President Donald Trump on Monday, signed an executive order for the creation of the nation’s sovereign wealth fund. The move has already sparked curiosity over potential Bitcoin acquisitions. The executive order directs US treasury and commerce departments to deliver a…
Crypto majors crumbled in early Monday session as financial markets reacted to President Trump’s decision to impose hefty tariffs on its key trade partners. While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity…
Crypto.com and prediction market Kalshi Inc. are under the scrutiny of the US Commodity Futures Trading Commission (CFTC). The regulator has questioned the companies whether their Super Bowl sports events contracts are compliant with derivatives regulations, Bloomberg reported. Last year,…
China has responded swiftly to new U.S. trade measures, imposing tariffs on a range of American imports just minutes after the latest U.S. levies took effect. At 12:01 a.m. ET (05:01 GMT) on Tuesday, a 10% tariff on all Chinese…
Cryptocurrency markets rebounded sharply on Monday as fears of an intensified U.S.-Mexico trade war eased following a diplomatic resolution. Bitcoin (BTC) briefly surged past $102,500, while Ethereum (ETH) climbed to $2,920, according to data from CoinMarketCap. As of now, the…
Web3 salaries ranked among the highest in the tech sector last year, as developers with expertise in decentralized application development commanded top-dollar paychecks. A recent report shows that in 2024, companies investing in blockchain and distributed ledger technology offered competitive…
Police in Argentina have arrested five people they say were scanning people’s irises in a parking lot in exchange for “crypto and cash.” Per reports from La Nacion and the broadcaster LT9, the suspects were “offering to scan people’s irises”…
The South Korean city of Gwacheon has announced it will use an IT solution to help it seize, freeze, and liquidate more crypto from tax-dodging residents. Per Energy Kyungjae, the city – in Gyeonggi Province – will launch “its own…
During the early hours of Asian trading on Monday, crypto traders faced a brutal sell-off, triggering liquidations estimated between $8 and $10 billion. Bybit CEO Ben Zhou noted that data limitations obscure the full scale of the event, with some…
Cryptocurrency asset manager Grayscale recently stated that the Bitcoin mining industry is essential for maintaining the Bitcoin network’s transparency and long-term security. Although miners play a critical role in the growth of Bitcoin, a lot of risk and operational expenses…