Cryptocurrency

Cryptocurrency

In a major regulatory win for the cryptocurrency sector, the Office of the Comptroller of the Currency (OCC) has granted conditional approval for Circle Internet Group ( ) and Ripple to establish new national trust banks. The OCC also conditionally approved Paxos, BitGo, and Fidelity Digital Assets to convert their existing state trust licenses into national charters. These five approvals mark a significant step toward integrating digital asset firms into the federal banking system.

The Cumulative Value Days Destroyed (CVDD) metric has historically called Bitcoin price cycle lows almost to perfection across every cycle since Bitcoin's inception. This metric begins with Coin Days Destroyed, a measure that weights Bitcoin transfers by the duration they were held before movement. For example, holding 1 Bitcoin for 100 days produces 100 coin days destroyed when transferred, while holding 0.1 Bitcoin for the same result requires 1,000 days of holding.

A shower of dollar bills, the image of Donald Trump, and a voice in the background similar to the president's asking: Do you want to be a billionaire? That's the start to the one-minute trailer introducing the Trump Billionaires Club, a 3D game set in New York that allows users to deposit and spend $TRUMP, the presidential memecoin, to acquire properties and build business empires.

In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, framed the current era as a "historical phase" for the global economy, noting the rapid changes reshaping finance worldwide. Bitcoin is no longer merely a "digital asset," Shamsi emphasized, but is now recognized as a "key pillar" in modern financing. Central to this evolution is the role of mining, described as the "beating heart" that underpins network strength, security, and continuity.

Cowen called the potential removal "capricious" but emphasized that investors should prepare for sustained selling pressure. The analysts note that Strategy is not a fund, trust, or holding company. Instead, it is a public operating company. Its $500 million software business generates all of its revenue. Meanwhile, its Bitcoin treasury operations are innovative and active, offering unique Bitcoin-backed securities. "Removing Strategy from broad indexes simply because of its Bitcoin focus feels arbitrary," the analysts wrote.