Even as Russia gears up to launch its digital ruble, some of the country’s top bankers still aren’t sold on the idea. As Russia moves closer to launching its own digital currency, questions are starting to grow louder about whether the country really needs a central bank digital currency. And most importantly, these concerns are
Crypto inflows continue to extend their multi-week streak, with Bitcoin (BTC) and Ethereum (ETH) still leading despite broader market caution. However, Ethereum remains an outlier, demonstrating significantly higher investor interest or sentiment than Bitcoin. Crypto Inflows Surge to $1.03 Billion Last Week Crypto inflows hit $1.04 billion last week, and while this was significantly lower
A trader on the Hyperliquid platform known by the pseudonym Qwatio on X has suffered massive losses after repeatedly shorting Bitcoin (BTC) and Ethereum (ETH) during the recent market upswing. The trader was liquidated five times over the weekend alone, bringing the total number of liquidations to ten in the span of just a few
The crypto markets started the new week in the green, with altcoins leading the charge Monday morning. Dogecoin was the best performer among the 10 biggest digital assets by market capitalization, up 3.4% at the time of writing. The meme coin’s performance could be linked to the news that billionaire Dogecoin fan Elon Musk is
Dogecoin DOGE$0.1739 surged over 6% in the past 24 hours to lead gains among major cryptocurrencies, as bitcoin BTC$109,165.54 bounced toward the $110,000 mark on renewed rate-cut hopes and easing fears around looming U.S. tariffs. The rally came after U.S. officials clarified that President Trump’s long-anticipated tariff hikes would not go into effect immediately, giving
While most governments struggle with digital asset taxation, Thailand has approved a five-year tax exemption plan that the government says will boost innovation. In neighboring Malaysia, the government has launched a new regulatory sandbox for digital asset firms as the race to dominate the sector in Southeast Asia heats up. Thailand’s tax exemption It’s “full
Tesla stock opened the week with a red candle, falling to $315.35, a 0.095% dip that lined up with a broader selloff across US equities and metals. The drop hit as Bitcoin blew through resistance and ended the June 29 week with its highest weekly close ever. The action split risk markets in two. Stocks
Major cryptocurrencies rose Sunday morning as the U.S. Treasury Secretary Scott Bessent hinted at upcoming trade deals before the July 9 Liberation Day tariff deadline. Bitcoin, the leading cryptocurrency by market value, gained over 1%, briefly topping $109,000. Payments-focused XRP and Solana’s SOL token gained over 2% each, with meme token dogecoin DOGE$0.1708 rising 3%,
Last week, the US markets were seen reaching new historical highs almost every day, and there was a very enthusiastic atmosphere in the markets. While asset management companies’ increasing optimism about US stocks is drawing attention, there are warnings that this excitement could lead to overly concentrated positions and cause sharp fluctuations, especially in the
Europe’s largest asset manager is sounding alarms as U.S.-regulated stablecoins surge, threatening to erode dollar dominance and destabilize global money flows at massive scale. US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins A sweeping shift in global financial dynamics could be triggered by the U.S. push to regulate dollar-backed stablecoins, prompting fears of