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
TL;DR EigenDA V2 is now live on Ethereum mainnet, delivering a massive 100 MB/s throughput that eclipses Visa’s peak transaction capacity by over twelve times. Major projects like Fuel Network and Aevo are already running production traffic through this upgrade. Backed by extensive stress tests and a custom-built database, EigenDA V2 aims to redefine scaling
After the Fed left interest rates unchanged and two Fed members voted against it, Chairman Jerome Powell made a statement and answered questions live on air. Here are all the highlights from Powell’s speech: The economy is in a solid position. Inflation is slightly above targets. The current policy stance puts us in an advantageous
Cryptocurrency analyst Axel Adler, in his assessment of Bitcoin’s current market situation, highlighted the updated data from the “Bitcoin Heat Macro Phase” metric. This indicator aims to guide investors by reflecting the overall market temperature with a single numerical value. According to Adler, high values for this metric (close to 50%) indicate that the market