Brazil bars crypto settlement in regulated cross-border payment rails
Brazil’s central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows.
SBI eyes Bitbank deal as Japan’s crypto exchange market consolidates
SBI Holdings is in discussions to make Bitbank a subsidiary, adding to its push to acquire crypto exchanges amid improving…
Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with…
Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research
Bakkt announced the deal in January, which was originally for 9.3 million shares, along with a corporate name change to…
Repeated Bitcoin profit taking near $77K suggests rally is losing steam
Short-term traders took profit each time BTC rallied above $77,000, creating overhead sell pressure that has capped BTC’s ability to…
Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs…
US Senate bans itself from betting on prediction markets
The US Senate unanimously passed a rule banning members and staff from prediction markets, with a similar resolution set to…
Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?
Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings…
Stablecoins overtake Bitcoin in Latin America crypto purchases — Bitso
A Bitso report shows shifting user behavior as dollar-linked stablecoins gain traction for everyday financial use across Latin America’s inflation-hit…
Bitcoin’s $75K cost basis emerges as key support zone for current bull trend
Bitcoin found support above a key investor cost-basis level as spot BTC ETF flows and spot positioning compressed BTC’s price…