Day: February 12, 2025

Bitcoin Falls to $95K as Fed’s Powell Warns of Tighter Policy

The cryptocurrency market is experiencing a downturn after Federal Reserve Chairman Jerome Powell warned of a prolonged tight monetary policy. As a result, Bitcoin (BTC) fell to $95,976, with altcoins following suit as investors react to macroeconomic uncertainty. With upcoming U.S. inflation data expected to shape monetary policy expectations, crypto traders are bracing for further […]

Crypto Market Slips 2.89% as Bitcoin Holds $95K

The crypto market took a hit today, with the total market cap dropping 2.89% to $3.13 trillion. Despite the downturn, trading activity remained high, as intraday volume surged 8.71% to $105.22 billion. While the bearish sentiment is evident, the Fear & Greed Index remains at 35, suggesting that investors are cautious but not in extreme […]

SEC and Binance Seek 60-Day Pause in Lawsuit – What’s Next?

The U.S. Securities and Exchange Commission (SEC) and Binance, one of the world’s largest crypto exchanges, have filed a joint motion to pause their ongoing legal battle for 60 days. The request comes as regulatory changes within the SEC could impact the case’s outcome. On February 10, 2025, FOX Business journalist Eleanor Terrett reported that […]

Bitcoin’s Evolution: Is It Becoming Digital Cash Again?

Bitcoin (BTC) was originally created as peer-to-peer digital cash, but over time, it has been viewed more as digital gold—a store of value rather than a currency. However, a recent report co-authored by Bitcoin scaling firm Breez suggests that BTC is making a comeback as a medium of exchange, thanks to the growing adoption of […]

Ethereum Eyes $3K as Cardano Falls and Rollblock Skyrockets

The crypto market is heating up as Ethereum (ETH) makes another attempt to break the $3,000 barrier, Cardano (ADA) struggles, and Rollblock (RBLK) soars 420% amid growing GambleFi hype. With ETH facing key resistance, ADA losing 35% in 30 days, and RBLK attracting investor interest, here’s a closer look at what’s driving these market moves. […]

zkLend Hacked for 3,300 ETH – Offers 10% Bounty to Attacker

In yet another high-profile crypto security breach, zkLend, a next-generation decentralized lending protocol, has confirmed it was hacked, resulting in the loss of 3,300 ETH (approximately $9 million at current market prices). Taking an unusual approach, zkLend publicly addressed the hacker via X (formerly Twitter), offering a 10% white hat bounty in exchange for returning […]