Crypto market faces $950 million in leveraged liquidations as Trump’s tariff threats reintroduce inflation concerns

[ad_1] Key Takeaways The announcement of new tariffs by Trump caused nearly $900 million in leveraged liquidations in the crypto market. Bitcoin and Ethereum prices dropped significantly, triggering major losses among traders.... Read more »

CryptoQuant CEO questions if US will embrace Bitcoin amid dollar dominance concerns

[ad_1] CryptoQuant CEO Ki Young Ju questioned whether the US would need to adopt a Bitcoin standard unless global confidence in the dollar significantly erodes. His remarks come as conversations intensify about... Read more »

US Bitcoin miners face delays as customs hold Bitmain shipments over sanctions concerns

[ad_1] US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov.... Read more »

South Korea investigates Upbit over market dominance concerns

[ad_1] South Korea’s Financial Services Commission (FSC) is set to investigate Upbit, the nation’s largest crypto trading platform, amid concerns about its dominant position in the market, as reported by local media... Read more »

Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

[ad_1] Sky, formerly MakerDAO, decided to remove the usage of Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote concluded on Sept. 19. BA Labs, the former Risk Core Unit,... Read more »

Powell downplays recession concerns amid solid economic growth

[ad_1] Key Takeaways Powell remains confident that the economy will be resilient despite external risks. Inflation nears Fed’s target, prompting a cautious but flexible policy response. Share this article Federal Reserve Chair... Read more »

Lawmaker Flags Concerns Over SEC’s Crypto Approach

[ad_1] Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized... Read more »

Elon Musk volunteers to help cut government overspending amid inflation concerns

[ad_1] Key Takeaways Elon Musk proposes joining a “government efficiency commission” to address US inflation. Musk links government overspending directly to rising inflation and national debt. Share this article Elon Musk volunteered... Read more »

South Korea moves to delay crypto tax until 2028 amid market concerns

[ad_1] South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative... Read more »

Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget

[ad_1] Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees... Read more »