Can Trump Fire Powell? Federal Reserve Chair Jerome Powell Testimony fielded questions at Congress on everything from inflation to rate cuts for a second Day. Over two days of testimony, Federal Reserve Chair Jerome Powell fielded questions from Congress on everything from inflation and monetary policy to crypto banking and the Fed’s autonomy. His careful
XRP is moving sideways above $2. Where will it go next? Key Support levels: $2, $1.6 Key Resistance levels: $2.5, $3 1. Momentum is Stalling Since early February, XRP appears to be consolidating above the $2 support level while moving sideways. Buyers tried a few times to bring the price above $2.5, but they have
MatterFi has partnered with layer1 blockchain Trrue to integrate its wallet and custody infrastructure into Trrue’s ecosystem. According to the press release received by crypto.news, AI fintech solutions firm MatterFi has established a strategic partnership with layer1 blockchain Trrue. The collaboration will start by bringing together Brinks Global-backed MatterFi’s secure wallet and Trrue’s native token
Key Takeaways Coinbase is engaging with Indian regulators for re-entry after halting operations over regulatory challenges. The timeline for Coinbase’s return depends on securing approvals like an FIU operating license. Share this article Coinbase is actively working with relevant Indian authorities, including the Financial Intelligence Unit (FIU-IND) in a bid to re-establish its presence in
Phoenix Group, a popular Bitcoin mining company based in the UAE, has reported a staggering 236% increase in its 2024 revenues. On 12 February 2025, the company revealed that its mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. “This represents an astounding 1852%
If state-level strategic Bitcoin reserve bills are enacted, “they could drive $23 billion in buying or 247,000 BTC,” said VanEck’s dead of digital assets research, Matthew Sigel, on Feb. 12. “This sum is independent of any pension fund allocations, likely to rise if legislators move forward,” he added before stating that the $23 billion was
The Cboe BZX Exchange is seeking SEC approval to introduce staking for the 21Shares Core Ethereum exchange-traded fund. In a recent filling submitted as a Form 19b-4, Cboe BZX has requested SEC approval for the Ethereum (ETH) held within the fund to be staked. This is first time an ETF in the U.S. has proposed
Key Takeaways Binance’s former CEO is considering launching a meme coin inspired by his Belgian Malinois dog. The coin may interact with existing meme coins on BNB Chain if it’s launched. Share this article Changpeng Zhao (CZ) is mulling over launching a meme coin inspired by his Belgian Malinois dog, which might also interact with
Changpeng Zhao, known as CZ, former CEO of Binance, has made a candid critique of the exchange token listing process. In a series of posts on social media, CZ has expressed his concerns that the system is “a bit broken,” in light of the recent listing of a new TST meme coin on the crypto
zkLend, a decentralized finance lending protocol on Starknet, has suffered a major security breach. As a result, it lost approximately 3,700 ETH, worth around $4.9 million. The exploit has forced the platform to pause withdrawals while investigations continue. Response to the Exploit zkLend confirmed the incident in a series of X posts on February 11,