$USDC UK could be first country to sign trade deal with US | Atlantis-Crypto on Binance Square

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$USDC UK could be first country to sign trade deal with US 
The news comes after President Trump hinted at an upcoming press conference on the trade deal, but did not reveal specific details.

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#BTCBackto100K Summary of the US-UK trade agreement - The US increases import tariffs on UK goods from 3.4% to 10% - The UK reduces tariffs on US goods from 5.1% to 1.8% => Helps the US increase exports by $5 billion and collect an additional $6 billion from taxes Some notable points in the agreement: - The UK will open the door for US goods to enter the market: beef, ethanol, agricultural products, tobacco, textiles, machinery, pharmaceuticals, etc. - The US will only allow 100,000 cars from the UK to be imported each year, and impose a 10% tax on these cars - The US government will spend $10B to buy aircraft components from Boeing - The pharmaceutical industry will be guaranteed a stable supply between the two countries - Steel and aluminum from the UK to the US will be limited in quantity and subject to additional taxes

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#StripeStablecoinAccounts G7 to Discuss Crypto Hacks, Address North Korea Bloomberg: Summit Hosted by Canadian Prime Minister Mark Carney in Kananaskis, Alberta, to Take Place June 15-17 G7 leaders are expected to address North Korea’s cryptocurrency hacking, which is believed to have helped fund the country’s weapons programs over the years.

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$BTC Bitcoin Magazine CEO David Bailey has just raised $300 million to launch a Bitcoin investment company called Nakamoto. Nakamoto plans to merge with a Nasdaq-listed company and go public this summer. The company will follow Michael Saylor’s Strategy model, using cash and debt to buy and hold Bitcoin long-term, while investing in businesses in Brazil, Thailand, and South Africa.

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#BTCBreaks99K According to Santiment, in the past six weeks, large wallets holding 10 to 10,000 BTC have net bought more than 81,000 BTC, indicating that institutional money continues to accumulate and expects Bitcoin to soon regain the $100,000 mark. In contrast, small wallets (under 0.1 BTC) have sold about 290 BTC, reflecting profit-taking or concerns among individual investors. BTC's market dominance has surpassed 65%, reaching its highest level since early 2021.

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China increased its gold reserves in April for the sixth consecutive month, bringing the total to $243.6 billion amid high gold prices and lingering trade tensions. Domestic demand is surging with record trading volumes and new import quotas. The People's Bank of China is gradually moving away from dollar-denominated assets, mirroring a global trend where central banks have increased their gold purchases fivefold since 2022. China could be aiming to increase its gold holdings to 20%, from the current 8%, which could take about three years at the current pace. As countries hold fewer and fewer US Treasuries, Stablecoins could become important future buyers of the bonds. $BTC

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