Bitcoin surged previous $106,000 after Trump promised a $2,000 “dividend” to most Individuals, funded by tariff revenues. The proposal echoed previous stimulus measures, sparking renewed optimism and short-term speculative shopping for. Crypto markets gained broadly as sentiment improved, with Trump-themed tokens main every day advances. A Senate breakthrough on endingContinue Reading
Bitcoin gained 1.5% in 24 hours but declined 4% over the week, trading between US$114,280-$119,290 alongside similar patterns in Ethereum and altcoins. Market volatility stemmed from renewed dollar strength following President Trump’s announcement of new global tariffs based on trade surpluses. The weekend price drop liquidated US$195 million in longContinue Reading
Bitcoin has fallen 2.5% in 24 hours to US$115,551 after peaking at an all-time high of US$123,091 on 14 July, now trading in a downward trend. Analysts at 10x Research warn Bitcoin could drop to US$106k despite billions in corporate treasury inflows having surprisingly little price impact. With Bitcoin’s momentumContinue Reading
US and Chinese negotiators concluded trade talks in Stockholm without a concrete agreement to extend their tariff ceasefire past August 12. The decision now rests with President Trump, with a potential return to high tariffs threatening global markets. The US Federal Reserve, led by Chairman Jerome Powell, kept its benchmarkContinue Reading
Trump and European Commission President Ursula von der Leyen announced a major trade deal breakthrough, which Trump called the “biggest deal ever reached”. The agreement imposes 15% tariffs on most EU goods like cars and pharmaceuticals, but exempts strategic sectors such as aircraft and semiconductors from tariffs entirely. In exchange,Continue Reading
