Category: News

Bitcoin, Ethereum, XRP Plunge Over 6% Each, Dogecoin Drowns 14% On Turbulent Post-FOMC Thursday

Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday’s Fed meeting. Cryptocurrency Price    Gains +/- Bitcoin (CRYPTO: BTC)  $97,083.43 -5.7% Ethereum (CRYPTO: ETH)  $3,377.75 -9.3% Solana (CRYPTO: SOL)  $192.61 -8.3% XRP (CRYPTO: XRP)  $2.21 -6.5% Dogecoin (CRYPTO: DOGE)  $0.312 -14.1% Shiba Inu...
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Crypto Controversy: Jail Awaits Former South Korean Politician – Details

A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. State prosecutors recommended that the legislator be sentenced to a six-month jail time for not disclosing a significant portion of his crypto assets, and failing to adhere to the South Korean...
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Bitcoin Price Craters 6.5% To $96,500: What Is Going On?

Bitcoin (CRYPTO: BTC) prices continued their downward trajectory on Thursday, falling 6.5% over the past 24 hours as markets digest the Federal Reserve meeting the day prior. What Happened: CoinDesk senior analyst James Van Straten highlighted that Wedneday’s sell pressure totaled $2.7 billion (26,000 BTC)—the sixth-highest daily outflow this...
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Germany’s FDP Pushes For Strategic Bitcoin Reserve Amid Election Campaign

Germany’s Free Democratic Party (FDP) is intensifying its focus on Bitcoin and crypto policy during the run-up to the country’s parliamentary elections, scheduled for February. The party’s newly released election manifesto, published on December 18, signals a notable pivot towards integrating digital assets such as Bitcoin into the existing...
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Senator Lummis Introduces Strategic Bitcoin Reserve Proposal

Senator Cynthia Lummis (R-Wyo.) has introduced a proposal that would grant the Federal Reserve the authority to own Bitcoin (CRYPTO: BTC). What Happened: According to Lummis, this strategic initiative aims to create a “Strategic Bitcoin Reserve,” where the U.S. government would purchase 200,000 Bitcoins annually for five years, holding...
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