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Eric Trump accused major banks of blocking crypto yields. Meanwhile, the SEC submitted a new proposal on digital asset regulation.Eric Trump is calling out some of America’s largest financial institutions. In a pointed X post, he accused banks like JPMorgan Chase, Bank of America, and Wells Fargo of lobbying to block Americans from earning higher yields. He claims these banks are trying to prevent crypto platforms from offering competitive returns. His comments come as the SEC makes a significant regulatory move of its own.Big Banks and the Battle Over Crypto YieldsAccording to Trump, traditional banks currently pay customers between 0.01% and…
ZeroHash, which develops behind-the-scenes crypto infrastructure for businesses, said it applied for a National Trust Bank Charter from the U.S. Office of the Comptroller of the Currency (OCC), looking to operate under federal regulatory oversight.If approved, the charter would give ZeroHash permission to issue stablecoins, custody digital assets and manage reserves under direct federal oversight. It would not be allowed to take customer deposits or engage in commercial lending.That status could allow the Chicago-based company, which already holds licenses in 51 U.S. jurisdictions and operates internationally, to expand its stablecoin and digital asset services under a single federal framework, rather…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is attempting to regain the $2,000 level as the broader crypto market shows early signs of relief after weeks of persistent volatility. The recent stabilization in price action has helped ease short-term selling pressure, allowing ETH to approach a key psychological and technical threshold that could influence market sentiment in the coming weeks. While the recovery remains tentative, on-chain data suggests that structural changes in supply dynamics may be developing beneath the surface. According to data from CryptoQuant, the total amount of Ethereum withdrawn from exchanges…
Sui Dollar (USDsui) is now live on Sui mainnet. Issued by Bridge, a Stripe company, this stablecoin targets global payments and DeFi.The Sui ecosystem now has its own native digital dollar. Sui Dollar (USDsui) went live on Sui mainnet on March 4, 2026. It is issued by Bridge, a company under Stripe. The Sui Foundation announced the launch through a blog post, calling it a major step forward for scalable finance and global payments on the Sui network.What Is Sui Dollar and Who Is Behind ItBridge built Sui Dollar using its Open Issuance platform. The platform handles stablecoin deployment without dropping…
Bitcoin remained bid Thursday amid signs of persistent demand for spot exchange-traded funds (ETFs). The leading cryptocurrency traded near $72,500 on Thursday, according to CoinDesk market data. The U.S.-listed spot ETFs pulled in another $155 million in net inflows on Wednesday, extending a recent streak of institutional buying that has helped lift prices after weeks of sluggish activity. The fresh inflows bring total allocations to roughly $1.47 billion over the past two weeks, according to data curated by SoSoValue, marking a sharp reversal after several weeks of withdrawals earlier this year. Institutional demand through ETFs has begun to stabilize after…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto industry took a significant step deeper into the traditional financial system on Wednesday after Kraken Financial, a Wyoming-chartered digital asset bank, was granted a Federal Reserve (Fed) master account. According to one expert, Ripple may follow suit. The approval makes Kraken Financial the first crypto-focused bank in US history to gain direct access to the Federal Reserve’s payment infrastructure, a development many see as a landmark moment for the sector. Crypto Enters Fed’s Core System The announcement signals a structural shift in how crypto-native institutions…
Bitwise sent $233K from its $2.7B Bitcoin ETF to fund Bitcoin developers. Here’s what the donation covers and why it matters.Bitwise Asset Management has made its second annual Bitcoin developer donation. The crypto asset manager confirmed a $233,000 contribution drawn from profits of its Bitwise Bitcoin ETF (BITB). The funds go directly to nonprofits supporting the people who maintain Bitcoin’s core code. Since BITB launched in January 2024, Bitwise has pledged to donate 10% of its gross profits each year.Bitwise Bitcoin ETF Fulfills Annual Donation PledgeThe donation marks a year of solid growth for BITB. Bitwise noted the ETF now manages $2.7 billion…
Quant-driven trading firm TDX Strategies is pitching clients a bullish bitcoin trade with an interesting financing twist that helps offset the cost of the bet while reshaping the position’s risk profile.The Hong Kong–based firm suggested a “bullish risk reversal” strategy on Wednesday, which involves selling a put option (insurance against a downtrend) and using the premium earned to buy bullish call options – essentially funding bullish bets with income from put writing.This way, the trader effectively pays little or nothing upfront while remaining exposed to a bitcoin rally.It reflects a broader shift toward more sophisticated, options‑driven positioning, as traders look…
As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Related Reading Bitcoin Shows Strength Despite Growing Geopolitical Fears On Wednesday, Bitcoin surged 8.3% to trade above the $72,000 barrier for the first time in a month. The cryptocurrency has been trading between the $63,000-$73,000 price range since early February, but it has failed to break past the $70,000 mark…
Crypto analyst Benjamin Cowen says Bitcoin could see a short-term rally through March if historical patterns play out. In a new YouTube update, Cowen outlines a recurring structure in Bitcoin’s yearly performance. Historically, BTC tends to decline into January and February, rally into March, and then weaken again in April and May. “It seems reasonable to have a rally into a lower high, which we tend to get in March… There’s no guarantee. But historically, weakness into February, strength into March and then weakness into April and May – that’s typically how the Bitcoin cycle works.” Cowen cautions that March…