No Winners in Global Trade War, But Bitcoin Could Benefit: Analyst Take
A major global trade conflict might hurt economies across the board—but Bitcoin could emerge stronger because of it, according to Bitwise analyst Jeff Park. Park believes that former U.S. President Donald Trump’s trade strategies, if revived, could ignite macroeconomic chaos and trigger short-lived financial crises worldwide. This instability, he suggests, could drive more people and […]
US Recession Risk in 2025 Rises Above 61%, Say Traders on Kalshi
The likelihood of a U.S. recession in 2025 has climbed to over 61%, according to traders on the Kalshi prediction market. This surge in pessimism follows a sweeping tariff policy enacted by President Donald Trump on April 2. Kalshi bases its recession criteria on the standard definition—two consecutive quarters of negative GDP growth, as reported […]
Close to 400,000 FTX Users Risk Missing Out on $2.5 Billion in Payouts
Hundreds of thousands of users tied to the collapsed crypto exchange FTX could lose access to a combined $2.5 billion in repayments due to incomplete identity verification. As of April 2, around 392,000 FTX claimants had not initiated the Know Your Customer (KYC) verification process, according to a filing from the U.S. Bankruptcy Court in […]