Steven Walgenbach

China’s central bank will soon let commercial banks pay interest on digital yuan holdings as part of a major overhaul of the token’s framework. The deputy governor of the People’s Bank of China (PBOC), Lu Lei, wrote in an article published by the state newspaper Financial News that the digital yuan (e-CNY) will begin to […]

BitMEX co-founder Arthur Hayes has deposited another $2 million worth of Ethereum (ETH) on crypto exchange Binance as part of his rotation into “high quality” decentralized finance (DeFi) tokens. That’s according to the on-chain analytics platform Lookonchain, who flagged the transaction in an X post published earlier today. In the post, the platform said that […]

Peter Schiff has warned of a “slow death” for Bitcoin as BTC’s price slips while gold and silver prices soar to new record highs.  “If Bitcoin won’t go up when tech stocks rise, and it won’t go up when gold and silver rise, when will it go up? The answer is: it won’t,” he wrote […]

Crypto market leader Bitcoin (BTC) may have ended its historical 4-year cycle and is now preparing for a year-long bear market warns Fidelity’s Director of Global Macro Jurrien Timmer.  “While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase, both in price and […]

Terraform Labs’ court-appointed administrator has sued Jump Trading and top executives for $4 billion, alleging their actions directly triggered the 2022 collapse of TerraUSD and LUNA. The lawsuit, reported by the Wall Street Journal and confirmed by Terraform Labs in a Dec. 19 post on X, targets Jump co-founder William DiSomma and former president Kanav […]