U.S. stocks edged higher Friday following remarks from the White House indicating the Trump administration’s confidence in securing a trade agreement with China. On the same day, Susan Collins, the president and CEO of the Federal Reserve Bank of Boston, stated that the central bank stands ready to implement measures aimed at steadying financial markets. […] Source CryptoX Portal
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP price may be gearing up for a historic breakout as a long-term Symmetric Triangle pattern from 2017 resurfaces on the charts. If history repeats and a similar…
The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so. Accepting Bitcoin is part of the school’s plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to “prepare students for the uncertain future,” the announcement reads, adding: “Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, particularly for people in developing nations who lack access to traditional banking.…
On Friday, April 11, U.S. stock markets showed resilience, recovering from earlier losses driven by escalating trade tensions and inflation worries. U.S. stocks climbed despite early week volatility, as consumer sentiment dropped and 10-year Treasury yields rose, while investors digested new tariff developments in the U.S.-China trade dispute. The S&P 500 gained 1.81% after fluctuating throughout the day. The Nasdaq Composite also swung between gains and losses before finishing up 2.0% while the Dow Jones Industrial Average jumped over 1.5%. Bitcoin (BTC) briefly traded above $84,000 before settling at $83,796…
Ripple made headlines this week when it became the first crypto-native company to acquire a multi-asset prime broker, potentially setting the stage for wider adoption of its XRP Ledger technology. The acquisition of Hidden Road didn’t come cheap, either, as Ripple doled out $1.25 billion for the brokerage. It was a price Ripple CEO Brad Garlinhouse was happy to pay as the company set its sights on global expansion. Elsewhere, crypto exchange Binance listened to its community and moved to delist 14 tokens that no longer met its quality thresholds.…
Bitcoin has been showing signs of life after a recent bounce, but it’s heading straight into heavy local resistance. With a crucial breakout or breakdown looming, this region could define the next major trend. Bitcoin (BTC) has had a decent bounce after establishing a key swing low, but now it’s pressing into a critical resistance zone that could decide its next big move. In this breakdown, we’ll look at why this region matters, the confluences lining up, and what to expect next — whether it breaks out or continues the…
The US Federal Reserve is prepared to use its vast arsenal of monetary policy tools to prevent financial and economic conditions from deteriorating rapidly but will do so only if liquidity dries up or markets become disorderly, a top central banker said. In an interview with the Financial Times, Boston Fed President Susan Collins said the central bank “would absolutely be prepared” to backstop markets if needed. Source: Walter Bloomberg While it is generally understood that the Fed is always prepared to act quickly to stave off market chaos, Collins’…
Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury yield surged above 4.59%—its highest level in two months. US 10-year Treasury note yields daily performance chart. Source: TradingView The $29 trillion US Treasury market has dropped more than 2% this week — its steepest…
Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform. In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed. The implications…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is facing a crucial test as its price continues to swing without clear direction, navigating a tense and uncertain macroeconomic environment. While volatility persists, many analysts believe the…