NEW ECONOMY

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...

Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7."One would have to imagine that President Donald Trump's phone has been ringing off...

The White House AI and crypto czar David Sacks says Meta’s release of its latest AI model, Llama 4, has pushed the United States into the lead in the global artificial intelligence race.“For the US to win the AI...

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Traders on the Kalshi prediction market place the odds of a US recession in 2025 at 61%, following the sweeping tariff order signed by President Donald Trump on April 2.Kalshi uses the standard criteria of a recession, two business...

Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance to determine whether it still reflects the agency’s current priorities, according to a statement from acting chairman Mark Uyeda, posted on social media platform X.Among...

Solana’s native token SOL (SOL) dropped by 9% between March 28 and April 4, but several key metrics grew during the same period. Despite SOL’s price downturn, the Solana network continues to outpace competitors, maintaining its second-place position in...

Key TakeawaysWith this ruling, Brazilian judges are now permitted to order crypto exchanges to report and block digital assets held by individuals with outstanding debts Brazil has yet to implement a fully developed legal framework for cryptoBrazil’s Superior Court of...

San Francisco Mayor Daniel Lurie wants to bring his city back to its glory days. And he’s convinced tech leaders — who often pitch utopian ideals of their own — can help him deliver.“I’m a mayor that is picking...

The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President...