The Federal Reserve held interest rates steady on Wednesday, a move that ended a sharp reversal of market expectations that once favored a rate cut in early 2026. “Job creation remained weak and the unemployment rate showed some signs of stabilization,” the central bank said in its policy statement. “Inflation remains somewhat elevated.” There were […]
FOMC keeps rates unchanged, as expected Read More »
With another $25 million from Ripple and $24 million from Andreessen Horowitz (a16z), the crypto industry’s leading campaign finance fund, the Fairshake political action committee, is amassing unprecedented firepower for this year’s congressional midterm elections. The crypto super PAC that exploded onto the scene during the last political cycle is expected to report that it
Optimism governance has approved a proposal that more closely ties the OP token to the economic performance of the Superchain, marking a notable shift in how one of Ethereum’s largest Layer 2 ecosystems approaches token value and revenue usage. The proposal was adopted with 84.4% of votes in favor, according to Optimism’s on-chain governance portal,
Optimism Governance Approves OP Token Buyback Plan Linked to Superchain Revenue Read More »
Stocks of bitcoin mining companies that have shifted their business plans to meet the needs of artificial intelligence (AI) infrastructure have been big winners in 2025, a trend they have continued into the new year. And if big tech companies’ profits this year are anything to go by, they could continue to benefit from the
IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could contribute to AI-related gains Read More »
World Network’s WLD token (formerly Worldcoin) surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader efforts to combat online bots. OpenAI CEO Sam Altman wants to create a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing people
The gold bull market kicked into high gear on Wednesday, with the yellow metal climbing 6% to exceed $5,400 an ounce for the first time. Silver and platinum saw even larger percentage gains, but gold, with a market cap of around $40 trillion, was certainly the standout asset. A significant portion of gold’s gains came
BTC stuck at $89,000 as gold hits new high Read More »
Tesla’s (TSLA) bitcoin holdings remained stable during the fourth quarter of 2025, remaining at 11,509 coins. The value of this stack, however, declined significantly as the price of bitcoin fell from around $114,000 to $88,000 in the last three months of the year. The decline forced Tesla to book an after-tax impairment loss of approximately
BTC holdings remained at 11,509 coins in Q4 Read More »
The White House will meet with representatives of crypto companies and traditional banks in the coming days to work on stablecoin yield issues in the crypto market structure bill, according to people familiar with the matter. The legislation, which was delayed earlier this month, faced some resistance over how it proposes to regulate stablecoin rewards,
Crypto investors are rushing into tokenized gold as digital asset markets tread water, sending flows into the Paxos gold token to a record high in January. Paxos Gold (PAXG), backed by physical gold held in the LBMA vaults in London, has raised more than $248 million in fresh capital through January, according to data from
Paxos Gold (PAXG) Sees Record Inflow of $248 Million in January Read More »
Coinbase’s (COIN) decision to end its support for U.S. market structure legislation will not derail the process, investment bank HSBC said, suggesting that while CEO Brian Armstrong prefers no bill to a bad bill, he would likely agree to a reasonable compromise. The report argues that a legislative foundation is essential to ensure the stability
