Crypto News

China is throwing down the economic gauntlet as Trump’s 104% tariffs take effect, signaling a long-game trade war strategy fueled by yuan devaluation and relentless countermeasures. Trump Escalates, but China’s Playing for the Win—Expert Sees Warpath Ahead China is sharpening its stance in the economic clash with the United States, issuing what financial leader NigelSource link

"Hi Curly, kill anyone today," said Billy Crystal's Mitch to Jack Palance's Curly in City Slickers. "Day ain't over yet," replied Curly.Bernstein, though, is ready to call it a day, saying bitcoin's (BTC) being down just 26% from its record high of less than three months ago shows resilience.Previous crises, such as the Covid-19 epidemic and interest rate shocks, saw the world's largest cryptocurrency "fall of the cliff" with 50-70% drawdowns, the report noted.The price action "suggests demand from more resilient capital," the analysts led by Gautam Chhugani wrote."Bitcoin’s digital gold thesis has strengthened driven by growing institutional adoption - institutional flows via ETFs and corporate treasuries," the authors wrote.Still, tariffs are bad news for the miners. They impact the...

Meme coin traders are howling at the moon over tokens linked to Colossal Biosciences’ “revival” of the extinct breed.Source link

On Tuesday, XRP is currently priced at $1.86 to $1.90, with a total market capitalization of $110.90 billion and a 24-hour global trading volume of $5.579 billion. The cryptocurrency’s intraday trading range has fluctuated between $1.83 and $1.97, positioning it 43.9% below its all-time high of $3.40. XRP On the one-hour chart, XRP is demonstratingSource link

The DAO running Aavegotchi, a niche non-fungible token (NFT) game, voted overwhelmingly to migrate the entire ecosystem to Base from Polygon, a move reflecting shifting developer and user sentiment in the broader Ethereum layer-2 landscape.With 93.25% of the vote in favor, the proposal — titled “Make Aavegotchi Based Again” — lays out plans for a full deployment on Base, the Coinbase layer-2 blockchain that has gained traction among decentralized applications.All Aavegotchi NFTs, wearables, game assets and smart contracts will be cloned and relaunched on Base, according to the proposal, with legacy assets on Polygon set to remain viewable but frozen to prevent transfers or updates.The migration comes amid a steep decline in Polygon usage. According to data from DeFiLlama, total...