South Korean Presidential Candidates Back Legalisation of Bitcoin ETFs
South Korea may soon follow the footsteps of Hong Kong in legalising spot Bitcoin exchange-traded funds (ETFs), as all three leading presidential hopefuls have voiced support for institutional investment in cryptocurrencies. However, despite the optimistic rhetoric, previous political promises have left many in the crypto industry cautious about potential regulatory
Trump Announces Unprecedented U.S. Tariff Measures Amid Trade Tensions
Broader implications include heightened global trade volatility, with potential crypto market effects expected as traders seek stability. The newly imposed tariffs under Executive Order 14257 reach levels described by President Trump as never before seen, impacting a broad range of imports. This action comes as a response to ongoing trade
While Everyone Waits for the Fed to Cut Interest Rates, Market Guru El-Erian Makes a Surprising Statement
Mohamed El-Erian, Allianz chief economic advisor and president of Queens’ College, Cambridge University, said on CNBC’s “Squawk Box” that investors should expect fewer and later rate cuts from the Fed this year. According to El-Erian, although markets may see some relief in the short term in light of global economic
Moo Deng Surges 530% in a Week as Meme Coins Outperform the Market Amid ‘Macro Hopium’
Solana’s viral meme coin Moo Deng (MOODENG) has skyrocketed over 530% in just seven days, leading a broad surge in meme tokens fueled by improved global economic sentiment and renewed crypto enthusiasm. Meme Coins Take the Spotlight In a remarkable rebound for meme-based cryptocurrencies, Moo Deng has become the standout
Bitcoin Surges Past $105K as US-China Slash Tariffs in Surprise 90-Day Deal
In a surprising turn of events, the United States and China have agreed to a 90-day mutual reduction of tariffs, a significant de-escalation in their long standing trade war. This development has not only boosted investor confidence in traditional markets but also sent ripples through the crypto world. Bitcoin, the
US White House Economic Advisor Provides Latest Update on Tariff Talks with China
US White House Economic Advisor Kevin Hassett stated in his statements on the Fox News Sunday Morning Futures program that Commerce Secretary Howard Lutnick and US Trade Representative Greer are working on approximately 24 trade agreements. Hassett said China was “very keen” to rebalance its trade relationship with the US
Bitcoin Breaks $100K Barrier as 190,000 Traders Liquidated in Largest Shakeout Since 2021
In an unprecedented surge, Bitcoin (BTC) officially crossed the $100,000 mark in the past 24 hours, setting off a wave of volatility across the cryptocurrency market. While the milestone has been celebrated by Bitcoin proponents, the aftermath has exposed vulnerabilities within leveraged trading. According to data from CoinGlass, approximately 190,000
Bitcoin Crosses $100K Again as Market Eyes $200K Target
Bitcoin has once again broken past the $100,000 mark, trading at $100,794 at the time of writing. The leading cryptocurrency surged 4.11% from an intraday low of $96,150, reclaiming six-figure territory for the third time since December 2024. The first record-breaking moment came on December 5, followed by a second
Among other things, Onyxcoin leads the daily gainers.
The cryptocurrency market saw notable movement today, with Onyxcoin ($XCN) leading the charge among the top gainers. The data, shared by Phoenix Group, highlights a range of tokens experiencing significant price increases, signaling bullish sentiment across various projects. Investors and analysts are closely monitoring the developments as several lesser-known assets make their
The US House votes against the IRS rule that targets DeFi platforms.
The decision was made after a similar Senate vote, and if approved again, it will go to President Trump. Meanwhile, the Senate Banking Committee is preparing to vote on the updated GENIUS Act, which is a stablecoin regulation bill that could grant US-issued stablecoins a competitive edge. Additionally, Senator Cynthia
