Payments infrastructure company Modern Treasury has applied to establish a US national trust bank that would provide digital asset custody and related fiat services. According to Monday’s announcement, the company submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Modern Treasury National Trust Bank, which would operate as a
The Bitcoin price is sitting in a heavy $84000 – $87000 liquidity zone, and analysts are increasingly describing the setup as bearish. One view says $BTC could still squeeze toward $87,000-$88,000 first, clearing upside liquidity before the market turns lower. That makes the current range a critical battleground. A breakout isn’t guaranteed, and neither is
The stock prices of most publicly-traded nuclear companies that have received a loan, contract, or financial incentive from Donald Trump’s administration have declined since receiving that favor. Trump’s administration has handed the nuclear industry tens of billions of dollars of incentives in the past year, including a new $4.2 billion federal loan to Ohio nuclear
BlackRock’s recent alignment with the Depository Trust & Clearing Corporation (DTCC) as blockchain validators signifies a pivotal shift in stablecoin infrastructure. This move, highlighted in a tweet by @FireblocksHQ, emphasizes the ongoing evolution of digital currencies and settlement processes. With major players like Mastercard involved in a $25 billion card program, the implications for the
Bitcoin is often talked about in very abstract terms: ‘cryptocurrency ’, ‘digital gold’, metaphors that attempt to make this digital wonder of a monetary system feel more physical, more real to normal people. How well these metaphors work may be debated, but they are not the only attempts at making Bitcoin feel like more than
Bitcoin Rejection Near $87K Triggers Intraday Volatility Bitcoin wiped out early gains on Monday as the cryptocurrency again appeared to face rejection near $87,000 amid unusual volatility for a single 24-hour period. The topsy-turvy price action tempered market excitement sparked by the belief that October, historically a bullish month for bitcoin, will deliver even greater
While Bitcoin maintained its strong position around $86,000 despite the US dollar reaching its highest levels in 18 months, leading macroeconomic figures assessed the possible scenarios for the cryptocurrency market. The program, featuring Michael Howell, Dave Weisberger, and Bloomberg Intelligence senior commodities strategist Mike McGlone, highlighted global liquidity, the monetization of government debt, and Bitcoin’s
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a
$NEAR co-founder Illia Polosukhin said the network wants to connect tokenized equities directly with liquidity from traditional markets, positioning $NEAR Intents as an aggregation layer between crypto and venues such as Nasdaq. Speaking with Ashton Addison on the Crypto Coin Show, Polosukhin said liquidity remains one of the biggest limitations facing tokenized equities as more