Custodia Bank’s Crushing Defeat: Crypto Banking Hits a Regulatory Wall Custodia Bank, a pioneering force in crypto-focused finance, has been handed a devastating loss in its five-year quest for a Federal Reserve master account. The US Court of Appeals for the Tenth Circuit, in a decisive 7-3 ruling, upheld the Fed’s authority to gatekeep access […]
Read Full Article
US Court Rejects Custodia Bank Rehearing as Kraken Scores Fedwire Access in Crypto Banking Clash In a tale of two crypto titans, Custodia Bank and Kraken have landed on opposite sides of the regulatory fence in their fight for access to the Federal Reserve’s payment systems. While Custodia slams into a legal dead end, Kraken […]
Read Full Article
Oil Prices Near $100: Why Bitcoin Struggles to Break $70K Bitcoin’s march toward $70,000 has slammed into a brick wall, and the unexpected obstacle might be fueling your car right now. With oil prices surging close to $100 per barrel due to escalating geopolitical unrest, inflation fears are spiking, creating a brutal macro environment for […]
Read Full Article
Bitcoin on the Brink: Could $65,000 Be Next as Bearish Forces Mount? Bitcoin, the pioneer of decentralized finance, is taking a beating as it slips below the critical $70,000 threshold, trading at $69,385 after a 4.8% drop over the past week. With macroeconomic headwinds and geopolitical turmoil rattling global markets, the flagship cryptocurrency faces a […]
Read Full Article
February CPI Report 2024: Pre-War Economy Data and Bitcoin Price at $70K The U.S. February Consumer Price Index (CPI) report is set to drop soon, painting a picture of an economy before the Iran conflict flipped the energy market on its head. With oil prices soaring past $115 per barrel and Bitcoin holding steady at […]
Read Full Article
Banks Fight Kraken’s Federal Reserve Approval: Crypto Threat or Financial Revolution? Kraken Financial, the banking arm of cryptocurrency exchange Kraken, has achieved a historic breakthrough by securing a Federal Reserve master account—the first crypto-focused entity to gain such access. Announced on Wednesday, this decision by the Kansas City Federal Reserve marks a bold step toward […]
Read Full Article
Kraken Secures Federal Reserve Payment Access: A Win for Crypto with Strings Attached Kraken, a heavyweight in the cryptocurrency exchange arena, has pulled off a historic feat by gaining direct access to the Federal Reserve’s payment system through its banking arm, Kraken Financial. Announced by the Federal Reserve Bank of Kansas City, this breakthrough allows […]
Read Full Article
Bitcoin Price Surge Possible Amid US-Iran Conflict and Fed Policy Shifts, Warns Arthur Hayes Geopolitical tensions in the Middle East are once again making headlines, and Arthur Hayes, co-founder of BitMEX, believes a potential US-Iran conflict could ignite a Bitcoin rally while fiat currencies buckle under pressure. In his recent Substack essay “iOS Warfare,” Hayes […]
Read Full Article
Why Is the Crypto Market Surging Today? Breakout Momentum Builds Ahead of U.S. Data Brace yourselves, crypto warriors—the market is charging back with a vengeance, delivering gains that have traders on high alert and portfolios breathing a sigh of relief. Bitcoin, Ethereum, and a host of altcoins are climbing, propelled by technical rebounds, short squeezes, […]
Read Full Article
Kevin Warsh: Bitcoin’s Unexpected Ally or Crypto’s Toughest Critic as Fed Chair Nominee? Could a Bitcoin advocate at the helm of the Federal Reserve be the breakthrough crypto needs—or a devastating blow to decentralization? Kevin Warsh, nominated by President Donald Trump in January 2026 to succeed Jerome Powell as Fed Chair, is shaking up both […]
Read Full Article