Mexican Peso is down 0.58% as market braces for Fed meeting and April inflation figures from Mexico. Banxico faces pressure if CPI reaccelerates; current inflation remains within the target band. US-Mexico tensions rose after a report of a rejected military incursion proposal to combat cartels. The Mexican Peso (MXN) began the week with losses of … Read more
Bitcoin took a stumble this week, dropping just under the $95,000 mark as two big forces hit the financial world at once. On one side, Donald Trump made waves with a fresh round of tariff threats. On the other hand, everyone’s holding their breath ahead of the Federal Reserve’s next move on interest rates. Together, … Read more
In brief Strategy unveiled its second-smallest Bitcoin purchase of 2025 The firm bought 1,895 Bitcoin, growing its stash by 0.3%. Bernstein and Benchmark reiterated positive ratings last week. Strategy, formerly known as MicroStrategy, acquired 1,895 Bitcoin worth $180 million last week, capping off a $21 billion at-the-money equity offering program unveiled in October, according to … Read more
For years, traditional finance folks saw Bitcoin as the wild child of the investing world. Volatile, unpredictable, and probably just a passing trend. Fast forward to now, and the world’s largest asset manager, BlackRock, is flipping the narrative. Their take? It might actually be too risky not to own some Bitcoin. Bitcoin ETF inflows for … Read more
The U.S. has unveiled a sweeping draft crypto bill that redefines digital asset oversight, igniting momentum for regulatory clarity, investor protection, and global market leadership. New US Crypto Asset Bill Draft Drops: ‘We Made Historic Progress’ The U.S. House Committee on Financial Services released a statement on May 5, unveiling a draft bill proposing a … Read more
Banxa’s KYB approval enabled legal fiat-to-Pi purchases in 100+ countries, boosting mainstream access. Despite regulatory progress, PI coin’s price remained flat amid low volume and weak momentum indicators. Banxa, a leading global crypto on-ramp, has secured KYB (Know Your Business) approval, clearing the way for users across more than 100 countries to legally purchase … Read more
Ripple (XRP) continues to remain in the limelight of the crypto market despite the increased volatility. Surviving the pullback over the weekend, the XRP price is hinting at a stronger comeback, potentially a new all-time high. At present, the current market price of XRP is $2.18, with an intraday recovery of 1.3%. XRP prepares to … Read more
Key Points: SEC delays decision on Canary Capital’s Litecoin ETF application. Public can provide comments until June 9. Litecoin price drops following announcement. On May 6, 2025, the U.S. SEC deferred its decision on Canary Capital’s Litecoin ETF, opening a public comment window until June 9. This postponement prompts further market scrutiny and impacts Litecoin … Read more
Key Points: CFTC plans to observe multiple tokenization pilot projects to gain insights. Signals increased regulatory engagement but involves no direct market intervention. Institutional interest may increase due to CFTC’s observer role. Caroline D. Pham, acting chairperson of the U.S. Commodity Futures Trading Commission (CFTC), announced the CFTC’s plan to observe tokenization pilot projects at … Read more
The SEC is ramping up its crypto focus with a high-stakes roundtable on tokenization, bringing TradFi and DeFi leaders together to redefine asset movement onchain. SEC Roundtable Set to Ignite Capital Markets 2.0 With Tokenization Talks The U.S. Securities and Exchange Commission (SEC) announced on May 5 that it has finalized the agenda and confirmed … Read more