Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters.
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Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Bitcoin, Ethereum to shake off ‘toothless adversary’ SEC as FOMC looms
Bitcoin (BTC) and Ether (ETH) are due volatility — but not thanks to “toothless” United States regulators, new analysis says.In its latest market update on June 9, trading firm QCP Capital told market participants to gear up for macro-fueled price action for BTC and ETH.Related: Why is Bitcoin price stuck?QCP Capital: U.S. crypto "mudslinging" to continueThe…

Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode.The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million has surged twofold since September 2020 — from 30% to 70% of the total value…

Another Class Action Suit Brought Against Robinhood Over Platform Outages
Following a series of platform outages during historic price action earlier this month, Robinhood, a popular stock and cryptocurrency trading app, now faces another class action complaint.The lawsuit, filed March 25, was brought by customer Bruce Queen, on behalf of “all Robinhood customers within the United States who were not able to execute trades on…

South Korea blocks 14 crypto exchanges on Apple Store — Report
The move came just weeks after Google Play blocked access on March 26 to 17 unregistered exchanges in the country. South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among

Top 5 Crypto Performers Overview: Binance Coin, Bitcoin SV, Ripple, Dash, Litecoin
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The crypto markets are showing signs of bottoming out. Bitcoin…

El Salvador's Volcano Bond gets regulatory approval, targets Q1 launch
The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. El Salvador's long-anticipated Bitcoin bonds, also known as "Volcano Bonds" have received the regulatory nod, and are expected to launch early 2024.The Volcano Bond was approved by El Salvador's Digital Assets Commission and is anticipated

Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce
Solana (SOL) price may fall to $70 a token in the coming weeks as a head and shoulders setup emerged on the daily timeframe and possibly points toward a 45%+ decline.The chart below shows that SOL price rallied to nearly $217 in September 2021, dropped to a support level near $134 and then moved to establish…