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Terraform’s Do Kwon to go on criminal trial in early 2026
Do Kwon, founder of Terraform Labs, is officially heading to trial in January 2026. The charges? Criminal fraud tied to the $40 billion collapse of TerraUSD and Luna, two cryptocurrencies that turned the crypto market upside down in 2022. The trial, set to take place in New York, will be overseen by Judge Paul Engelmayer […]Cryptopolitan
Wed, Jan 8
Bitcoin wallet developer Exodus officially goes live on the New York Stock Exchange
Exodus CEO JP Richardson and the leadership team led the opening bell-ringing ceremony at the New York Stock Exchange (NYSE) today, January 8, 2025. The bell ringing signifies a significant milestone for the bridge developing between traditional financial systems and cryptocurrency firms. Exodus Movement Inc. is a leading self-custodial cryptocurrency software platform. The company was […]Cryptopolitan
Wed, Jan 8
Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago clu...NewsBTC
Wed, Jan 8
Fed minutes show officials against rate cuts, cautious of Trump
The Federal Reserve is definitely pumping the brakes on rate cuts, and they’re blaming uncertainty surrounding President Donald Trump. Minutes from the Fed’s December meeting dropped today, showing us a room full of officials who are uneasy about inflation and scratching their heads over what Trump’s policies on trade and immigration might mean for the […]Cryptopolitan
Wed, Jan 8
Trump-backed NFT collection debuts on Bitcoin’s ordinals protocol
Donald Trump’s newest foray into the digital collectibles market has begun with the launch of the “Trump Bitcoin Digital Trading Cards.” The first 160 collection items were launched on the Bitcoin blockchain using the Ordinals protocol, a method of inscribing individual assets on satoshis, the smallest unit of Bitcoin. Collectors who bought 100 NFT cards […]Cryptopolitan
Wed, Jan 8
MicroStrategy reports over $14 billion gains on its BTC holdings
Bitcoin investment company MicroStrategy made a 74.3% yield on its Bitcoin acquisition for 2024, translating into a gain of 140,630 BTC. The firm’s chairman, Michael Saylor, disclosed this on X, noting that the company bought 258,320 BTC in 2024 for $22.07 billion. According to Saylor, the Bitcoin acquisition created massive value for MicroStrategy investors as […]Cryptopolitan
Wed, Jan 8
AMD shares went down 5% on analysts’ lower ratings
Advanced Micro Devices (AMD) was downgraded from “Buy” to “Reduce” and its price target was cut from $200 to $110, or nearly half, by analysts at HSBC on Wednesday. The AMD stock shed 5% due to the HSBC downgrade. The analysts said the recent review was necessitated by concerns over the company’s ability to compete […]Cryptopolitan
Wed, Jan 8
Who will president Trump pick to replace outgoing CFTC chair Benham?
The search is on. With Rostin Behnam stepping down as Chair of the Commodity Futures Trading Commission (CFTC) on January 20, President Trump is hunting for someone to reshape the agency into a crypto-friendly powerhouse. Behnam’s exit leaves a vacuum in one of the most important regulatory bodies overseeing U.S. financial markets. Trump’s decision could […]Cryptopolitan
Wed, Jan 8
Fed Governor Waller supports rate cuts despite Trump tariff concerns
Federal Reserve governor Chris Waller reiterated his support for rate cuts this year, even though inflation is a worry. Despite new tariff threats from President Trump’s administration, Waller said on Wednesday that he was optimistic the inflation would continue to fall. According to ABC News, Waller said in a Paris speech, “I believe that inflation […]Cryptopolitan
Wed, Jan 8
70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash
Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world’s largest crypto exchange. Moreover, the lofty Dogec...NewsBTC
Wed, Jan 8
Dogecoin’s Bullish Case Hinges On Key Bitcoin’s Price Movement, Here’s How
Recent price movement points to a notable upside momentum for Dogecoin in the upcoming days as the general crypto market gains traction. However, certain indicators show that the dog-themed meme coin’s next upward move might be tied to Bitcoin’s price dynamics. Will Bitcoin’s Price Actio...Bitcoinist
Wed, Jan 8
UPDATE 2-Blockchain firm Movement Labs targets $3 billion valuation in funding round, source says
Adds CoinFund's response in paragraph 3By Niket NishantJan 8 (Reuters) - Movement Labs is raising fresh capital in a round that could fetch $100 million and value the blockchain developer at $3 billion, according to a source familiar with the matter said on Wednesday. The Series B round is being le...Reuters
Wed, Jan 8
Sonic SVM unveils multimillion-dollar fund for Web3 gaming and AI agents development
Sonic, a Solana layer-2 blockchain, has partnered with Galaxy Interactive, a venture investment firm, to unveil a multimillion-dollar fund to advance Web3 gaming and other emerging crypto sectors.Cryptopolitan
Wed, Jan 8
30-year interest rates are now lower in China than in Japan
The Kobeissi Letter indicated that China recorded lower interest rates for the first time in 30 years than Japan. The report also highlighted that China’s economy is currently described as a “deflationary spiral,” as seen in Japan in the 1990s.Cryptopolitan
Wed, Jan 8
Here’s Why The Shiba Inu And Dogecoin Prices Have Crashed More Than 10% Today
The Shiba Inu and Dogecoin prices have suffered double-digit losses today, having started the week on a positive note. This price drop has occurred thanks to macroeconomic factors, which present a bearish outlook for these coins. Why The Shiba Inu And Dogecoin Prices Crashed Today CoinMarketCap data...Bitcoinist
Wed, Jan 8
GTA 3 dev shares how iconic cinematic camera was born
According to a former Rockstar Games developer, the cinematic camera angle that has become ingrained into Grand Theft Auto was inspired by a “boring” train ride in the game. First appearing in GTA 3, the feature brought the series from the top-down view to 3D and kicked off a new era of action-adventure gaming, Former […]Cryptopolitan
Wed, Jan 8
Cynthia Lummis looks forward to SEC reforms with Atkins
Senator Cynthia Lummis is working to promote Bitcoin and improve crypto regulations. She met with SEC Chair nominee Paul Atkins to discuss fixing the SEC’s rules and her plan for the U.S. to buy one million Bitcoins. Lummis wants clear rules to make the U.S. a leader in digital assets. Cynthia Lummis had a meeting with […]Cryptopolitan
Wed, Jan 8
PEPE In Jeopardy? Bearish Momentum Drives Price Toward $0.00001731
PEPE is under pressure as its price approaches the critical $0.00001731 level, a support zone that has repeatedly tested bulls’ resilience. The renewed bearish momentum highlights growing concerns about the token’s ability to maintain stability in the face of intensified selling activity. Rece...NewsBTC
Wed, Jan 8
Solana Vs Cardano, But ChatGPT Reveals New Hidden Gem Lightchain AI As Highest Potential Buy
Solana and Cardano have long been titans in the blockchain space, each offering unique strengths that attract developers and investors alike. Solana’s high-speed transaction capabilities and low fees make it a preferred platform for DeFi and NFT projects, while Cardano’s research-driven approach and focus on scalability have established it as a leader in sustainable blockchain […]Cryptopolitan
Wed, Jan 8
