Latest News for: jafri

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Global trade tensions are boosting Bitcoin’s strategic allure – VanEck

Cryptoslate 05 Apr 2025
Following the April 2 announcement, Bitcoin dipped to the $81,000 range amid broader risk-off sentiment. However, the flagship crypto stabilized and outperformed equities in the days that followed ... He wrote in an April 4 client note. ... He wrote. ... ....
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StanChart predicts AVAX will 10x by 2029 to outperform Bitcoin, Ethereum

Cryptoslate 04 Apr 2025
Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029 ... Kendrick wrote. ... I think Bitcoin is one winner I think Avalanche will be another.” Etna upgrade ... ....
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Fed chair Powell signals caution as Trump tariffs loom over inflation outlook

Cryptoslate 04 Apr 2025
Federal Reserve Chair Jerome Powell warned on April 4 that President Donald Trump’s newly announced tariffs are likely to elevate inflation and slow economic growth ... According to Powell. ... He said. ... price stability and maximum employment ... ....
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Bitcoin decoupling from tech stocks indicates new geopolitical use as economic hedge – StanChart

Cryptoslate 04 Apr 2025
Bitcoin (BTC) outperformed most major tech stocks on April 3 and April 4 as markets reeled from steep losses across the so-called “Magnificent Seven” (MAG7) ... “Strongest performers were MSFT and BTC ... Kendrick further argued. ... ....
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Paypal expands crypto offerings with Solana, Chainlink integration

Cryptoslate 04 Apr 2025
PayPal announced plans to allow US users to buy, sell, and transfer Solana (SOL) and Chainlink (LINK) through its core platform and Venmo, marking the latest expansion in the payments giant’s crypto offerings ... Crypto expansion ... ....
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SEC confirms stablecoins are not securities but questions including yield

Cryptoslate 04 Apr 2025
According to the Division, the offer and sale of stablecoins do not involve securities transactions and, therefore, do not require registration under the Securities Act of 1933 or the Securities Exchange Act of 1934 ... Used for payments, not profit ... .
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Brazil’s largest lender becomes latest TradFi institution to consider launching its own stablecoin

Cryptoslate 03 Apr 2025
Brazil’s largest bank, Itaú Unibanco, is considering launching its own stablecoin, making it the latest major traditional financial institution to announce similar plans ... Global trend ... Middle ground ... ....
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Crypto April Fools’ 2025: Greenland acquisition, SBF keynote, and Bitcoin’s Great Poker Restoration

Cryptoslate 02 Apr 2025
In an industry built on bold ideas, broken norms, and a constant stream of innovation, April Fools’ Day is more than a time for pranks; it’s a mirror ... The posts remind us that the crypto community takes its culture just as seriously as its tech ... ....
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Japanese TradFi giant eyes stablecoin launch with Ava Labs, Fireblocks

Cryptoslate 02 Apr 2025
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks ... Japan’s broader digital push ... ....
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Pumpfun launches DeFi lending platform to finance memecoin purchases

Cryptoslate 02 Apr 2025
Pump.fun, the Solana-based launchpad behind a wave of viral token launches, introduced a new onchain lending protocol that lets users borrow crypto to buy memecoins and NFTs ... Buy-Now, Pay-Later ... PumpSwap ... ....
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Trump’s targeted reciprocal tariffs cancel Bitcoin rally, erase the day’s gains

Cryptoslate 02 Apr 2025
US President Donald Trump announced reciprocal tariffs against every country with a trade relationship with the US. Trump said the US would enact varying tariff percentages against each country based on the tariffs they impose on American goods ... ....
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Coinbase CEO urges lawmakers to unlock stablecoin interest for fairer financial access

Cryptoslate 01 Apr 2025
While banks currently offer interest-bearing accounts under long-standing regulatory exemptions, stablecoin issuers face legal uncertainty that prevents them from sharing interest with users without potentially triggering securities laws ... He wrote..
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EU regulators warn crypto deregulation push in the US could fuel global financial risk

Cryptoslate 01 Apr 2025
European financial regulators are warning that rising crypto-asset valuations, driven by expectations of US deregulation under President Donald Trump, could pose a growing threat to global financial stability ... According to the report..Crypto ... .
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Bybit shuts doors on NFT marketplace as interest wanes

Cryptoslate 01 Apr 2025
Bybit announced plans to shut down its NFT Marketplace, Inscription Marketplace, and Initial DEX Offering (IDO) product pages to “streamline offerings and enhance user experience.” ... The closure will take effect on April 8 at 16.00 UTC ... ....
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Circle taps JPMorgan, Citi amid plans to file for IPO by April-end

Cryptoslate 31 Mar 2025
The company, known for issuing the USD Coin (USDC) stablecoin, is expected to submit its IPO paperwork publicly by late April ... The move marks Circle’s return to the public markets after a failed 2021 attempt ... Investor scrutiny ... IPO momentum builds ... ....
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