Articles

  • 2 days ago | cryptopolitan.com | Jai Hamid

    Coinbase is getting pulled into the core of traditional finance. On Monday, the company was picked to join the S&P 500, replacing Discover Financial Services in the index. And its mission is to take over Wall Street. The change will go live before the opening bell on May 19, and the move immediately triggered an 8% jump in extended trading for the crypto exchange’s stock. The announcement came as Discover is being acquired by Capital One Financial.

  • 2 days ago | cryptopolitan.com | Jai Hamid

    Donald Trump told reporters at the White House on Monday that the U.S. and China had agreed to a fresh deal that he called a “total reset” in trade. The press conference came after a weekend of meetings in Geneva, where American and Chinese officials agreed to cut tariffs and ease tensions for the next 90 days. Trump said Beijing had “agreed to open” but made clear the agreement still needed to be finalized.

  • 2 days ago | cryptopolitan.com | Jai Hamid

    XRP just shoved its way back into the top three, knocking Tether down a notch after a brutal 10% jump that started early Monday morning. The price shot up from $2.35 to $2.65 in just hours, recovering hard after a Sunday dip. At press time, XRP sat at $2.57, still up over 9% in 24 hours and 22% on the week, per data from CoinGecko. The rally lifted its market cap to $151 billion, pushing past Tether’s $149.9 billion and taking back the third spot behind Bitcoin and Ethereum.

  • 2 days ago | cryptopolitan.com | Jai Hamid

    President Donald Trump is flying into Riyadh to make money, but Mohammed bin Salman isn’t just waiting with open arms. The Saudi crown prince has his own priorities, and they’re not the same as the American president’s. The two men plan to use their connection to strike deals, but their agendas are clashing. Trump wants business and image. MBS wants power and leverage. Back in 2017, a snowstorm changed everything. MBS was supposed to just meet Trump briefly in Washington.

  • 3 days ago | cryptopolitan.com | Jai Hamid

    Bitcoin just hit $105,000 for the first time in three months, kicking the crypto market back into full gear. This jump came after news broke about a 90-day truce in the US-China trade war, with both sides agreeing to reduce some tariffs. Traders immediately started buying risk assets. The reaction was fast. Ether moved up by 4% to hit $2,596, and XRP jumped by 3% to trade at $2.44. Solana (SOL) climbed by 3.2% to $179, while BNB moved up more quietly with a 1.1% rise to $665.

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