US Vice President JD Vance offered messages aimed at easing tensions that rose on Friday following President Donald Trump’s announcement to raise tariffs against China to 100%. Vance made the following statement in his press release: “We appreciate the friendship between President Trump and President Xi.” “President Trump hopes the US will not have to
The cryptocurrency market experienced one of the biggest single-day losses in recent years with a sharp decline on Friday night. The loss in value reached billions of dollars. Experts say that following this collapse, signs of a gradual stabilization are emerging in the markets. The decline came shortly after the US government announced new tariffs
The introduction of USA₮ and appointment of Bo Hines marks Tether’s next chapter in strengthening U.S. dollar dominance through transparency and innovation 12 September 2025 – Tether, the largest company in the digital asset ecosystem, today unveiled USA₮, its planned U.S.-regulated, dollar-backed stablecoin, along with the announcement and appointment of Bo Hines as Tether USA₮’s
The global stablecoin market has added $2.035 billion in just seven days, pushing its total capitalization to $304.57 billion, according to data from Defillama. That’s a 0.67% increase in a week — but the furious growth behind the numbers stretches much further. The Quiet Rise of Stablecoins: A $304 Billion Digital Backbone Once a niche
Wintermute CEO Evgeny Gaevoy denies collapse rumors after the Oct. 10 crypto crash wiped out $19B in leveraged positions. CEO Refutes Wiped out Rumors Evgeny Gaevoy, the co-founder and CEO of Wintermute, has publicly refuted rumors that began circulating early Saturday claiming the Oct. 10 market crash had “collapsed” the major market maker. In a
Decentralized finance players and major crypto institutions are moving swiftly to restore stability and confidence after one of the sharpest sell-offs in the digital asset market this year, with stablecoin issuers Tether and Circle minting billions in new tokens and Ethereum’s largest treasury firm, Bitmine, scooping up large amounts of Ethereum. The October 10 crash,
Renowned author and investment analyst Robert Kiyosaki issued a striking warning about financial markets. Kiyosaki, author of the book “Rich Dad Poor Dad,” claimed in a social media post that the world’s biggest economic collapse will occur this year. Kiyosaki recalled that he predicted this collapse years ago in his book “Rich Dad’s Prophecy,” stating
A noteworthy claim has come to the fore in the cryptocurrency market. A whale wallet trading on decentralized derivatives exchange Hyperliquid deposited approximately $160 million worth of USDC, opening $1.1 billion in leveraged short positions on Bitcoin (BTC) and Ethereum (ETH), according to reports. These trades reportedly occurred approximately 30 minutes before US President Donald
Following the sharp declines in the cryptocurrency market in recent days, Liquid Capital (formerly LD Capital) founder Yi Lihua made remarkable assessments on his personal social media account. Yi Lihua stated that this decline was “caused by multiple factors,” and announced that he had completely liquidated all his positions for the first time. Lihua, who
Cryptocurrency investor and social media phenomenon Konstantin Galish was found dead in his Lamborghini amid a historic market crash. The incident occurred in Kyiv and, according to local sources, Galish allegedly committed suicide. According to a crypto influencer’s social media post, Galish, also known as “Kostya Kudo,” committed suicide with a gun given to him