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The Department of Government Efficiency (DOGE) office has ceased operations eight months early, marking the end of its role in federal cost-cutting efforts under the Trump administration. This development, confirmed by administration officials, shifts focus to streamlined rules for closing government units without performance-based hurdles. DOGE’s early dormancy stems from a new proposed rule easing […]
Crypto debanking refers to banks closing accounts of cryptocurrency executives without clear reasons, as seen in JPMorgan Chase’s recent action against Strike CEO Jack Mallers. Despite a Trump executive order banning such practices, concerns persist about ongoing restrictions on the crypto sector. JPMorgan Chase closed accounts citing “concerning activity,” echoing past debanking incidents in the […]
Ethereum’s Fusaka upgrade and emerging tokenomics like Uniswap’s fee burns are enhancing crypto token value capture, potentially driving prices higher by 2026, as noted by Bitwise CIO Matt Hougan. This shift from vague governance to direct holder benefits marks a key evolution in digital assets. Crypto tokens are evolving to better return value to holders […]
FG Nexus recently sold 10,922 ETH worth $32.7 million, trimming its Ethereum position amid a strategic shift toward tokenized products and digital assets. This move aligns with broader trends among treasury-focused companies like Sequans, which reduced its Bitcoin holdings during market volatility, signaling cautious adjustments in crypto exposure. FG Nexus’s ETH sale reflects a restructuring […]
Quantum computing poses a potential threat to Bitcoin’s encryption and privacy, according to VanEck CEO Jan van Eck, who warns that his firm would abandon the asset if it becomes fundamentally compromised. However, the risk remains distant, offering time for the Bitcoin community to adapt. Quantum computing could break Bitcoin’s current encryption methods, endangering transaction […]
Bitcoin’s longest weekly slump in over a year stems from sustained selling pressure and macroeconomic uncertainties, positioning it for its worst quarter since 2018 with a 24.43% loss. Despite a recent 6% rebound to $87,400, analysts warn of potential bull traps amid Federal Reserve policy shifts. Fourth consecutive weekly loss: Bitcoin has declined for four […]
XRP is approaching the critical $1.8871 support level amid sustained downside pressure from recent chart patterns, with increasing ETF inflows adding to market dynamics. This zone has historically triggered strong buyer reactions, potentially halting the downtrend if volume supports a rebound. XRP breaks out of multi-month consolidation and targets $1.8871 support. Chart indicators reveal lower […]
Grayscale Research identifies Chainlink as essential infrastructure for tokenized finance, enabling secure real-world data integration and crosschain settlements for institutional adoption. Institutions are testing Chainlink’s capabilities with banks and blockchain networks to facilitate tokenized asset movements. Chainlink serves as critical middleware for connecting off-chain data to blockchains in tokenized finance ecosystems. Institutional pilots demonstrate Chainlink’s […]
Ethereum is currently testing a critical support level around $2,800 amid whale accumulation and ETF outflows. Large investors are buying millions in ETH, signaling confidence, while spot price holds steady despite broader market pressures, with potential valuations ranging from $12,000 to $62,500 according to analyst models. Ethereum’s price is at a pivotal support zone, with […]