Crypto News

U.S. President Donald Trump launched a blistering critique of Federal Reserve Chair Jerome Powell this week, intensifying his demand for lower interest rates as Rep. Thomas Massie (R-Ky.) reinforced concerns about the central bank’s fading influence. Trump Slams Fed as Nation Ranks 35th in Global Interest Rates President Donald Trump is once again targeting FederalSource link

The Czech government has weathered a political storm this week, surviving a no-confidence vote triggered by a $45 million bitcoin payment from a convicted criminal.The scandal has rocked Prime Minister Petr Fiala’s administration months before national elections, Reuters reports.The payment of 468 bitcoin was made to the state by a man previously jailed for running a darknet drug marketplace called Sheep Marketplace.The donation was accepted by then-Justice Minister Pavel Blazek, who later resigned amid the backlash, on behalf of the government. The bitcoin was sold for roughly 1 billion Czech koruna, worth around $45 million.Opposition party ANO, which leads polls ahead of the October vote, filed a no-confidence motion and accused the ruling coalition of potentially aiding in the laundering...

While bitcoin has held its ground above the $100,000 threshold for 45 straight days, it has experienced a modest dip since June 16, when it peaked at $108,990 per coin. Even with the price slipping into the $103,000 to $105,000 band, a wave of long-dormant wallets from 2017 has stirred to life, unloading 801.58 BTCSource link

Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer.That's the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa.At the time of writing, risk reversals based on Deribit-listed bitcoin and ether options indicated that investors were positioning for downside volatility over the summer.BTC's 25-delta risk reversals for June, July, and August tenors were negative, indicating a preference for put options, which offer downside protection, over calls or bullish bets, according to data source Amberdata. In ETH's case, puts were pricier out to the July end expiry.Traders typically...

MapleStory N is banning thousands of hackers a day, as abusers try to make a quick buck off the Avalanche blockchain game.Source link