Crypto Markets Lose $1 Trillion as U.S. Tariff Tensions Spark Global Sell-Off

🚀

The crypto market just took a punch to the gut, hard. A whopping $1 trillion in market cap vanished in a flash as the latest round of U.S. tariff announcements sent shockwaves through both traditional and digital markets. And no, this crypto crash wasn’t an April Fool’s joke. Bitcoin dropped below the $80,000 line as … Read more

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund

Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims … Read more

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

Introduction Bitcoin has been in a consolidation phase following recent market volatility, hovering around crucial support levels. While regulatory developments and macroeconomic factors continue to influence price action, traders have identified a key technical pattern—a bullish RSI divergence. This could indicate a potential trend reversal, presenting a possible opportunity for traders and investors alike. Additionally, … Read more

U.S. States ahead of Fed on Bitcoin reserve path: Lummis

U.S. States ahead of Fed on Bitcoin reserve path: Lummis

More than 30 U.S. states have explored the idea of publicly funded Bitcoin reserves, with at least two jurisdictions nearing the passage of related legislation. Policy makers in Washington haven’t agreed on federal laws to create a Bitcoin (BTC) reserve, Wyoming Republican Senator and chair of the Senate Banking Subcommittee on Digital assets, Cynthia Lummis … Read more

Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely

Introduction to the Impact of U.S. CPI Data on Bitcoin Prices Bitcoin (BTC) has long been viewed as a hedge against inflation and economic uncertainty. As a result, the release of U.S. Consumer Price Index (CPI) data often plays a crucial role in shaping Bitcoin’s price movements. A ‘soft’ CPI report, indicating cooling inflation, typically … Read more