Key Takeaways:The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to…
A federal jury in the Northern District of California on Wednesday convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering connected to the sale of a token…
Republican U.S. Senator Cynthia Lummis took aim at two federal agencies on behalf of the crypto industry this week, just days before the wide-reaching transition of the federal government when…
Some in Trump's circle, including crypto-fan Elon Musk, reportedly want him to dramatically weaken Kashkari's employer, the Fed. Trump tried to fire current Fed Chair Jerome Powell in 2018, causing…
Cryptocurrency-related stocks also advanced on Wednesday after the rate cut. MicroStrategy (MSTR) was up 3.6% through the day, while shares of crypto exchange Coinbase (COIN) and investment firm Galaxy (GLXY)…
The wallet address, previously identified as belonging to the German Federal Criminal Police Office (BKA) by Arkham, moved 6,500 BTC to the address “bc1q0unygz3ddt8x0v33s6ztxkrnw0s0tl7zk4yxwd” and then back to itself. Transactional…
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A weaker dollar often becomes a tailwind to risk assets, including bitcoin, as occurred in the second half of 2020 and early 2021. The greenback is a global reserve currency,…
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the…
BTC was changing hands at $26,042 at press time, down roughly 2.6% from its Wednesday high of $26,789. Ether (ETH), the second largest cryptocurrency by market capitalization, was trading at…
