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A Federal Reserve official cautions that global supply chain recovery will take months even if conflicts cease immediately. He expressed deep concern over mounting economic downside risks, highlighting policymakers' close watch on the situation.
Read MorePresident Trump has publicly dismissed Iran's new proposal as unacceptable. The plan covers military, compensation, and Strait of Hormuz management issues. Trump also reiterated pressure on Israel regarding Netanyahu's pardon. The international community is closely watching the developments.
Read MoreIran has proposed a new three-phase negotiation plan. The first phase focuses on a comprehensive ceasefire and port access. The second phase addresses long-term uranium enrichment limits and nuclear material disposal. The third aims at regional security dialogue, alongside demands for sanctions relief and US military withdrawal.
Read MoreHong Kong Financial Secretary Paul Chan forecasts the city's Q1 GDP growth will accelerate beyond Q4's revised 4%, driven by private consumption, exports, and fixed investment. This would mark the strongest quarterly expansion in nearly five years, with official figures due May 5.
Read MoreKB Financial Group has entered a strategic partnership with US crypto investment firm Pantera Capital to expand its digital asset initiatives and enhance blockchain competitiveness. This move accelerates their foray into new financial technologies.
Read MoreUnblockPay, a stablecoin financial services platform, has raised $4.5 million in seed funding led by Prelude, with participation from Plug and Play, Wintermute, and others. The capital will support regulated product development for enterprise stablecoin integration and seamless fiat-to-stablecoin conversions.
Read MoreCrypto card monthly spending surged to $600 million, a 6-fold year-over-year increase. USDT settled 62.5% of transactions, solidifying stablecoins' payment role. 90% of volume flowed through Visa, with Solana and specific platforms showing explosive growth.
Read MoreCash App, founded by billionaire Jack Dorsey, has launched a Bitcoin Proof of Reserves feature, verifying 1:1 backing for user holdings to tens of millions of users. This move is seen as a major step toward transparency, trust, and self-custody standards in the crypto industry.
Read MoreIraq has resumed crude oil exports via Syria's Rabia land crossing after 13 years, sending 70 tankers. This revival of an alternative land route comes amid regional shipping challenges and could reshape energy trade dynamics in the Middle East.
Read MoreEthereum’s Glamsterdam upgrade nears completion, with consensus on a 200M Gas limit floor and successful testing of external builder processes. The upgrade focuses on enhancing security and throughput while preventing state bloat, with multiple client implementations showing stable progress.
Read MoreUsers can now safely interact with the protocol's contracts to withdraw remaining funds. The team is working diligently behind the scenes, though the ongoing investigation limits further details. Updates will be shared with the community when possible.
Read MoreThe founder of Grayscale's parent company highlights that the market previously underestimated Bitcoin's trillion-dollar potential. As awareness grows, the demand for financial privacy is becoming clear, positioning privacy-focused cryptocurrencies for significant growth.
Read MoreAnalyst Markus Thielen notes Bitcoin has consolidated above key moving averages, signaling bullish short- and mid-term trends. Sustained institutional buying and positive macro signals bolster confidence. High BTC dominance lays groundwork for select altcoin accumulation, with privacy coins and RWA infrastructure highlighted.
Read MoreIran's Foreign Ministry confirms receipt of a U.S. response to its 14-point plan, delivered via Pakistan. Tehran states it is now carefully studying the reply, marking a new phase in the delicate diplomatic engagement between the two nations.
Read MoreIran confirms receiving a US response to its 14-point peace proposal via diplomatic channels, with Tehran now reviewing the details. The plan seeks a comprehensive ceasefire within 30 days, including on all conflict fronts such as Lebanon. Both sides state nuclear talks are not currently underway.
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