QCP Insights: Bitcoin Breaks $85K After Fed Shift Sparks Rally

Bitcoin surged past $85,000 after the Fed signaled it would slow quantitative tightening, sparking renewed optimism across crypto markets. With rate cuts now expected as early as June, bullish sentiment is returning but risks remain. FOMC Surprise Fuels BTC Rally, But Caution Lingers Bitcoin saw a sharp rally past $85,000 following the Federal Reserve’s latest … Read more

TON Foundation raises $400M via token sale

The Open Network Foundation, also known as TON Foundation, has raised more than $400 million in token-based investments from several venture capital firms, signaling growing interest in the Telegram messaging ecosystem.  Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere and Karatage participated in the investment by purchasing Toncoin (TON), … Read more

SPAC Managed by Trump Media Executives to Pursue Crypto, Dual-Use Tech Deals

Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) led by executives linked to Trump Media & Technology Group, aims to secure $179 million to finance the purchase of a firm operating in cryptocurrency and blockchain technology, data security, or dual-use innovation sectors. Trump Media Associated SPAC Eyes High-Growth Sectors with $179M Capital … Read more

Trump says US will be ‘Bitcoin superpower’ as BTC price breaks 4-month downtrend

Bitcoin (BTC) sought to reinforce higher support at the March 20 Wall Street open as bulls broke out of a key downtrend. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Trump pledges to make US “Bitcoin superpower” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning above $86,000. Now circling the daily open, Bitcoin continued to build … Read more

Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status

The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar stood at 2,645 per dollar, a level last seen in late November 2024. This decline is attributed to rising imports and increased public debt, largely … Read more

TON-based XDAO protocol grants legal status to 367k DAOs

XDAO, a protocol based on The Open Network (TON), has enabled over 367,000 decentralized autonomous organizations (DAOs) to achieve legal status through its initiative that automates legal recognition for such organizations.  In an announcement, XDAO said it had streamlined the DAO creation process to allow DAOs to achieve legal status. An XDAO spokesperson told Cointelegraph … Read more

The fallacy of scalability — why layer 2s won’t save crypto

Opinion by: Dan Hughes, founder of Radix  Crypto has spent years betting on layer-2 (L2) solutions as its magic bullet for fixing issues with scalability. What if they’re the very thing putting us at risk? Instead of paving the way for mass adoption, this fixation has created a tangled web of rollups, bridges and fragmented … Read more

Tax agencies will double down on crypto before Bitcoin hits $1M

Opinion by: Robin Singh, CEO of Koinly In the race between regulation and Bitcoin (BTC) all-time highs, there is no doubt tax agencies will double down on their crypto-tracking systems well before Bitcoin hits $1 million. Crypto investors shouldn’t become complacent or assume they can skate by until the million-dollar price tag. In addition to … Read more

BTC Climbs to $86K as Market Reacts to Fed’s Policy Shift

The Federal Reserve’s concerns over persistent inflation and its subsequent move to slow the pace of quantitative tightening pushed bitcoin above $86K this morning. Bitcoin Hits $86K Following Federal Reserve’s Policy Change Bitcoin has extended its bullish momentum, reaching a high of $87,443 in the past 24 hours before settling at $86,053.70 at the time … Read more

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