Crypto News: 3 Made-in-USA Coins to Watch as Trump Unleashes New EU Tariff Threat
The post Crypto News: 3 Made-in-USA Coins to Watch as Trump Unleashes New EU Tariff Threat appeared on BitcoinEthereumNews.com. Trump’s 50% EU tariff threat fueled sharp crypto moves, with WLD jumping 35% on funding. Jupiter gained 15% on network updates, while EOS slipped after a disputed $3M token purchase. Donald Trump‘s threat to institute a 50% tariff on goods from the European Union beginning June 1 has sparked renewed interest in a basket of United States-based developed cryptocurrencies. Worldcoin (WLD), among others like Jupiter (JUP) and EOS, have all seen quick responses from the markets. Worldcoin has much attention following a solid 35% week-long increase, which has seen it touch a three-month peak, according to TradingView. The price surge came after a $135 million token buy-in from a16z and Bain Capital Crypto that massively boosted its market cap. Unlike a venture investment, however, the buy-in came in the form of a direct token purchase. Source: TradingView The capital injection arrived as Worldcoin is seeking to expand its U.S. biometric identity system after its push for expansion across Africa and Europe has been met with rejection from authorities. With liquidity in the circulation, analysts now anticipate WLD pushing up against a $1.75 ceiling. A move beyond that has the potential to push the token above $2. JUP Holds Firm As Wider Market Sinks Jupiter has moved along a different trajectory, gaining close to 15% in the last week while much of the crypto space trends downward. The climb follows a succession of events within the network at Jupiter. Among these is a new mobile app, a collaboration agreement entered into with Moonpay, and the rollout of Jupiter Lend. Source: TradingView Bearing in mind the good momentum, Jupiter has not overcome its crucial $0.63 resistance level yet. If it could close above this level and sustain, a move to $0.85 would be feasible. A stronger view has JUP making its way…
The post Crypto News: 3 Made-in-USA Coins to Watch as Trump Unleashes New EU Tariff Threat appeared on BitcoinEthereumNews.com.
Trump’s 50% EU tariff threat fueled sharp crypto moves, with WLD jumping 35% on funding. Jupiter gained 15% on network updates, while EOS slipped after a disputed $3M token purchase. Donald Trump‘s threat to institute a 50% tariff on goods from the European Union beginning June 1 has sparked renewed interest in a basket of United States-based developed cryptocurrencies. Worldcoin (WLD), among others like Jupiter (JUP) and EOS, have all seen quick responses from the markets. Worldcoin has much attention following a solid 35% week-long increase, which has seen it touch a three-month peak, according to TradingView. The price surge came after a $135 million token buy-in from a16z and Bain Capital Crypto that massively boosted its market cap. Unlike a venture investment, however, the buy-in came in the form of a direct token purchase. Source: TradingView The capital injection arrived as Worldcoin is seeking to expand its U.S. biometric identity system after its push for expansion across Africa and Europe has been met with rejection from authorities. With liquidity in the circulation, analysts now anticipate WLD pushing up against a $1.75 ceiling. A move beyond that has the potential to push the token above $2. JUP Holds Firm As Wider Market Sinks Jupiter has moved along a different trajectory, gaining close to 15% in the last week while much of the crypto space trends downward. The climb follows a succession of events within the network at Jupiter. Among these is a new mobile app, a collaboration agreement entered into with Moonpay, and the rollout of Jupiter Lend. Source: TradingView Bearing in mind the good momentum, Jupiter has not overcome its crucial $0.63 resistance level yet. If it could close above this level and sustain, a move to $0.85 would be feasible. A stronger view has JUP making its way…
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