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Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift
7.11.2024
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The...
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win
7.11.2024
Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election
Galaxy Digital clocks biggest trading day of year on US election day: Report
7.11.2024
Trump's win sparked a surge of interest in crypto, Galaxy's CEO reportedly said
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
7.11.2024
Bitcoin just made a new all-time high, but ether is the real winner here
Defi Nears $100 Billion Milestone as Crypto Market Heats Up
7.11.2024
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time...
Load variability is key to AI energy infrastructure — TeraWulf CTO
7.11.2024
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority
Bitcoin Fever Peaks! Can BTC Price Reach $80,000 by the Weekend?
7.11.2024
Bitcoin has recently reached a new all-time high, surging past the $76,000 mark and reigniting investor enthusiasm. With…
Alameda Boss Caroline Ellison Reports to Federal Prison for Role in FTX Scandal
7.11.2024
Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut following her two-year sentence, according to a CNBC report. Reporter MacKenzie Sigalos and Dawn Giel...
Crypto Industry Experts React as Trump’s Re-Election Shakes up Digital Assets
7.11.2024
With the U.S. 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing. Many experts eagerly shared their views with Bitcoin.com News, providing a window into the community’s expectations and potential shifts in...
Missed the Bitcoin Surge? Here’s How You Can Still Profit from BTC’s Bull Run
7.11.2024
The Bitcoin market is buzzing, and if you’re feeling the regret of missing out on early gains, you’re…
Tether to Perform $2 Billion USDT Chain Swap to Ethereum
7.11.2024
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between...
Here’s How You Can Use Bitcoin Rainbow Chart to Buy BTC
7.11.2024
Navigating through the volatile world of cryptocurrency can be scary, even for experienced investors. With Bitcoin, the value…
Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
7.11.2024
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers
Bitcoin can go 'parabolic' with BTC price weekly close above $71.5K — Analysis
7.11.2024
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes
Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets
7.11.2024
Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving...
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
7.11.2024
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking
Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy
7.11.2024
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s...
Two Bitcoin whales buy $142M BTC after Trump’s win
7.11.2024
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin
Voting Starts for the ftNFT YoCerebrum Awards 2024
7.11.2024
PRESS RELEASE. The ftNFT YoCerebrum Awards 2024 invites everyone to participate in the final voting phase to celebrate excellence in the NFT space. The voting period runs from November 6-10, 2024. The jury voting took place from November 1 to November 5, where a group of distinguished experts...
Protocol Village: Cytonic, Layer-1 Chain With 'MultiVM' Design, Raises $8.3M in Seed Round
7.11.2024