Harvard economist Kenneth Rogoff believes the Chinese yuan will become a global reserve currency within five years. He argues that President Xi Jinping’s explicit call for yuan internationalization marks a turning point. Rogoff says investors worldwide are desperate to diversify away from the US dollar, making China’s push well-timed. China’s Path to Reserve Status In
James Wynn, the high-leverage crypto trader known for turning $7,600 into $25 million on PEPE, warned traders that markets will deteriorate further before recovering. Wynn outlined a multi-asset defensive strategy, shorting US equities and going long on oil while selectively buying Bitcoin ($BTC) dips with spot capital. All these is amid the US President Donald
The relatively calm atmosphere in the cryptocurrency market stands in stark contrast to the volatility of geopolitical events. While Bitcoin and altcoins traded almost flat over the past week, global developments were closely monitored. The new week will see particular focus on developments regarding the conflict between the US and Iran. US President Donald Trump
Fox News Chief Foreign Correspondent Trey Yingst revealed in a live interview that he had a 15-minute phone conversation with US President Donald Trump. Trump issued a strong warning regarding ongoing nuclear and regional negotiations with Iran. President Trump said the following to Yingst: “If they don’t make a deal, and if they don’t do
The most recent data on the $XRP spot ETF market reveals a steady increase in institutional interest, with the total size of the products exceeding $1 billion. While the $XRP price is trading sideways around $1.31, both the asset size and the locked supply in ETFs have reached a remarkable threshold. According to the data,
Markets have priced out every Federal Reserve rate cut for 2026 as a U.S.-Israel war with Iran sends oil past $110 per barrel and consumer gas prices toward $4 a gallon. Key Takeaways: Fed funds futures on CME show a 99.5% probability the Fed holds rates at 3.50%-3.75% at the April 29 FOMC meeting. WTI
US banks are facing renewed scrutiny as their increased exposure to the private credit market comes into the limelight. With investors being prevented from withdrawing from the major financial funds, analysts are drawing a parallel between the current scenario and the prelude to the Financial Crisis of 2008.
Wall Street’s crypto footprint has never been larger. BlackRock alone reported nearly $150 billion in digital asset-linked AUM in its 2026 chairman’s letter. Public companies hold over 1.1 million $BTC on their balance sheets. Institutions disclose more than 513,000 $BTC through ETF wrappers. Yet aggregate numbers obscure the question that matters most. Who actually holds
The cryptocurrency market is under renewed pressure amid two key developments. One is Kevin Warsh’s April 16 nomination hearing before the Senate Banking Committee, and the other is traders scaling back expectations for Federal Reserve rate cuts. The nomination process is taking place alongside an ongoing federal investigation into the central bank. At the same