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Kraken has cleared a regulatory hurdle that crypto firms have chased for years: direct access to the Federal Reserve’s core payments infrastructure.On March 4, the exchange said its Wyoming-chartered bank, Kraken Financial, has been granted a Federal Reserve master account, allowing it to settle US dollar payments directly over Fed rails instead of routing transfers through sponsor banks.The US Fed confirmed that the crypto firm’s bank was granted approval as a Tier 3 entity with a limited-purpose account authorized for an initial one-year term.This approval gives the digital-asset industry a practical example of what more direct access to the US…

Digital asset infrastructure firm Zero Hash has applied for a national trust bank charter with the Office of the Comptroller of the Currency, seeking approval to expand its role in digital asset custody and settlement services. The Chicago-based firm, which operates under the brand Zerohash, provides crypto infrastructure for banks, brokerages and fintech platforms.  Clients listed on its website include prediction markets platform Kalshi and asset manager BlackRock. According to a report from Bloomberg, the proposed national trust bank would provide custody for digital assets, fiat currency and other assets. The entity would also offer custodial staking, transfer agent services…

In brief Senator Chris Murphy has alleged people with White House access placed six-figure predictions market bets the day before the U.S. struck Iran. Blockchain analytics firm Bubblemaps previously identified six accounts that collectively made $1.2 million betting on U.S. strikes on Iran, with no prior trading history. Murphy said he plans to introduce legislation banning “destabilizing prediction markets.” A series of unusually timed prediction market bets placed just hours before U.S. strikes on Iran has triggered fresh accusations of insider profiteering, with Senator Chris Murphy (D-CT) warning that individuals with advance knowledge of military decisions may have made money…

Analyst EGRAG says only a weekly close above a certain level would flip XRP’s long-running descending channel bullish. XRP is attempting to push above the 200 EMA and the $1.55 level, a move that market analyst EGRAG CRYPTO says would signal short-term strength if confirmed with a weekly close. Despite the attempted rally, the token remains trapped inside a descending channel that has defined its price action for months, leaving the broader trend corrective until a breakout above $2.20 flips the structure bullish. XRP Tests 200 EMA In a post published on X on March 4, EGRAG CRYPTO said XRP…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has remained under sustained pressure as it struggles to reclaim the $1.50 level, reflecting a broader slowdown in market participation across several major altcoins. In recent weeks, price action has lacked momentum, with rebounds proving short-lived as liquidity conditions remain fragile and investor activity continues to decline. While macro uncertainty and shifting capital flows have weighed on the wider crypto market, on-chain metrics suggest that XRP is also facing a structural contraction in trading activity. A recent CryptoQuant report highlights this trend through the XRP Binance…

Crypto venture capital giant Andreessen Horowitz is doubling down on crypto despite a major market downturn, seeking $2 billion for a new crypto fund.A16z Crypto, the blockchain arm of venture capital firm Andreessen Horowitz, is raising a fifth crypto-focused fund, with plans to close by mid-2026, Fortune reported on Wednesday, citing anonymous sources.The latest round is significantly smaller than its previous $4.5 billion fund from 2022, but the company has shifted to a shorter fundraising cycle to remain flexible to ever-changing crypto narratives. The move comes amid a crypto bear market that has seen more than $2 trillion wiped from total…

Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill. Governor Mike Braun signed House Bill 1042 into law on Tuesday, after it passed the legislature last Thursday. The legislation requires Indiana’s state public retirement and savings plans to offer self-brokerage accounts with at least one crypto investment option by July 2027.According to the bill’s description, this requirement applies to the legislators’ defined contribution plan, the Hoosier START plan, certain public employees’ retirement funds, and specified teachers’ retirement fund plans. Indiana Governor Mike…

A former Los Angeles Police Department officer has reportedly been convicted of kidnapping a 17-year-old and stealing $350,000 worth of crypto in a 2024 home invasion.A Los Angeles County Superior Court jury found Eric Halem guilty of kidnapping and robbery on Monday after a two-week trial, the Los Angeles Times reported.The court was told that Halem and three other men posed as police carrying out a search warrant on an apartment rented by the teenager, who reportedly had earned a significant amount of crypto.Prosecutors said the teenager, who testified under his first name, Daniel, gave up a hard drive containing…

Ted Hisokawa Mar 04, 2026 00:58 Nvidia’s Q4 fiscal 2026 earnings beat expectations with record revenue from AI data centers, driving semiconductor ETF momentum. What traders need to know. Nvidia just posted another record quarter, and the semiconductor sector is riding the wave. The chipmaker’s Q4 fiscal 2026 results, reported February 25, showed AI data center demand continuing to outpace even bullish expectations, with management guiding higher for the coming quarters.NVDA shares responded by climbing roughly 3% in the sessions following the report, pushing the stock to approximately $180 and the company’s market cap north of $4.4 trillion as of…

The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday.The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024, reported Channel News Asia on Wednesday.Japan’s stock markets also saw heavy losses on Wednesday, with the Nikkei and Topix both down almost 4%. Meanwhile, Hong Kong’s Hang Seng Index was down 3%, and China’s Shanghai Composite had dropped 1.3%, according to Google Finance.“Investors sold down risk…