US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks undermining the central bank’s political independence. With the European Central Bank (ECB) cutting interest rates again on April 17, “Too Late” Powell has failed to…
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The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC). In an April 17 meeting in the extension of the Wyoming Capitol building, Commissioner Joel Revill suggested the…
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The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison. Source: Cointelegraph/TradingView In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months earlier. Similarly, gold reached a new high near $2,075 in 2020…
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Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012. During an April 17 appearance on Raoul Pal’s Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin.…
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Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to…
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Cryptocurrency and equities markets entered a “new phase of the trade war, amid ongoing tariff escalations between the United States and China. Global trade war concerns intensified on April 15 after the White House published a fact sheet announcing that Chinese imports would be hit with tariffs of up to 245%. The penalties include a…
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Meta, the parent company of Facebook, Instagram, WhatsApp and Messenger, is facing antitrust proceedings that could limit its ability to develop AI amid a field of competitors. First filed in 2021, the Federal Trade Commission (FTC) alleges that Meta’s strategy of absorbing firms — rather than competing with them — violates antitrust laws. If the…
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Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $86,000 on April 16 as Fed Chair Jerome Powell dashed hopes of early rate cuts, citing the impact of Trump’s tariffs. Since April 9, BTC price has formed daily candle highs between $75,000 and $86,400, but has been unable to produce a close above…
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As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization. Polygon is working with Jio, a telecom giant owned by India’s richest man, Mukesh Ambani, to find ways to infuse…
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Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, reducing the protocol’s total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked a total of 14,929 Bitcoin (BTC) from the staking platform. The security firm flagged four addresses that had unstaked 299 BTC,…
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