US

US

Markets

U.S. job losses at 17-year high raise positive signals for bitcoin bulls

Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.

Graphic showing the word "Layoffs" (geralt/Pixabay)

Markets

U.S. dollar strength and volatility surge as markets nervously await U.S. open

While Fed chair speculation drives uncertainty across equities, rates, and crypto.

DXY Index (TradingView)

Finance

Nomura's Laser Digital applies for U.S. national trust bank to offer crypto custody

The proposed bank would offer cryptocurrency custody, spot trading and staking services under direct federal regulatory supervision.

Nomura's name on an exhibition stand.

Finance

Revolut drops U.S. bank merger plan to seek standalone license: FT

The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Finance

Southern Utah man sentenced to 3 years in prison for crypto-linked wire fraud scheme

Federal prosecutors said Brian Garry Sewell defrauded investors of nearly $3 million and ran an unlicensed cash-to-crypto business that moved more than $5 million.

Salt Lake City skyline (Photo by Tanner Crockett on Unsplash)

Markets

New Polymarket bettor places $40,000 on U.S. striking Iran tonight

One trader went against the current trend of low chances for a strike tonight by placing the new $40,000 bet.

Three U.S. fighter jets in the air

Finance

Citadel Securities Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage

A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.

Securities and Exchange Commission logo (CoinDesk)

Policy

U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets

Fintech and crypto groups are urging the Consumer Financial Protection Bureau to stop banks charging for consumer data access, saying the move would undermine open banking and disconnect crypto wallets and stablecoins from the U.S. financial system.

dollar bill

Finance

Kraken Acquires U.S.-Licensed Derivatives Platform From IG for $100M

Kraken bought Small Exchange for $32.5 million in cash and $67.5 million in stock, IG announced on Thursday

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

Markets

Fed Cuts Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside

The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.

Fed Chair Jerome Powell adjusts his glasses at a press conference.