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Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review
6.4.2025
Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs. Meanwhile, over 5,000 U.S. banks are now cleared...
Tried automating crypto trades with Grok 3? Here’s what happens
6.4.2025
Key takeawaysGrok 3 adjusts its predictions based on evolving market trends by analyzing real-time data patterns.Combining technical analysis with sentiment data improves accuracy; Grok 3 effectively identifies potential trade opportunities.Backtesting strategies before live trading is crucial;...
Nearly 400,000 FTX users risk losing $2.5 billion in repayments
6.4.2025
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...
Report: Gen Z in Chile Is Mostly Digital and Crypto-Native
6.4.2025
Kushki, an Ecuador-based fintech company, has revealed that more than half of all centennials in Chile use digital means to settle their payments and are knowledgeable about crypto and its uses. Centennials in Chile Are Familiar With Digital and Crypto Settlements Latam is quickly leaning towards...
MMA Star Conor McGregor is Latest Celebrity to Launch Memecoin
6.4.2025
In an announcement on social media, MMA star Conor McGregor declared his intention to enter the cryptocurrency scene, stating, “I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game.” McGregor, known for his bombastic...
Elon Musk Advocates for Free Trade Zone Between EU and US
6.4.2025
Elon Musk expressed his vision for a future of unrestricted trade between the United States and Europe during a video-link address at a congress in Florence, Italy. His comments came after U.S. President Donald Trump announced a 20% tariff on Italy and other EU countries. Musk, who serves as...
Paypal and Venmo Expand Cryptocurrency Offerings With Chainlink and Solana
6.4.2025
Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts....
ECB’s Lagarde Advocates for EU’s Own Digital Payment Platform to Ensure Financial Sovereignty
6.4.2025
European Central Bank (ECB) President Christine Lagarde has urged the European Union to develop its own digital payment platform, moving away from reliance on foreign giants like Visa, Mastercard, Paypal, and Alipay. Speaking on The Pat Kenny Show, Lagarde emphasized the need for a “European...
Billionaire investor would 'not be surprised' if Trump postpones tariffs
6.4.2025
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7."One would have to imagine that President Donald Trump's phone has been ringing off the hook. The practical...
Bitcoin ETFs Log $65 Million Outflow With Zero Inflows, Ether ETFs Break Losing Streak
6.4.2025
Bitcoin ETFs recorded a $65 million outflow on Friday with no offsetting inflows, led by exits from GBTC, ARKB, and BITB. Ether ETFs, on the other hand, saw a small inflow of $2 million, breaking their multi-day outflow trend. Bitcoin ETFs Bleed for Second Day While Ether ETFs Show Signs of Life...
From Trillions to Billions: TradFi’s Historic $6T Crash Dwarfs Crypto’s $30B Retreat
6.4.2025
Over the past seven days, bitcoin exhibited steadfast stability, hovering near its prior valuation, yet the digital asset ecosystem contracted by $30 billion in tandem. The most pronounced setbacks emerged from IMX and IP, which relinquished 22.8% and 20.1% of their value, respectively. Bitcoin...
Crypto Firm Sentenced for AI Token Wash Trading After DOJ Undercover Sting
6.4.2025
Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global...
Meta's Llama 4 puts US back in lead to ‘win the AI race’ – David Sacks
6.4.2025
The White House AI and crypto czar David Sacks says Meta’s release of its latest AI model, Llama 4, has pushed the United States into the lead in the global race for artificial intelligence dominance.“For the US to win the AI race, we have to win in open source too, and Llama 4 puts...
Ripple Deploys RLUSD in Kenya as Blockchain Aid Faces Real-World Drought Test
6.4.2025
Ripple’s blockchain-powered RLUSD will instantly disburse aid to Kenyan pastoralists facing drought, using satellite data and smart contracts to automate, trace, and optimize relief. Ripple’s RLUSD Brings Instant Relief to Kenya With Blockchain-Driven Auto Payouts Ripple unveiled a...
UBS: This Is the Worst Time to Sell—3 Reasons Pullbacks Lead to Long-Term Gains
6.4.2025
Market crashes don’t have to crush portfolios—UBS says staying calm, holding liquidity, and capitalizing on volatility can turn chaos into a wealth-building advantage. Why UBS Says Calm Heads Win Big During Turbulent Market Cycles UBS has urged investors to remain steady during recent market...
Robert Kiyosaki Says Crash Has Landed—Recession Here, Depression Next, Buy Bitcoin
6.4.2025
Robert Kiyosaki declares the recession official and a depression imminent, urging urgent escape from collapsing paper assets into gold, silver, and bitcoin before it’s too late. Recession Confirmed, Depression Nears—Kiyosaki Urges Saving in Bitcoin Now Robert Kiyosaki, author of the best-selling...
JPMorgan Unleashes ‘High Anxiety’ Forecast as Trade Tensions Threaten Meltdown
6.4.2025
JPMorgan warns tariffs may trigger “self-inflicted pain” and a U.S. recession, with spiraling inflation, collapsing earnings, and vanishing credibility risking a global economic unraveling. Race to Recession? Self-Inflicted Pain? JPMorgan Flags Explosive Risk With US–China Trade Clash...
55M Americans Own Crypto—and 76% Say It’s Made Life Better
6.4.2025
A huge new survey finds 55 million U.S. adults own cryptocurrency, with 76% reporting life improvements and over half eyeing it for long-term financial security. Massive US Survey Reveals 55 Million Crypto Holders—and Their Bold Vision for the Future The National Cryptocurrency Association unveiled...
Kalshi traders place the odds of US recession in 2025 at over 61%
5.4.2025
Traders on the Kalshi prediction market place the odds of a US recession in 2025 at 61%, following the sweeping tariff order signed by President Donald Trump on April 2.Kalshi uses the standard criteria of a recession, two business quarters of negative gross domestic product (GDP) growth,...
Mad Money’s Jim Cramer Warns of 1987-Style Market Crash Amid Tariff-Driven Volatility
5.4.2025
Jim Cramer, CNBC’s “Mad Money” host, has warned investors of a potential stock market crash mirroring 1987’s Black Monday, citing escalating Trump tariffs and recent market turbulence as catalysts for renewed economic uncertainty. Cramer Cites Black Monday Parallels—But Crowd Bets on ‘Inverse’...