Crypto markets sell off as US stocks and global markets react to President Trump’s new tariff threats. Will the tensions put a stop to Bitcoin's start-of-year recovery? Key takeaway: Rising US and Japan bond yields signal macroeconomic stress, dragging the total crypto market capitalization 32% below its Oct 2025 peak. Bitcoin (BTC) and Ether (ETH) retested their lowest levels in more than two weeks after crypto and stock markets digested US President Donald Trump’s fresh round of tariff threats. The potential tariffs are an attempt by the administration to convince Denmark to reconsider its control of Greenland. European nations have shown little willingness to negotiate, prompting crypto and equities investors to adopt a more risk-averse stance. Read more
US President Donald Trump’s government has asked countries to pay $1 billion for a permanent spot on his “Board of Peace” aimed at resolving conflicts, according to US media reports. The White House has asked various world leaders to sit on the board, chaired by Trump himself, including Prime Minister Shehbaz Sharif, Russian President Vladimir Putin, Hungarian Premier Viktor Orban and Canada’s Mark Carney. Member countries — represented on the board by their head of state — would be allowed to join for three years, or longer if they contributed more than $1 billion within the first year, according to Bloomberg, which first reported the sum. “Each member state shall serve a term of no more than three years from this charter’s entry into force, subject to renewal by the chairman,” stated the board’s draft charter obtained by Bloomberg and other media. “The three-year membership term shall not apply to member states that contribute more than USD $1,000,000,000 in cash funds to the Board of Peace within the first...
Thousands of people took to the streets of Denmark’s capital on Saturday to protest at US President Donald Trump’s push to take over Greenland, an autonomous Danish territory. The protest followed Trump’s warning on Friday that he “may put a tariff” on countries that oppose his plans to take over mineral-rich Greenland, which is an autonomous territory of Denmark. They also coincided with a visit to Copenhagen by a bipartisan delegation from the US Congress that has made clear the opposition of many Americans to the Trump administration’s sabre-rattling. Waving the flags of Denmark and Greenland, the protesters formed a sea of red and white outside Copenhagen city hall, chanting “Kalaallit Nunaat!” — the vast Arctic island’s name in Greenlandic. Protesters wave Greenlandic flags as they take part in a rally under the slogans ‘Hands off Greenland’ and ‘Greenland for Greenlanders’, in front of the City Hall in Copenhagen, Denmark on January 17. — AFP Thousands of people had said on social media they would take ...