Cryptocurrencies Grapple with Bitcoin’s Downward Slide

Margin debt across the U.S. has now hit a record $1.02 trillion in July, after rising by $14.6 billion in just one month, according to data from July released by FINRA. That jump followed June’s $87 billion explosion, the biggest monthly increase in margin debt ever recorded. In the last two years, borrowing has increased […]

Ethereum has had a strong run in August, pushing close to $5,000 before cooling off. Right now, ETH is trading around $4,648, and traders are watching closely to see if the momentum continues or if the market takes a breather first. The last 24 hours have brought some interesting shifts in open interest, long and

PANews reported on August 26 that President Trump said on social media that he would take tough measures against countries that implement digital taxes, digital service legislation, or digital market regulations. He accused these policies of being designed to harm or discriminate against American technology companies while giving special treatment to large Chinese technology companies. Trump warned that if these discriminatory policies are not lifted, he will impose additional tariffs on exports from the relevant countries and restrict the export of American technology and chips. He stressed that American technology companies are no longer the world's "piggy bank" or "doormat" and called on all countries to respect the United States and its technology companies, otherwise they will face consequences.