As Bitcoin (BTC) and Solana (SOL) continue to lead broader market recovery, attention is now turning toward strategic altcoins still in their early phase. One name consistently topping investor watchlists is MAGACOINFINANCE —and it’s not slowing down. With over 65x growth potential , rising trader interest, and a limited pre-listing window, MAGACOINFINANCE is being framed as a breakout altcoin with staying power. MAGACOINFINANCE is rising fast among early-stage entries Bonus access still live: The 50% presale bonus remains open for a short window, rewarding fast movers. Listings are next: With exchange activity on the horizon, demand is expected to intensify. Over 12,000 early investors joined: The community is scaling rapidly, adding strength to the project’s momentum. Structured for scarcity: MAGACOINFINANCE operates on a 100 billion token cap , tightening availability as interest grows. MAGACOINFINANCE is backed by real projections From analysts to early-stage communities, MAGACOINFINANCE is being forecasted as one of the most promising performers of the cycle.Backed by organic traction and buyer’s activity, this project is now frequently included in top 2025 altcoin shortlists and investors are expecting it to reach beyond the x zone post-listing. MAGACOINFINANCE outshines MATIC, LINK, DOT, and UNI Polygon (MATIC) , Chainlink (LINK) , Polkadot (DOT) , and Uniswap (UNI) are strong names—but their breakout windows have closed. They now move with market cycles. MAGACOINFINANCE , by contrast, is still early. With pricing still exclusive and visibility increasing daily, this is the kind of positioning long-term investors wait for. Final thoughts on MAGACOINFINANCE Crypto history rewards early action. Bitcoin , XRP , and Ethereum all delivered when conviction came before recognition. Now, MAGACOINFINANCE is walking that same early path—backed by data, strategy, and growing demand. The bonus is live. The access is limited. The moment is now. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $800 Could Become Millions—MAGACOINFINANCE.COM and XRP Are Trending!
BitcoinSistemi 2025-04-26 17:02
Arthur Hayes discusses the potential of money printing on cryptocurrency markets. He predicts continued preference for gold among central banks over cryptocurrencies. Continue Reading: Arthur Hayes Highlights Economic Risks and Opportunities for Cryptocurrency Markets The post Arthur Hayes Highlights Economic Risks and Opportunities for Cryptocurrency Markets appeared first on COINTURK NEWS .
CoinTurk News 2025-04-26 17:01
The post Breaking News: First XRP ETF Goes Live in Brazil, Not U.S appeared first on Coinpedia Fintech News XRP has just reached a major milestone with the launch of its first-ever ETF in Brazil. This exciting move could bring more investors into XRP and open the door for bigger developments in the United States. With experts predicting that billions of dollars could soon flow into XRP products. However, this could pump the XRP price by 1000%. First XRP ETF Goes Live in Brazil In a big win for the XRP community, Brazil’s B3 stock exchange has launched the world’s first XRP ETF. The fund, called XRPH11, is managed by Hashdex and Genial Investimentos. It will track the Nasdaq XRP Reference Price Index, making it easier for investors to gain safe and regulated exposure to XRP. According to Hashdex, the ETF will invest at least 95% of its assets directly in XRP or in other products like futures contracts that copy XRP’s price movements. This setup allows both regular and big investors to invest in XRP without needing to own or store the cryptocurrency themselves. Brazil Moves Ahead, US Still Waiting Interestingly, this major step happened in Brazil, not in the United States, where Ripple is based. In the US, companies like Grayscale and Franklin Templeton have already filed for XRP ETFs, but they are still waiting for approval from the SEC. Meanwhile, the demand for XRP-related investment products is growing fast. As of April 18, XRP-focused ETPs had about $950 million in assets under management, according to CoinShares . Just last week, XRP funds saw $37.7 million in new money, leading all other crypto funds. Even bigger things could be on the horizon. JPMorgan predicted earlier this year that XRP products could pull in up to $8 billion — almost eight times more than today. XRP Price Outlook Even after this big news, XRP’s price hasn’t moved much. It is still trading around $2.20, with only a small 0.8% rise in the last 24 hours. But many believe that if an XRP ETF gets approved in the US, the price could shoot up. Although XRP has been moving slowly for some time, signs are starting to look more exciting. In the past, when gold slowed down after a strong rally, XRP went up by 1,000% . Now, with gold pulling back again, some experts think XRP could rise sharply and even reach $24 this year.
coinpedia 2025-04-26 17:00
Could Paul Atkins finally build a regulatory system that fosters crypto innovation instead of punishing it?
AMB Crypto 2025-04-26 17:00
Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity. Risk appetite appeared to return among crypto investors this week after US President Donald Trump adopted a softer tone, saying that import tariffs on Chinese goods may “come down substantially.” However, the improved investor sentiment “does not guarantee that Bitcoin will avoid volatility over the weekend,” analysts from Bitfinex exchange told Cointelegraph: “Sentiment improvements reduce fragility, but they do not eliminate structural risks like thin weekend liquidity.” “Historically, weekends remain vulnerable to sharp moves — especially when open interest is high and market depth is low,” the analysts said, adding that unexpected macroeconomic news can still increase volatility during low liquidity periods. Related: Trump fought the bond market, the bond market won: Saifedean Ammous Bitcoin ( BTC ) staged a near 11% recovery during the past week, but its rally has previously been limited by Sunday liquidity dynamics. BTC/USD, 1-year chart. Source: Cointelegraph Bitcoin fell below $75,000 on Sunday, April 6, despite initially decoupling from the US stock market’s $3.5 trillion drop on April 4 after US Federal Reserve Chair Jerome Powell warned that Trump’s tariffs may affect the economy and raise inflation. The correction was exacerbated by the lack of weekend liquidity and the fact that Bitcoin was the only large liquid asset available for de-risking, industry watchers told Cointelegraph. Related: US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor “While improved sentiment creates a more stable foundation, cryptocurrency markets are still susceptible to rapid movements during periods of reduced trading volume,” according to Marcin Kazmierczak, co-founder and chief operating officer of RedStone blockchain oracle firm. “The sentiment recovery provides some cushioning, but traders should remain cautious as weekend liquidity constraints can still amplify price movements regardless of the current market mood,” he told Cointelegraph. Crypto investors may have “maxed out on tariff-related fears” Cryptocurrency markets may have priced in the full extent of tariff-related concerns, according to Aurelie Barthere, principal research analyst at crypto intelligence platform Nansen. “It feels like we’ve maxed out on tariff-related fear,” she told Cointelegraph, adding: “While many remain uncertain about where things are headed over the next month or so, it also seems like markets were just waiting for the slightest signal that we’re back in the game.” “Whether the rally is sustainable depends on whether we can break through previous resistance levels, at least in isolation. It could have legs, as markets now seem to believe there’s a ‘Trump put’ under equities, the US dollar and US Treasurys,” Barthere added, warning of more potential volatility amid the upcoming negotiations. Nansen previously predicted a 70% chance that crypto markets will bottom and start a recovery by June, but highlighted that the timing will depend on the outcome of tariff negotiations. The tariff negotiations may only be “posturing” for the US to reach a trade agreement with China, which may be the “big prize” for Trump’s administration, according to Raoul Pal, founder and CEO of Global Macro Investor. Magazine: Bitcoin’s odds of June highs, SOL’s $485M outflows, and more: Hodler’s Digest, March 2 – 8
CoinTelegraph 2025-04-26 16:57
AI crypto coins are on the rise again, with the sector’s total market cap increasing by more than 33% in just the last two weeks. Coins like $TAI have jumped by a massive 234% in the last seven days. Other coins like $TAOBOT, $ZEREBRO, and $TURBO have also shown a remarkable growth of around 150% each. It’s worth noting that the sector’s combined market cap reached a lifetime high of $70.42B in January, following which came a sharp slump. This was the absolute worst the sector had seen, with its market cap plummeting to around $21B on April 9. However, two weeks later, the market’s no more gloomy. Bitcoin has picked up pace, and so has the crypto AI niche. Its market cap has jumped back to $28.8B at the time of writing. In this article, we’ll not only dissect the latest surge in the AI crypto market but also point you towards the best altcoins you can buy now to benefit from this rally. Investor’s Increasing Interest in AI Tokens It’s not just that the prices of AI tokens have increased. According to a new CoinGecko report , there’s increasing investor interest in the category as well. Out of the top 20 crypto narratives of the first quarter of 2025, 5 were AI-related, accounting for 35.7% of total investor interest. Plus, more than 62.8% of investors’ interest accounted for AI and meme coins combined. Another study done by CoinGecko shows that 48.7% of people think that AI will be more profitable than humans in crypto trading, while 46.6% are willing to trust AI for crypto investing. A few more mind-boggling numbers we found in CoinGecko’s research paper: At least 34% of the participants are willing to trust AI agents with their crypto portfolio. On the other hand, 37.5% said that agents cannot be trusted as of now. 27.9% of the people were neutral. A whopping 87.1% of the participants were willing to let an AI agent manage at least 10% of their crypto portfolio. Finally, more than 50% of people were willing to let an AI agent manage at least half of their crypto portfolios. This shows a change in perspective among both long- and short-term crypto participants. They’re now more confident and comfortable integrating AI into their crypto investment research process. Needless to say, this also means that now’s the best time to invest in AI tokens. As is evident from the tokens mentioned above, the potential for profit is simply insane. Herein lies an unmissable opportunity for utility-based AI coins like the ones mentioned in this guide. 1. MIND of Pepe ($MIND) – Best Altcoin to Benefit from the Crypto Community’s Increasing Love for AI MIND of Pepe ($MIND) is the best crypto to buy now if you’re after a utility-based AI agent coin with the potential to do wonders for your crypto portfolio. $MIND is an autonomous AI agent that has been designed to follow social sentiment trends and then use that to identify the top trending cryptos before they become viral. The AI agent will do so by interacting with the crypto community on online platforms, such as dApps and X. There, it will register the countless biases regarding the crypto market and then pour all that data into its hive-mind intelligence system. Considering that $MIND will finally launch on May 10 , anticipation among investors is at an all-time high. The same is also evident from MIND of Pepe ‘s chunky $8.2M presale purse. Luckily for you, the token is currently priced at just $0.0037415. If this is your first crypto presale purchase, here’s a guide on how to buy $MIND . 2. SUBBD Token ($SUBBD) – New Altcoin Revolutionizing the Online Creator Industry SUBBD Token ($SUBBD) is the newest crypto-AI partnership that promises to revolutionize the $85B subscription-based digital content industry. Online creators today struggle with high platform fees and the pain of having to burn the midnight oil just to have a regular flow of content. Enter SUBBD. It’s a one-of-a-kind platform that offers creators a host of AI tools, such as video, voice, and image generators, as well as a profile creation feature, which they can use to upscale and automate content creation, management, and distribution. In addition to lower fees, creators will also be able to choose between multiple modes of payment, such as pay-per-view (PPV), subscriptions, NFTs, tipping, and more. Fans, on the other hand, can use $SUBBD tokens to unlock exclusive creator content on SUBBD. Also, the more $SUBBD you have, the better discounts you get on content and on-platform subscriptions. What’s more, you can also stake your $SUBBD tokens. Staking benefits include access to exclusive content from SUBBD’s top talent, creator livestreams, and daily BTS drops, as well as a fixed APY of 20%. To put it in a nutshell, SUBBD Token is powering the next generation of digital content creation using AI. Interested? You’ll be delighted to hear that the project is in the early stages of its presale ($265K+ raised), which is why you can buy $SUBBD for just $0.05525. 3. ai16z ($AI16Z) – First-Ever Venture Capital Firm Run by AI Agents With a total market capitalization of over $250M, ai16z is one of the most prominent AI agent coins on the market right now. That’s because it’s the first venture capital firm to be run by AI agents. Designed to disrupt traditional investment models, ai16z uses the mystical powers of AI agents and collective intelligence to gather and study market sentiments and execute trades both on-chain and off-chain. Launched in October 2024, ai16z boasts over 1,500% in lifetime returns. However, it has made it to our list on the back of some solid recent performance. $AI16Z is up over 70% in just the last seven days , and it’s currently trading at $0.2328. As far as AI coins are concerned, this is one of the best cheap cryptos to buy now . In addition to a mouthwatering return on your investment, holding $AI16Z also gives you governance rights. Simply put, you’ll be able to vote on important decisions, including the project’s future and trading strategies. All the Best Altcoins to Be AI Cryptos? Although AI crypto coins are admittedly all the rage right now, it’s not advisable to put all your eggs in one basket, especially in crypto, where there’s high volatility and unpredictability. Also, just because the segment is firing, there’s no guaranteeing the performance of specific tokens. Kindly do your own research before investing. Remember, our articles are not financial advice.
NewsBTC 2025-04-26 16:50
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City Planning Board has expressed early favor toward a bitcoin mining data center proposed by
Bitcoin.com 2025-04-26 16:45
Hashdex’s XRPH11 positions Brazil as a leader in crypto financial products. U.S. investors still lack a regulated XRP spot ETF despite rising demand. Ripple’s SEC progress could pave the way for U.S. XRP ETF approval soon. Brazil now has the world’s first spot XRP ETF. Asset manager Hashdex launched its XRPH11 fund on Brazil’s B3 stock exchange on April 25th. This launch is a significant step for crypto investment access in Latin America and puts Brazil ahead in offering regulated crypto products. How Brazil’s New XRP ETF (XRPH11) Works The XRPH11 ETF is designed to track the Nasdaq XRP Reference Price Index. It does this by holding at least 95% of its assets in XRP , either directly or through related instruments like futures. Hashdex’s bold move now makes Brazil a leader in this space. It has also intensified pressure on the United States, where regulators haven’t yet approved a similar spot XRP ETF, even though XRP has American roots via Ripple Labs. Hashdex Adds XRP to Growing Crypto ETF Lineup This XRPH11 launch received approval from Brazil’s CVM (Securities and Exchange Commission) earlier in the year. Hashdex also recently got the … The post Hashdex Launches World’s First Spot XRP ETF (XRPH11) Trading Live Now on Brazil’s B3 Exchange appeared first on Coin Edition .
Coin Edition 2025-04-26 16:45
Ukraine’s financial system collapsed into chaos Saturday as major banks, payment services, and digital platforms across the country crashed at once, according to Bloomberg. People across Ukraine said they couldn’t swipe cards at retail stores, hop on public transport, or pay for taxi rides. Mobile payment apps like Apple Pay were also dead, leaving thousands stuck without ways to pay for basic goods and services. Serhiy Naumov, the CEO of Oshchadbank, Ukraine’s government-run savings bank, said on Telegram that a large data center used by the bank had gone down. Naumov confirmed the crash caused widespread banking disruptions. Meanwhile, Nova Poshta, the country’s biggest private post office and a company that now operates outside the country, posted on Facebook that its services had been taken offline due to “technical problems.” Diia, Ukraine’s national digital services platform, also stopped working. The Ministry of Digital Transformation said a technical update at one of its major data centers triggered the collapse. U.S. funding cuts strip Ukraine’s cyber defenses Even though nobody has officially blamed cyberattacks yet, Ukraine has been under nonstop cyber pressure ever since Russia’s full-scale invasion in 2022. As Cryptopolitan reported on Friday, American efforts to help the European nation defend itself have been gutted by Donald Trump’s new White House policies. After Trump was sworn in this January, the administration moved fast to slash budgets across U.S. agencies. Ukraine felt the cuts harder than almost anyone else. Cybersecurity support, military shipments, and even intelligence cooperation all dried up. Critics say Trump’s White House is pushing Ukraine’s President Volodymyr Zelenskiy to accept a peace deal that leans heavily toward Russia’s interests. Over the last five years, the U.S. Agency for International Development (USAID) poured more than $200 million into Ukraine’s cybersecurity efforts. The National Security Agency and U.S. Cyber Command also pitched in with technical support, equipment, and training. Their help kept Ukraine’s government ministries, national bank, telecommunications companies, and power providers running even under heavy Russian cyberattacks. Those lifelines have been yanked. USAID , once Ukraine’s biggest cybersecurity backer, was gutted by Elon Musk’s Department of Government Efficiency (DOGE) starting in February. Musk said on X that USAID was “interfering with governments worldwide” and “pushing radical left politics,” but he didn’t show any evidence for his claims. Cybersecurity contracts collapse after White House cuts Dozens of cybersecurity contractors working in Ukraine and the United States have had their deals canceled or frozen, according to eight people familiar with the matter who allegedly spoke to Bloomberg. These were the people helping Ukraine stop Russian hackers from crashing power plants and infiltrating the Cabinet of Ministers, the country’s executive leadership body. American grants had funded cybersecurity at government offices, election infrastructure, gas and energy companies, and even nuclear sites. Some programs were greenlit during Trump’s first term, but the second Trump administration cut them off without warning. The situation got even worse after Russia’s February 2022 invasion, when USAID sharply increased cybersecurity funding to help Ukraine survive the flood of new attacks. Now, with Musk leading the drive to dismantle foreign aid programs, even that backup is gone. This week, Vice President JD Vance warned that if the warring European nations don’t accept the Trump-backed peace deal, the United States might ditch the peace process altogether. That move could slam the door on any future cybersecurity assistance. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Cryptopolitan 2025-04-26 16:39
The post XRP Set for 1000% Rally? Gold’s Drop Could Trigger Massive XRP Rally! appeared first on Coinpedia Fintech News While the crypto market has been moving sideways for months, something interesting is happening with XRP. In the past, when gold slowed down after a strong run, XRP went on a huge 1,000% rally. Now, with gold cooling off and the Ripple vs SEC case nearly over, many are wondering — is it finally XRP’s time to shine again? XRP Could Be Ready For Breakout Over the past few months, gold has been performing extremely well, climbing nearly 89% from October 2023 to April 2025. While gold kept breaking records, the crypto market, including Bitcoin and XRP, has seen a modest increase, not as much as of gold surge. However, things are starting to change now. Gold has pulled back slightly from its peak, dropping about 6% and is now trading around $3,318 . At the same time, Bitcoin is bouncing back, this week, it climbed to $95,000 with an 11% gain, showing that the crypto market might be waking up again. Meanwhile, XRP has been trying to stay strong above the $2 mark, but hasn’t shown much of a jump over the period yet. History Could Repeat for XRP Interestingly, this pattern looks very similar to what happened in 2020. Back then, gold had a strong run while crypto stayed weak. But when gold started slowing down, XRP and the rest of the crypto market shot up. In 2020, XRP rose from just $0.17 to around $1.96, a gain of over 1,000% even though Ripple was still fighting a major lawsuit with the SEC at the time. Although now the SEC case against Ripple is also close to ending, which could remove a big risk for XRP and give it more room to fly higher. Could XRP Do It Again? However popular crypto analyst named Cryptarch on TradingView believes XRP could soon go higher. He expects the price to move up step-by-step, first testing important levels like $2.49, $3.00, and $3.39. He even thinks XRP might even jump to $6.50 soon, which would be almost a 200% increase from where it is now. Giving an even more hopeful prediction, crypto supporter Davinci Jeremie says XRP could reach $24 this year. As of now, XRP is trading at around $2.20 , reflecting a slight rise seen in the last 24 hours with a market cap hitting $128 billion.
coinpedia 2025-04-26 16:37
Bitcoin's (BTC) price action is relatively muted as it hovers around $95,000. The flagship cryptocurrency went past $95,000 on Friday, rising to $95,620, but lost momentum and declined to its current level of $94,285. Analysts predict BTC could reclaim $100,000 and potentially rally to a new all-time high if bullish momentum picks up. Bitcoin (BTC) Poised For Strongest Weekly Gain Bitcoin’s 11% jump to crack the $95,000 ceiling is on track to become its strongest weekly performance since November 2024. The flagship cryptocurrency pushed above $95,000 Friday before registering a marginal decline. BTC is marginally up over the past 24 hours as it looks to build momentum and reclaim $95,000. The broader crypto market also continued its positive momentum, with most cryptocurrencies, including Ethereum (ETH), Ripple (XRP), and Solana (SOL) trading upwards. The gains indicate that the markets have overcome the early-April turmoil created by economic uncertainty and Trump’s tariffs. ETFs have also bounced back, recording $2.68 billion in net inflows this week, the highest since December, according to data from SoSoValue. The flagship cryptocurrency’s resilience highlights its decoupling from traditional macro assets. David Duong, Global Head of Research at Coinbase Institutional, stated, “It’s rare to witness market inflection points in real-time, as we only tend to recognize major regime shifts with the benefit of time and reflection. This week’s decoupling of Bitcoin’s performance from that of traditional macro assets may be as close as we come to such a moment. In our view, this divergence highlights bitcoin’s maturing role as a store-of-value asset—one that is increasingly being viewed by institutional and retail investors alike as resilient against the macroeconomic forces affecting risk assets more broadly.” Swiss National Bank Dismisses Bitcoin Reserve An official from the Swiss National Bank has dismissed calls for adding Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to a report by Reuters, Swiss National Bank Chairman Martin Schlegel stated that cryptocurrency cannot fulfill the requirements of Switzerland’s currency reserves. The comments come amid growing pressure from the crypto industry to add BTC to the bank’s reserves. Luzius Meisser, a board member of cryptocurrency broker Bitcoin Suisse, stated, “Holding Bitcoin makes more sense as the world shifts towards a multipolar order. The need is even more dire now that the dollar and the euro are weakening.” This is not the first time the Swiss National Bank under Schlegel has pushed back against the idea of adding Bitcoin to its reserves. Schlegel had earlier stated he did not want to create a Bitcoin reserve in Switzerland due to the asset’s volatility. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has registered a marginal decline during the ongoing session as selling pressure around $95,000 prevents a push higher. The flagship cryptocurrency has had a bullish week, rising over 11%, and is on track to post its highest weekly gain since November 2024. One analyst believes BTC is gearing up for a massive price surge that could take it to $150,000 or beyond. The analyst pointed out that $89,000-$90,000 were key levels for BTC , stating that if the price fell below this level, it would have to wait for momentum to return. Additionally, Bitcoin’s Market Value to Realized Value (MVRV) has formed a Golden Cross with its 365-day Simple Moving Average (SMA). BTC has also reported a significant rise in its Apparent Demand. The indicator returned to positive territory after spending several weeks in the red. Bitcoin’s Apparent Demand measures the cumulative net demand for BTC over the past 30 days, tracking wallet accumulation and exchange outflows. An increase in this metric suggests strong buying pressure and bullish sentiment, leading to a potential rally. This is the first time since February that the Apparent Demand has turned positive, aligning with growing spot Bitcoin ETF inflows and accumulation by long-term holders. According to John Glover, chief investment officer of crypto lender Ledn, markets will remain choppy over the next week, but the flagship cryptocurrency should reclaim $100,000. “My expectations continue to be for a rally to $133-$136k into the end of this year, beginning of next.” BTC crossed the 50-day SMA on Thursday, rising 1.10% and settling at $84,956. The price lost momentum on Friday, registering a marginal drop and settling at $84,518. Sentiment changed over the weekend as BTC registered an increase of 0.61% to reclaim $85,000 and settle at $85,033. The price continued to push higher on Sunday despite selling pressure, registering a marginal increase and settling at $85,224. Bullish sentiment intensified on Monday as the price surged past $87,000 and settled at $87,508. BTC rallied on Tuesday, rising almost 7% to surge past $90,000 and settle at $93,373. Source: TradingView However, the rally lost momentum Wednesday as BTC encountered volatility and selling pressure. Despite this, the price rose 0.40% and settled at $93,749. Sellers drove BTC to a low of $91,693 on Thursday. However, buyers did not cede ground to the bears, and the price rebounded from this level to cross $94,000 and settle at $94,009. Buyers retained control on Friday as BTC registered an increase of almost 1% and $84,776, but not before reaching an intraday high of $95,865. The flagship cryptocurrency is marginally down during the current session as it attempts to overwhelm the overhead resistance. If BTC breaks above this level, it could reclaim $100,000 and push toward its all-time high. However, if the price dips below $90,000, it could signal buyer exhaustion. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-04-26 16:37
SEC Commissioner Mark Uyeda has proposed that state-chartered trust companies should be permitted to act as qualified custodians for Bitcoin and other cryptocurrencies. He suggests that allowing these institutions to custody digital assets would provide investment advisers with more options and increase competition in the market. Uyeda's proposal is part of ongoing regulatory discussions about expanding custodial options for investment advisers and clarifying the role of state-chartered trusts in the custody of cryptocurrencies. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The Defiant 2025-04-26 16:35