Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a continuous decline, causing it to hit its l...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Falls Back Below $85K As Treasury Yields Jump Above 5%
TL;DR Bitcoin fell below $85,000 after stronger U.S. business data pushed Treasury yields higher. S&P Global’s flash U.S. Composit...
Payy bridge exploit freezes crypto cards, and no balances remain safe
Payy has frozen its stablecoin payment network, including card transactions, after saying its Ethereum bridge contract was exploit...
Hester Peirce, known as ‘Crypto Mom’, departs SEC effective October 2
Peirce's departure from the SEC may stall crypto-friendly regulatory progress, risking deadlock and prolonged vacancies in the com...
Securitize leads tokenized stocks market cap growth with $251M increase
The rapid growth of tokenized stocks could revolutionize equity markets, offering enhanced liquidity, fractional ownership, and 24...
SEC staff says certain crypto buybacks and staking tokens fall outside securities laws
SEC staff issued new crypto guidance covering token buybacks, staking receipt tokens, marketing and when ongoing network developme...
Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the atta...