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President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as Trump … Read more
Salinas revealed details of how much bitcoin exposure he has in his personal portfolio in an interview with Bloomberg and described the cryptocurrency as “the hardest asset in the world.” Ricardo Salinas Doubles Down on Bitcoin, Holds 70% of His Portfolio in BTC Mexico’s third richest man, Ricardo Salinas, chairman and CEO of corporate conglomerate … Read more
David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to ascertain the state of the 200,000 BTC allegedly in possession of government agencies. Calls to Audit … Read more
The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.19 … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and the institution. Latam Insights Encore: IMF to Model … Read more
The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion. Bitcoin, Ethereum, and Solana Suffer Heavy Losses as Sell … Read more
Samson Mow warns that if Trump’s crypto reserve includes random altcoins, it could accelerate market chaos, turning it into speculation rather than a real financial strategy. Samson Mow Analyzes Trump’s Crypto Reserve: Can the President Pick Any Coin? Samson Mow, a prominent bitcoin advocate and CEO of JAN3, voiced skepticism on March 3 on social … Read more
Bitcoin’s market cap will explode from $2 trillion to $200 trillion, Michael Saylor predicts, as capital from China, Russia, Europe, Africa, and Asia fuels its rise. The $200 Trillion Bitcoin Boom: How Global Capital Is Pouring Into Crypto Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, shared his outlook on the … Read more
Coinbase CEO Brian Armstrong advocates for a bitcoin-only U.S. reserve, calling it the simplest option, but suggests a crypto index as an alternative for diversification. Coinbase CEO Calls for Bitcoin-Only US Reserve but Proposes Crypto Index as Plan B Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), shared his thoughts on social media platform … Read more
President Donald Trump’s March 3, 2025, proposal to impose 25% tariffs on imported agricultural goods triggered sharp volatility in cryptocurrency markets, with bitcoin’s price oscillating between $85,101 and $93,695 amid broader financial turbulence. Trump Giveth and Then Taketh Away—All Eyes Are on the U.S. President Trump’s plan, set to take effect April 2, 2025, targets … Read more