Major US Stock Indices Rise as Tech Stocks Shine
Major US stock indices rose with the Dow up 1.05% and tech stocks showing strength, while cryptocurrency-linked equities mostly declined.
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24/7 Blockchain industry dynamics and breaking crypto news
Elon Musk Plans to Merge SpaceX with xAI, Valuation Could Reach $12.5 Trillion
An internal memo reveals Elon Musk’s plan to merge SpaceX with xAI, aiming to combine AI and space resources with a potential valuation of $12.5 trillion.
Read MoreDollar Index Surges 0.67%, Market Attention Heats Up
The dollar index surged 0.67% on the 2nd, closing at 97.635, drawing significant market attention amid ongoing economic uncertainty.
Read MoreTrump's Feud with Powell Hinders Wos's Nomination Prospects
Trump's legal action against Powell sparks GOP infighting, with Senator Tillis vowing to block Fed nominations, stalling Wos's appointment amid ongoing tensions.
Read MoreArgentine Crypto Scam Suspect Arrested in Venezuela After Fleeing with Millions in Bitcoin
Argentine crypto scam suspect Rosa María González arrested in Venezuela after fleeing with $56M in Bitcoin. The Ponzi scheme defrauded investors of over $120M.
Read MoreFed's Reverse Repo Usage Surpasses $10.415 Billion on Monday
Latest data shows that the Fed's overnight reverse repo agreement (RRP) reached $10.415 billion on Monday, indicating increased demand for short-term financing tools.
Read MoreFed's Bostic Suggests Rate Cuts May Approach Neutral Level Sooner
Fed official Bostic indicates one or two rate cuts might bring rates to neutral, suggesting a potentially faster pace of policy adjustment.
Read MoreSky Protocol Repurchases 130 Million SKY Tokens in January, Total Exceeds $106 Million
Sky Protocol repurchased 130 million SKY tokens in January using 8.5 million USDS. Since the buyback program began in February 2025, the total amount has exceeded $106 million, reflecting the project’s confidence in its ecosystem.
Read MoreThree French Men Kidnap Elderly Man to Extort Crypto, Release Him After Realizing Mistake
Three men in France held a 74-year-old man hostage for 16 hours trying to extort crypto from his son, only to release him after realizing their mistake.
Read MoreBitcoin Surges Past $79,000 Milestone
Bitcoin hits a new high above $79,000, trading at $79,010 with a 2.66% gain in 24 hours. Market volatility rises, urging caution.
Read MoreGoldman Sachs Reveals Ethereum's Record On-Chain Activity, Showing Crypto Market Potential
Despite recent market volatility, Goldman Sachs highlights Ethereum's surging on-chain activity, with daily new addresses surpassing DeFi Summer levels, indicating strong potential.
Read MoreCircle Expands USDC Supply by 750 Million on Solana Blockchain
According to on-chain data, Circle has just minted 750 million USDC tokens on the Solana network, marking a significant step in expanding its stablecoin ecosystem.
Read MoreUS Stocks Surge as Dow Rises 1%
US stocks climbed higher with the Dow rising 1%. Market sentiment improved as investor confidence strengthened. Tech and financial sectors led the advance.
Read MoreTom Lee: Crypto Market May Be Nearing a Bottom as Selling Pressure Wanes
Analyst Tom Lee suggests crypto markets may be nearing a bottom as selling pressure fades and fundamentals remain solid.
Read MoreU.S. Government Shutdown Delays Release of January Employment Data
Due to the partial U.S. government shutdown, the Bureau of Labor Statistics has postponed the release of the January employment report.
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