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Reading: Market Insights: Coinbase Lists New Altcoin and Trump’s Strategic Moves
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COINTURK NEWS > Cryptocurrency News > Market Insights: Coinbase Lists New Altcoin and Trump’s Strategic Moves
Cryptocurrency News

Market Insights: Coinbase Lists New Altcoin and Trump’s Strategic Moves

In Brief

  • The cryptocurrency market is experiencing significant transitions with new listings and volatility.

  • Coinbase is set to list Aethir (ATH) while Bitcoin remains steady.

  • Trump's tariffs may complicate U.S.-EU relations and impact domestic politics.

Fatih Uçar
Fatih Uçar 3 months ago
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The cryptocurrency landscape is bustling with rapid changes and developments. While price volatility can be frustrating for traders, we are witnessing a significant transition period. Recent inflation data released alongside the market opening was below expectations, providing strong support for the market. Although we may not see immediate price responses, the medium-term outlook remains positive. Coinbase is adding a new altcoin to its platform, and Trump continues to make intriguing statements.

Contents
Coinbase’s New Altcoin ListingTrump’s Statements

Coinbase’s New Altcoin Listing

Coinbase has announced it will list Aethir (ATH) on the Ethereum $2,522 (ERC-20) network. Following the announcement, the altcoin experienced a daily price surge of 7% in anticipation of its listing on March 13. While Bitcoin $104,365 lingers around the $82,000 mark, exchanges are actively continuing their altcoin listings.

Trump’s Statements

The European Union has announced additional tariffs as a countermeasure against the United States. Moreover, the EU plans to impose more tariffs on strategic products that could complicate U.S. domestic politics, effective mid-April. EU officials have stated that the lengthy negotiations yielded no results, indicating the U.S. is not aligned with the agreement.

Trump’s statements raise confusion, especially since retaliatory actions could deeply impact the markets. If Trump continues to demand more after each gain, it could trigger a process that forces the U.S. into a domestic recession beyond the global trade war.

In his recent remarks, President Trump said:

“The EU has acted very harshly. We will apply mutual tariffs. I am very happy about the fall of oil. Everything is now dependent on Russia. We currently have people going to Russia; I hope we can establish a ceasefire. We have received some positive messages about the ceasefire. We are working hard to finish this. I can put pressure on Russia, but I hope it won’t be necessary. I can make financial deals that would harm Russia. We are working hard to finish this: the EU was established to benefit from the U.S. If the Democrats come around, we plan to lower taxes. I have the right to adjust tariffs. April 2 will be a significant day. There will be very little flexibility on tariffs. There is flexibility on tariffs, but there will be very little after it starts. I will respond to the EU’s counter-tariffs. Tax policy is aimed at preventing other nations from trading. There is still a large budget deficit, and we will balance this. The EU is pursuing our companies like Apple. I am not happy with the EU; we will win this financial war. The EU does not buy U.S. agricultural products or cars. We will definitely impose tariffs on cars.”

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 12 March, 2025 - 9:28 pm 12 March, 2025 - 9:28 pm
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