Day: February 4, 2025

Coinbase calls for Fed, FDIC, and OCC to remove regulatory roadblocks for crypto banking

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Key Takeaways Coinbase is urging US banking regulators to enable banks to offer crypto custody and trading services. Coinbase seeks confirmation that state-chartered banks can provide and outsource crypto services under current laws. Share this article Coinbase is calling on US banking regulators to revise their stance on crypto services, pushing for changes that would allow banks to provide crypto custody, trading services, and partnerships with digital asset companies, Bloomberg reported Tuesday. The crypto exchange recently sent a letter to the Office of the Comptroller of the Currency (OCC), Federal…

ADA Bullish Momentum Fades As Bears Reclaim Control At $0.8119

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Cardano’s (ADA) bullish momentum is losing steam as bearish pressure mounts, forcing the price to retreat from the critical $0.8119 level. After a promising attempt to push higher, ADA bulls are now struggling to maintain control, with sellers stepping in to reclaim dominance.  The recent rejection of this key resistance suggests that downward pressure is building, raising concerns about whether the altcoin can hold its ground or slip further. With technical indicators hinting at growing weakness, the focus now is on the next support zones to determine if a deeper…