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BNB, the fifth-largest crypto by market cap, is currently trading hands at around $630, up nearly 5% on the day.
The Federal Reserve joins national banking regulators OCC and FDIC in ending reputational risk examinations for banks.
CRCL traded as high as $298 on Monday, which pushed its market cap over $77 billion — higher than the market caps for both USDC and COIN.
The Truth Social parent company previously disclosed a Bitcoin treasury scheme funded by a $2.3 billion private placement offering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paris-based internet-of-things firm Sequans plans to raise $385 million via private placements to fund a BTC acquisition strategy.
Crypto markets continue oscillating amid geopolitical tension and bullish long-term catalysts supporting demand.
Canaan will now allocate resources to bolstering its bitcoin mining machine sales, self-mining operations, and consumer mining products businesses.
"Coinbase is positioning itself at the center of crypto’s next regulatory and structural evolution," says Benchmark's Mark Palmer.
The firm will invest in decentralized infrastructure, middleware, and consumer applications at the intersection of blockchain and AI.