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FDIC acting chair says no crypto firms or tokens are backed by agency

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Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto “of any kind.”

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Coin Market

Did Bitcoin bottom at $92K? These 3 BTC charts say the worst is over

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Bitcoin price is chasing $95,000 after showing modest gains today as several onchain BTC metrics are hinting at signs of a potential bottom.

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Coin Market

CFPB proposes crypto firms refund users for funds lost to hacks

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A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”

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Coin Market

Bitcoin price drops 1.5% on Fed rate cut gloom as $88K remains in play

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Bitcoin ends a run of 14 consecutive green candles as markets price out the odds of further interest rate cuts in 2025.

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