Grosscrypto News

US Treasury’s Scott Bessent backpedals: Bitcoin buying still possible

 US Treasury’s Scott Bessent backpedals: Bitcoin buying still possible  - Latest Cryptocurrency News

US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.

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Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

 Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war  - Latest Cryptocurrency News

Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.

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Citigroup weighs crypto custody as ETFs, stablecoins gain momentum

 Citigroup weighs crypto custody as ETFs, stablecoins gain momentum  - Latest Cryptocurrency News

Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.

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FBI warns of ‘fictitious law firms‘ targeting crypto scam victims

 FBI warns of ‘fictitious law firms‘ targeting crypto scam victims  - Latest Cryptocurrency News

The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.

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Perplexity AI eyes $20B valuation in new funding round after Chrome bid

 Perplexity AI eyes $20B valuation in new funding round after Chrome bid  - Latest Cryptocurrency News

The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion.

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Bitcoin’s all-time high gains vanished hours later: Here’s why

 Bitcoin’s all-time high gains vanished hours later: Here’s why  - Latest Cryptocurrency News

Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs.

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US Treasury’s OFAC sanctions crypto exchange Garantex for second time

 US Treasury’s OFAC sanctions crypto exchange Garantex for second time  - Latest Cryptocurrency News

The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.

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Coinbase seals Deribit acquisition in 6th deal of 2025

 Coinbase seals Deribit acquisition in 6th deal of 2025  - Latest Cryptocurrency News

The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients.

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Bitpanda launches in UK, sets two-year growth target

 Bitpanda launches in UK, sets two-year growth target  - Latest Cryptocurrency News

Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation.

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Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto

 Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto  - Latest Cryptocurrency News

Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders.

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