US


Markets

Bitcoin Nears Golden Cross Weeks After 'Trapping Bears' as U.S. Debt Concerns Mount

BTC nears golden cross, as Moody's downgrade validates bond markets' concerns about the sustainability of the U.S. fiscal debt.

BTC nears bullish golden cross. (Pixabay)

Finance

Animoca Brands Plans U.S. Listing to Capture 'Unique Moment' of Trump Administration: FT

An announcement on plans to list in New York is expected soon, executive chairman Yat Siu said in an interview.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Markets

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Federal Reserve Chair Jerome Powell speaks during a news conference

Policy

DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky

Federal prosecutors called Mashinsky the architect of a "years-long campaign of lies and self-dealing" that left customers with billions in losses.

Former Celsius CEO Alex Mashinsky in shadow against a dark backgroud

Policy

Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump

The digital asset platform, which left the U.S. after clashing with regulators, says it’s relaunching with full services for retail and institutional clients.

Nexo Co-Founder Antoni Trenchev and Donald Trump Jr. shake hands (Nexo)

Markets

First XRP ETF in U.S. Racks up $5M on Debut in Teucrium's 'Most Successful Launch'

The trading volume puts it among the top ETF product introductions, one market analyst said.

Fireworks explode in the night sky. (photogrammer7/Pixabay)

Markets

Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.

Nouriel Roubini

Markets

The All-Important U.S. 10-Year Yield Is Moving in the Wrong Direction for Trump

One of the most volatile trading sessions since March 2020 exposed deep cracks in the global financial system—foreign selling of U.S. Treasury notes is questioned.

President Donald Trump (Shutterstock)

Policy

U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say

"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.

European Union flag (Christian Lue/Unsplash)