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Bitcoin is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value.Loss of confidence in US policy boosts Bitcoin’s upside prospectsOn April …
Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions.“In December, Bitwise predicted that Bitcoin would end the year at $200,000. I still think that’s in play,” Bitwise chief investment officer Matt H…
Ethereum , the second-largest cryptocurrency by market capitalization, has faced significant price challenges this year, drawing sharp criticism from the community. It has been battered by escalating geopolitical tensions and broader market uncertainty.Yet, market watchers believe that a recovery co…
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws.The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities laws,” OpenSea …
Update April 10 at 1:41 am UTC: This article has been updated to include background on Paul Atkins and to correct the vote count.The US Senate has confirmed US President Donald Trump’s nominee, Paul Atkins, as chair of the Securities and Exchange Commission in a 52-44 vote largely along party lines.…
Bitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump’s tariffs and the upcoming US Consumer Price Index (CPI) results, says an analyst.However, another analyst argued that while it could signal an impending sell-off, it migh…
Prediction marketplace Kalshi has started taking Bitcoin deposits in a bid to onboard more crypto-native users.The company that lets users bet on events ranging from election outcomes to Rotten Tomatoes film ratings has seen a strong uptake among crypto traders, Kalshi told Cointelegraph on April 9…
United States President Donald Trump has issued a 90-day pause for "reciprocal tariffs" and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs.However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country's count…
U.S. lawmakers are escalating their efforts to draft legislation to regulate crypto as a whole, while some have raised concerns about recent moves to cut crypto enforcement.During a Wednesday hearing of the U.S. House Financial Services Committee, lawmakers unpacked their next move to regulate crypt…
Wall Street's main indexes turned sharply higher on Wednesday after U.S. President Donald Trump said he would pause many of his new tariffs for 90 days. At 13:30 EDT, the Dow Jones Industrial Average was up 4.94% at 39,504.25.The S&P 500 was up 5.50% at 5,256.83, and the Nasdaq Composite was up 6…
** Cryptocurrency and blockchain-related stocks soar as bitcoin prices rise** Bitcoin , world's biggest cryptocurrency, jumps 6.5% to $82,031; ether soars 10% to $1,627** Wall Street's main indexes jump after U.S. President Donald Trump authorizes a 90-day pause on new tariffs on many countries, ef…
Wall Street's main indexes inched higher on Wednesday as investors lapped up cheaper technology stocks in a choppy session that remained centered on tariff moves as China retaliated with more levies on U.S. goods. At 11:30 EDT, the Dow Jones Industrial Average was up 0.17% at 37,709.85. The S&P 500…