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Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM …
Coinbase Inc. is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.Copies of the e…
United States President Joe Biden, scheduled to leave office on Jan. 20, still has time to issue pardons and commute the sentences of individuals convicted of federal crimes — and some crypto users are betting he turns his attention to the founders of Silk Road and FTX.As of Jan. 9, cryptocurrency b…
Social media giant Meta, formerly Facebook, plans to replace third-party fact-checkers with a community notes model akin to rival X’s to promote “free expression,” according to a Jan. 7 announcement. Meta will also lift restrictions on “topics that are part of mainstream discourse” to focus enforcem…
The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin bull run.The Chinese yuan (CNY) fell to 3.22 per U.S. dollar early Tuesday, reaching the lowest level since September 2023, according to data source TradingView…
By Ciara LinnaneSoftware company has issued stock for eight straight weeks to purchase bitcoin and now plans a perpetual preferred stock offeringMicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy…
Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday announcement from the Federal Reserve.Barr will continue to serve as a member of the Federal Reserve Board of Governors.I…
A Donald Trump-led Bitcoin rally — expected to occur in the days leading up to his Jan. 20 US presidential inauguration — could wane toward the end of the month as the Federal Reserve publishes its first interest rate decision of the year. In a Jan. 5 report, 10x Research’s founder Markus Thielen pr…
OG coin is slow to start the new year with traders quietly accumulating more of it, lifting prices to a two-week high of $99,500. Bitcoin is on a quest and that quest is to get back to six digits. The OG cryptocurrency was spotted making moves early Monday, grinding it out for the seventh straight …
A Trump-led Bitcoin rally — expected to occur in the days leading up to his Jan. 20 inauguration — could wane toward the end of the month as the Federal Reserve publishes its first interest rate decision of the new year. In a Jan. 5 report, 10x Research’s founder Markus Thielen predicted a “positive…
Ripple CEO Brad Garlinghouse said that 75% of the company’s open job positions are now based in the U.S., owing to positivity in the sector about Donald Trump’s incoming administration.“Say what you want, but the 'Trump effect' is already making crypto great again — through his campaign, and in the …
Bitwise CEO Hunter Horsley says 2025 could see a boom in smaller, niche businesses aided by AI and tokenization, more corporate Bitcoin adoption, and an “unfreezing” of mergers and acquisitions that could benefit crypto.In a series of X posts on Jan. 5, Horsley said he sees the world “on the precipi…