Key Points: White House plans trade agreements with key Asian economies, impacting markets. Agreements set to mirror UK tariffs at around 10%. Market experts predict easing tensions may boost cryptocurrency valuations. Wall Street insiders report that the White House is arranging trade agreements with India, Japan, South Korea, and Australia. Tariffs are to align with … Read more
A man from the US state of Virginia will spend over three decades behind bars after being convicted of sending crypto to the terrorist organization commonly known as the Islamic State of Iraq and Syria. Federal Judge David Novak sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison on May 7 for … Read more
Rumble’s pro-crypto founder and CEO has confirmed that the firm will launch its Bitcoin and stablecoin wallet in the third quarter of this year, aimed at giving the Coinbase Wallet a run for its money. The Rumble Wallet will be launched in partnership with stablecoin issuer Tether and compete directly with Coinbase, Chris Pavlovski said … Read more
Bitcoin mining firm MARA Holdings (MARA) nearly tripled its Bitcoin holdings over 12 months, according to its newly released Q1 results. However, its Bitcoin production fell, and total earnings slightly missed Wall Street estimates in Q1. MARA, formerly Marathon Digital, saw its Bitcoin (BTC) holdings increase to 47,531 BTC, up 175% from the 17,320 BTC … Read more
HodlX Guest Post Submit Your Post Blockchain-based organizations and crypto projects have long operated in a minefield of shifting and unclear regulations. But now, with the full implementation of the EU’s MiCA (Market in Crypto Assets) legislation and speculation about what Trump’s supposed crypto-friendly regulatory outline may look like, there is an air of optimism … Read more
Bitwise taps Icapital’s 100,000-strong advisor network to launch high-octane crypto strategies built for alpha generation, redefining institutional access to the digital asset frontier. Bitwise Leverages Advisor Army to Roll out Next-Gen Crypto Playbook Global crypto asset manager Bitwise Asset Management announced on May 7 a new partnership with fintech investment platform Icapital, aimed at expanding … Read more
Key Points: Trump proposes raising tax for wealthiest Americans, reversing 2017 cuts. Challenge expected as Republican lawmakers oppose tax rate increases. Proposal includes eliminating carried interest tax break, affecting funds. Former President Trump aims to increase the tax rate for the wealthiest Americans, introducing a new bracket of 39.6% for high earners. If passed, the … Read more
According to metrics from the crypto analyst, Ethereum (ETH) is now highly devalued compared to Bitcoin, the first time since 2019. Historically, such events have contributed to ETH outperforming BTC. The analyst presented several on-chain indicators that supported his assessment. ETH is now extremely undervalued compared to BTC, the first time since 2019. Historically, this … Read more
Robinhood to launch blockchain-based platform for trading U.S. stocks in Europe. Crypto trading hits $46B for Robinhood in Q1 2024, marking 28% annual growth. Acquisition of Bitstamp to unlock crypto derivatives and expand EU market reach. Robinhood Markets Inc. is reportedly preparing to launch a blockchain-based trading platform for retail investors in Europe. According to … Read more
Reports indicate that Meta, after stepping back from its earlier cryptocurrency initiative, is preparing to plunge into the digital currency domain again. The extensive reach of applications like Facebook and WhatsApp under Meta’s umbrella offers a robust potential market for cryptocurrency integration. While Telegram’s TON Coin marked a significant presence last year, Meta’s expansive scale … Read more