Digital currency markets in the past week (February 1)

Study time: 3 Minutes

Last week, the Ramsar market saw major developments, including new trade policies in the United States, token listing, blockchain advances, and regulatory changes. The following are the most important of these events:

The impact of Trump’s tariffs on world markets

US President Donald Trump imposed new tariffs against Canada, Mexico and China last week to support domestic industries. The move was accompanied by the reaction of Canada and Mexico, and some of these tariffs were postponed for a month. On the other hand, China imposed a 5 % tariff on US crude oil and agricultural machinery. Some analysts believe that this will not have a serious impact on the global economy.

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In response to these developments, the Bitcoin Premium Index in QuinnBis reached its highest level in year 6, indicating an increase in demand in North America.

Accept Shiba Ino in the UAE

The United Arab Emirates (UAE) is trying to become a global leader in accepting web technology. In the same vein, last week, Shiba Ino was selected to integrate blockchain technology in government services. This cooperation is aimed at increasing efficiency and security in various sectors.

The UAE has become one of the desirable areas for blockchain companies due to tax exemption from digital assets. Following the announcement, Shiba’s price rose, and at the time of the news, it reached $ 1.5.

Reviewing two penicine listing in Quinnbis

The Kevinbis Exchange, the largest Ramsar exchange platform in the United States, added two new Altocin, Ethfi and Tao. This increased the value of these tokens by 5 %; Because listing in large exchanges usually improves access and liquidity.

Change in the US Stock Exchange’s Law Team

The US Securities and Exchange Commission (SEC) transferred one of its senior lawyers, Jorge Tenreiro, to the information technology department. Tenrio played a key role in the Ripple legal case (XRP). This change causes speculation about changing the SEC approach to Ripple and reinforcing the possibility of the case.

Merge Gold Transactions with Blockchain by Bank UBS

The Swiss Bank UBS unveiled a new design in which gold transactions will be made using blockchain technology. The bank uses the ziksync layer of Ethereum to increase transparency and security in gold trading. This can increase the efficiency of the gold market and make it easier to access this asset.

Increasing hopes to verify Ripple ETF by sec

The CBOE Stock Exchange submitted its request to set up the Ripple -based ETF fund. If approved, this can increase the acceptance of the Ripple institution. Given recent changes to SEC leadership and the removal of Ripple’s files from the institution’s website, some investors are optimistic about the approval of this ETF. According to the Polymarket prediction platform data, the probability of this ETF is approval in year 2 is estimated at 2 %.

Change Micrusters Brand to Strategy

Microsestratic, the largest Bitcoin owner company, changed its name to “strategy” last week. Michael Silver, chief executive of the company, said the renaming reflects the company’s focus more on Bitcoin and Blockchain technology. This emphasis is on the Micrusterat’s commitment to maintaining bitcoin as a long -term asset.