#MarketRebound History of today Crypto Currency : The first cryptocurrency was Bitcoin, created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Satoshi Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks or governments to work properly. $BTC
#TrumpTariffs During his second presidency, United States president Donald Trump enacted a series of steep protective tariffs affecting nearly all goods imported into the United States. Upon the second inauguration of Donald Trump in January 2025, the average effective US tariff rate was 2.5%. It rose to an estimated 27%, the highest level in over a century, due to the Liberation Day tariffs. After rollbacks, as of June 1, 2025, the average effective tariff rate was 15.1%. Trump escalated the China–United States trade war, raising baseline tariffs on Chinese imports to 145%. In retaliation, China imposed a minimum 125% tariff on US goods and export restrictions on rare earths critical to high tech industries. Trump also initiated a trade war with Canada and Mexico by imposing a 25% tariff on both countries, but later granted indefinite exemptions for goods compliant with the United States–Mexico–Canada Agreement (USMCA). He framed these actions as efforts to hold the countries accountable for contraband drug trafficking and illegal immigration, while also supporting domestic manufacturing. Trump subsequently added a 25% tariff on automobiles and a 50% tariff on steel and aluminum products from all countries. In this regard, two days of intense talks were held in London to resolve conflicts that had emerged since the two sides agreed a truce in May, after a rapid escalation of tariffs had nearly paralyzed trade between the world's two largest economies. Talks aimed at cooling tensions between the US and China have ended in a "deal", according to US President Donald Trump. He said China had agreed to supply US companies with magnets and rare earth metals, while the US would walk back its threats to revoke visas of Chinese students. "Our deal with China is done, subject to final approval from President Xi and me,
#MarketRebound the cryptocurrency market has experienced a notable rebound .During Asian trading hours, the market share of spot trading for Bitcoin, Ethereum, and Solana has been on the rise. In contrast, the U.S. trading session's market share has fallen below the 30-day moving average of 45%, marking the lowest level since U.S. President Donald Trump's election victory in 2024. Despite Bitcoin's price surging by over 40%, the overall spot trading volume remains below the levels seen at the beginning of the year. FalconX reports that the trading volume of the 11 Bitcoin spot ETFs listed in the U.S. has increased from 25% to 45% of the global BTC spot market, playing a significant role in driving the current market trend.
#USChinaTradeTalks US China Trade Talk in London: Officials from both countries held trade talks in London on Monday, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer meeting with their Chinese counterparts led by Beijing’s Vice Premier He Lifeng. The talks aim to restore confidence in commitments made in Geneva, with the US and China seeking to address a trade imbalance and ease tensions that have led to pain in both economies. Trade talks between the US and China will continue into a second day in London, aiming to ease tensions over technology and rare earth elements shipments. The US is willing to remove restrictions on some tech exports in exchange for China easing limits on rare earth shipments, with the Trump administration prepared to lift measures targeting chip design software, jet engine parts, and more
Definition of Currency :- A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state.
Economies rely on money to facilitate transactions and to power financial growth. Typically, it is economists who define money, where it comes from, and what it's worth. Here are the multifaceted characteristics of money.
Definition of Money/currency:- Money is any thing or verifiable record that is generally acceptable as a medium of exchange or for payment of goods and services and also for repayment of loan
History of today Crypto Currency : The first cryptocurrency was Bitcoin, created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Satoshi Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks or governments to work properly.
Traders: The departed ways of Elon musk from the US administration will have an impact on the crypto market. Be careful while trading in the Crypto Market
The first cryptocurrency was Bitcoin, created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Satoshi Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks or governments to work properly.