#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
USTR Section 301 tariff exemptions
Key Points:* USTR extends China tariff exemptions to August 2025.
This extension affects U.S. businesses relying on Chinese imports, with no direct impact on cryptocurrencies.
USTR Extends Exemptions, Trade Continuity Until August 2025
The USTR’s decision extends tariff exemptions from May 31 to August 31, 2025, impacting trade practices assessed in the Section 301 investigation. Ambassador Katherine Tai, leading the USTR, has been pivotal in executing this extension with trade policy implications.
Trade continuity for U.S. businesses importing Chinese goods remains stable until August 2025. The decision allows more time for companies to adapt supply strategies, potentially affecting sectors reliant on Chinese components.
Market reactions have been neutral, with no major changes reported in crypto or technology sectors. The exemption extension has not elicited significant responses from prominent figures or communities, with limited impact on industry dynamics.
Exemption Extension’s Market Perspective and Minimal Crypto Impact
Did you know? The USTR’s Section 301 exemptions for China have been a recurring factor since last year’s extension, providing consistent relief to businesses impacted by trade policies.
As per CoinMarketCap, Bitcoin (BTC) trades at $104,476.28 with a $2.08 trillion market cap, dominating 63.55%. Trading volume dropped 40.28% to $34.33 billion over 24 hours. BTC shows a 0.84% 24-hour rise but fell 3.50% over the week.