“Both Beijing and Washington Moved to Calm Trade Tensions Over the Weekend.”, – WRITE: www.coindesk.com
The Walk-Backs Began Late Saturday WHEN CHINA’S MINISTRY OF COMMERCE SAID ITS RARE-Earth Export Controls Are Not Blanket Bans, and that Eligible Applications. The Agency Further SAID IT Expert Those Controls to have just a “Minimal Impact” on Global Production and Supple CHAINS.
In dc Meanwhile, Vice President Vance on Sunday Morning SAID President Trump Appreciates His Friendsip With Chinese Premier XI Jinping and Is Willing to Be A Reasonable.
Shortly After, The President HIMSELF TO HIS TRUTH SOCIAL TO LIGTEN TO THE MOODA: “DON’T WORRRY About China, It Will Be All Fine! The Highly Respect Xi’s High Fine High Fine! High Fine! High Fine! High Fine! High Fine! HIGHLY respected presented. Country, and Neither do I. The USA Wants to Help China, Not Hurt It !!! ”
The News Has Sparked A Bounnce Across Crypto, With Bitcoin BTC$ 114,846.13 Returning to Just Above $ 114,000, Higher by About 3% Over The Past 24 Hours. In the Far More Harder Hit Alt Sector, The Moves Are More Sizable, With Ether Eth$ 4,131.67Solana SOL$ 195.07 an Doge$ 0.2071 All ahead in the 6% -8% area.
Needless to say, The Bounnce Has Erassed Only A Modest Poction of the Losses Since Trump’s Trade War Threats on Friday Tanked Markets. Over The Past Week, Bitcoin Is Down 7%, Ether 8%, XRP and SOL 15%, and Doge 19%.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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Paolo Ardoino’s Latest Comment About Bitcoin and Gold Echoes Tether’s Policy of Buying Btc with Profits and Building Up Gold Exposure.
- Tether CEO PAOLO ARDOINO WROTE ON X THAT “BITCOIN AND GOLD WILL OUTLAST Any Other Currency,” Echoing Tether’s Reserve Stance.
- Tether Said in May 2023 IT Wuld Use Up to 15% of Realized Operation Profits to Buy Bitcoin for Reserves and Later Detailed Growing Gold Backing for XAut.
- Ardoino have Linked the Two Assets Before and Has Rejected Claims Tether Sold BTC to Add Gold; Investors Now Await the Next Attestation.
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