Senate confirms pro-crypto Scott Bessent as US Treasury Secretary
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
Bitcoin price extended losses and tested the $97,650 zone. BTC is now correcting losses and might face hurdles near the $103,000 level. Bitcoin started a downside correction below the $103,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at … Read more
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost.
Scott Bessent, billionaire hedge fund manager and outspoken crypto lover, has been confirmed as the next US Treasury Secretary by the Senate on Jan. 27. The vote ended with 68 in favor and 29 opposed, giving President Donald Trump a powerful ally in executing his economic reforms, as well as crypto-friendly policies. Scott’s gonna step … Read more
Ethereum price experts are now confident of a strong rally in February. Yet, altcoin investors are joining Propichain’s ongoing crypto presale to maximize returns from its real estate investing ecosystem. Read on to see why analysts say Propichain (PCHAIN) could outshine the next Ethereum price rally. Ethereum Price Prediction for Q1 2025 Creates a Buzz … Read more
Bitcoin is poised to hit “multiple millions,” Coinbase’s CEO declared, citing surging institutional adoption, ETF inflows, and the transformative potential of clear U.S. legislation. Bitcoin to Reach Multiple Millions? Coinbase CEO Predicts Massive Growth Coinbase CEO Brian Armstrong shared his thoughts on the state of cryptocurrency during an interview with CNBC last week. He discussed … Read more
Chainlink broke support at $24 after a bearish CHoCH now testing $22 zone — key to staying above $20. The weekly inflow transaction count is down 53% despite the 103% hike in the last 24 hours. The overall crypto market is seeing decline potentially cause of the expectations around the first U.S. FOMC meeting of … Read more
The past few days on the crypto market have been anything but pleasant. Total liquidations across leveraged positions have approached the $1 billion mark, leaving bulls with the lion’s share of losses. Bitcoin, naturally at the center of attention, saw its price plunge below the critical $100,000 level amid an imbalance in perpetual futures liquidations … Read more
Recently, QCP Group noted that Bitcoin (BTC) dropped below $100,000, along with other risky assets declining, as worries about China’s Deepseek technology spread across global markets. QCP believes that BTC won’t rise without the confirmation of a Strategic Bitcoin Reserve. It noted that the Trump administration’s evaluation for a ‘national digital asset stockpile’ was not … Read more
COINOTAG News, January 28th – In a significant development within the blockchain sector, the Analog protocol has successfully concluded a $5 million funding round, attracting investments from notable entities including Gate Ventures, Foresight Ventures, Backerdao, and Black Label Ventures. This funding will bolster Analog’s mission to enhance blockchain interoperability, which is crucial for improving the … Read more