BUSINESS|FIAT|MARKET|REGULATION Updates
Former Celsius CEO Alex Mashinsky Handed 12-Year Prison Sentence For Multi-Billion-Dollar Crypto Fraud
Alex Mashinsky, founder of the collapsed crypto lender Celsius Network , was slapped with a 12-year prison sentence on May 8 for crypto-related fraud. Mashinsky’s legal team sought a light prison sent...
Meta Explores Stablecoin Integration as US Senate Blocks Key Crypto Bill
The push for stablecoins in the United States is advancing on two divergent fronts. On one hand, tech giant Meta is reportedly exploring the integration of stablecoin payments into its platforms after...
London market seemingly unhappy about the new US-UK trade deal
On Thursday, the United Kingdom became the first country to seal a trade deal with the US, with the UK’s FTSE 100 closing lower following the announcement of the agreement. Wall Street investors were ...
Bitcoin price prediction 2025-2031: Will BTC hit $150k soon?
Key takeaways : Bitcoin price faces strong buying demand above $100K. Our Bitcoin price prediction expects BTC’s price to reach $160K by the end of 2025 due to the bullish sentiment following the halv...
Economist Nouriel Roubini Assesses the US Economy, Interest Rate Cuts, and Tariffs – What to Expect?
Economist Nouriel Roubini made remarkable statements about the future of the US economy. Roubini, a senior advisor at Hudson Bay Capital, said technological advances would offset the impact of trade t...
Bank of England slashes rates to 4.25% as tariffs threaten growth
The Bank of England (BoE) has reduced its benchmark interest rate by 0.25 percentage points to 4.25% . This is the central bank’s first rate cut of the year and comes amid growing concerns about globa...
Urgent Call: Korean Won Stablecoin Proposed to Safeguard South Korea’s Economy
A significant development is stirring in the South Korean political landscape, directly impacting the future of its digital economy. Lee Jae-myung, a prominent figure and the presidential candidate fr...
India is finalizing a trade deal with Trump, but it’ll cost it an economic arm and a leg
India is on the verge of signing a major trade agreement with US President Donald Trump, but behind the shiny headlines lies the blunt reality—this deal could slice straight through India’s long-prote...
Why is the crypto market up today?
Key takeaways: The crypto market is up 2.5% on May 8, with its capitalization above $3 trillion for the first time in over eight weeks. Fed's steady rates and stagflation fears boost Bitcoin as a stor...
Arizona Bitcoin Law Establishes State Digital Assets Reserve: A Pioneering Move
In a significant development signaling growing interest in digital assets at the state level, Arizona Governor Katie Hobbs has signed into law a bill creating a State Digital Asset Reserve Fund . This...
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