Tag Archives: United States

Following bitcoin’s euphoric rally on Sunday, the leading crypto asset has returned to levels below the $84,000 range, recording a 10% decline in the last 24 hours. Market experts have attributed this decline to the lack of positive sentiment among United States investors. Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the bitcoin market will continue to struggle until sentiment improves among U.S. investors. Bitcoin Market is Slow Ju...

PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core consumer basket rose a modest 0.3% from December to January, just as forecasters expected. Meanwhile, the inflation report...

The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny Gaevoy disclosed the company’s plans in an interview with Bloomberg at the ongoing Consensus crypto conference in Hong Kong. Gaevoy said Wintermute is looking to open an office in New York and offer new products to crypto users in the country. Wintermute...

The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be gradually rolled out to “all eligible customers in the coming days.” The list of features to be available for US-based clients includes deposits and withdrawals in the greenback by linking a bank...

U.S. President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council. Announced Sunday, Hines will be onboard as the executive director of the Presidential Council of Advisers for Digital Assets. Trump’s Crypto Council The 29-year-old acknowledged the appointment in a December 23 post on X, writing: “Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for everything you have...

This year is gradually coming to an end, and while the crypto industry witnessed significant growth this year, particularly after the United States presidential election, 2025 is expected to be an even better year. The on-chain analytics platform Nansen has shared with CryptoPotato key insights into important institutional trends that will gain momentum in the crypto market in 2025. However, these narratives are expected to do well under a clearer regulatory framework, which...

The cryptocurrency arm of the American financial services company Robinhood has released its end-of-the-year report for 2024, outlining its growth and expansion to new markets over the past 11 months. Alongside the report release, Robinhood Crypto is celebrating the first anniversary of launching a digital asset trading division in Europe. Robinhood Releases End of Year Report According to the report, Robinhood Crypto recorded a notional trading volume of $119 billion and $38...

Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has outlined a vision for the agency’s crypto regulatory strategy under President-elect Donald Trump. In a recent interview on Fox Business, Peirce identified three priorities to address what she sees as critical obstacles hindering the growth and clarity of the crypto industry. Pierces’s Roadmap to Clearer Crypto Regulations In the interview, highlighted by Fox Business reporter Eleanor...

On December 3, the U.S. government moved $33.6 million worth of cryptocurrency seized during the collapse of FTX and Alameda Research to two unidentified addresses. The transfers involving tokens such as Ethereum (ETH), Binance USD (BUSD), Wrapped Bitcoin (WBTC), and Shiba Inu (SHIB) stirred curiosity across the digital asset sector. Details of the Transfers According to data from blockchain analytics firm Arkham Intelligence, the transactions included two significant...

David Marcus, the former head of Facebook’s blockchain project Libra, recently shared how political opposition led to the ambitious initiative’s downfall. In a detailed post on X, Marcus called the project’s failure “100% a political kill,” pointing to actions by government officials that effectively stopped it. ‘A Political Kill’ Libra, later rebranded as Diem, was launched by Facebook in 2019. The platform was designed to be a fast, payments-focused blockchain paired with a...