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#TrumpTariffs The Trump administration has cut its tariff on “de minimis” packages, or shipments of goods worth $800 or less, coming in from China from 120% to 54% and slashed the rate from 145% to 30% for packages from commercial carriers. A $100 flat-fee option also won’t surge to $200 per postal item come June 1, as was previously planned, according to an executive order issued Monday and which goes into effect after midnight on Wednesday. Monday’s executive order eases the 120% tariff on de minimis postal packages down. The new 54% rate only applies to shipments handled by postal services such as USPS. Deliveries from UPS, FedEx and other express courier companies will instead face the baseline tariff on Chinese goods, which the US lowered to 30%, still crippling for many businesses and consumers. It’s a better scenario than the alternative, but ultimately still this is a tremendous disruption for basic household items, like clothing, etc, that are shipped using the de minimus exemption,” Clark Packard, a trade policy research fellow at the Cato Institute, a libertarian think tank, told CNN.
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#BTCBackto100K Bitcoin Tops $100K for First Time in 3 Months The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump's early April Liberation Day tariff announcement. Bitcoin is back above $100,000 after dropping just under $75,000 following President Trump's early April tariff announcements. Traditional markets have joined crypto in rallying following the initial panic over the tariff news. Standard Chartered's Geoff Kendrick says flows are the key dynamic in this latest move. This latest push to above $100,000 appears to be due to a trade deal between the U.S. and UK. Bitcoin BTC $102,780 is setting new all-time highs in network value as BTC price action eyes a return to six figures. Data from onchain analytics platform CryptoQuant confirms new record highs for Bitcoin’s realized cap. This new all-time high in Realized Cap not only reflects a surge in invested capital but also a growing conviction in Bitcoin’s long-term potential as a financial asset,” the post concluded. “With sustained accumulation from both LTHs and STHs, the market appears to be building a solid foundation for a potentially significant price breakout. If this trend continues, we could be witnessing the early stages of a new bull cycle for Bitcoin.”
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#StripeStablecoinAccounts Stripe unveils the world's first AI foundation model for payments. Stripe launches new money management capabilities, making stablecoin-powered financial accounts accessible to businesses in 101 countries. Stripe announces a deeper partnership with NVIDIA, which completed the fastest-ever migration to Stripe Billing. 60+ additional launches across Stripe’s full product suite, including AI-powered dispute management, support for 25 new payment methods, consumer card issuing, Stripe Tax expanding to 102 countries, and more. SAN FRANCISCO—Today, programmable financial services company Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. Stripe serves the world’s largest and fastest-growing companies, including half of the Fortune 100 and 78% of the Forbes AI 50. Last year, businesses on Stripe processed $1.4 trillion in total payment volume—up 38% from 2023 and equivalent to around 1.3% of global GDP. In aggregate, the revenue that businesses process on Stripe is growing seven times faster than that of companies in the S&P 500. At its annual user event, Sessions, Stripe launched the world’s first AI foundation model for payments and unveiled a major expansion of its money management capabilities, including stablecoin-powered accounts. “There are not one, but two, gale-force tailwinds, well off the Beaufort scale, dramatically reshaping the economic landscape around us: AI and stablecoins,” said Patrick Collison, Stripe cofounder and CEO. “Our job is to pull these technologies forward so businesses on Stripe can benefit from them right away.”
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Breaking $100K isn’t just a psychological level – it’s a signal to global capital that Bitcoin belongs in every portfolio The analytics company showed that Bitcoin’s realized capitalization has also hit a record $890 billion. The milestone highlights the overall investment kept by Bitcoin owners and may also indicate an expectation for a price breakthrough since it represents the third straight week of record-breaking rise for the metric. Ethereum also applied its Pectra update on May 7, which added smart account capabilities and boosted its scalability. Despite its upgrade, ETH price and derivatives measurements showed a rather subdued reaction to the network improvement. ETH futures stayed below the 5% neutral level, at 3%, suggesting that bulls lacked appetite even with the effective application of the upgrade. Institutional momentum drives BTC above $99K In the wake of Bitcoin’s upward trend, BlackRock’s spot Bitcoin exchange-traded fund (IBIT) recorded $6.96 billion in net inflows since the start of 2025. The ETF also surpassed the SPDR Gold Trust (GLD) to become the sixth most popular fund by inflows. $BTC
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#BTCBreaks99K Bitcoin successfully broke through the $99,000 mark today (May 8), reaching a high of $99,450, the first time since mid-April. Previously, BTC oscillated in the $97,000-$98,000 range for over a week, completing a power accumulation breakthrough after multiple tests of the resistance level On-chain data showed Bitcoin just broke above the $99,000 level late Wednesday evening and is nearing the $100K mark. At the time of publication, the digital asset was exchanging hands at $99,330, a 2.83% increase in the last 24 hours. Despite the virtual asset’s recent dip, which was more than 10% from its January peak, investors seem confident in the cryptocurrency’s long-term value as it moves towards the $100K level. Glassnode analytics also noted that addresses holding between 10 and 10,000 BTC added more than 81,300 BTC over the past six weeks, signaling renewed institutional and high-net-worth investor confidence. The world’s first cryptocurrency Bitcoin, has moved above the $99,000 mark and is almost breaking above the psychological $100K level. BTC is currently trading at $99,330, with roughly $47 billion in 24-hour trading volume, almost a 50% increase in the last 24 hours. Altcoins are also rallying in BTC’s wake, with Ethereum rising by 4.26% to $1,904, while Solana jumped by 3.7% to reach $151.61. With BTC nearing $100K, analysts argue the breakpoint could lead to a wave of FOMO among both retail and institutional investors. The digital asset’s holders have also been aggressively collecting BTC since late March, with wallets containing between 10 and 10,000 BTC accumulating 81,338 BTC over six weeks. Data from Glassnode revealed that the number of Bitcoin wallets holding more than 1,000 BTC jumped from 1,945 on March 1 to 2,006 by May 7, the largest 30-day increase in 2025. The digital asset’s behavior reflects a similar trend seen in Q1 2024,
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