Crypto News
Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The economic outlook is uncertain, and the Committee is attentiveSource link
Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on Covenants
Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on CovenantsSource link
Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.Source link
FTX Founder Gary Wang Hopes to Avoid Prison—Unlike SBF and Caroline Ellison
Gary Wang's legal team asked for the FTX co-founder to be spared from prison, much like fellow exec Nishad Singh was after cooperating.Source link
Defi Nears $100 Billion Milestone as Crypto Market Heats Up
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on Thursday, the total valueSource link