New York Fed President John Williams has shown his support for additional Fed rate cuts this year. The Fed official alluded to the weakening labor market, suggesting it should take priority over upside risks to inflation right now. The crypto market also continues to price in additional rate cuts this year, which has contributed to
Afghanistan’s recent nationwide internet outage has underscored a critical weakness in the world’s leading decentralized blockchains — their dependence on centralized internet providers that remain vulnerable to government intervention and technical failures. The country suffered a near-total internet shutdown that lasted about 48 hours before connectivity was restored on Oct. 1, Reuters reported. The disruption
Silver prices surged to a record high of $51.08 per troy ounce on Oct. 9, 2025, marking a 4.51% daily increase and surpassing the 1980 peak of $49.45 amid strong industrial and investment demand. Silver Hits Record $51 High Amid Surging Demand The rally capped a robust week for the metal, with prices climbing 6.5%
Wall Street broker Benchmark remains bullish on Strategy (MSTR) despite the stock’s recent struggles, arguing that its bitcoin-linked perpetual preferred shares give it something no other digital asset treasury can match: permanent capital. The broker reaffirmed its Strategy buy rating and $705 price target in the Thursday report. The stock was 2% lower in early
Apex Fusion announced the launch of its NEXUS chain integration with Layerzero, enabling connections to more than 145 blockchain networks, including Solana and Ethereum-compatible ecosystems. Apex Fusion Simplifies Omnichain Development With Layerzero The collaboration positions Apex Fusion as the first ecosystem to unite Cardano’s UTxO liquidity with Ethereum’s EVM framework via Layerzero, forging a new
Blockstream CEO Adam Back has reacted to Luxembourg becoming the very first eurozone country to invest in Bitcoin, describing the development as “huge.” Earlier today, Luxembourg Times reported that the sovereign wealth fund (FSIL) of the uber-rich European country had decided to invest 1% of its total assets in Bitcoin as well as other cryptocurrencies.
CipherOwl, a crypto compliance startup founded by former Coinbase and Cruise engineers Leo Liang and Ming Jiang, has raised $15 million in seed funding led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures and Enlight Capital. Originally reported by Fortune, the San Francisco–based firm develops artificial intelligence-driven tools to help financial institutions
Key Takeaways US Treasury Secretary Scott Bessent reportedly discussed plans for the government to continue accumulating Bitcoin during a private meeting with industry executives. The US currently holds about $17 billion in Bitcoin and does not plan to sell it, Bessent reiterated. US Treasury Secretary Scott Bessent discussed the government’s Bitcoin holdings and accumulation strategy
Over 70,000 new millionaires have emerged from Bitcoin’s rise, bringing the total number of crypto millionaires to 240,000 worldwide. Analysts predict Bitcoin could reach $150,000 by 2026 as institutional investment and global interest continue to grow. The largest digital asset, Bitcoin, has made 70,000 new millionaires in the past year. As detailed, this brings the
The bitcoin price has now entered the euphoria phase of this bull cycle, and while no model can time the exact top, the best on-chain frameworks point to much higher bitcoin price targets than most expect. Bitcoin Price Cycle Master One of the most historically reliable tools is the Bitcoin Cycle Master chart, which lays