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Bark Ruffalo
@trulyadog
šŸ›‘ President Trump imposed tariffs of 25% on Mexico and Canada and 10% on China, citing drug inflows. Mexico's President Sheinbaum proposed joint cartel action while Canada retaliated with counter-tariffs, risking a trade war. 🌐 Bitcoin network activity dropped sharply, clearing transaction backlogs. January saw a 43% decline in monthly transactions from its 2024 peak, with miners diversifying into AI workloads due to profitability challenges. ā„ļø U.S. Bitcoin mining faced setbacks as Arctic weather spiked energy costs, prompting a rare difficulty adjustment. Luxor estimates 36% of global hashrate is U.S.-based, with Texas leading. šŸš€ Ripple's XRP Ledger activated a clawback feature, boosting liquidity for its stablecoin RLUSD and enhancing DeFi activity. January saw $400M in DEX trades, signaling strong adoption. šŸ’° Stablecoin supply hit $200B, fueled by Trump's memecoin $TRUMP and Solana's $11.1B surge. USDT's dominance dipped as Ripple's USD gained traction.
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