In addition to Fed commentary, industry watchers are also concerned over network decentralization after it was reported that two mining pools now control more than half of Bitcoin’s hashrate.
Rapper Ye, formerly known as Kanye West, announced the launch of YZY Money on Wednesday, marking a dramatic reversal from his February stance against celebrity meme coins.
According to a report by Reuters, China’s cabinet is expected to review and potentially approve a roadmap later this month aimed at promoting wider use of the yuan internationally.
Kenneth Rogoff, former Chief Economist at the International Monetary Fund, on Tuesday evaluated his failed 2018 projection that Bitcoin (CRYPTO: BTC) would be worth $100 rather than $100,000 within a decade.
Cathie Wood-led Ark Invest made significant trades on Tuesday with notable activity in Bullish (NYSE:BLSH), Robinhood Markets Inc. (NASDAQ:HOOD), and Tempus AI Inc. (NASDAQ:
Brokerage firm Bernstein on Tuesday reaffirmed its most bullish outlook on digital assets, projecting Bitcoin (CRYPTO: BTC) to reach $200,000 while identifying Solana (CRYPTO: SOL) and Ethereum
Tim Hafner, CEO and co-founder of OpenServ, believes social analytics are on track to become as central to trading as traditional price and volume data, underscoring a structural shift in how markets are interpreted.
The sharp crypto sell-off followed July’s PPI inflation report and U.S. Treasury Secretary Scott Bessent’s statement ruling out more Bitcoin Reserve purchases.
