U.S. President Trump has announced a 30% tariff on goods imported from the European Union and Mexico, effective August 1st. The announcement, reported by WuShuo, signals a potential escalation in international trade tensions. #crypto #blockchain #news
New Cynic analysis: MicroStrategy’s Bitcoin strategy is pioneering “programmable balance sheets” for corporations. Effective execution can boost stock & asset value by turning Bitcoin volatility into financing advantages. Key: issue equity when stock price > net asset value. Full report here: link #crypto #blockchain #news #BTC #Bitcoin
BlockFi settled a $3.5M crypto asset dispute with the DOJ, ending the lawsuit. This was separate from its bankruptcy. BlockFi previously reached an $875M claim settlement with FTX & its reorganization plan was approved in Sept '23. (Cointelegraph) #crypto #blockchain #news
Robinhood chose Arbitrum for its potential in MEV & fee capture, says Offchain Labs CEO. Key factors: technical flexibility & a focus on improving user experience (90% of effort!). Tokenizing stocks on-chain is a new frontier blending DeFi & TradFi. #crypto #blockchain #news
2yr-dormant Ethereum wallet just woke up! 51,431 ETH ($1.52B) consolidated into one address. Coins were bought for ~$150 each – a 20x increase! 🚀 via EmberCN #crypto #blockchain #news
DV8, a Thai listed company, is restructuring its board with leaders from crypto & finance! New members include advisors to the Thai Senate, ex-Fortune buyer, & CEOs from Moon Inc., UTXO Management & Sora Ventures. A 12-month lock-up shows commitment to DV8’s SE Asia fintech hub plans. #crypto #blockchain #news
Hyperliquid hits record $10.6B+ open interest! 🚀 HYPE token up 18.2% in a week to $46.17 (Coingecko). Now trading on Bybit! #DeFi #Hyperliquid #HYPE #crypto #blockchain #news
Crypto.com expands in Dubai! 🤝 Now partnering with Dubai Duty Free to accept crypto payments online & in-store for travelers. This follows a similar deal with Emirates airline, integrating Crypto.com Pay. #crypto #dubai #fintech #blockchain #news
Large ETH short bet placed overnight: ~$110M wager against Ethereum using 15x leverage. 37k ETH shorted at $2,969, liquidation price $3,079. Data via @EmberCN & Wu Blockchain. #crypto #blockchain #news
Qian Xun Technology & Lhua Securities are partnering to apply for a Hong Kong virtual asset trading license. They’ll also explore using stablecoins to settle used electronics transactions & cut cross-border payment costs. #HongKong #stablecoins #fintech #crypto #blockchain #news