Crypto News

This content is provided by a sponsor. Web3 companies are built for global reach from day one. An average team may have marketers from the US, developers from Europe, and support staff from South America. With teams like this scattered across continents, managing payroll turns into a legal and logistical mess. One of the smartestSource link

By Francisco Rodrigues (All times ET unless indicated otherwise)As the trade war between the U.S. and China escalates, with the latter raising tariffs on the former from 84% to 125% this morning, bitcoin (BTC) and the wider cryptocurrency market appear relatively unfazed.Bitcoin is down a mere 0.15% over the last 24 hours, and China’s recent escalation hasn’t stopped its ongoing recovery. The cryptocurrency is now trading above $82,000. The wider crypto market, measured by the CoinDesk 20 (CD20) index, is stable with similar performance.The same can’t be said about other assets. Gold rose to a new $3,227.5 record making Tether’s XAUT — a gold-backed cryptocurrency — the top-performing digital asset. Meanwhile, the U.S. Dollar Index (DXY) dropped below 100 after...

Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, theSource link

News of the case's pending resolution may be priced in, with the price of XRP holding steady following the agreement-in-principle.Source link

The lower chamber of the Argentine Congress approved the creation of a commission to formally investigate the involvement of government officials with Libra, the cryptocurrency shared by President Javier Milei. The group will begin its investigative work on April 23. Argentine Congress to Open Libra Probe The lower chamber of the Argentine Congress approved theSource link