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Interest rate cuts and expansions of the monetary supply have a positive effect on asset prices, especially Bitcoin and other cryptocurrencies. The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures. According…
Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him. Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex. In a March 12 notice, the CBI said police in the…
On March 11, Franklin Templeton became the ninth firm to file for an XRP ETF, though giants like BlackRock have yet to join the race. American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States. Franklin…
Stablecoin firm Paxos is worried that the adoption of its USDG stablecoin may be affected by global regulatory arbitrage related to stablecoins. US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight. Charles Cascarilla, co-founder and CEO of…
Dustin Moskovitz is retiring from Asana, the software company he founded in 2008. Asana, a task management platform, announced his retirement as part of the company’s fiscal fourth-quarter earnings report, CNBC reported. Moskovitz informed the board he intends to move into a chair role when a new CEO starts. The company has raised more than…
European lawmakers have yet to respond to Trump’s Bitcoin reserve order as the ECB pushes ahead with its digital euro plans for an October 2025 launch. European lawmakers have remained silent on the United States’ Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President…
Despite being one of three altcoins to be included in President Trump’s Digital Asset Stockpile, Solana continues its price decline. Solana has fallen nearly 29% since the start of 2025, despite the injection of $10 billion in new liquidity and its inclusion in the US Digital Asset Stockpile, according to TradingView data. The decrease comes…
Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support. Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve. President Donald Trump’s executive order,…
Strategy founder Michael Saylor says the US government should aim to hold a quarter of Bitcoin’s entire supply by 2035, when 99% of all BTC will have been issued. Strategy founder Michael Saylor has proposed that the United States government aims to acquire up to 25% of Bitcoin’s total supply over the next decade for…
Last year was a monumental year for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch. Three companies raised more than one “mega-round” last year, and seven companies raised rounds at $1 billion or larger. How…