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Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms
30.4.2025
Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto derisking is likely transitory; market fundamentals...
Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms
30.4.2025
Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto derisking is likely transitory; market fundamentals...
Bitcoin Dips Slightly as US Economy Shrinks
30.4.2025
The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world’s largest economy contracted by 0.3% during the first quarter of the year...
Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions
28.4.2025
The Dallas Fed Manufacturing Index plunged to its lowest level since the COVID pandemic closed the economy
Beyond tariffs and chaos — blockchain emerges as the backbone of a parallel economy
28.4.2025
Opinion by: Ross Shemeliak, co-founder and chief operating officer of StoboxThe Trump administration is pushing a much-revived policy trajectory, marked by tariffs and sanctions that aim to reshore production. Despite exemptions favorable to technology, this dramatic turnaround may seem like a case...
Beyond tariffs and chaos — blockchain emerges as the backbone of a parallel economy
28.4.2025
Opinion by: Ross Shemeliak, co-founder and chief operating officer of StoboxThe Trump administration is pushing a much-revived policy trajectory, marked by tariffs and sanctions that aim to reshore production. Despite exemptions favorable to technology, this dramatic turnaround may seem like a case...
Tariff Tsunami: Economist Steve Hanke Predicts Rough Times for US Economy
28.4.2025
Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff Act and denouncing it as “the stupidest thing I’ve ever seen in my life.” Trump’s Trade Levy Could...
Schiff Criticizes Trump’s Rate Cut Idea, Says Transition to Manufacturing Economy Requires Higher Rates
22.4.2025
Economist Peter Schiff has said he disagrees with U.S. President Trump’s idea that lowering interest rates would help the U.S. shift to a manufacturing-based economy. Schiff: Lowering Interest Rates Counterproductive Economist Peter Schiff has panned the idea supported by then-U.S. President...
Crypto Stock Tracking ETF Coming Soon From VanEck
17.4.2025
The VanEck Onchain Economy ETF (NODE) is expected to start trading on May 14th with a management fee of 0.69%
Bitcoin, Gold, and the Minsky Moment: Novogratz on the End of Fiscal Complacency
17.4.2025
Galaxy Digital CEO warns U.S. market is starting to behave like an emerging economy amid rising rates and soaring debt
Dollar-Based Stablecoins Pose Greater Threat to Euro, Italian Economy Minister Says
16.4.2025
Italian Economy Minister Giancarlo Giorgetti warns that dollar-based stablecoins pose a greater threat to the euro’s standing than trade disputes. Bolstering the Euro’s Prominence The European Union (EU) must urgently address the growing appeal of dollar-based stablecoins among its citizens...
Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF
16.4.2025
A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter
China selling seized crypto to top up coffers as economy slows: Report
16.4.2025
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges.The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches”...
China selling seized crypto to top up coffers as economy slows: Report
16.4.2025
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges.The absence of clear rules on how authorities should manage seized cryptocurrency has led to “inconsistent and opaque...
U.S. Consumer Sentiment Craters in First Post-Tariff Read, but Crypto Is Holding Up
11.4.2025
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday
Tokenized Treasury Growth Rockets 8.7% in 7 Days as Crypto Economy Stumbles
10.4.2025
While digital currency markets have faltered, the tokenized real-world asset (RWA) ecosystem has flourished, eclipsing recent market turbulence with a 12.5% valuation climb over 30 days. Tokenized Treasury instruments, in particular, outpaced peers with an 8.7% leap across seven days. Tokenized...
European Union Moves Ahead With Retaliatory Tariffs Against U.S.
9.4.2025
"The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy," the European Commission said
Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says
9.4.2025
Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability
China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs
7.4.2025
Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy
Goldman Sachs: If Economy Enters Into Recession, Fed May Cut Rates by 200 Basis Points Next Year
7.4.2025
Goldman Sachs has adjusted its expectation for a Federal Reserve’s rate cut, believing that if an economic recession…