John Crawford

John Crawford

US Lawmaker Wants Answers About Kraken’s Fed Master Account Approval

US Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, is demanding answers from the Federal Reserve Bank of Kansas City over the approval of Kraken Financial’s limited-purpose master account. In a letter Thursday, Waters asked Kansas City Fed President Jeff Schmid to respond by April 10, outlining what Kraken’s approval means

Ether Rallies Fail To Break The $2.4K Level: Here’s Why

Key takeaways: Ether struggles to hold $2,400 due to low DEX volumes and declining demand for decentralized applications. Institutional investor-led outflows and weak futures premiums suggest that ETH lacks the bullish demand for a sustainable rally. Ether (ETH) experienced a 6% correction between Wednesday and Thursday, retesting the $2,050 level, and reflecting a risk-off environment

Treasury Plans to Add Donald Trump’s Signature to US Currency

US President Donald Trump is set to become the first sitting president in history to have his signature put on US paper currency. In an announcement on Thursday, the US Department of the Treasury said the move would mark the 250th anniversary of the US. It will put both Trump and Treasury Secretary Scott Bessent’s

GameStop Didn’t Sell Its 4,710 Bitcoin

GameStop revealed on Tuesday that it pledged nearly all of its Bitcoin as collateral on Coinbase as part of a covered call strategy in January, ending two months of speculation over whether it had sold the coins. In a 10-K annual report to the Securities and Exchange Commission on Tuesday, the video game retailer revealed

SEC No Longer ‘Cop on the Beat’ for Crypto, Lawmaker Says

Representative Stephen Lynch voiced concerns about the direction of the SEC under Donald Trump, citing dropped investigations and enforcement actions on crypto companies. Opposing viewpoints on how regulators keep pace with technology were on view as a US House panel on Thursday examined different approaches to digital asset regulation at the Securities and Exchange Commission

Bitcoin Profitability Near 50% Mirrors Previous Market Bottoms

The total Bitcoin (BTC) supply in profit stands at 60.6% on Thursday, continuing to move within a range historically associated with market cycle resets. The metric previously dropped to 50.8% on Feb. 5, its lowest level since January 2, 2023, leaving a large share of holders at breakeven or at a loss. Similar conditions in

Nasdaq Tokenization May Split Stock Trading Across Markets: TD Securities

Nasdaq’s push to bring tokenization into capital markets could lead to a dual-market structure in which traditional US exchanges operate alongside blockchain-based trading venues, according to TD Securities — a shift that could split trading activity and lead to price differences across platforms. In a recent note, Reid Noch, vice president of US equity market

Twenty One Capital Unseats MARA in Bitcoin Treasury Race

Jack Mallers’ Twenty One Capital is now the second-largest publicly traded Bitcoin (BTC) treasury by holdings after miner MARA sold part of its stack and slipped to third place. The newly formed Bitcoin treasury company holds 43,514 BTC in its corporate treasury, valued at over $2.9 billion using the market price at the time of

TradFi Returns to Bitcoin as Risks Loom

Bitcoin’s (BTC) consolidation continued into Thursday as bulls struggled to keep hold of $70,000, and competing narratives on BTC’s market structure versus its increasing institutional adoption clashed with the bearish overarching factors negatively impacting US equity markets.  Citing Bernstein’s $150,000 by the end of 2026 price estimate, Bloomberg analysts said that data shows institutional investors

Japan’s Financial Watchdog Flags KuCoin for OTC Derivatives Transactions

The crypto exchange has previously been in the crosshairs of Japanese regulators for offering products and services without the proper registration. Japan’s watchdog overseeing many activities for cryptocurrency exchanges has issued warning letters to companies, including KuCoin, for conducting certain operations without registering, according to a Thursday update from the Financial Services Agency (FSA). According
back to top