Trump Crypto News Live Today: Fresh Updates from the US Crypto Space (October 30)

Bitcoin's price has plummeted for four straight days, hitting its lowest point since late October. This decline follows the Federal Reserve's recent interest rate cuts and a trade deal between Donald Trump and Xi Jinping. The situation is significant as it reflects the volatility of cryptocurrencies in response to economic policies and geopolitical events, raising concerns among investors about the stability of digital currencies.

Taurus has opened a new office in New York, a move that highlights the growing interest from institutional investors in the U.S. as regulatory clarity improves. This development is significant because it signals a shift in the financial landscape, where clearer regulations can encourage more institutions to engage with cryptocurrency markets, potentially leading to increased investment and innovation in the sector.

The US has announced a reduction of tariffs on China to 47%, a move that could ease trade tensions and foster greater economic cooperation between the two nations. This change is significant as it may lead to lower prices for consumers and a more stable trading environment, benefiting both economies in the long run.

A crypto firm associated with Donald Trump, Fight Fight Fight LLC, is in talks to acquire the U.S. operations of crowdfunding platform Republic. This move could significantly impact the crowdfunding landscape, especially as it merges traditional fundraising with the growing crypto market. The acquisition reflects a broader trend of integrating cryptocurrency into mainstream financial platforms, potentially attracting a new wave of investors and supporters.

US President Donald Trump is in South Korea for a crucial meeting with Chinese leader Xi Jinping aimed at resolving ongoing trade tensions. This meeting is significant as it could influence global markets, including the cryptocurrency sector, which has faced challenges due to recent tariff discussions. The outcome may provide clarity on future trade policies between the two superpowers, impacting economies worldwide.

Jerome Powell, the chair of the Federal Reserve, has raised alarms about potential employment risks as the Fed implements another rate cut of 25 basis points and concludes its quantitative easing program. This decision comes amid concerns over slow job growth, which could impact the economy's recovery. The Fed's actions are significant as they reflect ongoing challenges in the labor market, and Powell's warnings highlight the delicate balance policymakers must maintain to foster economic stability while addressing employment issues.

Michael Saylor, co-founder of Strategy, believes that Bitcoin could reach $150,000 by the end of 2025, citing positive regulatory developments in the US over the past year as a significant factor. This optimism is crucial for the digital asset industry, as it suggests a growing acceptance and stability in the market, potentially attracting more investors and boosting confidence in cryptocurrencies.

XRP is showing potential for a price surge, with analysts predicting it could reach $5 by 2025. Currently trading at $2.6290, the cryptocurrency's rally has paused as traders await key events like the Federal Reserve's interest rate decision and a meeting between Donald Trump and Xi Jinping. This matters because positive developments in these areas could significantly influence market sentiment and investor confidence in XRP.

Shiba Inu's Shibarium is facing significant challenges as it attempts to transition from a meme coin to a functional blockchain. Despite its potential, developer interest and user engagement have plummeted, leading to a sharp decline in network growth. Recent technical and security issues have further exacerbated the situation, causing many users to abandon the platform and deterring new projects from joining. This decline highlights the difficulties Shiba Inu faces in establishing itself as a serious player in the blockchain space.

Ethereum is making waves in the cryptocurrency world by outpacing Bitcoin in fund holdings growth, according to a recent CryptoQuant analysis. This trend highlights a growing interest from institutions in Ethereum, particularly with increased ETF inflows since the beginning of the year. This shift is significant as it indicates a changing landscape in digital assets, where Ethereum's narrative is gaining traction among investors, potentially leading to a more diversified market.

Shekel has teamed up with Symphonyio to introduce V2 no-code trading agents, which allow users to create customizable perpetual contracts on platforms like Hyperliquid and Gains Network. This partnership is significant as it simplifies the trading process, making it accessible to a broader audience who may not have coding skills, thus potentially increasing participation in the crypto market.

XRP's price is experiencing a significant drop, reflecting broader trends in both the stock and crypto markets. The token has fallen to $2.4400, marking its lowest point since late October and a staggering 35% decline from its peak this year. This downturn is concerning for investors and highlights the volatility in the cryptocurrency space, making it crucial for traders to stay informed about market movements.

Nordea, the largest bank in the Nordic region, is set to offer its customers access to Bitcoin exchange-traded products starting in December 2025. This significant move, announced on October 30, reflects the bank's commitment to embracing digital assets and providing innovative investment options. By allowing clients to invest in Bitcoin through regulated products, Nordea is not only enhancing its service offerings but also positioning itself as a forward-thinking institution in the evolving financial landscape.

Satoshi Nakamoto's Bitcoin holdings have seen a staggering decline of nearly $5 billion due to a significant sell-off in the crypto market. This downturn highlights the volatility of cryptocurrencies and its impact on even the most prominent figures in the space. As the market corrects itself, many investors are left questioning the stability of their assets, making this a crucial moment for the future of digital currencies.