On a pivotal day for cryptocurrencies, the Federal Reserve’s much-anticipated interest rate verdict captured the spotlight. Jerome Powell’s remarks, scheduled for 30 minutes post-announcement, added extra anticipation to the day’s events. As is customary with Federal Reserve gatherings, the decision’s intricacies and anticipated repercussions on digital currencies were examined with meticulous attention. What Was the … Read more
Key Takeaways Governor Katie Hobbs signed a bill creating a Bitcoin and Digital Assets Reserve Fund in Arizona. The reserve fund will oversee digital assets, preventing Bitcoin from being used for general fund transfers. Arizona Governor Katie Hobbs has signed House Bill 2749 into law, establishing a Bitcoin and Digital Assets Reserve Fund, making the … Read more
Key Insights: Trump-linked TRUMP memecoin under Senate probe for alleged insider deals. Lawmakers eye foreign ties, citing Justin Sun’s top $TRUMP holdings. Senate demands records on $350M earned amid “Dinner with Trump” surge. A Permanent Subcommittee on Investigations is reviewing President Donald Trump’s cryptocurrency project amid allegations of corruption and foreign involvement. The inquiry centers … Read more
Robert Kiyosaki ignites bullish momentum for bitcoin, declaring it the ultimate shield against looming market collapse, runaway inflation, and relentless fiat debasement by central banks. Kiyosaki Doubles Down on Bitcoin as Fed Prints Fake Money and Inflation Accelerates Robert Kiyosaki, author of the best-selling personal finance classic Rich Dad Poor Dad, has weighed in once … Read more
Hong Kong Monetary Authority intervenes with $9.4 billion to defend the HKD peg to the U.S. dollar. Bitcoin rises 3%, reaching $97K, as risk conditions ease and sentiment improves. New Hampshire creates the first state-level Bitcoin reserve, allowing up to 5% of public funds in crypto. Tuesday, the Hong Kong Monetary Authority (HKMA) intervened in … Read more
The US Federal Reserve’s recent decision to maintain its interest rate complicates the outlook for crypto investors amidst shifting economic signals. Market participants are now closely monitoring upcoming inflation data and employment figures, crucial indicators for potential future rate adjustments. “Uncertainty about the economic outlook has increased further,” noted Fed officials, emphasizing the transitional economic … Read more
Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6 that he “wouldn’t mind” a pardon and that his lawyers have already … Read more
Fantasy elements have started shaping more than just books and shows; they’re now reshaping the way people engage with crypto. While Solana is known for its fast transactions and Monero focuses on secure privacy, Dragoin has added a different flavor to the scene. Blending medieval mythology with engaging Play-to-Earn features, Dragoin offers a game-like experience … Read more
As the two nuclear nations – India and Pakistan – engaged in a military confrontation on Tuesday, Solana-based token under the name of ‘Operation Sindoor’ has started floating in the market, as investors seek to ride the momentum. These tokens have been majorly circulating on decentralized exchanges and trading up 24% with trading volumes of … Read more
Congress faces mounting pressure to pass landmark crypto legislation as U.S. leadership in digital finance hangs in the balance. Steil Urges Swift Bipartisan Action on Digital Asset Regulation at Congressional Roundtable U.S. Representative Bryan Steil (R-WI) called for immediate bipartisan action on digital asset legislation at a joint roundtable held May 6 by the U.S. … Read more