Federal Reserve Chair Jerome Powell has signaled a dovish turn in monetary policy, emphasizing rising risks in the U.S. labor market a move that has fueled optimism for another Fed rate cut this month and triggered a rebound in Bitcoin prices. Speaking at the Annual Meeting of the National Association for Business Economics, Powell noted that the outlook for employment and inflation has remained largely unchanged since September. This suggests the Federal Open Market Committee (FOMC) is likely to deliver another rate cut in October, reflecting the central banks growing concern over labor...

VanEck has officially submitted its fifth amendment for the spot Solana ETF (ticker: VSOL) to the U.S. Securities and Exchange Commission (SEC), outlining a 0.30% management fee and an innovative staking strategy. The filing confirms that the ETF aims to mirror Solanas market performance while generating additional yield through stakingmaking it the first hybrid digital asset fund structure of its kind in the U.S. According to the updated filing, VanEck will partner with third-party staking providers such as SOL Strategies to handle delegation and yield management. Provider selection will...

Japan is set to criminalize cryptocurrency insider trading through a new legal framework that will regulate digital assets similarly to traditional securities. The initiative, led by the Financial Services Agency (FSA) and the Securities and Exchange Surveillance Commission (SESC), aims to strengthen market transparency and protect investors in the countrys fast-growing crypto industry. According to a report by Nikkei Asia, the proposed legislation will be submitted to parliament in 2026. It will prohibit trading cryptocurrencies based on undisclosed or privileged information, with penalties...

Pantera Capital CEO Dan Morehead recently revealed that MicroStrategys Michael Saylor played a major role in reshaping his views on institutional Bitcoin investing. During a podcast appearance, Morehead, one of Bitcoins earliest adopters, admitted that he initially didnt understand Saylors approach. However, witnessing how mutual funds made billions through Saylors strategy completely changed his perspective. They invested less than a billion dollars and made six billion in profits for their investors, he explained. Thats what opened my eyes. It allows different types of investors to get...

The cryptocurrency market is reeling after Grayscale, one of the largest digital asset management firms, made massive deposits of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) to Coinbase Prime on October 14. According to on-chain data shared by Lookonchain, Grayscale transferred 1,856 BTC, 29,718 ETH, and 10,516 SOLworth roughly $358 millionprompting widespread speculation of a potential sell-off amid the ongoing market downturn. This move comes as the broader crypto market faces intense selling pressure, with leading assets like Bitcoin and Ethereum trading in deep red. Analysts suggest...

The cryptocurrency market is showing signs of recovery after a weekend of intense volatility that triggered a historic $19 billion in liquidations on Friday. The sudden downturn, driven by tariff-related concerns, marked one of the largest flash crashes in crypto history, wiping out billions in leveraged positions across Bitcoin, Ethereum, and altcoins. Dogecoin (DOGE), one of the hardest-hit cryptocurrencies, plunged to a low of $0.15 its weakest level since June after falling from a recent peak of $0.27 on October 6. However, DOGE investors are now breathing a sigh of relief as the meme...

XRP has officially confirmed a death cross against Bitcoin, signaling a potentially bearish phase for the cryptocurrency. The 23-day moving average has fallen below the 200-day average, a technical pattern traders often view as a warning sign of further downside. Currently, XRP/BTC trades near 0.00002247 BTC, with Bitcoin valued around $111,000, placing XRPs dollar price at approximately $2.49. This death cross comes on the heels of last weeks intense liquidation event that saw XRP/BTC briefly plunge to 0.000013 BTC before bouncing back. While the recovery appeared encouraging, the broader...

Crypto markets experienced sharp declines on Tuesday, but signs of relief from the U.S. Federal Reserve and investor optimism helped digital assets recover from their worst levels. Bitcoin (BTC) dropped to $109,800 after reaching nearly $116,000 overnight but rebounded to around $112,600, marking a 2.8% loss in the past 24 hours. Ethereum (ETH) slipped 4% to $4,146, while BNB, XRP, and Dogecoin also fell between 4% and 6%. The CoinDesk 20 Index was down 3.2%, reflecting widespread selling pressure. Federal Reserve Chair Jerome Powell provided a glimmer of hope, signaling that the central bank...

The wind-down of defunct crypto lender Celsius has resulted in a major financial recovery, with nearly $300 million secured from Tether, according to a Tuesday announcement by the Blockchain Recovery Investment Consortium (BRIC) a group formed by GXD Labs and VanEck. BRIC was created to maximize recoveries in complex digital asset bankruptcies, such as that of Celsius Network, which was among the most high-profile collapses during the 2022 crypto winter. GXD Labs, a subsidiary of Atlas Grove Partners, and asset manager VanEck continue to manage a portfolio of illiquid and litigation-linked...

Bridge, the stablecoin infrastructure company acquired by payments giant Stripe, has applied for a national bank trust charter with the U.S. Office of the Comptroller of the Currency (OCC), co-founder Zach Abrams announced Wednesday. If approved, Bridge would fall under federal oversight, allowing it to provide regulated services such as stablecoin issuance, custody, and reserve management. Abrams emphasized that this move aligns with Bridges long-term vision. Weve long believed stablecoins will be a core, regulated financial building block, he shared on X. This regulatory infrastructure will...