US prosecutors are pushing back against efforts to introduce crypto policy arguments in the case of two brothers accused of exploiting Ethereum using maximal extractable value (MEV) bots. In a Tuesday filing in the US District Court for the Southern District of New York, US prosecutors opposed an amicus curiae — a brief filed by…
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The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%. Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast: “November…
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Some members of Solana’s Chinese community have reportedly expressed concerns that attendees were denied entry to a blockchain event as the country continues its crackdown on digital assets. According to a Wednesday report from the South China Morning Post, the Solana Accelerate APAC series event being held in Shenzhen on Tuesday was cut short amid…
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Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening jobs market and inflation, despite believing that interest rate cuts will continue into 2026. Bitcoin (BTC) price tumbled to $109,200 ahead of Wednesday’s US Federal Reserve decision…
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Michael Saylor, the co-founder of Strategy, the biggest Bitcoin (BTC) treasury company by holdings, forecast that Bitcoin would hit $150,000 by the end of 2025. “I think that these 12 months have probably been the best 12 months in the history of the industry,” Saylor told CNBC at the Money 20/20 conference in Las Vegas…
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Former Binance CEO Changpeng “CZ” Zhao is reportedly considering filing a libel suit against Massachusetts Senator Elizabeth Warren over claims related to him allegedly bribing US President Donald Trump for a pardon. According to a Tuesday New York Post report, Zhao’s lawyer, Teresa Goody Guillén, a partner at Baker & Hostetler, said the former Binance…
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Key points: Bitcoin’s failure to rise above $118,000 may have attracted profit-booking by short-term traders, resulting in a drop toward $107,000. Several major altcoins turned down from their overhead resistance levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) bulls are attempting to sustain the price above $111,000, but the bears have continued…
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For years, investors have argued that money printing would weaken fiat currencies and push scarce assets, such as Bitcoin (BTC), dramatically higher. That view, once dismissed as niche, has now entered the mainstream in a big way. In a new interview with Cointelegraph, hedge fund manager and macro expert James Lavish broke down the growing…
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Crypto exchange Binance is partnering with blockchain data platform Bubblemaps to give users of its non-custodial Web3 Wallet more insight into potential insider trading and token manipulation. The integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps’ blockchain data visualization tool to view token distribution and onchain wallet clusters, aiming to add…
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Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Fed rate-cut anticipation sees new record highs for the S&P 500. Bitcoin (BTC) stayed under pressure at Wednesday’s Wall Street open as US stocks hit…
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