Trump announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland would come into force on 1 February, but could later rise to 25% if Greenland isn't sold to the U.S. The European Union is in talks to potentially impose tariffs on €93 billion of US goods if US President Donald Trump follows through on his threat to hit European countries with a 10% levy on February 1. China's economic growth slowed to the weakest level in nearly three years in the fourth quarter as retail sales fell to the lowest level since late 2022, with a growth rate of 4.5%.
Bitcoin futures open interest rebounded 13% in January after last year's deleveraging event according to Coinglass data, potentially signaling a slow return of risk appetite among investors.
Bitcoin's hashrate slipped below 1 zetahash per second for the first time in four months despite improved miner profitability.
Michael Saylor's MicroStrategy bought 14,910 Bitcoin since the start of the year, now holding over 687,000 Bitcoin.
Coinbase withdrew support for the CLARITY Act on Wednesday, warning it would restrict DeFi and ban tokenized equities, prompting the White House to threaten pulling its backing unless Coinbase returns to negotiations on stablecoin yield provisions.
KBC, one of Belgium’s largest banks, launches bitcoin and ether trading for retail investors on its Bolero platform as Belgium's MICA regime begins.
Polygon cut an estimated 30% of staff after acquiring Coinme and Sequence for up to $250M to pivot toward a payments-first stablecoin strategy.
Google now requires crypto apps to provide proof of FIU registration acceptance, effective immediately, raising compliance hurdles for offshore exchanges serving South Korean users.
Riot Platforms' stock surged 11% after the miner sold approximately 1,080 Bitcoin for $96 million to fund a 200-acre Texas land acquisition and signed a 10-year AMD data center agreement potentially generating $311 million in revenue.
