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According to a report by Bloomberg on February 9, a growing number of cryptocurrency companies are seeking well-connected lobbyists or policy experts to strengthen their presence in Washington and stay in touch with the new digital asset-friendly government. According to people familiar with the matter, cryptocurrency companies that have recently expressed interest in hiring lobbyists or policy experts include Uniswap, IOHK, Kraken, Jump Trading, and the Solana Foundation. Many cryptocurrency co...
According to on-chain analyst Ember monitoring, the giant whales are speculating on coins and holding positions for a shorter and shorter time. The giant whales who have been buying and selling WBTC only used 42.43 million USDT to buy 406.6 WBTC last night and sold it this morning (3 hours ago). Entered at a price of $104,366 and sold at a price of $106,060. Earned $680,000. So far, he has bought and sold WBTC 5 times in 4 months, with a 100% winning rate. A total profit of $19.62 million.
Cryptocurrency traders are increasingly being targeted for kidnapping and extortion, as highlighted by several cases in recent weeks. A man in France was kidnapped nearly 500 kilometers after his kidnappers demanded a ransom from his crypto-influencer son over crypto networks; a trader in Pakistan was forced to transfer $340,000 at Binance; and the CEO of Canada's WonderFi was freed after paying a million-dollar ransom for kidnapping. According to blockchain analytics firm Chainalysis, in 2023, ...
Federal Reserve Barkin: There is a growing recognition that long-term interest rates may not fall as sharply as once hoped.
Silver medium-term is expected to usher in a round of outbreaks, which has become increasingly widely expected; financial blog Zero Hedge analysts pointed out that multiple angles show that extreme speculative sentiment in U.S. stocks has returned.
According to a report by research economists at the US Treasury, a growing number of low-income households are using the proceeds from crypto investments to apply for mortgages. Among low-income households, "cryptocurrency sales may support access to larger mortgages through larger down payments," the report said. In a report released Nov. 26 by the Treasury's Office of Financial Research, researchers Samuel Hughes, Francisco Ilabaca, Jacob Lockwood, and Kevin Zhao wrote. They added: "The increa...
The dollar weakened in Asian trading on Monday as traders increasingly bet on the Federal Reserve cutting interest rates by 50 basis points this week. The dollar's decline boosted major currencies such as the yen, which rose to its highest level since July 2023. After weeks of debate over whether the Federal Reserve will kick-start its easing by cutting interest rates by 25 basis points or 50 basis points, traders are leaning towards the latter option.
Trump said that bitcoin has become increasingly valuable since its inception, making it the ninth most valuable asset in the world. It will soon surpass silver and may surpass gold in the future.
Rumors are mounting that US President Donald Trump wants to build a US bitcoin reserve, and rival independent candidate Robert F. Kennedy Jr. said he would go further. In an interview on Wednesday, the independent candidate said he would urge the federal government to buy bitcoin until its BTC holdings match the size of the country's gold reserves.
BitForex posted on the X platform that it has recently noticed more and more fraudsters claiming that they can help users withdraw assets from BitForex, reminding them not to believe them. The only way to withdraw assets is through the official BitForex website (when it reopens).
Analysts have pointed out that more and more companies are beginning to adopt bitcoin, which will be a key factor driving it higher.
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