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May 24th news, US President Trump said on May 23rd local time that if the mobile phones sold by Apple in the United States are made in foreign countries, they should face at least 25% tariffs. In an interview on the same day, US Treasury Secretary Bessant said that President Trumps original intention was to bring precision manufacturing back to the United States with the help of Apples relocation of the industrial chain. In this regard, some American experts said that moving Apple mobile phones back to the United States for production is "unrealistic like a fairy tale", and Apple will pay a high cost, and the price of its products will also rise. Apple phones produced in the United States will be sold for US$3,500, or about RMB 25,100. Compared with spending huge sums of money to move production lines back to the United States, Apple hopes to increase its investment in the field of artificial intelligence.Bank of Canada Governor Macklem: The transmission effect of tariffs in price data has not yet been observed.Bank of Canada Governor Macklem: The top priority is to reach a trade agreement with the United States.On May 24, Russian Ambassador to the UK Andrei Kelin said in an interview with the Russian Satellite News Agency that British society is increasingly tired of the Ukrainian conflict and British citizens do not want their country to accept Ukrainian refugees. In response to the question of whether British society is tired of the Ukrainian issue, Kelin said: "British society is tired of the Ukrainian issue, although it is not in the majority. If a year ago we were still talking about 80% of British people supporting their governments actions in Ukraine, now this proportion is seriously declining. I dont want to reveal specific numbers because they fluctuate frequently, but the trend is obvious. This is a decline in public support. More and more people are talking about the British people being tired of Ukrainian refugees and not wanting to take them in anymore."Russian Ministry of Defense: Russian troops occupied Stopchi and Otradny in eastern Ukraine.

3 Cryptocurrencies to Buy Now Before Crypto Winter Ends

Alice Wang

Aug 22, 2022 14:38

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This year's crypto winter has been long, chilly, and dark, with most tokens down significantly more than 50% from their November highs. In this situation, finding cryptocurrency to purchase could seem like a masochistic task.


However, downside volatility also carries the possibility of significant future profits. Therefore, choosing high-quality tokens now, when nobody wants them, seems like a sensible option for those who trust in the long-term survival of the cryptocurrency sector, in terms of its innovation and transformational nature.


When investors are bullish, we've seen what can happen to almost all digital assets. The boom in this industry last year was astounding to observe. However, there was a protracted period of underwhelming performance prior to this surge.


Those trying to time the market might have to wait a bit before it starts to recover. We might stay in this atmosphere of cheap prices for a while. Having said that, at current reduced prices, investors could want to start considering purchasing these three cryptocurrencies.

Bitcoin (BTC)

Based on its past performance, Bitcoin (BTC-USD) is frequently the first cryptocurrency investor looks to acquire in situations like these. Over the course of the token's 13-year lifespan, there have been several drops of 50% or more (the oldest in the books). Bitcoin has, however, always roared back to new highs.


There will always be some who assert that "this time is different." And possibly it is. Bitcoin might serve as a barometer of this expansion over time, presuming for a moment that the crypto sector would continue to grow as crypto enthusiasts predict. At least, it has been thus far.


The most institutional adoption of any token has been witnessed with Bitcoin, the most established cryptocurrency. This is one of the main factors motivating many investors to hold Bitcoin. A Bitcoin ETF is ready to receive investment when big money decides to enter the market. In terms of capital flows, Bitcoin remains the leader.


Those who anticipate that the value of digital currencies will rise over time hold the straightforward thesis that it is best to buy and hold Bitcoin. It certainly appears to be much more beautiful now than it has in a while.

The Playground (SAND)

The Sandbox (SAND-USD) might be a tempting purchase for investors in metaverse-related projects before the crypto winter thaws.


Like countless other cryptocurrency projects, The Sandbox is an Ethereum-based initiative. This blockchain-based metaverse game has a close relationship with the creation and exchange of NFTs.


The Sandbox is thus an intriguing project to take into consideration for those who have the long-term perspective that NFTs are here to stay.


Users can influence how this project is run by using SAND tokens, which have a 3 billion supply cap (much like Bitcoin). The Sandbox has achieved some amazing advancements so far, attracting a number of well-known gaming firms and partnerships with its virtual reality environment.


This cryptocurrency has been badly damaged; it is currently selling for 87% less than when it peaked. Those aiming for long-term growth would want to think about SAND at this point.

Avalanche (AVAX)

Avalanche (AVAX-USD) is a proof-of-stake blockchain with smart contracts that has experienced tremendous growth. Avalanche's distinctive subnet structure, which enables excellent scalability in comparison to peers in this field, is largely to blame for this.


Avalanche, a rival to Ethereum (ETH-USD), offers a throughput of about 6,500 transactions per second. This is among the greatest in the sector, giving Avalanche a competitive advantage in terms of technology.