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Elon Musk continues to hold a powerful yet increasingly complicated position in China as Tesla faces growing pressure from local electric vehicle manufacturers and tighter scrutiny from Chinese regula

Elon Musk continues to hold a powerful yet increasingly complicated position in China as Tesla faces growing pressure from local electric vehicle manufacturers and tighter scrutiny from Chinese regulators. Despite occasional criticism and political tensions surrounding his business empire, Musk remains one of the most influential foreign tech leaders in the country. Musk recently joined a group of top American executives accompanying U.S.
President Donald Trump to Beijing for high-level meetings with Chinese President Xi Jinping. During the visit, Musk stated that he hopes to achieve "many good things" in China, highlighting the importance of the market to Tesla's future growth. China remains one of Tesla's biggest markets, accounting for roughly 20% of the company's annual revenue. Tesla sold approximately 626,000 vehicles in China last year, making it one of the country's leading electric vehicle brands. Industry experts say Tesla's battery innovation, autonomous driving technology, and software-focused vehicle design continue to influence many Chinese automakers.Chinese EV brands such as Chery have openly acknowledged Tesla as a major inspiration. However, local manufacturers are rapidly narrowing the technology gap while competing aggressively on pricing and innovation. Analysts believe this could eventually weaken Musk's dominance and popularity in the Chinese market.At the same time, some aspects of Musk's business operations have raised concerns in Beijing.
SpaceX and its Starlink satellite network have attracted attention from Chinese military researchers, especially due to their strategic role in global communications and geopolitical conflicts. Although Tesla has previously faced backlash in China over customer complaints and vehicle security concerns, Musk still enjoys significant popularity on Chinese social media platforms. Man

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HTXSquare: Global Markets After Trump China Visit

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Elon Musk continues to hold a powerful yet increas

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenVietnam’s economic growth is projected to ease to 6.8% in 2026 after the co

Vietnam’s economic growth is projected to ease to 6.8% in 2026 after the country recorded a strong 8% expansion last year, according to the latest assessment released by the World Bank on Friday. Despite the slower pace, the organization emphasized that Vietnam’s economy continues to show resilience and remains one of the strongest performers in Southeast Asia.The World Bank noted that Vietnam’s economic outlook is still positive due to strong exports, rising foreign investment, and continued manufacturing activity. However, the institution also warned that several short-term risks could affect growth momentum in the coming months. Global economic uncertainty, weaker external demand, inflation pressures, and geopolitical tensions remain key concerns for policymakers and investors monitoring the Vietnamese economy.Vietnam has emerged as an important manufacturing and export hub in Asia, attracting multinational companies seeking alternatives in global supply chains. The country has benefited from steady foreign direct investment, competitive labor costs, and expanding trade partnerships. Analysts believe these factors will continue supporting long-term economic development even as growth moderates from last year’s exceptional performance.The World Bank also highlighted the importance of maintaining economic reforms, improving infrastructure, and strengthening financial stability to sustain future growth. Experts say Vietnam must continue investing in innovation, digital transformation, and workforce development to remain competitive in the regional market.Although economic growth is expected to slow compared to 2025, Vietnam is still forecast to outperform many economies in the region. Investors and businesses continue to view the country as an attractive destination for trade, manufacturing, and long-term investment opportunities.Vietnam

Vietnam’s economic growth is projected to ease to

HTX Creation Challenge — Post and Win 1,500U 💥Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at $80K—Up or Down? BlackRock offloads large amount of Bitcoin Bitcoin drops below $80,000 Advertise

BlackRock offloads large amount of Bitcoin Bitcoin drops below $80,000 Advertisement BlackRock has continued to sell Bitcoin consistently this week as the leading cryptocurrency puts a hold on its recent price rally, causing its price to remain steady around the $80,000 mark. This appears to have triggered a broader drawdown in institutional interests as the broad ETF market focusing on Bitcoin, Ethereum and other Altcoins, have noted significant withdrawals on most trading sessions.BlackRock offloads large amount of Bitcoin Amid the rapid slowdown in institutional demand, the Bitcoin ETFs have just recorded a massive $635 million in outflow during their last trading session. HOT Stories Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review Schwartz: Ripple Doesn't Control Consensus This marks the largest single-day outflow seen this week. This has reduced the cumulative net flow achieved so far to $58.50 billion as of May 13. Advertisement Following the negative performance seen in the Bitcoin ETF market, BlackRock being a major player in the market has made a huge deposit of $287 million worth of Bitcoin

BlackRock offloads large amount of Bitcoin Bitcoin

MEGA: Real-Time Execution Layer for Ethereum

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenThe sharp move highlights ongoing instability in global currency markets as

The sharp move highlights ongoing instability in global currency markets as traders adjust positions amid shifting expectations around monetary policy divergence between the United States and Japan. Summary The U.S. dollar fell sharply against the Japanese yen, briefly dropping more than 70 points. USD/JPY touched a low of 157.57 before rebounding to around 157.81. Currency volatility is adding a new macro layer for crypto traders already focused on Bitcoin near $80,000. The U.S. dollar briefly weakened against the Japanese yen on Wednesday, with USD/JPY plunging more than 70 points in short-term trading before stabilizing. According to ChainCatcher, the pair fell to a low of 157.57 before rebounding slightly to 157.81, reflecting heightened volatility in major FX markets. The yen’s sudden strength, even if temporary, underscores how sensitive FX markets remain to liquidity changes and macro positioning flows. While the move was relatively contained in broader historical terms, it has added another layer of uncertainty for global risk assets, including cryptocurrencies, which often react to shifts in liquidity conditions and cross-border capital flows. FX volatility adds pressure to crypto markets Currency fluctuations like the USD/JPY swing often matter for crypto because they reflect broader shifts in global liquidity and risk sentiment. A stronger yen can signal tightening conditions or position unwinds in carry trades, both of which can spill over into assets like Bitcoin and Ethereum. In a previous crypto.news story, Bitcoin recently reclaimed the $80,000 level as traders debated whether momentum could hold amid mixed macro signals. FX volatility adds another variable to that equation, particularly as crypto markets increasingly trade in sync with global macro assets. At the same time, equities remain a key reference point for crypt

The sharp move highlights ongoing instability in g

HTX Creation Challenge — Post and Win 1,500U 💥Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at $80K—Up or Down? Bitcoin Price Prediction: $82,750 Could Trigger BTC Rally Bitcoin is trying to h

Bitcoin Price Prediction: $82,750 Could Trigger BTC Rally

Bitcoin is trying to hold its reclaimed Bull Market Support Band after last week's breakout. At the same time, $BTC needs a move above $82,750 to confirm stronger upside momentum.

Bitcoin Retests Bull Market Support Band After Weekly Breakout

Bitcoin is retesting the Bull Market Support Band after moving above it last week, according to the $BTC weekly chart shared by Daan Crypto Trades.

The chart shows $BTC trading around the $81,000 area, close to the support band marked between roughly $75,900 and $79,000. This zone now matters because Bitcoin recently reclaimed it after spending several weeks below it.

Bitcoin Price Prediction: $82,750 Could Trigger BT

The public acknowledgment by Charles Hoskinson, who described the XRPL architecture as "very elegant," sparked new debates about the network's actual decentralization. Ripple CTO Emeritus David Schwar

Ripple CTO Emeritus Details Hidden Tech Keeping XRP Safe From Big Money

the cryptocurrency market. The latest development is that Thorchain ($RUNE) has been attacked. According to recent news, a critical claim has emerged regarding THORChain, stating that the protocol may

the cryptocurrency market. The latest development is that Thorchain ($RUNE) has been attacked.

According to recent news, a critical claim has emerged regarding THORChain, stating that the protocol may have been attacked on Bitcoin ($BTC), Ethereum ($ETH), $BNB Chain, and Base networks.

The potential loss is estimated at $10 million.

According to a post by blockchain company Cyvers Alert, the stolen funds include: “USDT, USDC, WBTC, DAI, THOR, LUSD, XRUNE, GUSD, AAVE, LINK, FOX, etc.”

All stolen funds are being converted to Ethereum ($ETH) and consolidated into a single address.

PeckShieldAlert stated in its post that approximately $10 million worth of cryptocurrency was stolen from THORChain. This includes 36.75 $BTC ($3 million) and assets worth approximately $7 million from BNBChain, Ethereum, and Ba

General Tensor acquires Backprop Finance, consolidating DeFi activity on Bittensor Grab Your Share of the 300 USDT Prize Pool!Everything Can Be HuobaoHTX Creation Challenge — Post and Win 1,500U 💥 Gen

General Tensor acquires Backprop Finance, consolidating DeFi activity on Bittensor




General Tensor, a core infrastructure developer within the Bittensor ($TAO) decentralized AI ecosystem, has acquired Backprop Finance, a leading decentralized exchange (DEX) and DeFi hub built on the $TAO network. The acquisition, first reported by Business Insider, marks a significant consolidation of liquidity and trading activity within the Bittensor ecosystem.



General Tensor acquires Backprop Finance, consolid

The U.S. stock market is getting close to dot-com bubble peak valuationGrab Your Share of the 300 USDT Prize Pool!Everything Can Be HuobaoHTX Creation Challenge — Post and Win 1,500U 💥 U.S. stocks are

The U.S. stock market is getting close to dot-com bubble peak valuation



U.S. stocks are trading at valuations close to dot-com bubble extremes, a period that ended in a sharp market collapse in 2000.

A cyclically adjusted price-to-earnings ratio measure known as the Shiller P/E ratio rose as high as 42.18 this month, just below the 44.19 observed at the height of the dot-com era that marked the growth of internet companies based on the then-nascent worldwide web.

The S&P 500 slumped 50% between March 2000 and October 2002, and did not regain its peak until 2007. The ratio — which smooths short-term profit swings to provide a long-term picture — suggests that U.S. equities, led by mega-cap technology stocks benefiting from the artificial intelligence boom, are now trading at their richest valuations in over 25 years.



The U.S. stock market is getting close to dot-com

altcoins have faced sharp declines since October. While these declines have given way to an upward trend in recent weeks, these drops have caused significant losses for both individual and institution

altcoins have faced sharp declines since October. While these declines have given way to an upward trend in recent weeks, these drops have caused significant losses for both individual and institutional investors.

At this point, as companies are reporting losses one after another, Bit Digital, a giant traded on Nasdaq, also announced a net loss of $146.7 million in the first quarter due to the decline in cryptocurrency prices.

Bit Digital (BTBT), a Nasdaq-listed company heavily invested in Ethereum, reported decreased revenue and a net loss in the first quarter of this year.

According to The Block, Bit Digital reported total revenue of $27.9 million in the first quarter. This figure represents a 13.6% decrease compared to the fourth quarter of 2025.

In addition, the company reported a net loss of $146.7 million in the first quarter. This figure represents a better performance compared to the net loss of $185.3 million in the previous quarter.

This decline in company revenue is attributed to a decrease in revenue from cloud services, Ethereum ($ETH) staking, and cryptocurrency mining.

According to the published report, the company’s $ETH staking revenue decreased by 29.4% to $2.3 million, cryptocurrency mining revenue decreased by 32.9% to $3.7 million, and cloud service revenue decreased by 13.1% to $16.8 million.

Specifically, Bit Digital noted that revenue from $ETH staking decreased by 29.4% compared to the previous quarter, falling to $2.3 million. This decline is attributed to the decrease in $ETH prices and locally staked balances. However, the company stated that approximately 70,000 $ETH remains staked to maintain treasury flexibility.

As you may recall, in June 2025, Bit Digital announced that it would begin transitioning from Bitcoin mining to Ethereum staking and treasury strategy.

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