Crypto News
Crypto Markets Suffer $1T Hit as US Tariff War Escalates
Crypto markets are reeling as aggressive U.S. tariffs ignite global economic turmoil, triggering a $1 trillion wipeout and fueling extreme volatility, Binance Research finds. Binance Warns of Prolonged Crypto Volatility Amid US Tariff Shock Crypto exchange Binance published research on April 7 analyzing the fallout from escalating U.S. tariffs and their disruptive impact on globalSource link
Bitcoin Strengthens Against ‘Magnificent 7’ Stocks as Wall Street Quakes
The leading cryptocurrency has been holding near its Election Day price, while the world’s most valuable tech stocks have wavered.Source link
Crypto Attorney Alleges US Government Knows Bitcoin Creator’s Identity
A new FOIA suit seeks records of an alleged 2019 meeting between the agency and pseudonymous Bitcoin creator.Source link
SEC Moves to Reshape Crypto Trading With April Roundtable
Crypto regulation is getting a reality check as the SEC sets the stage for a groundbreaking roundtable to shape the future of digital trading oversight. SEC Gears up to Hammer out Crypto Trading Rules in Upcoming Roundtable Event The U.S. Securities and Exchange Commission (SEC) announced on April 7 that its Crypto Task Force willSource link
Ripple, BCG Project $18.9T Tokenized Asset Market by 2033
The market for tokenized financial instruments, or real-world assets (RWAs), could reach $18.9 trillion by 2033 as the technology's growth is nearing a "tipping point," according to a joint report on Monday by Boston Consulting Group (BCG) by payments-focused digital asset infrastructure firm Ripple.That would mean an average 53% compound annual growth rate (CAGR), taking the middle ground between the report's conservative scenario of $12 trillion in tokenized assets in the next eight years and a more optimistic $23.4 trillion projection.Tokenization is the process of using blockchain rails to record ownership and move assets—securities, commodities, real estate. It's a red-hot sector in crypto, with several global traditional financial firms pursuing tokenization to achieve efficiency gains, faster and cheaper settlements and...