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Trump Tariff Announcement Triggers $509 Million Crypto Market Plunge

Trump Tariff Announcement Triggers $509 Million Crypto Market Plunge

The crypto market took a significant hit after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs targeting many countries around the world. The announcement, delivered during a White House press conference labeled “Liberation Day,” sent waves through global financial systems, with the crypto sector bearing a

Justin Sun Sparks Controversy with First Digital Trust Insolvency Claims

Justin Sun Sparks Controversy with First Digital Trust Insolvency Claims

Today, Justin Sun, the prominent founder of Tron, declared that First Digital Trust (FDT), a Hong Kong-based financial institution, is insolvent and urged users to sever ties to protect their assets. The post quickly gained traction, igniting discussions about the stability of FDT and its associated stablecoin, FDUSD. Sun’s

Bitcoin Resilience and Institutional Push Drive Crypto Momentum Amid Tariff Tensions

Bitcoin Resilience and Institutional Push Drive Crypto Momentum Amid Tariff Tensions

Today in Bitcoin and crypto, the market is buzzing with a blend of optimism and caution as Bitcoin holds strong against a backdrop of global economic shifts. The much discussed 'Liberation Day' tariffs tied to Trump’s policies are stirring uncertainty, yet Bitcoin’s resilience shines through, bolstered

Fidelity Unveils Crypto Focused IRA for Retirement Investors

Fidelity Unveils Crypto Focused IRA for Retirement Investors

Fidelity Investments has taken a significant step into the cryptocurrency space by introducing a new individual retirement account (IRA) tailored for digital asset enthusiasts. Launched under its web3 focused subsidiary, Fidelity Digital Assets, this offering allows investors to incorporate cryptocurrencies into their retirement portfolios. The move reflects growing interest in

Several Crypto Founders Featured on Forbes 2025 World Billionaires List

Several Crypto Founders Featured on Forbes 2025 World Billionaires List

Forbes has unveiled its 2025 World Billionaires List, marking a milestone with 3,028 billionaires worldwide, a jump of 247 from last year. Since its inception in 1987, when Forbes first identified 140 billionaires, the tally has surged past 1,000 in the early 2000s and 2,000 by 2017.

Circle Files for IPO, Signals Bright Future for Stablecoins and Crypto Regulation

Circle, a key player in the stablecoin space, has officially filed for an initial public offering, setting the stage for a transformative moment in the cryptocurrency world. Known for its USDC token, Circle is stepping into the spotlight as a serious contender against Tether, the current market leader. This move

Elon Musk’s X Takes Stand Against IRS in Supreme Court Over Coinbase User Data

Elon Musk’s X Takes Stand Against IRS in Supreme Court Over Coinbase User Data

Elon Musk’s social media platform, X, has stepped into a legal battle by urging the U.S. Supreme Court to stop law enforcement from compelling companies like cryptocurrency exchange Coinbase to share users’ financial information without a warrant. The move comes as part of a broader push to protect

Coinbase Employee Potentially Misused Customer Data in Phishing Scandal

Coinbase Employee Potentially Misused Customer Data in Phishing Scandal

In a troubling development for crypto users, Coinbase, one of the leading exchanges in the digital asset space, has disclosed that an employee may have improperly accessed customer records, violating the company’s internal policies. The revelation came to light through a screenshot of an email shared by Mike Dudas,

Senator Ted Cruz Introduced FLARE Act to Transform Flared Gas into Bitcoin Mining Power

Senator Ted Cruz Introduced FLARE Act to Transform Flared Gas into Bitcoin Mining Power

On April 1, 2025, Senator Ted Cruz introduced a new piece of legislation aimed at repurposing flared natural gas from oil drilling operations into a resource for mining Bitcoin and other digital assets. Known as the Facilitating Lower Atmospheric Released Emissions Act, or FLARE Act, this bill seeks to tackle

U.S. Government Prepares to Reveal Bitcoin Holdings as 30-Day Audit Comes to End

U.S. Government Prepares to Reveal Bitcoin Holdings as 30-Day Audit Comes to End

The U.S. government is on the verge of wrapping up a detailed audit of its Bitcoin and cryptocurrency holdings, with an official disclosure slated for April 5, 2025. This move comes as part of a broader push by the Treasury Department and federal agencies to provide transparency into the

Ghana Unveils Blockchain Gold Tracking System to Tackle Illegal Smuggling

Ghana Unveils Blockchain Gold Tracking System to Tackle Illegal Smuggling

Ghana is preparing to launch a blockchain-based gold tracking system as part of a broader strategy to reform its gold industry and address the persistent challenge of illegal smuggling exports. Sammy Gyamfi, the acting Managing Director of the Precious Minerals Marketing Company (PMMC), announced the initiative, which is linked to

Crypto Market Holds Steady as Traders Await Trump’s Liberation Day Tariff Reveal

Crypto Market Holds Steady as Traders Await Trump’s Liberation Day Tariff Reveal

Bitcoin has maintained its footing above $83,000 early Tuesday morning, reflecting a cautious optimism among investors as they await U.S. President Donald Trump’s tariff announcement set for April 2, 2025. The cryptocurrency, which remains the largest by market value, climbed 1.8% in the past 24 hours,

MasterCard Aims to Create a Seamless Crypto Transaction Network for 3.5 Billion Cardholders Worldwide

MasterCard Aims to Create a Seamless Crypto Transaction Network for 3.5 Billion Cardholders Worldwide

Mastercard is stepping up its efforts to bridge the gap between traditional finance and the rapidly evolving world of Bitcoin and cryptocurrency. With regulatory changes and growing acceptance from Wall Street, the payments giant sees an opportunity to expand its blockchain and digital asset capabilities. Raj Dhamodharan, Mastercard’s executive

Circle Targets Late April for IPO Filing as Crypto Market Rebounds

Circle Targets Late April for IPO Filing as Crypto Market Rebounds

Circle Internet Financial, the company behind the popular cryptocurrency stablecoin USDC, is gearing up to take its shares public. The fintech company has tapped major investment banks JPMorgan Chase and Citi to guide its initial public offering, according to two sources familiar with the plans. While exact timing remains fluid,

Michael Saylor's Strategy Boosts Bitcoin Holdings with $1.92 Billion Purchase, Now Owns Over 528,000 BTC

Michael Saylor's Strategy Boosts Bitcoin Holdings with $1.92 Billion Purchase, Now Owns Over 528,000 BTC

Strategy, the company formerly known as MicroStrategy, has once again made headlines with its aggressive Bitcoin acquisition strategy. On March 31, founder Michael Saylor announced that the firm added 22,048 BTC to its portfolio, a purchase valued at $1.92 billion. This latest move, executed over six days from

Elon Musk Clarifies No Government Plans for Dogecoin as Price Dips 3%

Elon Musk Clarifies No Government Plans for Dogecoin as Price Dips 3%

In a recent town hall meeting hosted by the America PAC, a political action committee founded by Elon Musk last year, the Tesla CEO addressed swirling speculation about the U.S. government’s potential adoption of Dogecoin. Musk, known for his long-standing support of the crypto memecoin, put rumors to

Eric Trump and Donald Trump Jr. to Launch American Bitcoin Mining Venture

Eric Trump and Donald Trump Jr. to Launch American Bitcoin Mining Venture

Eric Trump and Donald Trump Jr. have partnered with Miami based Hut 8 to establish a new Bitcoin mining company named American Bitcoin. Announced on Monday, this collaboration marks a bold step for the Trump family into the evolving world of cryptocurrency, aligning with broader industry trends toward mainstream adoption.

Jihan Wu Champions Hydro Cooling as Bitcoin Mining's Future Amid Industry Innovations

Jihan Wu Champions Hydro Cooling as Bitcoin Mining's Future Amid Industry Innovations

Jihan Wu, the influential co-founder of Bitmain and a long-standing advocate for Bitcoin's growth, shared his perspective on the future of Bitcoin mining. Quoting a recent post from Bitdeer, the mining company he founded, Wu emphasized the transformative potential of hydro cooling, a technology he believes will redefine

Circle Launches SDK to Power Seamless Crypto Payments with USDC

Circle Launches SDK to Power Seamless Crypto Payments with USDC

Circle has launched USDCKit, a robust software development kit (SDK) designed to simplify payments using USDC, its popular stablecoin. Known for driving innovation in digital finance, Circle aims to make money movement more accessible and efficient, fostering economic growth worldwide. With this latest release, the company takes a significant step

ICERAID Project Sparks Controversy with Solana Reward Tokens for Reporting Immigrants

ICERAID Project Sparks Controversy with Solana Reward Tokens for Reporting Immigrants

A new blockchain-based project called ICERAID has emerged, promising crypto rewards to users who report immigrants to Immigration and Customs Enforcement (ICE). Launched with the slogan “Make America Safe Again,” the platform gained attention after conservative activist Laura Loomer promoted it on her podcast, sending it viral overnight. ICERAID positions

Japan Set to Recognize Crypto Assets as Financial Products in Major Legal Shift

Japan Set to Recognize Crypto Assets as Financial Products in Major Legal Shift

In a significant step toward integrating digital currencies into its financial framework, Japan is preparing to grant crypto assets legal status as financial products. According to a report from the Nikkei business daily published on Sunday, the country’s Financial Services Agency (FSA) is planning to amend the Financial Instruments

FTX Prepares Major Creditor Repayments Starting May 30 as Bankruptcy Nears Conclusion

FTX Prepares Major Creditor Repayments Starting May 30 as Bankruptcy Nears Conclusion

After more than two years of legal and financial turbulence, FTX is gearing up to start repaying claims exceeding $50,000 on May 30, marking a significant milestone in the defunct exchange’s bankruptcy proceedings. The process comes over two years later since the company’s high-profile collapse in November

Marathon Digital Announces $2 Billion Stock Sale to Boost Bitcoin Holdings in Strategic Move

Marathon Digital Announces $2 Billion Stock Sale to Boost Bitcoin Holdings in Strategic Move

Marathon Digital Holdings, a prominent player in the Bitcoin mining industry, has revealed plans to sell $2 billion worth of stock to significantly expand its Bitcoin reserves. The announcement, detailed in a recent SEC Form 8-K filing, shows the company’s ongoing commitment to deepening its investment in cryptocurrency. This

Trump and Bukele White House Talks Could Spark Bitcoin Policy Breakthroughs

Trump and Bukele White House Talks Could Spark Bitcoin Policy Breakthroughs

The prospect of a White House meeting between U.S. President Donald Trump and El Salvador’s President Nayib Bukele has stirred excitement among political and cryptocurrency enthusiasts. While no official confirmation has surfaced, Bukele recently dropped a tantalizing hint about a potential visit to Washington, raising questions about what

Mixed Signals Drive Bitcoin and Crypto Market Dynamics This Week

Mixed Signals Drive Bitcoin and Crypto Market Dynamics This Week

This past week in crypto, the market revealed a complex landscape where optimism clashed with caution, as Bitcoin and altcoins grappled with shifting prices and mixed signals. Bitcoin showed flashes of strength with institutional heavyweights like GameStop and Strategy boosting their holdings, yet it couldn’t fully shake off bearish