Just minutes before midnight on Thursday, U.S. President Donald Trump ushered in his updated tariff policy, gleefully proclaiming, “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Bitcoin Shows Little Reaction to Trump’s New Trade Tariffs Call it tariff fatigue, but even after the Trump administration’s contentious trade
The Bitcoin (BTC) derivatives market is gearing up for a potential blow to overleveraged buyers if the price turns in the wrong direction. According to fresh data from CoinGlass, around $172 million in long positions could be at risk if BTC falls toward its monthly “maximum pain” zone, which is currently located near $109,736 —
Bitcoin is trading at $116,779 apiece on Aug. 8, 2025, with a market capitalization of $2.32 trillion and a 24-hour trading volume of $38.10 billion. The cryptocurrency moved within a narrow intraday range of $116,112 to $117,596, reflecting a consolidation phase after recent price swings. Bitcoin On the daily chart, bitcoin has rebounded sharply from
Bitcoin continues to consolidate above the $116K level as bulls attempt to defend critical support following a pullback from the $123K all-time high. While the broader uptrend remains intact, recent price action reflects uncertainty and tightening range dynamics. With macroeconomic tensions rising and risk sentiment mixed, BTC’s next major move could be triggered by key
Panama City Mayor Mayer Mizrachi has expressed strong support for a proposal that would allow ships to pay reduced Panama Canal fees if they settle in Bitcoin. In an Aug. 7 post on X, Mizrachi described the idea as “brilliant” and expressed hope that the Panama Canal Authority would adopt it. Max Keiser, an advisor
Story Highlights The Genius Act, signed by President Trump, has added $9.11B to the stablecoin market in just 23 days. Yield-bearing stablecoins like USDe are driving most of the growth despite US restrictions Analysts predict the stablecoin market could hit $300B by year-end as corporate interest rises. The GENIUS Act has sparked a big boost
Leading cryptocurrency Bitcoin (BTC) is stuck in a narrow range. Having been on a downward trend since reaching its ATH of $123,000 in mid-July, BTC has failed to break through resistance levels. While a major breakout isn’t expected until September due to the historic summer slump, Capriole Investments founder Charles Edwards said Bitcoin’s current price
United States President Donald Trump signed an executive order on Thursday opening the door for Americans to include crypto and other alternative assets in their 401(k) retirement accounts and other defined-contribution plans, a policy shift that has sparked optimism and caution from the crypto industry. Trump’s executive order directs the US Labor Department to reevaluate
Story Highlights Greg Kidd closes the $100 million deal with 81% control of Know Labs. Goldeneye contributes to 1,000 Bitcoin plus approximately $15 million in cash for the purchase. The Know Labs and the former Chief Revenue Officer (CRO) of Ripple, Greg Kidd, announced the successful closing of the $100 million strategic acquisition with Mr.