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In the first quarter of 2025, Bitcoin holdings among publicly traded companies surged by 16.1%, according to a report from Bitwise. By the end of March, the total Bitcoin held by these firms reached approximately 688,000 BTC, valued at around $57 billion. This increase was driven by the purchase of 95,431 BTC during the quarter. A total of 79 public companies now hold Bitcoin, with 12 of them acquiring the cryptocurrency for the first time in Q1. Notably, the Hong Kong construction firm Ming Shing, through its subsidiary Lead Benefit, emerged as the largest first-time buyer, purchasing 833 BTC. This…

For many investors, this might seem like the worst possible time to invest in Bitcoin (CRYPTO: BTC). After all, Bitcoin is now down nearly 25% from an all-time high of $109,000 in January. And tariff uncertainty and market volatility will continue to weigh heavily on the crypto market for the foreseeable future. But all is not lost. In fact, if history is any guide, now might be the best possible time to add to your Bitcoin position. Here’s why. It’s not an understatement to say that, since President Donald Trump announced Liberation Day on April 2, the global financial markets…

Pakistan dominated the squash courts in Melbourne as sisters Mehwish, Sehrish and Mahnoor Ali advanced to the semi-finals of the Australian Junior Open on Tuesday. Top seed Mehwish is looking to defend her U-17 title after setting up a semi-final with Australian Tina Ma, who won the U-15 title at last year’s edition of the Australian Junior Open. Mehwish won her quarter-final in straight games after dominating Hong Kong’s Maeghan Wang 11-6, 11-3, 11-2 at the Melbourne Sports & Aquatic Centre. Over in the U-15 category, second seed Sehrish will face Olivia van Zon in the semis after thrashing Chelsea…

CNN  —  President Donald Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised. To do so will involve Trump’s continued application of Section 232 of the Trade Expansion Act of 1962, which allows a president to impose tariffs to protect or bolster domestic industries if there are deemed potential national security threats. What used to be a rarely employed trade provision has been a favorite instrument in Trump’s trade tool box during his two terms. The Commerce Department previously launched Section 232 probes into copper and lumber. And earlier…

‘Sell bonds, buy bitcoin,’ proclaimed a popular social media account last week, echoing the sentiments of many crypto advocates who believe that tariff-induced volatility in the U.S. Treasury market – a cornerstone of global finance – has revealed the fragility of the dollar-denominated monetary system. However, institutions are not buying into this narrative. As of Monday, the 11 U.S.-listed spot Bitcoin ETFs, considered a proxy for institutional activity, were on track to register the second-highest cumulative monthly outflow of over $800 million, according to data source SoSoValue. The funds bled a record $3.56 billion in February and $767 million in…

Cryptocurrency exchange Kraken has expanded beyond digital assets to offer U.S. stock and ETF trading, as the company seeks to venture outside of crypto markets. According to the company’s Monday announcement, Kraken has begun rolling out commission-free trading for more than 11,000 listed stocks and ETFs to clients in select states, including New Jersey, Connecticut, Rhode Island and seven others. The company plans to eventually make the offering available to all eligible U.S. clients before expanding to Europe and Australia. This push into traditional markets shows how crypto exchanges are now directly challenging Wall Street firms, as the boundaries between…

Traders work on the floor of the New York Stock Exchange on April 10, 2025.Michael M. Santiago | Getty Images News | Getty ImagesInvestors may feel an impulse to move to cash amid the recent tumult in the stock market. While cash might feel safer than stocks, it can also pose risks for long-term savers, financial advisors say.Cash — like money held in a high-yield bank savings account or a money market fund — is substantially less volatile than stocks over the short term, experts said.But cash has historically delivered lower returns than stocks over the long term. Holding on…

(Bloomberg) — A new cryptocurrency aims to occupy the final frontier of investor safety — cash that doesn’t lose purchasing power to inflation. Most Read from Bloomberg USDi, being launched by two veterans of US inflation-protected and foreign-exchange derivatives, is a dollar tracking stablecoin whose value is determined by the increase in the US consumer price index since December 2024. On April 15, it was $1.00863. Inflation protection in US markets has been available to investors since 1997 via Treasury inflation-protected securities, or TIPS — government bonds whose principal is indexed to the US consumer price index, or CPI. But…

Trading in financial markets feels like dodging a barrage of stones, each demanding constant vigilance and agility. Just as bitcoin (BTC) and traditional risk assets stabilize after last week’s Trump tariff-led panic, unsettling movements in Japanese bonds emerge, throwing a spanner into the mix. The yield on the 30-year Japanese government bonds rose to 2.88% early Tuesday, the highest since 2004, registering a nearly 60 basis point increase in one week, according to data source charting platform TradingView. The yield differential between the 30- and five-year bonds, representing the premium investors demand to hold ultra-long bonds over five-year bonds, has…

(Reuters) – Crypto exchange Binance said it briefly stopped allowing users to withdraw from the platform on Tuesday, due to an issue involving an Amazon Web Services (AWS) data centre, while other crypto exchanges also reported problems. Binance posted on X that withdrawals were suspended “to keep safe”, before posting around ten minutes later that withdrawals had resumed. A spokesperson for Binance said withdrawals were suspended for around 23 minutes. AWS’s service dashboard showed a “connectivity issue” affected its Tokyo cloud region at 1.15 a.m. PDT (0815 GMT). The issue was resolved by 1.51 a.m. PDT (0851 GMT). “The issue…