Hopes for a quick reversal from the weekend crypto plunge faltered on Monday with bitcoin BTC$109,641.00 slipping all the way back below $110,000, just barely ahead of its then-euphoric price of $109,400 touched ahead of President Trump’s Jan. 20 inauguration. The largest crypto’s recovery attempt was quickly rejected at $113,000 during the U.S. session, and […]
Japan’s Finance Minister Katsunobu Kato said on Monday that cryptocurrencies can be part of a diversified portfolio. “Crypto assets have risks surrounding high volatility, but through building an appropriate investment environment, they could be part of diversified investments,” Kato said while speaking at an event in Tokyo, according to Bloomberg. The minister added that the […]
Ether (ETH) pushed into uncharted territory Sunday, clearing $4,900 on Coinbase at 5:40 p.m. UTC and surpassing its prior record of $4,867 set on Nov. 8, 2021. The five-year ETH-USD price chart from TradingView shows a clean, multi-year breakout: ETH has finally vaulted the 2021 high after a long consolidation, leaving no historical overhead levels […]
Fed Chair Jerome Powell’s speech on Friday at this year’s Jackson Hole Economic Policy Symposium balanced rising inflation risk against a fragile labor market, and the political calendar now raises the odds that his eventual successor will be less cautious on rates. Powell’s message was deliberately sober. He said the “effects of tariffs on consumer […]
Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital assets and artificial intelligence (AI) startups taking the lion’s share of fresh funding, according to KPMG Canada’s Pulse of Fintech report. While fintech funding slowed globally, Canadian investors maintained steady support for ventures at the intersection of finance and emerging technology. […]
Meme token climbs to $0.24 peak with volume nearly doubling monthly averages, signaling institutional activity behind the rally. News Background • The Federal Reserve signaled a softer stance on crypto banking rules, while Wyoming launched the first state-backed stablecoin. Both developments lifted sentiment around digital assets.• Trump-linked entity Thumzup completed a $50 million acquisition of […]
Ethereum ETH$4,820.41 hit a record price of $4,885 on Coinbase on Friday after a speech by Federal Reserve Chair Jerome Powell suggesting interest rate cuts left traders relieved going into the weekend. The token rose nearly 15% over the past 24 hours as part of a broader rally in financial markets. Nevertheless, ether’s rally stood […]
South Korea’s largest financial groups are set to meet officials from Tether and Circle Internet (CRCL), issuers of the two largest stablecoins, as early as this week, according to Yonhap. In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will discuss potential partnerships on distributing and transacting with dollar-pegged stablecoins in the […]
A senior official at the U.S. Department of Justice knew the crypto audience in Wyoming had fresh software developer convictions on its mind when he told them on Thursday that his department doesn’t want to go after digital assets software developers who don’t have money-laundering intentions. Matthew Galeotti, acting assistant attorney general in the DOJ’s […]
In 2018, Kenneth S Rogoff, professor of economics at Harvard University and a former chief economist at the International Monetary Fund, predicted bitcoin was more likely to be worth $100 than $100,000 in a decade. In reality, bitcoin’s price rose above $100,000 this year, a 10-fold increase from March 2018’s sub-$10,000 level when Rogoff predicted […]
A group of major altcoins have bounced stronger than bitcoin on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets. BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875. Ethereum’s ether (ETH) rebounded 7% […]
Thumzup Media Corp. (TZUP), which counts Donald Trump Jr. as a large shareholder, said it will acquire Dogehash Technologies, Inc. in an all-stock deal, pivoting from digital marketing into industrial-scale crypto mining Under the agreement, Dogehash shareholders will receive 30.7 million Thumzup shares, according to a Tuesday release, valuing the transaction at $153.8 million, based […]