US President Donald Trump has reportedly announced a 50% tariff on the European Union, starting on June 1, 2025. This development follows Trump’s Truth Social post that threatened Apple with a 25% tariff on iPhones not manufactured in the US. With these escalating trade tensions, financial markets are facing a downturn, with top cryptocurrencies like Bitcoin bleeding.
Binance’s Investment Arm Announces New Altcoin Project It Has Invested In, Leading to a Sudden Price Surge
YZi Labs (formerly Binance Labs), the investment arm of cryptocurrency exchange Binance, has announced that it has invested in MEET48, a decentralized entertainment platform that emerged from BNB Chain’s MVB (Most Valuable Builder) accelerator program. CoinMarketCap chart showing the rise in the IDOL project, which was invested in by Binance...
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