President Donald Trump’s sudden announcement of a 35% tariff on Canadian imports, alongside threats of broader tariffs on other trading partners, rattled global markets Friday. The U.S. dollar surged and equities reversed from recent highs as traders braced for potential supply chain disruptions and higher costs, even as some analysts warn the actual economic impact could prove more nuanced.
Source: FinanceFeeds
Bitcoin Smashes New Highs Near $118,000 as Institutional Inflows Accelerate
Bitcoin soared to a record high above $118,000, capping a string of powerful gains fueled by robust ETF inflows and growing institutional adoption. Major financial advisors forecast much greater upside, with $500,000+ price targets by 2030, as Wall Street and wealth managers rethink traditional asset allocation models to include cryptocurrencies amid weakening confidence in bonds.
Source: Finance Magnates
Rare Earths Stocks Surge on $Billions U.S. Deal; MP Materials, Lynas, Iluka Rally
Australian rare earth stocks, notably Lynas and Iluka, skyrocketed after MP Materials secured a multi-billion-dollar US government contract to boost domestic supply of critical minerals. The agreement is seen as a direct response to U.S.-China trade tensions, reinforcing the West’s push for supply chain security in key technology and defense inputs.
Source: Seeking Alpha
Robinhood Faces Florida Probe Over Crypto Pricing Claims
Robinhood is under investigation by Florida’s attorney general for allegedly misrepresenting its crypto trading costs as “the lowest average.” The action spotlights concerns over transparency in payment-for-order-flow models and the growing regulatory heat on retail brokers, even as crypto trading becomes a key revenue source for platforms like Robinhood.
Source: FinanceFeeds
BASF Cuts Profit Outlook Citing U.S. Tariff Uncertainty
German chemical giant BASF warned of reduced earnings in 2025, blaming heightened uncertainty over U.S. tariffs and slower global demand. The move underscores how swiftly the evolving trade environment is impacting corporate guidance, especially among multinationals with significant U.S. and China exposure.
Source: Seeking Alpha
Nasdaq Eases Crypto ETP Rules Amid European Demand
The Nasdaq stock exchange has broadened the list of eligible cryptocurrencies for its exchange-traded products in Europe, a move designed to accommodate surging investor demand for regulated digital asset vehicles. The clear regulatory shift follows substantial ETF inflows and broadening mainstream acceptance of crypto assets.
Source: FinanceFeeds
CMC Markets Teases Tokenized Asset Launch, Joins Industry Shift
Retail brokerage CMC Markets signaled plans to roll out tokenized asset offerings via its capital markets arm, marking another major industry player entering the rapidly growing market for blockchain-based securities. The move follows recent launches by Robinhood and crypto exchanges, showing a clear mainstreaming of asset tokenization in global finance.
Source: FinanceFeeds
You May Also Be Interested In…
- Gates Inc. to Tokenize $75M in Tokyo Real Estate via Oasys Blockchain
- European stocks dip as traders anticipate White House letter
- America’s raking in cash from Trump’s tariffs: Investors to benefit?
- Are Investors Too Complacent About Tariffs and Rates Uncertainty?
- Binance Quietly Helped Build Trump-Backed Stablecoin USD1
- CySEC Blacklists 19 Unauthorized FX and Crypto Brokers in Latest Crackdown