The post US President Trump vows additional 50% tariff on China as retaliation cycle escalates appeared on BitcoinEthereumNews.com. United States (US) President Donald Trump continued his trend of issuing decrees via social media on Monday, lashing out over China’s tit-for-tat tariff retaliation last week. President Trump issued an Executive Order placing a 34% “reciprocal” tariff […]
US Trade Tariffs Trigger $240 Million Crypto Outflows Last Week
The post US Trade Tariffs Trigger $240 Million Crypto Outflows Last Week appeared on BitcoinEthereumNews.com. Crypto ETPs (exchange-traded products) saw a significant setback last week, as outflows reached $240 million. The turnout follows escalating trade tensions in the US, sparking investor caution amidst President Donald Trump’s sweeping new import tariffs. Crypto Outflows Hit $240 Million […]
Seven GOP Senators Support Bill to Limit Trump’s Tariff Powers
Seven Republican senators have sponsored a legislative measure on October 10, 2023, in Washington D.C., intending to curb the unilateral tariff-imposing abilities of former President Donald Trump. This move signifies an attempt to restore legislative control over tariff implementations, potentially impacting U.S. trade policies significantly. The legislative proposal sparked immediate discussions among policymakers and trade […]
Crypto Casinos Are Changing the Game with Privacy and Safety
The post Crypto Casinos Are Changing the Game with Privacy and Safety appeared on BitcoinEthereumNews.com. The online gambling industry has undergone significant changes in recent years, driven by technological advancements and the rise of cryptocurrency casinos. It’s not just the new Trump administration that has embraced digital coins – the gambling industry has quickly adopted […]
Hong Kong SFC Releases Regulatory Framework for Crypto Staking Services
The post Hong Kong SFC Releases Regulatory Framework for Crypto Staking Services appeared on BitcoinEthereumNews.com. TLDR Hong Kong’s SFC now allows licensed crypto platforms to offer staking services Platforms must maintain control of client assets and fully disclose all risks Prior written approval from the SFC is required before offering staking services This move contrasts […]
Gold price underpinned with stagflation focus in play
The post Gold price underpinned with stagflation focus in play appeared on BitcoinEthereumNews.com. Gold price briefly fell below the $3,000 mark in early Monday trading. Bullion should still be considered as the safe bet for a stagflation scenario in the US. Gold keeps trying to recover back to its opening price near $3,040. Gold price […]
Bitcoin Price Surges as Institutional Interest Grows – Coincu
The post Bitcoin Price Surges as Institutional Interest Grows – Coincu appeared on BitcoinEthereumNews.com. Key Points: U.S. trade advisor Peter Navarro shares Trump’s tariff plan to boost trade. Impacts global trade dynamics significantly. Industry experts raising concerns over economic implications. U.S. Advisor Navarro Cites Trump’s Tariff Reduction Strategy U.S. trade advisor Peter Navarro recently discussed […]
Cap Raises $11M to Fuel Stablecoin Engine as Industry Heats Up
The post Cap Raises $11M to Fuel Stablecoin Engine as Industry Heats Up appeared on BitcoinEthereumNews.com. Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton and Triton Capital. The total funding — announced at the close of a recent $8 million seed […]
CAD holds range ahead of BoC Business Outlook Survey – Scotiabank
The post CAD holds range ahead of BoC Business Outlook Survey – Scotiabank appeared on BitcoinEthereumNews.com. The Canadian Dollar (CAD) is remarkably stable considering the carnage playing out in stocks. Spot has held a tight range close to Friday’s closing level throughout Asian and European trade. Heightened stock volatility is playing into the CAD’s fair […]
Trump Tariffs Spark $200B Crypto Sell-Off
The post Trump Tariffs Spark $200B Crypto Sell-Off appeared on BitcoinEthereumNews.com. Ethereum’s steep decline hints at panic-driven selling and margin liquidations. Solana’s price dip suggests intense bearish pressure with potential for deeper losses. XRP struggles to stabilize, with key support at $1.50 and resistance at $1.85. Cryptocurrency markets suffered a devastating blow Monday, with over […]