Crypto News Today : Dogecoin, Bitcoin Price, Elon Musk American Party and More

The post Crypto News Today : Dogecoin, Bitcoin Price, Elon Musk American Party and More appeared first on Coinpedia Fintech News July 7, 2025 05:51:34 UTC Trump Threatens Additional 10% Tariffs on BRICS Supporters President Trump has announced a new 10% tariff on countries that support BRICS, calling their actions “anti-American.” The BRICS summit began Sunday in Brazil. As the G7 and G20 face internal rifts, BRICS is trying to offer a more united and cooperative alternative amid rising global conflicts. However, he revealed no details on what those policies meant, and also added that there would be “no exceptions to this.” This is the first BRICS summit to include Indonesia, one of several new members alongside Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. July 7, 2025 05:32:19 UTC Metaplanet Boosts Bitcoin Holdings to 15,555 BTC Metaplanet has accumulated another 2,205 Bitcoin, worth $240.8 million. The latest purchase brings their total holdings to 15,555 Bitcoin worth $1.68 billion. In June alone, the company made multiple large Bitcoin purchases, adding thousands of BTC to its balance sheet. Metaplanet is one of the largest corporate holders of Bitcoin and is also ahead of major companies like Tesla, Coinbase, and CleanSpark. Its long-term goal is to acquire 210,000 BTC by 2027, which would represent about 1% of Bitcoin’s total supply. July 7, 2025 05:13:44 UTC Elon Musk Says America Party Will Embrace Bitcoin, Trump Calls Him a ‘Wreck’ Elon Musk, in a recent X post, said that his America Party will support Bitcoin. When a user asked if the party would embrace Bitcoin, Musk replied, “Fiat is hopeless, so yes.” He announced the formation of the party on Saturday, aiming to break the Republican-Democrat stronghold. This comes amid a rift with Donald Trump, who recently signed the “Big Beautiful Bill”—a move which Musk has criticized for worsening the national deficit. Donald Trump fired back at Elon Musk on Truth Social, calling him a “TRAIN WRECK” who has “gone off the rails” in recent weeks. He also mocked his plan to launch a third political party.