Bitcoin and other major coins like XRP and Solana fell fast Friday afternoon as President Donald Trump’s administration unveiled promised tariffs on Canada, Mexico, and China.
Trump’s taxes on imported goods are set to begin Saturday, with 25% tariffs levied on America’s neighbors and 10% for China. Crypto prices plunged on the announcement, as did stock markets, throwing another curveball into a volatile week.
The last few days have been marked by a broad price plunge tied to fear over China’s surprise DeepSeek AI model that rivals the U.S. giants, and a rebound following Federal Reserve Chair Jerome Powell’s positive comments on banks handling crypto.
Bitcoin, XRP and Dogecoin Fall Fast as Trump Tariffs Confirmed
The price of Bitcoin dove Friday after President Trump’s team confirmed that tariffs on China, Mexico, and Canada are imminent.
Solana Meme Coin Dogwifhat Has No Deal With Las Vegas Sphere, Venue Says
Dogwifhat will not appear on the Las Vegas Sphere, a spokesperson told Decrypt, despite indications from the Solana meme coin's backers.
Stablecoin Giant Tether Reports Record Profits Ahead of Bitcoin Rollout
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Uniswap V4 DeFi Protocol Launches on Ethereum and Beyond—Here’s What's New
Decentralized exchange Uniswap launched its V4 protocol across Ethereum, Avalanche, BNB Chain, and beyond Friday, with various improvements.
Xsolla ZK Uses Zero-Knowledge Technology to Create ‘Digital Backpack’ for Game Devs
The new ZK chain will enable game developers and item creators to store and manage in-game items on-chain.
🎮️ GG: 'Deadrop' Game Studio Shutting Down Following Dr. Disrespect Dismissal
Midnight Society, the developer behind Deadrop, confirmed Thursday that it's closing up shop after splitting with its famous co-founder.
🤖 EMERGE: Remember DeepSeek? Two New AI Models Say They’re Even Better
The Allen Institute for AI and Alibaba have unveiled powerful language models that challenge DeepSeek's dominance in the open-source AI race.
🎭️ SCENE: The Real Strategic Reserve? Crypto Super PAC Fairshake Raises $116 Million for 2026 Elections
After dominating the 2024 election, Fairshake apparently intends to keep up the pressure to ensure crypto’s continued political strength.
📚 Watch and Learn
📹️ WATCH: Crypto Gaming Has Conquered the Philippines—Here’s Why
Decrypt’s Sander Lutz and Rug Radio creator Puke Rainbow sit down with Gabby Dizon, co-founder of Yield Guild Games, to discuss the company’s upcoming summit in Manila and why the booming Web3 gaming industry is on the precipice of a major evolution.
🎓️ LEARN: What Is XRP? | The Beginner’s Guide
XRP is designed to help banks move money more quickly and cheaply than existing methods.