The U.S. Supreme Court ruled 6-3 that Trump’s “Liberation Day” tariffs exceeded his authority under the International Emergency Economic Powers Act (IEEPA).Chief Justice Roberts said this would have represented a historic expansion of presidential power over tariffs. Trump called it “anti-American” and immediately announced a new 15% global tariff under a different legal authority (Trade Act of 1974, Section 122). Crypto Market Reaction Bitcoin initially fell to $66,900, then climbed to ~$67,800, later settling near $67,000. Sunday selloff: BTC dropped to $64k (-5%), ETH below $1,900, SOL below $80.Stock futures opened lower; Nasdaq down 0.7%. Expert views:
“A negative ruling on tariffs could hurt Treasuries and the dollar, but favor stocks and crypto.” – Stephen Coltman, 21Shares“Reduced tariff revenues may accelerate money printing.” – Matthew Sigel, VanEck Key Crypto Narratives
Short-term: tariff relief → lower inflation expectations → Fed rate cuts possible → “relief rally” in crypto. Long-term: lower tariff revenue → larger deficit → weaker dollar → more money printing → Bitcoin as a monetary hedge. Political risk: court ruling against tariffs could boost Democrats, potentially delaying crypto-friendly laws (e.g., Clarity Act). Macro Crypto & Market Snapshot BTC: $66,400 (-2%) | ETH: $1,920 (-2%) | SOL: $80 (-4%)Top Movers: PIPPIN +16%, ETHFI +7%, JST +5%$400M+ BTC longs liquidated below $65kTether (USDT) supply: down $1.5B in Feb, $4B from local peakQ4 2025 GDP: 1.4% vs 3% consensus (43-day shutdown impact)PCE inflation: 2.9% → slow growth + sticky pricesSouth Korea: Bithumb error credited $43B BTC to usersWorld Liberty Financial: tokenizing loan revenue from Trump Maldives hotel ETFs & Meme Coins Bitcoin ETFs: ~$300M outflow | ETH ETFs: $113M outflowMeme coins: DOGE +1%, SHIB +1%, PEPE +3%, TRUMP & PENGU evenAI error: Lobstar sent $250k+ in meme coins by mistake → temporarily -80%, rebounded $11MPUNCH -30%, NEET +50%, El Trump +180x Token, Protocol & NFT Updates Ethereum FOCIL (EIP-7805): Hegota upgrade H2 2026 → validator censorship impossibleBGD Labs: leaving Aave DAO after 4 yearsFlying Tulip ftUSD launch: $200M+ depositsNFTs: Punks -2% (29 ETH), Pudgy +3% (4.55 ETH), BAYC 6.1 ETH, Moonbirds +5%TokenWorks S2: launching today #BinanceSquare #CryptoNews #Bitcoin #Ethereum #Solana #CryptoMarket #CryptoUpdate #Blockchain #Altcoins #DeFi #Sanka_bro
👉 PAXG is showing a stable move with a small gain today.
After a brief bullish push, the price is now in a minor pullback / consolidation phase.
💡 This indicates:
No strong selling pressure in the market Buyers are still active on dips Typical slow and steady behavior of a gold-backed asset
Overall idea: 👉 This looks like a healthy pause after an uptrend, not a bearish reversal 👉 Market sentiment remains calm and slightly bullish, with consolidation likely before the next move
Hong Kong and Deepen Financial Cooperation with Strong Focus on Digital Assets
Financial ties between Hong Kong and the United Arab Emirates (UAE) are entering a new phase, marked by deeper regulatory cooperation, expanded capital-market connectivity, and a growing emphasis on digital assets. The development reflects a broader trend of strengthening financial corridors between Asia and the Middle East while positioning both jurisdictions as leading global hubs for digital finance innovation.
Strengthening Central Bank Dialogue
Momentum for this partnership increased following a high-level bilateral meeting between the Hong Kong Monetary Authority and the Central Bank of the UAE in Abu Dhabi. Discussions covered a wide range of topics including cross-border debt markets, trade finance, infrastructure investment, and financial market integration.
Both sides highlighted the importance of policy coordination and improved market access to facilitate investment flows and enhance economic connectivity between their regions.
Expanding Capital Market Connectivity
A key milestone in the cooperation is the UAE central bank’s participation in Hong Kong’s bond settlement infrastructure, the Central Moneymarkets Unit. This move enables investors from the UAE to access Hong Kong’s bond market and, indirectly, mainland China’s fixed-income opportunities more efficiently.
At the same time, Asian issuers gain improved exposure to Middle Eastern capital pools, supporting diversified funding sources and lowering barriers to cross-border investment.
Digital Assets and Regulatory Alignment
Digital assets have emerged as a central pillar of the partnership. Both Hong Kong and the UAE have been developing progressive regulatory frameworks for virtual assets, aiming to attract institutional players while maintaining market integrity.
Recent discussions explored cooperation on stablecoin regulation, tokenisation standards, and oversight of virtual asset service providers (VASPs). Enhanced regulatory information sharing and coordinated supervision are expected to improve investor protection while fostering responsible innovation across borders.
CBDC Collaboration and Payment Innovation
Another strategic dimension of the partnership involves collaboration on central bank digital currencies (CBDCs) and next-generation payment infrastructure. By exploring multi-CBDC platforms and tokenised settlement models, Hong Kong and the UAE aim to make cross-border payments faster, more cost-efficient, and transparent.
Such initiatives could reduce reliance on traditional correspondent banking networks and support emerging digital trade-finance ecosystems.
Strategic Implications for Global Finance
The deepening relationship between Hong Kong and the UAE signals the emergence of a powerful financial corridor linking Asia and the Middle East. The integration of traditional capital markets with digital asset innovation has the potential to reshape cross-border finance, enabling greater liquidity flows, improved regulatory clarity, and accelerated institutional adoption of tokenised financial products.
Over the long term, this partnership may strengthen both jurisdictions’ roles as gateway financial centres, bridging global capital markets and advancing the evolution of digital finance.
Ohio Gas Power Plant Proposal: Economic Growth or Environmental Risk? And What It Means for Crypto
U.S. President Donald Trump has proposed the construction of a large gas-fired power plant in Ohio, sparking national debate over its environmental and economic implications.
According to Bloomberg, if completed, the plant could become one of the largest sources of carbon dioxide (CO₂) emissions from electricity generation in the United States. Critics argue that this development could significantly increase the nation’s carbon footprint and undermine efforts to reduce greenhouse gas emissions.
🔥 The Core Concern
While natural gas plants are often considered “cleaner” than coal, they are still fossil-fuel based and emit substantial CO₂.
If this project moves forward, it could:
Increase national carbon emissions Contribute further to climate change Slow the transition toward renewable energy ⚖️ The Two Sides of the Debate
✅ Supporters argue: It will create jobsIt will stimulate Ohio’s local economyIt will strengthen domestic energy securityIt will improve grid reliability ❌ Critics argue: It may cause long-term environmental damageIt could weaken U.S. climate commitmentsIt may reduce momentum for green energy investments
💻 What Does This Mean for the Crypto Market?
Although this is not directly a crypto-related project, it may have indirect implications for the crypto ecosystem. 🔋 1. Energy Stability → Crypto Mining Growth
Crypto mining, especially Bitcoin mining, requires:
Large-scale electricity consumptionStable and affordable energy supply A major gas power plant could:
Improve grid stability Provide reliable industrial-scale energy
This may indirectly support mining operations in the region. 🏭 2. Industrial Expansion → Data Centers & Blockchain Infrastructure Expanded power infrastructure can attract:
AI data centersBlockchain infrastructureCrypto mining facilities
If states like Ohio gain abundant energy capacity, crypto-related industrial expansion becomes more feasible. 💰 3. Pro-Growth Energy Policy → Risk Asset Sentiment President Donald Trump’s energy strategy typically emphasizes:
Economic expansionReduced regulatory pressure Such an environment can increase investor confidence in risk assets like crypto, potentially supporting bullish market sentiment. 🌍 4. Climate Debate → Green Crypto Opportunities On the other hand, higher carbon emissions could:
📊 Expected path: ➡️ Small pullback to 82.5 – 83 ➡️ Bounce toward 84.5 ➡️ Decision zone at 85.5 (break or reject)
🔥 Bullish bias while above 82 ⚠️ Bearish only if 81 breaks
⚡ Scalping Idea 💡 Range trade:
Buy → 82 – 82.5 Sell → 84 – 84.5
Tight SL below 81
⚠️ Risk Tips ✅ Watch BTC direction (SOL moves with market) ✅ Avoid chasing near resistance ✅ Use partial TP at resistance ✅ Volatility high near 85.5 breakout zone