Tariffs, tariffs, tariffs.
Trump’s import levies again, out again, dominated the week. At first, tariffs sent actions and cryptographic appreciably lower. In the end, with all the new rates that are not from China they stopped for 90 days, the markets rose again.
Bitcoin returned to a level ($ 82,000) that was currently last week. And the analysts discussed whether, in panic of the previous days, it showed qualities of “safe refuge” (like gold) or if it was a risk asset like many others. The consensus was that Bitcoin served resistant instead of calmly.
Our Asia report team led the way in the coverage of our markets. Omkar Godbole began the strong week by revealing how the unwinding of “base trade” could affect the price of Bitcoin. Sam Reynolds wrote about how Kalshi was ready to win his legal battle in Nevada, hours before the prediction market obtained his first victory in the state. Shaurya Malwa reported the first ETF XRP list in the USA. And how the Teucrium leverage fund received $ 5 million during its first day of negotiation.
From our European team, there was a timely analysis of James Van Straten, and the important 10 -year performance of the United States. With the scoop of Jamie Crawley, Rootstock prepares to launch SDK for Bitcoin Layer 2s using Bitvmx after taking advantage of the opportunity offered by a press release embarked to call the company and interview the founder. Hyperliquid vault evaporated on concerns about centralization.
Meanwhile, there were many news that were not related to the rate.
Paul Atkins was confirmed as the new president of the SEC. The Department of Justice closed its cryptography compliance unit, which caused criticism, democrats and others, which is not about fighting embezzlement. The SEC approved the ETF options of ETF, after a long delay. And President Trump ended a controversial accounting rule defi.
It was a week that showed how cryptography was increasingly central to finance and even macroeconomy. The funny times are ahead.
