Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]
The post Trump’s CEO-filled China visit can decide whether Bitcoin’s $80,000 risk rally survives this week appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on Bitcoin is hovering just below $80,000 as President Donald Trump arrives in Beijing for a high-stakes meeting with Chinese leader Xi Jinping, turning the visit into a live test of whether the crypto market’s latest risk rally has enough support to survive a difficult macro week. The trip comes as traders are already contending with hotter inflation data, rising Treasury yields, and a Bitcoin rally that has leaned heavily on derivatives positioning rather than deep spot demand. That combination has left the market unusually sensitive to headlines from Beijing, where any shift in trade, technology, or supply-chain policy could quickly feed through global risk assets. For Bitcoin, the China visit is less about direct digital-asset policy than the broader market signal it sends. A constructive meeting could ease fears
The Iran conflict's strain on energy markets underscores the urgency for global energy diplomacy and a shift towards renewable resources.
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The summit's potential farm deal could temporarily boost US agriculture, but China's shifting demand and supplier diversification pose long-term challenges.
The post Xi-Trump summit may yield farm deal as China limits soybean imports appeared first on Crypto Briefing.
Reviving US energy exports to China could stabilize bilateral trade relations, but China's strategic flexibility may limit tangible outcomes.
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The post Kraken Exchange Revenue Triples as IPO Plans Advance appeared on BitcoinEthereumNews.com.
Terrill Dicki
May 13, 2026 05:10
Kraken’s revenue tripled to $2.2B in 2025, fueled by trading volume and acquisitions, as the exchange nears its US IPO launch.
Kraken, one of the largest cryptocurrency exchanges in the U.S., is gearing up for a public listing while reporting significant financial growth. The exchange’s adjusted revenue soared from $0.7 billion in 2023 to $2.2 billion in 2025, with $531 million in EBITDA last year, according to a new report. This growth has been driven by a combination of surging trading volumes and aggressive acquisitions. Kraken averaged $1.07 billion in monthly spot trading volume during the first four months of 2026, with weekdays seeing significantly higher activity than weekends. Perpetual futures trading lagged behind, averaging $0.68 billion monthly over the same period. February 5, 2026, marked a standout trading day as Bitcoin p
Raoul Pal’s AI supercycle thesis says macro policy now bends around the AI capex build. Dollar, yields, oil, and Beijing are all downstream of one objective. The official readouts from this week’s Bessent trip to Tokyo, Seoul, and Beijing were muted. Per macro investor Raoul Pal on X, that was by design. Pal, posting as […]
The post Five Months to Change Everything: The AI Supercycle Takeover of Global Finance appeared first on Live Bitcoin News.
Suspending the federal gas tax could offer minor consumer relief but risks underfunding crucial infrastructure projects, impacting long-term growth.
The post Trump proposes temporary suspension of federal gas tax amid rising fuel prices due to Iran war appeared first on Crypto Briefing.