Coindesk Archives

· May 7

Bitcoin Races Above $97K on U.S./China Trade Deal Progress

U.S. Treasury Secretary Scott Bessent announced plans to meet Chinese officials in Switzerland to discuss trade issues, signaling a potential easing of tariffs between the two nations. China’s Ministry of Commerce confirmed their willingness to engage with the U.S. after assessing national interests and global expectations. The positive signals from...

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Bitcoin Races Above $97K on U.S./China Trade Deal Progress

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Business

Coindesk

· May 5

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Shiba Inu (SHIB) experienced a 7.4% decline, testing a critical support level at $0.0000127 after significant selloffs in early May. Despite volatility, institutional interest is growing, with 109 new millionaire SHIB wallets added in April 2025, totaling 860 millionaire addresses. Futures open interest nearly doubled in April, indicating cautiously optimistic...

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SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

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Crypto

Coindesk

· May 3

A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies, a small logistics tech firm focused on U.S.-Mexico trade, plans to purchase up to $20 million worth of Official Trump Tokens to build its crypto treasury. The financing comes from a convertible note facility, with an initial $1 million tranche already secured, making Freight one of the first...

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

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Business