News

Elon Musk clarified that the U.S. government has no intention of adopting Dogecoin, despite rumors sparked by the creation of the Department of Government Efficiency (DOGE).

NFT marketplace X2Y2 will shut down its trading platform on April 30 after three years of operation.

Coinbase users have reportedly lost over $46 million to phishing scams in March 2025.

Hedge funds have shed technology stocks at the fastest pace in six months, according to data from Goldman Sachs.

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to announce on Wednesday, which could intensify a global trade war. However, Trump's threats to impose secondary tariffs on Russian oil and to attack Iran fueled supply worries, limiting losses. The White House provided no details about the size and scope of tariffs that it confirmed Trump will impose on Wednesday.

Bitcoin has dropped to $82,100, Ethereum to $1,790, and XRP to $2.13, extending losses alongside U.S. stock futures as investors react to rising trade tensions and inflation concerns.

In Trump's second term, investors have been dismayed to see how much volatility the administration can stomach as it pursues its trade war.

The consumer is in precarious shape ahead of the April 2 tariff date, and any further souring of sentiment could heighten risks to markets.

It was a historically difficult quarter for the EV maker, with tariffs and growing protests over Elon Musk's work with DOGE weighing on sentiment.

Will history repeat one more time? Bitcoin investors hope it does.