Democrats aim at Trump’s crypto profits with a 3-prong pincer move

US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.    The Modern Emoluments and Malfeasance Enforcement Act, or the MEME Act, aims to prevent federal officials from using their position to profit from memecoins,…

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Bitwise files S-1 for NEAR ETF

Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval. The Bitwise Near (NEAR) ETF will track the price movements of the NEAR token, minus expenses, through a traditional brokerage, Bitwise’s May…

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Bitcoin bulls rush into long positions ahead of May 7 Fed FOMC interest rate decision

Key Takeaways: Data shows Bitcoin bulls opening margin long positions from $94,400. A $189 million increase in Bitcoin futures open interest and a 15% increase in trading volume show sustained buying interest. BTC momentum tends to slow before FOMC meetings and then turns volatile afterward. The same could happen following this week’s Federal Reserve statements….

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Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see gains if the US Treasury is compelled to inject liquidity to stave off…

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Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see gains if the US Treasury is compelled to inject liquidity to stave off…

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Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see gains if the US Treasury is compelled to inject liquidity to stave off…

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Why is XRP price down today?

Key takeaways: Ripple’s end-to-quarterly market report fuels uncertainty, impacting XRP price negatively. Low open interest in XRP futures signals weak trader confidence. XRP price technicals weaken with resistance at $2.27 and declining RSI. XRP (XRP) fell on May 6, down 3% in the last 24 hours to trade at $2.09, due to numerous factors. Its…

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Bitcoin bulls rush into long positions ahead of May 7 Fed FOMC interest rate decision

Key Takeaways: Data shows Bitcoin bulls opening margin long positions from $94,400. A $189 million increase in Bitcoin futures open interest and a 15% increase in trading volume show sustained buying interest. BTC momentum tends to slow before FOMC meetings and then turns volatile afterward. The same could happen following this week’s Federal Reserve statements….

Read More