Federal Reserve moves toward narrower, crypto-driven take on master accounts

The U.S. Federal Reserve took a first step toward establishing a more limited version of its so-called master accounts, welcoming input on how the central bank might formulate “payment accounts” that would grant access to its payment rails without firms having to jump through the considerable hoops that would grant fuller services. The Fed said … Read more

Polkadot’s DOT holds steady with token unchanged over 24 hours

DOT$1.8119 was unchanged over the last 24 hours, with the token trading at $1.85. The token’s trading volume was 55% above 30-day averages, as smart money flows into DOT accelerated during the session, according to CoinDesk Research’s technical analysis model. DOT tracked broader crypto momentum rather than token-specific catalysts. The broader market gauge, the CoinDesk … Read more

Crypto Industry Reacts To US Sen. Lummis Stepping Down

The crypto industry has rallied in support of pro-crypto US Senator Cynthia Lummis after she announced she will not seek reelection in 2026.  Lummis, who is a vocal advocate for digital assets, played a significant role in US crypto policy discussions over the past few years and earned widespread respect across the crypto industry. Venture … Read more

Foundation behind restaking protocol EigenLayer plans bigger rewards for active users

The foundation behind restaking protocol EigenLayer has proposed a governance change to introduce new incentives for the EIGEN token, focusing on productive network activity and fee generation. Under the plan outlined in a recent blog post, a cornerstone of the proposal is the introduction of a fee model that channels revenue from Actively Validated Services … Read more

Bitcoin price could hit $143,000 in a year, Citi says, citing ETF and regulatory tailwinds

Amid the recent bearish price action, the headline on Citigroup’s 12-month outlook for bitcoin BTC$88,086.15 of $143,000 — or about 62% upside from the current $88,000 — will raise some eyebrows. “We forecast increased adoption of digital assets, spurred by potential U.S. digital-asset legislation in the second quarter, with bitcoin likely ranging into the new … Read more

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former CEO Sam Bankman-Fried continues his federal prison sentence on his … Read more

FCA consultations signal new market rules ahead of 2027

The U.K.’s long-promised crypto regulatory regime edged closer to reality this week, as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in Britain. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to take effect in October 2027. For policymakers, the … Read more