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Financial News

Bank of Japan raises interest rates by 25 basis points. BTC tops $77,000

Bank of Japan raises interest rates by 25 basis points. BTC tops $77,000

3 days ago by Crypto InsightsCrypto

The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points on Friday, lifting it to 1.25%, the highest level in 31 years, as it battles sticky inflation and a chronically weak yen. The BOJ said it acted because of risks that… Read More

The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending

The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending

3 days ago by Crypto InsightsCrypto

In her filing, Dr. Clinton claimed to have been estranged from her mother since 2022 after an incident during a family vacation when Kathleen Allman allegedly told Dr. Clinton’s young children, aged 10, six and two, that “they were worthless, that she should have aborted… Read More

S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security

S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security

3 days ago by Crypto InsightsCrypto

S&P Global (SPGI) said Thursday it has agreed to buy OpenZeppelin, a smart-contract security firm whose open-source code library is used across much of the stablecoin and tokenized-fund market. S&P said contracts built with the library have moved more than $37 trillion over time. Terms… Read More

Record U.S. diesel prices complicate bitcoin and gold outlook

Record U.S. diesel prices complicate bitcoin and gold outlook

4 days ago by Crypto InsightsCrypto

U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

4 days ago by Crypto InsightsCrypto

Less than 24 hours after the collapse of the crypto industry’s market structure bill, the tax committee in the U.S. House of Representatives has advanced another important industry effort that would clarify crypto tax treatment and ease burdens on casual transactions. At a Wednesday hearing… Read More

Coinbase premium hits one-month low as bitcoin retreats

Coinbase premium hits one-month low as bitcoin retreats

5 days ago by Crypto InsightsCrypto

Bitcoin’s Coinbase COIN$171.98·Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto legislation and the prospect of tighter monetary policy. The premium measures the difference between bitcoin’s dollar price on Coinbase and… Read More

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