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Cryptocurrencies

All articles tagged with #cryptocurrencies

Bond intervention shakes dollar, sending bitcoin and gold higher
business4 days ago

Bond intervention shakes dollar, sending bitcoin and gold higher

Bitcoin and gold jumped as US Treasury Secretary Scott Bessent pledged to at least double long-term bond purchases, weakening the dollar and reviving debasement trades. Bitcoin rose about 23% for the week to around $77,380, its best in over three years, while gold climbed ~1.5% to about $4,585 per ounce and eyes its biggest monthly gain since 1999. Investors debated the policy’s effectiveness in stabilising long-dated yields, with bets increasingly placed on non-dollar stores of value even as crypto equities and other digital assets rallied amid a broader regulatory and market momentum.

Buybacks Lift Stocks as Markets Navigate Mixed Global Signals
business5 days ago

Buybacks Lift Stocks as Markets Navigate Mixed Global Signals

Markets were mixed as Asia led with tech gains and Europe opened flat, boosted by big buyback announcements (Novonesis €1 billion) and Nordson lifting its full-year guidance, with SK Hynix also revealing a massive buyback. U.S. stock futures edged higher ahead of the session, Bitcoin extended its after-hours rally, and gold pulled back after yesterday’s strength, while global debt topped $40 trillion still shaping the macro backdrop.

Senate stalls landmark digital assets bill amid record crypto lobbying
us-politics-and-policy17 days ago

Senate stalls landmark digital assets bill amid record crypto lobbying

Even with more than $225 million spent by the crypto industry to influence Washington since Jan 2025, the Senate has stalled on the Clarity Act, a first-of-its-kind digital assets framework, with no vote scheduled as lawmakers negotiate; the House has passed its version, while Republicans and Democrats clash over bank customer protections, enforcement by Gary Gensler, and ethics rules around Trump’s crypto holdings—a lobbying push that has made crypto donors one of the top funding sources in the 2026 cycle.

Crypto Perps Bring Chinese AI Stocks to Global Traders Ahead of IPO
markets1 month ago

Crypto Perps Bring Chinese AI Stocks to Global Traders Ahead of IPO

Cryptocurrency exchanges have launched perpetual futures tied to Chinese AI stocks, notably CXMT, enabling foreign and crypto traders to gain exposure to pre-IPO and listed Chinese equities despite Beijing’s capital controls. Platforms such as tradeXYZ and Gate.com offer perps that track stock prices (often with leverage), blurring the line between crypto markets and traditional finance. CXMT’s Shanghai listing is targeting around $10bn, while regulators monitor how these instruments are classified and used, amid debates over hedging, access, and the evolving role of crypto-based equity bets.

Sunday Reads: SpaceX’s Sky-High Valuations Meet Reality, Crypto Sanctions, and the Surveillance State
weekend1 month ago

Sunday Reads: SpaceX’s Sky-High Valuations Meet Reality, Crypto Sanctions, and the Surveillance State

Barry Ritholtz’s Sunday Reads surveys a cross-section of policy and market tensions—from SpaceX’s lofty market value vs. profitability risks, to crypto-enabled sanctions evasion, rising surveillance via license-plate readers, questions about civility and institutional corruption, and public-health concerns around measles outbreaks—plus coverage of media/political dynamics (Bari Weiss at CBS, Olivia Rodrigo’s activism) and debates over the future of reading.

Trump Family Profits Billions From Crypto While Retail Investors Lose Billions, Reuters Says
cryptocurrencies2 months ago

Trump Family Profits Billions From Crypto While Retail Investors Lose Billions, Reuters Says

Reuters’s analysis, cited by Gizmodo/io9, finds the Trump family generated at least $2.3 billion in profit from Trump‑linked crypto since the presidency, while investors lost about $2.3 billion; most profits reportedly came from WLFI, World Liberty Financial’s governance token, with the Trumps taking a 75% cut and holding about 60% of the company, though WLFI says it is not an investment product. The token has fallen from roughly $0.31 to $0.05, and other Trump‑linked assets like the $Trump memecoin are noted. The piece also touches on investor types, legal disputes, and backing from entities such as AI Financial. Overall, it presents a symmetrical but troubling portrait of meme‑crypto where a political family profits while ordinary investors incur losses.

US greenlights bitcoin perpetual futures as Hyperliquid expands offshore
cryptocurrencies2 months ago

US greenlights bitcoin perpetual futures as Hyperliquid expands offshore

The US Commodity Futures Trading Commission approved listing of a bitcoin perpetual futures contract on registered exchanges—the first of its kind in the US—with other assets to be reviewed case by case. The move follows Hyperliquid’s rapid offshore growth, notably in oil-linked contracts spurred by the Iran war, and signals regulators’ closer scrutiny of 24/7, high‑leverage trading. It could prompt regulated rivals like Kalshi, Coinbase, and ICE to offer similar products, while concerns about leverage, price manipulation, and access for US traders persist.

Trump Family's Crypto Cash Boom Draws Regulator Scrutiny
politics3 months ago

Trump Family's Crypto Cash Boom Draws Regulator Scrutiny

The Daily Beast reports that the Trump family’s wealth is booming through crypto and prediction markets as the CFTC retreats from enforcement; Don Jr. sits on Polymarket and advises Kalshi, Polymarket’s value has surged, and GOP lawmakers are blasting an $1.8B Jan. 6 payouts fund while the White House seeks a multibillion underground bunker budget—highlighting moneyed influence and growing intra‑party division.

Trump-Linked Crypto Ventures Hit by Lawsuit, Ethics Push and Leadership Shifts
cryptocurrencies3 months ago

Trump-Linked Crypto Ventures Hit by Lawsuit, Ethics Push and Leadership Shifts

Trump-affiliated crypto ventures face mounting pressure: World Liberty Financial is sued by Justin Sun; the CLARITY Act could add ethics provisions that would curb Trump’s crypto profits while in office; Alt5 Sigma Corp. has seen leadership changes and a steep stock decline; Democrats are urging ethics scrutiny amid a broader industry push for regulatory clarity and concerns over centralization.

Trump Tariff Leap Sends Bitcoin Sliding Toward $64K
markets6 months ago

Trump Tariff Leap Sends Bitcoin Sliding Toward $64K

Bitcoin slipped about 4% to roughly $64,443 as Trump announced a 15% global tariff under a 1974 Trade Act provision, injecting policy uncertainty. Since the start of 2026, bitcoin has fallen about 25%, gold futures rose around 2.9%, and crypto-related stocks like Robinhood and Strategy also declined on the tariff news, which Deutsche Bank framed as a temporary measure with potential legal challenges.