JUST IN: 🇺🇸 Treasury Secretary Scott Bessent said "Crypto is not a threat to the dollar...Digital assets are one of the most important phenomena in the world right now."
JUST IN: BNB price action tightens between $640 support and $653 resistance. Currently testing the 200-period moving average near $651.50. Momentum indicators show mixed signals; bulls aim to break resistance to trigger upward momentum.
Solana is integrating with the Internet Computer Protocol—joining Bitcoin and Ethereum—enabling cross-chain smart contracts across all three blockchains.
Largest crypto seizure in U.S. history linked to fraud
The U.S. Department of Justice has seized over $225.3M in cryptocurrency tied to fraudulent investment schemes known as “crypto-confidence scams.” This marks the largest digital asset seizure ever carried out by the U.S. Secret Service and FBI.
Scammers lured victims by posing as legitimate investment platforms. According to investigators, hundreds of U.S. citizens and over 400 people worldwide were affected. In 2024 alone, damages from such schemes exceeded $5.8B.
JUST IN: Fed Chair Powell suggests that rate cuts may be on the horizon. With a strong labor market and declining inflation, maintaining current rates is deemed appropriate. He emphasizes patience, indicating that waiting a few months will lead to a more informed decision.