Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders' confidence for a rate cut during the Federal Reserve's next meeting. Key points: Bitcoin rallied above $114,000 on Wednesday as markets cheered the softer-than-expected inflation figures. Several major altcoins have broken above their overhead resistance levels, signaling the resumption of the up move. Read more
The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3. Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in onchain value between July 2024 and June 2025. This onchain value received is up 52% compared to the previous reporting period and makes the region the third-fastest growing for crypto adoption, behind Asia-Pacific and Latin America. This reporting period, the region saw growth in institutional adoption, led by stablecoin flows, which are accounting for million-dollar transactions between Africa, the Middle East and Asia. In Sub-Saharan Africa, Nigeria led the way for institutional m...
Stephen Miran has made few public statements on crypto or blockchain, but signaled in interviews before joining the Trump administration that he would support digital assets. The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats voted against the potential Fed governor, while Republicans, in the majority, voted in favor. Miran, whom President Donald Trump picked to chair the Council of Economic Advisors in December, said during a hearing last week that he would not resign from his role advising the White House if his time as a Fed governor were extended past January. If confirmed, he would fill a term vacated by Fed member Adriana Kugler, ending on Jan. 31. Read more
The lightweight zero-knowledge proof will allow Bitcoin users to verify payments without having to download the full blockchain history. StarkWare, a company specializing in zero-knowledge (ZK) technology, a way of verifying information without revealing the specific contents of that information, said it created a ZK verification of the Bitcoin (BTC) blockchain that can run on mobile devices. The proof contains all the Bitcoin block headers from the genesis block until the present, but not the full and detailed Bitcoin blockchain history, which is over 680 gigabytes in size. Each block header includes the version number of the Bitcoin software used to mine the block, a reference to the previous block in the chain, a timestamp, the block size and the nonce — the random number the miner has to find to add the block to the ledger. Read more