Category Archive: Cryptocurrency, No picture
Powell says Fed does not need to ‘be in a hurry’ to lower rates
Key Takeaways Federal Reserve Chair Jerome Powell emphasized a careful approach to lowering interest rates. The Fed will maintain its current interest rates, focusing on economic strength and inflation control. Share this article Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to cut interest rates given the economy’s strength, emphasizing […]
Pennsylvania House moves to establish Bitcoin as a strategic reserve asset
Key Takeaways The Pennsylvania House introduced legislation to allocate up to 10% of state funds into Bitcoin. Similar Bitcoin legislation is being considered in 10 other states, influenced by the Satoshi Action Fund. Share this article Pennsylvania lawmakers have introduced the Pennsylvania Bitcoin Strategic Reserve Act, a bill that would allow the state treasury to […]
Tether launches tokenization platform Hadron for real-world assets
Key Takeaways Tether launched Hadron to allow tokenization of physical and digital assets with compliance tools. The platform supports assets like equities, real estate, and stablecoins globally in beta. Share this article Tether, the leading stablecoin issuer, has introduced Hadron, a new platform enabling users to tokenize physical and digital assets across multiple categories, including […]
Bitcoin could reach $180,000 this cycle, says VanEck head of crypto research
Key Takeaways Bitcoin is predicted to reach $180,000 within the next year, representing a 1,000% return from the cycle’s bottom. Pro-crypto Trump administration appointments and growing institutional interest are factors supporting Bitcoin’s bullish trend. Share this article Matthew Sigel, VanEck’s head of digital assets research, forecasts that Bitcoin could soar to $180,000 this cycle, which […]
Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption
Key Takeaways World Liberty Financial has chosen Chainlink for onchain data and cross-chain connectivity on Ethereum. WLFI aims to democratize financial access using US stablecoins and its governance managed by its WLFI token. Share this article World Liberty Financial (WLFI), a project backed by Donald Trump and his sons, has teamed up with Chainlink to […]
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
Key Takeaways ZKsync’s Ignite program will distribute 325 million ZK tokens to establish a DeFi liquidity hub. The initiative aims to boost ZKsync Era’s declining metrics by enhancing DeFi liquidity. Share this article The ZKsync community has approved the ZKsync Ignite Program, which will distribute 325 million ZK tokens to establish a DeFi liquidity hub […]
DeFi Technologies launches CoreFi, a MicroStrategy-inspired model for leveraged Bitcoin gains
Key Takeaways CoreFi Strategy provides regulated, leveraged exposure to Bitcoin and BTCfi through the Core blockchain. Following the paths of MicroStrategy and MetaPlanet, CoreFi Strategy aims to amplify returns by accumulating Bitcoin and CORE assets. Share this article DeFi Technologies has announced CoreFi Strategy, a new publicly traded company offering regulated access to Core’s BTCfi […]
FBI seizes Polymarket CEO’s phone following Trump election prediction
Key Takeaways Federal agents seized electronics from Polymarket CEO Shayne Coplan’s residence after the platform predicted Trump’s election win. The seizure might be politically motivated, despite no official reason being provided for the raid. Share this article Federal agents seized electronic devices from Polymarket CEO Shayne Coplan’s Soho residence early Wednesday morning, a week after […]
Elon Musk defends Dogecoin’s inflationary model
Key Takeaways Elon Musk supports Dogecoin’s inflationary model, stating it’s a feature. Dogecoin’s market value has exceeded Ford, Adidas, and Roblox. Share this article Elon Musk defended Dogecoin’s inflationary model, stating that its flat inflation is “a feature, not a bug.” His comment came as a response to a recent tweet from Shibetoshi Nakamoto, also […]
BlackRock’s Bitcoin ETF joins top 1% of ETFs by size, hits $40 billion milestone in record time
Key Takeaways BlackRock’s Bitcoin ETF reached $40 billion in assets in just 211 days, setting a new speed record. IBIT is now larger than all ETFs launched in the past decade, ranking in the top 1% by size. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) has amassed $40 billion in assets under management just […]
