China News Daily TheBitTimes.com

The XRP price has jumped 9% in the past week and 1.4% in the last 24 hours to trade at $2.65 as of 4 a.m. on a 3% increase in trading volume to $4.69 billion. That increase comes as the odds of a Fed rate cut on Wednesday soared to 97.8%, according to the CME Group’s FedWatch gauge. 🇺🇲 97.8% chance for 25 BPS rate cut at tomorrow's #FOMC 🔥 What di you think will happen after that? pic.twitter.com/D7tgj97mIN — Crypto Seth (@seth_fin) October 28, 2025 The rate decision looms amid a government shutdown that has delayed key jobs and inflation reports, leaving Fed Chair Jerome Powell and policymakers “flying blind,” using private data and market signals instead of official government statistics. Despite these challenges, slow job growth, rising unemployment, and inflation stuck at 3% have convinced most economists that a rate cut is the right move. A cut would bring the federal funds rate down to a range of 3.75%-4% from 4.00%-4.25%. ...

The Cathie Wood-backed Solana treasury firm Solmate Infrastructure saw its prices surge over 30% after the company announced its plans for an aggressive mergers and acquisitions (M&A) strategy and confirmed additional SOL buys at discounted prices. That’s as institutional adoption for Solana continues to grow, with Fidelity also recently rolling out Solana trading access for both retail and institutional clients.  Solmate Infrastructure (SLMT), which rebranded from Brera Holdings, saw its share price reach an intraday high of $13 in the latest trading session. SLMT share price (Source: Google Finance ) It then retraced to close the trading day off at $11.41, marking a 36.65% gain for the day. However, there has been some pre-market selling activity that has pushed the stock’s share price down more than 13%.  The price of Solana also rose more than 1% in the past 24 hours, according to CoinMarketCap data.  Solmate Infrastructure To Launch UAE...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Renowned U.S. economist Peter Schiff, sharply criticized the idea of including XRP in the United States Cryptocurrency Strategic Reserve, questioning its purpose amid broader discussions about digital assets in the American economy. In a March 2, 2025, post on X, Schiff acknowledged the logic behind a Bitcoin (BTC) reserve, likening it to its digital gold narrative, but expressed his disapproval at the inclusion of the token, ‘what’s the rationale for an XRP reserve? Why the hell would we need that?’ I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that? — Peter Schiff (@PeterSchiff) March 2, 2025 The gold bug added to one post: Picks for you ...

The cryptocurrency market got a monumental jump in the third just after January’s midpoint. With positive sentiment abounding, a host of cryptocurrencies jumped in value Thursday. Among them is VeChain, but can the ongoing crypto market rally push VET to a $0.10 price in January? VeChain has quietly been one of the most promising cryptos toward the end of 2024. Although the project doesn’t have the same allure as Bitcoin (BTC), Solana (SOL), or Cardano (ADA), it has proven its worth by outperforming the trio over the last 24 hours. The question is, how high can it go toward the end of the inaugural month of 2025? Also Read: VeChain (VET) Targets $0.15 Despite New Year Drop: But When? VeChain Jumps 8% Amid Market Rally: Can VET Reach $0.10 Milestone Before February? There are many within the cryptocurrency market who expected big things this year. With US President-elect Donald Trump set to be inaugurated in just four days, he is poised to bring massive changes with him. More...

As the markets digest the just-concluded United States polls, it is emerging that the cryptocurrency space might be the biggest beneficiary of the elections. In this case, the benefits are coming from the fact that the sector was responsible for major financial backing that helped elect a wave of supportive candidates, Analysis by The Kobeissi Letter on November 8 indicated. The sector spent over $135 million through Political Action Committees (PACs), supporting over 50 candidates and securing 48 victories so far. Notably, as the tallying of the votes continue, the sector’s preferred candidates are ahead in all but three of the eight races. Picks for you Trading expert sets Bitcoin price for the weekend; Should you follow suit? 17 mins ago ...