Rate Fears Replace Tariff Fears as Crypto Pulls Back
The "Art of the Deal" might be growing tiresome as markets decline following what's now become a predictable walking back of Trump tariff threats. Risk markets sank on Thursday even as the White House walked back its latest tariff threat.Interest rates are rising across the globe, another possible headwind for bitcoin and crypto.Tomorrow's U.S. jobs report has likely taken on added significance. The latest in a series of reversed tariff threats by President Trump isn't having the hoped-for effec
SUI Surges on Trump-Affiliated World Liberty Financial Reserve Asset Deal
The native token of Sui (SUI), a layer-1 blockchain, saw a surge after a strategic reserve deal with World Liberty Financial (WLFI), a Trump-affiliated decentralized finance protocol.The deal includes WLFI adding Sui assets to its crypto holdings and exploring product development opportunities.World Liberty Financial has already accumulated various digital assets in its strategic token reserve, including wrapped bitcoin, ether (ETH), Tron's TRX, Chainlink's LINK as well as MOVE and ONDO tokens.T