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Bitcoin ( BTC) experienced a swift and pronounced decline hours after U.S. President Donald Trump unveiled new tariff measures, collapsing to an intraday floor of $82,352 by 7:15 p.m. ET. Trump’s Tariff Tremors Traders swiftly mobilized, engaging in a high-stakes contest to reverse the digital currency’s trajectory, mounting a spirited but fleeting defense of the … Read more
President Donald Trump announced sweeping reciprocal tariffs on global imports and declared April 2, 2025, “Liberation Day” for American industry, as U.S. stock markets climbed and bitcoin briefly surged during his address. Trump Targets China, EU With New Tariffs President Donald Trump marked April 2, 2025, as “Liberation Day” for American industry, signing an executive … Read more
The crypto economy climbed Tuesday, mirroring gains in equities, as markets moved in anticipation of President Donald Trump’s tariff blueprint, an event many have dubbed “Liberation Day.” Wall Street and Crypto Align Ahead of April 2 Trade Shake-Up Each time Trump introduced a new tariff idea during his tenure as the 47th U.S. president, financial … Read more
President Trump floated the idea of these secondary tariffs during an interview with NBC, where he also remarked that he was “very angry” at Putin’s attitude towards the resolution of the Ukraine-Russian conflict. China, India, Turkey, and the EU are the largest buyers of Russian oil. Trump Proposes Secondary Tariffs on Russian Oil Sales if … Read more
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the realm of cryptocurrency, channeling capital into a bitcoin mining operation, The Wall Street Journal reported in a Monday dispatch. The article details the duo’s strategic pivot toward digital asset infrastructure, positioning them within a niche … Read more
El Salvador President Nayib Bukele will meet U.S. President Donald Trump at the White House next month to discuss security cooperation and immigration enforcement, officials confirmed, following El Salvador’s agreement to incarcerate hundreds of alleged gang members deported from the United States. Bukele’s White House Visit Confirmed After El Salvador Accepts U.S.-Deported Gang Members The … Read more
Launched just before Donald Trump’s inauguration, the meme coins TRUMP and MELANIA initially drew significant interest. However, both assets have since experienced dramatic declines, now trading 85% to 95% below their peak valuations. TRUMP and MELANIA’s Post-Inauguration Decline Donald Trump made history as the first U.S. president to debut an official meme coin, TRUMP, on … Read more
President Donald Trump pardoned Bitmex co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed on March 27, 2025, clearing their 2022 convictions for failing to prevent money laundering on their cryptocurrency platform. Presidential Pardon Wipes Bitmex Founders’ Money Laundering Charge Bitmex, a Seychelles-based crypto derivatives exchange launched in 2014, faced U.S. legal scrutiny in 2020 when … Read more
Economic experts and institutions are increasingly coalescing around heightened warnings of a U.S. recession in 2025, with some amplifying dire predictions of a dollar crisis and systemic instability. Recession Roulette The possibility of a U.S. recession in 2025 has ignited fierce debate among economists, financial institutions, and policymakers, with forecasts split between warnings of an … Read more
President Donald Trump has signed an executive order mandating a federal shift to digital payments by September, aiming to reduce $657 million in waste and minimize fraud risks. Trump Signs Sweeping Order to Digitize All Federal Payments by September U.S. President Donald Trump signed an executive order on March 25 at the White House mandating … Read more