Crypto News

- Coinbase (COIN) Stock Trades Up, Here Is Why What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 7% in the afternoon session after Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut, which boosted investor appetite for riskier assets like cryptocurrencies. The positive turn in sentiment came after Federal Reserve Chair Jerome Powell's speech in Jackson Hole, where he hinted at the possibility of an interest rate cut as soon as next month. This news revived investor appetite for risk assets, benefiting the cryptocurrency market broadly. The move reversed a downward trend from earlier in the week, when concerns about the Fed's policy had pushed the stock down. Following...

- Bitcoin, Ethereum skyrocket after Jerome Powell's surprising speech Bitcoin and Ethereum began to rally after Federal Reserve Chair Jerome Powell delivered a much-awaited speech at Jackson Hole, Wyoming, on Aug. 22. During the speech, Powell hinted at a possible cut in interest rates in September but didn't deliver any definitive promise. Bitcoin, which had been undergoing a rather slow week, skyrocketed above $116,000 as it surged more than 2% in an hour. Ethereum went ahead and rose more than 5% in an hour to surpass the $4,600 price mark. As per the on-chain analytics platform Coinglass, more than $206 million in crypto short positions got liquidated within the last hour as traders betting on low prices to continue began to...

Pudgy Penguin coins are rallying thanks to Powell Pudgy Penguins (PENGU) has come out as the best-performing meme coin during the past week, going against the trend of the rest of the sector. Pudgy Penguins is worth $0.03313 right now, which is a 2.1% increase over the past seven days. This is more than other big memecoins like Dogecoin, which is up 1.4%, Shiba Inu, up 0.1%, and Pepe, down 1.8%. Even newer meme coins like Bonk and SPX6900 lost more than 5% during the same time, with Pump.fun leading the race with a 16.6% loss over the week. Pudgy Penguins is also seeing daily momentum, having achieved a bump of 9.5% in the past 24 hours and 6.5% in just the last hour, just after Federal Chair Jerome Powell hinted at a rate cut. On...

- What Happened? Shares of analog chips maker onsemi (NASDAQ:ON) jumped 6.2% in the afternoon session after Federal Reserve Chair Jerome Powell's remarks hinted at potential interest rate cuts, sparking a broad market rally. Powell's speech at the Jackson Hole Economic Symposium increased investor confidence that the central bank could lower interest rates in the coming months. This positive sentiment fueled a broad rally on Wall Street, with the S P 500 and the tech-heavy Nasdaq composite showing strong gains. The semiconductor sector was a significant beneficiary of the market's optimism, as the prospect of lower borrowing costs is generally favorable for growth-oriented technology companies, lifting shares across the industry. Is...

- Key Points XRP's (CRYPTO: XRP) token price is seeing strong bullish momentum in Friday's trading. The cryptocurrency had gained 5.7% over the last day of trading as of 2 p.m. ET. Meanwhile, Bitcoin was up 4.1%, and Ethereum had surged 13%. XRP is bounding higher thanks to promising news on the interest rate front. In a speech he gave today, Federal Reserve chair Jerome Powell signaled that the U.S. central banking authority will likely cut interest rates at its meeting next month. That's great news for the crypto market. XRP rises with a rate cut seemingly on the horizon The outlook on the trajectory for the benchmark interest rate has been one of the most important catalysts for the cryptocurrency market this year. While...

- Visa Inc.’s cross-border platforms are specialized solutions designed to facilitate fast, secure, and efficient movement of money across international borders. At the center of this is Visa Direct, a platform that enables near real-time payments to cards, bank accounts, and wallets globally. In April 2025, Geoswift announced the integration of Visa Direct with its cross-border payments platform, paving the way for payouts in 32 countries across 13 currencies. Another platform is Visa B2B Connect, which focuses on business-to-business cross-border payments. This platform is particularly valuable for large enterprises managing international supply chains and vendor payments. In June 2025, Qatar Islamic Bank partnered with Visa to...

- Strategy vs. IREN: Which Bitcoin-Focused Stock is a Buy Now? Strategy MSTR and IREN Limited IREN are two well-known bitcoin-focused stocks. While Strategy is the world’s largest bitcoin treasury company, holding 628,791 bitcoins as of July 29, 2025, IREN Limited offers infrastructure to mine Bitcoins. Bitcoin, the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. The liberal policies of U.S. President Donald Trump have been a key catalyst in driving the adoption of bitcoin. However, Strategy or IREN Limited, which is a buy right now? The Case for MSTR Stock Strategy benefits from increasing bitcoin yield, which hit 19.7% at...

- 1,200 Criminals Arrested in Crypto Clampdown: Interpol Interpol has arrested more than 1,200 cybercriminals who have collectively targeted 88,000 victims—including through cryptocurrency scams. A "sweeping" effort saw 18 African countries and the U.K. unite for Operation Serengeti 2.0, with more than $97.4 million confiscated as a result. In Angola, 25 crypto mining centers were dismantled, amid allegations that 60 Chinese nationals had been illegally validating blockchain transactions and earning digital assets as a result. Officials say mining equipment and 45 illicit power stations worth over $37 million were seized, which will now be used to distribute power in poorer areas. Meanwhile, Zambian authorities broke up a...

- Key Takeaways Crypto investors cheered after Federal Reserve Chair Jerome Powell's speech in Jackson Hole on Friday, latching onto the possibility of a rate cut as soon as next month. Bitcoin (BTCUSD) was trading at around $116,500 recently, up from a low this morning below $112,000. Bitcoin-proxy stocks also gained, with major bitcoin buyer Strategy (MSTR) rising more than 5% and crypto exchange Coinbase (COIN) up nearly 7%. Altcoins including ethereum (ETDUSD) and solana (SOLUSD) also rose. While the Fed has held rates steady throughout the year, citing a solid jobs market and concerns over tariff-fueled inflation, Powell now seems open to change. "Overall, while the labor market appears to be in balance, it is a curious kind of...

- Apple's latest security update directly hits crypto users Apple (Nasdaq: AAPL) has issued an alert to its users, urging them to update their devices to address a zero-click vulnerability, which posed a direct threat to crypto users, among others. On Aug. 20, Apple issued a security release regarding iOS 18.6.2 and iPadOS 18.6.2, as per which it has addressed an image processing vulnerability that let malicious and sophisticated actors exploit the devices and corrupt memory. The tech giant said, "Apple is aware of a report that this issue may have been exploited in an extremely sophisticated attack against specific targeted individuals." The crypto users can be particularly vulnerable to such a cyber threat as they often...

- Stablecoin issuers are building their own blockchains to snap up a bigger chunk of the massive transaction fees generated by the $277 billion market. “Launching a dedicated chain gives issuers more control over settlement and compliance, but it also opens the door to new revenue from fees and network activity,” Ben Reynolds, managing director of stablecoins at BitGo, a crypto custody company, told DL News. That would be great for those individual issuers, but it also poses a massive challenge for Ethereum and Tron, which have captured more than 80% of the stablecoin market. If issuers move off these blockchains, it could punch a hole in their fee revenue, especially as stablecoins are projected to account for 12% of global...

- Why Dogecoin Is Skyrocketing Today Key Points Dogecoin is surging in Friday's trading following some bullish macroeconomic news. The cryptocurrency's token price was up 9.4% over the past 24 hours of trading as of 12:45 p.m. ET. At the same point in the day, Bitcoin was up 3.4%, and Ethereum had risen 12.2%. These cryptocurrencies are rising rapidly today thanks to a speech given by Federal Reserve chair Jerome Powell this morning. In the speech, Powell seemed to indicate that the Fed is on track to cut interest rates next month. Dogecoin jumps on interest rate outlook Inflation concerns roiled the cryptocurrency market earlier this week, but investors got some very good news this morning. At his speech in Jackson Hole, Wyoming...

- Crypto Equities Explode Following Fed Chair Powell Speech Circle, Coinbase, Marathon Digital, and other crypto-related stocks are surging after new comments from Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/crypto-equities-explode-following-fed-163329686.html

- Coinbase, Strategy Lead Crypto Stock Rebound as Bitcoin and Ethereum Soar Crypto-focused company stocks rose Friday alongside digital coins following a more dovish-than-expected speech from Federal Reserve Chairman Jerome Powell. Nasdaq-listed Coinbase (COIN) spiked and was recently trading more than 6% higher on the day at $319. Meanwhile, Bitcoin treasury and software firm Strategy—MSTR—was up by nearly 65 to $354. Both had been trading down in recent days, but COIN is now in the green over the past week while MSTR remains slightly down during the span. And Circle, which debuted on the New York Stock Exchange in May in a blockbuster IPO, jumped higher. The stablecoin giant was recently priced 6% higher over the past day...

- Analyst boosts rallying crypto stock's target by 50% Analysts at the brokerage firm Bernstein have raised the price target for Robinhood Markets (Nasdaq: HOOD) by more than 50%. Bernstein analysts, led by Gautam Chhugani, raised the price target from $105 to $160 and shared an "Outperform" rating for the equity and crypto trading exchange. Robinhood's crypto trading volume on the app grew 110% month-over-month (MoM) to reach $16.8 billion in July, as well as robust equities and options trading activity, are among the factors the analysts mentioned for their bullish outlook on the stock. In addition, Robinhood's acquisition of Bitstamp to boost its institutional user base and the launch of tokenized stocks in Europe are also among...

- XRP, Ethereum spike as investors bet on dovish Powell and September interest rate cut Major cryptocurrencies skyrocketed on Friday after Federal Reserve chair Jerome Powell hinted that the organisation might be closer to interest cuts than previously thought. “With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” Powell said during his annual address at Jackson Hole, Wyoming. Current conditions, said Powell, allow “us to proceed carefully as we consider changes to our policy stance.” What are those conditions? Elevated inflation risks, said Powell, while unemployment numbers remain low. The Federal Reserve has a mandate to keep full employment and...

- Arthur Hayes says Ethereum will go as high as $20,000 this cycle Ethereum is ripping after Federal Reserve Chair Jerome Powell signaled a possible interest rate cut during his Jackson Hole speech. It is up 8% over the past 24 hours to trade at $4,630, but some analysts say it’s just the beginning. Perennial crypto bull Arthur Hayes, chief investment officer at Maelstrom, now says Ethereum’s momentum is slated for a fivefold move. “The chart says it’s going higher, you can’t fight the market,” Hayes said in a recent interview. “I think [Ethereum] goes to $10,000, $20,000, before the end of the cycle.” Hayes didn’t say when the cycle would end, but Ethereum has already outperformed Bitcoin and other major cryptocurrencies, like...

- Energy Fuels produces 99.9% pure dysprosium oxide at Utah mill Energy Fuels has produced its first kilogram of dysprosium (Dy) oxide with a purity of 99.9% at its White Mesa Mill in Utah. This achievement exceeds the commercial specification of 99.5% purity. The mill intends to maintain a production rate of 2kg per week, with a pilot-scale production target of approximately 15kg of Dy oxide. Energy Fuels intends to continue further with the production of terbium (Tb), with the first samples expected to be available for end-user validation by the fourth quarter of 2025 (Q4 2025). The company's production of high-purity Dy oxide from monazite mined in Florida and Georgia is a significant milestone in establishing a completely...

- Dave Ramsey has built a financial advice empire by focusing on basics such as getting out of debt, investing in tax-advantaged retirement accounts, and maintaining a long-term perspective. What he has never shown much enthusiasm for are get-rich-quick schemes and trendy investments without a long track record — including Bitcoin and other cryptocurrencies. No Fan of Bitcoin Ramsey’s criticism of Bitcoin goes back more than a decade. In 2014, he referred to the crypto as “wacko” and “a really good way to turn a million dollars into nothing.” As recently as last year, he compared crypto investing to gambling. But that kind of flak hasn’t stopped Bitcoin from soaring to new highs. Earlier this month, its price broke the $120,000...

- Polymarket Users Lost Millions to ‘Bot-Like’ Bettors Over the Past Year Bot-like bettors on the prediction platform Polymarket have extracted millions of dollars from users over the past year by capitalizing on mispriced bets. This information comes from a study conducted by researchers at the IMDEA Networks Institute. Polymarket is a cryptocurrency-based prediction market where participants can wager on future events. The researchers analyzed 86 million bets across numerous prediction markets between last April and this April, identifying users who exploited mispriced wagers to secure risk-free profits at the expense of others. The researchers found that these arbitrage trades collectively amounted to nearly $40 million. In...