Bitcoin price was stuck in a tight range this week as the forming pennant pattern and the Crypto Fear and Greed Index point to a rebound. Summary Bitcoin price has formed a bullish pennant pattern on the daily chart. The Crypto Fear and Greed Index remains in the gear zone. Technicals point to an eventual
Taskon, a Web3 task platform, has announced a strategic collaboration with Memebridge, a cross-chain bridge solution, to bring a new cross-chain experience and composability for Web3 tasks (applications). Taskon is a task collaboration platform designed to support the execution of Web3 tasks in a decentralized manner. It helps task creators and doers coordinate effectively and
Markets are reacting to the Fed’s interest rate decision, amid ongoing concerns over trade policy. Summary The Fed will maintain interest rates steady Trump continues to call for lower rates Tariffs remain a concern for inflation Major U.S. stock indices were up after the expected Fed decision on interest rates. On Wednesday, July 30, the
AGI Open Network (AON), a popular platform for AI Agent development, has collaborated with Fireverse, a prominent AI music forum accounting for a massive 16M consumers and over $3 million in overall creator earnings. The partnership focuses on empowering builders, musicians, and creators by merging Fireverse’s cutting-edge music creation tools with advanced infrastructure of AGI
Did U.S. Federal Reserve Chairman Jerome Powell just threaten to hike rates? At his post-meeting press conference following the Fed’s Wednesday decision to hold interest rates steady, Powell continued to insist that the president’s tariff policy risks igniting inflation. “Increased tariffs are pushing up prices,” said Powell. “Near-term measures of inflation expectations have moved up.”
Jack Mallers, CEO of Bitcoin-focused technology company Twenty One, announced that they expect the company to go public in the third quarter of 2025 following an examination by the US Securities and Exchange Commission (SEC). Mallers said that at the time of the IPO, the company will have over 43,000 Bitcoins and over $5 billion
Orochi Network, a prominent Verifiable Data Layer for RWAs and AI, has announced its latest partnership with Lisk, a purpose-built layer-2 platform for developers in high-growth markets. The collaboration aims to bolster Web3 innovation by using the Optimistic rollups of Ethereum. As per the social media announcement, this development combines the Orocle and Orand services
Today, Canaan Inc. (NASDAQ: CAN) announced the adoption of a formal Cryptocurrency Holding Policy that positions Bitcoin as its core long term reserve asset. The new policy marks a strategic shift in how the company manages its digital assets, aiming to strengthen its financial stability and align more closely with the broader Bitcoin economy. “The
In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime