Crypto News
US Treasury Sanctions Tron Wallets That Used Tether to Support Houthis
Eight crypto wallets used by financial facilitators of the Houthis were identified and sanctioned by the United States Treasury.Source link
Bitcoin Drops as Trump Pushes Forward With Global ‘Reciprocal’ Tariffs
The president had dubbed his self-imposed tariff deadline “Liberation Day.”Source link
Bitcoin ETFs Face Heavy Sell-Off With $158 Million Exit
Bitcoin exchange-traded funds (ETFs) extended their outflow streak with a $158 million exit, marking three straight days of declines, while ether ETFs lost $3.6 million after two brief days of inflows. Bitcoin ETFs Extend Losing Streak With $158M Outflow As Ether ETFs Also Retreat The bleeding continued for bitcoin ETFs on the first day ofSource link
President Trump to Order ‘Reciprocal Tariffs’ to Begin at Midnight
In a Rose Garden ceremony on Wednesday, U.S. President Donald Trump said he intends to immediately sign an order for "reciprocal tariffs" to be levied against U.S. trading partners."Our country and its taxpayers have been ripped off for more than 50 years but it’s not going to happen anymore," said Trump, adding that the tariffs will begin at midnight.The first specific tariff announced at the ceremony was a 25% levy on all foreign-made autos.Among country-specific tariffs: China will see a rate of 34%, Vietnam 46%, Taiwan 32% South Korea 25%, Switzerland 31%.The price of bitcoin (BTC) initially rose in the ceremony's early stages, but began to give ground as the tariffs were detailed. The price has retreated to $86,000, down...
Trump’s Crypto Conflicts Dominate Stablecoin Legislation Debate
Capitol Hill sources say, though, that the pushback has not meaningfully changed the calculus of the bill’s bipartisan support.Source link