Author: Kryptonews

US President Donald Trump has reignited discussions about replacing Federal Reserve (Fed) Chair Jerome Powell. This has sparked waves across traditional and crypto markets, with Bitcoin poised to reclaim $105,000. The implications are significant, extending beyond monetary policy to the trajectory of Bitcoin, altcoins, and macro risk sentiment globally. Trump’s Phantom Fed Chair Plan Shakes Markets On June 6, Trump stated that his pick for the next Fed Chair is “coming out very soon,” even though Powell’s term does not officially end until May 2026. The move would amount to a political earthquake in monetary policy circles, with Trump preparing…

Sixteen years after its launch, Bitcoin is no longer just a cypherpunk experiment or an anti-establishment asset. In 2025, it’s increasingly rubbing shoulders with politicians, institutions, and Wall Street titans. That shift was on full display at the recent Bitcoin 2025 conference in Las Vegas, where Cointelegraph was on the ground to capture the mood.In this week’s episode of Byte-Sized Insight, Cointelegraph’s Gareth Jenkinson explores whether politics and institutions have captured Bitcoin (BTC) or whether it has simply become too important to ignore.Bitcoin 2025 shiftOnce a Bitcoin-only gathering for hardcore believers, the conference now features prominent political figures such as…

The global economy has faced persistent inflation in recent years, eroding purchasing power and creating financial uncertainty. Amid this backdrop, decentralized finance (DeFi)—powered by blockchain technology—has emerged as an alternative financial system offering greater transparency, security, and control over wealth. This article explores how blockchain-based financial solutions are challenging traditional monetary systems and mitigating the risks of inflation. Understanding Inflation and Its Impacts Inflation is the rate at which prices for goods and services increase, diminishing the value of fiat currency. While moderate inflation can stimulate economic growth, excessive inflation (such as the surges seen in 2022-2023) leads to: Reduced…

Coinbase and BiT Global have reached a legal settlement that ended their dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token on Coinbase.According to a joint court filing, BiT Global has agreed to dismiss its lawsuit against the crypto exchange with prejudice, meaning the case cannot be brought again in the future. The filing notes that both companies will cover their own legal expenses.BiT Global had filed the lawsuit last year in the Northern District of California after Coinbase delisted the token over what it said was “unacceptable risk” that the tokenized BTC would “fall into the hands…

Ross Ulbricht, the imprisoned founder of the Silk Road darknet marketplace who was granted clemency by US President Donald Trump earlier this year, received a whopping $31 million Bitcoin donation from an anonymous wallet over the previous weekend. The sizable gift, sent less than five months after Ulbricht’s sentence was commuted, immediately sparked speculation that he had covertly reclaimed old Silk Road earnings. Anonymous Bitcoin Gift to Ross Ulbricht According to the intel shared by cryptocurrency tracing firm Chainalysis with WIRED, the 300 BTC donation did not originate from Silk Road at all. Instead, the funds appear to trace back…

Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6.The former Binance executive said he would remain in the crypto industry and highlighted his work aiding law enforcement investigations worldwide in a June 6 X post. Gambaryan added:”As digital assets increasingly converge with traditional finance and national security, there is a growing need for trusted, experienced operators, people who understand how to translate between technology, enforcement, and compliance.”“That is where I intend to continue making a difference, whether back in public service or…

Blockchain technology has emerged as a transformative force, revolutionizing industries beyond its origins in cryptocurrency. At its core, blockchain is a decentralized, distributed ledger that records transactions across multiple computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks. This inherent security and transparency make blockchain a powerful tool for innovation, offering solutions to long-standing problems across various sectors. The Foundation of Trust and Security One of blockchain’s most significant contributions is its ability to foster trust in digital transactions. Traditional systems often rely on intermediaries—banks, lawyers, and other third parties—to verify and facillitate…

In 2025, Dogecoin cloud mining is emerging as a favorite option for crypto investors. According to CoinDesk, despite market ups and downs, Dogecoin remains strong and is expected to break new price records soon. This makes 2025 a key year to start mining DOGE without the hassle of owning hardware. Cloud mining platforms now use AI and green energy to offer easy, reliable ways to earn daily profits in Dogecoin. Whether you are new or experienced, choosing the right cloud mining site can help you ride the DOGE wave to the moon this year.Why Dogecoin Cloud Mining is Taking Over…

Key Takeaways Circle saw its market value exceed $20 billion following its NYSE debut. The company reportedly rejected Ripple’s $5 billion acquisition offer as it was seen as undervalued. Share this article Circle, the USDC stablecoin issuer, made a blockbuster debut on Wall Street this week, with shares soaring to as high as $123, briefly pushing its market capitalization close to $25 billion.At the close of its second trading day on the New York Stock Exchange (NYSE), the stock (CRCL) settled at $107, giving Circle a valuation of more than $21 billion — nearly quadrupling not only its IPO pricing…

Blockchain technology has evolved from the obscure backbone of cryptocurrency into a transformative force reshaping industries from finance to supply chain management. Understanding blockchain is no longer optional—it’s essential for anyone interested in the future of technology, business, and even governance. Below, we explore why you need to grasp this revolutionary technology. What is Blockchain? At its core, blockchain is a decentralized, immutable ledger that records transactions across a network of computers. Instead of relying on a single central authority (like a bank or government), blockchain operates on a peer-to-peer model, where every participant holds a copy of the ledger.…