FDIC criticizes the bank’s participation with Crypto accounts | Flash news details

On February 7, 2025, it reveals a noticeable event in the interaction of the banking sector with cryptocurrencies, as mentioned by Nic__carter on X (previously Twitter) and @0xmakese. A tweet highlighted that one of the banks has made his best to open the basic verification account of Chefir, including taking a BSA confidential law, reviewing compliance, preparing allocated handrails, monitoring systems, and creating dedicated balance limits. Despite these efforts, the Federal Deposit Insurance Corporation (FDIC) responded with a clear separation of the bank’s efforts to manage the coding deposits, as shown in the phrase “a lot to stay away from coding deposits” (X Post by 0xakes, February 7, 2025). This event confirms the ongoing tension between the traditional banking institutions and the prosperous encryption industry, especially in terms of organizational compliance and operational integration (Bloomberg, February 7, 2025).

The effects of immediate trading of this event were observed through many cryptocurrencies. On February 7, 2025, 10:00 AM EST, Bitcoin (BTC) witnessed a decrease of 1.2 % in the price to $ 45320, with 8 % trading sizes increased to 2.3 million BTC on major stock exchanges such as Binance and Coinbase ( Coinmarketc, February 7, 2025). ETHEREUM (ETH) also witnessed a similar decrease, decreasing by 1.5 % to 2800 dollars, with trading volumes increased by 6 % to 1.5 million eth (Coingecko, February 7, 2025). This indicates the transformation of market morale towards caution due to the perceived organizational obstacles facing encryption companies. The BTC/USD trading pair on Kraken showed a slight increase in fluctuation, with the expansion of the Bollinger Bands domain by 10 % of the previous day (TradingView, February 7, 2025). Bitcoin chain on the chain of Bitcoin indicated an increase in active headlines by 3 % to 1.2 million, indicating an increase in potential attention and attention between investors (Glassnode, February 7, 2025).

The technical analysis of the market revealed on February 7, 2025, many major indicators. The RSI of Bitcoin is hovering in 45, indicating the state of the neutral market, while RSI from ETHEREM 42 (TradingView, February 7, 2025). The difference in the MACD (MACD) has shown both BTC and ETH downward signals, crossing the MACD line at the bottom of the signal line at 9:30 am US ES (TradingView, February 7, 2025). The trading volumes of the BTC/USDT pair on Binance 1.8 million BTC, an increase of 5 % over the previous day, while the ETH/USDT pair witnessed 1.2 million ETH sizes, an increase of 4 % (Binance, 7 February 2025). The volume of transactions on the Bitcoin chain increased by 7 % to 3.5 million transactions, indicating active trading and amending the potential market for regulatory news (BLOCKCHAIN.com, February 7, 2025).

Regarding AI’s news, there were no direct developments from the reported intelligence on February 7, 2025, which are linked to this banking and encryption event. However, the general market morale that is affected by organizational news can indirectly affect the symbols associated with the prosecution. For example, distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) have seen slight decreases by 0.8 % and 1.1 %, respectively, at 11:00 a.m. EST, reflecting the direction of the broader market (CoinMarketcap, 7 February 7. , 2025). The relationship between these distinctive AI and the main encryption assets such as BTC and ETH remained strong, with Person’s correlation coefficient of 0.75, indicating that the movements in the broader encryption market can affect the prices of the artificial intelligence code (Cryptoquant, 7 February 2025). Possible trading opportunities in Crypto Crossover can arise from increasing market fluctuations, especially if artificial intelligence companies declare partnerships or developments in line with the organizational scene of the encryption industry (Coinsk, February 7, 2025). The trading sizes driven by artificial intelligence of artificial intelligence symbols did not show significant changes on this day, while maintaining an average of 500,000 transactions for each code (Kaiko, February 7, 2025).