Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation? | TheSpuzz

Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation? | TheSpuzz

Source: Bitcoinist Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward optimism.  However, despite the recent rally, critical data from Glassnode reveals that both Bitcoin capital inflows and…

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BNY Mellon Cleared For Bitcoin Custody And Institutional Crypto Services | TheSpuzz

BNY Mellon Cleared For Bitcoin Custody And Institutional Crypto Services | TheSpuzz

Source: Bitcoinist In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  Unchained first reported the announcement during a Wyoming Select Committee on Blockchain, Financial Technology,…

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Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation

Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation

Source: Bitcoinist German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action. Under the direction of the Federal Criminal Police Office (BKA) and the Frankfurt am Main Public Prosecutor’s Office, this operation emphasizes the continuous fight against financial crime in the digital world. The supposedly…

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