By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$116,701.51 rose to the highest this month, touching $116,430 and establishing itself more firmly above the $115,000 level on renewed demand for risk assets as the implications from Friday’s weaker-than-expected jobs market data sink in. The Federal Reserve is now widely expected to cut rates
U.S. president Donald Trump is set to sign a an executive order that aims to allow cryptocurrency, private equity and real estate in 401(k)s, according to Bloomberg. While the details of the directive remain under wraps, sources familiar with the matter told Bloomberg that the order would direct the Department of Labor to ease fiduciary
The Fed continues to keep interest rates steady despite US President Donald Trump’s persistent demands for interest rate cuts. Expectations for the first interest rate cut of 2025 intensified in September, with Fed Chair Jerome Powell citing economic uncertainty stemming from tariffs as the reason. At this point, while some FED members also support a
Insiders say China plans to launch renminbi-backed stablecoins in an effort to combat the U.S. dollar. However, the launch is held back by capital outflow concerns. Summary China has reportedly begun testing renminbi-backed stablecoins. Stablecoin plans have been hindered by growing concerns over the nation’s financial control and fears of potential misuse. In a recent
Bitcoin ETFs ended a four-day streak of outflows Wednesday, pulling in $91.6 million according to data from Farside Investors. The reversal suggests renewed investor confidence despite last week’s pullback and string of outflows, analysts told Decrypt. This week’s CoinShares Digital Asset Fund Flows report, published Monday, speculated that last week’s outsize outflows were likely a
Samson Mow, a vocal Bitcoin maximalist and the CEO at JAN3, has called on the global Bitcoin community to sign a petition on Change.org that urges the vandalized Satoshi statue in Switzerland to be restored. Mow wonders if the petition has reach the first necessary milestone of 1,000 signatures today. Community wants to have Satoshi’s
NodeOps, an AI-powered DePIN infrastructure, has revealed groundbreaking direct $NODE staking on BNB Chain. This landmark decision allows its users to carry out safe, non-custodial staking without involving any intermediate. In this growth, they will allow participants to use native tokens within the BNB Chain ecosystem, the $NODE tokens, to utilize the many functionalities provided