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Bitcoin Falls on Trump's 25% Tariff Declaration on Imported Cars
Bitcoin(BTC) fell on Mar. 27 due to U.S. President Trump's comment on imposing tariffs on foreign cars. President Trump announced in the Oval Office on Mar. 26(local time) that he will impose 25% tariffs on foreign cars. Following the 25% tariff on steel and aluminum, the 25% tariff on cars has raised concerns that it will cause global inflation. Due to President Trump's comments, "risk assets" such as the U.S. stock market and cryptocurrency fell overall. The Dow Jones 30 Industrial Average, S&P 500 Index and Nasdaq Composite Index
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Blockstreet Joins as a Media Partner for 'SEABW 2025'
South Korea's blockchain-specialized economic media BlockStreet has been selected as an official media partner at the "SEABW 2025," an event that leads and connects Southeast Asia's Web 3.0 innovation. SEABW 2025 announced on its official X account on Mar. 27 that a total of six global media, including Block Street, have joined its media partners as the event's media partners. SEABW is a conference that brings together innovation and change in the world's most dynamic and fast-evolving Southeast Asian Web 3.0 market. This year's SE
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Major News Headlines for Today
1. Fidelity Announces Stablecoin Launch..."Entering the RWA Market" Fidelity, an asset management company with an asset management amount of $5 trillion, announced its plan to issue stable coins with the aim of entering the U.S. Treasury Bond Asset Token(RWA) market. The Financial Times reported in an anonymous source's testimony on Mar. 26 that Fidelity is preparing to issue stablecoins through its digital assets department and has set a goal to expand the stablecoins into large stablecoins that will compete with Tether(USDT) and US
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Bitcoin Rises on Expectations of Easing Inflation
Bitcoin(BTC) rose on Mar. 26 on expectations formed ahead of U.S. President Trump's comments on easing the tariff war and the announcement of major U.S. economic indicators. "We can give exemptions to many countries," U.S. President Trump said at a White House meeting on Mar. 24(local time), adding, "We can take better steps when we have a mutual relationship." The U.S. Department of Commerce will unveil the core personal consumption expenditure(PCE) price index, the most reliable inflation indicator of the U.S. Federal Reserve on
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Blockstreet-FXH.AI, Engaging in Web 3.0 Partnerhsip
Blockstreet, an economic media specializing in blockchain in Korea, signed a partnership with China's leading cryptocurrency information platform FXH.AI on Mar. 26. The partnership was promoted with the aim of contributing to the development of the Web 3.0 ecosystem through the activation of Web 3.0 information in both Korea and China. Blockstreet is a six-year cryptocurrency media and is an officially registered blockchain media in Seoul with an average of 1.5 million readers per month. Its partner, FXH.AI, is China's leading cryptocurrency inform
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Major News Headlines for Today
1. U.S. SEC Chairman Candidate Reveals 479 Billion Worth Of Assets Paul Atkins, who was selected as the next chairman of the U.S. Securities and Exchange Commission(SEC) under the nomination of U.S. President Trump, disclosed the status of his assets worth $327 million. Paul Atkins said in a financial disclosure report released on Mar. 25 ahead of the U.S. Senate Banking Committee hearing that he and his wife have assets worth about $327 million. 2. Ripple Legal General Manager "Ripple Expects Partial Refund of
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Bitcoin Bounces Back on Predictions of Tariff War Easing
Cryptocurrencies including Bitcoin(BTC) rebounded slightly on Mar. 25 on the move to ease the tariff war. "We can give exemptions to many countries," U.S. President Trump said at a White House meeting on Mar. 24(local time), adding, "We can take better steps when we have a mutual relationship." President Trump, who led the decline in the asset market by predicting high tariffs on major trading partners, showed a somewhat soft stance. The cryptocurrency market was the first to rebound on the expectation that the tariff war may ease more easily than expected,
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IQ Enters Partnership With Boxcat..."Enhancing Web3 Innovation"
Blockchain-based artificial intelligence(AI) knowledge ecosystem platform IQ announced on Mar. 25 that has signed a strategic partnership with Telegram mini-app-based P2E project Boxcat. Through this partnership, the two companies will strengthen their cooperation with the aim of providing more diverse use cases to East Asian and global Web3 users. IQ is a knowledge ecosystem platform that combines blockchain and AI built on the belief that "knowledge is power." It serves as a gateway to provide information related to Web3 and blockchain to various users
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Major News Headlines for Today
1. Sam Altman World Network Negotiates With Visa Card To Mount Stablecoin The world network led by Sam Altman has started negotiations with Visa for the purpose of installing Visa's stable coin payment function. Coindesk reported on Mar. 25, citing the testimony of a source, that Visa is planning to install a stable coin wallet for the purpose of processing international payments. 2. Bhutan Transfers $3M Bitcoin Wallet in 3 Installments It was revealed on Mar. 24 that the Bhutan government, which has been mining Bitcoin(BTC) since
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Bitcoin Up 1% In The Day On Low-Buy
The cryptocurrency market, including Bitcoin(BTC), rose slightly on Mar. 24 amid low-priced buying. Bitcoin and altcoins, which had continued to fall due to U.S. President Trump's recent escalation of tariff wars, have continued to rise slightly since Mar. 20. This is because the U.S. Federal Reserve predicted a rate cut last week, along with predictions that a number of macroeconomic factors that will shake the market have already been announced. Major altcoins rose more than 2% and altcoins with light market capitalization rose more than 10%, including B
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Major News Headlines for Today
1. Expert "Bitcoin Will Rebound After Apr. 15" Cryptocurrency expert Timothy Peterson compared the current decline in Bitcoin(BTC) to the past Bitcoin downtrend pattern through his X account on Mar. 23, claiming that Bitcoin will not fall below $80,000 given the basic adoption rate and graph trend. He said Bitcoin's decline will last about 90 days from the starting point and 30 days later, until April 15 before rebounding. 2. Polymarket Bets 87% on XRP Spot ETF Launch This Year U.S. betting site Polymarket recently predicted
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Bitcoin Falls Again On Uncertainty In Tariff War
Bitcoin(BTC) fell on Mar. 21 due to the uncertainty of the tariff war and the disappearance of good news. This time, Europe responded to the aftermath of the tariff war thrown by U.S. President Trump. Christine Lagarde, president of the European Central Bank(ECB), said at a parliamentary hearing in Brussels, Belgium on the 20th that if the trade war begins in earnest, such as the European Union (EU) taking retaliatory measures against the imposition of U.S. tariffs, the growth rate of the eurozone could fall by up to 0.5 percentage points a
