Posts published on May 8, 2025 go to media archive 3/3

US banks can handle customer crypto assets held in custody, regulator confirms

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7…

Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?

According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset’s price. This uptick in profit-taking mirrors investor behavior typically seen during the late…

Texas House committee passes Bitcoin reserve bill for full floor vote

A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency…

Binance’s BNB Could Hit $2,775 By 2028, Predicts Standard Chartered

Standard Chartered has initiated formal coverage of Binance’s exchange token, BNB, and set out one of the industry’s most detailed long-term trajectories for the asset. In a research note shared with The Block, Geoffrey Kendrick, the bank’s globalâ€

Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand

Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting…

Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates

Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, shared on…

Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break

Bitcoin is finally showing signs of strength as it attempts to push above the $98,000 level, signaling a potential end to months of volatility and selling pressure. For the first time in weeks, bulls appear firmly in control, reclaiming momentum…

Binance founder CZ asked Trump to pardon money laundering conviction

Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one.Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6…