#TrumpVsPowell 🚨📣 : Arbitrum has become the first Ethereu | SamOnion on Binance Square

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#TrumpVsPowell 🚨📣 : Arbitrum has become the first Ethereum secondary layer company to surpass $300 billion in trading volume on Uniswap.

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$ETH 🚨📣: China and the United States have given conflicting statements regarding the status of potential negotiations regarding the trade war resulting from the recent tariff hike. - Chinese Foreign Ministry spokesperson Lin Jian stated that the two countries are not holding any talks with the United States. - Trump confirmed that ongoing talks regarding tariffs are ongoing, and an unnamed White House official confirmed that there were low-level personal talks and phone calls between Washington and Beijing this week. - Treasury Secretary Scott Besant indicated that these tariff levels amount to a ban, describing the current situation as "unsustainable."

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#TariffsPause 🚨📣: CoinShares Industry Reports indicate that Bitcoin mining costs rose 47% in the fourth quarter of last year, reaching $137,000. This increase is attributed to increased hardware usage, tax expenditures, and non-cash charges related to depreciation and stock-based compensation. Cash costs include an average of $75,767, and when non-cash expenses are included, the total average reaches $137,018 per Bitcoin. The report also indicates that hardware turnover, intense competition, and market price volatility are contributing to increased input costs. However, some companies, such as CleanSpark, Irene, and Cormint, have managed to reduce their costs. Electricity remains the largest component of costs, but depreciation and amortization also play a significant role. Companies face future challenges, with rising tariffs and valuation multiples weighing on mining companies.

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#CryptoMarketCapBackTo $3T The build-up within #Crypto is massive. I do believe we're at the forefront of the big breakout to occur and the first signs start to show up this week. $ETH remains to be the leader of the pack.

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$ETH 🚨📣: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows. - Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion. - However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market. - BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact. - Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.

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#EthereumFuture 🚨📣: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows. - Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion. - However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market. - BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact. - Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.

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