In a recent social media post, Coinbase CEO Brian Armstrong has stated that crypto helps to inject economic freedom and capitalism into every country in the world. “If we want greater prosperity, especially for the poorest people in society, we need more capitalism, and less socialism,” the Coinbase head said. Is it that simple? Armstrong
The crypto market is walking into a crowded macro week where policy headlines and liquidity shifts will matter more than chart patterns. Traders are watching President Donald Trump’s $2,000 tariff dividend pledge, a 41-day U.S. government shutdown that still needs a final Senate clearing vote, and a series of Federal Reserve appearances that could explain
Korea Investment Management’s ACE U.S. AI Tech Core Industry Active Exchange-Traded Fund (ETF), which launched on October 28, is seeing a surge in demand. On-chain data showed that the ETF recorded individual net purchases of 28 billion Korean won on its establishment day. The ACE U.S. AI Tech Core Industry Active ETF also surpassed cumulative
The cryptocurrency market roared back to life on Monday, adding roughly $170 billion in value within 24 hours as renewed optimism flooded global markets. At press time, the total crypto market capitalization stood at $3.58 trillion, up from $3.41 trillion the previous day, according to CoinMarketCap data. Bitcoin (BTC) led the rebound, rising 4.66% to
Saudi Arabia’s government is preparing to introduce stablecoins under national regulation, drawing praise from global crypto exchanges that see the Kingdom’s move as a milestone for digital finance. Saudi Arabia Eyes Stablecoin Launch According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural
The US government has been shut down for over a month. While this has negatively impacted markets, including cryptocurrencies, the long-awaited agreement may finally be coming. The first step toward reopening the government has been taken, with the US Senate passing a temporary funding bill that will fund the government until January, according to The
Bitcoin’s price plunged at the start of the week. However, it significantly recovered losses through a weekend rebound, stabilizing near $106,000 mark. The weekly decline, which had approached -10%, ultimately closed at -4.99%. The rebound was driven by news of an imminent end to the US government shutdown and a social media post from President
Bitcoin jumped past $106,000 for the first time in nearly a week amid multiple reports that the U.S. Senate had reached an agreement to end the 40-day government shutdown, the longest in U.S. history. The largest cryptocurrency by market value was recently up more than 4%, according to data provider CoinGecko. Other major digital assets
The crypto market shot up today with big policy and regulatory actions in the U.S. boosted investor confidence and their liquidity expectations. Bitcoin climbed above $103,000. Solana price increased along with Ethereum and is continuing its weekend recovery due to positive macroeconomic and policy indicators.