Web3 experts emphasize that the ongoing trade war, while presenting challenges, can also act as a catalyst for innovation within the blockchain space. However, they argue that fostering a mindset of global unity can help mitigate the divisive effects of trade wars. Decentralized Governance Can Mitigate Disputes Caused by Protectionist Policies As the U.S.-China trade […]
President Donald Trump already nominated Jay Clayton for the U.S. Attorney post, but Democratic minority leader Chuck Schumer has blocked the nomination, leaving Clayton in interim status. Trump-Era SEC Chairman Clayton to Lead SDNY Temporarily Former Chairman of the U.S. Securities and Exchange Commission (SEC) Jay Clayton will have to wait a little longer before […]
Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances its capacity in the fixed-income markets. As a FINRA broker-dealer, Hidden Road can further develop its fixed-income prime brokerage services and extend its capabilities in […]
HTX has integrated and launched Fireblocks Off-Exchange, a solution aimed at institutional trading. This integration enhances the platform’s security infrastructure and streamlines operations within a compliant framework. Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, which reduces counterparty risk while allowing for rapid, low-cost settlement. Since […]
The latest US initial jobless claims data came at 215,000, below the estimated expectation of 225,000, on April 17. The dip in jobless claims indicated that the US labor market remained stable, with fewer people being affected by the uncertainty of US tariffs. Initial jobless claims are a leading economic indicator that measures the health […]
Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025. […]
Spot trading volume across the top ten centralized exchanges (CEXs) hit $5.4 trillion in Q1 2025, a 16.3% decline from the previous quarter, as crypto market momentum cooled following a euphoric end to 2024. Top Crypto Exchanges See 16% Volume Dip in Q1 2025 Crypto trading cooled off sharply in the first quarter of 2025. […]
Key points: Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Bitcoin’s decoupling from traditional markets continues to gain attention. Bitcoin (BTC) traders are somewhat puzzled by BTC price jumping to $85,000, especially since the S&P 500 […]
US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks undermining the central bank’s political independence. With the European Central Bank (ECB) cutting interest rates again on April 17, “Too Late” Powell has failed to […]
Just five days ago, the likelihood of a quarter-point rate cut was higher, but with fewer than 20 days remaining until the U.S. central bank’s next Federal Open Market Committee (FOMC) meeting, those odds have diminished. In Five Days, Fed Rate Cut Odds Have Declined Massively While a rate cut seems unlikely at the May […]
The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC). In an April 17 meeting in the extension of the Wyoming Capitol building, Commissioner Joel Revill suggested the […]
The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison. Source: Cointelegraph/TradingView In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months earlier. Similarly, gold reached a new high near $2,075 in 2020 […]
