Tag: Crypto

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Staunch crypto skeptic and disgraced former U.S. Senator Bob Menendez was sentenced to 11 years in prison on Wednesday on charges of bribery and acting as an agent for Egypt, the Associated Press reported. Menendez was a Democrat from New Jersey and famous for taking shots at crypto. He...

MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company’s play on the cryptocurrency as the “Lever for the Believer” in its note dated Jan. 29. The MSTR Analysts:...

After the Federal Open Market Committee (FOMC) announced that interest rates would remain unchanged at 4.25%-4.50%, Bitcoin’s price showed no significant fluctuations. The CME’s FedWatch tool had already projected a 99.5% probability that the Fed would hold rates steady. Following the announcement, Bitcoin briefly dipped to $101,500 but quickly...

The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in indirect bitcoin (BTC) exposure, according to K33 Research. At the end of 2024, the fund indirectly held 3,821 BTC, reflecting a 153% year-over-year increase from 1,507 BTC, according to K33. The data...

Dogecoin (CRYPTO: DOGE) has caught the interest of traders following the first application for a Dogecoin spot exchange-traded fund. Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE)  $0.3319 $49 billion +1.3%   -4.6% Shiba Inu (CRYPTO: SHIB)  $0.00001865 $11 billion +1.3%  -6.1%  Pepe (CRYPTO: PEPE)  $0.00001306 $5.5...

[PRESS RELEASE – Madrid, Spain, January 30th, 2025] Stakely, a Spain-based provider of non-custodial staking services and blockchain infrastructure, has introduced Simple CSM, a solution designed to simplify Ethereum validator operations. Built on Lido’s Community Staking Module (CSM), Simple CSM enables users to participate in Ethereum staking without requiring...

Standard Chartered‘s Geoffrey Kendrick on Thursday predicted that Bitcoin (CRYPTO: BTC) will reach a new all-time high in the coming days, forecasting a price range of $112,000 to $130,000 for February and March. Kendrick’s bullish outlook follows a recent market correction and is supported by various factors, including improved...

Crypto analyst Michaël van de Poppe said that there is a high chance Bitcoin will hit a new all-time high in the coming weeks. In a recent post on X, Michaël van de Poppe celebrated Bitcoin’s surge to $105,000 on…...

Federal Reserve Chair Jerome Powell delivered remarks yesterday suggesting that US banks can freely engage with crypto clients—provided they understand and manage the inherent risks. Powell’s comments came during the Federal Open Market Committee (FOMC) press conference, where he addressed queries about the Fed’s stance on crypto banking. “Banks...