China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state...
Month: April 2025
OpenAI Counter-Sues Elon Musk, Accusing Him of Spreading Misinformation
OpenAI has announced a counter-lawsuit against Elon Musk, alleging that his ongoing actions against the organization are bad-faith tactics aimed...
EU Regulator: Crypto Assets Pose No Significant Risk to Financial Stability
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small...
Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle...
Bybit recovers market share to 7% after $1.4B hack
Bybit’s market share has rebounded to pre-hack levels following a $1.4 billion exploit in February, as the crypto exchange implements...
Crypto stocks see big gains alongside US stock market rebound
Crypto stocks experienced significant gains on April 9 as the S&P 500 posted its third-largest single-day gain since World War...
Bitwise doubles down on $200K Bitcoin price prediction amid trade tension
A falling US Dollar Index historically correlates with Bitcoin strength, says Bitwise investment chief Matt Hougan. Institutional crypto investment firm...
OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit
OpenSea’s lawyers argue NFT marketplaces should be exempt from SEC regulation, as they don't fit the definition of a broker....
81.6% of XRP supply is in profit, but traders in Korea are turning bearish — Here is why
XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP...
3 reasons why Ethereum price keeps falling
Ether’s (ETH) most recent sell-off saw it lose the crucial $1,500 support level, and a number of technical indicators suggest...
SafeMoon boss cites DOJ’s nixed crypto unit in latest bid to toss suit
SafeMoon CEO Braden John Karony has argued the US Justice Department’s crypto enforcement pullback should see his case dismissed. Braden...
Bitcoin inflows to Binance see ‘strong acceleration’ ahead of March CPI print
The surge in inflows to crypto exchange Binance, amid macroeconomic uncertainty and upcoming CPI results, has analysts split on whether...
Ukraine floats 23% tax on some crypto income, exemptions for stablecoins
The chair of Ukraine’s securities regulator, Ruslan Magomedov, says it made the crypto tax framework for lawmakers to make informed...
Magic Eden acquires crypto trading app Slingshot to move beyond NFTs
NFT marketplace Magic Eden has acquired the crypto trading app Slingshot as part of a strategy to expand beyond NFTs....
Feds Know Satoshi? Lawsuit Demands DHS Release Hidden Bitcoin Founder’s Interview
A high-stakes lawsuit demands the U.S. government release buried documents revealing bitcoin’s true creators, after claims of a secret DHS...
