Crypto News

Major NFT marketplace Magic Eden is acquiring mobile trading app Slingshot Finance in an embrace of fungible token trading.Source link

Wall Street rebounded sharply on April 9 after President Donald Trump announced a 90-day pause on tariffs, temporarily easing trade tensions. Bitcoin roared past the $82,000 range at 1:50 p.m. Eastern Time on Wednesday. Trump’s Temporary Tariff Freeze Lifts Wall Street and Crypto The S&P 500 jumped over 7.6%, the Dow Jones Industrial Average climbedSource link

Crypto and stock prices alike are skyrocketing after President Trump confirmed that he has authorized a pause on most trade tariffs.Source link

Justin Sun's allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim initiated by the company.First Digital's FDUSD stablecoin briefly de-pegged on April 3 after Sun claimed the company was "insolvent," though it has since virtually recovered, according to CoinDesk markets data. The writ of summons, the first step in a defamation claim, was filed late last week and requests the Hong Kong High Court to issue an injunction restraining Sun from making further statements on the matter. It also asks for an injunction requiring Sun to publish retractions.It also asks for the Court to issue an award for damages (though it doesn't specify how much) for "unlawful interference...

The European Union said it is implementing retaliatory tariffs on $20.9 billion worth of U.S. goods in three phases in response to President Donald Trump’s steel and aluminum import taxes. The EU’s delayed response is due to the need for unanimous approval from its 27 member states. However, the EU stated that the tariffs couldSource link