The crypto market is down today after the US Federal Reserve Chair Jerome Powell shared more hawkish remarks than expected. The Fed announced a 25-basis-point rate cut, and it signaled fewer rate reductions in 2025 than projected. Commenting on Strategic…
Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday. The Arkansas Republican was named to the role Thursday by the party’s Steering Committee, which named the leaders of the various…
Ethereum, valued at $468 billion, traded within an intraday range of $3,851 to $3,957.89 on Dec. 14, 2024, reflecting a 20.2% drop from its peak of $4,878.2 on Nov. 10, 2021. The daily chart reflects ethereum’s ongoing consolidation, with a…
Activist investor Starboard Value has made a large investment in bitcoin miner Riot Platforms (RIOT) and is pushing for changes in the company’s business model, The Wall Street Journal reported, citing people familiar with the matter. Starboard has been pushing…
Discussions surrounding crypto-drainers, malicious software designed to drain cryptocurrency wallets, have surged by 135% on dark web forums. Discussions related to crypto-drainers on the dark web rose from 55 threads in 2022 to 129 threads in 2024, according to a…
Solaxy ($SOLX) is a brand new crypto project aiming to build the world’s first Solana Layer-2 network. It’s a potentially critical solution to Solana problems like network congestion and failed transactions. So, it’s no surprise that Solaxy has already raised…
In the past hour, bitcoin has settled into a cozy spot, bobbing gently between $101,536 and $101,747. Over the last day, it’s danced from $99,939 to a peak of $102,658, with a whopping $74.15 billion in trades shuffling around and…
Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first time, and the market capitalization briefly surpassed $2 trillion. According…
In late November, CoinDesk, a leading crypto publication, published a story spotlighting blockchain billionaire Justin Sun’s latest headline-grabbing antics. The article detailed how Sun consumed the $6.2 million banana he had purchased at a Sotheby’s auction. The banana was originally…
The crypto market is up today amid expectations for crypto-friendly policies in the US, the US Federal Reserve rate cuts, the European Central Bank (ECB) lowering its key interest rates, and the People’s Bank of China cutting its benchmark one-year…