$BTC The world reacts to the new tariff wave from President Donald Trump
🇦🇺 — Australian Prime Minister Anthony Albanese stated that he would not respond with similar measures, while warning that Trump's actions would destabilize the global economy and that the American people would be the ones to pay the price.
🇮🇪 — The Irish Foreign Minister expressed deep regret over President Trump's announcement of tariffs.
🇧🇷 — The Brazilian government, under the leadership of President Lula da Silva (PT), announced that it would respond to Trump's tariffs, but is concerned that the U.S. will retaliate again, increasing tariffs from 10% to 28%.
🇩🇰 — The Danish Foreign Ministry criticized the U.S. decision, stating that "it is sad that global trade interests are threatened by a war not supported by Europe."
🇮🇹 — The Italian Foreign Ministry emphasized the need to avoid a trade war, also noting that it is coordinating with European partners to formulate a joint response.
🇮🇹 — Italian Prime Minister Giorgia Meloni called the U.S. tariffs a mistake, expressing hope to cooperate with Washington and the EU to avoid a trade war that would weaken the West. @MrThanh
Japan's second largest bank, Sumitomo Mitsui (SMBC), is expected to trial a stablecoin by the end of 2025 and officially launch it in 2026. The goal is to shorten the time and costs for international transactions.
SMBC will collaborate with: - Ava Labs (the team behind Avalanche): to develop the blockchain platform - Fireblocks: to handle security and token management. - TIS Inc.: to provide technical support and system integration.
Since June 2022, Japan has regarded stablecoins as "electronic payment instruments," but only allows licensed banks and institutions to issue them. @MrThanh $BTC
Trump's son reveals the reason for his crypto obsession
Eric Trump said he became interested in crypto after the riot on January 6, 2021, when Capital One bank abruptly closed the accounts of the Trump Organization.
"I didn't pay attention to crypto before, but when the bank locked our family's accounts, I realized how important decentralized finance is," Eric shared in a recent interview with Bloomberg.
Currently, the Trump family is behind the DeFi project WLFI, which has raised over $550M from token sales. Eric Trump, once an outsider, is now a significant player as a strategic advisor for American Bitcoin – a BTC mining project in partnership with Hut 8 that has just launched, and Metaplanet - a Bitcoin investment company in Japan. @MrThanh $BTC #TrumpTariffs
🇺🇸The White House confirms President Trump will announce a series of new tariffs at 3 AM tomorrow, April 3rd (Vietnam time), and they will take effect immediately afterward.
Currently, the U.S. is reportedly considering 3 options: 1️⃣ A 20% tariff on most imports. 2️⃣ Retaliatory tariffs, flexible by each country. 3️⃣ Uniform tariffs for a group of countries, possibly lower than the comprehensive 20% rate.
It is unclear which direction Mr. Trump will choose, but many countries are ready to respond if the U.S. imposes “reciprocal” tariffs tomorrow: 🇲🇽Mexico 🇨🇦Canada 🇨🇳China 🇯🇵Japan 🇰🇷South Korea 🇪🇺EU
White House Press Secretary Leavitt stated that Mr. Trump is always open to receiving calls from other countries to negotiate a mutually beneficial solution.
The deadline for tariffs is approaching, countries are preparing countermeasures, and the market is holding its breath for the next moves... Get ready, everyone! @MrThanh $BTC
After skeptics questioned the amount of #Bitcoin held by Tether, CEO Paolo Ardoino shared the company's #BTC address with a confirmed balance of 92,646 BTC. @MrThanh $BTC
The U.S. Department of the Treasury and other federal agencies will disclose the amount of #Bitcoin and cryptocurrency assets they hold on April 5, according to an order from President Trump. @MrThanh $BTC
🚨 Circle, the company behind the USDC stablecoin, files for listing on the US stock exchange
Circle has submitted a filing to list its Class A common stock on the NYSE under the ticker 'CRCL'. However, the number of shares and the price range have not been disclosed. The company is expected to debut in the market as early as June.
The 225-page filing reveals that Circle has projected revenues of $1.6B in 2024, primarily from stablecoin reserves (which account for over 99% of revenue). Circle is currently partnering with Coinbase and Binance to promote the use of USDC amid competition from Tether (USDT), PayPal, and major banks like J.P. Morgan. @MrThanh $BTC $BNB $WLD
UPDATE BTC Bitcoin surged strongly from the support level, it's been a long time since we saw such large volumes. The day referred to as "Liberation Day" is tomorrow, this price increase may be caused by insider news about tariffs, and they may be postponed. Let's see how things unfold. The most important thing here is that we could see the market completely reverse, let's pray. The current target is $86,300. @MrThanh $BTC
Important news this week related to the date April 2nd
🇺🇸The proposed tariff policy is set to take effect on April 2nd: There is information suggesting that the U.S. may eliminate tariffs specific to certain industries, but retaliatory tariffs (i.e., imposing tariffs equivalent to those that other countries place on U.S. goods) will still be maintained. This indicates a shift in approach, focusing on "reciprocity" in trade.
🇨🇳China, the world's second-largest economy, has also summoned Jack Ma (Alibaba), who was once the richest billionaire in Asia. This move to summon entrepreneurs who have been sanctioned back to the market is aimed at countering the economic war, especially during Trump’s administration, which sought to target China.
News about tariffs will gradually have less impact on the crypto market as people become accustomed to it, but the date April 2nd remains significant, so pay attention. @MrThanh $BTC $BNB $SOL
The Bitcoin Policy Institute announces a framework for the United States to purchase 200 billion dollars in Bitcoin using Bit Bonds @MrThanh $BTC $BNB $SOL
$BTCUSDT [1 Week Chart]🕯 "The weekly chart of BTC closed with a longer red candle, indicating stronger selling pressure compared to buying pressure from the previous week. Historically, this suggests the potential for a decline this week, possibly targeting the support level of $73.7k - $73.6k before a recovery. Let's wait and see. @MrThanh $BTC
🇺🇸 Hey, President Trump's son is investing in Bitcoin mining
Hut 8 – one of the largest Bitcoin mining companies in North America – has just partnered with Eric Trump and Donald Trump Jr. to establish a new Bitcoin mining company called American Bitcoin.
Hut 8 will provide the entire operational infrastructure, ensuring mining capacity for the new company, while Eric Trump will serve as Chief Strategy Officer.
The goal of American Bitcoin is to become the largest independent BTC mining company in the world with a strong strategic Bitcoin reserve. 👀 @MrThanh $BTC $BNB $ETH