{"id":26311,"date":"2025-05-12T12:23:02","date_gmt":"2025-05-12T12:23:02","guid":{"rendered":"https:\/\/dogewisperer.com\/crypto-daybook-americas-tariff-cut-lifts-bitcoin-as-market-readies-for-further-gains\/"},"modified":"2025-05-12T12:23:02","modified_gmt":"2025-05-12T12:23:02","slug":"crypto-daybook-americas-tariff-cut-lifts-bitcoin-as-market-readies-for-further-gains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26311","title":{"rendered":"Crypto Daybook Americas: Tariff Cut Lifts Bitcoin as Market Readies for Further Gains"},"content":{"rendered":"<div>\n<p>By James Van Straten (All times ET unless indicated otherwise)<\/p>\n<p>Tariff developments remain at the forefront of global economic news, with bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\">BTC<\/a>) surging past $105,000 for a while following the <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/12\/bitcoin-eyes-record-high-above-usd109k-as-u-s-reaches-trade-deal-with-china-inflation-data-looms\">surprise announcement<\/a> that the U.S. will reduce tariffs on Chinese goods to 30% from 145% for 90 days. In return, China will lower tariffs on U.S. goods to 10% from 125% over the same period. <\/p>\n<p>Ether (<a href=\"https:\/\/www.coindesk.com\/price\/ethereum\/\">ETH<\/a>), for its part, is experiencing its strongest monthly performance since November, having added over 40% since the start of May. The ETH\/BTC ratio has climbed to 0.02440, its highest in nearly three months, highlighting renewed appetite for risk-on assets. Meanwhile, Nasdaq futures jumped more than 3% on the tariff news, further reinforcing the positive market sentiment.<\/p>\n<p>The U.S. Dollar Index (DXY) has pushed above 101, while WTI crude oil also rallied. Conversely, gold has declined by more than 3%, approaching a 10% drop from its all-time high. Investors are now turning their attention to Tuesday\u2019s inflation report, with expectations that headline year-over-year inflation for April will remain steady at 2.4%.<\/p>\n<p>Strategy (MSTR) held its annual meeting last week, showcasing updates on its Business and Artificial Intelligence (BI\/AI) software initiatives and reaffirming its commitment to corporate bitcoin adoption. Executive Chairman Michael Saylor underscored Strategy\u2019s leadership as the foremost public bitcoin treasury, currently holding over 555,555 BTC.<\/p>\n<p>Saylor reiterated the company\u2019s unwavering commitment to further bitcoin accumulation. Strategy plans to continue leveraging AI to enhance operational efficiency and explore innovative strategies for expanding its BTC holdings.<\/p>\n<h2><strong>What to Watch<\/strong><\/h2>\n<ul>\n<li><strong>Crypto:<\/strong>\n<ul>\n<li>May 12, 1 p.m.-5:30 p.m.: A U.S. SEC Crypto Task Force Roundtable on &#8220;<a href=\"https:\/\/www.sec.gov\/newsroom\/meetings-events\/tokenization-moving-assets-onchain-where-tradfi-defi-meet\">Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet<\/a>&#8221; will be held at the SEC&#8217;s headquarters in Washington.<\/li>\n<li>May 13: The Singapore High Court holds a <a href=\"https:\/\/x.com\/WazirXIndia\/status\/1914237263141388472\">hearing<\/a> to determine whether Zettai, the parent company of WazirX, can proceed with restarting the India-based crypto exchange and compensating users affected by the July 2024 hack.<\/li>\n<li>May 14: Neo (NEO) mainnet will undergo a <a href=\"https:\/\/x.com\/Neo_Blockchain\/status\/1917425952252125662\">hard fork network upgrade<\/a> (version 3.8.0) at block height 7,300,000. <\/li>\n<li>May 14: <a href=\"https:\/\/x.com\/matthew_sigel\/status\/1912585992822804505\">Expected launch date<\/a> for <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/768847\/000076884725000010\/vaneckonchaineconomyetf485.htm\">VanEck Onchain Economy ETF<\/a>\u00a0(ticker: NODE).<\/li>\n<li>May 16, 9:30 a.m.: Galaxy Digital Inc.\u2019s Class A shares are <a href=\"https:\/\/www.galaxy.com\/newsroom\/galaxy-intent-to-list-on-nasdaq-may-16\/\">set to begin trading<\/a> on the Nasdaq under the ticker symbol GLXY.<\/li>\n<li>May 19: CME Group is <a href=\"https:\/\/www.cmegroup.com\/media-room\/press-releases\/2025\/4\/24\/cme_group_to_expandcryptoderivativessuitewithlaunchofxrpfutures.html\">expected to launch<\/a> its cash-settled XRP futures.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Macro<\/strong>\n<ul>\n<li>Day 4 of 4: Chinese Vice Premier He Lifeng <a href=\"https:\/\/x.com\/ChineseEmbinUS\/status\/1919909430939865300\">will hold trade talks<\/a> with U.S. Treasury Secretary Scott Bessent during his visit to Switzerland.<\/li>\n<li>May 12, 8 a.m.: Mexico\u2019s National Institute of Statistics and Geography releases March industrial production data.\n<ul>\n<li>Industrial Production MoM Prev. 2.5%<\/li>\n<li>Industrial Production YoY Prev. -1.3%<\/li>\n<\/ul>\n<\/li>\n<li>May 13, 8:30 a.m.: The U.S. Bureau of Labor Statistics (BLS) releases April consumer price inflation data.\n<ul>\n<li>Core Inflation Rate MoM Est. 0.3% vs. Prev. 0.1%<\/li>\n<li>Core Inflation Rate YoY Prev. 2.8%<\/li>\n<li>Inflation Rate MoM Est. 0.3% vs. Prev. -0.1%<\/li>\n<li>Inflation Rate YoY Est. 2.4% vs. Prev. 2.4%<\/li>\n<\/ul>\n<\/li>\n<li>May 14, 3 p.m.: Argentina\u2019s National Institute of Statistics and Census releases April inflation data.\n<ul>\n<li>Inflation Rate MoM Prev. 3.7%<\/li>\n<li>Inflation Rate YoY Prev. 55.9%<\/li>\n<\/ul>\n<\/li>\n<li><strong>Earnings <\/strong>(Estimates based on FactSet data)\n<ul>\n<li>May 12: Exodus Movement (<a href=\"https:\/\/uk.exodus.com\/investors\/financial-results\">EXOD<\/a>), post-market<\/li>\n<li>May 13: Semler Scientific (<a href=\"https:\/\/ir.semlerscientific.com\/\">SMLR<\/a>), post-market<\/li>\n<li>May 14: Bitfarms (<a href=\"https:\/\/investor.bitfarms.com\/financial-results\">BITF<\/a>), pre-market<\/li>\n<li>May 14: IREN (<a href=\"https:\/\/iren.com\/investor\/events-and-presentations\">IREN<\/a>), post-market<\/li>\n<li>May 15: Bit Digital (<a href=\"https:\/\/bit-digital.com\/investors\/\">BTBT<\/a>), post-market<\/li>\n<li>May 15: Bitdeer Technologies Group (<a href=\"https:\/\/ir.bitdeer.com\/financials\/quarterly-results\">BTDR<\/a>), pre-market<\/li>\n<li>May 15: KULR Technology Group (<a href=\"https:\/\/www.kulrtechnology.com\/category\/announcements\/\">KULR<\/a>), post-market<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Token Events<\/strong><\/h2>\n<ul>\n<li><strong>Governance votes &amp; calls<\/strong>\n<ul>\n<li>A Sei Network developer proposed <a href=\"https:\/\/github.com\/sei-protocol\/sips\/blob\/main\/sips\/sip-3.md\">ending support for Cosmos<\/a> to simplify the blockchain and align more closely with Ethereum to reduce complexity and infrastructure overhead and boost Sei&#8217;s adoption.<\/li>\n<li>May 12: Helium (HNT) proposal HIP 144 voting ends on authorizing Nova Labs to introduce a 30-day delay, or Rewards Escrow period, to the process of claiming rewards for Helium Mobile.<\/li>\n<li>May 15, 10 a.m.: Moca Network to host a <a href=\"https:\/\/x.com\/Moca_Network\/status\/1919746536747237785\">Discord townhall<\/a> session discussing network updates.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Unlocks<\/strong>\n<ul>\n<li>May 12: Aptos (APT) to unlock 1.82% of its circulating supply worth $68.54 million.<\/li>\n<li>May 13: WhiteBIT Coin (WBT) to unlock 27.41% of its circulating supply worth $1.2 billion.<\/li>\n<li>May 15: Starknet (STRK) to unlock 4.09% of its circulating supply worth $23.87 million.<\/li>\n<li>May 15: Sei (SEI) to unlock 1.09% of its circulating supply worth $14.91 million.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Token Launches<\/strong>\n<ul>\n<li>May 12: Jerry The Turtle (JYAI) to be listed on LBank with JYAI\/USDT pair.<\/li>\n<li>May 12: Space and Time (SXT) to be listed on Bitrue with SXT\/USDT pair.<\/li>\n<li>May 16: Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ) to be <a href=\"https:\/\/x.com\/CoinbaseAssets\/status\/1918339627078885688\">delisted<\/a> from Coinbase.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Conferences<\/strong><\/h2>\n<p><em>CoinDesk&#8217;s Consensus is taking place in<\/em>\u00a0<a href=\"https:\/\/consensus2025.coindesk.com\/\"><em>Toronto on May 14-16<\/em><\/a>. <em>Use code DAYBOOK and save 15% on passes.<\/em><\/p>\n<ul>\n<li>Day 2 of 7: <a href=\"https:\/\/www.canadacryptoweek.com\/\">Canada Crypto Week<\/a> (Toronto)<\/li>\n<li>Day 1 of 2: <a href=\"https:\/\/dubaifintechsummit.com\/\">Dubai FinTech Summit<\/a><\/li>\n<li>Day 1 of 2: <a href=\"https:\/\/www.fildev.io\/FDS-6\">Filecoin (FIL) Developer Summit<\/a> (Toronto)<\/li>\n<li>Day 1 of 2: <a href=\"https:\/\/www.thelatestindefi.org\/conference\">Latest in DeFi Research (TLDR) Conference<\/a> (New York)<\/li>\n<li>Day 1 of 3: <a href=\"https:\/\/www.americanconference.com\/fintech-emerging-payment-systems\/\">ACI\u2019s 9th Annual Legal, Regulatory, and Compliance Forum on Fintech &amp; Emerging Payment Systems<\/a> (New York)<\/li>\n<li>May 13: <a href=\"https:\/\/www.futuristconference.com\/\">Blockchain Futurist Conference<\/a> (Toronto)<\/li>\n<li>May 13: <a href=\"https:\/\/www.ethwomen.com\/\">ETHWomen<\/a> (Toronto)<\/li>\n<li>May 14-16: CoinDesk&#8217;s <a href=\"https:\/\/consensus2025.coindesk.com\/\">Consensus 2025<\/a> (Toronto)<\/li>\n<li>May 19-25: <a href=\"https:\/\/dutchblockchainweek.com\/\">Dutch Blockchain Week<\/a> (Amsterdam, Netherlands)<\/li>\n<li>May 20-22: <a href=\"https:\/\/www.avalanchesummitlondon.com\/\">Avalanche Summit London<\/a><\/li>\n<li>May 20-22: <a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east-fintech\/index.stm\">Seamless Middle East Fintech 2025<\/a> (Dubai)<\/li>\n<li>May 21-22: <a href=\"https:\/\/cryptoexpodubai.com\/dubai\">Crypto Expo Dubai<\/a><\/li>\n<li>May 21-22: <a href=\"https:\/\/www.cryptoverse.global\/\">Cryptoverse Conference<\/a> (Warsaw, Poland)<\/li>\n<li>May 27-29: <a href=\"https:\/\/b.tc\/conference\/2025\">Bitcoin 2025<\/a> (Las Vegas)<\/li>\n<li>May 27-30: <a href=\"https:\/\/vancouver.websummit.com\/\">Web Summit Vancouver<\/a> (Vancouver, British Columbia)<\/li>\n<li>May 29: <a href=\"https:\/\/www.stablecon.com\/\">Stablecon<\/a> (New York)<\/li>\n<li>May 29-30: <a href=\"https:\/\/litecoin.com\/summit-2025\">Litecoin Summit 2025<\/a> (Las Vegas)<\/li>\n<\/ul>\n<h2><strong>Token Talk<\/strong><\/h2>\n<p>By Shaurya Malwa<\/p>\n<ul>\n<li>Animal-themed memecoins are surging.<\/li>\n<li>A speculative frenzy has gripped popular memecoins from 2024, with prices for tokens like cat-themed MICHI, hippo-themed MOODENG and squirrel-themed PNUT all more than doubling since Saturday.<\/li>\n<li>That has helped alleviate some losses for the tokens. which took a 90% drawdown from peak prices in 2024, mainly around October and November.<\/li>\n<li>Talk of a &#8220;Cat Coin Supercycle\u201d narrative has gained steam among some crypto circles on X. This suggests renewed retail investor enthusiasm, likely fueled by viral social media activity.<\/li>\n<li>Cat token mog (MOG) appears to have put the frenzy into gear, jumping over 130% last week as technology entrepreneurs from Ycombinator&#8217;s Garry Tan to Elon Musk changing their profile pictures on X to one referencing the token.<\/li>\n<li>Traders looking for short-term speculative bets may keep an eye on the <a href=\"https:\/\/www.coingecko.com\/en\/categories\/zoo-themed\">animal<\/a> and <a href=\"https:\/\/www.coingecko.com\/en\/categories\/cat-themed-coins\">cat memecoin<\/a> sectors, especially as the price moves bring more eyeballs \u2014 and demand \u2014 to these tokens.<\/li>\n<\/ul>\n<h2><strong>Derivatives Positioning<\/strong><\/h2>\n<ul>\n<li>While BTC has largely traded between $104K-$106K in the past 24 hours, perpetual futures open interest on offshore exchanges has increased to nearly $20 billion from $18 billion. <\/li>\n<li>The growth shows the market is building energy during the consolidation and an eventual breakout could be a violent one.<\/li>\n<li>Global aggregated funding rates remain positive for BTC and ETH, pointing to bullish sentiment. <\/li>\n<li>TRX, XMR, TAO, BTC and HYPE have seen net positive cumulative volume delta for the past 24 hours, a sign of net buying pressure in the market. <\/li>\n<li>In Deribit&#8217;s options market, SOL traders chased upside with the $200 call option expiring on June 27. <\/li>\n<li>BTC traders bought the $120K call expiring at the end of June and sold higher strike calls in longer duration expiries. <\/li>\n<\/ul>\n<h2><strong>Market Movements<\/strong><\/h2>\n<ul>\n<li>BTC is up 1.21% from 4 p.m. ET Friday at $104,445.95 (24hrs: -0.16%)<\/li>\n<li>ETH is up 8.81% at $2,546.56 (24hrs: +1.43%)<\/li>\n<li>CoinDesk 20 is up 4.27% at 3,265.29 (24hrs: +1.18%)<\/li>\n<li>Ether CESR Composite Staking Rate is up 10 bps at 3.23%<\/li>\n<li>BTC funding rate is at 0.0072% (7.8687% annualized) on Binance<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/80a24eb07c10158c627240556c0027466f1b73b1-1200x400.jpg?auto=format\" alt=\"CD20 May 12 20205 (CoinDesk)\" title=\"CD20 May 12 20205 (CoinDesk)\"><\/p>\n<ul>\n<li>DXY is up 1.14% at 101.48<\/li>\n<li>Gold is down 3.22% at $3,219.31\/oz<\/li>\n<li>Silver is down 1.54% at $32.23\/oz<\/li>\n<li>Nikkei 225 closed +0.38% at 37,644.26<\/li>\n<li>Hang Seng closed +2.98% at 23,549.46<\/li>\n<li>FTSE is up 0.48% at 8,595.81<\/li>\n<li>Euro Stoxx 50 is up 2.01% at 5,416.72<\/li>\n<li>DJIA closed on Friday -0.29% at 41,249.38<\/li>\n<li>S&amp;P 500 closed unchanged at 5,659.91<\/li>\n<li>Nasdaq closed unchanged at 17,928.92<\/li>\n<li>S&amp;P\/TSX Composite Index closed +0.41% at 25,357.74<\/li>\n<li>S&amp;P 40 Latin America closed +0.83% at 2,578.58<\/li>\n<li>U.S. 10-year Treasury rate is up 5 bps at 4.44%<\/li>\n<li>E-mini S&amp;P 500 futures are up 2.82% at 5838.25<\/li>\n<li>E-mini Nasdaq-100 futures are up 3.81% at 20,904.00<\/li>\n<li>E-mini Dow Jones Industrial Average Index futures are up 2.16% at 42,216.00<\/li>\n<\/ul>\n<h2><strong>Bitcoin Stats<\/strong><\/h2>\n<ul>\n<li>BTC Dominance: 62.77 (-0.60%)<\/li>\n<li>Ethereum to bitcoin ratio: 0.2448 (+1.39%)<\/li>\n<li>Hashrate (seven-day moving average): 897 EH\/s<\/li>\n<li>Hashprice (spot): $55.70<\/li>\n<li>Total Fees: 3.43 BTC \/ $357,259<\/li>\n<li>CME Futures Open Interest: 149,160 BTC<\/li>\n<li>BTC priced in gold: 31.9 oz<\/li>\n<li>BTC vs gold market cap: 9.04%<\/li>\n<\/ul>\n<h2><strong>Technical Analysis<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/ddcffc411edad9577c14fa0cd609cdcd46df38ae-1793x741.png?auto=format\" alt=\"Total crypto market excluding BTC and ETH. (TradingView\/CoinDesk)\" title=\"Total crypto market excluding BTC and ETH. (TradingView\/CoinDesk)\"><\/p>\n<ul>\n<li>The total market cap of all cryptocurrencies, excluding BTC and ETH, has topped the 200-day simple moving average (SMA). <\/li>\n<li>The breakout indicates positive outlook for altcoins, in general.<\/li>\n<\/ul>\n<h2><strong>Crypto Equities<\/strong><\/h2>\n<ul>\n<li>Strategy (MSTR): closed on Friday at $416.03 (+0.4%), up 2.59% at $426.80 in pre-market <\/li>\n<li>Coinbase Global (COIN): closed at $199.32 (-3.48%), up 4.96% at $209.20<\/li>\n<li>Galaxy Digital Holdings (GLXY): closed at $0.03 (0%)<\/li>\n<li>MARA Holdings (MARA): closed at $15.76 (+10.29%), up 4.44% at $16.46<\/li>\n<li>Riot Platforms (RIOT): closed at $8.48 (+0.47%), up 4.83% at $8.89<\/li>\n<li>Core Scientific (CORZ): closed at $9.32 (-1.38%), up 5.69% at $9.85<\/li>\n<li>CleanSpark (CLSK): closed at $9.2 (+5.99%), up 5.11% at $9.67<\/li>\n<li>CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $15.55 (+0.13%), up 5.98% at $16.48<\/li>\n<li>Semler Scientific (SMLR): closed at $34.79 (-1.28%), up 9.95% at $38.25<\/li>\n<li>Exodus Movement (EXOD): closed at $50.13 (+17.98%), up 3.73% at $52<\/li>\n<\/ul>\n<h2><strong>ETF Flows<\/strong><\/h2>\n<p><strong>Spot BTC ETFs:<\/strong><\/p>\n<ul>\n<li>Daily net flows: $321.4 million <\/li>\n<li>Cumulative net flows: $41.2 billion<\/li>\n<li>Total BTC holdings ~ 1.17 million<\/li>\n<\/ul>\n<p><strong>Spot ETH ETFs<\/strong><\/p>\n<ul>\n<li>Daily net flows: $17.6 million <\/li>\n<li>Cumulative net flows: $2.49 billion<\/li>\n<li>Total ETH holdings ~ 3.46 million<\/li>\n<\/ul>\n<p>Source: <a href=\"https:\/\/farside.co.uk\/btc\/\">Farside Investors<\/a><\/p>\n<h2><strong>Overnight Flows<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/082cdf60b1200c3c2df8b6be884e0be6ff7f5e01-560x928.png?auto=format\" alt=\"Overnight flows, May 12 2025 (CoinDesk)\" title=\"Overnight flows, May 12 2025 (CoinDesk)\"><\/p>\n<h2><strong>Chart of the Day<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/50fc943ce61b170c2abd94c15a439d1d68f0df73-1793x741.png?auto=format\" alt=\"Diverging trends in market caps for USDC and USDT. (TradingView\/CoinDesk)\" title=\"Diverging trends in market caps for USDC and USDT. (TradingView\/CoinDesk)\"><\/p>\n<ul>\n<li>The chart shows the market cap for USDC, the world&#8217;s second-largest dollar-pegged stablecoin, has declined from $62.28 billion to $60.68 billion. <\/li>\n<li>Meanwhile, the market cap for Tether&#8217;s USDT, its larger rival, has risen further, greasing the crypto market rally. <\/li>\n<\/ul>\n<h2><strong>While You Were Sleeping<\/strong><\/h2>\n<ul>\n<li><a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/military-officials-india-pakistan-discuss-next-steps-india-says-ceasefire-holds-2025-05-12\/\">Military Officials of India, Pakistan to Discuss Next Steps, India Says, as Ceasefire Holds<\/a> (Reuters): India may retaliate for future ceasefire violations after sending a hotline message Sunday about alleged breaches of the prior day\u2019s truce, a senior military official said.<\/li>\n<li><a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/12\/asias-biggest-corporate-bitcoin-holder-buys-another-126m-in-btc\">Metaplanet Overtakes El Salvador With $126M Bitcoin Purchase<\/a> (CoinDesk): Asia&#8217;s biggest corporate holder of bitcoin bought 1,241 BTC for 18.4 billion yen ($126 million), raising its holdings to 6,796 BTC and surpassing El Salvador\u2019s total.<\/li>\n<li><a href=\"https:\/\/www.coindesk.com\/tech\/2025\/05\/12\/ethereum-staking-giant-lido-loses-just-14-eth-in-hacking-attempt\">Ethereum Staking Giant Lido Loses Just 1.4 ETH in Hacking Attempt<\/a> (CoinDesk): Ethereum\u2019s largest liquid-staking protocol escaped with only minor gas fee theft, with no user funds affected, after a key at validator Chorus One was compromised.<\/li>\n<li><a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/12\/privacy-focused-zcash-tops-key-resistance-above-usd40-to-flash-bull-signal\">Privacy-Focused Zcash Tops Key Resistance Above $40 to Flash Bull Signal<\/a> (CoinDesk): On Sunday, Zcash (ZEC) reached $45.80 on HTX, its highest since Jan. 26, after trading in a narrow range since February, suggesting potential for further gains.<\/li>\n<li><a href=\"https:\/\/www.nytimes.com\/2025\/05\/12\/world\/asia\/china-lula-latam-trade.html\">China Courts Lula and Latin America After Trump\u2019s Tariff Shock<\/a> (The New York Times): China is positioning itself as both an economic partner and counterweight to U.S. influence, with a senior official saying Latin Americans want self-determination, not a new \u201cMonroe Doctrine.\u201d<\/li>\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-12\/amundi-templeton-say-eur-usd-euro-s-rally-is-just-the-beginning\">Traders Bet the Euro\u2019s Ascent Is a Tidal Wave in the Making<\/a> (Bloomberg): Deutsche Bank, which just months ago predicted the euro would dip below dollar parity, now expects it to climb to $1.20 this year and $1.30 by 2027.<\/li>\n<\/ul>\n<h2><strong>In the Ether<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/c4631654c675cd3f58e6d4fd985ed7e5c4c91a17-1080x1080.png?auto=format\" alt=\"ITE May 12 2025 (Uniswap Labs\/X)\" title=\"ITE May 12 2025 (Uniswap Labs\/X)\"><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/706ab8b2e41e52acc39ff6608fd9ca5e59f3b1d5-1080x1080.png?auto=format\" alt=\"ITE May 12 2025 (Will Clementell\/X)\" title=\"ITE May 12 2025 (Will Clementell\/X)\"><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/9cb84779b306ed1e2876a8860822975e2460543b-1080x1080.png?auto=format\" alt=\"ITE May 12 2025 (Raoul Pal\/X)\" title=\"ITE May 12 2025 (Raoul Pal\/X)\"><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/680a37ad885c767e7e62d4756aabfe833caec9e1-1080x1080.png?auto=format\" alt=\"ITE May 12 2025 (Alex Kruger\/X)\" title=\"ITE May 12 2025 (Alex Kruger\/X)\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By James Van Straten (All times ET unless indicated otherwise) Tariff developments remain at the forefront of global economic news, with bitcoin (BTC) surging past $105,000 for a while following the surprise announcement that the U.S. will reduce tariffs on Chinese goods to 30% from 145% for 90 days. In return, China will lower tariffs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26311","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26311"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26311\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}