Author: John Smith
Bitcoin, altcoins, and other assets like stocks and bonds traded within a tight range on Wednesday as the market awaited the first interest rate decision of the year. Bitcoin (BTC) traded at $102,000, while popular altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL) retreated by less than 5%. The top laggards were DeXe, Raydium, Jupiter, and Pudgy Penguins, which fell by double digits. Notable economists, including Mohammed El-Erian, expect the Federal Open Market Committee (FOMC) to leave interest rates unchanged at 4.50%. Today sees the first meeting of the year for the FOMC, the Federal Reserve’s top policy-making committee.Look…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s meme coins spark debate, while Lightchain AI’s $12.3m presale cements its position as a utility-driven contender. The cryptocurrency market is abuzz with Donald Trump and Melania Trump’s meme coins. These meme coins have sparked conversations about their potential influence on the broader crypto ecosystem. Meanwhile, Lightchain AI, a utility-driven blockchain project, continues to attract significant investor interest. Currently in its presale phase at $0.005625 per token and having raised $12.3 million, Lightchain AI is proving to be a…
Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork. This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals. The Plomin hard fork marks a shift from centralized decision-making to a system where the community has greater control. Before this upgrade, governance decisions were primarily influenced by the Cardano Foundation and other core contributors. Now, ADA holders can vote on governance actions either directly or through delegated representatives. For a hard fork to be enacted, certain technical and governance requirements must…
President Donald Trump’s media firm has launched Truth.Fi to expand into financial services and cryptocurrency investments like Bitcoin. Billionaire entrepreneur and two-time U.S. president Donald Trump has furthered his crypto ambitions by launching Truth.Fi through his media company, Trump Media & Technology Group. A Jan. 29 press release said Truth.Fi will allocate up to $250 million of the firm’s $700 million cash reserves to diversify its balance sheet, as approved by the board. According to the statement, the capital will target a swathe of investment options, including “Bitcoin and similar cryptocurrencies or crypto-related securities,” separately managed accounts or SMAs, and…
D3 Global has raised $25 million in a Series A funding round, with the funds set to help the domain infrastructure startup build its new blockchain network, Doma Protocol. Venture capital firm Paradigm led the series A round, D3 said in a press release on Jan. 29. Coinbase Ventures, Polygon Labs co-founder Sandeep Nailwal, and HubSpot founder Dharmesh Shah also participated in the funding round. D3 plans to use the capital injection to support further growth across the DomainFi economy. This includes leveraging technologies that enhance asset composability for domain name operators such as registrars and registries. New DomainFi blockchain…
Tapswap, the popular tap-to-earn platform on Telegram, is gearing up for its long-delayed token generation event. In a statement on X, Tapswap’s developers said they were preparing to launch a staking platform ahead of the airdrop. The staking feature will allow TAPS token holders to earn passive income while supporting the network. The developers are also working on a new skill-based game that users can play to earn rewards. This game is expected to launch before or shortly after the token generation event, which is scheduled for Valentine’s Day. Staking Made Simple with @tapswapai!With our upcoming platform, you can grow…
Senator Elizabeth Warren has demanded answers from Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, regarding his financial ties to Tether. Ahead of Lutnick’s Senate confirmation hearing, Warren sent a letter questioning his ability to serve impartially while maintaining connections to Tether (USDT). Warren cited Lutnick’s role as CEO of Cantor Fitzgerald, a key Tether partner that reportedly holds a 5% stake in the company. She raised concerns over Tether’s alleged involvement in illicit financial activities, including alleged ties to North Korean weapons programs, drug cartels, and terrorist groups. “I write to express serious concern about your nomination to…
Microstrategy’s stock, MSTR, has bagged second place on the Nasdaq 100 Component Year-to-Date Returns list, outpacing big names like Meta, Netflix, and Nvidia. As a primary benchmark for tech companies, the Nasdaq 100 highlights top performers through their Year-to-Date returns. As of Jan. 29, 2025, Constellation Energy Corp is out in front with a 22.93% YTD gain, followed by MicroStrategy Inc with a rise of 20.13%. However, big players, such as Meta, saw an increase of 12.7%, and Netflix saw a +0.04% change. NVIDIA, on the other hand, saw a decline in its stock price by 11%. NEW: MicroStrategy boasts the…
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether. According to TokenTerminal, Jito has generated over $261 million in fees this year, while Tether has earned $350 million. Jito’s performance has allowed it to surpass some of the biggest players in the crypto industry, including Ethereum (ETH) and Solana. It is also generating more revenue than leading DeFi platforms such as Aave, Uniswap, and Lido Finance. Jito’s rising fees coincide…
More than half of Gen Z adults currently own or have previously owned cryptocurrency, according to Gemini’s 2024 State of Crypto report. The survey, conducted across five countries and shared with crypto.news, highlights that younger investors are more actively engaged in digital assets compared to older generations. The findings suggest that Gen Z’s approach to digital assets could shape the future of investment and regulation. The report surveyed 6,000 adults in the U.S., U.K., France, Singapore, and Turkey between May and July 2024. Among Gen Z respondents (ages 18-29), 51% said they currently own or have previously owned cryptocurrency. That…