Varyante
US exchanges bet big on crypto derivatives amid tariff turbulence
United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments. Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange (CME) Group have been listing new types of crypto derivatives and mulling multibillion-dollar acquisitions as they vie for control of the burgeoning market. In April, the stakes became even high
XRP futures open interest surges by 32% — Are traders bullish or bearish?
Key Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%.Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders.Analysts still have double-digit price targets for XRP.XRP's (XRP) price fell to a year-to-date low of $1.61 on April 7, but has gained 25% over the past two weeks as the broader crypto market recovered and XRP open interest surged. XRP futures open interest. Source: CoinGlassThe altcoi
Alabama drops staking lawsuit against Coinbase
The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients.The regulator cited the ongoing work between the US Securities and Exchange Commission (SEC) and the crypto industry to develop clear crypto regulations as the primary reason for dropping the litigation, according to the April 23 legal filing shared by Coinbase's chief legal
IBM says it’s bullish despite ‘fluid’ economy, but stock falls after hours
Tech-infrastructure giant IBM on Wednesday offered a solid sales outlook despite worries about the impact of a global trade war on the economy and tech spending, but its shares still fell after hours.
Chipotle’s sales miss, as chain is latest to raise the alarm about spending slowdown
Chipotle’s same-restaurant sales headed south in the first quarter, dashing Wall Street hopes of growth above 1%.
Recession ‘inevitable’? Markets say don’t be so sure.
Markets are signaling doubt about whether the U.S. economy will end up in recession, despite investors’ fears over President Donald Trump’s ‘liberation day’ tariffs.
ServiceNow’s stock pops as earnings beat quiets ‘DOGE’ fears
Some worried ServiceNow’s federal business would be under pressure from “DOGE” cuts. But CEO Bill McDermott said the company is benefitting from the efficiency push.
Wednesday’s relief rally suggests the ‘Sell America’ trade is on pause. But is the worst really over?
The dollar and U.S. government debt have been at the center of the “Sell America” trade for weeks. That trade is taking a break for now, however, as investors and traders jumped back into long-term Treasurys and sent the greenback higher against major rivals on Wednesday.
Bitcoin holders back in profit as new capital enters the market — Is $100K BTC price next?
Key Takeaways:Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000.Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April.Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above the short-term realized price or cost basis. This implies that a majority of short-term holders (STHs) are currently back in profit.STHs returnin
SEC discusses deepening US-El Salvador ties amid deportation backlash
Officials with the US Securities and Exchange Commission’s (SEC) crypto task force met with the El Salvador National Commission on Digital Assets (CNAD) to discuss regulation and a proposed cross-border sandbox.In an April 22 memo, the SEC’s crypto task force reported meeting with officials from El Salvador, Perkin Law Firm, and former Goldman Sachs partner Heather Shemilt as part of the commission’s outreach to the industry. The representatives discussed US-El Salvador cross-b
Gold prices plunge in biggest one-day drop in years. Is the record rally over?
Gold suffered its biggest one-day drop in nearly four years Wednesday, raising questions about whether a torrid rally driven by anxiety over President Trump’s trade policies can continue.
Trump’s climbdown against the Fed looks very bullish for bonds
A slowing economy, an independent Fed: What’s not to like?
Luxury app Dorsia taps MoonPay for crypto payments
Luxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations.The payments feature is being enabled through a partnership with MoonPay, the companies told Cointelegraph. With the integration, users will be able to book luxury travel experiences and complete transactions directly in USDC (USDC) and Solana-based tokens through the Dorsia app.“[…] integrating crypto payments is a natural next step in
Alphabet’s stock faces threat of an ad slowdown — but here’s what could save it
YouTube and Google Cloud are both fast-growing businesses that bear watching when Alphabet reports earnings after Thursday’s closing bell.
‘I survived a head-on car wreck’: I’m on Medicaid, but inheriting $290K. How do I protect it from the 5-year look-back rule?
“About 30 years ago, I survived a head-on car wreck. I was put on 100% disability. I have not worked since.”
Price predictions 4/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, SUI
Key points:Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs.A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000.Select altcoins are showing signs of a price bottom.Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23 as the cryptocurrency finds support from rising spot BTC ETF inflows and positive macroeconomic news in the United States. According to Farside Investo
Bretton Woods institutions must reorient, US Treasury secretary says
United States Treasury Secretary Scott Bessent recently called for “Bretton Woods institutions,” such as the International Monetary Fund (IMF), to reorient themselves, a signal that the global monetary order could be shifting.Speaking at the Institute of International Finance (IIF) on April 23, Bessent called on the IMF and the World Bank to correct trade imbalances and protect the value of fiat currencies against exchange rate risk."The Bretton Woods institutions must step back from
Bitcoin ETF inflows top 500 times 2025 average in 'significant deviation'
Key points:Bitcoin ETF inflows obliterated the 2025 average on April 22.ETF performance remains tightly dependent on BTC price action, with the turnaround following six-week highs in BTC/USD.ETFs themselves are gaining influence, with one commentator arguing that they can “determine” exchange activity.Bitcoin (BTC) institutional investors piled over eleven times the all-time average into the US spot Bitcoin exchange-traded funds (ETFs) on April 22.Fresh data from onchain analytics fi
Top TRUMP tokenholders revealed? US President to host memecoin dinner
Some of the top holders of Donald Trump’s memecoin could come out of the shadows to appear for a dinner the US President is planning to host on May 22.As of April 23, the official Trump memecoin (TRUMP) website offered the opportunity for the “top 220” holders to meet the president in person at his golf club in Washington, DC. At the time of publication, the guest list for the event was unclear, but the project stated any tokenholder who applied had to pass a background check,
Symbiotic raises $29M for staking-based universal coordination layer
Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security.The round included more than 100 angel investors, with participation from major industry players including Aave, Polygon and StarkWare, the company said in an April 23 announcement shared with Cointelegraph.The closing of the funding round also