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🇪🇺🇺🇸 European Union says it's "ready" to make a trade deal with the US.
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Publicly traded Bakkt Holdings says it may use $1 billion from shelf offering to buy Bitcoin. Coinbase CEO Brian Armstrong says "we're buying more Bitcoin every week." "Long Bitcoin." 🇺🇸 Crypto Czar David Sacks says "July will be a big month."#BTC110KToday? $BTC
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🇺🇸🇨🇳 President Trump says he officially signed trade deal with China. President Trump announced that a US-China trade deal is complete, According to Trump, the deal includes: The US will impose a 55% tariff on Chinese goods, while China will impose a 10% tax on US imports. The 55% tariff includes a 10% base tariff, a 20% tariff on fentanyl trade, and a 25% tariff reflecting existing tariffs. China will supply magnets and rare earths to the US, with Trump stating that "full magnets and any necessary rare earths will be supplied, up front, by China". The US will allow Chinese students to study at American colleges and universities, which Trump has always supported. Trump described the relationship between the US and China as "excellent", with both countries working closely together to open up China to American trade. It's worth noting that there seems to be some confusion regarding the finalization and signing of the deal. Trump announced the deal's completion on June 11, 2025, but there's no clear confirmation on whether the deal has been officially signed.#BinanceAlphaAlert $BTC
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🇺🇸 White House official says "Bitcoin is digital gold" and it's in the United States' best interest to accumulate as much BTC "as we can possibly get."$BTC #BTC110KToday?
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🇪🇺🇺🇸 European Union considers lowering tariffs on US imports, WSJ reports. The European Union is actually considering suspending its planned counter-tariffs against the US to pursue ongoing trade negotiations, rather than lowering tariffs on US imports. European Commission President Ursula von der Leyen announced this move, aiming to defuse escalating trade tensions. The EU's decision reflects cautious optimism that dialogue can reduce trade tensions. The US has imposed tariffs covering around $439 billion of EU exports, approximately 70% of its total exports to the US. The EU has proposed a "zero-for-zero" tariff deal on all industrial goods, which the Trump administration previously rejected. The EU is working towards a trade deal with the US before tariffs on nearly all EU exports rise to 50% on July 9. If negotiations don't yield satisfactory results, the EU may impose counter-tariffs on US imports, including aircraft from Boeing. The EU's suspension of counter-tariffs indicates flexibility in its approach to trade negotiations with the US. However, the bloc remains prepared to take further action if needed.#BinanceAlphaAlert $XRP
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🇺🇸🇨🇳 General Electric Appliances announces $490 million US investment plan to relocate manufacturing from China to Kentucky. General Electric Appliances is investing $490 million to relocate manufacturing of over 15 models of front-load washers and a combo washer-dryer from China to its Appliance Park complex in Louisville, Kentucky. This move will: Approximately 800 new jobs will be added, boosting employment in the region The laundry production area at the Louisville complex will increase to the equivalent of 33 football fields GE Appliances will become the largest US manufacturer of washing machines, enhancing the company's domestic production capacity This investment reflects a significant reshoring effort, marking a positive trend for the US economy. The relocation will likely have a substantial impact on the local economy in Kentucky and contribute to the growth of the US appliance manufacturing industry.#BinanceAlphaAlert $ETH
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