sUSD fell as low as $0.66 after a protocol update, cutting a $10,000 balance to about $6,800 during the April 2025 depeg. A sharp drop in sUSD left several holders facing unexpected losses after the stablecoin moved far below its one-dollar peg. Some users reported reduced balances despite making no trades. The decline occurred with […]
Gold and silver saw a $5.9 trillion market value drop in 30 minutes, driven by forced liquidations, leverage, and market structure stress. Gold and silver markets experienced an abrupt and unusual collapse after an estimated $5.9 trillion in market value was erased within a 30-minute period. The speed and scale of the decline drew attention […]
SEC Chair Paul Atkins supports limited crypto in 401(k)s as SEC and CFTC push closer coordination on crypto regulation. U.S. regulators are moving toward closer coordination as crypto policy debates continue in Congress. SEC Chair Paul Atkins signaled support for limited crypto exposure in 401(k) plans. His remarks came as the SEC and CFTC convened […]
SEC and CFTC signal cooperation as Congress debates crypto market structure and stablecoin yield ahead of a White House meeting. U.S. crypto regulation entered a key moment as the SEC and CFTC signaled cooperation before a White House meeting. Their alignment comes while Congress debates a long-awaited crypto market structure bill. The talks aim to […]
Bybit is building account access that links fiat and crypto, aiming to support daily payments and cross-border transactions. Bybit is pushing further into mainstream finance as it works to connect traditional banking with digital assets. The crypto exchange promises a new banking-style service that gives users direct access to fiat and crypto from a single […]
Bitcoin and Ethereum’s weakness reflects deleveraging and market structure, not a breakdown in long-term fundamentals. Market analyst Garrett has offered his analysis of why blue-chip crypto coins have lagged precious metals and other risk assets. Moving away from popular short-term price analysis, the analyst pointed to deeper structural market forces as the reason for this […]
SEI rebounded from recent lows but remains capped below $0.11 resistance, with $0.1044 support in focus ahead of the FOMC decision. SEI rebounded after taking out recent lows, but price action remains undecided as broader altcoin markets show similar patterns. The recovery comes after a sharp move lower that cleared nearby liquidity. Traders are now […]
Powell ties future rate cuts to labor market weakness as Fed holds rates steady, while Bitcoin stays near $89K with muted reaction. Federal Reserve Chair Jerome Powell’s latest comments on interest rates came at a moment when economic policy, crypto regulation, and U.S. politics are increasingly connected. As Powell emphasized the labor market as the […]
The Financial Services Commission (FSC) of South Korea suggests 15-20% ownership rates on the large crypto-exchanges, including Upbit and Bithumb. The new Digital Asset Basic Act would mandate the huge shareholders to divest a portion of their interests. The head of the financial regulator in South Korea revealed controversial plans on Wednesday. The FSC desires […]
Nomura’s Laser Digital files OCC application to operate a nationwide U.S. crypto trust bank, offering custody, trading, and staking services. Nomura Holdings’ digital arm, Laser Digital, has filed for a U.S. national trust bank charter. The move aims to expand its institutional crypto services nationwide. The application, which was submitted to the Office of the […]