President-elect Donald Trump has publicly expressed his support for Federal Reserve Chair Jerome Powell, despite their historically tumultuous relationship. Trump confirmed in an exclusive interview with Kristen Welker on Meet the Press that he has no plans to replace Powell, whose term as chair extends until May 2026. When pressed
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Saxo investment firm released a predictions report, estimating the crypto market could quadruple in 2025, reaching a $10 trillion market cap amidst bullish market sentiment. Head of DWF Labs Andrei Grachev posted on X, highlighting the Saxo crypto prediction today. Based on the post, the crypto market could make a
The global cryptocurrency market has displayed a notable surge today, led by Bitcoin’s impressive rally, which has seen its price climb back to $95K from the $90K dip. This bullish movement comes on the heels of several positive announcements, including the Bitwise 10 Crypto Index Fund’s application with the SEC.
The current developments in the cryptocurrency market are mostly driven by big triggers such as Trump’s election win, which spurred a rally across Bitcoin (BTC) and other cryptocurrencies, according to a new institutional report published by DWF Labs. The analysis provides crucial insights into the recent patterns in the market. A
With investors’ optimism rekindled by the US election and expectations of clearer regulations around digital assets, native tokens from several decentralized finance protocols have seen increases above 50% in November. The charts are returning to levels last seen in 2021 thanks to November’s advances. The total value locked on DeFi
The cryptocurrency market continues its slide, shedding $82 billion in the past 24 hours. The total crypto market capitalization now stands at $3.19 trillion, nearing critical support at $3 trillion. Bitcoin’s (BTC) price fell by 5.68%, trading at $92,981.58, while Ethereum and Dogecoin also suffered significant liquidations. Liquidation events spiked,
On November 23rd, in response to higher trading activity in the cryptocurrency markets, especially when Bitcoin’s price approached $100,000, stablecoin issuer Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. According to data compiled by Arkham Intelligence, two billion USDT were created in a single transaction
With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency market is about to enter a pivotal week. Furthermore, market players’ anxieties have been heightened by the cryptocurrency market’s expiration. For background, investors are waiting to
Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it
