Ex Silvergate officer says regulatory pressure forced bank shutdown

Former Silvergate Bank chief risk officer Kate Fraher has publicly challenged the circumstances surrounding her 2024 settlement with the U.S. Securities and Exchange Commission, arguing that regulators never proved the banks anti-money laundering controls had failed.Former Silvergate executive Kate Fraher said she settled with the SEC to avoid a lengthy court fight and denied that regulators proved the banks AML controls had failed.Fraher linked Silvergates closure to regulatory pressure on crypto banking rather than the deposit run that followed FTXs collapse.The comments came days after the SEC ended its decades-old rule barring settling defendants from publicly denying enforcement allegations.  In comments published Wednesday, Fraher said she agreed to settle with the SEC to avoid what she described as a “multi-year battle” with the regulator after the agency accused Silvergate executives of misleading investors about the banks Bank Secrecy Act and anti-money laundering compliance procedures tied to crypto clients such as FTX.  Her remarks came days after the SEC, under Chair Paul Atkins, rescinded its long-standing “no deny” settlement policy, which for decades prevented defendants from publicly disputing the agencys allegations after reaching settlements.  The regulator announced Monday that it would no longer enforce the rule, first adopted in 1972, saying the policy had

05-22

Is Grayscale Quietly Accumulating Hyperliquid? Arkham Flags $10M HYPE

The address, 0x61…4318, currently holds 176,050 HYPE, valued at about $9.84 million. It also transferred 149,100 HYPE, worth roughly $7.49 million, to the Hyperliquid System Address.  Arkham Flags Suspected Grayscale Wallet With $10M HYPE  According to Arkham, the suspected Grayscale-linked address built its position through exchanges or OTC desks, including Wintermute, FalconX, Coinbase, and Flowdesk.  That route has made the activity stand out from typical retail buying. Basically, large exchange-linked and OTC flows are often closely tracked, as they can indicate concentrated positioning by major market participants.  The timing has also drawn attention, given that Grayscale is already pursuing a regulated investment product tied to the asset. A March SEC filing showed that the Grayscale HYPE ETF was formed as a Delaware statutory trust.  The filing described the product as a vehicle designed to hold HYPE, the native asset of the Hyperliquid Network. That link has made the wallet activity more closely watched by traders and on-chain analysts.  HYPE Jumps 14% as Accumulation Fuels $50 Breakout  The HYPE token rallied sharply as on-chain accumulation increased, pushing above the psychological $50 level. Its move extended the broader recovery trend seen in recent sessions. At press time, HYPE was trading near $57.10 after rising more than 14% in 24

05-22

BNB Price Prediction: $700 Break or $620 Collapse Within 10 Days

The Immediate Setup  BNB is trading in no mans land at $651, caught between conflicting signals that have traders second-guessing every move. The token managed a modest 1.18% bounce in the last 24 hours, but this feels more like dead cat behavior than genuine bullish momentum. With the RSI parked at 53 and MACD histogram flatlining at zero, momentum has completely stalled out. The market is basically holding its breath, waiting for someone to make the first aggressive move.  What‘s particularly telling is how BNB is hugging its short-term moving averages – trading just below the 7-day SMA at $651.81 while sitting above the 20-day at $649. This tight compression usually precedes explosive moves in either direction, and with daily volatility running at $17.65, we’re primed for a significant breakout within days.  Key Levels Exposed  The technical setup screams compression before expansion. BNB is trapped in a narrow band between immediate resistance at $658 and support at $643, but the real battle lines are drawn much wider. Blockchain.news technical analysis reveals the critical resistance cluster sits at $664-$684, where the upper Bollinger Band meets strong historical rejection zones.  Below, the 50-day moving average at $630 represents the line in the sand for bulls. A clean

05-22

Ethereum Price Prediction: Bulls Defend Support as $10K Target Returns

Ethereum is bouncing from the 0.5 Fibonacci level and the lower line of its rising channel, keeping the $2,561 target in focus. However, the larger setup still depends on ETH holding $1,750, breaking its descending trendline, and reclaiming higher resistance before any $10,000 move gains strength.  Ethereum Price Bounces From 0.5 Fib as $2,561 Target Comes Into Focus  Ethereum is bouncing from the 0.5 Fibonacci level near $2,088 on the daily chart shared by Sky on X, keeping the short-term recovery setup active.  The ETH/USD chart shows price trading near $2,138 after reacting from the lower trendline of an ascending channel. This area also matches the 0.5 Fib level, which makes it an important support zone.  ETH/USD Daily Channel Chart․ Source:  The structure looks like a rising channel, or possible bull flag, after Ethereums sharp February drop and later recovery. ETH has now tested the lower boundary of that channel and held it.  If buyers continue defending this zone, the next major level is $2,561, which marks the 0.618 Fibonacci level. Sky also highlighted this area as the next important target.  However, Ethereum still needs follow-through. A bounce from support is useful, but ETH must move back above the recent range near $2,280-$2,360 to confirm stronger momentum.  A

05-22

Stablecoins still dominate despite yield advantage of tokenized funds: JPMorgan

Tokenized money market funds still make up only around 5% of the stablecoin universe despite their ability to generate yield, Wall Street bank JPMorgan said in a Wednesday report.  The bank said crypto market participants continue to favor stablecoins because they have become the ecosystems default cash instrument for trading, collateral management, settlement, cross-border payments and liquidity management across centralized exchanges (CEX) and decentralized finance (DeFi) protocols.  According to the report, money market funds face a “structural regulatory disadvantage” because they are classified as securities, subjecting them to registration, disclosure, reporting and transfer restrictions that limit their ability to circulate freely within the crypto ecosystem.  “We doubt that tokenized money market funds would grow beyond 10%-15% or so of the stablecoin universe, unless there is a regulatory change that reduces the structural disadvantage arising from tokenized money market funds classified as securities,” wrote analysts led by Nikolaos Panigirtzoglou.  As a result, the banks analysts said demand for tokenized money market funds is largely confined to crypto-native investors seeking yield on idle cash and institutional investors looking to combine blockchain-based settlement and programmability with traditional investor protections.  Advocates of tokenized money market funds say the products combine the safety and yield of traditional cash-management vehicles with

05-22

Analyst: Ethereum Facing Silent Crisis, Hit by 55% Drawdown With No Dip Buyers

A negative Coinbase Premium Index suggests that US-based institutional buyers have been largely absent from the market.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  Ethereum (ETH) has lost more than half its peak value in nine months, and the buyers who normally step in to cushion the fall are nowhere to be found.  According to on-chain analyst Easy On Chain, the current situation is particularly uncomfortable not just because of the price drop itself, but also due

05-22

Gold price recovers as US-Iran draft deal undermines Oil and USD

Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.  Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a countrys solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.  Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar

05-22

IG Group Expands European Crypto Trading Through Bitpanda

IG plans to expand crypto trading across Europe through a partnership with Bitpanda.Bitpanda will provide liquidity market data and trading infrastructure for IG Europe.IG reported £2.4 million in crypto revenue during the first quarter of 2026.  London-listed trading platform IG Group is preparing to expand its cryptocurrency trading services across Europe through a partnership with Bitpanda. The move follows IGs launch of spot crypto trading for retail customers in the United Kingdom last year.  Under the contract, IG Europe will use Bitpandas infrastructure to support crypto trading operations for European clients. The services covered under the agreement include liquidity provision, trading connectivity, and market data access.  The expansion comes as traditional financial firms continue increasing their involvement in digital asset markets through regulated partnerships and infrastructure offerings.  IG Reports Revenue Growth as Crypto Offering Expands  IG reported revenue of 331.2 million pounds ($445 million) for the first quarter of 2026 earlier this week. According to the company, spot cryptocurrency trading generated 2.4 million pounds ($3.2 million) during the period.  Founded in the early 1970s, IG remains one of Europes largest retail trading platforms. The company provides trading access across equities, foreign exchange, commodities, and derivatives markets. It currently serves approximately 1.3 million clients globally.  Bitpanda Continues European

05-22

DoubleZero Price Breaks Out of Bullish Structure — Can 2Z Rally Another 30%?

The post DoubleZero Price Breaks Out of Bullish Structure — Can 2Z Rally Another 30%? appeared first on Coinpedia Fintech News  DoubleZero is witnessing a strong bullish breakout after weeks of gradual accumulation within a rising parallel channel. The latest daily candle has pushed the price above the upper trendline resistance with a sharp increase in volume, suggesting bullish momentum is accelerating. The 2Z price has surged by 21.65%, reaching $0.11 with a huge increase in the trading volume of over 470%.  The breakout comes as broader interest in infrastructure-focused crypto projects continues to rise while traders increasingly position themselves for a continuation move toward higher resistance zones.  The daily chart of DoubleZero price highlights the token trading within a well-defined ascenidng parallel channel. After a prolonged downtrend from the November highs, DoubleZero entered a consolidation phase during February and March before forming a steady ascending channel. The asset respected both the upper and lower boundaries multiple times, validating the structure.  The latest candle has now broken above the channel resistance with a significant spike in volume, which often signals trend continuation rather than a temporary relief rally. The Supertrend indicator has flipped bullish and currently sits near the $0.084 region, acting as dynamic

05-22

Bitcoin Exchanges Bithumb and Coinone Announce Theyve Added This Altcoin to Their Delisting Watch List! Here Are the Details

Bithumb and Coinone, two leading cryptocurrency exchanges in South Korea, announced that they have added Map Protocols native token, MAPO, to their delisting watchlist. The exchanges stated that the decision was made due to security concerns.  Both platforms announced that a security breach had been detected in the wallet infrastructure to which MAPO is connected, or in the distributed ledger system where the token is issued and stored. According to the statements, while it is believed that the incident may be related to a cyberattack or hack, the source of the incident has not yet been fully confirmed, and it is not clear whether the security vulnerability has been completely fixed.  Exchanges stated that they have placed MAPO under investment alert to protect the security of user assets and have requested a detailed explanation from the project team regarding the incident. It was noted that the token‘s trading status will be re-evaluated during the review process. Following technical and operational reviews, MAPO’s trading support may be completely removed or its current status may be maintained.  Cryptocurrency exchanges occasionally add certain assets to their delisting watchlist, particularly due to security breaches, low transparency, or issues with project operations. During this process, the projects technical

05-22
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