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Telo News - Crypto | DeFi | Web3 avatar

Telo News - Crypto | DeFi | Web3

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Канал құрылған күніSep 07, 2024
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Aug 09, 2024
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Telo News - Crypto | DeFi | Web3 танымал жазбалары

Circle has become the first global dollar stablecoin issuer to receive regulatory approval in Japan. Circle's USDC is set to launch on SBI VC Trade on March 26, 2025.

▪️ Telegram ▪️ X
▪️ Community ▪️ Source
Federal Reserve Chair Jerome Powell delivered a cautious update on monetary policy, highlighting uncertainty around trade policy, inflation, and economic growth. He emphasized the need for patience and data-driven decisions, while signaling the Fed’s readiness to respond to global and domestic risks.

Key quotes and highlights:

⚫“We have every reason to wait for more clarity before considering any changes to Fed policy.”
⚫“We should not rush to lower interest rates.”
⚫“Economic growth likely slowed at the start of 2025.”
⚫“Business sentiment is deteriorating due to Trump’s trade policies — a key source of uncertainty.”
⚫“Increased tariffs carry risks of renewed inflation and slower growth.”
⚫“We will wait for economic clarity before adjusting rates.”
⚫“Trade policy fallout will likely push the Fed off target (inflation + labor market).”
⚫“We will probably miss our dual mandate goals for the rest of the year.”
⚫“We may be able to resume progress next year.”
⚫“We may well face a situation where we must make a difficult choice (raise rates).”
⚫“We are not close to the point where the Fed will fully stop balance sheet reduction (QT).”
⚫“The Fed is ready to provide dollars to global central banks in case of shortage.”
⚫“Cryptocurrency is becoming more popular. A legal framework for stablecoins is a good idea.”
⚫“I think banking regulations on crypto will be relaxed.”


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Donald Trump has announced sweeping tariff measures:

⚫A new executive order will introduce reciprocal tariffs for all countries.
⚫A flat 10% base tariff will apply universally from April 5th.
⚫A 25% tariff on foreign-made automobiles takes effect at midnight.
⚫Reciprocal tariffs will equal half the rates imposed by each respective country and will apply from April 9th.

Tariff rates for key trading partners:

⚫China: 34%
⚫Vietnam: 46%
⚫Japan: 24%
⚫EU: 20%
⚫UK: 10%
⚫Taiwan: 32%
⚫Switzerland: 31%
⚫Cambodia: 49%
⚫South Africa: 30%
⚫India: 26%
⚫Brazil: 10%
⚫South Korea: 25%
⚫Israel: 17%

Trump called these “friendly reciprocal tariffs,” urging foreign governments to cancel their own duties and buy American products, claiming this move will mark the beginning of a “Golden Era” for the U.S. economy.

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Donald Trump announced an immediate increase in tariffs on Chinese goods to 125%, citing China's lack of respect for global markets and continued trade manipulation.

At the same time, he introduced a 90-day pause and a significant reduction of reciprocal tariffs to 10% for over 75 countries that have approached the U.S. for trade negotiations and have not imposed retaliatory measures.

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President Donald Trump's second son, Eric Trump, says he turned to crypto after multiple U.S. banks—including JPMorgan, Bank of America, Capital One, TD Bank, and First Republic—closed family accounts.

He announced they are jointly launching American Bitcoin with Hut 8 Mining, aiming to become the largest Bitcoin miner and build a Bitcoin reserve.

▪️ Telegram ▪️ X
▪️ Community ▪️ Source
The U.S. stock market lost $3.5tr in just two days, with the S&P500 dropping over 8%—its largest 2-day decline since the 2020 pandemic.

The Nasdaq 100 has officially entered bear market territory.

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CommunitySource
Binance founder CZ has been appointed as Strategic Advisor to the Pakistan Crypto Council, aiming to support regulation, education, and crypto adoption.

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CommunitySource
Kraken is reportedly working with Goldman Sachs and JPMorgan on a potential $1bn debt raise to fund its expansion plans.

The exchange is also considering an equity round as it prepares for a possible IPO as early as Q1 2025, taking advantage of the improving U.S. regulatory landscape.

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CommunitySource
The SEC has issued a statement clarifying that mining and mining pool activities under the Proof-of-Work (PoW) mechanism do not constitute securities offerings. The agency stated that Protocol Mining on PoW networks involves only the contribution of computational resources, rather than reliance on the entrepreneurial or managerial efforts of others. As a result, PoW mining does not meet the Howey Test definition of an investment contract and falls outside the scope of securities regulation.

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CommunitySource
Starting today, the 104% tariffs on Chinese exports to the U.S. take effect.

In response, Chinese economists expect Beijing to retaliate with matching 50% tariffs. However, they note the impact may be limited, as Chinese goods already face over 70% in cumulative U.S. duties imposed since Trump’s first term.

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CommunitySource
Wintermute, Binance’s biggest market maker, is accused of using a strategy resembling a pump-and-dump—buying tokens early at a discount, selling at the peak, crashing the price, then buying back cheap. The 53% drop in ACT token is cited as an example.

Only 3 of 27 tokens launched on Binance in 2025 are in profit, with an average loss of 44%. Wintermute also reportedly made $3m by buying 31m FDUSD after it briefly depegged to $0.87 on fake insolvency news.

Wintermute and Binance trading volume is $34.54bn monthly.

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CommunitySource
Donald Trump has threatened to impose an additional 50% tariff on Chinese goods starting April 9 in response to China’s countermeasures.

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CommunitySource
According to a CNBC analyst, China is considering a "Bitcoin buying strategy."

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CommunitySource
China’s Tariff Commission announced it will raise tariffs on U.S. goods to 125% up from 84%, effective April 12, 2025.

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CommunitySource
Elon Musk plans to turn X (Twitter) into an equivalent of China’s WeChat, with the company developing a messenger called XChat.

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