Crypto

Kraken raised $800M across two tranches to scale operations and expand global markets.

U.S. standard setters have expanded guidance on crypto, with FASB addressing derecognition gaps and fair-value reporting as Treasury has proposed CAMT relief and lawmakers have examined taxation of staking, airdrops, stablecoins, and rising IRS enforcement on digital asset gains. The post U.S. Accounting Chief Targets Crypto Transfers: What Will It Mean for Your Balance Sheet? appeared first on Cryptonews.

Traders slash chances of a December cut to 33% as the Fed loses a key data point ahead of its final 2025 meeting.

The DeFi Education Fund estimated that decentralized finance technology could potentially save people up to $30 billion annually by reducing remittance costs. The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally. In a Wednesday blog post, the group said DeFi infrastructure could potentially save unbanked and underbanked people around the world about $30 billion annually through reducing remittance costs. The organization cited examples of workers sending funds home and paying fees to do so, which could be reduced “by up to 80%” with DeFi. “The poverty premium [the expenses incurred by low-income households that wealthier individuals are often able to access at a lower cost] persists because the current, layered, antiquated financial infrastructure makes it expensive to serve low-income customers profitably,” said the DeFi Education Fund, adding: Read more

The Winklevoss-backed Cypherpunk Technologies just topped up its Zcash treasury, with the privacy coin rising another 31% in the last week.

A former Olympic snowboarder turned "drug kingpin" is now facing U.S. sanctions as the FBI attempts to track him down in Mexico.

Tim Scott has outlined plans for the Senate Banking Committee to vote on crypto market structure by December, after earlier delays, presenting the bill as a way to protect consumers and strengthen US economic influence as the White House has engaged on digital asset policy. The post Senate Banking Committee Will Vote On Crypto Market Structure Next Month, Senator Tim Scott Scott Believes appeared first on Cryptonews.

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election. Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53. Even […] The post Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag appeared first on CryptoSlate.

The New Hampshire Business Finance Authority took the opening steps toward shepherding a potential $100 million private-sector bitcoin bond.

The 21shares Solana exchange-traded fund (TSOL) debuted with over $100 million in assets under management, signaling investor interest. Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL (SOL) ETF offering in the US. The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares. Senior Bloomberg ETF analyst Eric Balchunas said: The Solana ETFs have now taken in $2 billion as a group, with inflows basically every day, not bad considering the 'extreme fear' right now,” he wrote. TSOL’s debut was accompanied by the launch of investment manager VanEck’s SOL ETF (VSOL) on Monday, which also features staking rewards. Read more

Ethereum trades near $3,100 after a structure break at $2,940. Analysts expect a short-term move toward the $3,270–$3,360 liquidity zone.

The OCC has issued new guidance confirming that U.S. national banks may hold crypto on their own balance sheets to pay network fees and run blockchain services, rolling back Biden-era limits and aligning supervision with a renewed push into digital asset banking. The post The OCC Clears U.S. Banks to Hold Crypto on Balance Sheets for On-chain Operations appeared first on Cryptonews.

Onchain lending drove crypto-collateralized debt to a new peak in last quarter, but the leverage underpinning the market is now better collateralized than during the previous cycle.

The bond requires overcollateralization by 160%, and will result in liquidation if the value of Bitcoin collateral falls below 130% of the bond’s value.

Revolut, one of the world’s most widely used platforms for fast cross border payments, has tapped Ethereum’s L2 Polygon to supercharge its new stablecoin remittances service.This adds fresh momentum to a bullish Ethereum price prediction, and here is why.So far, Revolut has moved an impressive 690 million dollars through Polygon since the two projects first […] The post Ethereum Price Prediction: European Banking Giant Goes All In on ETH Tech – Is ETH the Future of Finance? appeared first on Cryptonews.

Bitcoin is quietly walking its way down the liquidity staircase, and the next solid step sits around $85,000. That number is not coming from a Fibonacci retracement, a moving average crossover, or any other technical analysis ‘gold standard.’ It comes from my simple grid of horizontal bands, grounded in factors that actually move markets: order-book […] The post Bitcoin to $73k? Be prepared with the price levels to watch during a bear market appeared first on CryptoSlate.

Bulls are struggling to hold Bitcoin price above $90,000, but BTC and altcoin charts suggest new yearly lows are the most likely outcome for cryptocurrencies in the short term. Key points: Bitcoin attempted a recovery on Tuesday, but the market open on Wednesday saw bears applying pressure at the intra-day range highs. Several altcoins are falling toward critical support levels, signaling that the bears remain in control. Read more

BlackRock's iShares Bitcoin Trust (IBIT) shed a daily record $523 million in investments on Tuesday, extending a five-day streak of outflows.

Convertible bonds offer cheap capital but carry refinancing risk, upfront short-selling, and multi-year overhangs.

ZKPs could become the backbone of a new era of trusted AI and digital identity, giving individuals and organizations a way to interact safely and transparently across platforms and borders, argues Evin McMullen, CEO and co-founder of Billions Network.