An analysis says crypto firms may not fully escape political pressure or supervisory risks even if they obtain a U.S. federal trust bank charter. The charter can strengthen legal standing for custody while bringing firms into direct oversight by the Office of the Comptroller of the Currency. The article contrasts interpretations of Silvergate’s liquidation and notes conditional approvals for several trust bank moves. It adds that regulators retain control through approval conditions and revised supervisory rules.

Bitcoin may be moving away from its traditional four-year halving-led cycle toward a Wall Street-style 6 to 8-year rhythm, an analysis said. Analyst Willy Woo said institutional money and macro liquidity are increasingly shaping prices, making bitcoin closer to traditional short-term debt cycles. He said the halving impact is weakening as new supply shrinks, while institutional holdings now exceed miners’ annual output many times over, potentially shifting future turning points.