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Trump tariff tribulations 💫

Trump tariff tribulations 💫

A jury found Tornado Cash developer Roman Storm guilty of money transmitting charge.

Stephen Graves
August 07, 2025

📝 What you need to know

U.S. President Donald Trump’s latest round of sweeping tariffs could have knock-on effects on the crypto sector, as impacts on monetary policy, investor behavior, and infrastructure costs ripple through markets.

While tariff headlines alone aren’t expected to disrupt crypto markets, analysts told Decrypt that they could place “continued strain on blockchain ecosystems,” with the mining sector potentially taking a hit from “rising hardware costs and logistical hurdles.”

In the near term, the market response was muted; Bitcoin held steady Thursday morning as profit-taking slowed among short-term holders, while Ethereum, XRP and Solana saw a boost following reports that Trump is set to sign an executive order that would enable crypto to be held in 401(k)s.

Trump's Tariffs Land as Crypto Faces Fresh Trade Shock, Mining Concerns

With new duties hitting dozens of countries, analysts warn of ripple effects on investor sentiment and crypto mining operations.

Ethereum, Solana, XRP Rebound Amid Reports Trump Will Allow Crypto in 401(k)s

Ethereum, SOL, and XRP have jumped on reports that President Trump will sign an executive order to allow crypto in 401(k)s.

Bitcoin Steadies as Short-Term Holder Profit-Taking Slows

Bitcoin’s short-term profit-taking declines, but investors remain cautious as directional bias remains uncertain amid ongoing risks.

How NEAR Protocol and Infinex are Redefining the DeFi User Experience

Crypto founders Illia Polosukhin and Kain Warwick explain how they’re working together to reduce fragmentation and improve DeFi user journeys.

📊 Myriad Market of the Day

Ethereum Frogs floor price above 0.33 ETH at mid August?

Trade "Ethereum Frogs floor price above 0.33 ETH at mid August?" on Myriad

😂 Meme of the Day

Source: Reddit

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

Universal Adds ‘No AI Training’ Warnings to Films as Midjourney Claims ‘Fair Use’

The studio has begun adding legal warnings to the credits of films including "Jurassic World Rebirth" against training generative AI works on its IP.

Trollface Creator Says Crypto ‘Diminishes’ Art, Rules Out Legal Action on $200M Meme Coin

Creator of the internet meme Trollface said he has “no interest” in getting involved in the surging Solana meme coin. based on his creation.

Crypto Scammers Targeting TikTok Shop Users: Report

Cybersecurity firm CTM360 flagged a sophisticated ClickTok scam campaign targeting TikTok users with fake shops to steal their crypto.

decrypt.co/333983/crypto-scammers-tiktok-shop-users

📚 Watch and Learn

📹️ WATCH: Why Tokenized Stocks are Important: A Breakdown

Decrypt spoke to Kraken's global head of consumer, Mark Greenberg, to break down the world of tokenized stocks—and explore Kraken's entry into the space with its XStocks offering.