Grayscale has taken the next step in its efforts to launch a spot Solana exchange-traded fund (ETF). On April 4, the digital asset manager filed a Form S-1 with the US Securities and Exchange Commission (SEC), aiming to convert its existing Grayscale Solana Trust (GSOL) into a publicly traded ETF. Crypto traders on the decentralized …
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Federal Reserve Chair Jerome Powell warned on April 4 that President Donald Trump’s newly announced tariffs are likely to elevate inflation and slow economic growth. However, he also signaled that the central bank would hold off on any interest rate moves until the effects are clearer. According to Powell: “It is too soon to say …
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Max Keiser, international journalist and current cryptocurrency advisor to the Bukele Administration, has referred to the resilience of bitcoin in the face of the new tariff-based trade order enacted by President Trump. Keiser stated that, even with the great reset kickstarted by Trump’s measures, traditional finance moves will not be able to bring a sustained …
The party has since severed ties with the adult performer after discovering comments she made in September regarding the Holocaust. Pornstar Appearance in NDP Campaign Video Raises Eyebrows in Canada Jagmeet Singh, leader of Canada’s far-left New Democratic Party (NDP) caused a stir on the web earlier this week when he appeared in a campaign …
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Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has since taken corrective measures to address the deficiencies flagged in the review. Okcoin Europe Fined $1.2 Million by FIAU for Compliance Failures Malta’s Financial Intelligence …
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Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil across Wall Street, with leading stock indices enduring steep declines …
Continue reading “‘Cut Interest Rates, Jerome’: Trump Lashes Out as Stocks Tumble”
Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456 million in misappropriated Trueusd stablecoin reserves. Sun stated that …
Bitcoin ETFs erased the prior day’s gains, posting a $100 million outflow, led by major exits from Grayscale and Bitwise. Ether ETFs also remained under pressure, logging a $4 million outflow, with Bitwise’s ETHW the sole contributor. Bitcoin ETF Outflows Resume as $100 Million Leaves Funds, Ether ETFs Extend Losses The brief resurgence of bitcoin …
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions against a network of financial facilitators and procurement operatives that provide supplies to the Houthis, an Iran-backed terrorist organization that has launched attacks against dozens of ships in the Red Sea and Gulf of Aden. In a statement, the OFAC …
A widely followed crypto analyst is identifying what needs to happen for the next altcoin season to ignite. In a new thread, crypto strategist Rekt Capital tells his 543,1000 followers on the social media platform X that altcoin season will start once Bitcoin’s (BTC) Dominance level, or its percentage of the total market capitalization of …
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A bill designed to stop the U.S. Federal Reserve from issuing a central bank digital currency (CBDC) moved a step closer to becoming law this week. The House Financial Services Committee passed Rep. Tom Emmer’s (R-Minnesota) “Anti-CBDC Surveillance State Act” by a vote of 27-22 on Wednesday. The potential legislation, which now moves to the …
Investment giant Grayscale is filing to rename its prospective Solana (SOL) exchange-traded fund (ETF) while removing staking from the trust. In a new S-1 Filing with the U.S. Securities and Exchange Commission (SEC), Grayscale says it intends to rename its previously filed trust, Grayscale Solana Trust, to Grayscale Solana Trust ETF. “In connection with this …
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Bitcoin and select altcoins hold steady even as the threat of a global trade war crushes the stock market. Bitcoin (BTC) price has managed to stay above the $80,000 level as volatility wrecked US stock markets on April 3 and April 4. The failure of the bears to capitalize on the opportunity shows a lack …
Continue reading “Price analysis 4/4: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LEO, LINK”
The USDC dollar-pegged token issuer had $1.67 billion in revenue for 2024, a 16% increase from the year before. Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump’s trade policies, the The Wall Street Journal reported. Circle …
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A Bitcoin sentiment metric fell to bear market lows this week, but clever counter-traders may interpret this as a risk-on, go-long opportunity for BTC. Bitcoin (BTC) sits in one of its least bullish phases since January 2023. According to Bitcoin’s “bull score index,” investor sentiment is showing its lowest reading in two years. Bitcoin bull …
