Tag: Bitcoin

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 whales have accumulated over $11 billion worth of BTC in the past two weeks. Adding more than 129,000 BTC despite a recent price correction, suggesting optimism. This accumulation may portend another price surge, backed by the history of bitcoin and its spikes. Whales seeing value at current levels, potentially influencing market sentiment, but other factors like regulation could also impact prices. Bitcoin...

President Trump announces new tariffs on auto imports, effective April 2, 2025. The tariffs triggered a market drop, with Bitcoin falling below $86k. Additional threats of larger tariffs for the EU and Canada fuel further concerns. Cryptocurrency markets face volatility as traders react to trade uncertainty. President Donald Trump revealed new tariffs aimed at boosting the U.S. automotive sector. The measure, which...

GameStop’s stock likely jumped about 13% after announcing a Bitcoin investment strategy. With shares opening at $28.84 on March 26, 2025, from a close of $25.40 the previous day. The company plans to invest part of its $4.8 billion cash reserve in Bitcoin and stablecoins, following Strategy’s model. This move seems aimed at diversifying assets and attracting retail investors, given Bitcoin’s current price...

The Federal Reserve kept interest rates unchanged at 4.25%-4.5%, aligning with market expectations. Bitcoin continued its bullish trend, trading above $84,000 and hitting $85,760 driven by positive market sentiment. The Fed’s projection of two rate cuts in 2025 adds a dovish tone, potentially benefiting risk assets like Bitcoin. An unexpected detail: President Trump’s announcement of a U.S. strategic crypto reserve, including...