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The U.S. dollar sank on Friday and the safe-haven yen strengthened towards a six-month peak, as traders weighed the fallout from President Donald Trump's aggressive and far-reaching new tariff measures.The dollar slipped toward a six-month trough against the euro prior to the release of a crucia…
BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes …
U.S. spot bitcoin exchange-traded funds logged $99.86 million in net outflows Thursday, as the U.S. stock market tumbled following Trump's tariff announcement.Grayscale's GBTC led the outflows with $60.2 million, followed by Bitwise BITB's outflows of $44.19 million and Fidelity FBTC's $23.27 millio…
Violent selloff in equities didn’t spill over to the crypto space as Bitcoin was largely unfazed in all that market mayhem. But why? 💎 Bitcoin Muted at $83,000Bitcoin prices floated sideways Friday, surprisingly extending their Thursday drowsiness, as crypto traders didn’t panic amid all the selli…
The euro edged towards its highest level in over six months on Friday, following its biggest daily rise in almost three years the day before, as investors weighed the impact of U.S. tariffs.The U.S. dollar was slightly higher while the safe-haven yen strengthened toward a six-month peak and the …
DUBAI, UNITED ARAB EMIRATES / ACCESS Newswire / April 3, 2025 / Gold prices have shattered previous records, exceeding $3,100 per ounce, reinforcing their position as a vital safe-haven asset in an increasingly volatile global landscape. Bybit, the world's second-largest cryptocurrency exchange by t…
Crypto-friendly Paul Atkins just inched closer to succeeding Gary Gensler as the next chairman of the U.S. Securities and Exchange Commission (SEC) after passing a key vote from the Senate Banking Committee on Thursday.Senate Banking Committee Advances Paul Atkins To Lead SECThe U.S. Senate Banking …
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Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin.The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent.Mark…
Amid the recent implementation of President Trump’s “Liberation Day” policies, the US Dollar Index (DXY) has plummeted to its lowest level since mid-October 2024. This signaled a turbulent time for the greenback.Despite the downturn, some analysts believe the weakening dollar could fuel short-term g…
South Korea's top financial regulator said it could possibly open the doors for foreigners to invest in the local cryptocurrency market under the condition that domestic exchanges equip sufficient anti-money laundering capabilities. Kim Sung-jin, the head of the virtual asset division under the Fina…
By Dow Jones Newswires StaffU.S. stock futures and global equities markets tumbled along with the dollar and Treasury yields following the Trump administration's sweeping tariffs, which were harsher than expected.S&P 500 stock futures were last down around 3% and Dow Jones Industrial Average futures…