Tag: Cryptocurrency

Bitcoin Stabilizes Following Federal Reserve Rate Hike

Bitcoin prices stabilized after an expected Federal Reserve rate hike by the U.S. central bank, lifting the benchmark rate to between 3.75% and 4% amid ongoing inflation concerns.

Deutsche Bank Launches Bitcoin Custody Service for Institutions

Deutsche Bank announced plans to launch a bitcoin custody service for institutional and corporate clients in Europe before the end of the year, joining a growing trend among major global financial institutions.

Lummis Thanks Trump Over Ethics Pact as Clarity Act Faces Vote

Senator Cynthia Lummis thanked President Donald Trump for accepting strict ethics restrictions to help secure passage for the upcoming Clarity Act vote, which aims to establish a clear regulatory framework for digital assets.

Mastermind of $245M Cryptocurrency Heist Enters Guilty Plea

Malone Lam, a 22-year-old Singapore native living in Miami, has pleaded guilty to masterminding an international cybercrime ring that stole $245 million in cryptocurrency to fund an extravagant lifestyle.

Nasdaq Reportedly Invests $100 Million in Kraken’s Parent Firm

Nasdaq is reportedly investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal valuing the firm at $21 billion to develop tokenized equities infrastructure.

US Treasury Chief Scott Bessent Urges Senate to Pass Clarity Act

U.S. Treasury Secretary Scott Bessent has strongly urged the Senate to pass the crypto Clarity Act following a delayed vote, emphasizing national security and American leadership in digital assets.
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Peter Schiff claims the Fed lost its inflation fight amid Bitcoin-gold debate

Peter Schiff argues the bond market broke in 2020, warns rising rates could crush Bitcoin, and debates tokenized gold versus cryptocurrency with Grace Remington and Sean Hagan.

Bitcoin Stabilizes Following Federal Reserve Rate Hike

Bitcoin prices stabilized after an expected Federal Reserve rate hike by the U.S. central bank, lifting the benchmark rate to between 3.75% and 4% amid ongoing inflation concerns.

CFTC to Draft Crypto Rules Following Clarity Act Vote Defeat

Following the Senate defeat of the Clarity Act, CFTC Chair Mike Selig announced that the regulatory agency will use its existing statutory authorities to draft and advance new cryptocurrency rules.

Morgan Creek CEO Urges Buying the Dip as Bitcoin Drops

Morgan Creek Capital CEO Mark Yusko urges investors to buy the dip, estimating Bitcoin's fair value at $105,000 using Metcalfe's Law while the cryptocurrency trades lower.

The Quantum Dilemma: Freezing Coins Examined

Bitcoin faces a complex quantum dilemma regarding whether to freeze vulnerable coins or risk theft from future quantum computers, forcing a difficult debate over property rights, security, and technical trade-offs.