Joseph Rees

Bitcoin Drops 7% as Wall Street Futures Slide Before Monday’s Open

Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures markets as the Dow Jones Industrial average plunged more than 1,500 points. Dow Tanks 1,500 Points; Bitcoin Sinks as Economic Anxiety Spreads Between 5 p.m. and 8…

Latam Insights: Largest Latam Bank Mulls Stablecoin, Brazil Bans Retirement Funds From Investing in Crypto

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Itau reveals it is considering launching its own stablecoin, Brazil bans retirement funds from investing…

Bitcoin Struggles Below $80K as Weekend Sell-Off Wipes Out $160B in Value 

While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin’s Sunday Decline Triggers Deep Losses Across Digital…

BTC Slips to $78.6K in Major Sunday Drop

By 3 p.m. ET on April 6, 2025, bitcoin ( BTC) had dipped further to $78,639, deepening its retreat from recent peaks and indicating a market still gripped by caution. This added pullback builds on the morning’s downturn, hinting at…

Explained – Bitcoin-based Decentralized Finance (BTCFi)

Introduction Bitcoin-based decentralized finance (BTCFi) is growing very fast in popularity, and now it’s no longer like an exciting dream. In the last few years, the total value locked price increased by approximately 2400 percent; its initial value was 0.3…

XRP Price Watch: Volume Divergence Undermines Recovery Hopes

XRP holds steady at $2.05, with a market capitalization of $119 billion and a 24-hour trading volume of $1.87 billion. Over the past day, it has fluctuated between $2.05 and $2.16, while the weekly range spans from $1.97 to $2.19….

Arthur Hayes Highlights Shift to Gold and Bitcoin Following Trump’s New Trade Order

Hayes stated that countries would shift from U.S. treasuries and stocks toward gold and bitcoin as “neutral” hedges as part of an adaptation process to pre-1971 trade relationships. Arthur Hayes States Gold and Bitcoin Will Be the Best Hedges in…

Genius Group’s Bitcoin Treasury Plan Halted by U.S. Court

Genius Group, the Singapore-based educational technology company that adopted a bitcoin treasury plan, is facing a major financial and legal crisis after a U.S. court blocked it from raising funds, issuing shares or buying more bitcoin. That decision has inevitably…

Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review

Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs….

Elon Musk Advocates for Free Trade Zone Between EU and US

Elon Musk expressed his vision for a future of unrestricted trade between the United States and Europe during a video-link address at a congress in Florence, Italy. His comments came after U.S. President Donald Trump announced a 20% tariff on…