The United States Securities and Exchange Commission has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital
The unprecedented rise of the Dogecoin price in 2021 has been one of the significant events that cemented its status as more than a meme coin. During the 2021 bull market, Dogecoin embarked on a substantial price rally for over three consecutive mont
Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a hearing to explain his positions on financial issues.In a Jan. 16 hearing of the US Senate Committee on Finance, Bessent respo
0952 GMT - Bitcoin eases after briefly returning above $100,000 following an unexpected fall in U.S. core inflation data Wednesday. The softer-than-expected inflation data and renewed optimism over potential crypto-friendly policies from U.S. Preside
The global crypto market cap returned to $3.5 trillion on Jan. 6 after rising 3.2% over the past 24 hours. Bitcoin led the bullish revival toward $100,000.XRP , Solana and Dogecoin were the best performers among the top ten cryptocurrencies, with
Arkansas lawmakers have introduced a new bill that would ban crypto mining operations within 30 miles of any US military facility in the state.Senate Bill (SB 60) was introduced by Senator Ricky Hill and House Speaker Brian Evans on Jan. 15, aiming t
The investment manager VanEck submitted Wednesday a filing for a new exchange-traded fund called the Onchain Economy ETF.Though the fund does not itself invest in digital assets or commodities, it invests "at least 80% of its net assets in digital tr
The US Supreme Court has declined to hear an appeal from crypto exchange Binance and its founder, Changpeng “CZ” Zhao, regarding a class-action lawsuit by investors who alleged the exchange illegally sold unregistered tokens that lost significant val
MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million.The Miami-based company aims to expand its trading and marketplace vo
The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping.The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on
As Bitcoin (BTC) continues its pullback into the low $90,000 range, analysts are divided on how much further the top cryptocurrency might fall before a potential bounce. However, long-term market observers remain confident, emphasizing that short-ter
Nvidia introduced its smallest and most powerful AI supercomputer, but the new product did little to prevent the chipmaker’s shares from sliding amid a marketwide rout on Tuesday.“We’re entering the era of physical AI, AI that can proceed, reason, pl
Dogecoin led losses among crypto majors as bitcoin slid to nearly $96,000, a dump attributed to fresh economic data that sent U.S. treasury yields soaring.DOGE plunged 10%, with Solana’s SOL, Cardano’s ADA, BNB Chain’s BNB and ether down at least
The cryptocurrency market took a hit today, with the total market capitalization dropping by around 6.3% to about $3.35 trillion on Jan. 8 as strong US economic data pointed toward potential interest rate hikes.Let’s look closer at the factors drivin
Nvidia introduced its smallest and most powerful AI supercomputer, but the new product did little to prevent the chipmaker’s shares from sliding amid a marketwide rout on Tuesday.“We’re entering the era of physical AI, AI that can proceed, reason, pl
Artificial intelligence crypto tokens are failing to live up to their lofty 2024 goals despite Nvidia's recent conference sparking bullish sentiment among AI stocks in the traditional markets.Last March, the NEAR token doubled in the lead-up to Niv
Crypto markets stumbled with bitcoin losing the $100,000 level on Tuesday U.S. morning as two stronger-than-expected U.S. economic data prints threw cold water on digital assets' bright early-year momentum.The Bureau of Labor Statistics' JOLTS job o
At its fourth quarter meeting on Dec. 27, the People’s Bank of China committee (POBC) proposed a more dovish (low interest rate) policy going forward.At the same time, the US Fed has different plans.China Announces Interest Rate CutFinancial analysts
As members of the United States Congress prepared to begin their 119th session, one Georgia representative filed a disclosure statement for exposure to cryptocurrency on New Year’s Day. In a financial disclosure report filed with the US House of Repr
As members of the United States Congress prepared to begin their 119th session, one Georgia representative filed a disclosure statement for exposure to cryptocurrency on New Year’s Day. In a financial disclosure report filed with the US House of Repr