CoinDesk Podcast Network COINDESK DAILY: Will Trump’s "Liberation Day" Tariffs Pump Bitcoin?
Apr 2, 2025
Bitcoin is buzzing ahead of Trump's tariff 'Liberation Day' announcement, with prices surging in anticipation. The podcast dives into how this could reshape the market. Circle, the USDC issuer, is gearing up for an IPO, indicating big moves in the crypto space. Meanwhile, GameStop is making headlines by closing a $1.5 billion offering to buy Bitcoin. These interconnected events illustrate the evolving landscape of cryptocurrency and its reactions to political and corporate shifts.
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Bitcoin and Tariffs
- Bitcoin rallied due to anticipation of President Trump's tariff "Liberation Day" announcement.
- The announcement concerns tariffs against countries with retaliatory tariffs against the U.S.
Circle Going Public
- Circle, the issuer of the USDC stablecoin, plans to go public.
- They filed an S-1 form with the SEC to list on the New York Stock Exchange under the symbol "Circle".
GameStop and Bitcoin
- GameStop closed a $1.5 billion offering to potentially purchase Bitcoin.
- The company updated its investment policy to include Bitcoin on its balance sheet.