Trump confirms US is in a trade war with China

Trump confirms US is in a trade war with China

Asked by reporters whether the US is preparing for a trade war with China, US President Donald Trump responded: “Well, we’re in one now.” US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week. “Well, we’re in one…

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3 reasons why a Bitcoin rally to 5K could be delayed

3 reasons why a Bitcoin rally to $125K could be delayed

Friday’s flash crash reduced short-term risk appetite but did not affect Bitcoin’s long-term potential, possibly delaying a new all-time high by weeks or even months. Key takeaways: Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion. Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates…

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ETH, BNB, DOGE lead as crypto market cap rebounds to T

ETH, BNB, DOGE lead as crypto market cap rebounds to $4T

Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip. Total crypto market capitalization soared back over $4 trillion on Sunday, with Ether, BNB and Dogecoin posting double-digit gains after Friday’s market crash that wiped out nearly $500 billion in…

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Stablecoin boom risks ‘cryptoization’ as fragmented rules leave economies exposed — Moody’s

Stablecoin boom risks ‘cryptoization’ as fragmented rules leave economies exposed — Moody’s

Moody’s warns “cryptoization” is undermining monetary policy and bank deposits in emerging markets amid uneven regulatory oversight. As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings.  The credit rating service warned that widespread use of stablecoins — tokens…

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Huawei announces new AI infrastructure as Nvidia gets locked out of China

Huawei announces new AI infrastructure as Nvidia gets locked out of China

Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia.   At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link together up to 15,000 graphics cards, including Huawei’s Ascend AI chips, to increase compute power.  This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips.   Technology like this is critical for…

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