Crypto News

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in the benchmark federal funds rate. Persistent Inflation Pressures Fed, LeavingSource link

Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.Source link

Sphere Wif Hat? Solana Meme Coin Community Raises $690K to Send Dogwifhat to Las Vegas

On news of the Dogwifhat fundraiser’s success, WIF jumped 36% to set an all-time high and become the fourth-biggest meme coin in the world.Source link

Coinbase Nixes Page Promoting ‘Elizabeth Whoren’ Meme Coin

Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction.Source link

Bitcoin Is in Price Discovery—How Much Higher Will It Go?

Above $100,000 per coin this year is now looking more likely for Bitcoin, various analysts claim.Source link