Trump Tariffs, XRP ETF, and More
This week, the crypto market recorded several important developments, from U.S. trade policy and token lists to blockchain and regulatory advancements. Highlights show how the global cryptocurrency ecosystem continues to move forward.
Here is a review of the key developments that took place this week, but will continue to shape the industry.
Trump’s tariffs shake global markets
U.S. President Donald Trump stirred up global trade markets earlier this week, proposing tariffs on Canada, Mexico and China. This round Trade restrictions Aim to protect domestic industries.
Canada and Mexico retreated after the initial announcement, resulting in temporary delays in certain tariff applications. Especially Mexico has obtained Short-term probation With new negotiations between the two countries and the U.S. government.
“We had a good conversation with President Trump and respect our relationship and sovereignty; we reached a series of agreements. Our team will start today on two fronts: security and trade. Tariffs will be suspended from now on one day. Month,” Mexican President Claudia Simbam shared On X (Twitter).
Against this background, analysts observe Bitcoin’s Coinbase Premium Index reaches 2025indicating an increase in demand in North America. Investors appear to be moving to Bitcoin to hedge against the economic instability that these trade policies may cause.
At the same time, China revenge10% tariffs are imposed on crude oil and agricultural machinery in the United States. While this rekinds fear of another trade war, some analysts debate China’s latest tariffs may not have the serious impact of initial concerns.
UAE digs Shiba Inu
Beincrypto also reported that the United Arab Emirates (UAE) is promoting its positive progress as a global leader in Web3 adoption. This week, shiba inu (Hebrew)choose Integrate blockchain into various government services. The partnership will promote cross-sector blockchain-based solutions that increase efficiency and Safety.
“By adopting emerging technologies, our goal is to set a global benchmark for innovation and provide transformative solutions that benefit our citizens and the wider community,” said his Deputy Minister for Energy and Petroleum Affairs, Engrency Engrency Engrency Engrency Eng Sharif Al Olama, his Deputy Minister for Energy and Petroleum Affairs. ,,,,, statement.
Apart from this collaboration, the UAE remains one of the most friendly jurisdictions Tax exemption policy Used for digital asset companies. The country does not have a corporate tax on cryptocurrency operations, thus attracting global blockchain companies and talent to position itself as a key player in the digital economy.
The price of Shiba INU briefly soared after the announcement. At press time, the meme coins traded at $0.00001563.
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Coinbase considers two altcoins for listing
Coinbase, The largest crypto exchange in the United Statesin it Checklist roadmap. The value of the token soared nearly 40% after the announcement, reflecting the typical price action the assets see when visibility is gained on major exchanges.
Historically, in Coinbase or Binance Exchange Due to the increase in accessibility and liquidity, it is inclined to witness a significant appreciation of prices. For example, Binance recently added AI-powered Altcoins Causes price peaks across the industry. same, Tosy Tokens soared on Coinbase listing announcements.
Recognizing this situation, investors often monitor these listing announcements by calculating capital utilization expected returns.
Redistribution of SEC litigants
U.S. Securities and Exchange Commission (SEC) Redistribute its main litigation proceedings To the IT department of the agency. However, it is surprising that litigant Jorge Tenreiro is crucial in the high-profile Ripple (XRP) case.
Ripple has been in legal battle with the SEC Classify XRP as security. Redistribution indicates a possible shift in regulatory priorities. Specifically, it has attracted speculation that the SEC may be regressing from its aggressive approach to XRP. This also means that a long-term case may end.
Indeed, the committee gave some hints that it would abandon the ripple effect. Recently, SEC has completely Removed lawsuits from its website. The reallocation of Tenreiro to a role related to non-transparency further suggests that the lawsuit may be about to end.
These changes are the recent resignation of the former SEC chairman Gary Genser. SEC specialist replaces him Mark Uyeda intervenes in the makeshift chairit is possible for Paul Atkins.
UBS brings gold transactions to blockchain
UBS reveals a list of interesting things that happened to crypto this week. Beincrypto reports Swiss bank giant Comprehensive gold transactions with blockchain technology.
The bank utilizes Ethereum’s ZKSYNC layer to facilitate secure and transparent gold transactions on the blockchain. This marks another important step in Traditional Finance (TradFI) using decentralized ledger technology.
UBS’s move can improve the efficiency of the gold market. Specifically, it may provide a method for more easily obtaining and verifiable precious metals.
As more and more financial institutions explore blockchain Asset tokenizationEthereum continues to establish itself as the preferred platform for institutions to adopt.
XRP ETF Eyes SEC Approval
In another major development of XRP, CBOE Global Market Submitted 19b-4 application to the SEC– Option exchange program starts Exchange-traded funds based on XRP (XRP ETF). If approved, this will mark an important milestone in XRP agency adoption.
XRP ETF approval will provide investors with a regulated and convenient way to acquire the risk of assets, which may increase the liquidity and price stability of XRP tokens.
Given the ongoing legal battle between Ripple and the SEC, the approval process is expected to face scrutiny. However, market participants remain optimistic about the favorable outcome after Gensler’s removal.
In the market of prediction platforms, XRP ETF is approved in 2025 Always very high. At the time of this report, the odds were 80%.
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Renamed slightly wet productStrategy
Micro-learning, One of the largest company holders of Bitcoinrenamed itself as “nickname” this weekstrategy. “This move is consistent with commitments to Bitcoin accumulation and adoption of blockchain technology.
“Strategies are one of the most powerful and positive words in human language. It also represents the simplification of our company name, its most important, strategic core. 35 years later, our new brand perfectly represents our perfection pursuing. “The company’s executive chairman Michael Saylor, Explained.
Under Michael Saylor, the company has been increasing its Bitcoin holdings and treating it as a long-term asset. Rebranding reinforces its dedication to leveraging Bitcoin for corporate treasury management and institutional investment strategies.
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