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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageCoindesk
April 16, 2025

What Is China Doing With It's Bitcoin?

China is the second largest holder of bitcoin among countries, with about 194,000 bitcoins worth about $16.5 billion as of February 2025, just behind the United States, according to Bitcoin Treasuries tracked by BitBo. CoinDesk's Christine Lee explores how China's local governments are reportedly grappling with how to dispose of cryptocurrencies seized from illegal transactions on "Chart of the Day.

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cover-imageBenzinga
April 16, 2025

Fed Chair Powell Says Crypto And Banking Rules Will 'Loosen' As Sector Matures

Federal Reserve Chair Jerome Powell said Wednesday that the U.S. is preparing to relax certain cryptocurrency and banking regulations, marking a notable shift in tone toward the digital asset sector. What Happened: Speaking at the Economic Club of Chicago on Wednesday, Powell acknowledged that the crypto market has become more mainstream and emphasized the need for a clear regulatory framework, particularly around stablecoins.

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cover-imageCointribune
April 16, 2025

Chess, Not Chance : Saylor Sticks To Long-Term BTC View

While markets nervously scrutinize the signals from the Federal Reserve, Michael Saylor, Executive Chairman of Strategy and a leading figure in Bitcoin maximalism, surprises everyone with a statement as enigmatic as it is calculated. On X, he posts a phrase: "Bitcoin is a chess game," accompanied by an AI-generated image of him posing in front of a chessboard.

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cover-imageCointelegraph
April 16, 2025

Sam Bankman-Fried's latest California prison once housed Al Capone

Former FTX CEO Sam “SBF” Bankman-Fried has moved from a transit facility to a California prison that once housed infamous gangster Al Capone.According to the Federal Bureau of Prisons website, officials moved Bankman-Fried from the Federal Transfer Center in Oklahoma City briefly to the Federal Correctional Institution in Victorville before transferring him to a facility in Terminal Island in Los Angeles, California. The federal institution was once home to criminals like former Theranos chief operating officer Ramesh Balwani and Capone, who was convicted of tax evasion in 1931.

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cover-imageThe Daily Hodl
April 16, 2025

U.S. Homeland Security Initiates Probe Into Crypto Bank Anchorage Digital: Report

The U.S. Department of Homeland Security is reportedly investigating the cryptocurrency company Anchorage Digital Bank. According to a new Barron's report, the federal agency's El Dorado Task Force, which combats money laundering and other financial crimes, has contacted Anchorage Digital Bank employees to inquire about the company's practices and policies.

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cover-imageBenzinga
April 16, 2025

Russia Reportedly Looking Into Creating Its Own Stablecoin

Russia is exploring the creation of its own stablecoins following the recent freeze of digital wallets linked to Russian entities, which held large amounts of the USDT (CRYPTO: USDT) stablecoin. What Happened: A senior Finance Ministry official indicated that such an initiative could help maintain financial autonomy amid growing restrictions from Western sanctions, according to Reuters.

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