Tag: Trump

U.S. spot Bitcoin ETFs experienced a notable surge in investor demand on April 21, registering their largest single-day inflows in three months. This rally was fueled by a broader shift toward riskier assets following former President Donald Trump's public criticism of Federal Reserve Chair Jerome Powell. According to data from ...

South Korean presidential candidate Hong Joon-pyo has promised to remove cryptocurrency regulations, drawing a parallel to the regulatory rollback seen during the Trump administration in the U.S. His commitment aims to advance blockchain technology in the country. At a policy event in Seoul on April 16, Hong stated his intention ...

Commerce Secretary Howard Lutnick has clarified that the recently announced reciprocal tariff exemption on select electronics is only temporary, countering assumptions that it marked a broader shift in U.S. trade policy. In an interview with ABC News, Lutnick stated that the exemption—first announced on April 12 by U.S. Customs and ...

President Donald Trump has signed a landmark resolution into law, officially repealing the controversial IRS DeFi Broker Rule introduced during the final days of the Biden administration—a move widely hailed as a victory for the cryptocurrency sector and its allies in Congress. According to an April 10 press release, The ...

The U.S. Senate has confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC), following a 52-44 vote that split mainly along party lines. The move positions a longtime crypto advocate and former SEC commissioner to lead the agency amid a changing regulatory landscape. Atkins, nominated ...

The Trump administration’s aggressive tariff policy is poised to significantly undercut demand for Bitcoin mining rigs in the United States — a shift that could prove advantageous for mining operations abroad, according to Hashlabs Mining CEO Jaran Mellerud. In a recent report, Mellerud explained that the newly imposed tariffs, which ...

Bitcoin could be on the brink of a breakout as escalating tensions between the U.S. and China revive investor appetite for alternative assets. According to a recent analysis by Singapore-based blockchain firm Matrixport, Bitcoin could mirror its 2015 trajectory when the devaluation of China’s yuan initially led to a BTC ...

The U.S. Dollar Index (DXY) decreased to 102.96 at press time due to renewed trade tensions under President Trump, causing global market unease. Axel Adler Jr. noted on X that Bitcoin's behaviour during the dollar's decline suggests a potential change in macro-crypto correlations. The U.S. Dollar Index fell to 102.96 ...

Federal agencies across the United States are preparing to report their cryptocurrency holdings to the Treasury Department following a new executive order signed by President Donald Trump on March 6. According to sources within the White House, the submission deadline is Monday, though the findings are not expected to be ...

Sky has been hit with a staggering liquidation of over $100 million in Ether (ETH) after a sharp market downturn triggered by fresh U.S. trade tensions. On April 6, the price of ETH plummeted by approximately 14%, dragging it down to $1,487 and triggering the forced liquidation of a colossal ...