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Schiff stated that he was sending a letter to the White House to determine whether there was ongoing insider trading by individuals aware of the tariff pause measure enacted by the Trump Administration. He urged whistleblowers to come forward with any information on this matter. Senator Adam Schiff Opens Investigation Into Insider Trading Allegations Adam … Read more
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump finalized a significant regulatory rollback Thursday by signing H.J.Res.25 into law at the White House, officially overturning … Read more
The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.04% on Thursday in the wake of … Read more
The U.S. inflation rate notably slipped in March, bringing the 12-month inflation rate down to 2.4% from its February standing of 2.8%. This development arrives in advance of the May Federal Reserve meeting and coincides with President Donald Trump’s announcement this week of a 90-day suspension of some tariffs. U.S. Inflation Rate Cools, Bitcoin and … Read more
As detailed in a Bloomberg report, President Donald Trump has petitioned the Supreme Court to authorize the dismissal of senior figures within two autonomous federal agencies. The report posits that such a move might carve a legal pathway for Trump to oust Federal Reserve Chair Jerome Powell, challenging long-standing norms insulating the central bank from … Read more
Bitcoin‘s price climbed to $83,565 on April 9, following a decision by U.S. President Donald Trump to temporarily halt a series of sweeping tariffs for 90 days. The rapid price climb triggered $592.05 million in liquidations across crypto derivatives markets in the past day, with $373.46 million of that stemming from short positions. As of … Read more
Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior to U.S. President Donald Trump pausing tariffs for 90 days on Wednesday afternoon. O’Leary Calls for Maximum Pressure on China Canadian … Read more
Wall Street rebounded sharply on April 9 after President Donald Trump announced a 90-day pause on tariffs, temporarily easing trade tensions. Bitcoin roared past the $82,000 range at 1:50 p.m. Eastern Time on Wednesday. Trump’s Temporary Tariff Freeze Lifts Wall Street and Crypto The S&P 500 jumped over 7.6%, the Dow Jones Industrial Average climbed … Read more
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financial … Read more
U.S. President Donald Trump accused Beijing of currency manipulation to offset tariff impacts, warning that the practice may backfire on the oil-importing Asian nation. Offshore Yuan Falls to 7.42 per Dollar With just hours before the United States’ latest retaliatory tariffs against China were set to take effect, U.S. President Donald Trump accused Beijing of … Read more
