Key points: Bitcoin returns to $116,000 after gaining over 2% in minutes thanks to “dovish” comments from Fed Chair Jerome Powell. Powell’s Jackson Hole speech cemented the odds of an interest-rate cut next month. Risk assets and crypto rose immediately, while US dollar strength fell. Bitcoin (BTC) spiked to $116,000 on Friday as the US…
In the ever-evolving landscape of blockchain technology, Cosmos emerges as a formidable player, poised to redefine the future of decentralized applications. With its robust ecosystem and the notable performance of its native token, ATOM, Cosmos has attracted considerable interest from investors and enthusiasts alike. As we navigate through the intricacies of Cosmos and its potential…
Key Takeaways Eric Trump plans to attend Metaplanet’s key shareholder vote in Tokyo focused on Bitcoin capital strategy. Metaplanet has accumulated over $2 billion in Bitcoin, with its shares surging 140% this year. Share this article Eric Trump, a member of Metaplanet’s Strategic Board of Advisors, plans to visit Tokyo next month to attend the…
The European Union is stepping up its plans for a digital euro, now exploring the use of public blockchains such as Ethereum and Solana to expand its reach. Summary The EU is fast-tracking plans for a digital euro, with officials now considering public blockchains for its launch. U.S. stablecoin regulations and the rising global adoption…
TL;DR The team behind Pi Network introduced a special initiative that will last until mid-October. Despite the development, PI’s price continues to underperform. Ethereum whales bought over $1.7 billion worth of ETH during the recent pullback, signaling confidence in the long-term rally. Large investors owning ADA were also active, adding 150 million tokens to their…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has already hit multiple all-time highs this year, leading to calls that the top might be in. However, the absence of an altcoin season where digital assets such as Ethereum, XRP, and Dogecoin have yet to hit new all-time highs suggests…
Small crypto trader’s success: $6,800 to $1.5 million In just two weeks, a relatively unknown trader turned a mere $6,800 into $1.5 million without chasing memecoins, betting on price direction or riding ETF hype. Instead, this small crypto trader cracked a sophisticated crypto market-making strategy: high-frequency, delta-neutral and fueled by maker fee rebates. By quietly…
Key Takeaways EU officials are considering launching the digital euro on public blockchains like Ethereum and Solana. Concerns about US stablecoin dominance are driving renewed urgency for the digital euro rollout. Share this article EU officials are weighing whether to issue a digital euro on a public blockchain such as Ethereum or Solana instead of…
A Democratic lawmaker in Pennsylvania has proposed a bill that would ban elected officials from profiting off cryptocurrency while in office. Summary Pennsylvania lawmaker Ben Waxman introduced HB1812 to ban elected officials from profiting off cryptocurrency while in office. HB1812 would require lawmakers to divest their current holdings. Democrat Ben Waxman from District 182, along…
Around 33,700 Bitcoin options contracts will expire on Friday, August 22, and they have a notional value of roughly $3.8 billion. This expiry event is smaller than last week’s and unlikely to influence spot markets, which have started to move higher after a mid-week correction. All eyes are on the Federal Reserve Chair speaking at…
