Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Bitcoin price rejected near $65,000 According to data from crypto.news, Bitcoin (BTC) price traded at $64,384.27 at…...
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Fed’s Musalem favored rate hike, joins three others breaking from July hold
A shift towards hawkish sentiment among Fed officials may decrease the likelihood of near-term rate cuts, impacting market expectations. The post Fed’s Musalem favored rate hike, joins three others breaking from July hold appeared first on Crypto Briefing....
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Canaan taps $130M crypto reserve for stock buybacks
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Canaan opens crypto treasury to fund buybacks Nasdaq-listed Bitcoin miner Canaan has authorized management to monetize part…...
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Bitcoin cold wallet hack exposes five-year-old firmware flaw, drains $114M from Coldcard devices
The hack underscores the critical need for robust firmware security and may drive increased reliance on regulated Bitcoin investment vehicles. The post Bitcoin cold wallet hack exposes five-year-old firmware flaw, drains $114M from Coldcard devices appeared first on Crypto Briefing....
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AI designs functional viral genomes from scratch, and 16 of them actually work
AI-designed viral genomes could revolutionize phage therapy, offering new solutions to antibiotic resistance but raising biosecurity concerns. The post AI designs functional viral genomes from scratch, and 16 of them actually work appeared first on Crypto Briefing....
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Fed’s Musalem sees no threat to US dollar’s status as top reserve currency
The U.S. dollar’s continued dominance may reduce gold’s appeal as a safe-haven asset, influencing future market dynamics and pricing. The post Fed’s Musalem sees no threat to US dollar’s status as top reserve currency appeared first on Crypto Briefing....
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Coinkite declines to estimate Bitcoin loss from $130M Coldcard hack
The Coldcard hack highlights the urgent need for regulatory standards in hardware wallet security to protect investors and maintain trust. The post Coinkite declines to estimate Bitcoin loss from $130M Coldcard hack appeared first on Crypto Briefing....
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Fed’s Musalem: inflation expectations stable, align with 2% target
Stable inflation expectations may reduce the urgency for immediate rate hikes, influencing market perceptions of future Fed policies. The post Fed’s Musalem: inflation expectations stable, align with 2% target appeared first on Crypto Briefing....
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Solana moves $650B in stablecoins onchain in one month, surpassing Ethereum
Solana’s surge in stablecoin transactions highlights its growing influence in the blockchain space, potentially reshaping competitive dynamics. The post Solana moves $650B in stablecoins onchain in one month, surpassing Ethereum appeared first on Crypto Briefing....
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Reality-issued assets reach $138M market cap on Arbitrum One
The integration of tokenized stocks into crypto platforms could revolutionize equity trading, but investor protection remains a critical concern. The post Reality-issued assets reach $138M market cap on Arbitrum One appeared first on Crypto Briefing....
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