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Crypto.com launches Cash Earn, offering up to 5% APY for U.S. users

Crypto.com has introduced Cash Earn, a new high-yield cash feature for U.S. customers, according to an announcement the company shared on Wednesday, October 22. The program offers up to 5.00% annual percentage yield (APY) on cash balances, paid in Cronos (CRO) directly within the Crypto.com app. Green Dot collaboration brings FDIC-backed yield to Crypto.com users Powered by Arc, Green Dot’s embedded finance platform, Cash Earn enables users to earn on cash held in an FDIC-insured account.  Balances are protected through a deposit sweep program by Green Dot Bank and its network of participating FDIC-insured institutions, providing coverage of up to $5 million. Joe Anzures, General Manager, Americas and EVP of Payments at Crypto.com, said: “We are aggressively focused on providing consumers with the most comprehensive and empowering financial technology platform – all conveniently accessible within one interface. We are excited to deepen our work w...

US President Trump Calls for Fed Chair to Lower Interest Rates

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In a moment that continues his stance against the head of the Federal Reserve, US President Donald Trump has called on Fed Chair Jerome Powell to lower interest rates. Indeed, the commander in chief took to his Truth Social platform to levy a slew of criticisms and concerns toward the bank head while calling him a “major loser.” Powell has emerged as the object of Trump’s disdain over the last week. His disapproval of the Federal Reserve’s actions so far has led the president to seek out whether he has the ability to fire the chairman. Specifically, he recently added that his termination “couldn’t come fast enough.” JUST IN: President Trump says Fed Chair Jerome Powell is a "major loser." pic.twitter.com/mp7M3n08kh — Watcher.Guru (@WatcherGuru) April 21, 2025 Also Read: Jerome Powell Just Warned of Market Crash: Too Soon to Cut Rates Trump Calls Out Fed Chair Powell Amid Bid to Get Interest Rates Cut The United States economy has found itself i...

Why is Bitcoin price up today?

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Bitcoin price is up, alongside the prices of stocks and altcoins, thanks to a “positive” CPI report. Bitcoin price is up on Dec. 13, and a market-wide rally in crypto prices has some investors hopeful that the intra-day high at $18,105 is a sign that BTC has bottomed.  A primary catalyst for the rally appears to be the Consumer Price Index report which showed energy decreasing by 1.6%, which should be welcomed news for struggling Bitcoin miners. With the overall CPI report showing easing inflation at 7.1% versus the previously expected 7.3%, equities traders are reacting by driving prices higher. Daily cryptocurrency market performance. Source: Coin360 The stock market is also flashing green, with the Dow showing a 600-point increase and the S&P 500 registering a 100-point gain. As reported by Cointelegraph, Bitcoin’s price action remains closely correlated to U.S. equities and today’s rally is no exception to the trend.  Here are a few reasons why Bitcoin price is up today . Bit...

Will Robinhood continue making advancements in the crypto space?

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The Federal Reserve hiked the interest rates by another 75 basis points on Wednesday. Assets across the financial spectrum—right from stocks to Bitcoin and gold—initially noted a couple of long green candles. However, the tides reversed quickly and the gains were mostly negated within minutes. Source: TradingView In fact, over $860 billion being was out from the US stock market yesterday, with tech and consumer cyclical companies taking the hit. JUST IN: Over $860 billion was wiped out from the US stock market today. pic.twitter.com/IqFNv4qFxG — Watcher.Guru (@WatcherGuru) November 2, 2022 FinServ company Robinhood’s shares were also 4.3% down a day back. In the after trading hours, however, it managed to glide up. After noting a close to 3% incline, HOOD was trading at $11.70. Source: Google Finance The company&rsquo ;s earnings report was out on Wednesday, and it reported a net loss of $175 million in the third quarter. The loss was, notably, s...

Bitcoin and Ethereum Price Prediction – Is BTC About to Surge 100% This Month?

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On October 25, the Bitcoin price showed a slight bearish correction after getting rejected at the $19,700 resistance mark. In contrast, Ethereum is consolidating in a narrow trading range of $1,335 to $1,360.  Major cryptocurrencies were trading sideways, maintaining narrow trading ranges, with a global crypto market cap of $931 billion and a trading volume of $513 billion.  Let's take a look at the top winners and losers so far today. Top Altcoin Gainers and Losers The top performers in the Asian session were Klaytn (KLAY), Axie Infinity (AXS), and Toncoin (TON). Klaytn (KLAY) is up more than 11% to $0.20, while AXS is up nearly 6% to $9.20. At the same time, TON has surged more than 5% to trade at $1.49 in the last 24 hours. Top Altcoin Gainers and Losers - Source: Coin360  In the last 24 hours, the price of The Trust Wallet Token (TWT) has plunged more than 5% to $1.04. The price of Aave (AAVE) has dropped more than 4% to around...