Bitcoin headed into the Fed interest-rate cut with analysis bullish on the macro outlook, but traders split over new BTC price highs. Bitcoin (BTC) traders geared up for volatility as crypto heads into the US Federal Reserve interest-rate decision. Bitcoin bulls have a clear resistance level to overcome at $117,000 as the week gets underway. All eyes are on the Fed as markets unanimously expect the first interest-rate cut of 2025 to come on Wednesday. Read more
Yield-bearing stablecoins promise steady income onchain, but regulation, taxes and risks make them more complex than cash. Here’s what you need to know in 2025. Yield-bearing stablecoins include treasury-backed, DeFi and synthetic models. US and EU law ban issuer-paid interest; access is often restricted. Rebases and rewards are taxed as income when received. Read more
Shiba Inu’s DeFi team offered a $23,000 bounty to the Shibarium bridge attacker after a $2.4 million exploit, urging the return of stolen funds. Shiba Inu’s decentralized finance platform on its Shibarium layer-2 network offered a 5 Ether ($23,000) bounty to the attacker behind a recent bridge exploit, urging the return of stolen assets. On Monday, the DeFi platform sent an onchain message to the attacker saying that the bounty offer will remain open for 30 days. The protocol added a deadline and a condition that the bounty will begin decreasing in seven days. “Settlement is atomic when we call recoverKnine(). If you call accept() we cannot cancel the deal. Code is law,” K9 Finance wrote. “Bounty is live. Please, act fast.” Read more
Romanian Finance Minister Alexandru Nazare has recently met in Washington with representatives of the US Department of Commerce to discuss opportunities offered by Romania, with American officials being particularly interested in infrastructure, energy, technology and healthcare projects.