Markets are reacting this morning to European retaliation to Donald Trump’s trade tariff announcement over the weekend. Crypto markets have tanked 3% over the past few hours, shedding $115 billion in a fall to $3.21 trillion, largely led by Bitcoin, which fell below $92,000 on some exchanges. Trump’s announcement of 10% tariffs on eight countries in […]
The anticipated volatility due to the latest developments on the US-EU trade war finally arrived in crypto as BTC, alongside all altcoins, plunged hard as Asian and some futures markets opened. Somewhat expected, the liquidations are on the rise, with over $870 million wrecked in the past 24 hours. Naturally, longs are responsible for the […]
After several countries from the European Union deployed troops to the most recent hot zone, Greenland, the POTUS announced a new set of tariffs against all of them, effective from February 1 until a deal for the complete acquisition of the island is reached. The EU’s response was immediate, while US Democrats have pushed to […]
OKX has announced the expansion of its partnership with Standard Chartered Bank into the European Economic Area (EEA), as it extended a collaboration that first began in the United Arab Emirates earlier this year. The move introduces OKX’s collateral mirroring programme to institutional clients across Europe, which allows users to hold their assets securely with […]
Europe’s landmark crypto regulation, MiCA, is now six months into its full rollout, quietly reshaping the rules for crypto firms and stablecoin issuers. New licenses, stablecoin approvals, and early compliance trends hint at how the bloc’s ambitious regulatory experiment is unfolding. MiCA Marks Six Months As of July, 14 stablecoin (e-money token) issuers from seven […]
Spanish authorities, supported by Europol and law enforcement from Estonia, France, and the United States, have dismantled a major cryptocurrency investment fraud network responsible for laundering €460 million, worth almost $540 million, stolen from over 5,000 victims across the world. On June 25th, the Guardia Civil arrested five individuals, three on the Canary Islands and […]
Crypto markets have gained almost $100 billion over the past 12 hours, as trade tensions have eased following the latest move from US President Donald Trump. Late on Sunday, May 25, Trump announced that he was extending the deadline for a 50% tariff on the European Union until July 9. He previously said the tariffs […]
Bitcoin’s price dropped suddenly in the past few hours, tanking from slightly less than $83,000 to below $79,000. In doing so, the market saw a spike in liquidation levels, as leveraged positions worth almost $600 million were wiped off, according to data from CoinGlass. Source: TradingView The move comes following a few ‘calm’ days during […]
Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary, Crypto Finance, which will act as a sub-custodian. Clearstream’s Offering According to a Bloomberg report, Clearstream will offer custody services for Bitcoin (BTC) and Ethereum […]
Binance is seeing a rising dominance of USDC as regulatory changes reshape the stablecoin market. A year ago, USDC accounted for just 0.48% of Binance’s stablecoin distribution, dwarfed by USDT’s 68.67% share and FDUSD’s 30.84%. However, over the past 12 months, USDC’s presence has surged to 8.26%. This marked a whopping 1,621% increase, according to […]
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