Crypto News

Social news platform Digg is returning thanks to Kevin Rose and Alexis Ohanian, with plans for crypto wallets and AI agents ahead.Source link

The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its claim that Nova Labs, theSource link

But BlackRock funds tracking the price of the two largest cryptocurrencies by market value still generated $3.1 billion in net inflows.Source link

Traditional U.S. assets are going haywire as U.S.-China trade tensions continue to rattle global markets, now coupled with fresh data of tumbling sentiment towards the U.S. economy and mounting inflation concerns.The most recent University of Michigan survey, published on Friday, found that consumer sentiment fell to 50.8 from 57.0, nearing the most depressed level in three years and far below that seen during the 2020 Covid shutdowns. Year-ahead inflation expectations surged to 6.7%, up from 5% in the prior month and the highest read since 1981.On the back of the data, investors resumed selling long-term U.S. government bonds and the greenbacks, two assets traditionally considered as safe havens. The 10-year Treasury yield soared above 4.55% during U.S. morning hours, up...

China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions. Xi Criticizes Trade Isolation China responded forcefully on Friday to a dramatic tariff increase bySource link