US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve

On Thursday, during a Fox News interview, U.S. Treasury Secretary Scott Bessent addressed the nation’s strategic bitcoin reserve (SBR), clarifying that the government has no plans to purchase bitcoin for it. PPI Surprise and Bessent’s Bitcoin Stance Causes Uncertainty Over the past 24 hours, the crypto market slipped 2.91%, nearly dipping below the $4 trillion … Read more

Fully Regulated Exchange XBO.com Unveils $XBO Token and Staking Program

, – XBO.com, a fully licensed global cryptocurrency exchange, has announced the launch of its native $XBO token on August 18th, marking a significant milestone in the platform’s growth. In parallel, the exchange will open a staking program immediately after the token launch, offering new holders the ability to stake their $XBO holdings and immediately … Read more

Hit a Six and Earn Crypto: New Game Blends Cricket With Web3 Rewards

Scor on Sweet and Winners Alliance have partnered to launch a Web3 mini-game where users control avatar versions of famous cricket players to earn gems through gameplay. In-Game Rewards Scor on Sweet has partnered with Winners Alliance to launch a Web3 mini-game that allows players to step into the shoes of avatar versions of prominent … Read more

Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar Rally

Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior … Read more

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