Gold price struggles to capitalize on its weekly gains registered over the past two days. The optimism over US-China trade talks is seen weighing on the safe-haven commodity. Investors now look to the crucial FOMC policy decision for a fresh directional impetus. Gold price (XAU/USD) attracts heavy selling during the Asian session on Wednesday and … Read more
New Hampshire has become the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets, marking a significant milestone for crypto policy at the state level. Governor Kelly Ayotte signed House Bill 302 into law, stating on X, “New Hampshire is once again first in the nation,” celebrating … Read more
UK rejects Bitcoin reserves, focuses on regulated digital asset integration UK and US collaborate on crypto regulation, diverging from EU approach The United Kingdom has made it clear that it will not follow the United States in creating a national cryptocurrency reserve. Speaking at the Financial Times Digital Asset Summit in London, Emma Reynolds, the … Read more
Many interpret this as a form of stealth QE In April, it was reported that the Fed’s Reverse Repo Facility (RRP) balance had plummeted from over $2.5 trillion in 2022 to $148 billion Also today, the US Treasury auctioned $150 billion in 3-year Treasury notes, but only sold $78 billion Today, the Federal Reserve (Fed) … Read more
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment. Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously … Read more
Key Points: Talks address tariffs, economic strategies, and potential impacts on markets. First official dialogue between US and China since tariff increases. Global trade markets await outcomes impacting international policies. China and US Engage in Economic Talks Amid Trade Tensions He Lifeng leads the Chinese delegation to Switzerland for economic dialogue with US Treasury Secretary … Read more
A recent Cambridge report confirms that the United States now leads global Bitcoin mining, prompting questions about how China will respond. Though the country has long held an anti-crypto stance, Chinese mining pools have historically controlled a substantial portion of the global Bitcoin hashrate. The US’s current competitive edge and renewed hostility over trade policy might … Read more
Pi Network users can now store PI tokens in cold wallets. Zypto App and OKX Wallet with Ledger offer offline security solutions for PI. Wallet activations and upcoming features drive the need for safer token storage. Pi Network users can now store their PI tokens in cold wallets. The update comes as user demand for … Read more
The price of bitcoin vaulted to $97,469 per coin after idling near $94,000 for much of the day. Bitcoin’s volume tapped $24.27 billion, commanding 33.11% of all trades logged today. Bitcoin Resurfaces With Fury The leading crypto asset, bitcoin (BTC), climbed more than $3,500 from May 5’s intraday trough. The latest high was logged just … Read more
Top-tier crypto wallet brand Best Wallet continues to grab headlines, first due to its accelerating user growth metrics and secondly because of its stellar token sale campaign. This is no surprise, considering the obvious fundamental advantages it has over competitors like MetaMask and Phantom. Featuring a host of cutting-edge functionalities including decentralized storage, “Upcoming Tokens,” … Read more