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.
The US government is speeding up its process of regulating the crypto space. It’s only been a couple of days since the STABLE Act was passed to regulate stablecoins. Today, the SEC came up with another announcement, which is also a major reform to stablecoin regulation. The latest Bloomberg article
Malta’s Financial Intelligence Analysis Unit (FIAU) has imposed a $1.2 million fine on OKX’s local subsidiary for breaching the island nation’s anti-money laundering (AML) regulations. The penalty comes after an onsite compliance check held in April 2023, which revealed a number of breaches—some of which were considered serious and systemic,
VeChain (VET) has begun staging a recovery amid broader market uncertainty, with its price climbing 2.2% in the last 24 hours. This positive movement comes despite downward pressure on the crypto market following the US President’s signing of an executive order initiating new tariff wars, which has sparked global economic
Coinbase Institutional has lodged a petition with the U.S. Commodity Futures Trading Commission (CFTC) for the launch of XRP futures. This contract offers a regulated and capital-efficient avenue for exposing traders to XRP. The contract’s launch is on April 21, 2025, pending regulatory review. The XRP futures contract will trade
In the last 24 hours, intriguing actions have occurred in the mainstream economic sector. The US has once again received the spotlight with Trump announcing further tariffs on all international trades. Moreover the tariff impositions are further kindling the mounting tensions between the nations. Meanwhile, within the crypto sector several
A long awaited SEC Chair has been came to an end by picking Paul Atkins a pro crypto leader. Paul Atkins advanced toward being the next U.S. Securities and Exchange Commission (SEC) Chairman after receiving a close Senate Banking Committee vote. The committee voted 13-11 in favor of approving Atkins’
