Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation.
Altcoin news
The DeFi protocol also launched an in-house perpetuals trading app.
The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
Bitcoin’s pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
Arthur Hayes has published a “Trump Truth” blog post, forecasting a massive crash in crypto markets following Donald Trump’s inauguration in January.
Bitwise’s new Solana staking ETP, BSOL, enters the European market with competitive rewards and low fees, surpassing rivals.
Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them.
Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading.