The Federal Reserve decided to keep interest rates parked at 3.5%-3.75% this week, and the market responded with all the enthusiasm of someone finding out their flight got canceled. Risk assets across the board took a hit, with crypto leading the retreat as traders recalibrated their expectations for how long tight monetary policy sticks around….
Nasdaq has received SEC approval to launch a pilot program for trading tokenized securities, marking a significant move for Wall Street into blockchain infrastructure. However, the process remains tied to existing centralized clearing systems. The pilot will enable Nasdaq to trade tokenized versions of major stocks and select index ETFs, acknowledging “Real World Assets” (RWAs)…
Bitcoin’s price was heavily rejected at $76,000 a couple of days ago, and the correction accelerated today. The cryptocurrency is now trading below $70,000, sending the entire market sentiment to extreme fear. Major altcoins like Ethereum and Ripple’s XRP are also on the downside, both losing important support levels. Amid these dwindling market conditions, Playnance’s…
Elon Musk has once again taken to X to share a post about Dogecoin, mimicking one of the most famous scenes from the blockbuster movie “The Godfather.” Summary Elon Musk shared a Dogecoin-themed AI video inspired by The Godfather, generating over 18 million views and high engagement on X. Dogecoin price showed little reaction, trading…
Evernorth Holdings, backed by Ripple executives, is advancing its plan to become the largest public XRP treasury on Nasdaq. The company on Wednesday filed a registration statement with the SEC in connection with its proposed merger with Nasdaq-listed SPAC Armada Acquisition Corp. II., a blank-check company sponsored by Arrington XRP Capital. Evernorth aims to create…
Scammers are targeting contributors to the viral AI project OpenClaw with a sophisticated phishing campaign aimed at draining crypto wallets. By exploiting GitHub’s trusted notification system, attackers lure developers with a fake $5,000 token airdrop that leads directly to a wallet-draining script. Fake $5K airdrop targets OpenClaw devs Scammers used fake GitHub tags to lure…
There are several double-digit movers from the altcoin space, including HASH and RIVER, both of which have skyrocketed by over 12% daily. Bitcoin’s price rejection at $76,000 a couple of days ago only accelerated yesterday and earlier today, with the asset dipping below $70,000 for the first time since last Thursday. The altcoins have…
After rallying to a multi-week high of $1.60, XRP price crashed amid a market-wide downtrend triggered by escalating geopolitical and macroeconomic tensions. Summary XRP fell over 8% from its weekly high to $1.46 amid a broader crypto market downturn driven by geopolitical tensions and hawkish Fed signals. Network fundamentals strengthened, with XRP wallet addresses hitting…
The Algorand Foundation said Wednesday it is reducing its workforce by 25% in response to what it described as an uncertain global macro environment and a broader downturn in crypto markets, marking one of the latest cost-cutting moves across the digital asset sector. Today, the Algorand Foundation made the difficult decision to reduce our workforce…
The window to pass the most significant crypto law in US history is closing fast. If Congress cannot move the CLARITY Act by late April, the effort likely dies until after the midterm elections. For retail investors, this means another year of guessing which tokens the SEC might sue next. Legislators are currently deadlocked over…
