News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Ethereum’s trendline indicates potential for $6,000 if momentum holds. XRP’s RSI downtrend resistance hints at an imminent breakout. Technical indicators suggest bullish potential for ETH and XRP.
Among the 8 major candidates, "Crypto Mom" has no intention of seeking the SEC chair position, while "Crypto Dad" is currently in the lead.
This "free money" game ultimately benefits only a few people.
With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration.The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.
- 22:47The probability of the Federal Reserve maintaining the interest rate unchanged in March is 84.5%According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates in March is 84.5%, and the probability of a rate cut by 25 basis points is 15.5%. By May, the likelihood of maintaining current interest rates is 61.6%, the cumulative probability of a rate cut by 25 basis points is 34.2%, and the cumulative chance for a rate cut by 50 basis points stands at 4.2%.
- 22:27Crypto Czar David Sacks: Stablecoins can be part of the global dominance of the US dollarCryptocurrency czar David Sacks suggests that stablecoins could form part of the global dominance of the US dollar. This could potentially increase demand for US debt at a trillion-dollar level and lower long-term interest rates.
- 22:19David Sacks: Unable to answer whether "sovereign wealth funds hold cryptocurrencies" or notDuring the question and answer session at the press conference, David Sacks responded to the last question by saying that studying the feasibility of Bitcoin reserves was one of the primary tasks directed by the president. This will be part of a government internal working group's research. "Putting cryptocurrency into sovereign wealth funds" is another issue, for which no answers could be provided at this press conference.