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Top Crypto Stories This Week: From Drink Spiking in HK to Bitcoin Spiking to $72K
Bitcoin surged past $70K, peaking at $72K before a dip. Yet, crypto firms Kraken, Consensys, and dYdX faced layoffs, Coinbase missed earnings, and Tether is under U.S. probe. Amid this, ex-DWF co-founder Eugene Ng faces drink-spiking allegations, casting scrutiny on crypto's ethics.
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US Economy Opens 2025 With a Contraction; Tariffs Taking Hold?
The US economy contracted in the first quarter of 2025, marking its first decline since 2022, as anxieties surrounding President Trump's trade policies and rising inflation took hold, overshadowing a contrasting surge in cryptocurrency-related stocks during a volatile April.
What About the Recession?
Across both sides of the Atlantic, a recession isn't the primary scenario we're expecting, yet we can all concur that it's not a particularly compelling prediction. A significant factor will likely hinge on the potential reduction of tariffs in China over the coming weeks
Crypto Emerges as Dollar Hedge as "Sell America" Trades in Play
Stock investors are bracing for more "sell America" trades, but a new contender is emerging as a potential hedge: cryptocurrency.
Bitcoin Bets Remain Ahead of Key Data, Earnings Barrage
Cryptocurrencies gained on Monday as traders prepare for a week full of important economic and financial reports, and investors hoped for any indications of improvement in the trade talks.
Latest
US Economy Opens 2025 With a Contraction; Tariffs Taking Hold?
The US economy contracted in the first quarter of 2025, marking its first decline since 2022, as anxieties surrounding President Trump's trade policies and rising inflation took hold, overshadowing a contrasting surge in cryptocurrency-related stocks during a volatile April.
OSL, Ant Digital Partner on RWA Tokenization, Eye Institutional Adoption
OSL, Ant Digital Partner on RWA Tokenization, Eye Institutional Adoption
Robinhood's Q1 Earnings Beat Expectations Despite Crypto Trading Dip
he company's strategic focus on diversification suggests a move towards a more balanced revenue model in the future, especially as traditional financial giants like Morgan Stanley and Charles Schwab prepare to enter the direct crypto trading space.
How a Potential Recession Could Create a Major Opportunity for Digital Assets
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