Here is what happened yesterday in the crypto market:
Bitcoin Decouples From Nasdaq Amid Tariff Fears
Bitcoin is showing signs of decoupling from the Nasdaq as stock prices decline due to tariff concerns. This divergence suggests that Bitcoin may be establishing its own market dynamics, less influenced by traditional stock market movements. Read more
SEC Clarifies Stablecoin Regulations
The U.S. SEC staff clarified that most crypto stablecoins aren’t securities. This provides regulatory clarity, potentially boosting confidence in stablecoins and their issuers within the crypto sector. Read more
OKX Fined $1.2M for AML Breaches in Malta
OKX’s Europe company was fined $1.2 million by Malta’s financial watchdog for breaching anti-money laundering rules. This highlights the increasing regulatory scrutiny on crypto exchanges and the importance of compliance. Read more
Stablecoin Supply Surges Amid Market Volatility
Stablecoin supply has surged by $30 billion in Q1 2025 as investors seek to hedge against market volatility caused by tariff fears. This increase reflects a growing demand for stable assets within the crypto ecosystem during uncertain times. Read more
Coinbase Institutional Eyes XRP Futures
Coinbase Institutional is close to offering XRP futures, signaling potential growth and institutional interest in XRP. The move could provide more sophisticated trading options for institutional investors in the crypto market. Read more