J.P. Morgan has revised its outlook and now anticipates that the European Central Bank (ECB) will implement interest rate cuts at each of its next four consecutive meetings. This would bring the terminal rate—the level at which the ECB is expected to stop cutting rates—down to 1.5%. This shift in forecast is driven by expectations […]
Today, Ripple announced it is acquiring Hidden Road for $1.25B– becoming the first crypto company to own and operate a global, multi-asset prime broker. Together, Ripple and Hidden Road are bringing the promise of digital assets to institutional customers at scale, bridging traditional finance and decentralized finance in ways never seen before. https://ripple.com/ripple-press/ripple-acquires-prime-broker-hidden-road
Ripple announced it is acquiring Hidden Road for $1.25B Read More »
Standard Chartered, a major financial institution, has suggested that Bitcoin could serve as a hedge against tariff risks in the current economic climate. This perspective, articulated by Geoffrey Kendrick, the bank’s global head of digital assets research, ties Bitcoin’s potential role to growing uncertainties, such as those stemming from U.S. isolationist policies and escalating trade
Standard Chartered says, “Bitcoin will become a hedge against tariff risks this time.” Read More »
U.S. Department of Justice has reportedly disbanded its cryptocurrency enforcement unit “effective immediately” in response to an order from President Donald Trump. This move signals a significant shift in the federal approach to digital assets, aligning with Trump’s broader policy to reduce regulatory oversight of the cryptocurrency industry. The decision redirects the DOJ’s focus away
Teucrium Investment Advisors is launching the first-ever XRP ETF in the U.S. today, April 8, 2025, on the NYSE Arca exchange. The ETF, ticker XXRP, offers 2x leveraged exposure, meaning it aims to deliver twice the daily price performance of XRP through the use of swap agreements. This marks a significant milestone as it’s the
Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines permitting licensed virtual asset trading platforms and authorized funds to offer crypto staking services. This move is part of Hong Kong’s ongoing efforts to bolster its position as a leading digital asset hub in Asia. However, the SFC has imposed strict conditions to ensure
HONG KONG NOW ALLOWS CRYPTO STAKING FOR LICENSED PLATFORMS Read More »
As of April 7, 2025, the European Union has expressed its willingness to negotiate a “zero-for-zero” tariff arrangement with the United States. This proposal involves both sides eliminating tariffs on industrial goods, reflecting a desire to de-escalate trade tensions and foster a more cooperative economic relationship. The EU’s stance comes in the context of recent
European Union says it’s ready to discuss zero-for-zero tariffs with the US Read More »
On April 7, 2025, Pakistan’s government announced the appointment of Changpeng Zhao (CZ), the founder of Binance, as a Strategic Advisor to the Pakistan Crypto Council (PCC). This move is seen as a significant step toward integrating cryptocurrency and blockchain technology into Pakistan’s financial ecosystem. CZ, a prominent figure in the global crypto space, is
The post from Donald J. Trump on April 7, 2025, touches on several economic and geopolitical issues, reflecting his perspective on the state of the U.S. economy and international trade. Donald J. Trump: Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO
Trump: “The Fed should cut rates, there is NO INFLATION.” Read More »
The Federal Reserve has scheduled a closed board meeting for today, April 7, 2025, at 11:30 a.m. ET. The purpose of the meeting is to review and determine the advance and discount rates to be charged by the Federal Reserve Banks. These rates are related to the cost of borrowing directly from the Fed’s discount
Federal Reserve announces closed board meeting for today Read More »
