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Crypto plunges as Trump tariff ‘medicine’ brutalizes global stock markets

Crypto plunges as Trump tariff ‘medicine’ brutalizes global stock markets

Cryptocurrency costs tumbled because the US inventory futures market opened sharply decrease on April 6 because the Trump administration doubled down on its international tariff technique. The Trump administration hit all nations with a ten% tariff beginning April 5, with some slapped at larger charges, together with China at 34%, the European Union at 20%, … Read more

Bitcoin falls below $80K — Will PI, OKB, GT and ATOM outperform BTC and altcoins?

Bitcoin falls below K — Will PI, OKB, GT and ATOM outperform BTC and altcoins?

Final week, Bitcoin (BTC) started displaying early indicators of decoupling from the US inventory markets. Bitcoin was comparatively flat over the week, whereas the S&P 500 plunged by 9%. The sell-off was triggered following US President Donald Trump’s April 2 international tariff announcement, which escalated additional on April 4 as China retaliated with new tariffs … Read more

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Stablecoins are the only finest device for the USA authorities to keep up the US greenback’s hegemony in international monetary markets, in accordance with LayerZero Labs CEO and founder Bryan Pellegrino. In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero interoperability protocol just lately chosen by Wyoming to be the … Read more

Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun

Bitcoin price drops below K as stocks face 1987 Black Monday rerun

Bitcoin (BTC) turned up volatility into the April 6 weekly shut as fears of a inventory market crash contrasted with bullish BTC value targets. BTC/USD 1-hour chart. Supply: Cointelegraph/TradingView CNBC’s Cramer: 1987 crash not “off the desk but” Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD dropping under $80,000 on the day, down 3% … Read more

CFPB likely to step back from crypto regulation — Attorney

CFPB likely to step back from crypto regulation — Attorney

The Client Monetary Safety Bureau (CFPB) will doubtless see a lowered position in crypto rules as different federal businesses just like the Securities and Trade Fee (SEC) and state-level regulators assume an even bigger position in crypto coverage, in accordance with Ethan Ostroff, accomplice on the Troutman Pepper Locke legislation agency. “I believe with the … Read more

As gaming giants crumble, onchain gaming promises remain unfulfilled

As gaming giants crumble, onchain gaming promises remain unfulfilled

Opinion by: Daryl Xu, co-founder and CEO, NPC Labs Whereas gaming has been on a gradual decline for the reason that finish of COVID-19 lockdowns, 2024 hit the trade particularly laborious, with layoffs and studio closures hitting even essentially the most distinguished studios.  Whereas unsustainable growth prices and an innovation disaster appear to be the … Read more

‘Climax of uncertainty’ before crypto market recovery

‘Climax of uncertainty’ before crypto market recovery

Cryptocurrency markets may very well be on monitor for restoration as investor sentiment begins to stabilize following US President Donald Trump’s sweeping tariff announcement — what some analysts are calling the height of latest market uncertainty. Trump introduced his reciprocal import tariffs on April 2, which despatched tremors throughout international markets. The S&P 500 misplaced … Read more

Decentralized exchanges gain ground despite $6M Hyperliquid exploit

Decentralized exchanges gain ground despite M Hyperliquid exploit

Decentralized cryptocurrency exchanges (DEXs) proceed to problem the dominance of centralized platforms, at the same time as a latest $6.2 million exploit on Hyperliquid highlights dangers in DEX infrastructure. A cryptocurrency whale made no less than $6.26 million revenue on the Jelly my Jelly (JELLY) memecoin by exploiting the liquidation parameters on Hyperliquid, Cointelegraph reported … Read more