Bitcoin drops, ether slammed after Trump's tariffs cause global risk off move

FirstFT: Trump renews tariff threats sending shockwaves through global markets

Also in today’s newsletter, Panama responds to Trump’s threat to take back the Panama Canal and Ray Dalio on UK’s ‘debt death spiral’

Financial Times - Jan. 21

European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment

European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.

CNBC - Jan. 21

Trump’s trade-offs

And more on the UK discount

Financial Times - Jan. 21

Trump's global health influence

Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Global health executive orders expected President Trump entered office with a slew of executive orders on deck ...

The Hill - Jan. 21

Senate passes Laken Riley Act in first move after Trump inauguration

The Senate on Monday passed the Laken Riley Act, making the immigration-related bill the first piece of legislation to make it through the upper chamber in the new Congress and putting it a step ...

The Hill - Jan. 20

Trump sees Biden and Harris off after inauguration ceremony

Former President Joe Biden and former Vice President Kamala Harris made final goodbyes to President Donald Trump and Vice President Vance after the inauguration ceremony. Biden and former first ...

NBC News - Jan. 20

Global financial sector dropping key green pledges as Trump takes office

Banks, asset managers and industry groups move to accommodate US president’s anti-net zero stance. The second Trump administration is expected to strike a blow to efforts to align the global ...

The Guardian - Jan. 20

GPS interference causes Ryanair flight diversion after Russia tampering claims

Yahoo News - Jan. 20

Solana surges 12% on launch of Trump-themed meme coin, ether falls

Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.

CNBC - Jan. 18

Trump border czar: 'We are going to take the handcuffs off ICE' after inauguration

President-elect Trump’s “border czar” Tom Homan said the incoming administration is going to take “handcuffs” off of the U.S. Immigration and Customs Enforcement (ICE) after the inauguration next ...

The Hill - Jan. 18

Is Trump’s bitcoin embrace the biggest ‘pump-and-dump’ ever?

The U.S. government buying bitcoin at inflated prices would do nothing to pay off America’s debt.

MarketWatch - Jan. 18

Smaller crypto may gain more than bitcoin after Trump takes office – should you invest?

Altcoins may have more room to rally than bitcoin after the pro-crypto president elect Donald Trump returns to the Oval Office, with his inauguration scheduled on Monday, industry participants said.

MarketWatch - Jan. 18

Bitcoin gains as Trump reportedly plans crypto executive order

Bitcoin rejoined the crypto rally amid reports that President-elect Donald Trump could release an executive order on crypto as soon as day 1.

CNBC - Jan. 18

The BRICS bloc is growing — and Trump's tariff threat isn't expected to put off aspiring members

Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.

CNBC - Jan. 17

Trump and bitcoin: BlackRock predicts another historic year for crypto

BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.

CNBC - Jan. 16

Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades at $100,000

Cryptocurrencies jumped as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump's inauguration.

CNBC - Jan. 16

Worst global growth for 6 years forecast due to tariffs

The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.

BBC News - Jan. 16

Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat

The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.

The New York Times - Jan. 16

A First-Day Trump Order: A Federal Stockpile of Bitcoin?

The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.

The New York Times - Jan. 16

The First Bitcoin President? Tracing Trump’s Crypto Connections

Crypto execs funneled millions in donations to swing this election, and now their man is in charge. Here’s how Donald Trump’s “crypto cabinet” could shape the next four years.

Wired - Jan. 16

Bitcoin touches $100,000 again as a cool inflation reading fuels risk appetite

Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on appetite.

CNBC - Jan. 15

Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks

Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.

The New York Times - Jan. 15

How to shockproof the UK economy’s exposure to global risks | Mohamed El-Erian

As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better. The British government was right to describe the recent bout of ...

The Guardian - Jan. 15

Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite

Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading.

CNBC - Jan. 14

There’s Still Time for Off-Season Moves, but Some M.L.B. Teams Are Steps Ahead

There are still a number of difference-making free agents on the board and likely some significant trades still to come.

The New York Times - Jan. 12

How Trump could break Bitcoin

Donald Trump's promise to turn the U.S. into a global hub for cryptocurrency innovation and his proposal to create a Bitcoin strategic reserve could lead to increased government oversight, ...

The Hill - Jan. 12

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

Threat of Trump tariffs adds to global economic uncertainty, IMF warns

Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world

Financial Times - Jan. 10

Liberal Americans consider moving to UK after Trump win, lawyers say

Advisers cite rise in US citizens weighing up emigration amid fears over introduction of socially conservative policies

Financial Times - Jan. 10

With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’

In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.

The New York Times - Jan. 9

U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks

An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.

The Wall Street Journal - Jan. 9

'Trump 2.0' looms large over the global economy

Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.

BBC News - Jan. 9

Ether ETF holders could see this popular trading strategy open up if Trump’s return goes the way they want

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

MarketWatch - Jan. 8

Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.

CBS News - Jan. 8

Evening Report — Trump vows to reshape global order

👨🏼‍⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...

The Hill - Jan. 7

Bitcoin drops below $97,000 as Treasury yields pressure risk assets

Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.

CNBC - Jan. 7

30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans

Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.

MarketWatch - Jan. 6