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The cryptocurrency market took a hit after the U.S. Federal Reserve opted to maintain interest rates at 4.25%–4.5% in its first policy decision of 2025. This move, though widely expected, caused immediate declines in major cryptocurrencies, with Bitcoin leading the slump by shedding $1,000 within moments of the announcement. Crypto Market Reacts to Fed’s Decision…
Bitcoin and the broader crypto market are on edge as traders brace for the Federal Reserve’s latest interest rate decision. Following a volatile start to the week, the price of Bitcoin saw a sharp drop toward $100,000 before rebounding to around $102,000. However, market sentiment remains cautious amid fears of a “financial crisis.” Trump’s Rate…
Cardano has taken a monumental leap toward full decentralized governance with the successful implementation of the Plomin hard fork. This upgrade, which went live on January 29, 2025, empowers ADA holders by granting them direct voting power on key network decisions. With this transition, Cardano is reinforcing its commitment to decentralization and community-led development. Empowering…
In an exciting development for the world of blockchain technology, Mysten Labs, the creators behind the Sui blockchain, are set to launch a revolutionary feature that could change the way we think about crypto transactions. Soon, users will be able to carry out blockchain-based transactions with nothing more than an SMS, no internet required. This…
Ethena (ENA) has faced significant bearish pressure, with its price tumbling 14% in the past 24 hours and extending its seven-day decline to 21%. At press time, ENA was trading at $0.715, reflecting the ongoing market downturn. However, a potential short squeeze scenario could be setting the stage for a surprising price recovery. Surge in…
The cryptocurrency market has been buzzing with excitement as Stellar’s native token, XLM, experienced a remarkable surge of 8.33% in just 24 hours. According to CoinMarketCap, XLM skyrocketed from $0.4238 to $0.4578, pushing its market capitalization to a staggering $13.92 billion. This surge has catapulted Stellar to the 12th spot among the world’s top cryptocurrencies,…
The Pi Network is on the verge of a major milestone as its highly anticipated mainnet launch is expected to take place by March 2025. With excitement soaring among the community of “Pioneers,” the project is entering a crucial phase. The final Know-Your-Customer (KYC) deadline is set for January 31, 2025, a critical requirement for…
The cryptocurrency market remains in a state of uncertainty, with bearish sentiment gripping investors. However, analysts argue that Dogecoin (DOGE) is primed for an explosive rally, with some suggesting a potential surge of up to 10,000% in the coming months. DOGE’s Price Drop Sets the Stage for a Major Rebound Currently, Dogecoin is experiencing a…
In a groundbreaking initiative that cements Dubai’s status as a global crypto hub, Solana is set to launch the Solana Economic Zone in the UAE. This ambitious project aims to foster innovation, collaboration, and investment in the Web3 space, attracting top-tier developers, investors, and policymakers to the region. Why Dubai? The Perfect Crypto Hub Dubai’s…
Chainlink (LINK) is navigating a critical juncture, with its price consolidating above $24 amid growing on-chain activity. With bullish momentum building up, investors are keenly watching whether LINK can break past the $26.62 resistance and surge towards $30. Chainlink Holds Strong Above $24 Despite recent pullbacks, Chainlink has maintained its dominance above the $24 mark….