General category for all types of news related to the cryptocurrency world.
@MovementLabs has launched its mainnet for developers amid insider trading accusations following World Liberty Financial’s $2 million MOVE token purchase. Co-founder Rushi Mansh denies the allegations, while MOVE’s value rises significantly. #Update #Legal $MOVE (-3) ↘
The Trump administration’s launch of Solana-based memecoins, including the President-Elect’s $TRUMP and First Lady’s $MELANIA, signals a potential shift towards PolicyFi, where speculative markets influence policy-making. This move highlights the growing intersection of memes and politics. #Breaking #Crypto $TRUMP (+9) ↗
Dogwifhat ($WIF) surged 16% to $1.37, leading the crypto market amid anticipation of its Las Vegas Sphere project. The memecoin’s recent performance suggests a potential breakout, with analysts eyeing consolidation above $1.23 for further gains. #Update #Crypto $WIF (+6) ↗
@ElonMusk’s Department of Government Efficiency claims to save $1 billion daily by reducing unnecessary hires, DEI programs, and foreign payments, targeting $3 billion in total savings. #Update #Government #Efficiency (+6) ↗
@TMTGOfficial partners with @CharlesSchwab to launch Truth.Fi, a fintech firm offering crypto services, with a $250M investment in digital assets like $BTC. This move diversifies TMTG’s reserves and expands its DeFi presence. #Breaking #Crypto (+8) ↗
@TrumpMediaTech launches Truth.Fi, a fintech brand focusing on crypto investments with up to $250M allocated for Bitcoin and related securities. This move diversifies their $700M portfolio, though skepticism surrounds the TRUMP token’s long-term value. #Update #Crypto $TRUMP (→ 0)
The Federal Reserve’s Jerome Powell stated that U.S. banks can serve crypto customers if they manage risks, marking a shift amid the House’s “Operation Choke Point 2.0” investigation into debanking practices. #Update #Crypto $BTC (+6) ↗
Following former President Donald Trump’s call for interest rate cuts, the Federal Open Market Committee maintained current rates, with $BTC gaining as equities retreated. #Update #Crypto $BTC (+2) ↗
Arizona’s Senate Finance Committee approved the Strategic Bitcoin Reserve Act, allowing up to 10% of public funds to be invested in cryptocurrencies. The bill now awaits further approval before potentially becoming law. #Update #Crypto (+4) ↗
Howard Lutnick, Trump’s Commerce Secretary nominee, advocated for US stablecoin audits backed by Treasuries during his confirmation hearing. He defended @Tether against illicit use claims and supported AI for blockchain security. #Update #Crypto (+3) ↗
Chinese startup @DeepSeek has launched its open-source AI model, DeepSeek-R1, challenging giants like OpenAI with a $6M budget and innovative technology. Concerns about data privacy and potential ties to the Chinese government have emerged. #Breaking #AI #DeepSeek (-8) ↘
MicroStrategy’s (@MicroStrategy) launch of its perpetual preferred stock (STRK) is attracting institutional interest, offering stable yields and optional equity upside, with analysts highlighting its potential to outperform traditional convertible bonds. #Update #Finance (+6) ↗
The U.S. Senate confirmed Donald Trump’s nomination of Scott Bessent as Treasury Secretary, sparking optimism in the crypto market with Bitcoin near $102,000 and digital asset investments reaching $5 billion. #Breaking #Crypto $BTC (+8) ↗
@Cardano_CF announces the Plomin hard fork will transition Cardano to decentralized governance, empowering $ADA holders with voting rights on key blockchain decisions. ADA trades at 93 cents, up 1.4% today. #Update #Crypto $ADA (+3) ↗
