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Tag: Cryptocurrencies

Bitcoin Dips Below $110K as Powell Tempers Expectations for December Rate Cut

Bitcoin Dips Below $110K as Powell Tempers Expectations for December Rate Cut

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Bitcoin price dropped to a low of $108,000 after Fed Chair Powell indicated a December rate cut is ‘not a foregone conclusion.’ The Federal Reserve cut its benchmark rate by 25 basis points, but the hawkish tone triggered $817 million in crypto liquidations. This reaction highlights crypto’s sensitivity to monetary policy, potentially delaying Bitcoin’s push toward new all-time highs. Bitcoin...

Bitcoin, Cryptocurrencies, Federal Reserve, Front page, News

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Mt. Gox Extends Creditor Repayment Deadline By One Year

Mt. Gox Extends Creditor Repayment Deadline By One Year

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Mt. Gox has extended its repayment deadline for creditors from October 31, 2025, to October 31, 2026. The delay stems from incomplete procedures for many creditors and the need for secure distribution processes. This move may reduce immediate selling pressure on Bitcoin, with roughly 34,700 BTC still awaiting distribution. The defunct cryptocurrency exchange Mt. Gox has once again delayed its creditor repayments, pushing...

Cryptocurrencies, Front page, Mt. Gox, News

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US Lawmaker Proposes Crypto Trading Ban for Elected Officials Amid Backlash Over CZ Pardon

US Lawmaker Proposes Crypto Trading Ban for Elected Officials Amid Backlash Over CZ Pardon

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Rep. Ro Khanna plans to introduce a bill banning elected officials from owning or trading cryptocurrencies, extending existing stock trading restrictions. The proposal follows President Trump’s pardon of Binance founder Changpeng Zhao, which Khanna labels as “blatant corruption” tied to financial links with Trump’s family crypto ventures. Crypto markets remain resilient, with $921 million in inflows to investment...

Binance, Changpeng Zhao, Cryptocurrencies, Front page, News, Trump

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Crypto Market Cap Surges to $3.88 Trillion Amid US-China Trade Deal Optimism

Crypto Market Cap Surges to $3.88 Trillion Amid US-China Trade Deal Optimism

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The global cryptocurrency market capitalization has surged to $3.88 trillion following announcements of progress in US-China trade talks. Bitcoin led the gains, rising 2.5% to $115,447, while XRP outperformed by topping its 200-day moving average. The rally comes ahead of key events including Fed and BoJ rate decisions, Mag 7 earnings, and a potential Trump-Xi summit. The cryptocurrency market experienced a significant...

Bitcoin, Cryptocurrencies, Front page, News, Tariffs

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5 Best Crypto Prop Trading Firms in 2025

5 Best Crypto Prop Trading Firms in 2025

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The cryptocurrency trading landscape has evolved dramatically, and prop trading firms have become essential partners for traders looking to scale their operations without risking personal capital. As we navigate through 2025, the demand for reliable crypto prop trading firms continues to surge, with the global crypto market maintaining a valuation above two trillion dollars. Finding the best crypto prop trading firms can be challenging...

Cryptocurrencies, Sponsored, Trading

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