Heartbreaking: 11 People Were Confirmed Dead In Wisconsin Today After Tanker explosion…..

Here’s what happened in crypto today! Today in crypto, Donald Trump’s tariffs could hike crypto mining rigs prices in the US, giving non-US operations a boost; Binance said it’s delisting 14 tokens after a community vote, and Ripple has acquired prime broker Hidden Road for $1.25 billion.

US President Donald Trump’s sweeping tariffs could collapse US demand for Bitcoin mining rigs to the benefit of non-US miners as manufacturers will look outside the US to sell surplus stock for cheaper, says Hashlabs Mining CEO Jaran Mellerud.

 

Mellerud said mining machine prices would likely rise in the US and fall in the rest of the world as rig makers will “need to lower prices to attract buyers in other regions.” That, he said, may allow non-US mining operations to scale up and take a larger slice of Bitcoin’s total hashrate.

 

Trump unveiled “reciprocal tariffs” on nearly every country on April 2 and some of the largest crypto mining machine makers are based in countries such as Thailand, Indonesia and Malaysia that will be hardest hit by the tariffs. Crypto mining rig makers Bitmain, MicroBT and Canaan originally moved to some of these countries to circumvent a 25% tariff that Trump imposed on China in 2018 during his last administration.

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