A prominent US Attorney’s office reportedly plans to reduce its focus on crypto cases with Donald Trump headed back to the White House. On Thursday, Trump announced on Truth Social that he planned to nominate Jay Clayton as U.S. Attorney for the Southern District of New York. Clayton led the Securities and Exchange Commission (SEC) during Trump’s previous term and has made crypto-friendly comments recently. Scott Hartman, co-chief of the

New numbers show the US government is piling a staggering amount of debt onto its balance sheet every single day. The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says the federal government is now borrowing $8 billion per day just to keep things running. Citing data from the Congressional Budget Office (CBO), the organization’s president Maya MacGuineas says the government borrowed more than a quarter of a trillion

After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell. Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices. He continued to emphasize that the Fed views current risks to inflation and employment goals as “being roughly in balance.” “We know that

The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – has been sentenced to five years for his role in the scheme. Court documents reveal

Donald Trump’s recent election victory has reignited discussions around his campaign promise to establish a strategic US Bitcoin reserve. Although the proposal remains unimplemented, it has sparked curiosity about whether this will actually happen, what such a BTC reserve could entail, and how it might function if brought to fruition.  The conversation, inspired by Donald Trump’s campaign promises to base Bitcoin as a centerpiece in US economic policy, outlined the

The executive chairman and co-founder of enterprise software firm MicroStrategy, Michael Saylor, believes Bitcoin (BTC) is not yet done rallying. In a new CNBC interview, Saylor says Bitcoin is heading to a six-figure price over the coming days and weeks. “I don’t think it’s going to $60,000, it’s not going to $30,000. I think it’s going to go up from here. I’m planning a $100,000 party and I’m thinking it’s

A widely followed cryptocurrency analyst and trader is turning bullish on a Dogecoin (DOGE) and Shiba Inu (SHIB) rival. The analyst pseudonymously known as Bluntz tells his 290,300 followers on social media platform X that the memecoin Pepe (PEPE) could soar more than 28% from its current value. The analyst practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave upside move after completing

Solana meme coin SLERF price noted a staggering 56% uptick on Saturday, gaining massive attention from investors. Notably, recent reports indicate that the meme coin whales and market makers are shifting their focus towards the crypto, which may have contributed to the recent gains. Besides, the soaring trading volume and other on-chain metrics also indicate further rally ahead for the asset. SLERF Price Rallies Amid Soaring Buying Pressure According to

A pseudonymous analyst and trader is leaning bullish on a major memecoin while updating his outlook on two top-10 altcoins by market cap. The analyst pseudonymously known as DonAlt tells 62,700 subscribers of the TechnicalRoundup YouTube channel that Dogecoin (DOGE) could skyrocket by approximately 165% from the current level. “Is Dogecoin going to a dollar? I still think so. Yeah.” Dogecoin is trading at $0.378 at time of writing, up

ARK Invest founder Cathie Wood says Bitcoin (BTC) remains on track to hit a massive price target in about five years. In a new interview on CNBC Squawk Box, Wood says that ARK Invest believes Bitcoin will reach more than half a million dollars by 2030, an over 600% gain from its current value. “We have a 2030 target. In our base case, it’s around $650,000. In our bull case,