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Trump's Asia tariffs takes a massive hit on Bitcoin miners
video As per the latest report by The Block, President Donald Trump's latest order on global tariffs seems to be becoming a pain in the neck for the Bitcoin mining community in the U.S. As the 90-day tariff pause deadline neared, Trump announced a slew of new global tariff rates on July 31. Among the worst-hit are the key centers of mining rig manufacturing in Southeast Asia. For those unfamiliar, crypto mining is the process of using high-tech hardware to validate and secure transactions on a blockchain network. Ethan Vera, the COO of a Bitcoin mining technology and services company, Luxor Technology, shared a ... (full story)
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From thestreet.com | Aug 6, 2025
Crypto traders are accusing President Donald Trump of wanting to crash Bitcoin on purpose — just to "clear the order books" before the next leg up. On Aug. 5, Discord channels lit up after Trump signed a sweeping Executive Order slapping a 25% tariff on all imports from India. India’s continued purchase of Russian oil, which Trump claims is undercutting ...
RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA. THE ONLY THING THAT CAN STOP AMERICA’S GREATNESS WOULD BE A RADICAL LEFT COURT THAT WANTS TO SEE OUR COUNTRY FAIL!
*WALLER EMERGES AS FAVORITE FOR FED CHAIR AMONG TRUMP TEAM Waller Has Met With Trump Team But Not With President TRUMP TEAM LIKES WALLER DESIRE FOR RATE CUTS BASED ON FORECASTS
