Last US penny minted shows why savers need Bitcoin

In recent developments, the last US penny, which is valued at $0.01, costs about 3.7 times its face value to mint, as inflation erodes the value of fiat currency. Looking…

What happens if the Fed cuts rates before Christmas Eve?

In recent developments, a pre-Christmas Fed rate cut could boost spending, shift bond yields, lift risk assets and increase demand for crypto. The development has drawn attention from traders and…

Czech National Bank tests Bitcoin, crypto reserve with historic $1M buy

In recent developments, the Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits. Looking closer, market participants highlight key…

Asset manager Grayscale files for US IPO

In recent developments, the registration statement was made public about four months after the asset manager had filed confidentially for an initial public offering. Looking closer, market participants highlight key…

Ethereum whale stacks $1.3B in ETH, fueling $4K recovery hopes

In recent developments, unknown whales continue to increase their Ethereum exposure as technical indicators suggest a short-term ETH price rally to $4,000. Looking closer, market participants highlight key drivers such…

Telegram CEO Pavel Durov free to leave France as travel ban lifted: Report

In recent developments, telegram CEO Pavel Durov is now free to travel after French authorities fully lifted the ban on his travel, although the investigation into the platform remains open.…

Why crypto’s infrastructure hasn’t caught up with its ideals

In recent developments, distributed cloud projects aim to reduce blockchain’s heavy dependence on centralized providers like AWS. The development has drawn attention from traders and analysts who are evaluating potential…

Crypto most ‘fearful’ since March as Bitcoin eyes one-year lows versus gold

In recent developments, bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost. Looking closer, market participants…

Acurast raises $11M to turn smartphones into confidential compute nodes

In recent developments, acurast raised $11 million to launch a smartphone-based confidential compute network that claims tamper-resistant execution on consumer phones. Looking closer, market participants highlight key drivers such as…

Singapore warns unregulated stablecoins pose systemic risk as new rules near

In recent developments, the Monetary Authority of Singapore says only fully regulated, reserve-backed stablecoins will qualify as settlement assets as Singapore prepares legislation and expands CBDC trials. Looking closer, market…