Here is what happened yesterday in the crypto market:
Fintech and Crypto Firms Seek Bank Charters Under Trump
Fintech and crypto companies are increasingly seeking bank charters, anticipating a more favorable regulatory environment under the Trump administration. This move aims to facilitate business expansion within the evolving digital asset landscape.
Read more
Coinbase Well-Positioned Amid Regulatory Tailwinds
Bernstein analysts suggest Coinbase (COIN) stands to gain significantly as the regulatory environment for crypto improves in the U.S… They initiated Coinbase at outperform, expecting the industry to enter the financial mainstream.
Read more
Microsoft Warns of Malware Targeting Crypto Wallets
Microsoft has issued a warning regarding a new malware strain that targets multiple popular cryptocurrency wallets extensions on Google Chrome. Users should exercise caution to protect their digital assets.
Read more
Xapo Bank Introduces Bitcoin-Backed Loans
Xapo Bank is now offering Bitcoin-backed loans up to $1 million to its members. This offering aims to provide liquidity to long-term Bitcoin holders, marking a revival in crypto lending.
Read more
Institutions Plan to Increase Crypto Allocations
A recent survey by Coinbase and EY-Parthenon indicates that 83% of institutional investors intend to increase their cryptocurrency allocations in 2025, reflecting growing confidence in the digital asset class.
Read more