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Telo News - Crypto | DeFi | Web3 avatar

Telo News - Crypto | DeFi | Web3

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The latest and biggest crypto news about how Bitcoin, blockchain, DeFi, and Web3 are shaping our world.
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Дата створення каналуВер 07, 2024
Додано до TGlist
Серп 09, 2024
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Популярні публікації Telo News - Crypto | DeFi | Web3

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.

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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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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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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.

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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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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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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
Bitcoin surpassed $90,000, hitting $90,468 across major exchanges.

It took 46 days for Bitcoin to reclaim the $90k level, last seen on March 7, 2025.

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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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On April 21, 2025, $1.5tr was wiped from the U.S. stock market, while $60bn flowed into the crypto market.

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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
Crypto exchange volume has dropped to a 6-month low as more traders shift to futures and move away from spot positions.

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President Trump will host a private dinner on May 22, 2025, for the top 220 average TRUMP memecoin holders, with eligibility based on holdings from April 23 to May 12.

Attendees must pass a background check, cannot be from KYC watchlist countries, and may not bring guests or transfer their invitation.

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