Crypto News

Coinbase CLO Paul Grewal will testify before Congress on regulators allegedly pressuring banks to cut off crypto.Source link

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after yielding to the IMF’s bitcoin de-risking policies. Latam Insights Encore: El Salvador Struggles to Keep Being a Bitcoin Country Finally, it happened. While many wereSource link

Bitcoin (BTC) and Nasdaq futures faced renewed selling pressure during Asia trading hours on Tuesday as China imposed retaliatory tariffs against the U.S.Beijing imposed a 15% duty on U.S. coal and LNG and a 10% tax on crude oil, agricultural machinery, pickup trucks and large-engine cars. The move came after U.S. President Donald Trump's new 10% tariffs on China came into effect.On Monday, Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada, offering a relief to BTC. The cryptocurrency's price staged a remarkable recovery from nearly $92,000 to over $102,000 in hopes that the trade war would be short-lived.China's fresh action, however, has dented the recovery, sending BTC down to $98,500 at press time. The...

BitMEX has officially launched support for the Sonic Network token (S), enabling users to deposit, trade, and convert the token on its platform. (Read More)Source link

The Royal Bank of Canada (RBC) described the impact of Trump’s actions as the “largest trade shock in nearly 100 years.” Canadian ‘Loonie’ Plummets as Bitcoin Soars Amid Trade War President Donald Trump slapped Canada and Mexico with a 25% tariff on all goods on Saturday, sending the smaller northern economy into a tailspin asSource link