Reports indicate that new evidence has undermined President Donald Trumps attempt to remove Federal Reserve Governor Lisa Cook just days before a key Federal Open Market Committee (FOMC) meeting. Markets widely expect the Fed to cut U.S. interest rates soon, and Cooks continued presence is seen as crucial in protecting the Feds independence from political influence. Trump has long pushed for aggressive rate cuts, even considering firing Fed Chair Jerome Powell. While Powell has recently shown openness to easing policy, Trumps focus shifted in August toward Cook, accusing her of mortgage...

Circle, the second-largest stablecoin issuer, has minted more than $677 million worth of USD Coin (USDC) within just three hours, fueling speculation across the crypto community. Large-scale stablecoin issuances are often seen as bullish signals, suggesting preparation for heightened liquidity and potential market growth. USDCs 24-hour trading volume surged 20% since yesterday, and the sudden injection of hundreds of millions in tokens could ensure smooth circulation if trading activity spikes. Similar moves in the past, such as World Liberty Financials $200 million USD1 mint before its...

Sei Network is preparing for a major leap forward as it integrates data from the US Department of Commerce onto its blockchain. This move positions Sei as a potential backbone for the tokenized economy, enhancing trust and opening the door to large-scale adoption of stablecoins and real-world assets (RWAs). The integration follows the Departments previous collaboration with Chainlink (LINK) to bring GDP and PCE data on-chain. Now, with Chainlink Data Streams live on Sei, the network is setting the stage for institutional-grade settlement and government-backed data access in real time....

Musician Sean Ono Lennon, son of legendary Beatle John Lennon, has once again voiced his support for Bitcoin while criticizing U.S. monetary policy. Taking to X (formerly Twitter), Lennon called Americas reliance on runaway money printing the true root cause of most of the ills of our society. He argued that Bitcoin offers a powerful alternative capable of addressing the systemic issues caused by unchecked currency expansion. Lennon has been outspoken about Bitcoin since 2020, when governments worldwide engaged in massive money printing during pandemic lockdowns. At that time, he noted how...

XRP traders are closely watching the charts as a key bullish technical pattern has just appeared. On the eight-hour chart, the 23-day moving average crossed above the 50-day, forming a golden cross. This setup, often seen as a strong bullish signal, has not occurred for XRP in some time. Historically, the last time this pattern appeared, the price did not stay range-bound for long. Over the past several weeks, XRP traded between $2.70 and $3.07, with every bounce capped and every dip absorbed, signaling a market waiting for a trigger. The repeated defense of the $2.70 level, aligned with the...

Prediction market platform Kalshi is facing a lawsuit from Massachusetts Attorney General Andrea Joy Campbell, who alleges the company is violating state gambling laws. The complaint, filed Friday, targets Kalshis newly launched sports event contracts, introduced in January 2025, claiming they fall under regulated sports wagering and require a state license. According to the filing, Kalshis sports markets operate like products offered by licensed sportsbooks such as FanDuel. The contracts, structured as binary options, allow users to bet on the outcome of sporting events, which the attorney...

Polymarket, the online prediction market platform where users bet on real-world outcomes, is reportedly considering a deal that would value the company at $9 billion, according to The Information. This marks a dramatic rise from its $1 billion valuation just three months ago, following a funding round led by Peter Thiels Founders Fund. The surge in valuation comes as U.S. regulators ease restrictions on prediction markets. In 2021, the Commodity Futures Trading Commission (CFTC) barred Polymarket from offering contracts in the U.S. However, earlier this year, the agency granted approval for...

Altcoins continue to dominate recent crypto market action, with Solana (SOL) and Dogecoin (DOGE) showing impressive gains. Over the past week, SOL surged 17% to $243.35, while DOGE advanced 25% to $0.2759. Analysts point to the anticipation of upcoming ETFs and new crypto treasury firms focused on these tokens as key bullish drivers. Meanwhile, the spotlight is shifting back to the market leaders. Bitcoin (BTC) climbed 2% in late U.S. trading on Friday, reaching $116,600, while Ethereum (ETH) jumped 5% to $4,650 both hitting their highest levels since late August. That period followed...

Gemini (NASDAQ: GEMI), the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, made a strong public debut on the Nasdaq Global Select Market Friday. Shares opened at $41, soaring 45% above the IPO price of $28. The offering valued Gemini at approximately $3.3 billion and raised $425 million through the sale of 15.2 million shares. Despite its successful launch, Gemini faces ongoing financial challenges. The company reported a net loss of $283 million in the first half of 2025, following a $159 million loss in 2024. Still, strong investor demand pushed the IPO pricing above...

Solanas SOL token rallied above $239 on Friday, extending its strong September momentum. The surge comes as Galaxy Digital CEO Mike Novogratz praised Solana as tailor-made for global financial markets, while analyst Ali Martinez charted a bullish path toward $1,314. Martinez highlighted Solanas breakout from a classic cup-and-handle pattern, a bullish formation that often signals the start of a long-term rally. Using Fibonacci retracement levels, he identified $1,314.41 as the key technical target. The breakout above $220 resistance, Martinez said, validates the structure and opens the door...