News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Pi Network has suffered from a lack of trust in its project, as well as from a relative absence of big-name listings.
Sui has enjoyed considerable growth as a network in recent months, yet the market-wide downturn could mean that it underperforms for a while yet.
As Ethereum looks to integrate institutional accessibility and scalability tech, the Pectra upgrade shows a strategic pivot in the blockchain’s battle to regain market dominance.
Solana (SOL) has broken below a key support at $120. Is this the beginning of a massive sell-off?
Grayscale Investments has filed an S-1 form with the SEC to convert its Grayscale Solana Trust into an exchange-traded fund (ETF) under the new name Grayscale Solana Trust ETF.
The SEC could officially announce that it will drop its ongoing legal battle against Ripple today.
- 13:33The Japanese Prime Minister plans to propose a "comprehensive" suggestion to Trump regarding the issue of US tariffsJapanese Prime Minister Ishiba Shigeru said on Saturday that he plans to present a "comprehensive" proposal to US President Trump regarding the issue of US tariffs. On Friday, Ishiba Shigeru stated that he planned to discuss the issue of US tariffs with Trump. He told reporters on Saturday that the conversation could take place "as early as next week" (the Japanese week starts from Sunday) when it is convenient for both parties. Japanese Prime Minister Ishiba Shigeru told reporters: "What's important is not just discussing how our country will respond to various issues raised by President Trump. It's useless to ask for exceptions for Japan. In talks with the United States, I want to present a comprehensive proposal from Japan, so this takes time, but if we do this, we will succeed." (Russian Satellite News Agency)
- 13:32Hedge funds set the largest single-day sell-off record since 2010, close to the 2008 Lehman crisisAccording to The Kobeissi Letter's analysis, hedge funds are fleeing on a large scale. On Thursday alone, hedge funds sold $40 billion in stocks, setting the record for the largest single-day sell-off since 2010. Short selling on Thursday was three times that of long positions, with North American stocks accounting for 75% of total trading volume. The previous record was set during the 2008 Lehman crisis when $28 billion was sold in a single day, which is equivalent to about $42 billion today after adjusting for inflation. During the COVID-19 impact in 2020, there was a net sell-off of $52 billion in one week.
- 13:25"Sister Wood" claims that Trump's tariffs could potentially lead the United States into recessionThe founder and CEO of Ark Investment Management, Cathie Wood, warned on Friday that Trump's new tariffs could plunge the US economy into recession. Speaking about the uncertainty these measures bring, Wood said: "The market is in quite a bit of turmoil." She warned that these policies could lead to a recession in the United States. She said: "We know how he calculates reciprocal tariffs, but it doesn't seem to make much sense." Wood added: "We are in the eye of the storm. However, if Trump cares about his political legacy - which we know he does - or cares about the midterm election campaign season starting this fall, then this final period of rolling recession will give him and the Federal Reserve more freedom to adjust policy."