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Showing posts with the label trade war

Bitcoin ETF Inflows Jump 146% Amid 3-Day Streak: Is Bull Market Nearing?

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It has been a fantastic start to the week for the leading cryptocurrency, as it has bounced back in a major way. Moreover, Bitcoin ETF inflows have increased 146% amid an ongoing 3-day streak, leaving many to question if a bull market is nearing for the asset class. The token had briefly broken through the $94,000 mark as it has been increasing steadily over the last two days. Indeed, it has been fueled by a shifting sentiment that has benefited a host of financial markets. Therefore, could there be even more gains approaching for the token? Source: Watcher Guru Also Read: Deutsche Bank, Standard Chartered Eye Expanded US Crypto Operations Bitcoin ETFs Continue Bounce Back as Sentiment Is Starting to Shift Tuesday proved to be major for Bitcoin, as the asset has been surging. It officially overtook Google as the fifth-largest asset in the world. Moreover, it has shown signs that increased price movement could be in its future. Specifically, its investment fund has been doing increasing...

Ray Dalio Warns Trump Tariffs May Unleash Crisis Beyond Recession As Michael Saylor Eyes More Bitcoin

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Michael Saylor is signaling plans to buy more Bitcoin even as billionaire investor Ray Dalio warns that Trump tariffs could unleash something “worse than a recession.” “I think that right now we are at a decision-making point and very close to a recession,” said the Bridgewater Associates founder during an interview with NBC’s Meet the Press yesterday. “And I’m worried about something worse than a recession if this isn’t handled well.” Dalio Says Monetary Order Breaking Down During the interview, Dalio, who predicted the 2008 financial crisis, said that the current global financial sector is undergoing something “much more profound” than a recession, which is just two negative quarters of GDP.  Dalio’s prediction is based on his belief that the monetary order is breaking down, comparing the current times to those just before the Great Depression in the 1930s.  He subsequently warned that history coul...

Bitcoin sell-off: 19k holders flee amid Trump trade war

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President Trump’s ‘Liberation Day’ tariffs yesterday wiped roughly $140 billion from the cryptocurrency market within a matter of hours. Notably, the announcement of the new duties being imposed caused an immediate sell-off from short-term Bitcoin (BTC) holders. To be more precise, short-term traders sold a total of 18,930 Bitcoins in the immediate aftermath of the trade war’s latest chapter, per a chart shared on April 3 by noted crypto chart researcher Ali Martinez on X. The multicolored Spent Output Age Bands (SOAB) chart delineates liquidations based on position age. Traders who had been holding Bitcoin for one to three months sold 3,113 BTC, while those who had been holding for three to six months sold slightly less of the cryptocurrency — 2,737 Bitcoins, to be exact. Picks for you WhiteBIT Nova surpasses 1 million transactions   ...

Trump Threatens Trade War: Warns of 100% Tariffs on BRICS

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Speaking live today, US President Donald Trump threatened a potential trade war as he reinforced his 100% tariff threat to the BRICS alliance. Indeed, Trump spoke on the implications of their continued efforts to de-dollarize and settle trade in local currencies. The threat mirrors similar sentiments Trump made throughout his campaign or reelection last year. Indeed, he had already threatened that BRICS would be subject to import taxes if they continued to encourage global trade to be settled outside of the greenback. Now, he has once again reaffirmed those impending consequences. JUST IN: President Trump says "BRICS will be hit if they play with the dollar." pic.twitter.com/BjzPtQNosh — BRICS News (@BRICSinfo) February 13, 2025 Also Read: BRICS: US Trade War, Tariffs Has Global Markets Preparing For The Worst Trump Issues 100% Tariff Warnings to BRICS, “If They Want to Play Games With the Dollar.” Last year, Donald Trump spoke adamantly about the importance of keeping the ...

US Inflation Rises to 3% in January 2025

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In what is a concerning development for Americans, US inflation has officially risen to 3% for January 2025. Indeed, the data from the Bureau of Labor Statistics Consumer Price Index (CPI) has arrived above what many analysts had expected. Moreover, it is up slightly from December’s 2.9% inflation rate. The monthly figures are important as the Federal Reserve continues to develop its plan forward with regard to interest rate cuts. Just this week, Fed Chair Jerome Powell discussed the next potential cuts. Specifically, he noted that the country didn’t “need to be in a hurry.” Conversely, January’s inflation is the highest record mark since June 2024. BREAKING: US inflation rises to 3%, higher than expectations. — Watcher.Guru (@WatcherGuru) February 12, 2025 Also Read: US Stocks: Nasdaq, S&P 500 Slip Amid Tariffs, Inflation Data US Inflation Jumps Again to 3% to Kick Off 2025 Over the last several weeks, the US economy has been confronted with what cou...

BRICS: China Prepared for Trade War With US, Experts Say

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Amid an ongoing standoff with the BRICS alliance and the West, China is reportedly prepared for a trade war with the US, experts have said. Indeed, US President Donald Trump has reiterated his intention to tariff the economic alliance. In a recent proclamation, he requested a “commitment” to the US dollar in order to prevent the tariffs. The arrival of such tariffs could have dire implications for the collective. However, the bloc has continued to say its intention is to not target the US dollar. Specifically, several BRICS nations have noted its desire is to only increase international economic participation from nations in the global south. To do that, the group has sought to increase the use of its own native currencies in global trade. Source: Global Times Also Read: BRICS: China Oil Output Hits 400M Tons Amid Record Growth China Prepared for Trade War With US As Trump 100% Tariffs Loom The last few months have seen geopolitical tension between the US and the global sout...