News
The U.S. Securities and Exchange Commission (SEC), under former President Trump's administration, dropped several significant crypto cases, including those against Coinbase and Ripple. These cases were pivotal in shaping the regulatory landscape for cryptocurrencies. The SEC's decision to abandon these lawsuits has raised questions about
China
Bitcoin has dropped below $71,000 as market sentiment weakens amid fading hopes for a Federal Reserve rate cut in 2026. This decline in cryptocurrency prices coincides with a downturn in stock markets, which closed at session lows. Investors are increasingly concerned about the potential for prolonged interest rate hikes,
News
The Trump White House has registered the domain Aliens.gov, sparking speculation about a potential release of UFO-related files. This move comes amid increasing public interest in unidentified aerial phenomena and government transparency regarding extraterrestrial encounters. The registration of the domain suggests that the administration may be preparing to disclose
China
Fairshake, a cryptocurrency advocacy group, faced a setback in Illinois after its attempt to secure $10 million in state funding was rejected. This marks a significant challenge for the organization, which has been at the forefront of promoting crypto-friendly legislation. The funding was intended to support initiatives aimed at fostering
News
The Algorand Foundation has announced a 25% reduction in its workforce amid ongoing layoffs in the cryptocurrency sector. This decision reflects broader challenges faced by the industry, which has seen significant job cuts in recent months. The foundation aims to streamline operations and focus on its core initiatives despite the
China
The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq's plan to support the trading of tokenized securities. This move allows Nasdaq to facilitate the trading of digital assets that represent ownership in traditional securities, potentially enhancing liquidity and accessibility. The approval is seen as a significant
News
Kalshi CEO Tarek Mansour has responded to criminal charges filed against him in Arizona, labeling them as a "total overstep." The charges stem from allegations of operating a derivatives exchange without proper licensing. Mansour argues that Kalshi is compliant with regulations and emphasizes the importance of innovation in
News
The Federal Reserve decided to keep interest rates unchanged, citing ongoing geopolitical uncertainties that could impact the economic outlook. This decision reflects concerns over inflation and the potential effects of global events on the U.S. economy. Fed officials emphasized the need for caution and indicated that future rate adjustments
News
On October 16, 2023, Bitcoin experienced a notable price surge, reaching a peak of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price climbing to $2,200, as developers announced significant upgrades to its network. Meanwhile, regulatory discussions in the U.
News
Hyperliquid has launched official S&P 500 perpetual futures, allowing traders to engage with this popular financial index in a new way. The perpetual futures are designed to provide a seamless trading experience with high liquidity and low fees. This development aims to attract both retail and institutional investors
News
Traders are becoming increasingly pessimistic about the potential for a spring rally in the cryptocurrency market as both Bitcoin and Ethereum experience significant declines. Bitcoin has dropped below the $30,000 mark, while Ethereum has also seen a notable decrease, impacting overall market sentiment. Analysts suggest that the current bearish
China
The ongoing conflict in Iran is contributing to a shift in the global economic landscape, marking the end of an era characterized by cheap money and low inflation. Analysts suggest that the war is establishing a "permanent inflation floor," as geopolitical tensions and supply chain disruptions drive prices