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Bitcoin sinks to $66,000, U.S. stocks lose steam as Fed minutes mention possible rate hike

Bitcoin has dropped to $66,000 amid a broader decline in U.S. stocks, following the release of Federal Reserve minutes that suggested a potential interest rate hike. The market reacted negatively to the possibility of tighter monetary policy, which could impact investor sentiment. This downturn in cryptocurrency and equities reflects growing concerns over inflation and economic stability. Analysts are closely monitoring the Fed's next moves, as they could influence market trends in the coming months.

Read the full article: CoinDesk

Morning Minute: The Banks Are Coming for Crypto Custody

Major banks are increasingly entering the cryptocurrency custody space, recognizing the growing demand for secure storage solutions among institutional investors. Firms like BNY Mellon and JPMorgan are expanding their services to include crypto asset management, aiming to provide clients with more comprehensive financial services. This shift indicates a significant institutional

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Visa and Bridge are expanding their stablecoin-linked card services to over 100 countries, aiming to enhance digital payment options. This initiative will allow users to make transactions using stablecoins, which are cryptocurrencies pegged to traditional currencies. The expansion is part of Visa's broader strategy to integrate cryptocurrencies into

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Ondo Finance's tokenized stocks platform has received regulatory approval from the Abu Dhabi Global Market (ADGM). This approval allows Ondo to offer its services in the UAE, marking a significant step in the integration of traditional finance with blockchain technology. The platform enables users to trade tokenized versions

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis

Iranian cryptocurrency exchange outflows surged to $10.3 million following recent airstrikes in the region, according to Chainalysis. The spike in outflows indicates a potential shift in investor behavior amid escalating tensions. This increase represents a significant rise compared to previous weeks, highlighting concerns over economic stability and the desire

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Morning Minute: The Banks Are Coming for Crypto Custody

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis