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Bank of England gov warns digital pound must not undermine commercial banks
Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb. 11, Bailey reinforced that while financial markets [โฆ] The post Bank of England gov warns...
Published on: February 11, 2025 | Source:
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SEC is waiting for a chair before setting crypto agenda โ Hester Peirce
Donald Trump nominated Paul Atkins as an SEC commissioner following the departure of Gary Gensler and Jaime Lizรกrraga.
Published on: February 11, 2025 | Source:Altcoin sector suffers historic losses while Bitcoin remains resilient
The altcoin sector is undergoing one of its most severe devaluations amid widespread sell-side pressure, with liquidity concentrated on a few trading pairs. According to a recent Glassnode report, weak adoption and product-market fit have compounded these struggles. This has led to broad-based losses across all altcoin subsectors, and in recent weeks, altcoins have significantly [โฆ] The post Altcoin sector suffers...
Published on: February 11, 2025 | Source:Coinbase expected to see 109% YoY revenue increase for Q4 โ Coin Metrics
Trading activity has surged since the November US elections, a good sign for crypto exchanges.
Published on: February 11, 2025 | Source:Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury
Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumiโs $150 million market cap. Following the news, Gumi stock climbed 3.65%. The company also revealed [โฆ] The post Japanese gaming publisher Gumi announces plans to buy $6 million worth of...
Published on: February 11, 2025 | Source:Ethereum Is in One of Its 'Deepest Undervaluation Zones in Years': Bitwise
Nonetheless, Bitwise points to historical data that suggests Ether could be "poised for a potential rebound in February."
Published on: February 11, 2025 | Source:Fed chair says he will not launch a digital dollar
Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.
Published on: February 11, 2025 | Source:Fed Chair Jerome Powell Says No US CBDC Under His Watch
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's in charge.
Published on: February 11, 2025 | Source:Solana ETF Applications Reach Next Stage in SEC Review
The regulator could reach a decision at the end of a 21 day comment period.
Published on: February 11, 2025 | Source:SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
Published on: February 11, 2025 | Source:StanChart predicts new highs for Bitcoin in February as US treasury yields stabilize
Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In an internal note shared with CryptoSlate, Kendrick highlighted that the 10-year US Treasury yield has struggled to break above 4.50%, a [โฆ] The post StanChart predicts new highs for Bitcoin...
Published on: February 11, 2025 | Source:Ether Poised for a Rebound to $3K From Oversold Levels: Analysts
Recovery from oversold momentum indicator, the upcoming Pectra upgrade and Wednesday's CPI report are among the catalysts that could fuel an ETH rally,, a 10x Research report noted.
Published on: February 11, 2025 | Source:Former Supreme Court Star Has Bail Revoked as Feds Uncover Crypto Trail
Federal prosecutors claimed that he posed an "urgent risk of flight," given his connections to "wealthy individuals."
Published on: February 11, 2025 | Source:Powell guarantees no CBDC as long as he leads the Federal Reserve
Federal Reserve Chair Jerome Powell confirmed that the US will never have a central bank digital currency (CBDC) while he leads the central bank. Powell made the statement on Feb. 11 while speaking at the โSemiannual Monetary Policy Report to Congress.โ His comments were in response to Senator Bernie Morenoโsconcerns that the US could โlook [โฆ] The post Powell guarantees no CBDC as long as he leads the Federal Reserve...
Published on: February 11, 2025 | Source:Fed's Powell Says He's Also Worried About Debanking That Strained U.S. Crypto
As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says such tales are a worry he'll address.
Published on: February 11, 2025 | Source:Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin
The BTC purchase is part of Gumiโs broader expansion into the blockchain sector, which includes acquiring and managing โhigh-quality tokens.โ
Published on: February 11, 2025 | Source:Robinhood's Q4 Report Could Help Preview Coinbase Results
Analysts are expecting overall crypto revenue at Robinhood to have soared to $345.5 million from $63.9 million in the previous quarter.
Published on: February 11, 2025 | Source:Uniswap Launches Ethereum L2 Unichain, Calling It 'Fastest Chain in the Industry'
โWeโre here to make DeFi faster, cheaper, more decentralized," said Uniswap Labs founder and CEO Hayden Adams.
Published on: February 11, 2025 | Source:โMy Big Coinโ founder ordered to pay $7.6M for crypto fraud scheme
The US District Court for the District of Massachusetts has ordered โMy Big Coinโ founder Randall Crater to pay $7.6 million to victims of the fraud scheme.
Published on: February 11, 2025 | Source:DOGE Boss Elon Musk Changes Name on X, Sends Solana Meme Coins Flying
Elon Musk changed his X name to Harry Bลlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.
Published on: February 11, 2025 | Source:There's a New Documentary About Bitcoin Inventor Satoshi Nakamoto
It's a "surreal quest to uncover a potential plot by a group of Silicon Valley power brokers to undermine democracy," said its executive producer.
Published on: February 11, 2025 | Source:Fold Launches Bitcoin Rewards Credit Card
Foldโs Bitcoin Rewards Credit Card is the latest addition to the companyโs suite of Bitcoin-focused financial products.
Published on: February 11, 2025 | Source:Crypto VCs are โespecially bullishโ on DePIN, RWAs โ HashKey partner
Crypto and blockchain venture capital deals are forecast to reach $18 billion this year, according to PitchBook.
Published on: February 11, 2025 | Source:CARโs wild memecoin ride from $600M to $35M, explained
The Central African Republicโs presidential CAR memecoin promised unity and development โ but then came phishing links, AI scrutiny and a market cap collapse.
Published on: February 11, 2025 | Source:Cryptoโs โDeFAIโ sector is down 80% โ Can it come back up?
DeFAI โ a nascent sector of crypto combining DeFi with AI โ has shed billions from its January high, but founders say the utility of their products is only getting better.
Published on: February 11, 2025 | Source:SEC invokes crypto task force to request delay in enforcement cases
The language the SEC used to request a delay in a crypto enforcement case โ similar to that in a Binance filing โ suggested the agency would be following suit in other courtrooms.
Published on: February 11, 2025 | Source:Gemini joins Europeโs crypto race with Maltaโs regulatory approval
Gemini has secured in-principle approval from Maltaโs financial regulator for an investment firm license, marking a significant step in its European expansion, according to a Feb. 11 statement shared with CryptoSlate. This Malta Financial Services Authority (MFSA) approval moves the exchange closer to offering regulated crypto services across the European Economic Area (EEA). European expansion [โฆ] The post Gemini...
Published on: February 11, 2025 | Source:Binance denies asset sell-off rumors, attributes changes to internal treasury management
Binance has dismissed speculation that it is offloading its assets, attributing recent balance sheet adjustments to internal treasury management rather than liquidations. On Feb. 11, the exchange clarified to CryptoSlate that it had not engaged in asset sales. Instead, the on-chain adjustments were part of an internal accounting process. The firmโs spokesperson said: โBinance is [โฆ] The post Binance denies asset...
Published on: February 11, 2025 | Source:Solana โwill be a trillion-dollar assetโ: Mert Mumtaz, X Hall of Flame
Helius Labs CEO Mert Mumtaz firmly believes Solana will hit $500 within five years and become a โtrillion-dollar assetโ: X Hall of Flame.
Published on: February 11, 2025 | Source:Bitcoin all-time high due in '2-3 weeks' as traders see BTC copying gold
Bitcoin may be flagging on short timeframes, but there is plenty of belief in BTC price discovery returning as gold surges.
Published on: February 11, 2025 | Source:TON connects to Tetherโs USDt ecosystem with LayerZero integration
TONโs integration with LayerZero plays a key role in connecting the TON network to the ecosystem of Tetherโs USDt stablecoin.
Published on: February 11, 2025 | Source:Lido v3 debuts institutional staking upgrade as US awaits staked ETH ETF
Institutional interest in staking has grown since November 2024, when Trumpโs victory ignited hopes for the first staked Ether ETF.
Published on: February 11, 2025 | Source:Institutional players shape the future of DeFi
A balance must be struck between decentralization and security.
Published on: February 11, 2025 | Source:Lido Goes Modular With Vault-Based 'V3' Upgrade
Lido V3 introduces stVaults, a customizable staking system designed for institutions and more complex investment strategies.
Published on: February 11, 2025 | Source:Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says
Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.
Published on: February 11, 2025 | Source: