Bitcoin Sees Unexpected Growth Amid High-Level US-China Talks

The trade talks could reshape global tech supply chains, impacting sectors from AI to agriculture, and influence digital asset markets. The post Trump leads delegation of 17 executives to Beijing for trade talks appeared first on Crypto Briefing.

Saylor's Bitcoin strategy could yield high returns but poses significant risks, especially if Bitcoin's value declines over an extended period. The post Strategy’s Michael Saylor plans aggressive Bitcoin purchases over next four years appeared first on Crypto Briefing.

China is worried A.I. companions could be a drag on productivity. On “Interesting Times,” Kyle Chan, a foreign policy fellow at the Brookings Institution, tells the Opinion columnist Ross Douthat that the government thinks youth “should be engineering the future and building out the start-ups and the future Chinese versions of SpaceX.”

What if you weren’t worried about A.I. taking your job? That seems to be closer to the reality in China, where keeping pace with the new technology is a much bigger focus than economic disruption. On “Interesting Times,” Kyle Chan, a foreign policy fellow at the Brookings Institution, explains how the countries differ in their anxieties over artificial intelligence.

The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. The Clarity Act advanced out of the Senate Banking Committee on Thursday in a 15 to 9…

Bitcoin's resilience amid inflation-driven market turmoil highlights its potential as a hedge, attracting institutional interest and ETF flows. The post Bitcoin holds above $80,000 as stocks sink and Treasury yields climb on hot inflation data appeared first on Crypto Briefing.

The post Japanese Yen rallies amid strong US data and rising yields appeared on BitcoinEthereumNews.com. The USD/JPY pair advances toward the 158.30 region on Friday, reaching its highest level in nearly two weeks as the United States (US) Dollar (USD) strengthens following resilient US economic data and rising Treasury yields. The latest US Retail Sales report showed consumer spending rose 0.5% in April, reinforcing confidence in the resilience of the US economy despite elevated borrowing costs and persistent inflation pressures. The stronger-than-expected data added to recent gains in the Greenback and supported expectations that the Federal Reserve (Fed) may keep interest rates higher for longer. On another note, White House economic adviser Stephen Miran resigned from his position on the Fed Board, increasing uncertainty surrounding the future direction of US economic policy. Markets interpreted the development as potentially reducing pressure for a more dovish policy approach, hel

The post EU-China trade: Pragmatic stance and targeted risks – Standard Chartered appeared on BitcoinEthereumNews.com. Standard Chartered economists Christopher Graham and Carol Liao discuss the EU’s widening trade deficit with China, highlighting the autos sector as a key example of the imbalance. They note EU efforts to expand its trade policy toolkit and industrial strategy, while expecting China to maintain a restrained, pragmatic approach that preserves trade ties but leaves room for targeted actions. EU weighs broader trade policy response “EU officials are growing increasingly concerned with the bloc’s widening trade deficit with China. Although largely due to higher import volumes, it is also being driven by weakening export volumes to China.” “The autos sector has become symbolic of this trade shortfall, with EU vehicle imports from China increasing 10-fold since 2019, while EU exports to China have fallen sharply in the past few years.” “EU officials have cited overcapacity i