Analysis Archive – Page 127

Coinbase Tells the Senate It Cannot Support the Stablecoin Yield Compromise
Coinbase informed Senate offices it has significant concerns about the CLARITY Act yield language, threatening to derail the crypto market structure bill again.

A UK Bank Will Put 250 Million Pounds of Insured Deposits on a Public Blockchain
Monument Bank plans to tokenize up to £250M in retail deposits on the Midnight network, keeping full FSCS protection and interest payments intact.

Irish Police Crack the First of 12 Bitcoin Wallets in a 418 Million Dollar Drug Seizure
Ireland's Criminal Assets Bureau and Europol accessed 500 BTC worth $34 million from a convicted cannabis grower's stash after seven years of trying.

Gold Posts Its Worst Losing Streak Since 1920 as Bitcoin Quietly Gains Ground
Gold has fallen for 10 straight days, the longest run in over a century. Meanwhile, one bitcoin now buys nearly 16 ounces of gold, up 30% from recent lows.

Indian Court Says No Case Against CoinDCX Founders, Grants Bail Three Days After Arrest
A Thane magistrate court ruled there is no prima facie case against CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in the Rs 71 lakh impersonation fraud.

A 14 Billion Dollar Bitcoin Options Expiry Hits Friday, and 75,000 Is the Magnet
Deribit's largest quarterly options expiry wipes 40% of open interest Friday. Max pain sits at $75,000, roughly 6% above spot. Here is what that means.

Ripple Joins Singapores Central Bank Sandbox to Test RLUSD-Powered Trade Settlements
Ripple partners with Unloq in the MAS BLOOM initiative to pilot automated cross-border trade finance using RLUSD on the XRP Ledger.

Tether Hires a Big Four Firm to Audit Its 184 Billion Dollar USDT Reserves for the First Time
Tether engages an unnamed Big Four accounting firm for its first full independent audit, covering reserves, liabilities, and controls. Circle stock drops 20%.

Crypto Cards Roundup March 25 - Mastercard Buys BVNK for $1.8B, Gemini Adds Crypto Bill Pay, Uphold Launches Exa Credit Card
Crypto Cards Roundup March 25 - Mastercard Buys BVNK for $1.8B, Gemini Adds Crypto Bill Pay, Uphold Launches Exa Credit Card

Kentucky Passed a Bill That Would Force Wallet Makers to Reset Your Seed Phrase
Kentucky HB 380 passed the House 85-0 with a buried amendment requiring hardware wallet providers to help reset seed phrases. Critics say it outlaws self-custody.
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