Forex & Cryptocurrency Breaking News

Chiliz made a “strategic exit” from the US market in 2022 due to regulatory uncertainty and the FTX collapse. Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to discuss an investment and reentry into the US crypto market under the crypto-friendly White House and increased push for regulatory clarity surrounding digital assets.According to the meeting request made public by the SEC, Chiliz plans a reentry into the US market around the time of the 2026 FIFA World Cup international football (soccer) tournament. The comeback would be accompanied by a $50 million to $100 million investment in the local market. National Basketball Association and National Football League teams are said to be interested in launching fan tokens if regulatory clarity improves.The meeting with the federal agency was held on April 22 — the same day Chiliz CEO Alexandre Dreyfus shared a photo with Bo…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, publicly listed companies are broadening their crypto reserve strategies to include more tokens; a recent lawsuit from Oregon’s attorney general labels XRP and other digital assets as unregistered securities; and Paul Atkins has officially been sworn in as chair of the US Securities and Exchange Commission (SEC).DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives.According to an April 22 announcement, the company added 88,164 Solana (SOL) to its treasury, worth $11.5 million and bringing its Solana stake to $34.4 million.Read more

The Foundation said an updated software package has already been published to remove the security breach. The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said.On April 22, blockchain security specialist Aikido said in a blog post that XRP Ledger’s open-source JavaScript library was “compromised by sophisticated attackers who put in a backdoor to steal cryptocurrency private keys and gain access to cryptocurrency wallets.” The JavaScript library includes programs enabling developers to interact with the XRP Ledger and is distinct from the blockchain network itself. Read more

Federal Reserve Governor Kugler on transmission of monetary policyTariff increases significantly larger than previously expectedEconomic effects of tariffs and uncertainty likely to be larger than anticipatedSupports holding policy rate steady as long as upside risks to inflation continue, while economic activity and employment remain stableFed policy well-positioned for macroeconomic changesIf financial markets tighten persistently, could weigh on future growthEspecially monitoring upside risks on inflation, downside risks on employmentInflation progress has slowed, remains above 2% goalLabor market solid, broadly in balanceLonger-term inflation expectations largely well-anchored, hopes they remain soFirst-quarter GDP may show moderation vs 2024, but some front-loading of purchases to avoid tariffsTariffs likely to put upward pressure on prices This article was written by Eamonn Sheridan at www.forexlive.com.

The Q1 result from Tesla are here:Tesla earnings: Revenue of $19.335B vs $21.111B expectedCEO Musk as been spending his time at his government job instead of focusing on his vehicle business. The Q1 results are bad, but Q2 could be worse as tariff impacts hit. Musk is, at least, beginning to address the issue, promising to spend less time in his government job and getting back to business. On the Tesla investors’ call, Musk said he will trim down his time spent on DOGE to one or two days a week starting next month. Some positive news for hapless TSLA share holders. Also, some positive news from Trump a few minutes ago. Let’s hope it lasts and is not reversed in his next tweet:Trump backing away from tariffs, backing away from firing Powell – will it last?Trump says he has no plans to Fire Federal Reserve Chair PowellTrump says he…

Trump’s latest comments have been met with ‘cave in’ comments, which, if true, is great news for markets:Trump says he has no plans to Fire Federal Reserve Chair PowellTrump says he is going to be very nice to China, they have to make a dealIts very naive to disregard the risk that he flips again in his next set of comments/tweets. Stay nimble out there, trump has lost credibility with markets due to his acting on impulse, his sudden reversals. This from Trump now is positive, undoubtedly. Go with that for now, but take care. EUR/USD is lower, USD/JPY is higher, AUD benefitting also This article was written by Eamonn Sheridan at www.forexlive.com.

Crypto analyst 589Bull has asserted that the “XRP is dead” narrative is a lie. The analyst went further to reveal the truth and explain why market participants should be bullish on the altcoin, despite the current price action. Why XRP Is Not Dead Despite Current Price Action In an X post, 589Bull stated that the idea that XRP is dead is a lie. Instead, he stated that the truth is that the altcoin is being embedded in the next financial system. The crypto analyst further remarked that Ripple is building the rails, digitizing liquidity using XRP, mapping corridors, and “bleeding retail” so that only institutions, bots, and insiders are positioned.  Related Reading: XRP Vs. Bitcoin: Ripple Drops Bombshell On Which One Is Better In line with this, he advised retail investors not to chase hype, or beg for dates, or flinch as the trick isn’t timing when the switch flips…

Dogecoin (DOGE) is once again breaking out of a textbook falling‑wedge formation, and the analyst who anticipated the memecoin’s last three‑fold explosion thinks the stage is set for an encore. “Breaking crucial area, expecting solid bullish wave in midterm,” World Of Charts (@WorldOfCharts1) told his X followers while sharing a 12‑hour Binance chart. Major Dogecoin Upswing Incoming? He referenced a post from April 13 where he predicted: “Doge: We caught this big move in Oct 2024, Dogecoin went more than 3×. Now again Doge [is] on [the] verge of massive breakout… expecting 3× from here.” The chart shows five months of compression that began when DOGE topped at just under $0.48 in early December. Since then, every rally has stalled beneath a descending resistance trendline, which now cuts through the mid‑$0.155 zone; parallel support currently tracks the $0.14 area after cushioning a pair of capitulation wicks in March and April.…

US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday. The clash between the country’s highest political and monetary leaders shook traditional markets to their core but left crypto surprisingly unscathed. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Stock Markets Plummet After Presidential Remarks American stock indices closed forcefully lower on April 21, with broad losses at major benchmarks. The S&P 500 declined 2.3%, the tech-dominated Nasdaq lost 2.4%, and the Dow Jones Industrial Average plummeted by almost 1,000 points, down 2.4%, based on Google Finance data. JUST NOW: President Trump calls Jerome Powell a “major loser” and demands interest rates lowered “now” pic.twitter.com/rAM7CVmPw2 — Morning Brew ☕️ (@MorningBrew) April 21, 2025 Trump Calls For Rate Cuts And Slams Fed Chair…

The funds still require regulatory approval and Trump Media and Technology Group Corp (TMTG) plans on launching the ETFs later this year. Trump-Branded ‘Truth.Fi’ Crypto ETFs Are Coming Soon President Donald Trump’s family is now branching into investment management after the Trump Media and Technology Group (TMTG) announced on Tuesday, the launch of a suite […]

As digital tokens glittered on Tuesday, equities tethered to the sector followed suit, with Coinbase ending the session up 8.57% and Strategy’s common stock advancing 7.95%. Bitcoin Sits Idle While Its Proxies Sprint: Publicly Traded Miners Chalk up Double‑digit Gains Listed firms linked to the crypto economy rallied sharply on April 22, eclipsing bitcoin’s own […]

A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some […]

The GBP/USD price analysis points to further upside for the pound. Trump is exploring ways to remove Fed Chair Powell from office.  Trump’s aggressive policies have clouded the outlook for the US economy. The GBP/USD price analysis points to further upside for the pound as it rides the recent wave of dollar weakness. The dollar… The post GBP/USD Price Analysis: More Upside as Greenback Falters appeared first on Forex Crunch.

The EUR/USD outlook suggests further weakness for the dollar. The dollar collapsed as Trump continued attacking Powell. Traders await the US and Eurozone PMI figures, due on Wednesday. The EUR/USD outlook suggests further dollar weakness as Trump continues his criticism of Fed Chair Powell. As a result, the euro is holding firm as investors lose… The post EUR/USD Outlook: Trump’s Attacks on Powell Weigh on Dollar appeared first on Forex Crunch.

The EUR/USD outlook indicates further dollar weakness. Reports revealed that the US president plans to fire Fed Chair Jerome Powell. The European Central Bank cut rates last week, leaving room for more. The EUR/USD outlook indicates further dollar weakness after Trump’s threats to fire Fed Chair Powell. Market participants are dumping the greenback and US… The post EUR/USD Outlook: Dollar Takes a Hit as White House Targets Fed appeared first on Forex Crunch.