AAVE surged nearly 19% to $355 over the past 24 hours, according to CoinDesk Data, leading the top 40 cryptocurrencies by percentage daily gain as investors responded to its recent Aptos expansion and Federal Reserve Chair Jerome Powell’s dovish remarks. What Aave is and why it matters Aave is a decentralized finance protocol that lets […]

Meme token climbs to $0.24 peak with volume nearly doubling monthly averages, signaling institutional activity behind the rally. News Background • The Federal Reserve signaled a softer stance on crypto banking rules, while Wyoming launched the first state-backed stablecoin. Both developments lifted sentiment around digital assets.• Trump-linked entity Thumzup completed a $50 million acquisition of […]

Ethereum (ETH) hit a record price of $4,885 on Coinbase on Friday after a speech by Federal Reserve Chair Jerome Powell suggesting interest rate cuts left traders relieved going into the weekend. The token rose nearly 15% over the past 24 hours as part of a broader rally in financial markets. Nevertheless, ether’s rally stood […]

The head of the U.S. Internal Revenue Service’s digital assets unit, Trish Turner, is leaving her post for the private sector just as new tax policies are set to potentially bring in a wave of crypto work for the agency. As she departs, it’s unclear who will be running the office that’s been leading the […]

Bitcoin (BTC) bounced off the $111,800 support level on Friday, sharply rising by 2.6% to $114,800 after Federal Reserve chairman Jerome Powell hinted at potential rate cuts during a speech at Jackson Hole. The swift move, preceded by a sell-off leading up to the speech, resulted in the liquidation of more than $375 million worth […]