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April 12, 2025
Tech executives and investors feared the effect of sweeping tariffs impacting tech products at multiple stages of the supply chain. United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US...
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The disconnect between Asia’s crypto liquidity hubs and US capital markets has hindered institutional adoption of digital assets. Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates...
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A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes. An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large...
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Former Binance CEO Changpeng Zhao denied reports that he agreed to testify against Justin Sun, calling the WSJ story baseless and politically motivated. Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department...
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Bitcoin’s “parallel” thesis remains intact despite global trade concerns, projecting a Bitcoin price above $1.8 million during the next decade. Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained. Speaking...
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Two ETFs designed for shorting Ether with 2x leveraged have been 2025’s top performers so far, according to Bloomberg Intelligence analysts. Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether...
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Justin Sun cast doubt on the rumors, stating that he has “full trust” in the US Department of Justice and Changpeng “CZ” Zhao. Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao following reports alleging that Zhao provided evidence against him as part of his plea...
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Acting SEC Chair Mark Uyeda encouraged crypto market participants to share “where exemptive relief may be appropriate.” A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief...
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The SEC and Binance have recently had “productive discussions” in their nearly two-year legal battle, a court filing says. The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties...
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The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States. Regulators in Pakistan have proposed a regulatory framework for digital assets that is compliance-focused, in accordance with rules laid out by the Financial Action Task Force (FATF), the supranational organization that polices finance for money laundering, The Express Tribune reported....
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