);)
Bitcoin (BTC) rebounded by 10% after Trump announced a 90-day delay in imposing high tariffs on trade partners excluding China. On his social media platform 'Truth Social', Trump stated that he had negotiated with over 75 countries and would delay tariff impositions for 90 days. Meanwhile, in response to China's retaliatory tariffs, Trump said he would impose 125% tariffs on China. Following Trump's announcement, Bitcoin rose by approximately 8.3%, and major altcoins increased by over 10%.
2. Ripple President: "We Will Not Proceed with IPO for Now"
Monica Long, Ripple's president, dismissed recent rumors about Ripple's initial public offering (IPO). At the 2025 Paris Blockchain Week, she explained that Ripple has sufficient liquidity and will focus on corporate growth as an unlisted company.
3. Kraken Announces Cryptocurrency Payment Card in EU and UK, Collaborating with Mastercard
As part of its European business expansion, Kraken announced on the 9th that it will launch a cryptocurrency payment card in Europe and the UK in partnership with Mastercard.
4. European Central Bank Executive: "We Will Issue Digital Euro to Counter Dollar-Linked Stablecoins"
Piero Cipollone, a member of the European Central Bank (ECB) Board, officially stated on the 9th that the digital euro will be developed to limit the influence of US dollar-linked stablecoins in Europe. Through media articles and the ECB's official website, he stated that foreign stablecoins' use as a payment method in the European Union will be restricted, and the EU will protect its economic sovereignty in its own way.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
