Secondly, tariffs can only make foreign companies start producing chips in the US if it becomes cheaper than doing it somewhere else. But higher American labor costs and the country’s lack of a sophisticated semiconductor supply chain means moving manufacturing there will take years, if not decades, and there’s little guarantee that such US outposts…
We have all been there, listening to our friends and family complain that “everything is more expensive” without a clue about what is happening. They argue that some event here or there is causing it; they say, “It’s the president’s fault” or “The earth is burning, and all food is more expensive to grow,” as…
Key Takeaways Reddit co-founder Alexis Ohanian joins the bid to acquire TikTok US and integrate it with blockchain technology. The initiative would allow 170 million US TikTok users to manage their data using the Frequency blockchain protocol. Share this article Reddit co-founder Alexis Ohanian announced today he has joined efforts to acquire TikTok’s US operations…
There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and has prompted concerns about a potential repeat of the 2022 bear market, according to Santiment’s latest insight. However, optimism briefly resurfaced over the…
XRP reportedly reached a distribution phase as whales sell off assets to secure profit after a “US crypto reserve-triggered rally” forced a sharp upsurge. XRP reserve on Binance is reported to have increased from 2.72 billion to 2.90 billion, signaling an increased selling pressure. XRP recorded a staggering surge of 35% after US President Donald…
The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system. But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I…
Over the weekend, Bitcoin, Ethereum, and other top altcoins spiked following news that the United States plans to create a crypto reserve. Bitcoin broke $93,000, while XRP climbed to nearly $3. However, the rally was short-lived. EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Why Crypto Is Crashing Now On Monday, March 3, 2025,…
The crypto market is witnessing a fresh cascade of liquidations as President Trump’s tariff threats become reality. Trump has officially implemented 25% tariffs against both Canada and Mexico, triggering a 500 point drop in the Dow, alongside small drops in the Nasdaq and S&P 500. In the crypto market, liquidations crossed more than $1 billion…
Key takeaways: A payment gateway is a technology that allows businesses to capture, authenticate, and encrypt online payment information from customers. If you want to accept payments online as a business, you’ll need a payment gateway. Choosing the right payment gateway depends on your business model, budget, and preferred features and support. If you’re a…
President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as Trump…
