Latest News
Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position in Coinbase. ARK has acquired $26.6 million of Coinbase (COIN) stock since US President Donald Trump announced new trade tariffs on April 2, according to trading…
Opinion by: William Campbell, advisory lead at USDKG Stablecoins were heralded as a breakthrough in the cryptocurrency space as a way to marry the lightning-fast, borderless nature of digital assets with the stability of traditional currencies. They achieve this by pegging their value to reserves like fiat currencies or commodities. Stablecoins are engineered to maintain…
By Heekyong Yang SEOUL (Reuters) – Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business. The world’s biggest maker of memory chips, in the midst of a management reshuffle following the…
China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes. “If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said Hayes on X on April 8 in reference to the catalyst needed to…
Teucrium Investment Advisors LLC is set to launch the first-ever leveraged XRP exchange-traded fund in the U.S., following approval by the Securities and Exchange Commission. The fund, called the Teucrium 2x Long Daily XRP ETF, will begin trading on NYSE Arca under the ticker XXRP on Tuesday, Apr. 8, as reported by Bloomberg. The fund…
The first-ever XRP exchange-traded fund (ETF) is set to launch in the U.S. on Tuesday under the XXRP ticker, according to Bloomberg. The leveraged product, which is offered by Teucrium, will deliver twice the daily performance of the Ripple-linked token. For instance, if the price of XRP spikes by 10% within a single day, the…
While crypto and stock markets are deep in the red this week, one memecoin is defying the trend and surging at the time of writing. Fartcoin (FARTCOIN) has surged a whopping 30% over the past 24 hours, topping $0.60 on April 8, according to CoinGecko. On April 7, the Solana-based memecoin hit a low of…
Recent fake news that US President Donald Trump was considering a 90-day pause in tariffs shows the potential for a strong market rebound should a real one take place, according to observers. A fake news post on X on April 7 from the verified “Walter Bloomberg” account claimed that the White House was considering a…
The US Securities and Exchange Commission has released the list of executives from US crypto and finance giants that will take part in a roundtable discussion on crypto trading regulation. On April 7, the regulator said its upcoming April 11 roundtable will discuss how it should handle crypto trading rules, calling it “Between a Block…
A crypto lawyer has sued the US Department of Homeland Security, alleging the agency may know who created Bitcoin — compelling the department to share what it knows. The Freedom of Information Act lawsuit was filed by James Murphy, who based his accusations on claims made by DHS Special Agent Rana Saoud at a conference…
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