Global Market Live News
Global financial markets are moving rapidly as economic data and geopolitical events unfold. CoinEdition’s Global Market Live coverage delivers real-time updates on digital assets, along with stocks, oil, and economic data, with a primary focus on digital assets. It tracks key developments influencing the crypto market, including central bank decisions, inflation data, and global risk sentiment. CoinEdition helps you follow not just the headlines, but the bigger picture driving volatility and opportunity across global markets.
Trump Accuses Oil Firms of Gouging
President Donald Trump said he instructed the Justice Department to examine whether major oil companies are failing to lower gasoline prices in line with falling crude costs. He accused firms of “gouging” customers but did not name specific companies. The move adds political pressure on energy markets, with traders watching whether the review leads to enforcement action or remains a public warning.
Long Positions Crushed in $282M Liquidation Wave
Crypto bulls were hit by a major leverage wipeout as over $145 million in ETH longs and $137 million in BTC longs were liquidated within 24 hours. The selloff spilled into altcoins, triggering a broader market-wide liquidation cascade.
Trump Threatens ABC News Lawsuit
Trump threatens to sue ABC News over reflecting pool vandalism claims, doubling down on previous statements. He alleges the network’s reporting is ‚fake news‘. No further details on the potential lawsuit have been disclosed.
Meta Leads $900M Investment in Cred
Meta is leading a $900 million funding round in Indian fintech startup Cred at a valuation above $4 billion. Cred founder Kunal Shah will also join WhatsApp’s leadership team as the company prepares for future growth.
Should Ultra-Rich Pay More Tax?
Senator Elizabeth Warren said billionaires benefit from compounding fortunes while many workers struggle with basic costs, renewing her case for a wealth tax. Peter Schiff responded that higher taxes and government intervention raise costs instead of lowering them. The public exchange reflects a broader divide over whether wealth redistribution or stronger business incentives offer the better path for households and markets.
Starmer Resigns as UK Prime Minister
Keir Starmer announced his resignation as UK Prime Minister and Labour leader after mounting pressure within his party. Andy Burnham is viewed as a leading contender to succeed him, potentially making Britain’s seventh prime minister in a decade.
Pro-Crypto UK Mayor Eyes Next Prime Minister
Greater Manchester Mayor Andy Burnham has emerged as a potential successor to Keir Starmer, drawing attention from crypto watchers because of his past openness to digital asset innovation. Reports suggest Starmer’s possible exit could open a leadership path for Burnham, whose rise would matter for the UK crypto sector as firms watch whether future policy becomes more supportive of blockchain, fintech, and digital finance.
INTERPOL Warns of Rising APAC Scams
INTERPOL warns of increasing phishing, ransomware, and AI scams across the Asia-Pacific region. The agency reports a significant rise in reported incidents. Scammers are targeting individuals and businesses with sophisticated tactics.
Yen Nears 40-Year Dollar Low
USD/JPY climbed above 161.5 as the yen continued to weaken even after the Bank of Japan raised rates to their highest level in decades. The move keeps pressure on Japanese policymakers and revives concerns that carry-trade positioning may be stretched. For crypto markets, yen weakness can support global risk-taking, but a sharp reversal could trigger liquidity stress across leveraged assets.
Court Summons Accused in Unocoin Bitcoin Theft Case
A Karnataka court has summoned hacker Srikrishna Ramesh (Sriki) and others in connection with the 2017 theft of 60.6 Bitcoin from crypto exchange Unocoin. The case involves charges related to hacking, theft, and handling alleged proceeds of crime.