17 days ago
17 days ago
(E)
🔴 Crypto Crash Triggered by Trump’s 104% Tariffs on China?!
🇺🇸 The White House has confirmed the implementation of 104% tariffs on China, which appears to have triggered a significant downturn in the crypto market. After briefly spiking to $79,000, Bitcoin dropped to $76,000, leading to $300M in liquidations across the crypto space.
🇨🇳
These tariffs could heavily impact the markets, especially publicly traded crypto-related companies. For example, MicroStrategy’s stock has dropped over 11%, while #coinbase , Robinhood, and major Bitcoin mining firms have seen declines of around 5%. This might just be the beginning of further downside.
#china #Cryptocrash #WhiteHouse #bitcoin
🇺🇸 The White House has confirmed the implementation of 104% tariffs on China, which appears to have triggered a significant downturn in the crypto market. After briefly spiking to $79,000, Bitcoin dropped to $76,000, leading to $300M in liquidations across the crypto space.
🇨🇳
These tariffs could heavily impact the markets, especially publicly traded crypto-related companies. For example, MicroStrategy’s stock has dropped over 11%, while #coinbase , Robinhood, and major Bitcoin mining firms have seen declines of around 5%. This might just be the beginning of further downside.
#china #Cryptocrash #WhiteHouse #bitcoin
20 days ago
MEET CHUN WANG!
This trailblazer just made HISTORY by becoming the FIRST human to purchase and command a space mission exploring EARTH'S POLES!
But that's not all! Chun's impressive resume includes:
Founding the FIRST Bitcoin mining pool in CHINA, still one of the world's largest to this day!
And to top it off, he made a killing in the early days of Bitcoin, investing when it was worth just $1!
Talk about a cosmic comeback story! Who knows what's next for this space pioneer?
#ChunWang #SpaceExploration #bitcoin #MiningLegend #Trailblazer
This trailblazer just made HISTORY by becoming the FIRST human to purchase and command a space mission exploring EARTH'S POLES!
But that's not all! Chun's impressive resume includes:
Founding the FIRST Bitcoin mining pool in CHINA, still one of the world's largest to this day!
And to top it off, he made a killing in the early days of Bitcoin, investing when it was worth just $1!
Talk about a cosmic comeback story! Who knows what's next for this space pioneer?
#ChunWang #SpaceExploration #bitcoin #MiningLegend #Trailblazer
1 month ago
🚨💥BREAKING:
China is reportedly considering a major purchase of Bitcoin! This strategic move aims to dive deeper into digital assets and boost its presence in the global cryptocurrency market.
📈💰 Get ready for some big changes in the crypto landscape!
#bitcoin #crypto #china #DigitalAssets
China is reportedly considering a major purchase of Bitcoin! This strategic move aims to dive deeper into digital assets and boost its presence in the global cryptocurrency market.
📈💰 Get ready for some big changes in the crypto landscape!
#bitcoin #crypto #china #DigitalAssets
1 month ago
🔥 INSIGHT: The US holds the largest government Bitcoin reserves with 198,109 BTC, closely followed by China, which has 190,000 BTC.
Will more states be joining the Bitcoin race soon? 👀
#bitcoin #US #bitcoinreserve #china
Will more states be joining the Bitcoin race soon? 👀
#bitcoin #US #bitcoinreserve #china
1 month ago
(E)
🚨 🇨🇳 China unveils Zuchongzhi-3 quantum supercomputer claimed to be one quadrillion times faster than the world's most powerful supercomputer, raising questions about Bitcoin and blockchain security.
Source:
https://thequantuminsider....
https://journals.aps.org/p...
#bitcoin #Blockchain #china #supercomputer
Source:
https://thequantuminsider....
https://journals.aps.org/p...
#bitcoin #Blockchain #china #supercomputer
2 months ago
Bitcoin's weekend gains vanished as the Federal Reserve warned of a potential recession.
Bitcoin Drops 10% As Recession Seems Near
The price of Bitcoin has shown extreme volatility over the past few days. Last week, the Crypto Fear and Greed Index hit its lowest level since 2022, and Bitcoin looked very bearish due to several key factors.
Yesterday, Trump announced a crypto reserve that caused token prices to pump. However, that forward momentum has completely vanished today.
There are a few reasons that Bitcoin is looking so bearish right now. Essentially, Trump’s announcement may have only slapped a bandage on a very serious wound.
Last week, Bitcoin ETFs had their worst week ever, with $2.7 billion in outflows, as the Federal Reserve Bank of Atlanta predicted a 1.5% GDP decrease. Today, it has become even more pessimistic.
The Fed is now predicting that the US GDP will shrink 2.8% by the end of Q1 2025. From an economic perspective, this is apocalyptic compared to its predictions four weeks ago, which showed 3.9% growth.
Another important factor contributing to Bitcoin’s volatility is President Trump’s proposed tariffs. Some analysts have theorized that they aren’t the main cause, and that’s probably true.
However, the crypto market crashed when Trump recently announced 25% tariffs on the EU, joining ones on Canada, Mexico, and China.
If the US economy enters a recession, however, the downsides of that integration will fully reveal themselves.
#bitcoin #CryptoReserve #crypto #Trump #recession #USGDP #FED #bearish #Cryptocrash
Bitcoin Drops 10% As Recession Seems Near
The price of Bitcoin has shown extreme volatility over the past few days. Last week, the Crypto Fear and Greed Index hit its lowest level since 2022, and Bitcoin looked very bearish due to several key factors.
Yesterday, Trump announced a crypto reserve that caused token prices to pump. However, that forward momentum has completely vanished today.
There are a few reasons that Bitcoin is looking so bearish right now. Essentially, Trump’s announcement may have only slapped a bandage on a very serious wound.
Last week, Bitcoin ETFs had their worst week ever, with $2.7 billion in outflows, as the Federal Reserve Bank of Atlanta predicted a 1.5% GDP decrease. Today, it has become even more pessimistic.
The Fed is now predicting that the US GDP will shrink 2.8% by the end of Q1 2025. From an economic perspective, this is apocalyptic compared to its predictions four weeks ago, which showed 3.9% growth.
Another important factor contributing to Bitcoin’s volatility is President Trump’s proposed tariffs. Some analysts have theorized that they aren’t the main cause, and that’s probably true.
However, the crypto market crashed when Trump recently announced 25% tariffs on the EU, joining ones on Canada, Mexico, and China.
If the US economy enters a recession, however, the downsides of that integration will fully reveal themselves.
#bitcoin #CryptoReserve #crypto #Trump #recession #USGDP #FED #bearish #Cryptocrash
2 months ago
JUST IN 🚨 China's Supreme Court And Judicial Authorities Have Gathered To Discuss How To Handle Crypto Legal Cases 🇨🇳
#crypto #china #CryptoLegal #freecrypto
#crypto #china #CryptoLegal #freecrypto
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10 months ago