Banks have officially been allowed to store cryptocurrency and work with stablecoins.
The Office of the Comptroller of the Currency (OCC) issued interpretive letter 1183, confirming that banks can:
– Provide custody services for crypto assets.
– Participate in certain operations with stablecoins.
– Verify transactions on distributed ledgers.
Additionally, the OCC has removed the requirement for prior regulatory approval and revoked previous joint statements on the risks of crypto assets for the banking system. This decision opens up new opportunities for the banking sector and may accelerate institutional adoption of digital assets.
PatternsHunter
The Office of the Comptroller of the Currency (OCC) issued interpretive letter 1183, confirming that banks can:
– Provide custody services for crypto assets.
– Participate in certain operations with stablecoins.
– Verify transactions on distributed ledgers.
Additionally, the OCC has removed the requirement for prior regulatory approval and revoked previous joint statements on the risks of crypto assets for the banking system. This decision opens up new opportunities for the banking sector and may accelerate institutional adoption of digital assets.
PatternsHunter
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Seen at the summit in the White House.
The document presented by Michael Saylor to the Presidential Working Group and SEC Crypto Task Force was one of the discussion topics at the crypto summit in the White House. However, this document was not an official agenda for the roundtable but served as informational material.
It outlines the key goals for the development of digital assets:
– Building a strong foundation for the Crypto Renaissance.
– Unleashing the potential of the crypto industry to drive global economic growth.
– Restoring the U.S. as the "bankers of the world" through the revival of capitalism and property rights.
PatternsHunter
The document presented by Michael Saylor to the Presidential Working Group and SEC Crypto Task Force was one of the discussion topics at the crypto summit in the White House. However, this document was not an official agenda for the roundtable but served as informational material.
It outlines the key goals for the development of digital assets:
– Building a strong foundation for the Crypto Renaissance.
– Unleashing the potential of the crypto industry to drive global economic growth.
– Restoring the U.S. as the "bankers of the world" through the revival of capitalism and property rights.
All market participants must adhere to the principles of fair disclosure, ethical behavior, and preventing conflicts of interest.
PatternsHunter
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PatternsHunter
World Liberty Financial is buying $ETH, $WBTC, and $MOVE again. Recent transactions: – 4,468 $ETH (~$10M) at a price of $2,238. – 110.6 $WBTC (~$10M) at a price of $90,420. – 3.42M $MOVE (~$1.5M) at a price of $0.439. The new multisig wallet still holds…
Rex Shares and Osprey Funds have filed for a $MOVE ETF.
At the same time, Movement Network is launching the Public Mainnet Beta, which will have a $250M TVL from day one, thanks to the Cornucopia program.
PatternsHunter
At the same time, Movement Network is launching the Public Mainnet Beta, which will have a $250M TVL from day one, thanks to the Cornucopia program.
PatternsHunter
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The second-largest bank in Spain, BBVA, has received approval to trade $BTC and $ETH.
The approval was granted under the new European regulation Markets in Crypto-Assets (MiCA).
This move concludes BBVA's multi-year process to enter the crypto market, which was planned since 2020 but was awaiting regulatory approval.
PatternsHunter
The approval was granted under the new European regulation Markets in Crypto-Assets (MiCA).
This move concludes BBVA's multi-year process to enter the crypto market, which was planned since 2020 but was awaiting regulatory approval.
PatternsHunter
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100 limit orders for buying on spot and long with 20x leverage on $BTC.
– Wallet 0x9b28…7cA1 deposited 1.14 million $USDC on Hyperliquid for a long on $BTC with 20x leverage.
– Wallet 0x8Bff…CDC3 placed 100 limit orders to buy $BTC on spot in the range of $76,000 – $79,000, spending $4 million.
PatternsHunter
– Wallet 0x9b28…7cA1 deposited 1.14 million $USDC on Hyperliquid for a long on $BTC with 20x leverage.
– Wallet 0x8Bff…CDC3 placed 100 limit orders to buy $BTC on spot in the range of $76,000 – $79,000, spending $4 million.
PatternsHunter
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White House on the stock market:
PatternsHunter
We are in a transitional period.
Stock market indicators are just a temporary snapshot of the current situation.
PatternsHunter
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Metaplanet is buying $BTC again.
The Japanese company Metaplanet acquired 162 $BTC worth $13.5 million, increasing its holdings to 3,050 $BTC.
PatternsHunter
The Japanese company Metaplanet acquired 162 $BTC worth $13.5 million, increasing its holdings to 3,050 $BTC.
PatternsHunter
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If history is cyclical, then this is a signal from CZ.
March 2021 – $BTC $55K, the market is in an uptrend.
April 2021 – new ATH $64,800, hype surrounding Coinbase’s IPO, $ETH shows strength due to the growth of DeFi and NFTs.
May 2021 – sharp drop to $30K.
“Bloody Wednesday,” China’s mining ban, Musk withdrew $BTC payments for Tesla.
Summer 2021 – $BTC trades in the $30K–$40K range, many believe the bull market is over.
August - November 2021 – Bitcoin breaks $40K, then $50K, the market comes alive, $BTC reaches an ATH of $68,744, $ETH hits ATH of $4,800, peak of the bull market.
December 2021 – bear market, the beginning of $BTC’s decline.
PatternsHunter
March 2021 – $BTC $55K, the market is in an uptrend.
April 2021 – new ATH $64,800, hype surrounding Coinbase’s IPO, $ETH shows strength due to the growth of DeFi and NFTs.
May 2021 – sharp drop to $30K.
“Bloody Wednesday,” China’s mining ban, Musk withdrew $BTC payments for Tesla.
Summer 2021 – $BTC trades in the $30K–$40K range, many believe the bull market is over.
August - November 2021 – Bitcoin breaks $40K, then $50K, the market comes alive, $BTC reaches an ATH of $68,744, $ETH hits ATH of $4,800, peak of the bull market.
December 2021 – bear market, the beginning of $BTC’s decline.
PatternsHunter
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U.S. CPI index: +2.8% year-on-year (forecast was +2.9%).
Core CPI index: +3.1% year-on-year (forecast was +3.2%).
P.S. Inflation down, BTC up.
PatternsHunter
Core CPI index: +3.1% year-on-year (forecast was +3.2%).
P.S. Inflation down, BTC up.
PatternsHunter
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MGX from Abu Dhabi invests $2 billion in Binance.
Fund Management Limited (MGX), the state investment company of Abu Dhabi specializing in artificial intelligence technologies, has invested $2 billion in Binance.
Founded in 2024, MGX aims to manage assets worth $100 billion by investing in promising AI startups and infrastructure.
PatternsHunter
Fund Management Limited (MGX), the state investment company of Abu Dhabi specializing in artificial intelligence technologies, has invested $2 billion in Binance.
Founded in 2024, MGX aims to manage assets worth $100 billion by investing in promising AI startups and infrastructure.
PatternsHunter
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Trump:
PatternsHunter
– I will respond to the retaliatory tariffs from the EU.
– There will be very little flexibility in the tariffs.
– I have the right to adjust the tariffs.
– April 2 will be an important day.
– I plan to reduce taxes if the Democrats behave well.
– The deficit remains huge, but we will balance the situation.
– Tax policy should prevent other countries from taking over businesses.
PatternsHunter
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The trader-insider is back in the game.
A major player who longed $ETH with 50x leverage yesterday has returned.
– Deposited $1.5M on HyperLiquid, opened a long on $ETH (25x) and a short on $BTC (20x).
Source: hypurrscan.io/address/0xf3F4…
PatternsHunter
A major player who longed $ETH with 50x leverage yesterday has returned.
– Deposited $1.5M on HyperLiquid, opened a long on $ETH (25x) and a short on $BTC (20x).
Source: hypurrscan.io/address/0xf3F4…
PatternsHunter
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The SEC is considering the possibility of recognizing $XRP as a commodity, not a security.
– Ethereum was issued through an ICO, just like $XRP, but the SEC recognized $ETH as a commodity and filed a lawsuit against Ripple.
– Now, the commission is trying to determine whether $XRP can officially be classified as $ETH from a regulatory standpoint.
PatternsHunter
– Ethereum was issued through an ICO, just like $XRP, but the SEC recognized $ETH as a commodity and filed a lawsuit against Ripple.
– Now, the commission is trying to determine whether $XRP can officially be classified as $ETH from a regulatory standpoint.
PatternsHunter
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A large short position on $SOL.
The trader deposited 3M $USDC on HyperLiquid and opened a short position on $SOL with 10x leverage.
Address:
hypurrscan.io/address/0xFa5D…
PatternsHunter
The trader deposited 3M $USDC on HyperLiquid and opened a short position on $SOL with 10x leverage.
Address:
hypurrscan.io/address/0xFa5D…
PatternsHunter
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BlackRock continues to buy $BTC.
BlackRock has just received $25M in $BTC through Coinbase Prime, increasing its Bitcoin holdings to $47.47 billion.
PatternsHunter
BlackRock has just received $25M in $BTC through Coinbase Prime, increasing its Bitcoin holdings to $47.47 billion.
PatternsHunter
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The SEC supports $XRP.
The Securities and Exchange Commission stated that $XRP is capable of facilitating financial transactions at the government level, as well as improving the government payment system and interbank liquidity.
PatternsHunter
The Securities and Exchange Commission stated that $XRP is capable of facilitating financial transactions at the government level, as well as improving the government payment system and interbank liquidity.
PatternsHunter
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Volumes on BSC have surged.
In the last 24 hours, trading volume on BSC DEX platforms reached $1.637B, surpassing Solana and taking the top spot.
PatternsHunter
In the last 24 hours, trading volume on BSC DEX platforms reached $1.637B, surpassing Solana and taking the top spot.
PatternsHunter
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The number of public companies buying $BTC has increased 2.5 times.
Currently, 80 public companies hold $BTC on their balance sheet, while two years ago there were only 33.
PatternsHunter
Currently, 80 public companies hold $BTC on their balance sheet, while two years ago there were only 33.
PatternsHunter
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Media is too big
VIEW IN TELEGRAM
Saylor: $BTC is approved by the U.S. president and ready for a breakout.
PatternsHunter
– Bitcoin is the only asset approved by the U.S. president in the 21st century.
– $80,000 is the historical entry point. All risks have been eliminated.
– $BTC will break out with double the strength.
PatternsHunter
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