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Trump orders government, Fed to review crypto firms' access to payment rails

Former President Donald Trump has directed the U.S. government and the Federal Reserve to examine the access that cryptocurrency firms have to payment systems. This initiative aims to assess the implications of cryptocurrencies on the financial system and ensure regulatory compliance. The review could lead to potential changes in how crypto companies interact with traditional banking infrastructure. Trump's order reflects growing concerns about the impact of digital currencies on the economy and financial stability.

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Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop?

Recent data indicates that Bitcoin dip buyers are holding off on purchasing until prices drop further, with many anticipating a potential decline to around $70,000. Analysts suggest that this wait-and-see approach reflects a cautious sentiment in the market, as investors seek to maximize their returns. The current trading environment

Solana futures funding rate turns negative: Is $78 SOL next?

Solana's futures funding rate has turned negative, indicating a shift in market sentiment as traders become more bearish on the cryptocurrency. This change suggests that short positions are becoming more popular, potentially leading to further price declines. Analysts are now speculating that Solana (SOL) could drop to the

Bernstein: Bitcoin miners becoming critical suppliers in AI infrastructure

A report from Bernstein highlights that Bitcoin miners are emerging as essential suppliers for artificial intelligence (AI) infrastructure. The energy-intensive nature of both Bitcoin mining and AI training creates a synergy, as miners can provide the necessary computational power and energy resources. Bernstein notes that the increasing demand for AI

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says

According to K33, the current Bitcoin bear market is characterized by "uniquely pessimistic" traders, which is limiting the potential downside for the cryptocurrency. Unlike previous bear markets, this sentiment among investors may create a floor for Bitcoin prices. K33 suggests that the prevailing negative outlook could lead to

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Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop?

Solana futures funding rate turns negative: Is $78 SOL next?

Bernstein: Bitcoin miners becoming critical suppliers in AI infrastructure

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says