Against the backdrop of yesterday’s announcement of a 90-day pause on previously imposed tariffs by the Trump administration, volatility in the currency markets has sharply increased again. European currencies, such as the Swiss franc, euro, and pound, continue to test recent extremes, awaiting the release of inflation data from the US. The events
Magic Eden Expands its Horizons with Acquisition of Crypto Trading App Slingshot, Moving Beyond NFTs
Magic Eden, a prominent player in the NFT space, has recently made a significant move by acquiring the popular crypto trading app, Slingshot. This acquisition marks a strategic expansion for Magic Eden into the realm of cryptocurrency trading platforms. The decision to acquire Slingshot was driven by Magic Eden’s desire to provide its users with [&
Argentina Opens LIBRA Investigation, Top Officials May Be Implicated
Argentina’s Chamber of Deputies has passed several resolutions to dig deeper into the scandalous LIBRA cryptocurrency failure, whose possible connections with President Javier Milei are also now being scrutinized. The Chamber of Deputies voted for a special committee to be created, for summoning government representatives, and for demanding detaile
Ukraine floats 23% tax on some crypto income, exemptions for stablecoins
Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins. Crypto transactions would be taxed at 18% with a 5% military levy on top as part of the proposed framework, released on April 8 by Ukraine’s National Securities and St
62.8% Of XRP Realized Cap Held By New Investors: Sign Of Fragility?
On-chain data shows a large portion of the XRP Realized Cap is in the hands of investors who got in during the last six months. Here’s what this could mean for the asset. XRP Investors Younger Than Six Months Have Significantly Increased Realized Cap Share In a new post on X, the on-chain analytics firm […]
XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce
Following its historical surge from $0.5 to over $3, the XRP price has remained in the spotlight, climbing alongside Bitcoin (BTC) and other leading cryptocurrencies. Given its past bullish performance, many forecasts anticipate a strong upward trend for this cryptocurrency. One particular prediction by a crypto analyst boldly suggests that the alt
Bitcoin Price Crash: Crypto Analyst Reveals What Would Reject Current Bearish Hypothesis
Since Bitcoin failed to hold above the $100,000 psychological barrier earlier this year, its bullish momentum has gradually unraveled. The pullback has deepened over the past two months, with Bitcoin trading between $75,000 and $79,000 in April. The bullish prospect is becoming very weak, and the crypto sector is searching for technical clarity ami
21Shares files for spot Dogecoin ETF in the US
Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale. The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm’s April 9 Form S-1 registration statement.
US Senate confirms Paul Atkins to lead SEC under Trump
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. Atkins’ confirmation on […]
XRP ETF Launch Impresses Even In Bear Market, Says Analyst
Teucrium’s newly launched 2x XRP ETF on the New York Stocks Exchange recorded $5.43 million in turnover during its first day of trading on April 8, despite XRP prices hitting a five-month low. The ETF, trading under the ticker XXRP, achieved this milestone as cryptocurrency markets faced widespread selling pressure. Bloomberg Senior ETF Analyst Eri