BJ By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is a sea of green as traders look past the stagflation specter raised by the Fed on Wednesday and cheer President Donald Trump’s hint of a big trade-deal announcement with a major trading partner. Bitcoin jumped 2.6%, nearing $100,000, even with the WSJ … Read more
A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users. The proposal, if successful, will make it so Sei users will only be able to send and receive transactions that are compatible with Ethereum. Cutting Cosmos support will significantly simplify the blockchain, reduce … Read more
The ether-bitcoin (ETH/BTC) ratio has reached an “extremely undervalued” zone in a move that flashes a historically bullish signal — but traders betting on a sharp ether (ETH) recovery may want to pause. According to data from on-chain data firm CryptoQuant, the ETH/BTC market value to realized value (MVRV) ratio has dropped to multi-year lows … Read more
Hidden Road, a prime broker that focuses on crypto and traditional assets, which recently agreed to be acquired by Ripple, is opening an office in Abu Dhabi, according to two people with knowledge of the matter. The office will be led by James Stickland, a partner at the firm, said the people, who spoke on … Read more
Changpeng “CZ” Zhao, founder and former CEO of Binance, confirmed on a podcast that he has formally applied for a presidential pardon from Donald Trump—less than a year after serving a four-month sentence in a U.S. federal prison. Zhao shared the update on an episode of the Farohk Radio podcast, stating that his legal team … Read more
Bitcoin (BTC) flirted with $100,000 Thursday as major cryptocurrencies including dogecoin (DOGE) and Cardano’s ADA led crypto market gains, boosted by dovish signals from the Federal Reserve and a pending trade deal teased by U.S. President Donald Trump. DOGE added 5% and ADA jumped 4%, while ether (ETH), BNB Chain’s BNB, xrp (XRP) and Solana’s … Read more
Bitcoin (BTC) is fast closing on the $100,000 mark as U.S. President Donald Trump teased a major trade deal, with reports suggesting it could be with the U.K. The upswing in prices is consistent with the cryptocurrency’s broader bullish technical setup and buoyant risk sentiment in traditional markets. As of this writing, the Asian stocks … Read more
Arthur Hayes has a message for crypto investors and bitcoin (BTC) HODLers obsessing over Federal Reserve policy as the U.S. and China inch toward a trade deal: You’re watching the wrong institution. “The real show is at the Treasury Department. Ignore the Fed. It doesn’t matter,” Hayes told CoinDesk in a recent interview. “Powell didn’t … Read more
Bitcoin zoomed close to $100,000 early Thursday as President Donald Trump said a tariff deal with a “big, highly respected country” is to be announced soon. Trump will hold a “major” trade deal news conference at 10 a.m. ET, where the announcement is supposed to be the “first of many.” The identity of the country … Read more
The Federal Reserve is growing increasingly alert to stagflation risks—an uneasy mix of slowing growth and rising inflation that could challenge policymakers. While Chair Jerome Powell insisted that the economy is in “good shape” and emphasized that the central bank is in “a good position to wait and see,” prior to shifting policy, subtle changes … Read more
