BlackRock increases its stake in Strategy (formerly MicroStrategy) to 5%, signaling growing institutional confidence in Bitcoin-focused companies. Learn more about the impact on MSTR stock and institutional crypto adoption.  Institutional Confidence in Bitcoin-Heavy Firm Grows  BlackRock, the world’s largest asset manager, has increased its stake in Strategy (formerly MicroStrategy) to 5%, according to a recent…
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The FDIC has released 175 documents detailing its oversight of crypto banking, signaling a shift toward transparency and regulatory reform. Learn how this move impacts financial institutions and the future of blockchain integration.  Transparency Effort Addresses Concerns Over Crypto Banking Policies  The Federal Deposit Insurance Corporation (FDIC) has released 175 documents detailing its oversight of…
Canadian businessman Firoz Patel sentenced to 41 months in U.S. federal prison for obstruction after concealing 450 bitcoins from the court. Authorities uncovered his attempts to hide assets and impersonate an attorney to evade prosecution.  A Canadian businessman, Firoz Patel, has been sentenced to 41 months in U.S. federal prison after pleading guilty to obstruction…
Deribit will exit Russia due to EU sanctions, restricting Russian accounts to “reduce-only” mode from Feb. 17 and closing all positions by March 29. Withdrawals will remain open.  Russian Accounts to Be Restricted on Deribit Starting Feb. 17  Deribit, a leading cryptocurrency derivatives exchange, has announced it will cease operations in Russia due to European…
Russia's new crypto mining law requires miners to report earnings by the 20th of the following month. Learn about the key changes in Russia's mining regulations.  Overview of New Law  Russia has introduced stricter regulations for cryptocurrency miners, requiring them to report their earnings to the Federal Tax Service (FNS) by the 20th day of…
Peter Schiff criticizes the Federal Reserve’s 2025 stress tests, warning they fail to account for the threat of stagflation and could lead to a financial catastrophe.  Economist Peter Schiff has issued a stark warning regarding the Federal Reserve’s 2025 stress tests, suggesting that the tests fail to account for a key risk that could cause…
 A 13f filing revealed that PNC Bank, the 8th largest bank in the United States has invested over $67 million into Bitcoin Exchange Traded Funds.   PNC, a commercial bank with over $325 billion in Assets under management, filed a 13f document to the United States Securities and Exchange Commission revealing its Bitcoin Position for the…
 The Hong Kong Investment Promotion Agency for the first time, recognized Bitcoin and Ethereum as viable proof of Assets. The Agency endorsed an applicant who showed his Bitcoin and Ethereum assets as proof of funds eligible for immigration.  Hong Kong accountant Xiao Yaohe revealed the historic development stating that a client with Ethereum worth 30…
Binance Research reveals mixed signals in the crypto industry, highlighting policy shifts, Solana's rise, and the impact of memecoin mania in January 2025.  Binance Research Highlights Market Dynamics in the Crypto Industry in January 2025  Binance Research has released its Market Insights report for January 2025, revealing mixed signals within the cryptocurrency market. The $3.76…
The SEC is restructuring its crypto enforcement team, reassigning key personnel, and signaling a shift toward more crypto-friendly policies under the new administration.  Regulatory Overhaul Signals Pro-Crypto Direction  The U.S. Securities and Exchange Commission (SEC) is undergoing a major restructuring, marking a potential shift in its stance toward cryptocurrency regulation. Under new Republican leadership, key…
