Hidden Road secures FINRA license, expands into fixed-income clearing and financing. Ripple’s $1.25B acquisition advances institutional brokerage and XRPL integration plans. Hidden Road aims to become a top non-bank prime broker with $10B+ daily transaction volume. Hidden Road, recently acquired by Ripple, secured the Financial Industry Regulatory Authority. FINRA’s license to act as a registered … Read more
On April 18th, COINOTAG News reported insights from Kathy Jones, Chief Fixed Income Strategist at the Charles Schwab Center for Financial Research. Jones emphasized the potential ramifications of political maneuvers on monetary policy, particularly concerning the Federal Reserve’s Chair, Jerome Powell. She mentioned that former President Donald Trump has openly expressed interest in removing Powell … Read more
Arizona’s Bitcoin Reserve Bill, SB 1373, has successfully passed the House Committee of the Whole. The bill is now set to move forward to the Third Reading and the final floor vote. This significant step brings Arizona closer to establishing a Bitcoin reserve, potentially strengthening the state’s role in the cryptocurrency space. If approved, this … Read more
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show. … Read more
SPAR, a global grocery retailer with a significant presence including over 13,900 stores across 48 countries in Europe, Asia, Africa, and Australia, is reportedly testing cryptocurrency payments in Switzerland. A post on Linkedin indicated that a SPAR store in Zug, Switzerland, is accepting bitcoin payments via the Lightning Network. This trial marks one of the … Read more
Trump Media & Technology Group (TMTG), the company behind Truth Social, is calling on US regulators to take a closer look at what it claims is suspicious trading activity involving its DJT stock. In a public letter to the SEC’s acting chairman, the company alleged that a UK-based firm, Qube, may be shorting DJT stock … Read more
The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk measures are in place. “Synthetix and sUSD have weathered multiple bear markets … Read more
There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing. Rug pulls have dropped in frequency year-over-year, with early 2024 recording 21 separate incidents, compared to only seven so far in 2025, according … Read more
If you hold or use stablecoins, or are just interested in crypto, understanding MiCA is becoming essential. Let’s break down what stablecoins are, what the new EU rules demand, and how this might affect users, crypto companies, and the broader market. What Are Stablecoins, Anyway? Before diving into the rules, let’s quickly refresh what stablecoins … Read more
Latest news on XRP Ripple: XRP has found itself in the spotlight again. XRP is currently trading above $2, sparking renewed hope among investors. Analysts are buzzing about the possibility of it becoming the next cryptocurrency to get a spot ETF approval in the U.S., right after Bitcoin and Ethereum. However, while the long-term narrative … Read more