Can Trump Fire Powell? Federal Reserve Chair Jerome Powell Testimony fielded questions at Congress on everything from inflation to rate cuts for a second Day. Over two days of testimony, Federal Reserve Chair Jerome Powell fielded questions from Congress on everything from inflation and monetary policy to crypto banking and the Fed’s autonomy. His careful
XRP is moving sideways above $2. Where will it go next? Key Support levels: $2, $1.6 Key Resistance levels: $2.5, $3 1. Momentum is Stalling Since early February, XRP appears to be consolidating above the $2 support level while moving sideways. Buyers tried a few times to bring the price above $2.5, but they have
Story Protocol has officially launched its public mainnet following a six month long testnet. Story Protocol, a layer-1 blockchain, has announced the launched its public mainnet, marking the first-ever global, programmable market for IP. The platform aims to transform the $61 trillion IP asset class by giving IP holders and AI-driven products the tools to
Key Takeaways Alexander Vinnik was part of a prisoner exchange between the US and Russia, with Marc Fogel returning to US custody. Vinnik pleaded guilty to laundering $4 billion through Bitcoin via BTC-e, facing various extraditions and legal charges. Share this article Alexander Vinnik, the operator of defunct crypto exchange BTC-e, has been released as
The crypto market had a scare yesterday when Bitcoin and altcoins fell minutes after January’s release of the United States CPI data. With the economy heating up and inflation rising, exceeding economists’ expectations, there is concern that the Federal Reserve might have to intervene once more to lower price pressures. The problem is, if the
Bitcoin’s price dipped by a few grand yesterday after the worst-than-expected US CPI data but bounced off and even tapped $98,000 briefly before settling at around $96,000. BNB, HYPE, and SUI have emerged as the biggest gainers from the larger-cap alts today, while ETH failed at $2,700 following positive news. BTC Recovers The primary cryptocurrency
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As geopolitical tensions shake the markets, altcoins struggle while Lightchain AI gains traction as a potential long-term investment. As geopolitical tensions escalate, particularly with President Donald Trump’s latest moves in the trade war, markets
Key Takeaways Coinbase is engaging with Indian regulators for re-entry after halting operations over regulatory challenges. The timeline for Coinbase’s return depends on securing approvals like an FIU operating license. Share this article Coinbase is actively working with relevant Indian authorities, including the Financial Intelligence Unit (FIU-IND) in a bid to re-establish its presence in
Phoenix Group, a popular Bitcoin mining company based in the UAE, has reported a staggering 236% increase in its 2024 revenues. On 12 February 2025, the company revealed that its mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. “This represents an astounding 1852%
On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange is for a product called the “21Shares Core Ethereum ETF”, which was previously named ARK 21Shares Ethereum ETF. Its purpose is to allow staking of