Author: admin

The selloff continues as tensions in the Middle East rise and the Department of Homeland Security remains partially shut down.Crypto markets slipped further on Wednesday, Feb. 18, as political and macroeconomic uncertainty continued to weigh on sentiment.Bitcoin (BTC) is trading at $66,344, down 2.5% over the past 24 hours, while Ethereum (ETH) is at $1,953, down 2.3%. Separately, Founders Fund, a venture firm tied to billionaire Peter Thiel, disclosed it had exited its entire 7.5% stake in Ethereum treasury company ETHZilla Corp. last year, according to a recent SEC filing.Other large-cap tokens were also lower, with BNB down 2% near…

Bitcoin is finding space to bounce, but not yet the fuel to run.The macro backdrop has improved just enough to give bulls something to work with. Cooling headline inflation has strengthened expectations for three rate cuts this year, reviving the familiar playbook in which easier monetary policy supports risk assets. And it could signal the possibility of liquidity slowly returning after months of tight financial conditions for crypto markets.But caution against reading too much into that shift. The Federal Reserve is unlikely to embark on an aggressive easing cycle. Instead, it appears set for a measured approach that rebuilds liquidity…

The US CLARITY Act, a highly anticipated bill aimed at providing greater clarity for the US crypto industry, could make it through Congress in just over a month, according to crypto-friendly US Senator Bernie Moreno.“Hopefully by April,” Moreno told CNBC during an interview at US President Donald Trump’s Mar-a-Lago property in Florida on Wednesday.Coinbase CEO Brian Armstrong joined Moreno for the interview, explaining that they were with representatives from the crypto, banking and US Congress at the World Liberty Financial (WLF) crypto forum to reach a solution on market structure.“A path forward” is in sight, says Moreno“One of the big…

The Federal Reserve’s January meeting minutes revealed a surprisingly hawkish committee. Several officials openly discussed rate hikes. That sets the stage for a dramatic policy clash when Kevin Warsh takes over as chair this summer.The Fed’s hawkish stance now threatens to box in Warsh before he even starts, raising the stakes for both monetary policy and crypto markets.Sponsored SponsoredA Committee Tilting Hawkish — Right Before a Leadership ChangeThe FOMC voted 10-2 on Jan. 28 to hold rates at 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented. Both preferred a quarter-point cut, citing labor market risks.But the broader committee leaned the…

WLFI, the token tied to Trump-affiliated World Liberty Financial, rose roughly 10% after a $3.5 trillion asset servicer said it would test the firm’s USD1 stablecoin as a settlement rail for tokenized funds.WLFI’s uptick during the Asia morning hours was higher than bitcoin or ether, which were both down 0.5%, according to CoinDesk market data.The rally comes as speakers at the World Liberty Financial forum at Mar-a-Lago on Wednesday pitched stablecoins as central to U.S. financial leadership.“The reality is the entire financial system is going to look very different in the next five years than it has looked in the…

PGI’s CEO spent millions on luxury cars, homes, hotels, designer clothing, jewelry, and watches using investor funds. The US Department of Justice announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), was sentenced to 20 years in prison. Prosecutors stated that Palafox operated a $200 million Bitcoin-based Ponzi scheme that defrauded more than 90,000 investors across the world. Bitcoin Fraud Case According to court documents, Palafox, the 61-year-old dual citizen of the United States and the Philippines, owned and controlled PGI and served as its chairman, chief executive officer, and chief promoter. Prosecutors said Palafox falsely claimed…

Stani Kulechov, the founder of the decentralized lending platform Aave, says DeFi could benefit from $50 trillion worth of “abundance assets,” such as solar energy, through tokenization by 2050, opening a new class of onchain collateral.Data from RWA.xyz shows that nearly $25 billion worth of real-world assets have been tokenized onchain, but they are mostly in the form of US Treasury bonds, stocks, commodities, private credit and real estate. In a post to X on Sunday, Kulechov said he expects these scarce assets to continue growing but that the “biggest impact from tokenization can be achieved by tokenizing abundance assets.”“Capital…

We tracked $1.63B in Super Bowl prediction market volume across 68+ markets and 37 mention strikes. Our data shows $304M on halftime, ads etc. and 2,700%+ YoY growth for Kalshi.Super Bowl 60 between the Seahawks and Patriots, if we’re being honest, was not the thriller we were all hoping for. But it did produce the single biggest day of trading in prediction markets‘ history — and it stress-tested exchange infrastructure in ways that exposed both the promise and the growing pains of the industry.DeFi Rate tracked $1.63 billion in combined trading volume across Kalshi ($833.2M) and Polymarket ($795.3M) on Super…

Strategy founder Michael Saylor has revealed the firm plans to convert its $6 billion in bond debt into equity — a move that reduces debt on the balance sheet.“Strategy can withstand a drawdown in BTC price to $8,000 and still have sufficient assets to fully cover our debt,” stated the firm on X on Sunday, prompting Saylor’s response. The Bitcoin (BTC) treasury company currently holds $49 billion in Bitcoin reserves with a stash of 714,644 BTC. Its convertible debt is around $6 billion, so BTC would need to fall around 88% for the two to be equal, and it still has enough…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…