Month: December 2024

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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Despite a 9% price drop, optimism among XRP (CRYPTO: XRP) traders remains strong, with many holding their positions and anticipating upward momentum. Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP)  $2.26 $129.08 billion -8.8%  -6.3%  Bitcoin (CRYPTO: BTC)  $98,630.61 $1.95 trillion -5.8%  -2.8%  Ethereum (CRYPTO: ETH)...

The story of Ilya Lichtenstein, known for his role in the Bitfinex hack, and his wife Heather “Razzlekhan” Morgan has taken a new turn following the release of the Netflix documentary, “Biggest Heist Ever.” In a video statement from jail, Lichtenstein confessed to his crimes, expressed regret, and outlined...

On Wednesday, BlackRock, the world’s largest asset manager, successfully acquired municipal debt through a transaction that exclusively utilizes blockchain technology. According to a Bloomberg report, this marks the first instance of municipal bonds being purchased, settled, and held entirely on a blockchain platform. BlackRock’s Historic Bond Deal Per the...

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The day after a volatile Federal Reserve meeting, Wall Street grappled with the stark reality of Fed Chair Jerome Powell‘s cautious tone on cutting interest rates in 2024. The message left investors weighing the impact of higher-for-longer interest rates amid a still-resilient economy. Despite the hawkish undertones, stocks managed...

As December 2024 unfolds, the cryptocurrency market continues to offer remarkable opportunities for investors aiming to maximise their returns. While Bitcoin remains a dominant force, altcoins have emerged as compelling investment options, promising innovative solutions and strong growth potential. For those seeking the best altcoins to invest in December...

Derivatives trading products saw rapid growth, suggesting that professional traders were actively seeking exposure to cryptocurrencies....

Sonic, a gaming platform on the Solana (CRYPTO: SOL) blockchain, and Injective, a Layer-1 blockchain, on Thursday announced a strategic partnership to develop what they claim to be the industry’s first cross-chain AI Agent platform. This initiative, dubbed the Smart Agent Hub, aims to merge the capabilities of Solana...