Markets are holding their breath ahead of the Federal Reserve’s FOMC decision today. Crypto is no exception. Bitcoin and Ethereum have already started to twitch upwards, reflecting the broader tension across risk assets. With rate cuts still off the table, crypto investors are unanimously asking: WTF is this traitorous guy Fed Chair Jerome Powell doing?!? … Read more
Bitcoin holders have established a sideways pattern in the last two weeks. Recent trades have shown institutional and retail holders increasing selling pressure, hinting at a stronger profit-taking stance. Analysts maintain confidence in the bull cycle, citing the drop below previous psychological levels as reasons for the sideways trading. Whales Offload 50,000 BTC On-chain data … Read more
Crypto.com announced plans Wednesday to establish a North America regional office in Washington, D.C., signaling a strategic push to deepen engagement with U.S. policymakers. New Crypto.com Office Near White House Signals Industry’s Regulatory Focus The new office, located near the White House, will focus on public and government affairs for the company’s U.S. operations. Matt … Read more
Get ready for potentially cheaper transactions on one of the busiest blockchains! Changpeng Zhao, widely known as CZ, the former CEO of Binance, recently stirred excitement in the crypto community with a simple yet impactful suggestion regarding BSC gas fees. Taking to the social media platform X, CZ posed a question to users: should the … Read more
New Hampshire’s Governor signed the bill HB 302 into law, permitting the state to invest in digital assets as well as other valuable metals. With this measure, New Hampshire becomes the first state to pass such a bill into law, while many of the US states are still struggling with this. New Hampshire has hit … Read more
Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation. According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures arm.” Furthermore, while the company does not explain fully what it entails, it refers … Read more
Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% … Read more
On May 7th, emerging data highlights the ongoing criticism from former President Trump directed towards the Federal Reserve. In recent months, Trump has publicly lambasted Fed Chair Powell over a dozen times, advocating for a significant interest rate cut. His discontent first surfaced in January when he suggested that Powell’s monetary policies were misguided, asserting … Read more
Japanese firm Metaplanet has acquired 555 Bitcoin worth approximately ¥7.6 billion ($53.5 million), bringing its total holdings to 5,555 BTC as the price continues its rally above $97,000. Following the purchase, Metaplanet announced plans to issue an additional ¥3.6 billion ($25 million) in zero-coupon bonds to EVO FUND for further Bitcoin acquisitions. The company now … Read more
In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community. At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female … Read more