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1. Dovish remarks, "Concerned about negative economic impact of delaying rate cuts". "Cutting the federal funds rate too late could unduly weaken the economy. Conversely, cutting rates too soon risks reversing the moderation in inflation. We are confident about economic conditions and inflation, but we need more

In an official statement published on its website, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) said, "The Committee does not believe it is appropriate to narrow the range of interest rate adjustments until it has greater confidence that inflation will move back to

Blockchain expert ZachXBT reported via X that "Ripple hack in progress. Estimated damage so far is around 2.13 billion XRP ($1.12 billion). Stolen funds have been laundered through MEXC, Gate IO, Binance, Kraken, OKX, HTX, and more." Later, Ripple co-founder Chris Larsen tweeted via X: "

GBTC, the grayscale Bitcoin spot ETF, experienced net outflows of $2.21 billion in the 30th/13th trading day local time. This is higher than yesterday's net outflows of $192 million. According to official Grayscale data, GBTC's BTC holdings stood at 492,112.4534 BTC after

The Metropolitan Police seized more than £1.4 billion ($2.35 trillion) in bitcoin as part of the proceeds of crime linked to a recent massive investment scam in China, a London court has heard. It is the largest seizure of bitcoin criminal proceeds ever made by law enforcement worldwide.

US House Financial Services Chairman Patrick McHenry, House Digital Assets Subcommittee Chairman French Hill, and other lawmakers said that the US Consumer Financial Protection Bureau (CFPB) should reopen for comments on its proposed regulation of digital app providers. Last November, the CFPB proposed regulations related to non-bank digital wallet and

Terraform Labs recently filed for bankruptcy protection in a U.S. court, giving the company a do-or-die appeal to the U.S. Securities and Exchange Commission (SEC), Reuters reports. Currently, Terraform Labs reportedly holds $28 million worth of bitcoin, $7 million worth of other cryptocurrencies, and $87 million worth of