The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations can engage in crypto-asset custody and trading services. This clarification comes in Interpretive Letter 1184, which outlines that banks may buy and sell digital assets held in custody at their customers’ direction and may … Read more
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal. In a May 7 filing in the US District Court for the Southern District of New York, Bond’s lawyers reiterated … Read more
Massive Early Gains: Shiba Inu, Pepe, and Why Pepeto Is Next in Line Shiba Inu and Pepe have made history in the meme coin world, delivering life-changing returns for early investors. Shiba Inu famously transformed small bets into millions, climbing over 80,000,000% from its launch price to its all-time high, making headlines as one of … Read more
The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote difference, as 49 Democrat senators denied the motion against 48 favorable votes. Senate Majority Leader John Thune accused Democrats of using the filibuster for … Read more
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count of securities fraud, admitting to misleading investors about Celsius’s … Read more
The crypto market is no stranger to waves of FOMO (fear of missing out), but MAGACOIN FINANCE is turning heads in a way few early-stage projects can. With over $8 million raised and a presale price still under $0.001, investors are racing to secure their position before the project’s final surge begins. The rush isn’t … Read more
This week, three U.S. states have enacted bitcoin-related bills into law. On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR). On Wednesday, Arizona enacted its second bill related to bitcoin, blockchain, and digital assets. Also on Wednesday, Oregon’s … Read more
The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and willingness to plead guilty. But US prosecutors were … Read more
The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations can engage in crypto-asset custody and trading services. This clarification comes in Interpretive Letter 1184, which outlines that banks may buy and sell digital assets held in custody at their customers’ direction and may … Read more
Bitcoin’s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% gap before reaching its all-time high. With a market capitalization of $2.01 trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current positioning reveals a complex but bullish technical landscape, as it ranged intraday between $95,967 and $101,711. Bitcoin On … Read more