French officials pressured Telegram to censor Moldova election posts: Durov
French officials pressured Telegram to censor Moldova election posts: Durov
Telegram co-founder Pavel Durov said that French intelligence pressured Telegram into censoring political content, which he refused to do.
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Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 Days
With the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with a cool $869.189 billion stamped on the books. Aster and Hyperliquid Command 52.80% of $869B Perp DEX Market Perp DEXs are the current obsession, and [âŠ]
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Bitcoin To $200K? Galaxy Digital CEO Reveals The âBiggest Bull Catalystâ
The price of Bitcoin has had a mixed performance so far in 2025, falling to a low of around $74,000 in the first quarter of the year. The premier cryptocurrency has since set multiple all-time highs above the $120,000 mark over the past few months. However, while the Bitcoin price seems to have fallen into a consolidation phase in recent weeks, the general feeling in the market has always been that there remains an upside potential for the market leader. Galaxy Digital CEO Mike Novogratz has come forward to echo these sentiments while identifying the âbiggest catalystâ to kickstart a potential rally. âExceptionally Dovishâ Fed Chair Could Guide BTC To $200,000: Novogratz In a recent interview with Kyle Chasse on YouTube, Novogratz shared that the next major move for the Bitcoin price could hinge on the potential replacement of US Federal Reserve (Fed) Chair Jerome Powell. According to the Galaxy Digital CEO, the BTC price could go on a significant rally if the next Fed chair is exceptionally dovish. Related Reading: The Mobility Advantage: Why Bitcoinâs Portability Makes It Superior To Traditional Gold Novogratz revealed that the appointment of a dovish Fed chair is the potential biggest bull catalyst for Bitcoin and the crypto market. The CEO affirmed that the conversation changes for the worldâs largest cryptocurrency, which could reach as high as $200,000, if there is a leadership change. For context, a dove refers to a policymaker or advisor (typically in the Federal Reserve) who takes a looser monetary stance, including interest rate cuts, in a bid to grow the economy. The US Fed cutting interest rates is usually bullish for crypto and other risk assets, as it means that traditional investment instruments like bonds offer less lucrative returns. Hence, investors tend to flock to digital assets and the equities market. However, Novogratz noted the potential impact of aggressive rate cutting on the US dollar. While lower interest rates are usually positive for risk assets like Bitcoin, it has the opposite effect on the dollar market. The Federal Reserve announced a rate cut of 25 basis points (25bp) after the Federal Open Market Committee (FOMC) meeting in September. This decisionâfirst of its kind this yearâis expected to be the first of a couple more rate cuts to come before the end of 2025. Bitcoin Price At A Glance While the Bitcoin price responded positively to the Fedâs decision to cut rates in September, the premier cryptocurrency has struggled to build on the macro-driven momentum. As of this writing, BTC is valued at around $109,570, reflecting a mere 0.1% decline in the past day. Related Reading: Bitcoin Bull Run Is Over? These Signals Show Where The Market Is At Featured image from iStock, chart from TradingView
US Bitcoin ETFs Post $900M Net Outflows In Past Week â Details
The US spot Bitcoin ETFs (exchange-traded funds) endured some of the most difficult days in recent months over the past week. With the market sentiment flipping and the BTC price stalling, several US investors cashed out on their positions in the worldâs largest cryptocurrency by market cap. After posting strong performances over the past few [âŠ]
Ethereum Max Pain Hovers Near $4K as Traders Crowd December Calls
Ethereum woke up spicy Sunday as spot markets and derivatives desks steered the tone while spot price hovered near $4,014 after a $3,971â$4,031 intraday jog. Calls Rule the Board, Puts Rule the Day: Inside Ethereumâs Derivatives Mix Futures positioning stayed lively. Coinglass figures show exchange ether open interest (OI) elevated versus early summer, peaking in [âŠ]
XRP Flashpoint: Price Rejected at $2.83âIs a Drop to $2.65 Next?
XRPâs price sits at $2.77 today, backed by a market cap of $165 billion and a 24-hour trading volume of $2.73 billion. But donât let the numbers fool youâthe token is stuck in a standoff, ranging between $2.77 and $2.82, with traders waiting for someone to blink first. XRP On the 1-hour chart, XRP is [âŠ]