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Trump Threatens 25% Tariffs on Cars, Pharmaceuticals, and Semiconductors in Latest Trade Offensive

In a fresh escalation of his trade policy, U.S. President Donald Trump announced plans to impose 25% tariffs on imported cars, along with similar or even higher duties on pharmaceuticals and semiconductors. Speaking at his Mar-a-Lago resort in Florida, Trump emphasized that these measures aim to counter unfair trade practices and encourage companies to shift…

Bitcoin ETFs See Outflows as BTC Dips Below $95K Amid Market Uncertainty

The U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a shift in market sentiment on February 18, as net outflows took center stage. This downturn coincided with Bitcoin briefly dipping below the $95,000 mark, a move largely attributed to declining optimism regarding the potential establishment of a Strategic Bitcoin Reserve (SBR) under a possible Trump administration….

Meta to Lay 50,000 km Undersea Cable to Power AI and Global Connectivity

In a bold move to expand global connectivity and fuel the development of artificial intelligence, Meta, the parent company of Facebook and Instagram, has announced plans to install a massive undersea cable spanning five continents. The project, named “Waterworth,” will stretch over 50,000 kilometers (31,000 miles), linking the United States, South Africa, India, Brazil, and…

Nigeria Moves to Tax Cryptocurrency Transactions

Nigeria is taking significant steps to regulate and tax cryptocurrency transactions as part of broader efforts to boost government revenue. The country’s Securities and Exchange Commission (SEC) has confirmed that a bill outlining the tax framework is under review and is expected to be passed within this quarter, according to Bloomberg. This initiative is driven…

China Condemns U.S. Over Taiwan Policy Shift

China has strongly criticized the United States for altering language on its State Department website regarding Taiwan’s status, calling on Washington to “correct its mistakes.” The move has further strained relations between the two superpowers, as Beijing continues to assert its claim over the self-ruled island. Last week, the U.S. State Department quietly removed a…

Tapswap’s Price Fluctuates After Airdrop Launch

The price of Tapswap (TAPS) experienced some volatility on Monday following the highly anticipated launch of its airdrop and token generation event. Trading at approximately $0.07058, the token saw a slight uptick from its opening price. Despite its immense popularity, Tapswap’s market capitalization remains relatively small at $34 million, lagging behind other tap-to-earn tokens like…