The crypto market is experiencing significant turmoil as US President Donald Trump has imposed sweeping tariffs on major trading partners, including Canada, Mexico, and China. Amid this escalating Trump tariff war, the crypto market crashes with over $570 million in long positions liquidated. Trade War Escalates Worldwide As Trump Releases New Tariffs According to the
Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity. “My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor said during Strategy’s
This is an AI-generated image Pi Network, once hailed as a revolutionary crypto project with the potential to rival Bitcoin, is fast becoming one of the biggest letdowns of 2024. Since peaking in February, the Pi Coin has crashed by 85%, falling to just $0.41, wiping out billions in market value. Despite its massive user
Hong Kong’s stablecoins ordinance, which took effect on Friday, puts cryptocurrency’s most-traded cash substitute under the same regulatory framework as banks, triggering a rush for a limited number of licences from the Hong Kong Monetary Authority (HKMA). Some market observers were caught by surprise after learning that the first batch of stablecoin licences was only
Coinbase Inc. today announced that it’s planning to expand its core trading app beyond cryptocurrency, with a new “everything exchange” that will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The plans were revealed by Max Branzburg, vice president of product at Coinbase, in an interview with CNBC. “We’re building an
The crypto industry is in an uproar after emails from Commodity Futures Trading Commission (CFTC) nominee Brian Quintenz began circulating on Capitol Hill this week, which sources told me is the reason his nomination has been delayed by the White House. The emails, obtained via a FOIA request shared with The Post, show that during
UNITED STATES – JULY 17: Reps. Darren Soto, D-Fla., and Lisa Blunt Rochester, D-Del., attend a House Energy and Commerce Committee markup in Rayburn Building on Wednesday, July 17, 2019. (Photo By Tom Williams/CQ Roll Call) CQ-Roll Call, Inc via Getty Images There are dozens of DeFi, Web3, and crypto-related bills that have been introduced
One of the suspects accused of engaging in a gruesome torture plot inside a SoHo townhouse to retrieve an Italian man’s Bitcoin password was released from Rikers Island on a $1 million bond Thursday, according to online jail records. Jonathan Woeltz, 37, posted the mammoth sum a week after a Manhattan judge agreed to release
Join Our Telegram channel to stay up to date on breaking news coverage What if the tokens that drive your preferred DeFi tools, creative economies, and social groups were truly rewarded for your involvement? That is precisely the energy that is pulsing through the top trending cryptocurrency tokens on Avalanche Chain today. As Avalanche keeps
NEW YORK (AP) — A crypto investor charged with kidnapping an Italian man in a Manhattan townhouse for days in order to steal his Bitcoin was released Thursday on $1 million bond, according to prosecutors. John Woeltz was fitted with an electronic monitor and ordered to home confinement during an appearance in Manhattan criminal court,