Ethereum (ETH) price gains momentum with the broader market surge, recording almost a 40% rally last week. As ETH price crosses $2,500, 6.61 million investors are about to witness their Ethereum portfolio turning green. Amid increased short liquidations wiping out ETH bears, an additional 3% jump could shake out almost $800 million of bearish positions. … Read more
Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed stocks and held up “incredibly strong” during a sharp sell-off on stock markets in April, following Donald Trump’s announcement of tariffs … Read more
GBP/USD Weekly Outlook: Pound Sterling looks to resume uptrend in data-packed week The Pound Sterling (GBP) erased weekly gains versus the US Dollar (USD) after the GBP/USD pair breached the critical 1.3290 support. The bearish momentum around the GBP/USD pair regained traction in the second half of the week as demand for the US Dollar … Read more
LAS VEGAS, NEVADA – APRIL 19: Dana White attends WrestleMania 41 Saturday at Allegiant Stadium on … More April 19, 2025 in Las Vegas, Nevada. (Photo by Georgiana Dallas/WWE via Getty Images) WWE via Getty Images When Turki Alalshikh announced the September 12 boxing card headlined by Canelo Alvarez vs. Terence Crawford would take place … Read more
The FBI is ramping up efforts to track victims of a massive crypto fraud tied to fake AML coins, urging submissions before June 5 for possible restitution. FBI Sets June 5 Deadline for Victims of AML Bitcoin and Crypto Fraud Empire The U.S. Department of Justice and the Federal Bureau of Investigation (FBI) are reaffirming … Read more
Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the governor’s earlier veto of its stablecoin bill. On May 9, the Northern Mariana Islands Senate voted 7-1 to override Governor Arnold Palacios’ April 11 veto … Read more
USD/CAD may appreciate due to optimism over progress in US-China trade talks held over the weekend in Switzerland. US Treasury Secretary Bessent characterized the discussions as a positive move toward narrowing the $400 billion trade imbalance. The CAD remains under pressure, weighed down by mixed labor market data and evolving expectations regarding the BoC’s policy … Read more
Key Points: Main event: China and the U.S. held economic talks with notable involvement from high-ranking officials. Concise takeaway: Talks result in new consultation mechanism for trade issues. Critical impact: Market anticipates positive adjustments following recent progress. China-U.S. Economic Talks Yield Progress and New Consultation Mechanism Geneva Talks Foster U.S.-China Trade Consultations High-ranking officials assembled … Read more
Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry. Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending, that could soon change, Ki Young Ju, CEO of crypto analytics firm CryptoQuant, said in a May 11 … Read more
Andre Hakkak, the co-founder and CEO of White Oak Global Advisors, is on track to achieve a net worth of about $400 million by 2025. This impressive figure reflects his significant ownership in a firm that manages over billions in assets, along with strategic investments in real estate, technology, and healthcare. Hakkak has built his … Read more