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The latest crypto coverage from the TrustFinance editorial desk.
Standard Chartered has initiated coverage on the Arbitrum network, projecting its native ARB token could surge to $10 by 2030, driven by the expanding tokenization of traditional financial assets.
Bitcoin's price stabilized following the Federal Reserve's first interest rate hike since 2023, recovering from a drop caused by the narrow failure of a key crypto regulation bill in the U.S. Senate.
SEC Chair Gary Gensler stated the agency will continue its regulatory actions against the digital asset industry under existing laws after a key crypto bill, the CLARITY Act, failed to advance in the U.S. Senate.
The U.S. Federal Reserve has increased its benchmark interest rate to a range of 3.75% to 4.00% to address high inflation, causing sharp price swings in Bitcoin and a shift in market sentiment.
Cardano's ADA token jumped more than 10% on Thursday, marking its largest single-day percentage increase since August 21 and lifting its market capitalization to over $7.8 billion.
The leading cryptocurrency fell from a four-month high after a surprisingly robust U.S. labor report for August fueled speculation that the Federal Reserve may raise interest rates later this month.
Bitcoin soared above the $80,000 threshold and crypto-related stocks rallied on Thursday after signs of a cooling U.S. labor market and dovish comments from a Fed official sharply reduced bets on a September interest rate hike.
The cryptocurrency EOS fell more than 10% on Friday, marking its largest single-day percentage loss since September 4, 2026, amid a wider downturn in the digital asset market.
The cryptocurrency EOS recorded its most significant single-day percentage increase in over nine months, rallying more than 14% amid modest gains in the broader digital asset market.
