Trump’s Crypto Stance Could Undermine Europe’s Financial Stability, Warns Top EU Official
European financial authorities are voicing concerns over former U.S. President Donald Trump’s support for cryptocurrencies, fearing its potential impact on the eurozone’s economic sovereignty and stability. “The U.S. administration is increasingly embracing digital assets, particularly dollar-backed stablecoins, which raises important concerns for Europe,” stated Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM), during […]
Ethereum Faces Potential Drop to $1,800 Amid ETF Outflows and Trade Concerns
Ether is facing challenges in reversing its nearly three-month-long downtrend as macroeconomic uncertainties and ongoing selling pressure from U.S.-based Ether exchange-traded funds (ETFs) continue to dampen investor confidence. Ethereum’s Downward Trajectory The price of Ether (ETH) has dropped by over 53% since its peak above $4,100 on December 16, 2024, according to TradingView data. This […]
Trump May Be Manipulating Markets to Force Interest Rate Cuts
The Trump administration could be deliberately fueling uncertainty in the stock market to pressure Federal Reserve Chair Jerome Powell into reducing interest rates, according to a financial analyst. This tactic might help the U.S. government avoid refinancing approximately $7 trillion in national debt over the coming months, Bitcoin analyst Anthony Pompliano suggested in a March […]