"Today I received a call from the President of the European Commission, Ursula von der Leyen, requesting an extension of the deadline for 50 per cent tariffs on trade with the European Union until June 1," US President Donald Trump said in a post on social media early this morning. "I agreed to the extension - July 9, 2025 - which is my pleasure. The President of the Commission said negotiations would begin promptly."
Measurements of bitcoin volatility have trended lower over the past decade but remain higher than assets such as stocks or gold, with the gap between the 180-day real volatility measure for bitcoin and gold, for example, narrowing by more than 100 percentage points to 28 percentage points over that period. Richard Galvin, co-founder of hedge fund DACM, says the increasing institutionalisation of bitcoin ownership will lead to less volatility over time, adding that products such as ETFs introduce...