After the past day shook the market, prices have rebounded quite swiftly. Bitcoin, despite revisiting the $74K range, recovered quickly to the $80K range over the last 24 hours. This resulted in a recovery in altcoins, although other subsectors see a silent cloud hanging over them. Notably, despite the lack
Cathie Wood’s ARK Invest has acquired Coinbase (COIN) shares worth $13.4 million across three of its ETFs. The move comes amid a broad market sell-off triggered by President Trump’s new tariff policies. Despite the turmoil, ARK doubled down on its long-term crypto strategy. According to ARK’s daily trade report for
Hong Kong will soon pass stablecoin legislation and establish licensing rules for over-the-counter (OTC) transactions and digital asset custody services. Financial Secretary Paul Chan announced the plans during the Hong Kong Web3 Festival on Monday, signaling the city’s ongoing push to refine its Web3 policy. The new legislative framework will
The global financial world is in panic mode and crypto is right at the center of it. After what’s now being called a new “Black Monday,” both traditional stock markets and crypto markets are seeing red. It all started with U.S. President Donald Trump’s sudden declaration of April 6 as
Crypto regulation took a front seat among countries across the globe after the re-election of Donald Trump as the US president. Stablecoin regulation is already witnessing a clear progression in the US and other countries. As per the latest reports, Hong Kong’s regulator released a crypto staking guidance for licensed
The cryptocurrency market has crashed over the last 24 hours. Approximately $1.35 billion has been washed out as prices plunged rapidly. The global crypto market is valued at $2.49 trillion now, which is a 11.4 percent decrease from yesterday. Top Cryptos Drop Sharply Bitcoin dropped to $75,000, while Ethereum is
Global macroeconomic conditions and trade wars among countries are causing crypto market turmoil. While Bitcoin has fallen below the $80K price level, the Ether price is trading in the $1.5K price range. Meanwhile, Ethereum whales are taking the present market dip as an opportunity to accumulate more ETH. On-chain analyst
Bitcoin and the broader crypto market show resilience as U.S. equities face a brutal selloff. President Donald Trump’s unveiling of reciprocal tariffs sparked a $5.4 trillion wipeout in just two days. The S&P 500 dropped to its lowest in 11 months, while the Nasdaq 100 entered bear market territory. Despite
U.S. SEC Acting Chair Mark Uyeda has ordered an agency-wide review of multiple crypto-related regulatory statements. This move aligns with Executive Order 14192, titled “Unleashing Prosperity Through Deregulation.” The directive aims to rescind or revise guidance inconsistent with current SEC priorities. Statement from Acting Chairman Mark Uyeda: Pursuant to Executive
Pi Network is slowly turning into a controversial topic in the crypto industry. The reputation it has built over the past few years is at stake due to its network delays. Major crypto exchanges distanced themselves from listing Pi coins as the project is lacking transparency and has network issues.
