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In a dramatic escalation of trade tensions, China has announced an 84% tariff on all imports from the United States, effective from April 10, 2025, according to the Ministry of Finance of the People’s Republic of China. The move comes in direct
By Omkar Godbole (All times ET unless indicated otherwise) Markets remain squarely focused on the U.S.-China trade tussle and headlines from both countries. Bitcoin fell below $75,000 during the Asian morning, with S&P 500 futures nursing a 2% loss after the U.S.
This week’s tariff-inspired market meltdown has led to a rapid sell-off across crypto-assets, with BTC trading below $80K and ETH hitting a two-year low of $1,432. The decentralized finance (DeFi) sector was not entirely immune to the chaos as total value locked
Crypto exchange Kraken is teaming up with Mastercard to let crypto holders in the UK and Europe spend their digital assets at more than 150 million merchants worldwide, Mastercard announced. Kraken will offer physical and digital debit cards, allowing customers to use
Nouriel Roubini, the economist who predicted the 2008 global financial meltdown to earn himself the nickname Dr. Doom, warned traders against relying on the Federal Reserve for a swift resolution to the financial market instability sparked by President Donald Trump’s tariffs on
Investment manager ARK Invest, which is known for buying the dip when markets go south, has purchased 199,401 Coinbase (COIN) shares in the past three days. The Cathie Wood-run company bought 83,157 shares of the crypto exchange on Friday, followed by 84,514
The bitcoin (BTC) price is likely to become more volatile after dipping below $75,000 twice in the past week as it extends its drop from the all-time high of $109,000 reached on Jan 20. That’s taken it into what Glassnode shows as
Argentina’s lower house of Congress has approved a series of measures aimed at probing the LIBRA cryptocurrency that rocked the country after being promoted by President Javier Milei earlier this year. In a special session called by the “Democracy Forever” bloc, deputies
The American legal tradition of federalism, balancing state authority with federal control, is being tested by a new frontier: online prediction markets. At the center of everything is Donald Trump Jr., advised Kalshi. Nevada and New Jersey have issued cease-and-desist orders against
Majors XRP, Solana (SOL), and Cardano (ADA) are each seeing a roughly 6% price slump in the past 24 hours amid broader macroeconomic pressures. Recent market narratives show uncertainty around U.S. policies, including tariffs and a hawkish Federal Reserve stance with fewer