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China Reduces US Treasury Holdings Amid Trade War Escalation


The U.S. Department of the Treasury revealed that China reduced its exposure to U.S. debt in March, selling close to $19 billion in Treasuries. This reduction was recorded in March as the trade conflict between the two countries escalated. China Reduced Exposure to U.S. Debt Amid Tariff Conflict...

China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin


Mainland China, one of the world’s most restrictive countries toward cryptocurrency, may be inching closer to adoption as a locally operating brand announced a Bitcoin reserve strategy.DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations...

Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS


High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group.“Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth...

Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS


High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group.“Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth...

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why


Key takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720...

Bitcoin Briefly Tops $105K As Markets Rally on China-US Trade Deal


U.S. Treasury Secretary Scott Bessent met with China’s Vice Premier He Lifeng in a series of high-stakes trade meetings in Geneva, Switzerland over the weekend. BTC Heats up Then Cools After Brief China Trade Deal Boost The world’s two largest economies managed to hash out a successful trade deal...

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Bitcoin, altcoins poised to rally on US-China tariff agreement


A 90-day tariff agreement between the US and China may set the stage for a broader recovery of stock and cryptocurrency markets, as investors look ahead to a potential tax relief package.The White House announced on May 12 that the two countries will reduce their respective tariffs to 10% for...

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady


On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin...

Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs


Key takeaways:Bitcoin broke above $105,700 after the US and China agreed to slash tariffs.A confirmed bull flag breakout on the weekly chart projects a $150,000.Bitwise's sentiment index warns of potential short-term overheating.Bitcoin (BTC) bulls cheered a major development in the ongoing...

Trump’s US-China trade deal could shed light on Bitcoin’s use case


Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed stocks and held up “incredibly strong” during a sharp sell-off...

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