Judicial Brake on Trump's Tariffs: Court Says No to Overreach
The United States Court of International Trade ruled that former President Donald Trump cannot impose unilateral tariffs worldwide based on economic emergency laws.
The Trump administration opposed this decision and appealed the court ruling that halted the tariffs.
This decision underscores that the executive branch cannot wield unlimited power in trade policies, bringing legal balance back into focus..
Today, the US-Russia-Ukraine summit held in Turkey has concluded. The main topic was of course the ceasefire.
Now all eyes are on the statements to be made. The messages given could deeply shake not only the war front but also global markets, especially Bitcoin. The next few hours are critical.
We will wait and see, is a storm coming or will the markets take a breath?
$XRP Price is currently at a temporary resistance area and this area is where the price will respond in the short term. If the box is not breached, the short-term target area for the price will be around $2.17 levels. A breakdown within the box in a lower time frame may lead to an increase in selling pressure. #Ripple #XRP
Trump announced: The US & UK shook hands๐ฆพ "Comprehensive trade agreement" completed. Immediately after, the Bank of England hit the brakes: Reduced interest rates by 25 basis points to 4.25%. Are the winds in the markets changing direction?
Statements by U.S. Treasury Secretary Scott Bessent:
โขMany countries have offered very attractive customs duty proposals. โขChina should ease its current tax practices. โขAll units of the government are in contact with China; however, relations are following a complex course. โขChina seems willing to reduce tensions in trade. โขDiscussions with trade partners in Asia are continuing in a very positive atmosphere.
April 1, 2025 ETF Flows โขBitcoin ETFs: A total net outflow of 157.8 million dollars was experienced during the day. โขEthereum ETFs: A net outflow of 3.6 million dollars was recorded.
#btc๐ซ broke the falling minor trend upwards. Our first resistance is 67220. If it breaks that too, the journey to 70000 begins ๐ช We don't fly, we don't launch rockets, but it's going well โบ๏ธ #binance๐ฉท #bitcoin๐
Tether Collaborates with TON to Bring USDT to Fiat Transactions Using the Oobit Mobile App. Oobit, a mobile payment app, will facilitate transactions involving Tether's USDT and Tether Gold (XAUt) on the Open Network (TON). is set.