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Markets Gain Ground on US-China Trade Deal Hopes and Fed Reassurances

Coins Legend April 11, 2025 0

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

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Flatulence Meets Finance: XCN Up 197%, FARTCOIN 91% in Wild Crypto Week

Coins Legend April 11, 2025 0

The digital asset sphere has navigated a whirlwind of volatility this past week, yet Friday’s 3.9% rebound injected a dose of optimism, propelling aggregate valuations to $2.61 trillion. While bitcoin and ethereum languished in negative territory this week, onyxcoin (XCN) and fartcoin (FARTCOIN) emerged as outliers, defying gravitational forces with staggering weekly leaps

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Bitcoin Soars as the US Dollar Tumbles

Coins Legend April 11, 2025 0

The cryptocurrency soared above $84K on Friday as the U.S. dollar fell to a three-year low in the face of weakening confidence in USD-denominated assets. Flight from Fiat? Bitcoin Jumps While Dollar Nosedives Despite President Donald Trump touting the success of his aggressive tariff strategy, what appears to be a loss of confidence in American […]

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Helium Cleared: SEC Dismisses Unregistered Securities Claims

Coins Legend April 11, 2025 0

The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its claim that Nova Labs, the […]

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China Imposes New Tariffs, Blames US for Global Tensions

Coins Legend April 11, 2025 0

China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions. Xi Criticizes Trade Isolation China responded forcefully on Friday to a dramatic tariff increase by […]

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Amid US-China Trade War Unrest, Blackrock CEO Predicts Recession Risk 

Coins Legend April 11, 2025 0

U.S. stocks saw mixed action on Friday, while the U.S. dollar slipped to multiyear lows amid the uncertainty surrounding President Donald Trump’s trade war with China. Speaking with CNBC on Friday, Blackrock boss Larry Fink stated that the U.S. economy is at least very close to, “if not in, a recession right now.” Recession Risk […]

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Ethereum Price Hits 2-Year Low as Lightchain AI Presale Nears Final Stage

Coins Legend April 11, 2025 0

This content is provided by a sponsor. PRESS RELEASE. The world of crypto never ceases to surprise its investors. Ethereum, the second-largest cryptocurrency by market cap, has recently hit its lowest price point in two years, presenting both challenges and opportunities for crypto enthusiasts. At the same time, Lightchain AI (LCAI) is creating a buzz […]

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Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking

Coins Legend April 11, 2025 0

Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International

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ETF Woes Deepen as Bitcoin and Ether ETFs See Combined $188 Million Outflows

Coins Legend April 11, 2025 0

Bitcoin ETFs marked their sixth consecutive day of redemptions, with a $150 million outflow, led by heavy withdrawals from Fidelity and Grayscale. Ether ETFs also saw no relief, shedding $38.79 million and slipping closer to the $5 billion net asset mark. Six-Day Slide: Bitcoin ETFs Lose $150 Million, Ether ETFs Drop $38 Million The heavy […]

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Alchemy Pay Unveils Strategic Roadmap for 2025, Positioning as Global Financial Hub With RWA Integration and its Alchemy Chain

Coins Legend April 11, 2025 0

This content is provided by a sponsor. Alchemy Pay, the world-leading fiat-crypto payment solution provider, has revealed its strategic roadmap for 2025. The comprehensive plan outlines the company’s transformation from a crypto payment gateway into a global financial hub—built on regulatory-first expansion on its ramp business, integration of Real World Assets (RWAs)