Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook

An Australian custom shoemaker is using VeChain to verify the authenticity of its licensed Nike shoes. 1490 Total views 20 Total shares Blockchain-based traceability platform VeChain will be used to power the issuance of a limited-edition run of licensed Nike Air Max 1 shoes.Announced on June 24, Australian shoemaker Chase Shiel and retailer The Kickz…

Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021. 194 Total views 85 Total shares A new report from Chainalysis has found that while China’s share of global criminal crypto flows has been falling since the third quarter of 2019, the…

Bitcoin’s (BTC) institutional adoption shows no signs of slowing down. This week Latin America’s largest e-commerce company, Mercado Libre, disclosed that it had purchased $7.8 million worth of Bitcoin as part of its treasury strategy. Mercado Libre was not only in this decision, as Metromile Inc., a Nasdaq-listed digital insurer also said it plans to buy $10 million…

Binance’s official digital currency wallet app Trust Wallet has added staking for cryptocurrencies. The development was announced by Binance in a blog post published on April 3.The staking feature — which is scheduled to be launched by Binance by the end of the second quarter of 2019 — enables users to earn dividends or interest…

Bitcoin (BTC) held on to $7,000 support on Dec. 20 as a major sentiment indicator revealed investors were still highly panicked by current price action.Cryptocurrency market daily overview. Source: Coin360Bitcoin surpasses 2018’s “extreme fear”Data from Coin360 and Cointelegraph Markets showed BTC/USD repeatedly test the $7,000 barrier on Friday, each time bouncing off to linger around…

A spokesperson from Huobi Global says rumours of layoffs are "untrue" and the "senior management team is performing their duties as per normal." 268 Total views 7 Total shares Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover…

The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017. 2545 Total views 21 Total shares U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of Centra Tech — the company behind a notorious…

Catherine Coley, CEO of Binance.US, says that traditional finance now recognizes that crypto involves “real assets and real customers with real business models.” 344 Total views 36 Total shares “We're finally recognizing that crypto is just another opportunity in our financial future, rather than seeing it as a kind of misfit or unacceptable type of…

Amid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or placing high-risk coins on an investor warning list. 609 Total views 2 Total shares South Korea's cryptocurrency market continues to transform under the weight of mounting regulatory pressures. Major crypto exchanges such as Upbit have…