US regulators warn banks against direct transactions in cryptocurrencies, not a complete banking ban – Trendy Blogger

US regulators warn banks against direct transactions in cryptocurrencies, not a complete banking ban

 – Trendy Blogger

The US banking regulator instructed banks in 2022 and 2023 to stop directly participating in cryptocurrencies, but did not order them to stop providing banking services to cryptocurrency companies, according to documents released on Friday. The Federal Deposit Insurance Corporation (FDIC) unveiled supervisory “pause letters” following a lawsuit filed by History Associates Incorporated, a research … Read more

The price of Bitcoin has surpassed $100,000, marking a milestone in the history of cryptocurrencies – Trendy Blogger

The price of Bitcoin has surpassed 0,000, marking a milestone in the history of cryptocurrencies

 – Trendy Blogger

Bitcoin jumped above $100,000 for the first time on Thursday, a feat hailed by even skeptics as a coming of age for cryptocurrencies as investors bet on a friendly US administration to boost cryptocurrencies’ standing in financial markets. The total value of the cryptocurrency market has nearly doubled in the year to date to reach … Read more

Bitcoin breaks $81,000 as Trump election turbo-charges cryptocurrencies – Trendy Blogger

Bitcoin breaks ,000 as Trump election turbo-charges cryptocurrencies

 – Trendy Blogger

Physical representations of the cryptocurrency Bitcoin are shown in this illustration taken on October 24, 2023. — Reuters The world’s largest cryptocurrency has more than doubled from its lowest level of the year at $38,505. Cryptocurrency investors see an end to increased scrutiny under US securities More than $119 million was spent supporting pro-crypto congressional … Read more