Wall Street Wipes Out $2 Trillion, Apple Eyes Worst Day Since COVID-19 Pandemic, Oil Plummets: What’s Driving Markets Thursday?
President Donald Trump‘s sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash. Wall Street saw a staggering $2 trillion in market cap erased, with the U.S.’s biggest 10 companies...
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Here’s Why Dogecoin, Shiba Inu, And PEPE All Crashed
Dogecoin, Shiba Inu, and PEPE have all crashed today, sparking a bearish sentiment for the foremost meme coins. This price crash occurred following Donald Trump’s tariff announcement, which led to a wave of sell-offs in the crypto market. Why Dogecoin, Shiba Inu, And PEPE All Crashed CoinMarketCap data shows...
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Shiba Inu price targets a 60% jump as Shibarium enters its ‘gold age’
Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.00001215, its lowest level since March 14, and 23% below its…...
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Luxor’s Aaron Forster on Bitcoin Mining’s Growing Sophistication
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021,...
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Investment Firm Republic to Acquire Crypto Trader INX Digital for Up to $60M
Investment company Republic is set to acquire crypto trading firm INX Digital (INXDF) at a valuation of up to $60 million. Republic subsidiary Republic Strategic Acquisition will acquire all issued and outstanding shares of INX, according to an announcement on Thursday. The transaction is expected to close within eight...
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WisdomTree Expands Institutional Tokenized Fund Platform to Arbitrum, Avalanche, Base and Optimism
Asset management firm WisdomTree (WT) is moving deeper into asset tokenization with expanding its institutional investment platform, WisdomTree Connect, to include 13 tokenized funds across five blockchain networks, the company said on Thursday. Previously limited to Ethereum, the platform now supports Arbitrum, Avalanche, Base and Optimism. Investors can interact...
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BlackRock taps BNY Mellon to publish fund data on Ethereum
The Bank of New York Mellon Corporation has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks. BNY Mellon, the world’s largest…...
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Senate committee passes Trump’s pick Paul Atkins as SEC chair
The U.S. Senate Banking Committee voted 13-11 along party lines to advance President Donald Trump’s nominee, Paul Atkins, for Chair of the SEC. The nomination now proceeds to a full Senate vote, according to Reuters. Committee Chairman Senator Tim Scott…...
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USDC Navigates Global Market Stress With Minimal Volatility
USDC at Center of Major Financial Developments Global economic tensions and shifting trade policies are creating subtle ripples in the stablecoin market, with USDC experiencing minor volatility while maintaining its dollar peg. The stablecoin recently navigated a brief dip below parity before quickly recovering, demonstrating resilience amid broader market...
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Bitcoin Nears $80K but ‘Turning Point’ in Sight, Suggests Analyst
Down more than 5% since President Trump’s tariff announcement on Wednesday evening sent markets plunging, bitcoin (BTC) once again is disappointing bulls who have touted its store-of-value properties or potential as a non-correlated safe haven to risk assets like stocks. Or not. “This moment feels like a turning point,”...
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