Macro/TradFi The reciprocal tariffs that went into effect on Wednesday are now paused for 90 days, except for China which remains at 125%.
The baseline 10% tariff that went into effect on 5 April will remain in place.
Effective April 12, 2025, China’s finance ministry announced that it will increase the tariff rate on goods imported from the US from 84% to 125%.
The European Commission announced on 10 April that the European Union will match the US 90-day pause on tariffs, delaying its first tranche of retaliatory duties on US goods.
Jobless claim filings increased by 4,000 to 223,000 but short of the forecast of 225,000, indicating that the labour market remains broadly healthy despite an ongoing trade war.
According to VanEck, China and Russia are confirmed to be using Bitcoin to settle some energy trades. Blackrock has included Anchorage Digital Bank as an additional custodian of its Bitcoin holdings besides its primary custodian, Coinbase.
Cboe Digital, the crypto arm of the Chicago Board of Options Exchange, is aiming to roll out a new BTC futures product in partnership with FTSE Russell. Fidelity Investments launched Crypto for IRAs after customer demand, enabling investors the opportunity to trade and hold crypto assets in tax-advantaged accounts.
21Shares filed an S-1 registration with the U.S. Securities and Exchange Commission on Wednesday for a spot Dogecoin exchange-traded fund. The U.S. Securities and Exchange Commission approved trading options on Wednesday for Ethereum ETFs issued by iShares, Bitwise and Grayscale
#BinanceEarnYieldArena Binance Earn has launched a new Earn Yield Arena , a campaign hub where users can easily participate in multiple campaigns with exclusive rewards of up to $1M. Binance users can earn rewards from Flexible and Locked Products, ETH Staking, SOL Staking, Dual investment, and more to maximize their earnings.
Senator Cynthia Lummis Suggest Sell Gold, Buy Bitcoin! 📰
She believes the U.S. government should sell its gold reserves and invest in $BTC instead. Gold has been the traditional store of value for centuries, but Bitcoin is scarce, decentralized, and easily transferable in a digital world.
Bitcoin is proving itself as a global reserve asset, could this be the moment the U.S. finally embraces it on a national level.
If this actually happens, we’re talking about a massive shift in financial history. The U.S. Treasury holding #Bitcoin instead of gold, that would be bullish beyond the imagination.
Would this be a smart move for the U.S. economy! 🫰
Please, please, please if you are new to investing in cryptocurrency and are doing it on a limited budget, don't waste your money on meme coins hoping to make millions in a day, if you have a few hundred dollars you can establish a great portfolio which earns a little passive income. $MANTA
Meme coins most often have no infrastructure, they have nothing of value in the real world to offer you for your investment. 100$ of $Doge might get you get so many coins (or whatever it is now) but you are buying of garbage in the hope it will one day be huge. How many dog faced stickers is pepe going to have to sell you make you a millionaire? $PEPE
However, for the same 100$ you could invest in various projects that people have spent time, energy, creativity, and most importantly, a load of money in infrastructure, nurturing coins which need to fail so hard in order to fail, if you buy now, you are bound to make some money on, enough to reinvest in something else. $DOGE