Market

Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China’s Response

It’s a risk-off day in Asia as traders look to Beijing’s response to U.S. President Donald Trump’s sweeping reciprocal tariffs on China and other Asian nations. On Wednesday, Trump announced reciprocal tariffs on imports from 180 nations, including …

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Amber’s Nasdaq Debut Signals IPO Wave for Crypto Firms, Pantera’s Veradittakit Says

Amber Group’s (AMBR) listing on Nasdaq earlier this month paves the way for more crypto companies to take the same path, said Paul Veradittakit, a partner at Pantera Capital. Pantera was an early investor in the Hong Kong-based provider of crypto …

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Bitcoin Slides 1% as Goldman Picks Yen Over BTC Amid Tariff Fears

The Bitcoin-Japanese yen (BTC/JPY) pair faced a setback at key trendline resistance Wednesday, as Goldman Sachs (GS) cited the anti-risk yen as the leading hedge against rising U.S. tariff and recession risks. The BTC/JPY trading on the Japan-based …

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Innovation Amid Yield Compression: DeFi Lending Markets in Q1 2025

The first quarter of 2025 tells a clear story about DeFi’s evolution. While yields across major lending platforms have compressed significantly, innovation at the market’s edges demonstrates DeFi’s continued maturation and growth. The Great Yield …

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Bitcoin Could Threaten Dollar’s Reserve Currency Status: BlackRock’s Larry Fink

Still a big fan of digital assets, BlackRock CEO Larry Fink nevertheless said he’s not blind to the possible risks to the U.S. from Bitcoin’s (BTC) rise to prominence. “The U.S. has benefited from the dollar serving as the world’s reserve currency …

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NFT Marketplace X2Y2 to Shut Down After Trading Volumes Collapsed

X2Y2, evvel a leading marketplace for non-fungible tokens (NFT) will shut on April 30, ending a three-year run that saw the exchange briefly trail only OpenSea in trading volume during the NFT boom of 2021. The decision comes as the broader NFT market …

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It’s Back to Bitcoin for Darknet Markets After Monero’s Binance Delisting: Chainalysis

Darknet markets are increasingly returning to bitcoin (BTC) as their primary cryptocurrency because of rising liquidity and accessibility challenges associated with privacy-focused coins like monero (XMR), according to Eric Jardine, cybercrime …

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Archax Buys FINRA-Regulated Broker Dealer to Offer Tokenized Assets in the U.S.

Archax, a U.K.-regulated crypto exchange and custodian focusing on tokenized assets, has acquired a U.S. broker-dealer in an effort to enter the booming institutional market in the country after recent positive changes on the regulatory environment …

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Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week. Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 …

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Dogecoin, XRP Sink 7% as Trump Tariffs Threats Dent Markets; Bitcoin Options Expiry Looms

Dogecoin (DOGE), ether (ETH) and xrp (XRP) sank more than 5% in early Asian hours as traders took profits on a relief rally earlier in the week, with eyes on the U.S. personal consumption expenditure (PCE) figures scheduled for release later Friday …

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