
Dollar Plummets Amid Trump Tariff Tsunami
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Soaring Asia FX: Dollar Plummets Amid Trump Tariff Tsunami Skip to content Home Forex News Soaring Asia FX: Dollar Plummets Amid Trump Tariff Tsunami Source link
Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global. A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of crypto trading volume, according to an announcement from the Massachusetts US Attorney’s…
President Donald Trump’s tariff policy has had a far-reaching impact on the U.S. stock market, with a particular effect on the tech giants known as the “Magnificent 7.” During the recent trading day, the combined market capitalization of Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla plummeted by over $1 trillion. The Magnificent Seven index…
An absolute bloodbath ensued on Thursday as the market reacted to President Trump’s reciprocal tariffs announcement. The S&P 500 closed down nearly 5% lower, while the Nasdaq dropped nearly 6%. In the midst of this, Bitcoin was up 0.5%, and has climbed around 1.5% early on Friday. Worst stock market plunge since COVID Markets went…
The process through which investors achieve entry into cryptocurrencies during explosive growth periods involves crypto pre-sales. The solution comes through crypto pre-sales. But what exactly are they? Consumers can acquire tokens through a pre-sale phase before public launch which frequently comes with reduced pricing. Given the wide range of options available, it remains a task…
According to a CoinGecko report from Q1 2025, meme coins surged by 137% in total market cap—fueled by retail investors, cultural relevance, and viral community engagement. Despite a broader market cooldown, meme coins are strutting with nine lives, bouncing back faster than most altcoins. Why? Because meme coins aren’t just tokens; they’re movements. They thrive…
Recent events have significantly impacted the cryptocurrency market, particularly concerning XRP. Coinbase Derivatives has initiated the procedure to gain approval from the U.S. Commodity Futures Trading Commission (CFTC) for launching futures trading for XRP, anticipated to begin on April 21, 2025. This strategic move aims to provide a regulated and efficient trading option for XRP,…
ETH whales add 130,000 ETH in a single day. Ethereum price chart shows multiple bullish indicators. Together, both moves signifies ETH’s bullish pump potential. The crypto market faced yet another liquidation thanks to Trump’s latest tariff announcement wiping out huge funds from both the US stock market and the crypto market. While the dip was…
He predicted that monetary easing in response to economic issues may weaken the dollar and drive investors toward crypto. Meanwhile, Chinese firm Cango is betting big on Bitcoin by selling its traditional business to Bitmain-linked entities and shifting fully into mining. On the flip side, Singapore’s Genius Group is facing legal hurdles in the US…
The Senate Banking Committee approved Paul Atkins as the new Securities and Exchange Commission (SEC) Chair. The committee members voted 13-11, with Democrats voting against him and Republicans voting in favor. All Senate members will vote to finalize his appointment. Paul Atkins overcame opposition from Democratic lawmakers, although he maintained his known stance in favor…
Pi Network managed to create one of the strongest communities in crypto right now, but unfortunately, the Pi Coin price is one of the biggest disappointments since March. Pi Coin is now over 80% away from its all-time high at $2.98 hit on February 28th. In…
Remarkable developments continue to unfold in the cryptocurrency market. Coinbase Derivatives has officially initiated the approval process with the U.S. Commodity Futures Trading Commission (CFTC) to offer futures trading for the altcoin XRP. According to the documents submitted by the exchange to the CFTC, these futures are set to launch on April 21, 2025. This…
CZ and the Kyrgyz government have agreed to work together on crypto development. The ex-Binance boss works with several governments in official and unofficial capacities. Blockchain and crypto are crucial to national economic development. Former Binance CEO Changpeng Zhao (CZ) confirmed via X his involvement as an advisor with several unnamed governments on blockchain and…
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As the cryptocurrency market continues to flourish, investors are increasingly drawn to Initial Coin Offerings (ICOs) and presale opportunities. These events often present unique chances to participate in groundbreaking projects that promise significant returns and aim to reshape the technological landscape. In April, three notable ICOs have emerged as particularly promising: Nexchain, Solaxy, and BTC…
Crypto enthusiasts are keeping a close watch on the best cryptos to hold in 2025, and for good reason. With the industry evolving at lightning speed, new blockchain projects are pushing boundaries, while established names are making bold moves. Right now, Qubetics’ presale is on fire, selling over 506 million tokens and raising $15.8 million,…
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VICTORIA, Seychelles, April 4, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has successfully completed its SOC 2 Type II audit, marking a significant achievement in its commitment to the highest security and compliance standards. The audit demonstrates the exchange’s unwavering dedication to security, availability, confidentiality, privacy, and processing integrity. SOC 2 is an…
“Many whales unstaked and dumped SOL today,” reported blockchain analytics platform Lookonchain on April 4. It highlighted four transactions of over $3 million worth of the Solana native token, the largest of which was a whopping 258,646 SOL worth around $30 million. The Solana selloff has been a result of the meme coin bubble bursting…
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by Fenelon L. Donald Trump caused an economic shockwave by announcing significant tariffs targeting nearly all countries in the world. The figures presented by the White House are the subject of in-depth analyses by experts and raise questions among the United States’ trading partners. Figures Largely Exaggerated Compared to…