The cryptocurrency market tumbled on Thursday after the Federal Reserve lowered interest rates on Wednesday but expressed caution about further cuts next year.

Welch has not posted or uploaded anywhere online since the incident.

BlackRock put out a three minute video explaining Bitcoin. A key characteristic of Bitcoin is that it has a fixed supply of 21 million. The fund giant said there is no guarantee that the fixed supply will not be changed.

ChainCatcher news, the Lightning Network liquidity staking protocol UTXO Stack has completed its Series A financing with a valuation of $50 million, jointly invested by UTXO Management, CMS, and PAKA.After this round of financing, UTXO Stack will launch its first-ever large-scale airdrop incentive program targeting BTC liquidity within the Lightning Network in early January 2025. Subsequently, it will coordinate with the launch of the CKB Lightning Network Fiber Network mainnet to provide liquidity airdrop incentives for CKB and RGB++ related assets. The Token Generation Event (TGE) is expected to be completed in Q1 2025, marking the first TGE in the Lightning Network ecosystem.It is reported that UTXO Stack had previously completed a seed round of financing, co-led by ABCDE Capital and SNZ Capital, with participation from CKB Eco Fund, OKX Ventures, UTXO Management, Waterdrip Capital, Matrixport, y2z Ventures, and DRK Lab.

Led by DCG, the round underscores FLock’s momentum in reshaping AI through decentralized and private model training.

Bitfinex analysts predict that BTC prices will climb as high as $200,000 by mid-2025, according to a report published on Dec. 10.

Exodus considers itself “a pure-play crypto company” at a time when more investors seek exposure.

Authorities in El Salvador have agreed to end the use of bitcoin for tax payments by February 2025 in order to secure an IMF loan extension.