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Cryptography News
Coindoo
1w
282
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EU Suspends Retaliatory Tariffs on U.S. Goods for 90 Days
- EU has suspended retaliatory tariffs on U.S. goods for 90 days, following President Donald Trump's pause on global tariffs.
- EU Commission President emphasizes commitment to diplomacy and willingness to engage in negotiations for resolving trade disputes.
- Initial retaliatory measures targeting $23 billion worth of U.S. goods to be suspended, pending satisfactory results from negotiations.
- EU remains prepared for additional countermeasures if negotiations fail, aiming to protect economic interests.
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Cryptopotato
1w
96
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Bitcoin Price Reacts as US CPI for March Comes Lower Than Expected
- The US Consumer Price Index (CPI) for March came in lower than expected, with lower inflation rates compared to estimates.
- BTC initially experienced a surge to $82,500 following the release of the CPI report but quickly dropped to $81,500.
- The Core CPI, which excludes volatile sectors like energy and food, reached the lowest level in four years at 2.8%.
- Lower inflation rates are typically considered bullish for crypto due to the possibility of reduced key interest rates by the US Federal Reserve.
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Coindoo
1w
349
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CPI Data Was Announced: Here’s How Bitcoin Reacted
- CPI for March posted a 0.1% decline, below economist expectations.
- Core CPI also underwhelmed, rising just 0.1% in March.
- Softer-than-expected inflation print could give the Federal Reserve flexibility to ease monetary policy.
- Bitcoin saw a modest uptick in response to CPI release.
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Cryptopotato
1w
206
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21Shares Files for SEC Approval to Launch Spot Dogecoin ETF
- Swiss digital asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) for approval to launch a spot Dogecoin ETF.
- The proposed ETF would track the performance of Dogecoin and would use Coinbase Custody as the proposed custodian.
- Other companies, including Bitwise and Grayscale, have also attempted to launch spot Dogecoin ETFs.
- Polymarket gives a 64% chance of the SEC approving a Dogecoin ETF, in line with the prediction of Bloomberg analysts.
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Cryptopotato
1w
269
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Bitcoin (BTC) Still on Track for $200,000 But This Must Happen First (Analyst)
- Bitcoin (BTC) experienced a pullback but bounced back after Trump's tariff freeze.
- Analyst Ali Martinez believes a breakout above $86,900 could lead to a rally to a new all-time high of $208,550.
- Merlijn The Trader suggests a potential breakout of a falling wedge pattern, indicating a jump above $100,000.
- BTC's exchange netflow has been negative, indicating a shift towards self-custody methods and reducing immediate selling pressure.
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Bitcoinmagazine
1w
88
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Senate Confirms Pro Bitcoin Paul Atkins As SEC Chair
- The U.S. Senate has confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC).
- Atkins is known for his deregulatory stance and is expected to introduce a more crypto-friendly approach at the SEC.
- His confirmation follows debates and comes during a significant period of transition in U.S. financial regulation.
- Atkins' appointment is seen as a turning point for bitcoin and crypto in the U.S., as the agency redefines its jurisdiction.
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Coindoo
1w
0
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U.S. Inflation Eases Again – But Will Tariffs Reverse the Trend?
- The U.S. inflation eases again with the lowest annual inflation reading since October 2023.
- Monthly CPI declined 0.1% with the first drop since late 2023.
- Core CPI rose just 0.1% for the month, marking the smallest 12-month gain since March 2021.
- Sweeping tariffs imposed by President Donald Trump may potentially offset the current easing of inflation.
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Coindoo
1w
198
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BNY Mellon Launches On-Chain Data Platform with BlackRock as First Client
- BNY Mellon has launched an on-chain data platform designed to enhance transparency and efficiency in fund management.
- BlackRock, the world's largest asset manager, is the platform's first client and will utilize it for the USD Institutional Digital Liquidity Fund.
- The platform provides real-time visibility of the fund's net asset value (NAV) on-chain, offering immediate access to critical financial data for investors.
- This collaboration signifies a pivotal moment in the financial industry's adoption of blockchain technology, setting a precedent for enhanced transparency and efficiency in fund management.
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Coindoo
1w
222
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Apple Moves 600 Tons of iPhones from India to Avoid Trump Tariffs
- Apple moves 600 tons of iPhones from India to avoid Trump tariffs.
- Apple increased production in India by 20% to circumvent the 125% tariffs on Chinese imports.
- The move helps mitigate potential price hikes for U.S. consumers and maintain stable pricing.
- Apple's reliance on India in its global supply chain reflects a long-term strategy to reduce dependency on China.
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Cryptopotato
1w
50
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Bitcoin Flooding Into Binance Ahead of CPI Announcement
- Bitcoin inflows into Binance have surged over the past two weeks, reflecting heightened investor activity.
- The influx of Bitcoin into Binance may be linked to investor caution ahead of the US Consumer Price Index (CPI) report.
- Cryptocurrencies, including Bitcoin, gained ground following President Donald Trump's announcement of tariff adjustments.
- Market participants are closely watching the CPI data to gauge its impact on Bitcoin's price and market sentiment.
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Cryptopotato
1w
151
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Ethereum Price Analysis: Key Support Holds, but a Drop to $1K Remains a Risk
- Ethereum price is testing a critical support level at $1.5K, with a potential risk of dropping to $1K.
- Technical analysis suggests that the $1.5K support level is crucial, serving as a psychological pivot point.
- Ethereum is currently trending within a bearish price channel, indicating sellers' control over the market.
- Futures market sentiment indicates a decline in funding rates, suggesting sellers dominate the market, but recent buying activity near the support level could lead to a potential reversal.
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Coinjournal
1w
0
Bitcoin at $81,552 faces risk of bull trap as US-China tensions escalate
- Bitcoin surged past $82,000 but the rally's stability is uncertain.
- Analysts warn of a potential bull trap due to US-China trade tensions.
- Market makers are selling into the rally ahead of potential retaliation from China.
- Chinese yuan's devaluation could lead to capital flight, increasing BTC demand.
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Cryptopotato
1w
219
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ChainGPT and Cronos Announce Strategic NFT Partnership to Power Scalable AI Solutions
- ChainGPT and Cronos have announced a strategic partnership to power scalable AI solutions in the NFT space.
- Through this partnership, ChainGPT will integrate with Cronos' high-performance blockchain network to enhance its AI NFT Generator.
- Cronos' EVM compatibility and cross-chain connectivity will enable fast, low-cost NFT minting and AI-driven NFT creation with seamless interoperability.
- The partnership aims to expand the boundaries of AI and blockchain, offering Web3 developers and creators enhanced scalability and smarter NFT solutions.
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Coindoo
1w
307
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Bitcoin Price Prediction From The Founder of Cardano
- Bitcoin could skyrocket to $250,000 as early as this year, according to the founder of Cardano.
- Hoskinson believes tech adoption and global uncertainty will drive crypto's next massive rally.
- He sees the recent market volatility caused by President Trump's global tariff policy as temporary noise.
- Hoskinson highlights explosive user growth, tech industry adoption, and geopolitical shifts as key reasons for Bitcoin's potential rise.
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Zycrypto
1w
236
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Gensler’s Successor: Crypto-Friendly Paul Atkins Confirmed By U.S. Senate To Lead SEC
- Paul Atkins has been confirmed by the U.S. Senate to lead the Securities and Exchange Commission (SEC).
- Atkins is expected to establish a regulatory framework for cryptocurrencies as a top priority.
- The SEC has shifted to a more crypto-friendly approach since the departure of ex-SEC chairman Gary Gensler.
- Atkins' appointment aligns with former President Trump's goal of making the US a dominant force in cryptocurrency.
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