Crypto news

The Trump administration's recent hints at sending stimulus payments to American taxpayers, funded by tariff revenues, are stirring excitement among analysts about a possible surge in cryptocurrency prices, thanks to the anticipated flood of new money into the economy. During a Thursday interview on One America News Network, President Donald Trump revealed that while the majority of tariff proceeds would go toward slashing the national debt, a slice could be redistributed directly to citizens. He floated the idea of $1,000 to $2,000 checks per person, projecting that a fully ramped-up tariff system might rake in "over $1 trillion a year." Although details are still pending confirmation, experts at the cryptocurrency platform Bitfinex see the buzz alone as a catalyst for Bitcoin's ascent. Speaking to Forbes, they noted: "We suspect that Trump’s announcement of potentially considering a stimulus check for every citizen, funded by tariffs, could also contribute...

Venezuela is grappling with one of the globe's most severe inflation crises, with rates soaring to 229%, rendering the bolívar virtually valueless, according to recent reports.7a38c8 In response, a growing number of Venezuelans are shifting to USDT (Tether) for financial security. Local vendors are increasingly aligning their pricing with dollar rates from Binance's peer-to-peer marketplace, effectively positioning USDT as the go-to medium for routine exchanges. The Toll of Hyperinflation on Daily Life Over the years, the bolívar's dramatic devaluation has eroded purchasing power, sending costs for essentials like groceries, healthcare, and household items skyrocketing. This volatility turns budgeting into a nightmare—overnight price hikes can double expenses, leaving families scrambling to preserve what little savings they have. Such chaos pushes residents to seek out more reliable ways to safeguard their wealth. Enter USDT, a stablecoin designed for consistency. Pegged 1:...