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
U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets. Since the early April slide, Wall Street’s tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to
Bo Hines, the US President’s Chief Advisor on Digital Assets, made a striking prediction about the cryptocurrency sector. Hines said that with the entry into force of stablecoin regulations in the US, the total market value of the digital asset industry could reach $15 to $20 trillion. Bo Hines said in a statement that these