Brazil’s central bank bans stablecoin and crypto settlements in cross-border payments
Brazil’s central bank has banned electronic foreign exchange (EFX) providers from using stablecoins, Bitcoin or other cryptocurrencies to settle foreign remittances. BCB Resolution No. 561, published on April 30, updates…
Clarity Act text lets crypto firms offer stablecoin rewards while protecting bank yields
Stablecoin yields will be banned under a newly released agreement addressing a controversial part of the crypto market structure law that is broadly similar to what has been discussed since…
US senators will ignore prediction market bets after self-imposed sanctions
A US Senate that is struggling to advance crypto market structure legislation moved like lightning on Thursday to ban itself from participating in prediction markets. Acting on a simple, 14-line…
Arthur Hayes Says Hyperliquid’s HYPE Token Could Be Its Prediction Market Weapon
According to Arthur Hayes, co-founder of Bitmex exchange and CIO of Maelstrom Fund, the pressure in the prediction markets of leading decentralized exchange HyperLiquid is about who catches the upside,…
Canada proposes to ban BTC ATMs as fraud cases increase
Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for…
BTC is under pressure after three members of the Bank of Japan (BOJ) called for a rate hike
The Bank of Japan (BOJ) monetary policy decision on Tuesday has raised expectations that borrowing costs will rise by the end of the second quarter. The Yen is loving it,…
crypto week ahead
The market is coming out of April with a lot of major events. The four major central banks, the Bank of Japan, the US Federal Reserve, the European Central Bank…
Litecoin’s 13-block reorg was not a zero-day, GitHub commit history shows otherwise
Reorganization of 13-block chain continues LTC$56.31 About 32 minutes of network activity resumed late Friday night and Saturday after attackers exploited a vulnerability in its MimbleWimble Extension Block (MWEB) protocol.…
Ripple-linked XRP stalls near $1.44 as ‘triangle squeeze’ nears breakout
XRP is stuck just below resistance, but price action is starting to tilt sideways. Each push higher is sold, but each pullback is becoming lower. This suggests that sellers are…
Derivatives signal calm momentum, cautious sentiment as BTC price holds steady near $77,500
Crypto volatility calmed down on Friday with Bitcoin btc$77,667.29 Stuck between $77,500 and $78,500 since midnight UTC. Price action softened after a failed breakout attempt near $80,000 on Wednesday, although…