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    Bitcoin Tops $77K as Bank of Japan Raises Rates to 31-Year High

    The Bank of Japan raised its benchmark rate to 1.25%, the highest in 31 years, while bitcoin climbed above $77,000. The yen weakened against the dollar following the decision.

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    Fresh News

    Fed raises rates by 25 basis points in first hike since July 2023

    The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

    Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike

    Ninety-five of the CoinDesk 100 fell over the past 24 hours, and bitcoin has shed more than 5% on the week.

    Why Clarity Act failed: There were many conductors in the derailment of the crypto industry’s historic bill

    Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.

    White House crypto adviser says Trump gave up ‘historic’ ethics powers in compromise

    President Donald Trump's digital assets adviser spoke at a Washington event the day after a new compromise language was released for the Clarity Act.

    Crypto

    Ondo Finance Succession Crisis Deepens as Founder’s Daughter Alleges Cognitive Decline and Reckless Spending

    Legal battles over Ondo Finance intensify as family members clash over control of the late founder's estate, with allegations of cognitive decline and financial mismanagement emerging in court filings.

    TikTok parent ByteDance secures $29.6 billion loan as it focuses on AI related development

    ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.

    SEC rolls out ‘innovation exemption’ for tokenized securities trading venues

    The U.S. Securities and Exchange Commission issued a blanket 5-year exemption for listing and trading tokenized securities without registering as an exchange.

    DOGE news: Dogecoin ETFs took 10 months to attract what XRP pulled in one day

    Bitwise's BWOW dogecoin ETF will close after 10 months, adding to weak demand across DOGE funds and raising a harder question for altcoin ETFs: What problem are they actually solving?

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    Bitcoin Tops $77K as Bank of Japan Raises Rates to 31-Year High

    The Bank of Japan raised its benchmark rate to 1.25%, the highest in 31 years, while bitcoin climbed above $77,000. The yen weakened against the dollar following the decision.

    Newsfeed

    Ondo Finance Succession Crisis Deepens as Founder’s Daughter Alleges Cognitive Decline and Reckless Spending

    Legal battles over Ondo Finance intensify as family members clash over control of the late founder's estate, with allegations of cognitive decline and financial mismanagement emerging in court filings.

    Two Robinhood Engineers Charged Over Alleged Hyperliquid Insider Trading Ahead of Token Listings

    Two Robinhood engineers face criminal charges for allegedly using confidential token listing information to front-run trades on Hyperliquid's perpetual futures platform, potentially earning over $50,000 each between 2025 and 2026.

    Ethereum Update: Bitmine (BMNR) Buys $68 Million in ETH as Tom Lee Sees Further Upside

    Bitmine added 27,180 ETH worth about $68 million, bringing its holdings to 5.96 million and leaving it close to its 5% supply target. Tom Lee cited Ethereum’s relative strength, possible U.S. crypto legislation, and renewed institutional buying as potential upside catalysts.

    August Core CPI Exceeds Expectations with 0.3% Increase, Prompting Potential Fed Rate Hike

    August core CPI rose 0.3%—exceeding expectations of 0.2%—potentially prompting a Federal Reserve rate hike at next week's policy meeting. The data follows Fed Chair Kevin Warsh's warnings about persistent inflation pressures.

    Hackers behind Revolut breach demand $3 million in Monero and threaten to sell data

    Hackers behind a Revolut data breach are demanding $3 million in Monero and threatening to sell the stolen customer data if the ransom isn’t paid within 24 hours. The breach affected roughly 680 accounts and exposed identity documents and transaction histories.

    Bitcoin at Risk as Bond Yields and Oil Prices Surge Before Key Inflation Data: Crypto Daily

    Bitcoin hovers near $77,000 as rising bond yields and oil prices create headwinds ahead of the U.S. inflation report and potential Fed rate decisions.

    Robinhood (HOOD) CEO says companies shouldn’t get veto over stock tokens in AMC feud

    In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.

    Ethereum, Base abandon common wallet standard talks after months of discussions

    Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

    Crypto Long & Short: Six signs a crypto winter is ending

    Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

    House committee unveils crypto tax bill ahead of this week’s hearing

    The House Ways and Means Committee released a 114-page crypto tax bill ahead of a Wednesday markup, with provisions covering small transactions, staking, mining, and broker requirements. The proposal could begin a longer legislative effort, though it is unlikely to become law this year.

    Economist Says Fed Rate Hike Is Driven by Wall Street, Not Inflation

    Goldman Sachs reversed course and now expects a 25-basis-point Fed increase, while strategist James Thorne argues the move is designed to reassure Wall Street. Diane Swonk contends inflation is strengthening and forecasts three rate hikes by early 2027.

    FCA intensifies enforcement against unlawful London P2P crypto trading sites

    The FCA is escalating action against unregistered peer-to-peer crypto operations in London as Britain prepares for its full crypto framework in 2027.