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Bill Demchak, chief executive officer (CEO) of PNC Financial Services Group, one of the largest U.S. banks, voiced strong concerns about interest-bearing stablecoins. He said it is undesirable from a regulatory perspective for stablecoins to straddle
Global spending on crypto (cryptocurrency) cards totals about $18 billion a year, and an analysis finds that card payments using stablecoins are rapidly becoming a mainstream way to pay for everyday purchases. On the 16th (local time), crypto-focused
CryptoQuant, an on-chain data platform, said that while investor sentiment in the Bitcoin (BTC) market has recently improved, key indicators still point to a bear-market phase. On the 16th (local time), CryptoQuant said in a post on its official X (f
Bitcoin (BTC) has briefly given up the $95,000 level. As of 00:22 on the 17th, BTC is trading at $94,983.77, down 1.31% from the previous day, on the Binance Tether (USDT) market.
A rise in BTC prices and improved mining economics were cited as key drivers behind the recent strong performance of bitcoin (BTC) mining stocks listed on U.S. exchanges. According to CoinDesk, a cryptocurrency-focused media outlet, JPMorgan said in
The three major U.S. stock indexes are trading mixed. The Nasdaq Composite is up 0.46% from the previous session at 23,637.37 points as of 00:05 on the 17th. The Dow Jones index is down 0.06% at 49,411.23 points, while the S&P 500 index is up 0.16% a
The three major U.S. stock indexes closed higher. The Nasdaq Composite rose 0.25% from the previous session to 23,530.02 points on the 15th. The Dow Jones index gained 0.60% to 49,442.26, and the S&P 500 index added 0.26% to finish at 6,944.49.
According to CoinDesk, a crypto-focused media outlet, on the 15th (local time) the Depository Trust & Clearing Corporation (DTCC) announced a roadmap to move all roughly 1.4 million securities it holds fully on-chain. The project has been pushed in e
According to The Block, a media outlet specializing in digital assets (cryptocurrency), Coinbase CEO Brian Armstrong said he expects a revised version of the crypto market structure bill (CLARITY) to be introduced within weeks. In an interview with C
According to Walter Bloomberg, an economics breaking-news account, on the 15th (local time), the White House said President Donald Trump is closely monitoring developments related to anti-government protests in Iran and is keeping all options open fo
Bitcoin (BTC) briefly fell below the $96,000 level. As of 04:05 on the 16th (Binance Tether (USDT) market), BTC is trading at $95,762.19, down 0.97% from the previous day.
Democratic members of the U.S. House of Representatives raised suspicions of political collusion over the Securities and Exchange Commission’s (SEC) decision to halt investigations into major virtual-asset (cryptocurrency) cases. According to crypto-
According to CoinDesk, a media outlet specializing in digital assets (cryptocurrencies), Goldman Sachs has designated asset tokenization and prediction markets as core next-generation growth drivers and is accelerating the integration of related busi
AI-based Web3 information platform Kaito (KAITO) said it will shut down its rewards-based service Yaps and the incentive leaderboard, and launch a new marketing platform, 'Kaito Studio.' Kaito explained that the overhaul is part of a restructuring pr
On the 15th (local time), Bloomberg reported that major US bank State Street plans to launch tokenised financial products. According to the report, State Street is pursuing the development of cash-equivalent financial products such as tokenised depos
An analysis suggests that XRP’s technical indicators are flashing bullish signals, potentially allowing it to climb to $2.8 by the end of this month. According to crypto-focused media outlet Cointelegraph on the 15th (local time), the XRP/USD daily c
U.S. investment bank Benchmark said the postponement of the markup for the digital-asset (cryptocurrency) market-structure bill, the CLARITY Act, should be viewed as a positive window to align the bill’s key contentious issues. According to crypto-fo
Bitcoin (BTC) briefly recovered the $96,000 level. As of 00:16 on the 17th, BTC is trading at $96,248.49 on Binance’s Tether (USDT) market, down 0.70% from the previous day.
The three major U.S. stock indexes are trading higher. As of 12:08 a.m. on the 16th, the Nasdaq Composite is up 0.74% from the previous day at 23,644.65 points. The Dow Jones Industrial Average is up 0.43% at 49,360.57, and the S&P 500 is up 0.51% at
Asset manager Bitwise has listed seven exchange-traded products (ETPs) linked to Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) on Sweden’s Nasdaq Stockholm. According to Cointelegraph, a crypto-focused media outlet, the listings mean Swedish investo
More than half of the virtual assets (cryptocurrencies) launched since mid-2021 are no longer trading, data showed. According to crypto-focused outlet CoinDesk on the 14th (local time), 53.2% of roughly 20.2 million virtual assets that came to market
According to Walter Bloomberg, a breaking-news account, on the 14th (local time), Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the US economy and labor market are sending mixed signals. Kashkari said, "The current economi
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the Zcash Foundation. According to crypto-focused media outlet The Block on the 14th (local time), the SEC notified the foundation that it had concluded it
According to The Block, a media outlet specializing in virtual assets (cryptocurrencies), tokenized brokerage infrastructure firm Alpaca said on the 14th (local time) that it raised $150 million in a Series D funding round. The company was valued at
Tim Scott, chairman of the U.S. Senate Banking Committee, said it would be inappropriate to fold ethics rules aimed at barring President Donald Trump from involvement in digital-asset (cryptocurrency) businesses into the cryptocurrency legislation cu
A member of the U.S. Federal Reserve (Fed) reiterated that a substantial cut in the benchmark interest rate is needed this year to prevent a slowdown in the labor market. According to Walter Bloomberg, a breaking-news account, on the 14th (local time
The three major U.S. stock indexes are trading lower. The Nasdaq Composite was down 1.30% from the previous session at 23,401.78 points as of 01:32 on the 15th. The Dow Jones Industrial Average was down 0.50% at 48,943.75, while the S&P 500 was down
A member of the U.S. Federal Reserve (Fed) said the growing adoption of stablecoins will further strengthen the influence of the U.S. dollar in the global financial system. According to Walter Bloomberg, an economic news alert account, on the 14th (l
On the 14th (local time), the Sui team said via its official X (formerly Twitter) that “the Sui mainnet is currently experiencing network delays, and we are actively responding to resolve the issue.” The incident could restrict access to some decentr
The U.S. Supreme Court did not issue a decision on the legality of President Donald Trump’s universal global tariff policy on the day. According to Walter Bloomberg on June 14 (local time), the Supreme Court postponed a ruling on whether the universa