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 FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers. What to know: • The Federal Deposit Insurance Corp. has issued a new crypto policy that scraps previous guidance calling for banks to get the regulator's sign-off before engaging in any new crypto activity. • The new stance comes closely on the heels of a similar move from a fellow U.S. banking agency, the Office of the Comptroller of the Currency. • Regulators tapped by President Donald Trump have been rapidly reversing years of crypto hesitancy in the U.S. government.   The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited for approvals that nev...
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 The global crypto market cap has moved up to $2.77 trillion from last week’s $2.73 trillion. According to CryptoSlam data, NFT sales volume has fallen to $100.9 million, marking a 5.34% decline from the previous week. Despite the sales drop, market participation metrics show strong growth in both buyers and sellers. The weekly metrics reveal: • NFT sales volume fell to $100.9 million from $99.1 million • NFT buyers climbed 70.97% to 350,146 • NFT sellers rose 68.57% to 225,465 • NFT transactions increased 16.90% to 1,696,996 Bitoin NFT sales affected the most Ethereum  ETH1.51%Ethereum NFT sales continued to struggle with a 13.03% drop to $27.7 million. However, buyer numbers grew 42.17% to 44,850. As per the data, wash trading decreased 6.53% to $2.8 million. Bitcoin  BTC0.4%Bitcoin faced an even steeper decline of 30.69% to $16.3 million, though it maintained second place overall. The network saw buyer participation rise 63.67% to 31,251. Mythos Chain moved in ...
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(3)   Crypto Daybook Americas: Tariff Cut Lifts Bitcoin as Market Readies for Further Gains Your day-ahead look for May 12, 2025 By  Jamie Crawley ,  James Van Straten ,  Omkar Godbole ,  Shaurya Malwa |Edited by  Sheldon Reback May 12, 2025, 7:15   a.m. Progress in U.S.-China trade talks lifted bitcoin over $105,000 for a while. (Ben Bryant /Shutterstock)Read More What to know: You are viewing Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will arrive in your inbox at 7 a.m. ET to kickstart your morning with comprehensive insights. If you're not already subscribed, click  here . You won't want to start your day without it. By James Van Straten (All times ET unless indicated otherwise) Tariff developments remain at the forefront of global economic news, with bitcoin ( BTC ) surging past $105,000 for a while follow...
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