U.S. President Donald Trump has announced new tariffs on the European Union (EU), which would take effect next week. Bitcoin briefly retraced on the back of the announcement of the latest Trump tariffs, although the leading crypto is still up on the day amid optimism of renewed talks between the U.S. and Iran.
New Financial Times reporting says Donald Trump Jr. and Eric Trump are set to gain exposure to a Kazakhstan tungsten venture through Skyline Builders, a Nasdaq-listed company that has signed a transaction agreement with Cove Kaz Capital Group to create Kaz Resources Inc. if completed. Skyline and Cove, Kaz said, is expected to trade under
Porvenir, the largest Colombian pension fund manager, opened the doors to cryptocurrency to its users by launching a new crypto investment portfolio option. “ Crypto Porvenir” allows exposure to crypto assets starting from 100,000 Colombian pesos, leveraging BlackRock’s IBIT ETF to simplify management and minimize costs. Key Takeaways: Porvenir launched a crypto portfolio using Blackrock’s
Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23 billion. The company did not provide year-earlier or fourth-quarter figures. It reported a net profit of more than $10 billion for all of 2025. The amount of the dollar-pegged $USDT in
ClawBank, an agent-economy infrastructure project, said its Manfred AI agent became the first such entity to autonomously set up a company, filing with the U.S. Internal Revenue Service (IRS) for its own Employer Identification Number (EIN), a unique code that allows it to legally operate as a business, hire staff and obtain licenses. The agent
Strategy Inc.’s MSTR stock ended April with its strongest technical signal in months, closing higher after eight straight monthly red candles. The move drew fresh attention to Michael Saylor’s Bitcoin-linked equity strategy as the stock gained more than 32% for the month. The rebound came even as Peter Schiff continued criticizing the company’s funding model
US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month. Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data. With inflows in March and April offsetting outflows in January and
Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies. Crypto VC funding fell to $659 million across 63 funding rounds in April, down 74% from the $2.6 billion seen across 84 rounds in March, according to Cryptorank data. This brings the
Oil prices saw a massive quarterly surge, and the top two US oil giants somehow managed to make less money. Exxon Mobil and Chevron both reported first-quarter earnings today that fell sharply compared to a year ago. Exxon’s net income dropped 45% to $4.2 billion from $7.7 billion a year earlier. Chevron’s slid 36% to
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2090.4, up 1.3% (+26.17) since 4 p.m. ET on Thursday. Sixteen of 20 assets are trading higher. Leaders: TAO (+5.5%) and BTC (+1.9%). Laggards: ICP (-0.7%) and DOT (-0.4%).