Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin (BTC) briefly dipped below $100,000 on Monday after Iran launched attacks on United States military bases in Qatar. Although the…
The Yale Smart Lock with Matter is launching tomorrow, June 24th, for $189.99 — $20 more than when it was first announced in March. Yale tells The Verge the price increase is due to the impact of tariffs. The lock will be available on Amazon and Yale’s website. According to Yale, the new smart lock…
Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins…
The Trump administration has excluded “smartphones, computers, and other electronics,” even those imported from China, from tariffs it levied last week, reports Bloomberg. The exemptions don’t free them from all tariffs, though, as the outlet says others from before Trump’s April 9th tariffs still apply. Late last night, US Customs and Border Protection (CBP) updated…
Kevin Bates managed to quit his day job and move to China after his game-playing business card, the Arduboy, went viral in 2014. But a decade later, Trump’s staggering and inexplicable new US tariffs are driving him out of business. Just as he was about to turn a profit for the first time, just before…
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7. “One would have to imagine that President Donald Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make…
Earlier this week, when it seemed as though TikTok’s fate in the US would actually be decided by April 5th, everyone — from Amazon to the founder of OnlyFans — was coming out of the woodwork to buy it. As it turns out, none of them had a chance. And now, thanks to President Donald…
If you were wondering how President Trump’s tariffs may impact gadgets like smartphones, laptops, and smartwatches, there’s some bad, and perhaps slightly less-bad news. Unless something changes, Trump’s sweeping tariffs will lead to increased prices for consumers. But it will likely take some time before that actually happens. Modern gadgets generally aren’t made or assembled…
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump’s auto tariffs lift prices by thousands of dollars, several carmakers said. “This past weekend was by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief…
Today’s episode of Decoder is a little different, and I think it’s one of the more illuminating conversations I’ve had in a while. I’m talking to Evan Smith, the cofounder and CEO of Altana, a company that makes software to track and manage the global supply chain. Smith started Altana in 2019 because he predicted…