Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him in position to become the Fed’s next vice chair. In a 88-10 vote in the U.S. Senate on Sept. 6, Jefferson won a majority of support needed for his confirmation as the next vice chair of the Fed. U.S. President […]

Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price is in a downtrend as it has regained the crucial support at $26,000. Bitcoin price long-term forecast: bearish On September 1, the bears broke through the crucial support as the largest cryptocurrency fell to a low of $25,342. In the last five days, Bitcoin has been moving above the $25,000 support. If […]

The new blockchain-based IP ownership network Story Protocol closed a $54 million funding round on Sept. 7, which included investments from big names like Paris Hilton’s 11:11 Media, and Andreessen Horowitz, also known as a16z.  The platform uses blockchain technology to help content creators oversee and monetize their content in the face of fakes generated by artificial intelligence (AI). It […]

The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX CEO Sam “SBF” Bankman-Fried, claiming that he could attempt witness tampering and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made in his appeal against the bail revocation, calling it “meritless.” In their response, […]

Shiba Inu (SHIB) has been making headlines once again, but this time for all the wrong reasons. The popular meme token has been under sustained selling pressure, leading to a significant crack in a critical support level.  Despite the recent launch of Shibarium, a blockchain platform aimed at enhancing the SHIB ecosystem, the bearish sentiment seems to have a firm […]

Central bank digital currencies (CBDCs) and blockchain technology are likely to displace traditional banks, according to a Russian lawmaker. Anatoly Aksakov, head of Russia’s parliamentary financial committee and a major skeptic of Bitcoin (BTC), has predicted that the traditional banking system will “fade away” with the adoption of the digital ruble, local news agency RIA reported. “As for the role […]

The crypto market has witnessed several fluctuations, but specific sectors’ resilience within this domain remains attractive. Recently, despite a noticeable dip in the broader crypto market, one area seems poised to touch its peak, demonstrating the potential and adaptability within the crypto ecosystem, per a report.  Liquid staking, a sector that facilitates rewards for token pledges supporting blockchain operations, shows […]

Ethereum has seen the price of its native token ETH drop alongside Bitcoin as the bear market continues to gain group. This has triggered fear among investors, leading to high selling pressure on the digital asset. Even the Ethereum whales are now dancing to the tune of the bear market as they have begun to send large amounts of ETH […]

The twists and turns continue to unfold in the ongoing legal saga between the United States Securities and Exchange Commission (SEC) and Ripple Labs. It’s worth recalling that the SEC filed a lawsuit against Ripple, alleging the unregistered sale of XRP as securities. Additionally, Judge Torres ruled that XRP isn’t classified as a security. As the case advances towards trial, […]