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US President Donald Trump on Monday said that he would like to sign new trade deals with Russia. He envisioned the opportunity at a meeting with the UK’s Prime Minister Keir Starmer during his visit to Scotland. The two world leaders discussed trade and solutions to Gaza, and also spoke about China and Sweden’s tariffs. While Starmer mostly stressed humanitarian aid to Gaza, Trump spoke about deals and trade wars. Also Read: BlackRock Eyes China Ally In $23B Panama Canal Power Deal Trump Says US Ready to Seek New Trade Deals With Russia, Places a Major Condition Source: FoxNews Trump revealed that the US is ready to boost trade with Russia, and the condition is that the Putin administration must withdraw from the Ukraine war and declare peace. The President explained that Russia has lots of rare earth minerals which US firms can use. Several countries are now looking towards rare earth metals as the supply is limited, with huge competition. “I envision that a lot of tr...

World Liberty Financial (WLFI), President Trump’s decentralized finance (DeFi) platform, has made another monster crypto purchase. According to data on Arkham Intel , the platform added 3,473 Ethereum (ETH) to several wallets on Tuesday, July 22, which was then staked on the decentralized staking protocol Aave.  With the average ETH price of $3,743 at the time of buying, the purchase amounts to nearly $13 million. Right now, WLFI holds a total of 73,616 ETH, valued at over $275 million.  WLFI’s crypto moves. Source: Arkham Compared to the platform’s crypto holdings at the end of H1 2025, which sat at $178.15 million, the new number marks a 54.37% increase in less than a month. Ethereum adoption accelerates With the current price of $3,673 (up 63.78% in the past month), Ethereum is currently trading well above its major moving averages, with a possible price target of $3,800 by the end of the month.  Institutional demand is als...

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US President Donald Trump is looking to hit BRICS member India where it hurts them the most, which is the remittance tax. The new tax proposal by the House Republicans could impact a significant number of Non-Resident Indians (NRIs), as the bill aims to levy a 5% tax on remittances sent to India from the US. Also Read: BRICS: 5 Countries Pay 93% of Trade in National Currencies The bill was first introduced last Monday, where international transfers from non-citizens to BRICS country India will face a 5% tax. The bill, if passed, will affect workers who send money back to their families in India. The 5% tax will be used to help fund tax breaks and also tighten border security measures. Also Read: BRICS: Tanzania Officially Bans the US Dollar 5% Remittance Tax Could Soon Hit BRICS Member India Source: Forbes / GettyImages Trump has publicly called the legislation “great” and “one big beautiful bill” is also ensuring that Republicans pass the legislation. The 5% tax on remit...

Bitcoin is closing on $100,000 after US President Donald Trump teased a major trade deal that’s set to be announced today, likely with the UK. In a Truth Social post, Trump promised a “BIG NEWS CONFERENCE” at 10 a.m. from the Oval Office, where he said he will unveil a “MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” The post sparked a surge in crypto markets, propelling Bitcoin past $99,000 for the first time in nearly two months. Though Trump didn’t name the country, the New York Times reported that it would be the UK, and the BBC reported that UK Prime Minister Kier Starmer would make an announcement today about a deal with the US on tariffs. Bitcoin Breaks Above $99K For The First Time Since Mid-Feb Bitcoin is trading at more than $99,500 as of 4:13 a.m. EST, the first first time BTC has risen above $99K since Feb. 21, according to TradingView.  Daily chart for BTC/USD (Source: Trad...

BRICS member India is repeatedly making it clear that they will not ditch the US dollar for trade and transactions. India’s Foreign Minister S. Jaishankar spoke in the Parliament regarding the de-dollarization agenda and the country’s role in it. He confirmed that India is steering off any anti-dollar moves amid US President Donald Trump’s tariff threats. Also Read: BRICS: New Country Plans to Reduce 25% of Trade Without US Dollar “BRICS, a platform that has grown in membership and agenda over the last two decades, seeks to enhance understanding among the international community,” said Jaishankar in response to a question in the Lok Sabha Parliament. Trump had threatened to impose tariffs on India and all BRICS nations if they plan to reduce dependency on the US dollar. Jaishankar added that India has conveyed its stance to the US authorities during bilateral discussions that they will not pursue the BRICS agenda of sidelining the US dollar. Therefore, the de-dollariz...

Since Donald Trump returned to the Oval Office, the United States has embraced the cryptocurrency market like never before. Although that led the asset class to surge earlier this year, things have changed. Now, CryptoQuant CEO Ki Young Ju has warned that US President Trump’s crypto push is threatening the global market. In a post to X (formerly Twitter), Young Ju discussed the potential downside of the country’s continued turn toward cryptocurrencies. Specifically, he noted that the asset class could soon become a weapon of geopolitical influence. That could lead to cryptocurrency’s usage to serve national interests, a far cry from its original intent. Source: Watcher Guru Also Read: US Economy: Trump’s Tariff Spree Is Set To Create More Mayhem: Here’s How Trump’s Crypto Push May Threaten Global Market as Asset Class May Be Weaponized Just last week, the United States announced a plan to create its very own cryptocurrency reserve. This wasn’t focused on si...

The election of Donald Trump ignited a strong cryptocurrency bull run in early November of 2024. Trump was largely seen as the pro-crypto candidate of the 2024 election — having promised to open a strategic Bitcoin (BTC) reserve for the United States and even launching his own meme coin on January 17. However, the exact specifics and policies that Trump will put in place are still unclear. Notably, the President’s inaugural speech and first executive orders avoided the topic of cryptocurrencies entirely — although this has done relatively little to stymie the jubilant bull run. Retail investors tend to err on the side of optimism — but similar sentiments from institutional investors are a much rarer sight.  Picks for you This bullish pattern hints Dogecoin to target $15, according to trading expert 26 mins ...

Ethereum (ETH) has struggled to gain momentum lately. The asset failed to generate traction despite the US SEC approving ETH ETFs last year. Bitcoin (BTC), on the other hand, hit a new all-time high after the launch of its ETFs in the US. ETH is down by 1.4% in the daily charts, 5% in the weekly charts, 3.6% in the 14-day charts, and 11% over the previous month. Despite the dip, the asset has maintained some gains in the yearly charts, rallying 37.4% since January 2024. Source: CoinGecko Also Read: Top 3 Cryptocurrencies You Should Watch This Weekend Ethereum To Hit A New All-Time High? Source: Forbes ETH is down by 32.8% from its all-time high of $4,878.26. The asset hit its peak in November 2021. According to prominent cryptocurrency analyst Ali Martinez, ETH follows an ascending parallel channel. The analyst believes the $2800 level could push the asset to $6000, a new all-time high. Hitting $6000 from current price levels will entail a rally of about 82.8%. Also Read: Ethereum Pric...

The cryptocurrency industry has benefitted greatly from Donald Trump’s latest victory. The meme coin market saw a major spike with Elon Musk joining Trump. Along with Dogecoin (DOGE), Shiba Inu (SHIB) also profited from this collaboration. While DOGE is expected to surge after Trump gets sworn in, SHIB could follow suit. The community is betting big on the meme coin’s possible rise in the coming month. Also Read: Top 3 Cryptocurrencies That Could Surge Before 2025 Starts Is Shiba Inu In Its Recovery Phase? Source: CoinMarketCap At press time, the meme coin was trading at $0.00002879 after surging by 4.30%. It should be noted that SHIB recorded a nearly 9% decline in the last seven days. Last weekend, in particular, the asset was bearish as it dropped to a low of $0.00002447. During its latest rally, the community expected SHIB to reclaim its all-time high of $0.00008845. But the meme coin remains 67% below its peak. Also Read: Trump’s NATO Exit Plan: How It Could Accelerate ...

The US political arena is undergoing a transformative change. With Trump taking over the White House, the US anatomical structure is in the queue for a revamp, the kind that prioritizes the glorious American legacy above all. Trump’s recent comments about protecting American integrity by curbing the calls for de-dollarization are set to play a central role during his term, which may kickstart the era of “re-dollarization” as the Trump-Musk duo continues to put leashes on forces eroding the integrity of the United States. Also Read: Massive Crypto Whale Buys 200 Million Dogecoin Worth $45 Million De-Dollarization End: Trump’s US Dollar Revival Strategies May Boost The Greenback Source: MarketWatch Elon Musk was recently crowned as the head of the Department of Government Efficiency, or DOGE. Trump had briefly mentioned Musk’s political debut in one of his electoral rallies, adding how the Tesla CEO’s guidance could prove lucrative for the domain. Today, Musk took to X to shar...

The MAGA price soared 23% in the last 24 hours to trade at $2.07 as of 11:33 p.m. EST on trading volume that plunged 68% to $25.5 million. This comes after the Federal Reserve cut interest rates by 25 basis points to a target range of 4.50%-4.75%. MAGA Price Poised For A Bullish Trend Reversal The MAGA price appears to be moving within a descending channel, indicated by the two downward-sloping trend lines. This pattern is typically bearish, showing that the price is consistently making lower highs and lower lows. However, descending channels can sometimes lead to bullish reversals if there is a breakout above the upper trendline, although that would require strong buying pressure. TRUMP has found support on the lower boundary of the channel around $1.82, which could suggest a bullish trend reversal, according to data from GeckoTerminal . As a result of the falling channel pattern, the MAGA price has been trading below both the 50-day and 200-day Simple Moving Averages (SMAs). ...