Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
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Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation

China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings […] Source: https://news.bitcoin.com/trumps-tariff-threat-prompts-china-to-consider-yuan-devaluation/

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American Egg Board Debuts “Tower of Eggs” Activation in Roblox, Featuring Obstacle Gameplay and Recipe Challenges

Chicago, United States, December 12th, 2024, GamingWire First-ever gaming activation from America’s egg farmers engages gamers through obstacle course gameplay, egg power-ups and in-game recipes. The American Egg Board (AEB) announced today the launch of a first-of-its-kind, in-game activation exclusively in Roblox, an immersive gaming and creation platform: a “Tower of Eggs” pop-up filled with a dozen delicious egg recipes. Featured in…

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Solana Unveils First AI Hackathon With Over $185,000 in Cash Prizes
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Solana Unveils First AI Hackathon With Over $185,000 in Cash Prizes

The hackathon emphasizes leveraging Solana’s high-performance blockchain to support the deployment of AI agents on-chain. Solana Wants Innovative AI Agents Solana has launched its first artificial intelligence (AI) hackathon, marking a significant milestone in integrating artificial intelligence with blockchain technology. The event offers over $185,000 in cash prizes to incentivize global developers and innovators to […] Source: https://news.bitcoin.com/solana-unveils-first-ai-hackathon-with-over-185000-in-cash-prizes/

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Vancouver Votes to Study Bitcoin Strategy Despite Provincial Pushback

In 2013, the inaugural Bitcoin ATM was set up and launched at a local coffee shop in downtown Vancouver. Today, the city is exploring ways to incorporate Bitcoin into its financial system. Vancouver City Council voted Wednesday to explore ways to make the city “Bitcoin-friendly,” taking a bold step into crypto despite potential regulatory hurdles. The controversial motion, spearheaded by…

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JPMorgan Hails Historic Rally as Crypto Soars in Unmatched November
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JPMorgan Hails Historic Rally as Crypto Soars in Unmatched November

November marked a historic surge in the crypto market, with total market capitalization rising by an unprecedented 45%, reaching $3.3 trillion, according to JPMorgan. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” said the bank’s analysts, led by Kenneth Worthington. They explained that the rally bolstered […] Source: https://news.bitcoin.com/jpmorgan-hails-historic-rally-as-crypto-soars-in-unmatched-november/