“`html Bitcoin’s value dropped to $109,000 Wednesday afternoon after Federal Reserve Chair Jerome Powell indicated that further rate reductions might not occur in December. Since that moment, Bitcoin’s value has stabilized around $111,000. The decline happened shortly after the central bank decreased its key interest rate by 0.25 percentage points to a target range of 3.75%–4%. This reduction — the Fed’s second of 2025 following a cut in September — concluded a prolonged period of rate holds. The policy alteration aims to reduce borrowing expenses and bolster economic activity. However, Powell’s remarks indicating that additional cuts are not assured this…
Autore: wsjcrypto
“`html By Erika Mae P. Sinaking THE Philippines’ Independent Commission for Infrastructure (ICI) on Wednesday suggested the initiation of administrative and criminal actions against legislators and public works officials associated with a multibillion-peso kickback scheme connected to flood control projects, marking one of the largest corruption investigations under the administration of President Ferdinand R. Marcos, Jr. In a statement, the ICI noted its inquiry revealed “signs of collusion” among lawmakers, Department of Public Works and Highways (DPWH) officials, and private contractors in the creation and execution of flood control allocations within the national budget. Included in the recommendation to the…
“`html Trusted Editorial material, evaluated by prominent industry professionals and experienced editors. Ad Disclosure As Tuesday came to a close, the wider cryptocurrency market witnessed a downturn, resulting in substantial digital assets like Solana to forfeit their recently regained bullish drive. In spite of the continuing shifts in SOL’s price, the interest from institutions in the leading altcoin keeps strengthening via the SOL-based treasury. A Substantial Percentage Of Solana Held In Treasury Reserve In the quest for a digital asset-centered strategic treasury reserve, Solana persists in showcasing its potential and durability as a robust crypto asset for this expanding initiative.…
“`html Senators from the Democratic Party have urged US Attorney General Pam Bondi and the US Department of Justice to supply further details concerning the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump.In a public communication on Tuesday, seven Democratic senators stated that the pardon “indicates to cryptocurrency executives and other corporate criminals that they can engage in unlawful activities without consequences.” The lawmakers accused Trump of fostering criminal behavior “as long as it benefits him financially.”This letter follows similar remarks from US Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, earlier this…
“`html Dogecoin surpassed the $0.20 threshold as cryptocurrency markets exhibited a slight recovery. As per market updates, DOGE was priced around $0.20261 during one assessment, and subsequently attained $0.21 after a minor uptick. Bitcoin remained above $114,000 while Ethereum stayed above $4,200, providing additional backing for the rally. Related Reading Dogecoin Whale Acquisitions Ignite Buying Reports indicate that significant holders acquired over 327 million DOGE in the previous 24 hours. This surge of substantial transactions occurred alongside a trading volume rise of around 10% above weekly averages. The recent actions signify stronger than typical activity. The acquisitions were detected by…
“`html President Ferdinand R. Marcos, Jr. has approved a law prohibiting all Philippine Offshore Gaming Operators (POGOs), citing associations with money laundering and violations of human rights. According to Republic Act No. 12312 or the Anti-POGO Act of 2025, all employment permits and visas granted to individuals engaged in offshore gaming — including staff of operators, content providers, and accredited service companies — are presently annulled. Mr. Marcos endorsed the law on Oct. 23, directing the Department of Labor and Employment to establish initiatives that will assist Filipino workers in transitioning following the industry’s closure. The President initially declared the…
“`html Australia’s corporate overseer has published revised guidelines on digital assets, a move welcomed by blockchain leaders yet raising concerns regarding the rapid issuance of licenses.The Australian Securities and Investments Commission revised its Info Sheet 225 on Wednesday, declaring that companies providing crypto services recognized as financial products must become a member of the Australian Financial Complaints Authority and apply for an Australian Financial Services License by June 30.Bitcoin not deemed a financial productJohn Bassilios, a crypto attorney and partner at Hall & Wilcox, informed Cointelegraph that according to the new guidelines, assets such as Bitcoin (BTC), gaming non-fungible tokens,…
“`html The Norwegian Tax Administration reported that an increased number of individuals disclosed cryptocurrency ownership in 2024 compared to the prior year, following initiatives to enhance reporting.In a notice released on Tuesday, Norway’s tax agency indicated that over 73,000 residents in the nation reported possessing some type of cryptocurrency in their 2024 filings. This figure reflected roughly a 30% rise from crypto ownership in 2023, and significantly greater than in 2019, when merely 6,470 individuals in the 5.5 million-population country declared digital assets.“It is pleasing that more individuals are stating their cryptocurrency ownership, thereby ensuring correct tax reporting,” remarked tax…
“`html In computing, a denial-of-service assault (DoS assault; UK: /dɒs/ doss US: /dɑːs/ daas[1]) is a cyber offense where the offender aims to render a machine or network resource inaccessible to its designated users by temporarily or permanently disrupting services of a host linked to a network. -The Wikipedia definition of denial-of-service attack. This is a very fundamental idea. An individual utilizes their own resources to disturb the operations of other machines on a network. DoS assaults have been a concern for as long as the internet has been operational. One of the frequently debated “earliest Distributed Denial-of-Service (DDoS) assaults”…
“`html PHILIPPINE STOCKS concluded higher on Tuesday as investors acquired undervalued stocks following the market’s two-day downturn, but sentiment remained wary ahead of the US Federal Reserve’s policy announcement. The benchmark Philippine Stock Exchange index (PSEi) increased by 0.32% or 19.40 points, finishing at 5,953.16, while the broader all shares index climbed by 0.21% or 7.78 points to 3,589.51. “The Philippine market closed in the positive, fueled by bargain-hunting after two straight days of intense selling. Investors stayed cautious, closely observing forthcoming earnings announcements and the expected next action from the US Federal Reserve, which could affect market trajectory,” Luis…