China

Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
The crypto market wobbled after Trump accused China of violating a tariff truce.

International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve
The China-based company says it aims to integrate XRP payments into its global chauffeur network.

U.S. Trade Court Ruling Sends 30-Year Treasury Yield Above 5%
Tariff reversal fuels bond sell-off as U.S.-China tensions escalate across tech and education sectors.

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level
Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.

Game of Tariffs: Kevin O'Leary on Crypto Amid 'All-Out Economic War' Between U.S. and China
O'Leary Ventures Chairman Kevin O'Leary, aka Mr. Wonderful, joins CoinDesk to discuss the ongoing trade war between the U.S. and China, and its implications on the digital assets space. Plus, bitcoin's potential decoupling from traditional markets and whether ether can make a comeback. Kevin O'Leary will be joining CoinDesk at Consensus 2025 in Toronto from May 14-16. Get your tickets here: https://consensus2025.coindesk.com/ This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Bitcoin Rally Stalls, but Sliding Yuan Could Be Bullish Catalyst
Chinese goods will be subject to 104% additional tariffs beginning at midnight, the White House said.

The All-Important U.S. 10-Year Yield Is Moving in the Wrong Direction for Trump
One of the most volatile trading sessions since March 2020 exposed deep cracks in the global financial system—foreign selling of U.S. Treasury notes is questioned.

Bitcoin Analysts Optimistic as China Surprisingly Fixes Yuan Beyond 7.2 Level
Analysts suggest the yuan's depreciation may lead to capital flight into bitcoin.

China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs
Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.

China Announces 34% Tariff on All U.S. Goods. Bitcoin Falls Back to $83K
China announced retaliatory tariffs on all goods, worsening risk sentiment during European hours.

