Tariffs-led risk-off has payments-focused cryptocurrency XRP trading close to the support zone near $2, a crucial level for confirming a significant topping pattern and renewed downtrend. We are referring to the head-and-shoulders pattern, comprising three peaks, with the middle being the highest.
It’s a risk-off day in Asia as traders look to Beijing’s response to U.S. President Donald Trump’s sweeping reciprocal tariffs on China and other Asian nations. On Wednesday, Trump announced reciprocal tariffs on imports from 180 nations, including higher taxes on trading
U.S. stablecoin legislation took another major step on Wednesday as a House of Representatives committee joined Senate counterparts in advancing a bill to be considered by the overall House, bringing stablecoin regulations closer to reality. Eventual approvals in both the overall House
Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving regulatory framework. The registration, announced on Tuesday, comes after a multi-year process that required exchanges
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standard Hashgraph to debut private blockchain ASICs will look more like servers An interview with Gensyn’s Ben
In a Rose Garden ceremony on Wednesday, U.S. President Donald Trump said he intends to immediately sign an order for “reciprocal tariffs” to be levied against U.S. trading partners. “Our country and its taxpayers have been ripped off for more than 50
The HBAR Foundation has teamed up with the founder of internet subscription site OnlyFans, Tim Stokely, in a bid to acquire Chinese social media app TikTok, according to a new Reuters report. Stokely and the HBAR Foundation submitted a bid last week
The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, is pushing deeper into crypto with introducing a blockchain-based platform for tokenized collateral management. Collateral is a fundamental part of risk management in financial markets, ensuring stability amid market
Galaxy Digital UK, the subsidiary of Mike Novogratz-led digital asset financial services firm’s application for a license to execute derivatives trading in the U.K. has been approved by the Financial Conduct Authority (FCA). The firm’s Investment Banking arm will also use Galaxy
It started with a noisy desk. The desk was a wooden cubicle in a lab at Northumbria University, in northern England, where a young AI researcher began his PhD track. This was in 2015. The researcher was Ben Fielding, who had built