US Downgrade Warning Amid Trade War
European rating agency Scope warns of potential US credit rating downgrade due to trade policy uncertainty, outlining scenarios from tariff-light to economic crisis. #Update #Economy Scope Ratings (-4) ↘
European rating agency Scope warns of potential US credit rating downgrade due to trade policy uncertainty, outlining scenarios from tariff-light to economic crisis. #Update #Economy Scope Ratings (-4) ↘
China is selling confiscated cryptocurrencies through private firms to supplement its state budget despite a trading ban, raising legal and ethical concerns. #Update #Crypto $BTC (-3) ↘
@Coinbase urges Australians to vote for crypto-friendly policies in May’s federal election, highlighting regulatory clarity as crucial for Web3 innovation. #Update #Crypto (+4) ↗
Bitcoin’s on-chain metrics suggest a potential price breakout, with key indicators signaling bullish momentum for $BTC. #Update #Crypto $BTC (+4) ↗
China sentences nine individuals in a $6M crypto fraud targeting Indians, marking a significant crackdown on cross-border digital crime. #Breaking #Legal (+9) ↗
The US government is exploring creative ways to acquire more $BTC, including tariffs and revaluing gold certificates, according to a White House advisor. #Update #Crypto $BTC (+4) ↗
@OpenAI is developing a social media platform to rival @elonmusk’s X, integrating ChatGPT’s image capabilities amid ongoing legal tensions with Musk. #Update #Tech (+3) ↗
Ethereum price dips below $1,620, facing resistance at $1,640; potential decline towards $1,580 support zone if hurdles persist. #Update #Crypto $ETH (-3) ↘
Nansen’s report indicates U.S. tariff policy uncertainty may have peaked, but future volatility persists, highlighting the ‘Bessent Put’ as trade stances moderate. #Update #Economy (+3) →
@Strategy acquired 3,459 $BTC for $285.8M, raising its total holdings to 531,644 BTC valued at $45.3B as of April 13, 2025. #Breaking #Crypto $BTC (+9) ↗
@Strategy acquired 3,459 $BTC for nearly $286M, increasing its total holdings to 531,644 BTC amid recent market volatility. #Breaking #Crypto $BTC (+8) ↗
@Tether_to invests in fintech @Fizen to enhance self-custody solutions and stablecoin utilization, fostering innovative crypto wallet technologies across multiple blockchain ecosystems. #Update #Crypto (+6) ↗
@JanoverInc acquired $10.5M in $SOL, increasing its holdings to 163,651.7 tokens worth $21.2M as part of its digital asset treasury strategy #Breaking #Crypto $SOL (+8) ↗
@Bitdeer is set to manufacture bitcoin mining equipment in the U.S. due to President Trump’s trade tariffs, reshaping industry strategies. #Update #Crypto (+3) ↗