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Author: Zoe Mende

Where is Trump’s Promise to be the Crypto Mining Powerhouse?

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Trump’s new tariff are likely increasing costs for U.S. Bitcoin miners reliant on Asian hardware. Supply chains for Bitcoin mining, concentrated in Asia, face disruptions. These policies challenge Trump’s promise to make the U.S. a mining powerhouse. U.S. miners are at immediate risk, with potential profit margin squeezes and slowed expansion due to higher equipment costs. Miners might adapt by seeking domestic...

Blockchain, Crypto Mining, Cryptocurrencies, Front page, News

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First U.S. XRP ETF Launch

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The first U.S. XRP ETF launched today on NYSE Arca. It’s a leveraged ETF offering twice the daily return of XRP. This launch precedes SEC approval for a spot XRP ETF. The crypto community is excited, seeing it as a potential catalyst for XRP and altcoins. Political support from the Trump administration may accelerate future ETF approvals. The Teucrium 2x Long Daily XRP ETF, trading under the ticker XXRP, launched...

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Crypto Market Plunge: Bitcoin $77k

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Crypto markets saw a significant plunge. Bitcoin dropping nearly 5% amid global trade tensions. Approximately $1.5 billion in crypto positions were liquidated due to the market volatility. Former President Donald Trump’s tariff threats have sparked investor fear, contributing to the market downturn. Investors advice The cryptocurrency market witnessed a significant downturn, with Bitcoin leading the plunge by dropping...

Bitcoin, Cryptocurrencies, Front page, News

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Cryptocurrency Market Reactions to “Liberation Day”

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Bitcoin plunged 6% on April 2, 2025, due to Trump’s tariff announcements. $500 million in liquidations reported. Ethereum, Solana, and XRP dropped 6% to 12%, reflecting market sensitivity to trade policies. Trump’s tariffs, including a 10% baseline and 34% on China, fueling fears of a global trade war, with China retaliating on April 4, 2025, with 34% tariffs on U.S. imports. Tariffs could push investors toward...

Front page, News

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“Liberation Day”

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President Trump imposed a 10% tariff on all U.S. imports, effective April 5. With higher rates up to 49% for countries like Cambodia. Aiming to protect domestic industries and reduce a $1.2 trillion trade deficit from 2024. 25% tariff on foreign cars started April 3, impacting the automotive sector. Potentially raising prices by thousands and affecting countries like Mexico and Germany. Tariffs causing significant crypto...

Bitcoin, Front page, News

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