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Crypto News within the week

Crypto Sell-Off Puzzles Wall Street Veteran as Stocks, Gold, AI Surge

The cryptocurrency market opened December with another big drop, with CoinGecko data showing Bitcoin (BTC) falling below $84,000 on the first day, and dragging...

Bitcoin Tests $93.5K Again: Hereโ€™s Why This Time Could Be Different

Bitcoin is approaching a key resistance level near $93,500, with traders watching for a breakout. After several tests of this range, recent movements show...

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Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies

Bitcoin Magazine Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies Bitcoin For Corporations (BFC), in coordination with its member companies, formally challenged MSCIโ€™s proposed...

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FOMC Meeting: Fed Expected to Approve Rate Cut on Dec. 10

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The December FOMC meeting is holding this week, with market participants betting on the committee making a third rate cut of the year. Notably, the Bitcoin price and broader crypto market have rebounded in anticipation of a cut, though historical trends suggest a crash following the meeting this Wednesday. Fed To Make Third Rate Cut

The post FOMC Meeting: Fed Expected to Approve Rate Cut on Dec. 10 appeared first on CoinGape.

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New to Market

Zero-Knowledge Proofs Explained: How They Power Secure and Private AI Systems

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As the new blockchain cycle gains momentum, many people are searching for key sectors to focus on, seeking solid projects that are not hype-driven.ย  With AI shaping so many digital activities today, its presence across crypto has grown fast. Along with this rise, concerns about privacy and the handling of personal information continue to grow.

The post Zero-Knowledge Proofs Explained: How They Power Secure and Private AI Systems appeared first on CoinGape.

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Breaking: Labor Department Cancels October PPI Inflation Report Ahead of FOMC Meeting

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U.S. Labor Department has scrapped the October Producer Price Index (PPI) inflation report after not gathering the needed information during the government funding lapse. Hence, markets are experiencing a void in essential information about inflation which normally provides basis on the rate decisions expectations. Will Missing PPI Inflation Report Affect the Decision of FOMC?ย  Bureau

The post Breaking: Labor Department Cancels October PPI Inflation Report Ahead of FOMC Meeting appeared first on CoinGape.

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Solana Price Set for $150+ as Bullish Sentiment Rises in Crypto Market

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Solana price has shown a slight recovery over the past 24 hours, following an overall rebound in the crypto market.ย  SOL price is above the support level of $130, SOL has experienced a significant increase in trading volume as it reached at 4.91 billion, an increase of 66%. Bitcoin price overcame the $91,000 mark, and

The post Solana Price Set for $150+ as Bullish Sentiment Rises in Crypto Market appeared first on CoinGape.

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Rippleโ€™s Garlinghouse says inflows reflect pent-up demand for regulated XRP products

Rippleโ€™s XRP moved ahead to take over the US crypto ETFs market with a storm, while the other major assets bled in the heavy...

Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies

Bitcoin Magazine Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies Bitcoin For Corporations (BFC), in coordination with its member companies, formally challenged MSCIโ€™s proposed...
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Todays Highlights

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Upbit, the biggest exchange in South Korea, announced they had frozen assets linked to the recent hack of its platform. This was as the team continued findings into the theft and recovery processes of stolen assets. Upbit Hack Update: $1.77M in Stolen Assets Now Frozen Dunamu, the parent company behind Upbit, says it has frozen

The post Upbit Hack: Team Freezes $1.77M in Stolen Assets Amid Ongoing Investigation appeared first on CoinGape.

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