BlackRock formally opposed the Office of the Comptroller of the Currency’s draft rules for the $GENIUS Act, arguing that proposed limits on reserve assets are unnecessary. On Friday, the asset management company submitted a 17-page comment letter addressing the OCC’s 20% cap on tokenized assets. It argues that the proposal would choke its BUIDL fund
Bernardo Bilotta argues that banks avoid stablecoins not due to a lack of technical understanding, but to protect their vital relationships with central banks and Western correspondent banks, who are notoriously risk-averse. Key Takeaways: Bernardo Bilotta notes Asia handles 50% of global stablecoin flows, but banks fear regulatory risk. Tether and eStable now enable local
US investment giant Berkshire Hathaway increased its cash reserves to an all-time high of $397 billion in the first quarter of 2026. The company’s move, coinciding with a period when valuations in the US stock markets have reached historical highs, has reignited the “selling at the peak” debate. The company’s first-quarter cash flow increase was
The exclusive data covering the crypto fundraising over the 1st quarter of this year has shown a shifting market trend. Hence, the crypto venture capitalists have recorded notable capital inflows. As per the data from CryptoRank’s Fundraising Digest’s new report, despite the decrease in the number of deals in the crypto VC sector, a staggering
Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%. “Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s
Deepening inflation fears are pushing U.S. crypto traders into digital assets, as 90% worry the dollar will lose purchasing power. An OKX survey found 49% increased crypto holdings since January, reflecting intensifying pressure on portfolio strategies. Key Takeaways: 90% of surveyed traders fear the dollar will lose purchasing power. 49% increased crypto holdings since January
While US President Donald Trump has reiterated that both diplomatic and military options remain on the table in the ongoing tensions with Iran, uncertainty persists regarding a possible agreement between the parties. Trump stated that he was awaiting the “full text” of a draft agreement that had been presented to him, while describing the blockade
Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend. The move comes alongside strong daily RSI readings, a successful