November 7, 2025 05:35:36 UTC

Mike Novogratz Says Crypto’s Next Rally May Be Sparked by a Dovish Fed

Galaxy CEO Mike Novogratz believes the crypto market’s current sluggishness is a natural cooldown after a long bull run. He noted that many long-term holders are diversifying their portfolios, which could pressure prices in the short term but strengthen the market over time. Novogratz added that the market hasn’t yet reached its cycle top, and a more dovish Federal Reserve chair later this year could trigger the next major rally.

November 7, 2025 05:35:36 UTC

Japan’s Top Banks to Launch Yen-Backed Stablecoin Pilot in November 2025

Japan’s Financial Services Agency has approved a pilot project where MUFG, SMBC, and Mizuho will jointly issue a yen-backed stablecoin. As the first initiative under the Payment Innovation Project (PIP), the program aims t

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