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⛔️🇸🇻 The IMF intends to prohibit El Salvador from buying and mining Bitcoin! - original

Among the conditions in the new request for the extension of the credit line agreement: «no voluntary accumulation of BTC by the public sector in El Salvador».

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#tradewar
❌ Reuters: The trade war continues!

◽️Donald Trump announced an increase in trade duties on Chinese goods to 20% + tariffs on imports from Mexico and Canada came into force at night.

◽️China reacted immediately: the introduction of additional duties in the amount of 10-15% on some types of imports from the United States from March 10 was announced + 15 American companies were added to the export control list.

◽️Canada will respond with trade duties of 25% on American imports.

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#onchain #xrp
🐳 Santiment: Yesterday whales bought almost 1,000,000,000 XRP ($2.3B+).

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🌎 ALL trade duties announced by Donald Trump:

✔️Date of entry into force: 04.02.2025.

⊹ Country: China.
⊹ Size: 10%.
⊹ Products: All.
⊹ Bloomberg forecast: moderate impact on the economies of the United States and China.
⊹ Response measures: Restrained.

✔️Entry date: 04.03.2025.

⊹ Country: China.
⊹ Size: Another +10%.
⊹ Products: All.
⊹ Bloomberg forecast: the risk of China’s exports to the United States falling by more than 50%.
⊹ Response measures: additional duties of 10-15% on some types of imports from the United States from March 10.

✔️Entry date: 04.03.2025.

⊹ Countries: Canada, Mexico.
⊹ Size: 25% (but 10% for Canadian energy).
⊹ Goods: Majority.
⊹ Bloomberg forecast: The risk of a 1% decrease in US GDP, a strong economic shock for Mexico and Canada.
⊹ Retaliatory measures: Promised. Canada will impose retaliatory duties of 25%.

✔️Date of entry into force: 12.03.2025.

⊹ Countries: The largest exporters.
⊹ Size: 25%.
⊹ Goods: Steel, aluminum.
⊹ Bloomberg forecast: Minor impact on the United States, Canada’s economy is particularly vulnerable.
⊹ Retaliatory measures: Promised.

✔️Enforcement date: 02.04.2025.

⊹ Countries: EU.
⊹ Size: 25%.
⊹ Products: All.
⊹ Bloomberg forecast: The risk of reducing EU exports to the United States by 70% will affect 1.5% of EU GDP.
⊹ Retaliatory measures: Promised.

✔️Enforcement date: 02.04.2025.

⊹ Countries: The largest exporters.
⊹ Size: 25%.
⊹ Goods: Cars, chips, pharmaceuticals.
⊹ Response measures: Undefined.

✔️Enforcement date: 02.04.2025.

⊹ Countries: All.
⊹ Size: Mutual trade duties will «mirror» the tariffs applied by other countries to American goods.
⊹ Bloomberg forecast: If countries impose similar trade restrictions, it will hit the global economy hard.

✔️Enforcement date: 22.11.2025

⊹ Countries: The largest exporters.
⊹ Size: Undefined.
⊹ Goods: Copper.
⊹ Bloomberg forecast: Minor impact on the United States, the economy of Chile and Canada is the most vulnerable.
⊹ Response measures: Undefined.

✔️Enforce date: 31.12.2025.

⊹ Countries: EU, Great Britain, Canada.
⊹ Size, goods and more: No details yet.

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🔥🇺🇸 The White House supports the abolition of the controversial IRS rule on DeFi brokers (original)

The regulation obliged DeFi brokers to provide the U.S. Internal Revenue Service (IRS) with data about their users.

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📈 On March 6, futures for #CAKE, #BRETT and #AI16Z will be added to Coinbase International and Coinbase Advanced - twitter

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🧐 David Sachs: «Any claims of potential benefits from the creation of a cryptocurrency reserve in the United States are FALSE.»

The Cryptoking of the White House does not own cryptocurrency either indirectly (ETF/crypto companies) or directly. The official sold all his #BTC, #ETH, #SOL and other crypto assets even before the administration started working.

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🇯🇵 USDC became the first authorized dollar stablecoin in Japan! (Coindesk)

The SBI VC Trade exchange received a license from an electronic payment provider + a «green light» from the regulator for the #USDC listing.

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🇸🇻 President of El Salvador Nayib Bukele said that the country will not stop buying BTC (twitter)

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😮 Blockstream attracted multibillion-dollar investments to launch crypto lending funds - Bloomberg

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#opinion
🤔 Mexican billionaire Ricardo Salinas advises everyone to invest in Bitcoin! - CT

He said that 70% of his investment portfolio is distributed among BTC-related assets, and the remaining 30% are distributed among gold and gold miners.

Ricardo Salinas’ condition ≈ $4,600,000,000

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⚙️ #ETH Ethereum «Pectra» update was launched in the Sepolia testnet - The Block

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#opinion
😐 Robert Kiyosaki: «Those who sold Bitcoin during the last collapse lost.

When Donald Trump starts buying BTC to save the U.S. economy, those who scored coins on the decline will win.»

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🇺🇸 U.S. macro data:

▪️ Change in the number of employees in the non-agricultural sector from ADP (Feb)

FACT: 77K
FORECAST: 141K
PREVIOUS: 183K

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🤨🇪🇺 Transfers and storage of #USDT are «not limited» in the EU in accordance with MiCA rules - ESMA

ESMA — European Securities and Markets Authority.

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🥳 #ARB Robinhood announced the listing of Arbitrum - original

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💥 Market expectations (#FRS rate):

- March 19: PAUSE.
- May 7: PAUSE.
- June 18: decrease by 25 b.p. to 4.00-4.25%.
- July 30: decrease by 25 b.p. to 3.75-4.00%.
- September 17: PAUSE.
- October 29: decrease by 25 b.p. to 3.50-3.75%.
- December 10: PAUSE.

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🏆 Donald Trump’s cryptocurrency policy: the main winners! (CryptoRank)

◽️ETF applications: #DOGE, #DOT, #LINK, #BONK, #LTC, #HBAR, #TRUMP, #MELANIA, #AVAX, #XRP, #ADA, #SOL, #ETH and #BTC.

◽️Made in USA (made in USA): #AXS, #OP, #BAT, #BLUR, #ALGO, #GRT, #ZEC, #MANA, #MINA, #ONDO, #DOT, #LINK, #BONK, #LTC, #HBAR, #TRUMP, #MELANIA, #AVAX, #XRP, #ADA, #SOL, #HNT, #APE, #UNI, #LPT, #STX, #FIL, #SUI, #APT, #NEAR and #MOVE.

◽️Blockchain Projects Attend White House (project representatives are part of the White House): #XCH, #FIL, #SUI, #APT, #NEAR, #MOVE, #AVAX, #XRP and #ADA.

◽️Mentioned by Trump (mentioned by Donald Trump): #XRP, #ADA, #SOL, #ETH and #BTC.

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#inside
🔥🇺🇸 One of the largest cryptocurrency market makers Jump Trading returns to the United States! (Coindesk)

Cryptocurrency operations resume in full + hire new employees (crypto engineers, etc.)

Earlier, the company had to wind down its activities in the United States due to regulatory pressure.

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🇺🇸 U.S. macro data:

▪️ Index of supply managers for the non-production sector of the United States from ISM (Feb)

FACT: 53.5
FORECAST: 52.5
PRE.: 52.8

▪️ Index of business activity in the non-manufacturing sector from ISM (Feb)

FACT: 54.4
PRE.: 54.5

▪️ Non-Manufacturing Employment Index (ISM) (Feb)

FACT: 53.9
PRE.: 52.3

▪️ Price index in the non-production sphere ISM (Feb)

FACT: 62.6
FORECAST: 60.0
PRE.: 60.4

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🥳🇺🇸 FOX: The U.S. Senate adopted a resolution to abolish the IRS rule for DeFi brokers, which obliged to transfer user data to the tax service.

Further, the resolution will be voted on in the U.S. House of Representatives.

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