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Cryptocurrency News Articles
Circle IPO odds declined on Polymarket after Trump's tariffs
Apr 05, 2025 at 03:13 am
Circle IPO odds declined on Polymarket after Trump's tariffs, which he announced to a much wider list of countries than expected and shook the markets.

The odds of Circle's IPO declined following Trump's unexpected tariffs, which affected market stability and affected the caution of companies.
As part of a broader move to increase tariffs on goods from China, the Trump administration is also applying tariffs to a much wider list of countries than expected, sources told.
The administration is imposing tariffs of 40% on products from France, Germany, Italy, Spain, and Britain, in addition to the 25% tariffs on Chinese goods.
The administration is also imposing tariffs of 10% on products from Canada and Mexico, and tariffs of 5% on products from Japan, South Korea, and Taiwan.
The tariffs are part of Trump's effort to reduce the U.S. trade deficit and create jobs in America. However, the tariffs are expected to increase prices for consumers and businesses.
The administration is said to be considering tariffs on goods such as wine, cheese, and clothing.
Trump's administration is also planning to impose tariffs on services, such as banking, insurance, and legal services.
The tariffs are expected to have a significant impact on the global economy.
"This is a desperate attempt by the Trump administration to salvage some part of its agenda after Congress failed to pass meaningful trade legislation," said Bret Stephens, a columnist for The New York Times.
"It's also a brazen attempt to flout the rules-based international order that has served the world so well since World War II."
The tariffs are likely to spark retaliation from other countries, which could further destabilize the global economy.
"The Trump administration is playing a dangerous game with these tariffs," said Eswar Prasad, a professor of economics at Cornell University.
"The tariffs are a blunt instrument that will harm both consumers and businesses."
The administration should focus on negotiating better trade deals with other countries, rather than resorting to tariffs.output: Trump's administration is applying tariffs to a much wider list of countries than expected, sources told.
The administration is imposing tariffs of 40% on products from France, Germany, Italy, Spain, and Britain, in addition to the 25% tariffs on Chinese goods.
The administration is also imposing tariffs of 10% on products from Canada and Mexico, and tariffs of 5% on Japan, South Korea, and Taiwan.
The administration is said to be considering tariffs on goods such as wine, cheese, and clothing.
Trump's administration is also planning to impose tariffs on services, such as banking, insurance, and legal services.
The tariffs are expected to have a significant impact on the global economy.
"This is a desperate attempt by the Trump administration to salvage some part of its agenda after Congress failed to pass meaningful trade legislation," said Bret Stephens, a columnist for The New York Times.
"It's also a brazen attempt to flout the rules-based international order that has served the world so well since World War II."
The tariffs are likely to spark retaliation from other countries, which could further destabilize the global economy.
"The Trump administration is playing a dangerous game with these tariffs," said Eswar Prasad, a professor of economics at Cornell University.
"The tariffs are a blunt instrument that will harm both consumers and businesses. The administration should focus on negotiating better trade deals with other countries, rather than resorting to tariffs."
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- Ondo Finance Unlocks Private Markets Through Onchain Trading: A Game Changer for Global Investors
- Oct 06, 2026 at 11:55 pm
- Ondo Finance is revolutionizing private markets with its new 'Ondo Private Markets' platform, offering tokenized exposure to pre-IPO companies and addressing long-standing issues of access and liquidity for eligible investors worldwide.
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- Ethereum Price Analysis: ETH Battles Key Resistance as Pullback Looms, Bull Flag Hints at Breakout
- Oct 06, 2026 at 11:55 pm
- Ethereum is consolidating near $2.7K, grappling with strong resistance at the $2.7K-$2.8K zone. While on-chain signals show caution, a potential bull flag and key support levels could dictate its next move, sparking debate on an imminent breakout or pullback.
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- Gold Declines Due to Dollar Pressure, All Eyes on the Middle East, Gold Prices: The Big Apple's Take on Gold's Rocky Ride
- Oct 06, 2026 at 04:05 pm
- Gold's recent dip to $4,128.69 an ounce, fueled by a strong dollar and rising bond yields, sets the stage for a tense market. With the Middle East and Fed decisions looming, investors are on high alert.
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- Morgan Stanley's Bitcoin ETF Holdings Soar Past 10,500 BTC, Signaling Wall Street's Deepening Crypto Embrace
- Oct 06, 2026 at 08:05 am
- Morgan Stanley's Bitcoin ETF now holds over 10,500 BTC, a significant milestone showcasing growing institutional demand for Bitcoin exposure through regulated channels, amidst broader market volatility.
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- Crypto PACs Flex Muscle in US Midterms: Fairshake Backs House Candidates, Eyes Ohio Senate
- Oct 06, 2026 at 07:55 am
- Crypto PACs are making big moves in the 2026 US midterms, with Fairshake allocating millions to House candidates and eyeing a significant spend in Ohio's Senate race, signaling a bipartisan push for digital asset clarity.
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- Strategy Stock Surges as Bitcoin Holdings Hit Record High; MSTR Stock Shows Resilience Amidst Strategic Capital Allocation
- Oct 06, 2026 at 07:45 am
- Strategy stock gains traction following a significant Bitcoin purchase, expanding its crypto treasury to a new peak. MSTR stock and preferred shares exhibit volatility.
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