RARE BITS

Trump's Tariff Tsunami Wipes Out $500M+ in Crypto as Bitcoin Retreats to $83K


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TLDR:

  • Bitcoin dropped to $83K following Trump's tariff announcements, with over $500M in crypto positions liquidated
  • Senator Cruz introduced the FLARE Act offering tax incentives for Bitcoin miners using stranded natural gas
  • Japanese gaming firm Enish is adding $667K worth of Bitcoin to its balance sheet
  • Jupiter acquired DRiP Haus in an all-cash deal, expanding into NFTs
  • Shrapnel became the first licensed Web3 game in China, accessing a $95B market
  • Dogecoin, Shiba Inu, and Solana are showing consolidation patterns with tightening price action
  • Market analysts warn of potential further downside for Ethereum amid macro pressures
...more
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RARE BITSBy beatbroker