Crypto News

Wall Street Forecasts Gold Price Surge to $2,795 by 2025

Gold prices are expected to rise to $2,795 per ounce by 2025, fueled by central bank buying, predicted Fed cuts, and geopolitical tensions. Estimates vary with Goldman Sachs forecasting $3,000 and ...

U.S. Unemployment Claims Decrease to 211,000 in Late December

In the week ending December 28, initial unemployment claims in the U.S. fell to 211,000, lower than expected. The four-week moving average also showed a decline, reflecting a positive trend in the ...

Phishing Attack Leads to $188,000 Theft of Virtual Tokens

In a recent incident tracked by Certik, a phishing attack resulted in the theft of 41,875.99 VIRTUAL tokens worth approximately $188,000. This event underscores the persistent security issues in th...

Bitfarms Announces 211 BTC Mined in December 2024, Revenue Rises

Bitfarms reported a 2% increase in Bitcoin production, mining 211 BTC in December 2024. Despite a year-over-year decline, operational speed grew to 12.8 EH/s, and liquid assets reached $147 million...

Dollar Index Hits Two-Year High as Fed Takes a Cautious Approach to Rate Cuts

The dollar index has soared to a two-year high amidst market expectations of a cautious Federal Reserve in 2025. Factors include potential inflation from proposed policies by President-elect Trump....