Binance and KuCoin go down due to AWS data center outage

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Binance and KuCoin, two major cryptocurrency exchanges, experienced a significant outage on April 15, 2025, due to an Amazon Web Services (AWS) data center failure, disrupting trading activities and prompting Binance to suspend withdrawals to protect user funds. This incident echoes past AWS-related disruptions, such as the 2021 outage that affected Binance, KuCoin, and other […]

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SWEDISH MP CALLS FOR NATIONAL STRATEGIC BITCOIN RESERVE REVIEW

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Swedish MP Rickard Nordin proposed a strategic Bitcoin reserve, suggesting the government retain confiscated Bitcoin instead of selling it, citing its potential as an inflation hedge similar to gold. The proposal, submitted as a written inquiry to Finance Minister Elisabeth Svantesson, reflects growing global interest in Bitcoin as a reserve asset, with the U.S. also

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VISA IS JOINING THE GLOBAL DOLLAR NETWORK (USDG), A STABLECOIN GROUP LED BY PAXOS, ALONGSIDE ROBINHOOD, KRAKEN, AND GALAXY DIGITAL

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Visa has partnered with the Global Dollar Network (USDG), a stablecoin initiative led by Paxos, joining major crypto players like Robinhood, Kraken, and Galaxy Digital to enhance global crypto adoption through a regulated, US dollar-pegged stablecoin. USDG, issued by Paxos in Singapore, aligns with the Monetary Authority of Singapore’s upcoming stablecoin framework, offering seamless, low-cost,

VISA IS JOINING THE GLOBAL DOLLAR NETWORK (USDG), A STABLECOIN GROUP LED BY PAXOS, ALONGSIDE ROBINHOOD, KRAKEN, AND GALAXY DIGITAL Read More »

Strategy just bought more Bitcoin!

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Strategy, led by Michael Saylor, has been aggressively stacking Bitcoin. Based on recent reports, they acquired 3,459 BTC for $285.8 million, bringing their total holdings to over 531,644 BTC—roughly 2.5% of Bitcoin’s total supply. This move comes after a Q1 2025 buying spree of 80,715 BTC for $7.69 billion, despite unrealized losses of $5.91 billion

Strategy just bought more Bitcoin! Read More »

Commerce Secretary Lutnick says he’s “completely confident” President Trump and China will work out a new trade deal

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Commerce Secretary Howard Lutnick’s statement about being “completely confident” in a new trade deal between President Trump and China reflects optimism amid ongoing trade tensions. The U.S. and China have been engaged in a tit-for-tat tariff escalation, with U.S. tariffs on Chinese goods reaching 145% and China responding with 125% tariffs on U.S. imports. Despite

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Bitcoin on exchanges is plummeting. Did anyone say SUPPLY SHOCK?!

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The X post by QuintenFrancois highlights a significant drop in Bitcoin exchange reserves, from 3.2 million BTC in 2022 to around 2 million BTC by early 2025, as shown in the CryptoQuant chart, signaling a potential supply shock that could drive prices higher due to reduced sell-side liquidity. This trend aligns with historical data; for

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Еl Salvador’s President Nayib Bukele lands in the U.S. ahead of his scheduled meeting with President Trump at the White House on Monday. Will they talk about Bitcoin?

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El Salvador’s President Nayib Bukele and U.S. President Donald Trump, both vocal Bitcoin supporters, are likely to discuss the cryptocurrency during their April 14, 2025, White House meeting, though no official agenda confirms this. Bukele pioneered Bitcoin as legal tender in El Salvador in 2021, building a national reserve of over 6,130 BTC, currently worth

Еl Salvador’s President Nayib Bukele lands in the U.S. ahead of his scheduled meeting with President Trump at the White House on Monday. Will they talk about Bitcoin? Read More »

The latest year-over-year Producer Price Index (PPI) data for the United States, covering March 2025, shows a decrease to 2.8% from 3.2%

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The latest year-over-year Producer Price Index (PPI) data for the United States, covering March 2025, shows a decrease to 2.8% from 3.2% in February 2025. This marks a slowdown in the annual rate of producer price inflation.

The latest year-over-year Producer Price Index (PPI) data for the United States, covering March 2025, shows a decrease to 2.8% from 3.2% Read More »