Home Blog Page 549

Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

0

Coinbase got conditional approval from the OCC for its trust, a step toward federal oversight for its offerings to replace the current state by state licensing approach.

Coinbase announced on Thursday that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Coinbase National Trust Company, a non-insured national trust bank to be headquartered in New York.

The approval marks a step toward Coinbase operating as a federally regulated digital asset custodian — and the latest milestone in a sweeping regulatory shift reshaping how crypto firms interact with the U.S. banking system.

The preliminary green light requires Coinbase to build out compliance systems, hire key staff, pass regulatory reviews, and demonstrate strong risk management and anti-money-laundering controls before it can secure a full charter.

A national trust bank charter gives Coinbase a single federal regulator — the OCC — in place of the patchwork of state money transmitter licenses it currently holds, allowing it to offer custody, safekeeping, and related digital asset services in a fiduciary capacity as a qualified custodian under SEC regulations.

In yesterday’s blog post, the largest U.S. centralized exchange noted that it does not plan to become a commercial bank:

“Coinbase is not becoming a commercial bank. We will not be taking retail deposits. We will not be engaging in fractional reserve banking.”

Looking ahead, Coinbase’s chief legal officer told CNBC that the company plans to explore payment infrastructure products alongside its custody business, with an eye on expanding stablecoin use — particularly USDC — as a mainstream global payment method.

Coinbase joins a crowded field of crypto firms racing to secure federal charters under the OCC’s current leadership.

Circle applied for its own national trust bank license — to be called First National Digital Currency Bank — and received conditional approval in December 2025. Crypto.com similarly secured conditional OCC approval for its Foris Dax National Trust Bank in February.

The trend has not gone uncontested: the Bank Policy Institute, whose members include JPMorgan, Goldman Sachs, and Bank of America, is reportedly weighing a lawsuit against the OCC over what it sees as an uneven regulatory playing field.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

What next as Ripple-linked XRP rises to $1.33 but fails to break out

0

XRP is grinding higher, but not breaking out. The token is sitting around $1.33 after a modest move up, with higher volume coming in — yet price still isn’t escaping its range. That usually means positioning is building, not conviction.

News Background

  • XRP rose just over 1% to $1.33 with volume about 23% above its weekly average
  • Price moved almost in lockstep with the broader crypto market, showing little independent strength
  • No major XRP-specific catalyst drove the session

Price Action Summary

  • XRP traded in a tight range, holding above $1.30 while struggling near $1.33
  • Buyers stepped in on dips, creating higher lows
  • Breakout attempts toward $1.33-$1.34 were repeatedly sold into
  • Late-session price action stabilized without follow-through

Technical Analysis

  • The key theme is correlation — XRP is moving with the market, not leading it
  • Higher volume without a breakout suggests traders are positioning, not committing
  • Structure is slightly constructive (higher lows), but capped by overhead supply
  • This keeps XRP stuck in a compression phase, where range tightens before expansion

What traders should watch

  • $1.34-$1.35 is the near-term ceiling — break that and momentum can build
  • $1.30 remains the floor holding the structure together
  • Until one of those levels breaks, XRP is likely to stay range-bound and reactive to broader crypto moves

The New Standard for Database Management: Visibility, Ownership, and Consistency

0

Database complexity is no longer a background concern. For many organizations, it has become a direct operational risk. As systems scale across cloud, on-premises, and managed services, gaps in oversight and coordination can lead to performance issues, delays, and costly downtime.

According to Redgate’s 2026 State of the Database Landscape report, 74% of organizations now manage multiple database platforms, with nearly a third handling four or more. At the same time, Platform-as-a-Service adoption continues to rise, with 37% favoring it over Infrastructure-as-a-Service, which is at 21%. Industry analysts such as Gartner have also pointed to increasing data fragmentation as a key challenge for enterprise IT teams. Together, these trends highlight a clear shift: database estates are expanding, but not always in a controlled or unified way.

Where Complexity Fractures Operations

Graham McMillan, CTO of Redgate Software, identifies three recurring challenges that database teams face as environments grow: consistent practices, shared visibility, and clear ownership. These issues often overlap, creating compounding inefficiencies that affect performance and team coordination.

Consistency often breaks down first. When teams manage systems across a hybrid cloud database environment, they adopt different approaches to testing, deployment, and governance. Over time, this leads to uneven standards and increased risk during routine changes. Leaders responsible for hybrid database management benefit from establishing shared processes early, creating a stable baseline that supports flexibility without introducing unnecessary variation.

Visibility presents the next challenge. Many teams still rely on fragmented approaches to SQL server monitoring and broader database monitoring. The report found that 31% depend on scripts, while 23% use home-built tools. While these approaches may solve specific problems, they rarely provide a complete operational view. Without strong database observability, it becomes difficult to track performance trends, detect issues early, or understand how changes affect interconnected systems.

Ownership is often the least defined, yet it has a direct impact on day-to-day operations. In many environments, responsibilities are split across development, operations, and data teams without clear boundaries. For example, a deployment issue may arise, but no single team is fully accountable for identifying the root cause or resolving it quickly. This ambiguity can delay response times and increase operational risk. Establishing clear ownership structures helps teams act decisively and reduces friction during critical moments.

Moving Toward a More Unified Approach

Addressing these challenges requires deliberate decisions around both process and tooling. Leaders must assess whether their current database monitoring tool supports a unified view or contributes to fragmentation.

One emerging approach is using SaaS monitoring tools. These solutions aim to centralize oversight while reducing the operational burden of maintaining monitoring infrastructure. In environments that rely on SQL Server monitoring, Azure Database monitoring, or broader SaaS monitoring, this model can help teams maintain visibility across distributed systems without adding complexity to their workflows.

Redgate’s Monitor SaaS edition is one example of this approach. It is designed to support database observability and SQL Server performance monitoring across environments, while reducing the need to deploy and manage supporting infrastructure. At the same time, organizations must weigh factors such as data governance requirements, integration with existing systems, and operational preferences when evaluating SaaS monitoring tools alongside self-managed options.

A New Standard for Leadership Decisions

For IT leaders and database managers, improving database management is less about adding tools and more about creating alignment. Shared practices reduce variability. Clear ownership strengthens accountability. Comprehensive database observability provides the insight needed to act with confidence.

As database estates continue to grow, the cost of fragmentation becomes harder to ignore. The same trends highlighted in the report, including the rise of multi-platform environments and fragmented monitoring practices, reinforce the need for a more structured approach.

Visibility, ownership, and consistency now define how effectively teams can manage modern database systems. Organizations that prioritize these areas are better positioned to reduce risk, improve performance, and operate with greater clarity across increasingly complex environments. Redgate Monitor as a SaaS edition is designed to support the journey — a strategic move toward delivering trusted, scalable database monitoring that meets teams where modern infrastructure demands it.







This Analyst Thinks Bitcoin’s 50% Crash Was A ‘Victory’

0

Nearly six months after the Oct. 10 flash crypto crash erased millions of dollars in a single day, Bitcoin remains under pressure, trading well below its recent peak. The asset reached an all-time high of $126,080 on Oct. 6, but has since fallen about 47% to roughly $67,000.

Despite the drawdown, Cathie Wood, a long-time BTC advocate and chief executive of ARK Investment Management, is urging investors to maintain a long-term perspective.

Wood, whose firm was among the first publicly listed asset managers to gain exposure to Bitcoin in 2015, has maintained an active presence in crypto-related equities. ARK Invest continues to trade shares of companies tied to the digital asset sector, including Coinbase, Robinhood Markets, Block, Circle Internet Group, Bitmine Immersion Technologies, and Bullish, adjusting positions in response to market conditions.

In an interview on CNBC’s Squawk Box, Wood addressed the current downturn, framing the magnitude of BTC’s decline as a sign of maturation rather than weakness. 

She argued that a roughly 50% drop from peak levels represents a shift from the extreme volatility seen in earlier cycles, when Bitcoin routinely experienced drawdowns of 85% to 95%.