A coalition of top UK digital economy trade groups has urged lawmakers to step up support for blockchain and digital assets by calling for a dedicated envoy and action plan to keep the country competitive. On 31 March, six trade bodies, including the UK Cryptoasset Business Council, techUK, Global Digital Finance, The Payments Association, Digital…
The crypto market continued its sell-off on Friday as a risk-off sentiment prevailed ahead of Donald Trump’s Liberation Day and after the strong US inflation data. Bitcoin (BTC) crashed below $84,000, down by over 5.5% from its highest point this week. Most altcoins also dropped, with the most notable laggards being Polygon (POL), JasmyCoin (JASMY),…
Can Ethereum still claim L1 dominance as Solana gains ground and the ETH/BTC ratio crashes below 0.022? ETH/BTC hits a multi-year low Ethereum (ETH), the world’s second-largest crypto by market cap, is facing a sobering reality check. The ETH/BTC ratio, a metric used to gauge Ethereum’s strength relative to Bitcoin (BTC), has dropped to 0.022,…
In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trump’s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency. Tuberville, the sitting Senator since 2021, spotlighted his “Freedom’s Act,” a policy that would allow Americans to invest their retirement funds in…
Bitcoin and top altcoin prices suffered a harsh reversal toward the end of the week as the crypto fear and greed index remained in the fear zone. After soaring to $89,000, Bitcoin (BTC) crashed to about $82,000 on Saturday morning. See below. Source: CoinGecko Meanwhile, the market cap of all digital coins fell to $2.73…
The Hedera Hashgraph token crashed below a key support level, signaling that bears prevailed. Hedera Hashgraph (HBAR) dropped to a low of $0.1750, its lowest level since December 1 last year. It has plunged by over 57% from its highest level this year. The ongoing HBAR price crash has coincided with a decline of total…
Japan’s Metaplanet has announced the issuance of its 10th Series of Ordinary Bonds, raising ¥2 billion ($13.33 million) to fund further Bitcoin acquisitions. The bonds have no interest and will be fully redeemed by Sep. 30, 2025, as per the company’s filing on Mar. 31. The entire issuance has been allocated to EVO FUND. The…
DWF Labs managing partner says the firm is ready to step in to help crypto projects that suffered a ‘weird dump’ on Binance. Andrei Grachev, managing partner at leading digital assets market maker DWF Labs, has said the firm is ready to help crypto projects impacted by the sudden market dump on Binance. Multiple altcoins…
The XRP price has lost momentum this week, falling for four consecutive days and reaching its lowest point since March 11. Ripple (XRP), like other altcoins, has crashed as concerns about the state of the U.S. economy and President Donald Trump’s reciprocal tariffs on April 2. Data released on Friday showed that inflation rose in…
Spot Bitcoin exchange-traded funds in the United States experienced a sharp drop in net inflows over the past week as they snapped a 10-day streak of inflows that brought in nearly $1.07 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $196.48 million in net inflows over the past week, a drop…
