Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days. Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once
As per the Swiss multinational investment bank, UBS Group, the high-net-worth clients in Asia are slowly shifting away from US dollar-based investments and preferring gold, cryptocurrencies, and Chinese assets. The co-head of wealth management for Asia of the Swiss bank, Amy Lo, stated that Gold is getting very popular in
Bitcoin had reportedly surpassed stocks and showed an uptrend at the time of the sell-off on stock markets last month, after the US President, Donald Trump, announced tariffs on Liberation Day. From a fall of $75,000 reported on April 7, the largest cryptocurrency rebounded to $95,000, a 27% surge by
While cryptocurrencies are rapidly revolutionising financial systems, the Society for Worldwide Interbank Financial Telecommunications (SWIFT) is trying to prevent their misuse to circumvent sanctions by Russia and China. At the London Digital Assets Summit on May 6, Tom Zschach, SWIFT’s Chief Innovation Officer, laid out how the company is enhancing
Bitcoin surged early Wednesday in Asia as renewed optimism over US-China trade negotiations lifted investor sentiment. The cryptocurrency climbed as much as 3.2% to reach $97,500 in Singapore trading before pulling back slightly. Ether, the second-largest digital asset, also saw a gain of 4.2% amid the broader market rally. The
United States President Donald Trump on Friday suggested a possible lowering of tariffs on Chinese goods, referencing what he called “really very good” talks with China. At the White House, Trump said, “By the way, we have nice conversations going with China.”This was a statement made a day after Trump
Bitcoin and Ethereum plunged on Wednesday as U.S. President Donald Trump’s new tariffs on Chinese goods officially took effect. The sweeping trade measures have sparked a sharp downturn across global markets, triggering $411 million in crypto liquidations in the past 24 hours. Bitcoin dropped 4.1% to $76,550, while Ethereum lost
Senior Meta executive Sarah Wynn-Williams turned into a whistleblower regarding the firm’s involvement with China. The news is raising concerns about the social media giant’s intention behind helping China in advanced technology, such as AI development. A Bloomberg news report confirmed that Sarah is going to testify before the Senate
With more strict Western sanctions, Russian oil companies are using more and more cryptocurrencies to trade with India and China, Reuters. This reflects the part played by cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) in avoiding traditional financial rules. Crypto as a Tool to Trade Russian
The cryptocurrency market witnessed another hit on 3rd, February 2025, as China responded to Trump’s US tariff implementation. In retaliation, China imposed a 10-15% tariff on American goods and launched an antitrust probe into Google. Following this, Bitcoin fell to a three-day low of $91,541, and Ethereum lost nearly 25%
