US Inflation ‘Nightmare’ Remains Sticky as January Price Hikes Unsettle Markets

Fresh economic indicators from the U.S. Bureau of Labor Statistics reveal persistent inflationary pressures, with January’s pricing trends for household staples and essential services climbing 0.5% above December’s figures. Something Has Got to Give—Stubborn Inflation and Record-Low Reverse Repo This incremental yet stubborn rise reflects the ongoing challenge of cooling price elevations across foundational consumer … Read more

Galoy Launches Bitcoin-Backed Loan Software, Sets Groundwork For Open-Source Banking

Founder: Nicolas Burtey Date Founded: September 2019 Location of Headquarters: United States Number of Employees: 11 Website: https://www.galoy.io/ Public or Private? Private Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer … Read more

Tether Partners with ZenGo to Make Stablecoins More Accessible

Tether invests in ZenGo Wallet to enhance security and accessibility for stablecoin transactions, expanding global adoption. ZenGo Wallet’s MPC technology removes private key risks, aligning with Tether’s goal of a safer and user-friendly crypto ecosystem. Tether, a major player in the stablecoin space, has made a strategic investment in ZenGo Wallet, a self-custodial crypto wallet … Read more

Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets

Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.55% over the past … Read more

Bitpanda Expands Crypto Services In UK After FCA Nod: Best Crypto To Buy In 2025

On 12 February 2025, Bitpanda announced securing UK Financial Conduct Authority (FCA) approval to operate in the UK. Commenting on the development, Eric Demuth, CEO and Co-Founder of Bitpanda said, “Being Europe’s leading crypto platform means being in the UK – there was no question about it. This was the last missing piece to truly … Read more