Big names in the crypto world, like Coinbase, DCG, and Kraken, have joined forces to create a new nonprofit. They call it the American Innovation Project (AIP). Its goal? To teach policymakers about decentralized tech. As a 501(c)(3), AIP won't pay most taxes and its leaders won't be held personally
Scammers are now pretending to be lawyers to trick people who have already lost money in crypto scams. The FBI has issued a warning about these fake law firms that promise to help recover lost funds but instead steal more money. These scammers are clever. They contact victims out of the blue, claim
The financial world is buzzing with predictions about the Federal Reserve's next move. Investors are keeping a close eye on the upcoming Jackson Hole symposium, where big decisions often get made. But before diving into that, let's talk about the current mood in the market. Right now, selling the U
Crypto markets are seeing a big increase in leverage, reaching levels last seen during the bull market. This surge is driven by a strong demand for decentralized finance (DeFi) lending and a higher appetite for risk. However, this rapid growth in leverage is causing some stress points in the market.
Ethereum, a big name in blockchain, started in 2015 and quickly became a game-changer. It introduced smart contracts, which are like digital agreements that run themselves. This led to the creation of many crypto-assets, following a standard called ERC-20. Now, imagine a massive collection of data.
Crypto prices took a tumble recently, and it's all thanks to some unexpected news. The Producer Price Index (PPI) shot up by 0. 9% in July, which is a big deal because it's the highest jump in over three years. This news caught everyone off guard, especially since experts were only expecting a 0. 2%
Cryptocurrencies took a nosedive on Thursday, with Bitcoin leading the pack. The drop came after news that wholesale inflation was higher than expected, making investors nervous. Bitcoin, which had hit a new high of $124, 000 the day before, fell below $118, 000. It later bounced back a bit but stil
Ethereum ETFs have been on a roll, pulling in more money than Bitcoin ETFs for five days straight. This isn't just a small win—it's a big deal. Over the past five days, Ethereum ETFs have gathered about $3. 4 billion, while Bitcoin ETFs have only seen $966 million. That's a huge difference! So, wha
The stock market has always been shaped by big winners. They set the rules, create expectations, and move markets. But not every stock makes it. Some fade away, while others pivot and become giants. Take Apple, for example. In the late 1990s, it was struggling. But then it pivoted with products like
Dogecoin's price might have taken a small hit, but that hasn't stopped investors from showing their confidence. In just one day, they've put over 15 billion DOGE, which is about $3. 42 billion, into the derivatives market. This is a big deal because it shows that people still believe in Dogecoin, ev
