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 »
On April 7, 2025, Hong Kong’s Hang Seng Index closed down 13.2%, marking its most significant single-day decline since the 1997 Asian financial crisis. This sharp drop was largely driven by escalating trade tensions between the U.S. and China, following China’s retaliatory tariffs in response to U.S. levies imposed under President Donald Trump. The sell-off
Hong Kong’s stocks close down 13.2%, the WORST drop since 1997 Read More »
The Taiwan stock market has halted trading due to a circuit breaker being triggered. This occurred after the benchmark index plummeted nearly 10% at the opening of the first trading session following a two-day market holiday. The sharp decline was largely attributed to new import tariffs announced by U.S. President Donald Trump the previous week,
Taiwan stock market trading halted, circuit breaker triggered Read More »
As of today, April 7, 2025, reports indicate that Japanese Prime Minister Shigeru Ishiba has expressed readiness to visit the United States to discuss tariff issues with President Trump. This follows Trump’s implementation of significant tariffs on Japanese imports, including a 24% reciprocal tariff and a 25% tariff on automobiles, which have impacted Japan’s economy,
India is actively working to negotiate a new and balanced trade deal with the United States to mitigate the impact of President Donald Trump’s proposed tariffs. As of April 6, 2025, these tariffs, which include a baseline 10% levy on all imports and higher reciprocal rates—such as 26% on Indian goods—aim to address perceived trade
