Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut
Key Takeaways Bitcoin and S&P500 both increased following the Fed's rate cut. The crypto market cap increased by over 3%...
Bitcoin
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw...
Inflation in Verify? Fed Cuts Interest Rates for First Time in Four Years
The Federal Reserve lowered its benchmark interest rate by 50 basis points Wednesday, kicking off its long-anticipated easing cycle with...
SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities...
Bitcoin ETFs Boosted by $186.76M; Grayscale’s Ether Fund Struggles
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw...
Nigerian Think Tank, Japanese Tech Firm Partner on Blockchain Research
The Nigerian Institute of Social and Economic Research (NISER) partnered with Soramitsu, a Japanese tech firm, to improve NISER’s research...
Spot Buying Drives BTC Rally as Market Awaits Fed Rate Minimize: Bitfinex
While bitcoin (BTC) faces local resistance levels, the crypto asset is experiencing a rally driven by aggressive spot market activity....
Capstone Technology Gets $5.4M for GAYA Blockchain Project
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain...
The Reason BlackRock Has Backed Crypto for Nearly a Decade
Robbie Mitchnick, Head of Digital Assets at BlackRock, shared insights into the firm’s crypto strategy. BlackRock has been developing its...
Qatar Financial Centre Activates Digital Assets Lab
Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed...
Polymarket traders see 99% chance of rate cuts this week
Key Takeaways Expected rate cuts could drive Bitcoin prices higher as investors seek riskier assets. Share this article Polymarket traders...
Bitcoin Critic Elizabeth Warren Urges Fed Chair to Make Massive Rate Cut
Senator Elizabeth Warren is pushing the Federal Reserve to lower interest rates dramatically this week, with the outspoken crypto critic...
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital...
Ethereum’s Battle Continues: Coinshares Reports Outflows Persist as Market Recovers
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital...
Coinbase Dispels Bitcoin IOU and cbBTC Rumors
Coinbase has addressed recent rumors that it was issuing Bitcoin IOUs to BlackRock for its spot exchange-traded fund (ETF) product....
Bitcoin’s Correlation With Gold Turns Negative as Market Slips Into Bear Part: CryptoQuant
The price of bitcoin (BTC) has entered a bearish phase, stemming from the asset’s constant decline and range-bound movement. As...
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with...
Bitcoin Dominance Grows! Top Altcoins Primed For Growth Next AltSeason!
The crypto market has successfully regained momentum, with the Bitcoin price reclaiming the $60k mark. With this, the dominance of...
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The...
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is...
5 US States Settle With GSB Group Over Unregistered Crypto Sales
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of...
Positive Bitcoin Sentiment Surges to Yearly Highs: Here’s Why That’s Bad for BTC
Over the past two to three days, positive sentiment across the Bitcoin market suddenly surged to a level not seen...
