Ukraine has complicated President Donald Trump’s efforts to stabilize oil markets amid the war in Iran, amplifying risks for financial markets including cryptocurrencies. For almost a month, the markets have been grappling with a single concern: the war in Iran. Disruptions in the Strait of Hormuz – a critical oil bottleneck – have sent prices […]
Macroeconomic risks rise as Ukraine adds to oil market uncertainty Read More »
Bitcoin fell to $68,507 Friday morning, down 3.2% over the past 24 hours and 2.7% for the week, following a familiar pattern that occurred for the fifth week in a row: a de-escalating headline followed immediately by an escalating headline. US President Donald Trump extended the deadline for Iran to reach a ceasefire agreement by
BTC, ETH, SOL and ADA fall as Trump extends Iran deadline but war risks persist Read More »
Heavy late-session selling and rising leverage suggest a bigger move is ahead, with increased downside risk.
XRP slides towards $1.35 as liquidation wave signals weak support Read More »
The unnamed “Big Four” company that Tether selected to audit its $185 billion USDT stablecoin is KPMG, the Financial Times reported Thursday, citing people familiar with the matter. Tether also hired PwC to prepare its internal systems ahead of the audit, marking the most concrete step yet toward a comprehensive financial review of the world’s
Tether hires KPMG for USDT audit, taps PwC as it prepares for US expansion Read More »
White House AI and crypto czar David Sacks is changing his title and joining the President’s Council of Science and Technology Advisors as co-chair, he announced Thursday. Sacks, who was named crypto and AI czar by US President Donald Trump before Trump took office last January, oversaw the White House’s early work on crypto initiatives,
White House Crypto Czar David Sacks Moved to Presidential Advisory Committee Post Read More »
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$70,046.42 Volatility indexes have been trading in a tight range lately, with volatility indexes surprisingly calm despite the Iran war, oil shocks and Fed rate hike expectations weighing on the market. Taurus call this resilience. But if you zoom out and look at other markets,
Brazilian President Luiz Inácio Lula da Silva has signed a sweeping series of reforms aimed at dismantling organized crime, and cryptocurrencies are at the center of the strategy. Under Law No. 15.358, enacted on March 25, cryptoassets confiscated from criminal organizations can be routed to Brazil’s public security system. This includes funding for police equipment,
Brazil passes law turning seized crypto into public safety war chest Read More »
U.S. Rep. Maxine Waters, the ranking Democrat on the House Financial Services Committee, is questioning the limited “master account” obtained by crypto exchange Kraken from the Federal Reserve Bank of Kansas City, which she says raises potential consumer protection concerns and questions about the approval process. Waters, who is likely to return to the committee
Top House committee Democrat questions Kraken’s Federal Reserve account Read More »
Bitcoin BTC$68,940.53 pared its earlier losses on Thursday afternoon after US President Donald Trump said he would extend a pause in attacks on Iran’s energy infrastructure. In an article by Truth Social, Trump said the pause would now be 10 days, citing ongoing diplomatic talks. “In accordance with the request of the Government of Iran…I
Trump extends Iran strike break, curbs price cuts Read More »
Stretch (STRC), the perpetual preferred stock issued by Strategy (MSTR), the world’s largest Bitcoin holding company, reclaimed its par value of $100 during Thursday’s trading session, giving the company room to raise funds to add to its stash of the largest cryptocurrency. The recovery took nine trading days after the ex-dividend date of March 13,
