Author: James Wilson

U.S. Treasury Secretary Scott Bessent appeared on CNBC’s “Squawk Box” on Monday morning, offering a wide-ranging update on trade negotiations, global capital flows, and the administration’s economic strategy amid intensifying tariff discussions with China. Bessent reiterated on CNBC that while various branches of the U.S. government remain in contact with Chinese officials, it is ultimately up to China to take steps toward a trade de-escalation. He said that while China sells “five times more to us than we sell to them,” Bessent emphasized that the current 125%–145% tariffs are “unsustainable.” As such, the imbalance gives China a greater incentive to…

Bitcoin price rallied above $95,000 on Monday and is hovering at its highest level since February 24 as the recent rally continued. The ongoing Bitcoin (BTC) recovery has been driven by recent optimism surrounding a potential trade deal between the United States and China. Bitcoin and other altcoins also jumped after Trump hinted that he was not going to fire Jerome Powell, the Federal Reserve Chairman. Trump has changed his mind on tariffs and Powell’s firing following recent turmoil in the bond market, driven by bond vigilantes.  Bitcoin now has another major catalyst that could push its price higher over…

Stocks were slightly up at open on Monday ahead of major earnings reports, including for the Magnificent Seven. The market looked to bounce even as tariffs remained a key issue that investors are increasingly seeing as a source of major uncertainty. The S&P 500 opened 0.28% up, while the Dow Jones Industrial Average gained 0.45% and Nasdaq added 0.21%. Across the market, Bitcoin (BTC) was up nearly 2% above $95k and gold +0.3% around $3,307 per ounce.  However, the U.S. Treasury yields also remained high on Monday, with the benchmark 10-year Treasury  yield up 2 basis points to 4.29%. Meanwhile,…

Bitcoin treasury firm Strategy, formerly MicroStrategy, added another 15,355 BTC to its balance sheet over the past week. The company spent about $1.42 billion at an average price of $92,737 per Bitcoin, according to an SEC filing Monday. The purchase brings Strategy’s total Bitcoin (BTC) holdings to 553,555 BTC, worth over $52 billion at Bitcoin’s current price of just above $95,000.  The company’s cumulative average purchase price now stands at $68,459 per Bitcoin, reflecting a total investment of around $37.9 billion, including fees.  Strategy’s holdings account for more than 2.6% of Bitcoin’s fixed 21 million supply. Meanwhile, competition in corporate…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Tron expanding fast, Cardano drawing bullish forecasts, and Lightchain AI redefining blockchain innovation, 2025 could be a game-changing year for crypto investors. The crypto space is buzzing with new developments. Tron is expanding its blockchain ecosystem, Cardano’s price forecasts are drawing interest, and Lightchain AI is emerging as one of the most exciting altcoins to watch. For those seeking significant growth opportunities in 2025, staying informed about these projects is essential. With technology and innovation advancing rapidly, there’s…

XMR’s recent price jump appears more closely tied to the laundering of $330 million in stolen Bitcoin through exchanges than to any major adoption or technology developments. The price of Monero (XMR) unexpectedly surged on Monday, jumping over 50% from $228 to $347, before retracing to $295. While some initially speculated that the increase was tied to positive developments in the privacy coin’s adoption or technology, new evidence suggests the spike may actually be linked to a large money laundering operation. A suspicious transaction involving 3,520 Bitcoin (BTC), valued at approximately $330 million, was flagged by pseudonymous blockchain sleuth ZachXBT,…

PancakeSwap has just unveiled “PancakeSwap Infinity,” a major rebrand and upgrade to its DEX as CAKE price records a slight 3,5% uptick. According to an official announcement, PancakeSwap (CAKE) has rebranded PancakeSwap v4 to PancakeSwap Infinity. Initially launching on BNB Chain, PancakeSwap Infinity plans to expand to other blockchains in the future. The rebrand rolls out with a major upgrade, which introduces several technical improvements intended to improve trading experience and liquidity provision. First off, the update includes support for multiple liquidity pool types, enabling liquidity providers to choose between concentrated liquidity and simpler models based on their strategies. Currently,…

Ripple price prediction leans bullish after recent gains, but is $2.50 the final wall standing between XRP and a return to larger macro trendlines? Ripple rallies amid positive momentum After spending much of April trading within a relatively stable range, Ripple (XRP), the native token of the Ripple network, is beginning to show signs of a steady recovery. As of Apr. 28, XRP is priced around $2.32, reflecting a 7% gain over the past 24 hours.  Over the past week, XRP has climbed about 10%, continuing a gradual rebound from its early April low near $1.64. The token’s trajectory appears…

SIGN, the native token of Sign Protocol, is set to make its debut on Binance today after its token generation event and mainnet launch. In an announcement on April 25, crypto exchange Binance said it will list SIGN on April 28, 2025, at 11:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The tokens will be available across Ethereum, Binance Smart Chain, and Base networks. The TGE for SIGN is scheduled an hour earlier, at 10:00 UTC on the same day. During the event, SIGN tokens will be minted on Ethereum and bridged to other supported networks,…

SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC) as a payment option across Switzerland. SPAR’s crypto payment system is powered by OpenCryptoPay, a platform developed by DFX Swiss, which uses the Bitcoin Lightning Network to enable fast and low-cost transactions. To complete their purchase, shoppers simply scan a static QR code presented by the cashier on checkout. The move follows successful internal trials in two locations — first…