Crypto News

Crypto giants are rallying at the inaugural Crypto Ball, energized by President-elect Trump’s pro-crypto agenda and plans to position the U.S. as a blockchain leader. Crypto Ball: How Blockchain Giants Are Backing America’s Innovation Push The Inaugural Crypto Ball, set for Jan. 17, at Washington D.C.’s Andrew W. Mellon Auditorium, will celebrate American innovation alongsideSource link

The pressing question on crypto traders' minds is: Has bitcoin's (BTC) price weakness run its course, or is there more to come?The former appears to be the case as Monday's price action, characterized by a swift recovery from intraday lows, contrasted with mid-December when the rally stalled and turned lower from record highs above $108,000.On Monday, BTC initially fell as investment banks scaled back expectations for Fed rate cuts, with some discussing the potential for rate hikes following Friday's stellar jobs report, causing prices to dip below the lower end of the key support zone of $90,000-$93,000 as major U.S. stock indices gapped lower.The breakdown of the support, however, was short-lived, and by the end of the day, BTC had...

The U.S. is tightening AI chip exports, restricting GPUs to select countries while exempting allies to curb adversaries and retain dominance.Source link

The Hong Kong Monetary Authority (HKMA) alerts the public to a fraudulent website and internet banking login screen related to Chong Hing Bank Limited. (Read More)Source link

The Hong Kong Monetary Authority (HKMA) has issued a warning regarding a fraudulent website and internet banking login screen that impersonates The Bank of East Asia, urging customers to exercise caution. (Read More)Source link