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In a dramatic escalation of trade tensions, the White House has announced a 104% increase in tariffs on select Chinese imports, reigniting fears of a global economic slowdown. The move sent ripples through financial markets—including crypto, where Bitcoin (BTC) dropped 3% in early trading. The tariff hike, which targets a wide range of goods from electronics to industrial components, is …

As former U.S. President Donald Trump ramps up his rhetoric around renewed tariff policies, Binance CEO Richard Teng believes the fallout could accelerate global interest in cryptocurrencies. Speaking at a recent fintech conference, Teng pointed to rising geopolitical and economic uncertainty—particularly the potential for tariffs to disrupt markets and devalue fiat currencies—as a catalyst for increased adoption of digital assets. …

Cryptocurrencies extended their decline this week as mounting global trade tensions and fears of prolonged tariffs sent shockwaves through risk assets. Bitcoin (BTC) and Ether (ETH), often touted as alternative hedges, failed to escape the market-wide pullback. As of Tuesday morning, Bitcoin was down over 4% on the week, slipping below the $65,000 mark, while Ether fell nearly 6%, trading …

The European Securities and Markets Authority (ESMA) has issued a stark warning on the potential risks posed by crypto assets, highlighting their capacity to exacerbate financial instability in the face of mounting geopolitical pressures. In its latest Trends, Risks, and Vulnerabilities (TRV) report, ESMA points to the increased interconnectedness between the traditional financial system and digital asset markets, noting that …

Ukraine has introduced a new tax framework targeting virtual assets, setting an 18% income tax rate on crypto-related gains—bringing digital assets in line with traditional income sources. The legislation, recently signed into law, marks a significant step toward formalizing Ukraine’s approach to digital assets, both as an economic opportunity and a taxable commodity. Under the new rule, individuals and businesses …