In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to
New Federal Reserve Chair Kevin Warsh ended his first FOMC meeting without changing interest rates. The FOMC statement said officials voted 12-0 to keep the federal funds target range at 3.50% to 3.75%. The Fed said economic activity was expanding at a solid pace, while inflation remained above its 2% target. It also said some
A potential signal in Bitcoin’s market behavior is drawing attention as investors look for clues about where money could move next. Analyst Pumponomics said he recently increased his crypto exposure after spotting a bullish divergence between Bitcoin and the S&P 500, a pattern he believes could indicate capital returning to digital assets. Pumponomics said he
BTTInferGrid is a decentralized GPU computing network purpose-built for AI inference. By bridging the global supply of idle GPU capacity with the surging demand for AI workloads, BTTInferGrid delivers an open-access, verifiably secure, and pay-as-you-go computing infrastructure for AI developers worldwide. On June 17, BitTorrent, a pioneer in decentralized technology, announced the strategic launch of
An E-Commerce Front for Organized Crime Law enforcement agencies in Ghana and the United Kingdom have seized approximately $15.1 million in cryptocurrency from a sophisticated transnational investment scam. According to a Chainalysis report, the multi-agency operation dismantled an e-commerce “investment” platform that defrauded thousands of victims across both nations. The fraudulent scheme lured users into
According to on-chain data, Bitcoin’s largest holders are currently in the middle of a massive accumulation campaign. According to blockchain analytics firm Santiment, the amount of Bitcoin held by “whale” addresses (wallets with over 1,000 $BTC) has rebounded sharply to 7.17 million $BTC. This is the highest level since March 14, which indicates that there
CiDi Games has reached a major milestone within the Pi Network ecosystem after officially receiving the Mainnet Verified Badge in the Pi Browser. The gaming platform announced that it has been approved by the Pi Core Team, confirming that it is a verified Mainnet application that uses real Pi. The achievement places CiDi Games among
Bitcoin has fallen below $64,000 after the Federal Reserve signaled additional rate hikes in 2026, wiping out a relief rally that had briefly pushed the cryptocurrency above $66,000. According to market data, Bitcoin climbed to an intraday high of $66,315 on June 17 before reversing course and sliding to around $63,800 during early June 18
Robinhood Markets HOOD shares moved higher on Wednesday after multiple Wall Street firms reaffirmed their bullish outlook on the online brokerage, arguing that the company’s growth prospects remain strong. The bullish view came despite a planned workforce reduction affecting roughly 10% of employees. The stock gained more than 12% in mid day trading after both
Cryptocurrency exchange Kraken has stated that Bitcoin ($BTC) has entered a significant buying zone for long-term investors. According to recent analysis, the Bitcoin price hovering near the 200-week simple moving average (SMA) presents a picture historically associated with strong buying opportunities. Kraken’s assessment highlighted that the 200-week moving average is one of the most important