News
Scott Bessent Rejects Bitcoin Bailout as Crypto Market Plunges
2+ hour, 19+ min ago (413+ words) Treasury Secretary Scott Bessent has said that the Treasury Department cannot bail out Bitcoin. Bessent clarified this while responding to questions from Congressman Brad Sherman in a hearing before the House Financial Services Committee. Rep Sherman questioned Bessent's authority. He…...
Donald Trump May Pick Bitcoin Ally Kevin Warsh as Next Fed Chair
6+ day, 1+ hour ago (670+ words) Donald Trump is reportedly close to naming Kevin Warsh as the next Federal Reserve chair. The announcement is expected on January 30. Market reactions hint at caution on Bitcoin price and crypto assets in general in the near term. Kevin Warsh,…...
US Dollar Index Hits 4-Year Low, Bitcoin Rally on Horizon
1+ week, 20+ hour ago (556+ words) The US Dollar Index has just hit a four-year low, with US President Donald Trump still thinking "it's doing great." As the purchasing power of the USD erodes, precious metals like Gold and Silver are enjoying an unprecedented bull run....
Will Bitcoin Price Break Out After Trump Signals Fed Chair, Rate Cuts?
1+ week, 21+ hour ago (592+ words) During a speech in Iowa on January 27, President Trump said that he would soon announce his nominee to replace Federal Reserve Chairman Jerome Powell, whose term ends in May 2026. Trump said a "great" new Fed chair would signify drastic rate…...
Bitcoin Price Prediction Ahead of Fed’s First 2026 Rate Decision
1+ week, 5+ day ago (641+ words) Bitcoin price suffered a big reversal this week, erasing all the gains made earlier this week. It has crashed from the year-to-date high of $97,957 on January 14 to a low of $87,400. The article explores expectations for the Federal Reserve's first interest…...
CZ Says Trump Liquidity Push Could Fuel a Crypto Supercycle
2+ week, 5+ day ago (599+ words) Changpeng Zhao believes that a crypto supercycle is coming, helped by the ongoing liquidity push by Donald Trump. He said Bitcoin stayed in a bear market, and noted most altcoins also faced the same trend. They fell by over 20% from…...
Crypto News: December CPI Cools on Core as Inflation Holds
3+ week, 1+ day ago (470+ words) US inflation data for December has finally dropped, revealing numbers that are slightly below expectations. According to the data, the core consumer price index (CPI), excluding food and energy prices, increased by only 0.2% compared to November. The CPI also increased…...
Crypto Warning: Supreme Court Ruling Creates New Downside Risks for Crypto Markets
3+ week, 5+ day ago (878+ words) Crypto warning surfaced Thursday as analyst Dan Gambardello flagged upcoming Supreme Court decision on tariffs that could cause volatility across crypto markets. The ruling, scheduled for Friday morning, has high odds of declaring the tariffs illegal, which would force a…...
Japan 5-Year Yield Hits 2007 High as BOJ Signals More Hikes
1+ mon, 1+ hour ago (602+ words) Japan's 5-year government bond yield reached 1.60% on January 5, matching its highest level since June 2007. The milestone came as Bank of Japan Governor Kazuo Ueda signaled the central bank will continue raising interest rates if economic and price developments move in…...
Five U.S. Data Events That Could Shift Markets Next Week
1+ mon, 7+ hour ago (511+ words) After the US attack on Venezuela over the past weekend, global markets are now bracing for key US data releases this week. The ISM Manufacturing PMI data and the US jobs data will be key to watch. The cryptocurrency market…...