Month: April 2025

Powell Likely to Wait Until Trump Blinks, ‘Dr. Doom’ Roubini Says

Nouriel Roubini, the economist who predicted the 2008 global financial meltdown to earn himself the nickname Dr. Doom, warned traders against relying on the Federal Reserve for a swift resolution to the financial market instability sparked by President Donald Trump’s tariffs on international trade. A week ago, Trump announced...
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Is The Ripple Vs. SEC Lawsuit Really Over? They Just Clashed Again

TL;DR Ripple’s legal saga with the SEC continues, with a recent filing from Justin W. Keener sparking further intrigue. Some predict that a resolution of the latest dispute could trigger a rally for XRP, but this remains quite uncertain.  Confronting on This Front The lengthy lawsuit between Ripple and...
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ARK Invest Buys the Coinbase Dip, Adding $30M of Shares in 3 Days

Investment manager ARK Invest, which is known for buying the dip when markets go south, has purchased 199,401 Coinbase (COIN) shares in the past three days. The Cathie Wood-run company bought 83,157 shares of the crypto exchange on Friday, followed by 84,514 and 31,730 on Monday and Tuesday, respectively,...
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Argentine lawmakers back Milei probe in Libra crypto scandal

Lawmakers in Argentina’s Chamber of Deputies backed an investigation into President Javier Milei’s alleged involvement in the Libra (LIBRA) cryptocurrency scandal. According to an April 8 report by local news outlet Buenos Aires Times, deputies in the lower house voted 128 to 93 in favor, with seven abstentions. The...
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Sweden Should Add Bitcoin To FX Reserves, Says MP

Swedish Member of Parliament Rickard Nordin (C) has asked thevfinance minister to diversify foreign currency holdings into Bitcoin. A recent written question submitted to the Swedish Riksdag is sparking renewed debate about how the country manages its foreign exchange holdings. The query, posed by Member of Parliament Rickard Nordin...
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