Crypto markets are currently bracing for upcoming volatility as the Fed keeps signaling delays in rate cuts. Federal Reserve Vice Chair Philip Jefferson stated on Thursday that he is still considering rate reduction “later this year”. The statement comes just a day after the FOMC minutes of the meeting had indicated a similar stance. Federal […]

Coinbase, a leading cryptocurrency exchange, has announced the addition of Polkadot (DOT), XRP, and Dogecoin (DOGE) to its lineup of perpetual futures contracts. This expansion is available on Coinbase International Exchange and Coinbase Advanced trading platforms. The move signifies Coinbase’s ongoing efforts to diversify its trading options and cater to a broader audience of international […]

Reddit, the popular social media platform, has made headlines with its recent filing for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) on February 22. Within the comprehensive details of its IPO prospectus, the company disclosed its strategic investment in cryptocurrencies, specifically Bitcoin and Ethereum. This revelation marks a significant move […]

The legal hassle of Do Kwon, Terraform Labs’ ex-CEO, has now taken a new twist as his defense promises to fight a recent court ruling in Montenegro. This ruling that supports his extradition to the United States rather than to South Korea has triggered common legal warfare.  The claims to try Kwon over his apparent […]

Valkyrie has launched a new Bitcoin-leveraged exchange-traded fund (ETF), the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX). This financial instrument aims to offer investors twice the daily performance of its underlying index, which tracks the performance of the CME Bitcoin Futures market. The ETF’s strategy involves a scheduled rolling of its futures contracts to maintain […]

The total spot Bitcoin ETF trading volume for all ten issuers as of February 22 is very close to crossing the $50 billion mark. Spot Bitcoin ETF Sets Sail for $50B Benchmark In a Bloomberg Intelligence data chart shared by James Seyffart, one of its Senior ETF Analysts, it was showcased that the total trading […]

AI giant Nvidia will soon launch new artificial intelligence chips aimed at the China market. According to a report by Reuters, Nvidia is currently planning to press on Chinese markets with additional chip products. The move comes at a time when China is trying to re-establish itself as a dominant player against the US in […]

House Majority Whip Tom Emmer has come out in the open to criticize the Biden administration on what he alienates as a biased crackdown on Bitcoin miners. In Emmer’s opinion, such an act is a use of power against one segment within the growing $2 trillion cryptocurrency industry. The controversy is about an order by […]

A never-before-seen exchange of emails between Blockstream CEO Adam Back and Satoshi Nakamoto suggests that he has a relatively close relationship with the pseudonymous creator of Bitcoin (BTC). Early Bitcoin Heavyweight Correspondence Back’s complete email history with Satoshi Nakamoto was reportedly entered in the court’s record earlier today. In the first email that was sent […]

Google has decided to pause image generation by its AI-backed Gemini, as the tool’s racial inclusivity comes into question. According to a report by Bloomberg, the tech giant has been accused of not being able to furnish racially appropriate images with its Gemini bot. The step will likely result in a hit for Google as […]