ars Technica AI·
Xi meeting may force Trump to pivot on semiconductor tariffs and Taiwan.
Read full articleEthereum’s price action has been closely tied to macro liquidity conditions and institutional risk appetite. Ethereum (ETH) is currently positioned at a critical juncture as broader crypto markets attempt to sustain bullish momentum alongside improving equity market sentiment. After Bitcoin…
The post BTC USD Price Falls Below $80K as Taiwan Tensions Weigh appeared on BitcoinEthereumNews.com. The BTC USD price fell to $79,200, down 2.3% over 24 hours, after Chinese President Xi Jinping warned Donald Trump of potential “collision or even clashes” over Taiwan during their summit in Beijing, the first visit to China by a sitting U.S. president in nearly a decade. The move broke the $80,000 Bitcoin floor that had held for most of the past week and arrived on top of two consecutive upside inflation prints that have materially complicated the Federal Reserve’s path to rate cuts. The analytical question is no longer whether Bitcoin can reclaim $82,000; it is whether $78,000 holds if the summit’s second day delivers another geopolitical jolt. Spot Bitcoin ETFs saw $630M in net outflows on Wednesday alone, the largest single-day withdrawal since late January, bringing the five-session total to approximately $1.26Bn. That scale of institutional redemption, running concurrently with a
The post Morning Minute: What’s At Stake with Trump in Beijing appeared on BitcoinEthereumNews.com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors are red after hot CPI; BTC -1.5% at $79.3k BTC ETFs see $630M in net outflows, most since January Schwab officially began rollout of spot crypto trading Claude helps user find $400k in BTC lost for 11 years Myriad adopts Chainlink as it moves deeper into real-time markets 🇨🇳 What’s At Stake with Trump in Beijing Trump landed in Beijing on Wednesday for his first visit to China since 2017, a two-day summit with Xi Jinping that carries more weight than any U.S.-China meeting in nearly a decade. The agenda covers five interconnected crises simultaneously: the Iran war and Hormu
Trump's in Beijing for the biggest potential market-moving event of the year, while Claude helped one lucky user recover $400,000 in Bitcoin.
The post US Treasury Secretary Bessent: Trump told Xi that he wants to open up China appeared on BitcoinEthereumNews.com. United States (US) Treasury Secretary Scott Bessent said during the European trading session on Thursday regarding the outcome of the meeting between President Donald Trump and Chinese leader Xi Jinping that both nations are trying to balance trade out. Additional remarks US has a stronger position because of our trade deficit with China. Will also discuss board of investments, that will cover non-strategic and non-sensitive areas where China can invest. Think we’re going to see large Boeing orders. Also talked about China buying more energy today. Thinks China will do what it can on the Strait of Hormuz. The reopening of the strait benefits China. Believes that China will work behind the scenes to the best of their capabilities. FX Implications The US Dollar Index (DXY) and S&P 500 futures remain broadly calm despite positive commentary from US Treasury Secretary B
The post Gold Price Forecast: Stable at $4,700 as markets await news from Trump-Xi meeting appeared on BitcoinEthereumNews.com. Gold (XAU/USD) is trading flat on a particularly calm market session on Thursday, with investors awaiting developments from a two-day summit between US President Donald Trump and his Chinese counterpart, Xi Jinping, in Beijing. Safe-haven flows triggered by the uncertainty about the ceasefire in Iran and higher US Treasury yields, following hot US inflation figures earlier in the week, are providing support to the Greenback. Still, traders are reluctant to take decisive positions ahead of the outcome of the high-stakes summit in China. Trump affirmed that the first meeting with Xi was “great” after two hours of talks held earlier on Thursday. Reports by Reuters, citing White House sources, say that both leaders agreed on the need to reopen the Strait of Hormuz, whose closure has boosted Oil prices by more than 40%. The same source also affirmed that the status
Suspending the gas tax may offer short-term relief but risks long-term infrastructure funding gaps, prompting debates on sustainable financing. The post Trump proposes federal gasoline tax pause amid Iran war energy costs appeared first on Crypto Briefing.
Fixating on questions of whether Altman is untrustworthy, or whether Musk is even less so distracts from a far deeper problem with AI If it wasn’t already clear, Elon Musk and Sam Altman hate each other. While the two men were once cofounders of OpenAI, they’re now locked in a vicious feud, playing out in all its theatrics in front of a judge and jury in a California courtroom. Musk is suing, alleging that Altman and OpenAI president Greg Brockman tricked him into forming and funding the organization as a non-profit before they subsequently restructured it to have a for-profit entity. OpenAI says Musk was well aware of those plans and frames the lawsuit as an attempt to derail a competitor. Continue reading...
