Anthony Clarke

2 weeks ago | 99bitcoins.com | Anthony Clarke

Treasury Secretary Scott Bessent is making headlines with a bold claim. He says U.S. investors could end up holding a whopping $2 trillion in crypto. His prediction landed right as Bitcoin pushed past $110,000, lighting up a market that’s been searching for direction. Bessent’s $2 trillion crypto prediction means he thinks more Americans will start putting real money into crypto over time. Bessent Sees a Bigger PictureBessent’s forecast isn’t just a number he pulled out of thin air.

2 weeks ago | 99bitcoins.com | Anthony Clarke

Ethereum exchange-traded funds are in a profound moment. They’ve pulled in fresh capital for seven straight weeks, with nearly $300 million added to Ethereum ETF in the last week. That brings the total to around $1.5 billion in under two months. It’s the longest run of inflows Ethereum ETFs have seen since 2020, and the momentum doesn’t seem to be slowing down. Much of the recent Ethereum ETF inflows is coming from Europe, where crypto regulations are more clearly defined.

3 weeks ago | 99bitcoins.com | Anthony Clarke

JPMorgan is finally giving Bitcoin a bit more credit, literally. The banking giant has started allowing select clients to use spot Bitcoin ETFs as collateral for loans. The Bitcoin ETF loan program is designed for high-net-worth individuals and institutions looking for flexible credit solutions. This move doesn’t mean JPMorgan is suddenly holding Bitcoin or becoming a crypto-first institution.

4 weeks ago | 99bitcoins.com | Anthony Clarke

In a move that feels like the end of an era, the Securities and Exchange Commission has officially dropped its lawsuit against Binance and founder Changpeng Zhao. The Binance lawsuit was one of the last major battles left from the government’s earlier crackdown on crypto, and now it’s over. Just like that. How We Got HereBack in 2023, the SEC came out swinging.

2 months ago | 99bitcoins.com | Anthony Clarke

In a surprise twist that’s got crypto watchers buzzing, the U.S. Federal Reserve just scrapped its prior rules that forced banks to jump through extra hoops before touching anything crypto-related. Up until now, banks had to get special permission from the Fed before engaging in any digital asset or stablecoin activity. That’s no longer the case. This shift brings the Fed in line with the FDIC and the OCC, both of which already dropped similar rules earlier this year.