BoJ Hikes Rate Spike to 17-Year High, What It Means for Crypto Market?
For the first time in 17 years, the Bank of Japan (BoJ) raised interest rates to 0.5%, a significant leap from its previous levels.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
For the first time in 17 years, the Bank of Japan (BoJ) raised interest rates to 0.5%, a significant leap from its previous levels.
Prominent analyst in the crypto space Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel and could soon dip to $69.
While crypto advocates cheer the SEC’s decision, skeptics like Jacob King warn that the industry’s shift toward bank custody contradicts Bitcoin’s original vision of decentralization.
The increased activity has had a ripple effect on the ecosystem. This has pushed Solana’s native token SOL to a record-high price of over $294.33 after breaking a crucial resistance point.
BlackRock’s iShares Bitcoin Trust (IBIT) has seen significant inflows, acquiring over 11,000 BTC in the past week.
Algorand (ALGO) announced that the staking rewards program went live on the blockchain post a major consensus upgrade this week and the ALGO token soared by almost 5% in 24 hours.
Tama Meme’s debut on Ronin has sparked user participation, enabling massive memecoin creation.
Vitalik Buterin believes political tokens are not ideal because of the susceptibility to manipulation.
Morgan Stanley signals deeper crypto market involvement, working with US regulators to expand digital asset services while adapting to evolving regulatory landscape.
Fathom Holdings announces strategic Bitcoin investment and integration plans, marking a significant shift towards digital currency adoption in real estate transactions and treasury management.
Senator Cynthia Lummis has proposed legislation to establish a national bitcoin reserve, planning to purchase 1 million BTC worth $108 billion over five years.
Rus Yusupov introduces VINE memecoin on Solana, commemorating the legacy of the video-sharing platform with locked developer tokens and integration with X.
Arcblock (ABT) soared a massive 45% in the past 24 hours but failed to break through the $2 resistance and trades at a discount of 65.56% from the all-time high.
Trump reaffirms his commitment to making the US the global crypto capital, showing efforts to lead in cryptocurrency.
John McAfee-themed token AINTI is now trading after claims of account compromise were debunked.