Tag: donald trump
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Crypto Market Surges and Dips as China Tariffs Spark Volatility
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The crypto market saw sharp gains, with XRP and Dogecoin surging 20% before reversing course as fresh trade tensions between the U.S. and China dented investor sentiment. Bitcoin (BTC) and Ethereum (ETH) initially climbed nearly 4%, while Solana (SOL) and Cardano (ADA) gained around 3%. However, as China announced retaliatory tariffs on the U.S., the…
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Is It Possible for Tariff Changes to Increase Crypto Market Trust?
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A recent decision by President Donald Trump to suspend import tariffs on Canada and Mexico for a month has sent positive ripples through the cryptocurrency sector. The announcement triggered a swift recovery in digital currency values, with major players such as Bitcoin, Ethereum, and Ripple all showing notable gains. This surge has been attributed to decreased trade tensions…
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Trump’s Tariff Suspension Sparks a Crypto Market Surge
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President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin , Ethereum , and Ripple among many digital currencies experiencing gains. The surge in value was linked to eased global trade tensions, demonstrating…
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Crypto Markets Plummet as U.S. Tariffs Trigger Panic Selling
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The crypto markets faced a severe downturn as major tokens plunged over 25% in the past 24 hours, reversing gains made since December. The sell-off was triggered by fresh U.S. tariffs on Canada and Mexico, escalating fears of a global trade war. XRP, DOGE, and ADA Wipe Out Gains XRP, Dogecoin (DOGE), and Cardano’s ADA…
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Bitcoin Faces Potential Crash as Trump’s Tariffs Take Effect
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Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a stark warning about Bitcoin’s future. He predicts a significant price drop as former U.S. President Donald Trump’s new tariff policies come into play. Kiyosaki, however, remains unfazed, seeing the dip as a golden buying opportunity. In a recent post on X, he stated, “TRUMP…
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Trump Media Expands Into Crypto With Truth.Fi
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Donald Trump’s media company, Trump Media & Technology Group (TMTG), has announced its expansion into financial services, including cryptocurrencies. The firm, which owns the Truth Social platform, revealed plans to launch Truth.Fi, a new financial technology brand. The announcement sent TMTG shares soaring 15% in pre-market trading, as investors reacted to the news of the…
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Trump’s Crypto Ties: A Path to Growth or Corruption?
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As Donald Trump positions the United States as the “crypto capital of the planet,” questions arise about the implications of his administration’s deepening ties to the cryptocurrency industry. While his pro-crypto stance promises accelerated growth, critics warn of potential corruption, investor risks, and national security threats. Trump’s Crypto Ventures Spark Ethical Concerns Despite once dismissing…
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Trump Memecoins Spark Surge in Crypto Interest, But Risks Loom
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Google searches for “crypto” have reached their highest level since November 2021, driven by former US President Donald Trump’s unexpected entry into the memecoin market. According to Google Trends data, the surge followed the release of Trump’s official memecoin project on 18 January, just days ahead of his inauguration. Trump and Melania’s Memecoins Make Headlines…
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THORChain in massive $200m debt; pauses network for restructuring votes
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On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt. In DeFi, ecosystem debt occurs when a blockchain owes more tokens than it holds, as seen with THORChain’s current situation. This often results from overambitious…
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Trump’s Bold Crypto Move: A Game-Changer for Digital Assets
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In a landmark decision, U.S. President Donald Trump has directed sweeping changes in cryptocurrency policy through an executive order issued on Thursday. The move sets the tone for a crypto-friendly administration while introducing regulations aimed at fostering the industry’s growth. Formation of a Crypto Working Group A central element of the executive order is the…