Wars – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 02 Aug 2025 16:36:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Wars – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Is Solana Winning The RWA Wars Against Ethereum? https://earlybirdsinvest.com/is-solana-winning-the-rwa-wars-against-ethereum/ https://earlybirdsinvest.com/is-solana-winning-the-rwa-wars-against-ethereum/#respond Sat, 02 Aug 2025 16:36:15 +0000 https://earlybirdsinvest.com/is-solana-winning-the-rwa-wars-against-ethereum/

Real-world asset tokenization is already a massive department within the blockchain industry.

Real World Asset Tokenization Is Here

By giving a real-world asset like a house, car, artwork, collectible item, or season tickets to a sports franchise a blockchain token, cryptocurrency platforms can provide more financial services for users.

In fact, various blockchains hosted $24 billion worth of tokenized real-world assets in June 2025, according to a tally posted by Forbes.

According to the survey, over 205,000 blockchain users held deeds to some real-world assets with the help of 194 various smart contract issuers.

While that’s a large number of vendors to choose from to log real-world property with financial value using the blockchain, number one and two for size in crypto markets are Ethereum and Solana.

It’s interesting to note that Ether’s price gained some 30% over the past 30 days, while SOL is up by a slight 5%.

But this lag may be an opportunity for altcoin investors to speculate on an undervalued RWA segment within these two digital currency economies.

Solana RWA Growth Outpaces Ethereum in Q1 – 2

According to data collected by RWAxyz, a blockchain explorer that focuses on tokenized real-world assets, the total value of all the segment on Solana increased by over +200% year-to-date by mid-July.

Meanwhile, Ethereum’s pool of RWAs grew in market value by +81% YTD. That’s certainly impressive growth, driven by increased blockchain adoption and a perceived bull market. But Solana RWAs grew more than twice as fast over the same 28-week period.

The RWAxyz data indicates a Solana RWA growth of +200% YTD by mid-July; however, Messari data shows a figure of +140% growth for the year so far, with a total value exceeding $418 million.

The US government hopes to support the blockchain industry’s efforts to tokenize real-world assets. Securities and Exchange Commission Chairman Paul Atkins recently said,

“Tokenization is an innovation and we at the SEC should be focused on how do we advance innovation at the marketplace.”

Solana’s performance this year in meme coins and RWAs is impressive, but a Wall Street-driven demand shock for Ethereum could still hand Ether tokens the edge in 2025’s altcoin price markets.

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The Lazy, Hazy, Crazy Days of Summer: AI, VR, and the Trade Wars https://earlybirdsinvest.com/the-lazy-hazy-crazy-days-of-summer-ai-vr-and-the-trade-wars/ https://earlybirdsinvest.com/the-lazy-hazy-crazy-days-of-summer-ai-vr-and-the-trade-wars/#respond Tue, 15 Jul 2025 21:51:24 +0000 https://earlybirdsinvest.com/the-lazy-hazy-crazy-days-of-summer-ai-vr-and-the-trade-wars/

This summer, following my return to full-time work after my six-month, half-time sick leave for job burnout, has been interesting, in both positive and negative ways (remember the ancient Chinese curse, “may you live in interesting times.”) I’ve already written at length about our unprecedented, climate-change-fuelled wildfire season here in Manitoba, but there have been other things on my mind as well: AI, VR, and the ongoing trade war with the United States.

I have been learning a lot more about artificial intelligence in general, and generative AI in particular, over the past few months. I am doing this to prepare myself for a couple of events this coming Fall term at my university.

Well, I have somehow talked myself into giving a 15-minute presentation on artificial intelligence and generative AI (GenAI) to the professors at an upcoming Faculty Council meeting in the Faculty of Agriculture and Food Sciences (as I am the liaison librarian serving the faculty). This all came out of a recent addition to my PowerPoint slides last year, where I was warning the students I spoke to about the dangers of relying on GenAI tools like ChatGPT as search engines. I had been telling members of the Agriculture Library Committee about this work, at one of our face-to-face meetings. By the end of the discussion, I had agreed to give a presentation to Faculty Council. (Me and my big mouth!)

However, to my horror, I realized that the field of GenAI was now evolving so quickly, that pretty much everything I had talked about last year was already way out of date! So this necessitated a lot of reading (yes, actual books from the university’s collection), and a lot of web browsing, including taking some online courses, in order to work my way up the learning curve. It turns out that being asked to give an accessible presentation on a topic, to an audience of professors (who are pretty smart people overall), is a very powerful motivator to learn new things!

So I have been spending much of the past couple months learning more about AI. I had already had a subscription to ChatGPT, by OpenAI, being among the first million people to set up an account in 2022. To that, I have added a second subscription to a service called Claude AI, by a company called Anthropic, which was founded by some ex-OpenAI employees who had some ethical concerns about the direction in which their former company was going with its GenAI products.

I’m getting closer to the point that I now feel more comfortable attempting to pull together this 15-minute talk. In addition, I have agreed to team-teach a course to graduate students and student advisors on GenAI this Fall term, along with a lawyer. The lawyer will discuss the legal and copyright issues associated with GenAI, and I will focus on the technical and practical aspects of GenAI tools (leaning heavily on the same content as my talk to the agriculture professors). I am slowly but surely becoming the in-house AI expert at the University of Manitoba Libraries, as well as the virtual reality expert!


Speaking of virtual reality, now that I am no longer officially involved with the ongoing virtual/augmented reality lab project at my university library system, all the VR equipment I had donated to the lab has been returned to me (the people working on the project have decided to purchase brand-new equipment).

I have had to drag a second desk into my open-office cubicle area to re-setup my Windows desktop PC and Vive Pro VR headset, and I’ve had to find space to stash away my Meta Quest 2 and Meta Quest 3 wireless headsets when I am not using them! Between work and home, I have no less than five different headsets to deal with (my Valve Index at home sits unused because I need to reinstall its software after the recent hard drive crash of my personal computer, and, of course, my Apple Vision Pro, about which I have written several blog posts over the past twelve months).

However, I must confess that I haven’t really used any of the Windows VR/AR headsets very much since I bought my Apple Vision Pro, which I still use a couple of hours a day at work in the large, clear (and now, ultra widescreen!) Virtual Display, with my MacBook Pro. Often, I lug my Apple Vision Pro home in my backpack, using it there to watch TV and movies, to browse Reddit news posted to the AVP subreddits, and to hang out and chat with folks from all over the world in InSpaze (still one of the killer apps, in my opinion). This device is worth every penny I paid for it, despite its high price tag, and I will be first in line for whatever Apple comes out with next in its line of spatial computing devices. I’m all in.

As many of you already know, I have already completely given up on most corporate-run, algorithm-driven social media platforms, most of which have become toxic cesspools. I left Meta’s Facebook several years ago, and I quit Twitter/X when Apartheid Clyde took over. While I still have nominal accounts on Mastodon (from which I watched the Twitter dumpster fire from afar), and Bluesky (to follow public health experts and, more recently, AI experts), I find that I can now go weeks at a time without bothering to check either site. I have found that my mental and emotional health has greatly improved since I have essentially discarded most social media, and I can recommend it highly.

I have also been going through the long, slow, arduous process of disengaging from Google as well, replacing the Chrome web browser with Firefox, Google search with Qwant, YouTube Music with Apple Music*, and Gmail with the Swiss-owned, privacy-oriented Proton service. In particular, the switch from Gmail to Proton email has been lengthy and ongoing.


I don’t think that most Americans (as disinterested as they tend to be about anything that goes on outside their borders) really understand just how royally pissed off Canadians are at the United States right now. As I write this, the latest word from Donald Trump is that he is planning to impose a 35% tarriff on Canadian imports, which of course is going to kick off another round of tit-for-tat trade war, which is going to piss Canadians off even more than they are already. Elbows up!

I read an article last week in Maclean’s (the Canadian version of Time or Newsweek) that made that point quite well, so I am quoting it at length below:

Canadians define themselves in opposition to the United States because the country was founded by people who rejected the bloody American Revolution. We’ve kept rejecting it for almost three centuries.

The United States is an unpredictable and increasingly dysfunctional empire, an extended experiment in pushing everything to the extreme. Canadians, on the other hand, have a long but imperfect history of muddling along peaceably. We are not bound together by some intrinsic identity—by language, race, religion or a shared and glorious history of revolution or conquest. We become nationalistic only when it is necessary to protect ourselves against the aggression of the United States.

That negative, defensive definition has always been enough. It is kind of the point of Canada.

As Canada settled deeper into the winter of 2025, and Trump kept boorishly insisting that Canadians would be happier in his clutches, we got mad.

Canadians yanked U.S. liquor from store shelves, cancelled trips and hoisted flags, even in downtown Montreal. Pallets of U.S. produce spoiled in the supermarket aisles. Normally bustling American border towns that depended on shopping day trips were suddenly silent. The U.S. departure lounges at Pearson and Trudeau were empty.

Nova Scotia Premier Tim Houston removed interprovincial trade barriers for any province that would reciprocate and, post-election, Mark Carney went a step further and pledged to dismantle all interprovincial trade barriers by Canada Day. Manitoba Premier Wab Kinew announced he was planning to let some electricity contracts with the States lapse and use much of that excess power to boost his own province’s energy economy. Quebec Premier François Legault said Quebecers would consider east-west oil pipelines they had previously opposed.

People were soon speculating about a guerrilla war of resistance. The Americans might be able to take Canada, but could they hold it? How could they justify the casualties they would take? At the end of January, one of the most capable men I know texted me, out of the blue, that he had told his wife, the mother of his infant child, that he’d be “willing to die on the end of a rifle to make sure” the Americans could not take Canada.

It became clear how deep the feeling ran on February 1 at Ottawa’s Canadian Tire Centre, where the Senators played the Minnesota Wild. Because Ottawa is a government town, and there are often as many Leafs or Habs fans in attendance as Sens supporters, it can be a dull place to watch a game. But there was nothing sedate about the booing as “The Star-Spangled Banner” played. Fans booed it heartily from start to finish, drowning out the unfortunate singer.

Stephen Maher, “Never for sale.” Maclean’s, July 2025.

I honestly don’t know how all this is going to play out over the next four years, but I have slowly learned to tune out whatever batshit craziness is happening in the United States and its trade war with Canada (and the rest of the world), and to focus on what I can control. So I have been voting both with my feet and my wallet.

In particular, like many of my fellow Canadians, I refuse to visit the United States until Trump is out of office. No conferences, no vacations. Nothing. And I have already cancelled my subscriptions to Netflix and Amazon Prime, and most recently I added both Disney+ and Hayu (Bravo/Peacock reality TV) to that list. I’m probably not done yet. I am pissed.

During the pandemic, I got into the habit of ordering my groceries online through the Walmart website, and then using their Pickup service early Saturday morning. Not any more! I have used my librarian skill set to extensively research Canadian-made alternatives to American brands (Buh-bye, Campbell’s Chunky Soup! Hello, Tim Horton’s Soup!). I have swapped the Walmart website for the Real Canadian Superstore, still picking up my online-ordered (but now overwhelmingly Canadian-produced) groceries bright and early Sunday morning. Works just as well for me!

Finally, I have gone and joined the Red River Co-Op, a locally-owned co-operative grocery store and gas station that has been active here in Winnipeg since the 1930s. And I do plan to regularly shop at the St. Norbert farmers’ market, just south of where I live in Winnipeg, to support locale farmers and artisans (it’s quite literally across the street from the Red River Co-Op store I now shop at!).

So, that’s my report from my lazy, hazy, crazy days of summer! Stay cool and stay sane in these trying times.


*I fully realize that Apple is an American company, but I associate Apple with California, and I am not averse to supporting liberal-leaning, Democratic-voting California! 😜

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Trump and Iran: Why does the US keep intervening in Mideast wars? https://earlybirdsinvest.com/trump-and-iran-why-does-the-us-keep-intervening-in-mideast-wars/ https://earlybirdsinvest.com/trump-and-iran-why-does-the-us-keep-intervening-in-mideast-wars/#respond Wed, 25 Jun 2025 19:18:04 +0000 https://earlybirdsinvest.com/trump-and-iran-why-does-the-us-keep-intervening-in-mideast-wars/

In April 1980, President Jimmy Carter authorized Operation Eagle Claw, an ill-fated military operation to rescue the American hostages held at the US embassy in Iran. Since then, every US president has ordered at least one — usually more than one — military intervention in the Middle East and North Africa.

Under Ronald Reagan, there was the bombing of Libya and the deployment of Marines to Lebanon. Under George H.W. Bush, there was Operation Desert Storm. Under Bill Clinton, airstrikes against Saddam Hussein’s regime in Iraq and against al-Qaeda in Sudan. Under George W. Bush, the invasion of Iraq. Under Barack Obama, a multicountry counterterrorist drone campaign, the toppling of Muammar al-Qaddafi’s regime in Libya, and the redeployment of US troops to Iraq to fight ISIS. Under Donald Trump’s first term, an expanded campaign against ISIS, missile strikes against the Syrian regime, and the targeted assassination of Iran’s most powerful military leaders. Under Joe Biden, the deployment of US troops to the region following the October 7, 2023, attack and the airstrikes against Yemen’s Houthi rebels.

Now, in his second term, Trump has crossed another Rubicon, becoming the first US president to use military force on the soil of America’s longtime adversary, Iran. Though a ceasefire has now been declared, it’s very possible this crisis is only beginning, particularly if, as US intelligence agencies reportedly believe, much of Iran’s nuclear program is still intact after the strikes.

Trump’s pivot toward the Middle East is a surprising turn from this president. This is a very different message from the one he delivered in Saudi Arabia just last month when he decried “neocons” and “interventionists” for ill-considered attempts to remake the region through force. Trump has said in the past, in reference to the Iraq war, that “GOING INTO THE MIDDLE EAST IS THE WORST DECISION EVER MADE IN THE HISTORY OF OUR COUNTRY,” and he has generally appeared to view the region — apart from wealthy Gulf States — as a hopeless war zone with little to offer the US.

While he was often stymied in his attempts to withdraw troops in his first term by hawkish advisers, this time many of his senior appointees have been so-called “restrainers,” who advocate pulling back from US military commitments overseas or “prioritizers,” who want to shift attention to what they see as the more important challenge posed by China. Until very recently, they appeared to have the upper hand. But in the current crisis, the US actually relocated important military assets from the Pacific to the Middle East to the consternation of some Pentagon officials.

The stated desire to end “endless wars” in the Middle East and shift to bigger priorities is something the Trump administration has in common with the other two post-Iraq war presidencies. Barack Obama was elected in large part because of his opposition to the war in Iraq. In 2011, his secretary of state, Hillary Clinton, promised a “pivot” to Asia and the Pacific for US foreign policy priorities. The Arab Spring and the rise of ISIS got in the way of that, and the phrase “pivot to Asia” became a running joke in US foreign policy circles. Joe Biden withdrew US troops from Afghanistan — not a Middle Eastern country but very much the archetypal “endless war” of the post-9/11 era — and put forward a foreign policy vision emphasizing great power competition with China. His national security adviser infamously described the Middle East as “quieter than it has been in decades” just days before the October 7 attacks shattered that quiet and shifted his boss’s priorities.

“Right now, President Trump is having what I call his ‘Michael Corleone’ moment, and at some point, every president has one,” said Brian Katulis, a senior fellow at the Middle East Institute, referring to Al Pacino’s famous line in The Godfather III, “Just when I thought I was out, they pull me back in.”

But why does this dynamic keep repeating? Why, 45 years after Operation Eagle Claw and 22 after the invasion of Iraq, can’t the US military “get out” of this region?

The Middle East is still important…and still has a lot of problems

One big reason why the US keeps getting drawn into the Middle East’s crises is that those crises keep happening.

“The Middle East is an area of enduring national security interest of the United States, and it’s far from stable,” said Emily Harding, a former CIA analyst now at the Center for Strategic and International Studies. “And as a result, we’re going to keep getting dragged in until it reaches something resembling stability.”

Why is it an important interest? The simple answer is economics. The Middle East contains two of the global economy’s most important chokepoints: the Strait of Hormuz, through which 20 percent of global oil flows, and the Red Sea, through which 12 percent of global trade flowed until shipping was disrupted by Houthi attacks.

The “no blood for oil” slogans of Iraq War protesters were an oversimplification, but it’s undoubtedly true that keeping the region’s oil and gas flowing to the world has been a US priority since Franklin Roosevelt met with the king of Saudi Arabia aboard a cruiser on the Suez Canal in 1945, kicking off the modern US-Saudi relationship. In the 1970s, the principle that the US would use military force to prevent any country from a hostile takeover of the Gulf region, and its vast energy supplies, was enshrined as the “Carter Doctrine.”

Today, thanks to domestic production, the US is much less directly dependent on Middle Eastern oil than it used to be, but disruptions in the region can cause global energy prices to spike.

Beyond economics, events ranging from the 9/11 attacks to the Syrian refugee crisis have illustrated that the Middle East’s regional politics don’t always stay regional.

America’s unique relationship with Israel is another reason why the US is continually involved in regional crises. For decades, the US has supported Israel and attempted, with mixed success, to help mediate its relationships with its neighbors and with the Palestinian territories. But the US military actually actively participating in Israel’s wars rather than just sending weapons — as happened to some extent under Biden and now much more explicitly under Trump — is a fairly new dynamic.

America is still the region’s preeminent outside power

Ever since the 1960s, when Britain withdrew many of its “East of Suez” troop deployments, America has been the preeminent military power in the region. That remains true despite growing concern in Washington about China or Russia’s influence.

When crises do erupt, the US, with more than 40,000 troops in bases throughout the region and close security and political partnerships with key powers in the region, is often the outside power best positionedto intervene. When the Houthis began attacking shipping traveling through the Red Sea, there was little question of what country would lead the operation to combat them, much to the irritation of America Firsters like Vice President JD Vance.

Michael Wahid Hanna, director of the US program at Crisis Group, says another reason the US often feels compelled to intervene in Middle East crises is that it “had a major role in fomenting” something. He pointed to what he called the “two great sins of the post-Cold War era for the United States,” the failure to secure a resolution of the Israel-Palestine conflict in the 1990s, when the US enjoyed far more leverage than it does today, and the invasion of Iraq. Both continue to drive instability in the region today.

As Secretary of State Colin Powell’s famous “Pottery Barn rule” warned in the run-up to the war in Iraq, “if you break it, you own it.”

What if we’re the problem?

Advocates of US engagement in the Middle East argue that if we pull back, it will create power vacuums that will be filled by malign actors. Obama felt compelled to redeploy US troops to Iraq just three years after withdrawing them when the country’s military collapsed in the face of ISIS.

But advocates of foreign policy restraint argue that the US isn’t doomed to keep intervening, and that its presence isn’t actually helping.

Stephen Wertheim, senior fellow in the American Statecraft Program at the Carnegie Endowment for International Peace, believes that US security partnerships can actually embolden governments in the Middle East to escalate crises, knowing that they can count on US support to deal with the consequences. The most recent illustration is Benjamin Netanyahu’s decision to attack Iran, made under the correct assumption that he would have backup from the Trump administration.

“What we have is a delusion in which we think that we can continue to maintain close security partnerships with states in the Middle East, station hundreds of thousands of US service members around the region indefinitely, and that somehow the next bombing will restore deterrence, and we’ll get to peace and stability,” he said. “That hasn’t worked for my whole lifetime.

Whether you think America is uniquely positioned to provide stability or that it’s the cause of the instability, voters should probably treat promises of pivots away from the Middle East with skepticism.

Promising to bring American troops home is always going to be a political winner. And whether it’s a rising China or America’s own borders, one thing there’s agreement on across the political spectrum is that America’s core security interests are not in the Middle East. That’s especially true as the country’s post-9/11 focus on terrorism has faded.

But, says Michael Rubin, senior fellow and Mideast specialist at the American Enterprise Institute, “Most Americans understand history through the lens of four-year increments. We believe each administration starts with a tabula rasa.”

Administrations are often optimistic that one military campaign (such as Israel’s recent decimation of Iran’s Axis of Resistance) or one grand bargain (such as the Biden administration’s attempts to reach a Saudi-Israel normalization deal that would also revive the Israeli-Palestinian peace process) will resolve the region’s issues enough that America can move on to other things.

The region’s leaders, many of whom have been in power for decades, often take a longer view. More likely is that the regional crises, some of which we’ve played a role in creating, will be occupying America’s attention for administrations to come.

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Spam Wars: Bitcoin Core Devs At Center Of Heated Debate https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/ https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/#respond Mon, 09 Jun 2025 00:08:09 +0000 https://earlybirdsinvest.com/spam-wars-bitcoin-core-devs-at-center-of-heated-debate/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to a joint statement released on June 6, 2025, 31 Bitcoin Core developers have taken a clear stance on how the network should handle non-monetary uses. They stressed that their role is not to support or block data inscriptions and other non-financial activities.

The move has stirred strong feelings across the community, with debates touching on freedom, fees, and the very purpose of Bitcoin.

Developer Stance On Data Policies

Based on reports, the Core team said they won’t step in to stop “harmless” data from entering the blockchain. They pointed out that Bitcoin’s main strength is its resistance to censorship. So, any user-driven software choices must stand.

They made it plain: it’s up to node operators to pick what they accept. This approach aims to keep the network free, even if that means it carries extra data.

Community Voices Split

Following the statement, reactions poured in. Samson Mow, CEO of JAN3, called the developers’ tone hollow and said recent changes have “opened the floodgates” for spam. He argued that removing technical barriers encourages unwanted data.

On the flip side, Jameson Lopp of Casa praised the clear explanation of relay rules. Lopp pointed out that a unified voice from developers helps to cut down on past confusion over policy.

Recent Upgrade Sparks Worries

On May 8, 2025, Core developers removed a long-standing limit on transaction data size. That tweak lets anyone include bigger chunks of information in transactions. Critics worry this will drive up blockchain bloat and push fees higher.

BTC is now trading at $106,052. Chart: TradingView

Supporters say predicting what miners will include—and passing that info along—is key to keeping Bitcoin running smoothly. They claim this neutral relay policy helps miners and users alike, even if not everyone buys into it.

Future Forks And Layer Solutions

Looking ahead, some think a new fork could split off a “pure money” chain that blocks data inscriptions. Others foresee layer-2 networks or sidechains taking on the heavy lifting for art, messaging, and other uses.

Either way, most agree that wallets and node software will soon offer options: one for clean, finance-only transactions, and another for those who don’t mind extra data. This choice will let users vote with their settings instead of relying on developers to make the call.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Analysts Say $2,500,000,000,000 ‘Avalanche’ of Selling Could Hit US Dollar, Warn Trade Wars Threatening Greenback’s Appeal: Report https://earlybirdsinvest.com/analysts-say-2500000000000-avalanche-of-selling-could-hit-us-dollar-warn-trade-wars-threatening-greenbacks-appeal-report/ https://earlybirdsinvest.com/analysts-say-2500000000000-avalanche-of-selling-could-hit-us-dollar-warn-trade-wars-threatening-greenbacks-appeal-report/#respond Thu, 08 May 2025 07:25:14 +0000 https://earlybirdsinvest.com/analysts-say-2500000000000-avalanche-of-selling-could-hit-us-dollar-warn-trade-wars-threatening-greenbacks-appeal-report/

The US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of macroeconomic and currency strategists.

Eurizon SLJ Capital’s analysts Stephen Jen and Joana Freireat say in a new investment note that Asian investors have accumulated a massive pile of USD that could be ditched en masse if trade wars intensify and the dollar weakens, reports Bloomberg.

According to the analysts, if the US-driven trade conflict grows, a significant number of Asian investors could bring substantial capital back home or seek to bolster their defenses against a declining USD.

That, they warn, could leave the dollar facing a $2.5 trillion “avalanche” of selling.

“We suspect these dollar hoardings by Asian exporters and institutional investors may be extremely large – possibly on the order of $2.5 trillion or so – and pose sharp downside risks to the dollar vis-à-vis these Asian currencies.”

Bloomberg says its dollar gauge has dropped about 8% from a February high. Meanwhile, Asian currencies have strengthened versus the greenback in the past month.

President Trump signed an executive order in April that imposed a 10% tariff on all imported goods entering the US, with the stated aim of increasing domestic manufacturing. The President also issued a proclamation that slapped reciprocal tariffs on dozens of countries.

The Trump administration says it is currently engaging with more than a dozen countries around the world to craft new trade deals.

Meanwhile, US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are set to meet with their Chinese counterparts to discuss trade and economic issues in Switzerland this week.

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As Trade Wars Heat Up Over Trump's Tariffs, Is Taiwan Semiconductor Stock Still a Buy Before April 17? https://earlybirdsinvest.com/as-trade-wars-heat-up-over-trumps-tariffs-is-taiwan-semiconductor-stock-still-a-buy-before-april-17/ https://earlybirdsinvest.com/as-trade-wars-heat-up-over-trumps-tariffs-is-taiwan-semiconductor-stock-still-a-buy-before-april-17/#respond Wed, 16 Apr 2025 13:08:22 +0000 https://earlybirdsinvest.com/as-trade-wars-heat-up-over-trumps-tariffs-is-taiwan-semiconductor-stock-still-a-buy-before-april-17/ Semiconductor stocks are selling off as Trump’s tariff agenda sparks ongoing tensions among trade partners. Is this an opportunity to buy Taiwan Semi?

Generally speaking, stock prices move based on reactions to quarterly earnings or economic indicators such as inflation or unemployment rates. At the moment, those variables have taken a back seat to another gigantic topic: swaying investor sentiment.

Of course, I’m referencing President Trump’s tariff policies. With earnings season quickly approaching, investors are surely going to be dialing in to earnings calls to hear what corporate executives have to say about how tariffs are impacting their businesses.

Let’s explore how the narrative around Trump’s tariffs have already impacted the stock market — and in particular, the technology sector. From there, I’ll hone in on semiconductor stocks and explore if Taiwan Semiconductor Manufacturing (TSM 1.03%) looks like a good buy right now as the company’s earnings come into focus on April 17.

Trump’s tariff policies are rocking the stock market, and big tech is really feeling the pressure

President Trump announced his new tariff agenda on April 2, calling the high-profile event “Liberation Day.” Since then, the S&P 500 (^GSPC -0.17%) and Nasdaq Composite (^IXIC -0.05%) have each fallen by more than 10% at the lowest levels. In addition, megacap growth stocks in the technology sector have been feeling quite a bit of pressure.

At the moment, the allure of artificial intelligence (AI) isn’t enough to entice wary investors. As the chart illustrates, the Roundhill Magnificent Seven ETF, which tracks the movements of “Magnificent Seven” stocks Nvidia, Microsoft, Apple, Tesla, Meta Platforms, Alphabet, and Amazon, is down about 5% since April 2.

^SPX Chart

^SPX data by YCharts

Chip stocks have been particularly vulnerable

While this analysis sheds light on how the tariff narrative is impacting leading technology stocks, it doesn’t do much to help us understand how Trump’s new policies are affecting the semiconductor industry.

The reason I am focused on semiconductors is twofold. First, chips play an integral role in the development of generative AI. In addition, chip companies such as Nvidia, Advanced Micro Devices, and many more outsource much of their manufacturing to Taiwan Semiconductor.

These tariffs have already sparked quite a bit of tension among international trade partners with the U.S. Given that many American technology companies rely on the sophisticated fabrication services from Taiwan Semi, ongoing negotiations around what specific goods are subject to tariffs could take a toll on near-term business prospects.

SMH Chart

SMH data by YCharts

As the graph indicates, chip stocks haven’t fared so well over the last couple of weeks. Among the stocks I’ve outlined, TSMC is the second-worst performing stock in this peer set, with a drop of 8.5% since April 2.

Taiwan Semi corporate office.

Image source: Taiwan Semiconductor Manufacturing.

Should you buy the dip in TSMC stock right now?

I can understand if the sell-off in the stock market right now is disorienting to investors. That said, there are a few things on my mind as a long-term investor.

Unlike other forms of legislation and regulatory affairs, tariff policies don’t always need intermediary approvals from Congress. For this reason, tariffs can generally be imposed or reversed pretty quickly. This dynamic can be a positive or a negative, depending on the situation.

For example, the Trump administration could choose to impose very specific types of tariffs around certain aspects of semiconductor products or certain countries that manufacture and export them to the U.S. Given how fast these policies can change, it’s natural for investors to become bogged down by all the uncertainty.

With that said, I see a silver lining hiding among all of this hoopla. According to the National Economic Council leadership, the Trump administration is currently in negotiations with 130 countries around the tariffs. I’m cautiously optimistic that these trade talks are a good signal for what’s to come down the road.

Said another way, I see the tariffs as a bargaining chip to renegotiate trade relations. As such, the near-term uncertainty has caused widespread panic in the capital markets. However, the long-term results could be much more positive if the U.S. is able to hammer out some new trade deals.

While the day-to-day talks and negotiations will likely dominate news headlines, I wouldn’t focus too much on that right now. Instead, I’d encourage investors to focus on the moves big tech is making.

So far this year, there have been a number of large-scale AI infrastructure projects announced, including over $300 billion from Microsoft, Meta, Amazon, and Alphabet, as well as a $500 billion commitment from Apple. Investment in AI doesn’t appear to be going away, and I see ongoing spending from big tech as a catalyst for TSMC’s services in the long-run.

While I suspect the markets will continue to witness volatility as the tariff situation unfolds in the near term, I think the current dip in Taiwan Semi stock is too good to pass up right now. Therefore, I would encourage investors to consider buying Taiwan Semi shares as earnings season fast approaches.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Adam Spatacco has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nebius Group, Nvidia, Taiwan Semiconductor Manufacturing, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

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Bitcoin Dips In Wake Of Tariff Wars — But Don’t Panic Yet, Says Analyst https://earlybirdsinvest.com/bitcoin-dips-in-wake-of-tariff-wars-but-dont-panic-yet-says-analyst/ https://earlybirdsinvest.com/bitcoin-dips-in-wake-of-tariff-wars-but-dont-panic-yet-says-analyst/#respond Thu, 10 Apr 2025 07:15:37 +0000 https://earlybirdsinvest.com/bitcoin-dips-in-wake-of-tariff-wars-but-dont-panic-yet-says-analyst/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The global tariff war sparked by US President Donald Trump’s blanket 10% tariff on all countries – effective April 5 – continues to escalate, sending shockwaves through global markets. In a sharp retaliation, China has announced an 84% tariff on US imports, following Washington’s move to increase tariffs on Chinese goods to 104%. 

Bitcoin Shows Weakness Amid Rising Global Tariffs

This rising economic tension has injected significant volatility into traditional and digital asset markets, with Bitcoin (BTC) showing signs of weakness amid growing uncertainty.

Over the past seven days, Bitcoin has dropped by 9.1%, falling from approximately $87,100 on April 2 to around $76,000 at the time of writing. The weakness isn’t isolated, as altcoins like Ethereum (ETH), Solana (SOL), and XRP have posted double-digit losses, underperforming even the flagship cryptocurrency.

Meanwhile, the probability of a global recession has spiked to 68%, its highest level since the height of the COVID-19 pandemic. Major equity markets are also under pressure, with the Dow Jones Industrial Average plunging 9.8% over the past five days – one of its sharpest short-term declines in recent memory.

Despite the grim macroeconomic backdrop, prominent crypto analyst CryptoGoos believes there’s no need for panic yet. Sharing a historical BTC price chart, the analyst noted that “every bull market sees major corrections,” and that the current dip is not unusual.

goos1
Source: CryptoGoos on X

In a separate post on X, CryptoGoos also highlighted that crypto whales – wallets with substantial BTC holdings – are accumulating at an unprecedented rate. While this could signal confidence from institutional players, it may also suggest potential volatility ahead, as large investors can manipulate prices and trigger “bull traps” to shake out retail traders.

goos2
Source: CryptoGoos on X

​​On the other hand, analyst Master of Crypto presented a more optimistic outlook. Pointing to a bullish divergence forming on the daily BTC chart, the analyst suggested that Bitcoin could target $83,500 in the short term if current support levels hold.

moc
Source: Master of Crypto on X

Is BTC Heading To $65,000?

However, not all experts share this enthusiasm. Commentator Titan of Crypto warned that BTC is approaching a critical inflection point. He shared the following weekly chart showing Bitcoin testing two historically strong support levels – the 50-week simple moving average (SMA) near $73,000, and a 2-year rising trendline around $65,000.

titan
Source: Titan of Crypto on X

Despite conflicting short-term views, a recent Binance Research report emphasized Bitcoin’s underlying strength. The report noted that, despite mounting tariff pressures, BTC’s March 2025 monthly close maintained the asset’s bullish market structure. At the time of writing, BTC is trading at $76,756, down 4.1% over the past 24 hours.

bitcoin
BTC trades at $76,756 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from X and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Cardano Price Analysis: ADA Bounces as Trade Wars Ease, But $0.30 ADA Remains Likely https://earlybirdsinvest.com/cardano-price-analysis-ada-bounces-as-trade-wars-ease-but-0-30-ada-remains-likely/ https://earlybirdsinvest.com/cardano-price-analysis-ada-bounces-as-trade-wars-ease-but-0-30-ada-remains-likely/#respond Thu, 10 Apr 2025 02:54:51 +0000 https://earlybirdsinvest.com/cardano-price-analysis-ada-bounces-as-trade-wars-ease-but-0-30-ada-remains-likely/ The Cardano (ADA) price jumped an impressive 13% on Wednesday after US President Trump backed off somewhat from his trade war against the rest of the globe, facilitating a major rally in risk asset markets.

Last around $0.63, the Cardano price is up a stunning 23% from its Monday lows around $0.50.

The US President announced a 90-day pause on the implementation of new tariffs on some countries on Wednesday.

However, he increased tariffs on Chinese imports to 125% over the “lack of respect that China has shown to the world’s markets.”

With Cardano, other major cryptos and stock markets having become very oversold at lows earlier this week, the market was ripe for a bounce.

And Trump backing off from at least some of his tariff threats was just the catalyst traders needed to close out some shorts, and for dip buyers to flood back into the market.

Could this be the start of a new Cardano price rally back to its December highs in the $1.30 area?

Where Next for the Cardano Price – Back to All-time Highs?

The impressive Wednesday rally has some traders asking if the Cardano price might now have bottomed, and a return to late-2024 highs might be on the cards.

Well, an easing of trade war concerns and the fact that the market got so bearish and oversold earlier this week suggest that a local low is likely in.

A choppy continued recovery could well extend in the coming days, assuming no new trade war escalation headlines rock sentiment once again.

Of course, that’s no guarantee, as the trade war between the US and China continues to heat up, even if things are cooling off with other nations.

Macro could also throw spanners in the works. Still too hot inflation, which could rise further as tariff affects creep through, and a robust labor market are preventing the Fed from being able to ease to support falling markets and a slower economy.

CPI data out later this week could further highlight strengthen the case for the Fed to sit on its hands.

With money markets currently pricing 100bps of easing by the year’s end, per the CME’s Fed Watch Tool, there is a risk that hot inflation data disappoints the market and risk appetite is hurt.

And US treasury markets continue to send disturbing signals, with the US 10-year yield having jumped 45bps from earlier weekly lows to around 4.30% as of early Thursday overnight trade.

With US long-dated yields still well above 4.0%, investors will be disappointed by the lack of downside in US bond yields despite the meaningful correction in US stock markets in recent weeks.

All said, it remains a complicated backdrop for risk assets. Investors, retail or institutional, are unlikely to feel confident enough to pile back into crypto’s like Cardano anytime soon.

Cardano Back to $0.30?

Bearish technicals and a lack of any notable Cardano specific narratives further increase the risk of further price downside in the near-future.

Cardano has seen a decent bounce from recent weekly lows, but remains in an overall downtrend, and remains substantially below all of its major moving averages.

Meanwhile, all of the hype that Cardano would somehow be one of the major beneficiaries of the arrival of a pro-crypto Trump administration hasn’t come to anything yet.

Cardano hasn’t been selected as the blockchain to run Treasury payments on top of. Cardano co-founder Charles Hoskinson didn’t make it into Trump’s inner circle of crypto advisors.

Yet the Cardano price still remains around 2x above its pre-Trump election victory levels.

A worsening backdrop in the months ahead coupled with a continued deflation of retail hype, suggests the Cardano price could continue to ebb lower back to its mid-2024 range in the $0.20s-40s.

One theme to watch: Ripple and Cardano appear to be cooking up some sort of collaboration. It remains to be seen whether this will yield any bullish results for either crypto.

The post Cardano Price Analysis: ADA Bounces as Trade Wars Ease, But $0.30 ADA Remains Likely appeared first on Cryptonews.

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The stablecoin regulation wars: can Tether stay on top? https://earlybirdsinvest.com/the-stablecoin-regulation-wars-can-tether-stay-on-top/ https://earlybirdsinvest.com/the-stablecoin-regulation-wars-can-tether-stay-on-top/#respond Sat, 05 Apr 2025 21:49:52 +0000 https://earlybirdsinvest.com/the-stablecoin-regulation-wars-can-tether-stay-on-top/

The following is a guest post and opinion of Anastasija Plotnikova, CEO and Co-Founder of Fideum.

2025 has been dubbed “the year of the stablecoin,” with stablecoins surging in popularity and gaining ground globally, especially under the new crypto-friendly U.S. administration. 

Leading fiat-backed stablecoins USDT and USDC hold 92% of the market share. Tether, the issuer of USDT, has grown to a market cap of over $140 billion, supporting more than 400 million users, particularly in underbanked regions.

However, Tether’s dominance is facing increasing competition. Well-established and new competitors are eager to grab market share, and new regulatory hurdles are adding pressure, particularly in markets like the European Union. This raises a critical question: Can Tether hold onto its place as the dominant stablecoin amid growing regulatory pressures and competition?

The EU and Tether

Tether’s USDT was recently delisted from exchanges in the EU due to non-compliance with the new Markets in Crypto-Assets (MiCA) regulations, which took effect at the end of last year. The regulations require stablecoins to meet stringent transparency and licensing rules, and companies issuing stablecoins in the EU must hold an electronic money institution (EMI) license and, if fiat-backed, ensure a 1:1 reserve ratio.

Tether’s delisting has caused significant disruptions in the European market, reducing EU residents’ access to stablecoins. Tether responded by accusing the EU of “rushed actions” and creating “a disorderly market,” although MiCA had been in development for years, and the European Securities and Markets Authority (ESMA) had warned exchanges since last summer. Ten stablecoin issuers were approved for operation under MiCA, but Tether was not among them.

Will the US be any friendlier?

The EU is not the only region where Tether faces regulatory challenges. Recently, the U.S. Senate Banking Committee voted to send the GENIUS Act — legislation for payments-focused stablecoins — to the full Senate. The bill would bring issuers of U.S. dollar-denominated stablecoins with market caps over $10 billion under U.S. federal regulations. Foreign stablecoin issuers, such as Tether, will face stricter reserve, liquidity, and anti-money laundering requirements compared to domestic issuers.

Only two issuers meet the market cap requirements for federal regulation as laid out in the bill — Tether and Circle. The latter, a U.S.-domiciled issuer, has announced it can comply with the bill’s requirements. However, Tether, which is domiciled in El Salvador, lacks a formal U.S. presence and may struggle to meet these new standards. This leaves Tether vulnerable to additional regulatory scrutiny in the U.S. as well.

Competitors rush to fill the gaps

As Tether faces mounting regulatory challenges, competitors are seizing the opportunity. Among the emerging challengers is Reeve Collins, Tether’s co-founder, who recently announced the launch of Pi Protocol, a yield-bearing stablecoin backed by real-world assets. 

Pi Protocol aims to debut on Ethereum and Solana blockchains in 2025. While Pi Protocol may not fully comply with MiCA regulations, its yield-bearing structure offers advantages, particularly in the U.S. market, where the SEC approved yield-bearing stablecoins in February.

Competitors like Collins’ Pi Protocol may see Tether’s regulatory issues as a chance to capture market share. Tether’s CEO Paolo Ardoino has expressed confidence in this possibility, claiming that many competitors’ real aim is to “Kill Tether.”

The stablecoin storm is unleashed

Can Tether survive the growing competition and mounting regulatory pressures? Until now, Tether has faced minimal disruption due to its significantly dominant market share, leading the stablecoin category in terms of market cap, as well as 24 hour trading volume, by a wide margin. However, as global regulations catch up and new players enter the scene, Tether will need to navigate the challenges ahead carefully. The outcome could be the fragmentation of the global stablecoin markets and a split between unregulated and regulated options.  

Mentioned in this article
XRP Turbo
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Crypto markets will be pressured by trade wars until April: analyst https://earlybirdsinvest.com/crypto-markets-will-be-pressured-by-trade-wars-until-april-analyst/ https://earlybirdsinvest.com/crypto-markets-will-be-pressured-by-trade-wars-until-april-analyst/#respond Sat, 22 Mar 2025 12:24:56 +0000 https://earlybirdsinvest.com/crypto-markets-will-be-pressured-by-trade-wars-until-april-analyst/

Both cryptocurrency and traditional markets will be pressured by global trade war concerns until at least the beginning of April, but the potential resolution may bring the next big market catalyst.

Bitcoin’s (BTC) price fell over 17% since US President Donald Trump first announced import tariffs on Chinese goods on Jan. 20, the first day after his presidential inauguration.

Despite a multitude of positive crypto-specific developments, global tariff fears will continue pressuring the markets until at least April 2, according to Nicolai Sondergaard, research analyst at Nansen.

BTC/USD, 1-day chart. Source: Cointelegraph/TradingView

The research analyst said during Cointelegraph’s Chainreaction daily X show on March 21:

“I’m looking forward to seeing what happens with the tariffs from April 2nd onwards, maybe we’ll see some of them dropped but it depends if all countries can agree. That’s the biggest driver at this moment.”

Risk assets may lack direction until the tariff-related concerns are resolved, which may happen between April 2 and July, presenting a positive market catalyst, added the analyst.

President Trump’s reciprocal tariff rates are set to take effect on April 2, despite earlier comments from Treasury Secretary Scott Bessent that indicated a possible delay in their activation.

Related: Ether risks correction to $1.8K as ETF outflows, tariff fears continue

Fed’s interest rates are also contributing to market slump

High interest rates will also continue pressuring risk appetite among investors until the Federal Reserve eventually starts cutting rates, explained Sondergaard, adding:

“We’re waiting for the Fed to see proper “bad news” before they will really start cutting rates.”

Fed target interest rate probabilities. Source: CME Group’s FedWatch tool

Markets are currently pricing in an 85% chance that the Fed will keep interest rates steady during the next Federal Open Market Committee (FOMC) meeting on May 7, according to the latest estimates of the CME Group’s FedWatch tool.

Related: Crypto debanking is not over until Jan 2026: Caitlin Long

Still, the Federal Reserve indicates that inflation and recession-related concerns are transitory, particularly regarding tariffs, which may be a positive sign for investors, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.

“Markets may now expect upcoming economic data with greater confidence,” the analyst told Cointelegraph, adding:

“Cooling inflation and stable economic conditions could further boost investor appetite, driving additional upside for Bitcoin and digital assets.”

“Keep an eye on key reports, including Consumer Confidence, Q4 GDP, jobless claims, and next week’s crucial PCE inflation release, to gauge the likelihood of future rate cuts,” the analyst added.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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