Could Bitcoin Hit $250K as Fed Says No to CBDCs? This New Meme Coin Says ‘Yes’
Federal Reserve (Fed) Chair Jerome Powell said the US won’t roll out a CBDC (Central Bank Digital Currency) so long as he’s in charge. Crypto advocates exhaled in relief. President Trump is also strongly against CBDCs – at the end of January, he banned the ‘digital dollar’ development. Ultimately, this gives Bitcoin ($BTC) and altcoins […]
Eric Semler’s X Account Hacked, Promotes Solana-Based Token
The token, trading under the ticker symbol SMLR, saw a 300% rise after launch but then plummeted.
The Best Crypto To Buy As Oklahoma Votes To Advance State’s Strategic Bitcoin Reserve
In a major boost for the crypto industry, Oklahoma’s State Commission has voted to advance its plans for a strategic Bitcoin reserve in the state. This means even more bullish times ahead for cryptocurrencies, as more US states rush to embrace Bitcoin. So what crypto coins should you be looking at for your investment portfolio? […]
Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
Crypto Daybook Americas: Inflation Data May Shake Out Bitcoin’s Doldrums as Demand for BTC Picks Up
Your day-ahead look for Feb. 12, 2025
Trump-Family Backed World Liberty Financial Starts Token Reserve for Crypto Investment
The firm has already accumulated tokens of various networks
Ethereum Bullish Signal: Exchange Outflows Hit Highest Level In 2 Years
Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently. The indicator of […]
Ripple, Galaxy Execs Loaned $160M to Moonpay So That They Could Support TRUMP Memecoin Launch
The massive demand came on a Saturday, when MoonPay’s fiat accounts were inaccessible due to the weekend with a public holiday on the following Monday for the swearing-in.
Bitcoin Trading More Like A Speculative Asset Than A Store Of Value, Report Says
According to a recent report by Bitfinex, Bitcoin (BTC) remains range-bound between $91,000 and $102,000 amid heightened geopolitical uncertainty fuelled by US trade tariffs on countries such as Canada, China, and Mexico. The report highlights that latest trends suggest BTC is increasingly behaving like a risk-on asset rather than a traditional store of value. Bitcoin […]
How Goldman Sachs Doubling Down on Bitcoin ETFs Boosts New Crypto Like Meme Index
New York-based banking titan Goldman Sachs has more than doubled its Bitcoin exchange-traded fund ($BTC EFT) holdings. The company’s latest quarterly report reveals it now holds $1.57B in $BTC ETFs, more than twice its Q3 2024 value. Most of Goldman Sachs’ funds – over $1.25B – lie in BlackRock’s IBIT (iShares Bitcoin Trust). Sachs also […]