US President Donald Trump’s tariff speech omits crypto, Bitcoin price drops

US President Donald Trump’s tariff speech omits crypto, Bitcoin price drops

On Wednesday, US President Donald Trump announced new tariffs on imports from 50 countries, including the BRICS and the European Union. Also dubbed the ‘Declaration of Economic Independence’, Trump’s prolonged speech declaring reciprocal tariffs had no mention of Bitcoin, blockchain, or even digital assets. Bitcoin (BTC) price, which saw a peak at $110,000 during the […]

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‘Invested all my family’s lifetime savings’: Users panic as Vauld suspends crypto withdrawals

‘Invested all my family’s lifetime savings’: Users panic as Vauld suspends crypto withdrawals

“I have 25 Bitcoin in Vauld. I have invested all my family’s lifetime savings,” John Mayer, 37, a US-based Vauld user told indianexpress.com during a conversation on a social media website. Mayer is among the many investors who are now desperately looking for relief after Vauld, a popular crypto lending platform, suspended its withdrawals and […]

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Crypto markets may pose risks to wider financial stability, ECB warns

Crypto markets may pose risks to wider financial stability, ECB warns

Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two years and financial firms deepen their involvement, the European Central Bank (ECB) said on Tuesday. The crypto market slumped sharply this month after the downfall of major “stablecoin” terraUSD. The crash has led to calls […]

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