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According to Reuters, the People’s Bank of China has instructed major state-owned banks to reduce U.S. dollar purchases in a move to prevent sharp RMB depreciation. The central bank issued window guidance this week, asking banks to halt proprietary USD buying and tighten scrutiny on client USD transactions. — link : Wu Blockchain News
CHINA FINANCE MINISTRY: TO IMPOSE ADDITIONAL TARIFFS OF 84% ON U.S. GOODS : infinityhedge
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Watcher Guru
BREAKING: 🇨🇳🇺🇸 China announces additional 84% tariff on US goods. : Watcher Guru
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Bitcoin $76,000
China’s Tariff Commission announced it will raise tariffs on certain U.S. imports from 34% to 84%, effective April 10, 2025, at 12:01 PM Beijing time. The move comes in response to the U.S. raising its own tariffs on Chinese goods to the same rate on April 8. — link : Wu Blockchain News
🚨 🚨 🚨 🚨 🚨 🚨 🚨 150,000,000 #USDC (150,038,738 USD) transferred from unknown wallet to Zero Hash
Details : Whale Alert
JUST IN: 🇺🇸 Former Treasury Secretary Summers says US might be headed for a "serious financial crisis." : Watcher Guru
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 230,770,000 #XRP (414,469,278 USD) transferred from unknown wallet to unknown wallet
Details : Whale Alert
JUST IN: 🇨🇳 China says "we are prepared to deal with uncertainties." : Watcher Guru
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JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Scott Bessent says China can raise tariffs "but so what." : Watcher Guru
Binance To Launch LDUSDT, Their Second Yield Bearing "Stablecoin" That Can Be Used As Collateral: The Block

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JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Bessent says "everything's on the table" when asked about removing Chinese stocks from US stock exchanges. : Watcher Guru
Binance Futures will soon launch a new reward-bearing margin asset called LDUSDT. LDUSDT is not a stablecoin but a crypto asset that can be used as Futures trading margin, while allowing users to earn Simple Earn Real-Time APR rewards. — link : Wu Blockchain News
JUST IN: JPMorgan CEO Jamie Dimon says he is hearing "recessionary talk." : Watcher Guru
Bitcoin $77,000
To cope with the new round of U.S. global tariff policies, Bitcoin miners are accelerating the importation of mining equipment from China, Malaysia, Thailand, and other regions before the tariffs take effect. Some large mining companies are even chartering flights at costs ranging from $2 million to $3.5 million per trip to avoid tariffs as high as 104%. It is estimated that the U.S. has already imported over $860 million worth of mining equipment in the first quarter of 2025, and the new policy is expected to drive up mining equipment prices by 22% to 36%. — link : Wu Blockchain News
Normie: "You should have sold your Bitcoin three months ago.“

Me: : Bitcoin