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21 Jan 2026, 20:45
Jefferies strategists warn investors to hedge against potential market volatility if Supreme Court unexpectedly upholds Trump tariffs

div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> _*]:min-w-0 gap-3 standard-markdown"> Wall Street analysts are telling investors to get ready for bumpy markets when the Supreme Court rules on Trump-era tariffs. Jefferies strategists warn stocks could take a hit if justices shock everyone by letting the trade levies stand. Most traders figure the court will strike down the tariffs. But Jefferies strategist Aniket Shah said in a Wednesday note that an unexpected ruling upholding them “would likely jolt markets.” His advice? Look at put options or volatility instruments “as prudent insurance.” Putting money into sectors that dodge tariffs, like food and staples, could help too. The thing is, nobody knows when the ruling will drop. The court won’t be in session again until Feb. 20. And while Jefferies thinks the tariffs will get tossed, trade fights have heated back up over Trump’s push to control Greenland. Markets already got a taste of what happens when the court doesn’t deliver. Jan. 9 saw Mattel Inc. and Deere & Co. shares fall after an expected ruling never came. Tuesday brought another slide in the S&P 500 when Trump threatened tariffs on eight European countries. Things bounced back Wednesday, up 1.1%, after Trump backed off talk of using force to take Greenland. Trade uncertainty may haunt markets all year “If the Court upholds IEEPA tariffs, it likely green-lights continued use of tariffs as policy leverage,” the Jefferies note, seen by Bloomberg, said, talking about the 1977 International Emergency Economic Powers Act. “This would keep trade-related headline risk elevated in 2026.” Here’s where it gets interesting. If the Supreme Court says the tariffs are illegal , companies could be looking at refunds worth hundreds of billions of dollars total. But trade attorneys say don’t hold your breath, getting that money back could drag on. Trump wrote Jan. 12 on social media that “it would take many years to figure out what number we are talking about and even who, when, and where to pay.” He called it “a complete mess, and almost impossible for our Country to pay.” Import companies and customs experts aren’t buying it. They say the process should be straightforward since tariff payments are all documented. Don’t expect stores to slash prices right away, either Josh Ketter, who runs Spreetail, pointed out that “Retailers haven’t passed on the full cost of tariffs to consumers over the past year, instead they’ve seen their margins squeezed.” First priority for any refunds? “To make themselves financially whole again, so consumers expecting immediate price cuts are going to be disappointed.” _*]:min-w-0 gap-3"> How would tariffs refund actually play out? Michael Lowell from Reed Smith laid out how this might play out. “There is no set timeline on when refunds will be given back,” he said. One way it could go is that the Supreme Court tosses the tariffs but sends the refund question to the Court of International Trade. That would mean months of arguments, probably heading back to the Supreme Court eventually. Another option has the Supreme Court ordering the CIT to start refunds directly. Right now, the Justice Department and companies involved in tariff cases want the CIT to set up a steering committee to handle over 1,000 refund cases already filed, Lowell said. Tim Keeler at Mayer Brown, who used to work for U.S. Trade Representative Susan Schwab, said steering committees usually handle this kind of thing. But he warned that everyone rushing for refunds at once could jam up the works. “Customs can take up to two years to process a protest,” Lowell noted. Post Summary Corrections are faster, “typically done in 30-45 days.” Treasury Secretary Scott Bessent said Sunday it’s “very unlikely” the court overturns Trump’s emergency powers. As reported by Cryptopolitan earlier, Bessent has indicated the Treasury has sufficient funds to handle potential refunds, though he doesn’t expect to need them. Even so, the administration has backup plans ready . Section 122 of the Trade Act of 1974 could bring 15% tariffs for five months. Section 301 allows country-by-country investigations. Section 338 of the Tariff Act of 1930 permits tariffs as high as 50%. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
21 Jan 2026, 20:45
Trump’s No-Force Pledge Earns Cautious Danish Praise, Yet His Political Ambitions Face Stunning Rejection

BitcoinWorld Trump’s No-Force Pledge Earns Cautious Danish Praise, Yet His Political Ambitions Face Stunning Rejection COPENHAGEN, Denmark – In a significant diplomatic development, the Danish Foreign Minister has delivered a nuanced response to former U.S. President Donald Trump’s recent foreign policy statements. While cautiously welcoming Trump’s declaration of no intent to use military force, the minister issued a firm and unambiguous rejection of what he termed the former president’s “unacceptable” political ambitions, placing national sovereignty as Denmark’s non-negotiable red line. Trump’s No-Force Pledge: A Positive Signal in Tense Times The Danish Foreign Minister characterized Trump’s commitment against military force as a constructive signal. This statement arrives during a period of heightened global uncertainty. Consequently, European allies consistently seek clarity on American strategic intentions. The minister’s acknowledgment reflects a pragmatic approach to diplomacy, where even incremental assurances can reduce immediate tensions. However, analysts note this positive signal exists within a broader, more complex framework of transatlantic relations. Historical context is crucial here. Denmark, a founding NATO member, maintains a deep security partnership with the United States. The relationship weathered multiple administrations, yet Trump’s previous tenure introduced notable strains. His past criticisms of NATO burden-sharing and unilateral foreign policy moves created anxiety in Copenhagen. Therefore, the current no-force pledge represents a potential stabilizing element. It offers a basis for predictable engagement, which diplomats value highly. Expert Analysis: Decoding the Diplomatic Language Foreign policy experts interpret the Danish response as a classic example of compartmentalization. “They are separating the tactical from the strategic,” explains Dr. Lars Jensen, a senior fellow at the Centre for Military Studies at the University of Copenhagen. “A pledge of non-aggression is a tactical confidence-building measure. It can lower the temperature in specific hotspots. However, Denmark is clearly signaling that this does not equate to an endorsement of Trump’s overarching political vision or his methods.” This analytical distinction is central to understanding the minister’s carefully calibrated remarks. The Unacceptable Core: Sovereignty and Political Ambitions The minister’s stern warning regarding Trump’s political ambitions forms the article’s critical counterpoint. While not detailing specific policies, the reference to “unacceptable” ambitions points to a fundamental divergence in values and interests. For Denmark, core principles like multilateralism, rule-based international order, and respect for national sovereignty are paramount. The Danish government perceives certain Trump-aligned political projects as potentially undermining these very pillars. Key sovereignty concerns for Denmark include: Arctic Policy: Denmark (via Greenland) is an Arctic state. Any U.S. policy seen as unilateral or dismissive of regional cooperation frameworks directly impacts Danish interests. EU Alignment: As a committed EU member, Denmark’s foreign policy is closely coordinated with Brussels. U.S. actions that seek to divide or pressure individual EU members challenge this foundational alignment. Defense Autonomy: While reliant on NATO, Denmark invests significantly in its own defense capabilities. Policies that might force smaller allies into binary choices threaten this balanced autonomy. The minister explicitly stated there can be “no compromise on matters related to national sovereignty.” This is not merely rhetorical. It reflects a deep-seated consensus across the Danish political spectrum. Sovereignty is the bedrock upon which Denmark engages with all partners, regardless of their size or power. The Path Forward: Dialogue Without Concession Despite the firm stance on principles, the Danish position leaves the door open for dialogue. The minister confirmed the possibility of continued engagement remains. This highlights a mature diplomatic strategy: communicate disagreements clearly but maintain channels to manage differences. The approach avoids isolationism while preventing misunderstandings that could escalate into conflict. Danish Diplomatic Position Strategic Rationale Welcome no-force pledge Reduces immediate risk, enables pragmatic cooperation on shared security issues. Reject unacceptable ambitions Protects core national interests and aligns with EU/ multilateral commitments. Keep dialogue open Maintains influence, provides clarity, and prevents relations from breaking down entirely. This three-pronged stance is likely a template for how other mid-sized European powers may engage. They will assess specific policy statements individually while holding firm on systemic issues related to governance and international law. The balancing act is delicate but necessary in a multipolar world where great power politics are resurgent. Historical Precedent and Future Implications The current situation echoes past transatlantic disagreements, such as those over the Iraq War in 2003. Then, as now, European allies distinguished between supporting the United States as an ally and endorsing specific American-led initiatives they considered flawed. The major difference today is the more overt framing around sovereignty and the clarity of the Danish rejection. Looking ahead, this episode signals that European allies are preparing for a U.S. political landscape where Trump’s influence persists. They are developing a vocabulary of “yes, but” diplomacy—cooperating where interests align while firmly demarcating limits. Conclusion The Danish Foreign Minister’s response to Trump’s no-force pledge is a masterclass in nuanced statecraft. It acknowledges a positive tactical development while issuing a strategic warning about incompatible political ambitions. The unwavering emphasis on national sovereignty defines Denmark’s red lines. This position, which keeps dialogue open but rules out fundamental compromise, will likely resonate with other European capitals navigating an uncertain future in transatlantic relations. The episode underscores that even close alliances require constant negotiation and the vigilant defense of core principles. FAQs Q1: What exactly did the Danish Foreign Minister say about Trump’s statement? The minister described Trump’s pledge not to use military force as a “positive signal” but stated that Trump’s broader political ambitions remain “unacceptable” to Denmark, emphasizing no compromise on sovereignty. Q2: Why is Denmark so concerned about sovereignty in this context? Denmark, as a smaller nation and EU member, bases its foreign policy on multilateralism and international law. It views certain political trends as potentially undermining the rule-based order that protects its interests and autonomy. Q3: Does Denmark’s position mean it is against dialogue with Trump or his allies? No. The minister explicitly stated the possibility of dialogue remains open. Denmark’s strategy is to communicate its limits clearly while maintaining diplomatic channels to manage differences and avoid miscalculation. Q4: How might this affect Denmark’s relationship with the United States? It indicates a relationship of “compartmentalized cooperation.” The two nations may work together on specific, mutually beneficial issues (like security in the Baltic region) while agreeing to disagree on broader strategic visions and values. Q5: Are other European countries likely to share Denmark’s view? While each country has unique priorities, Denmark’s core arguments about sovereignty, multilateralism, and a rules-based order reflect mainstream EU thinking. Other mid-sized and smaller EU members may express similar, cautiously calibrated positions. This post Trump’s No-Force Pledge Earns Cautious Danish Praise, Yet His Political Ambitions Face Stunning Rejection first appeared on BitcoinWorld .
21 Jan 2026, 20:42
Trump Cancels Greenland Tariffs, Bitcoin Volatility Spikes

It’s been nothing but volatile throughout the past few hours as Donald Trump’s comments shake markets across the board. In a new twist, the President of the United States has now called off the tariffs that he imposed on several European countries regarding Greenland. In a statement on Truth Social, he said : Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. The markets reacted positively to the news after having plunged beforehand. In the past few hours, Bitcoin’s price recovered to around $90K, only to plummet to $87K, then back to $ 90 K at the time of this writing. This has resulted in a massive spike in liquidated positions, which are currently standing at $1 billion, up 40% in the past 24 hours. The post Trump Cancels Greenland Tariffs, Bitcoin Volatility Spikes appeared first on CryptoPotato .
21 Jan 2026, 20:30
Bitcoin Spike to $90K Boosts Crypto Liquidations Above $1 Billion as Trump Dumps Tariffs

President Trump said Wednesday that he won't impose tariffs related to his quest for Greenland, boosting Bitcoin and stocks in the process.
21 Jan 2026, 20:15
Digital ruble transactions will be free for Russians, central bank executive claims

The monetary authority in Moscow is now working to convince Russians that its upcoming digital ruble will actually make them independent from bank fees and restrictions. It’s the same as cash and bank money, a representative of Russia’s main financial regulator insisted on national television, although neither citizens nor institutions are likely to take the bait all the way. Russia’s digital coin to save people some fees, central bank exec says Authorities will always try to push their projects on the population, and those in Russia are no exception to the rule. The latest example is that there is a not-so-perfect attempt to promote the digital version of the national fiat. The digital ruble is the same means of payment as banknotes in wallets or balances in bank accounts, according to Alla Bakina, director of the National Payment System Department at the Central Bank of Russia (CBR). Speaking for the Rossiya TV channel, she emphasized that the advantages of the third incarnation of the Russian ruble, after cash and bank money, don’t end there. Access to a digital ruble wallet will be significantly broader than access to a bank account, Bakina noted, obviously playing the “financial inclusion” trump card. She also highlighted the option to access one’s digital ruble holdings through already existing banking apps , without the need to install a new one. This, Bakina explained, will solve the problem with funds being unavailable due to technical issues, as a digital ruble account will be accessible via multiple platforms. Last but not least, the central bank digital currency (CBDC) will make Russians more independent of bank fees and rules, the CBR executive pointed out, elaborating: “For people, all transactions in the digital ruble are absolutely free, regardless of the amount and number of transfers, which means independence from bank fees and restrictions.” Are these claims actually reasonable? The digital ruble has been in the making for several years now. Trials started in 2023, with a limited number of participants, and the pilot has been expanding since last year. The CBDC’s full-scale launch for public use was initially planned for 2025 but postponed by the CBR to allow Russian banks and firms to better prepare. Following a call for its mass adoption, issued last spring by no other than President Putin himself, the Bank of Russia announced a new schedule for its gradual introduction. The latter will be carried out in stages, with the first one starting September 1, 2026. While the state-backed coin is likely to bring some benefits, Alla Bakina’s claims are not painting the full picture. For example, while transfers between private individuals will be free of charge, those to businesses will come with a fee of 0.3% and payments for housing and utility services will be charged at 0.2%. Although a grace period for transactions between companies was recently extended until December 31, 2026, as reported by Cryptopolitan. As with other CBDCs, such as the digital euro , the political promise for the digital ruble has been that it won’t replace cash but merely supplement it. However, some Russian economists are already expecting demand for Russian cash to decline in sectors such as retail and government services. Last month, the executive power in Moscow approved a list of budget payments that can be made in the nation’s digital currency, including salaries in the public sector and pensions . Sofia Glavina, associate professor at the Economics Department of the Peoples’ Friendship University of Russia (RUDN), told local media this week the digital ruble may reduce cash usage by up to 10% by 2030. Many Russians, nearly half of the respondents in a recent poll, fear the main purpose of the digital currency is to serve as a tool to increase government control over their finances. Meanwhile, a top aide to the CBR’s management admitted Russians are unlikely to rush to the digital ruble as holdings in regular bank deposits will remain more desirable. Accounts holding digital rubles will not accrue interest by default, reminded Kirill Tremasov, advisor to the Governor of the Central Bank of Russia (CBR), Elvira Nabiullina. Russian banks have been complaining that the digital ruble may hurt their profits. Join a premium crypto trading community free for 30 days - normally $100/mo.
21 Jan 2026, 20:11
Ripple President: Half of Fortune 500 to Adopt Crypto in 2026

Ripple President Monica Long has said that about half of Fortune 500 companies will adopt formal crypto or digital asset treasury strategies in 2026, pointing to stablecoins, tokenized assets, and custody as main areas of use. She framed crypto less as a trading product and more as financial infrastructure that large firms are beginning to treat as part of routine operations. Institutional Crypto Shifting From Pilots to Production Long shared her outlook in a series of posts on X published on January 20, alongside a longer essay on Ripple’s website released the same day. She argued that banks and corporates are moving past limited trials and into production use, especially for stablecoins used in settlement, on-chain assets, and custody services. According to her, stablecoins are becoming embedded in payment flows as firms look for faster settlement and better liquidity management. Long cited growing involvement from payment firms such as Visa and Stripe, which have integrated stablecoins into parts of their systems. She also pointed to U.S. regulatory changes, including the passage of the GENIUS Act, as a factor that has given institutions clearer rules around dollar-backed crypto assets. Ripple’s own push into this area includes Ripple USD and its conditional approval from the Office of the Comptroller of the Currency to form a national trust bank. On corporate balance sheets, the Ripple executive said crypto exposure is broadening beyond Bitcoin holdings. She expects companies to hold stablecoins, tokenized treasuries, and other on-chain instruments as part of their structured treasury strategies. A 2025 Coinbase survey found that 60% of Fortune 500 firms were already working on blockchain initiatives, while more than 200 public companies held BTC at the end of last year. ETFs, Custody, and Consolidation to Shape the Next Phase Long’s comments have landed at a time when institutional access to crypto is widening through exchange-traded funds (ETFs). For example, Ethereum and Solana ETFs registered record trading volumes in early January 2026, showing sustained activity rather than brief spikes. Meanwhile, asset managers are also expanding product lines, with Bitwise filing for 11 single-asset altcoin ETFs on December 31, 2025, covering DeFi tokens, layer-1 networks, and AI-linked projects. These products match up with Long’s view that while ETFs are a small slice of the broader market, they act as a gateway for institutions that need familiar structures. She also linked adoption to changes in custody. Crypto mergers and acquisitions reached $8.6 billion in 2025, with custody services drawing increased attention as banks face pressure to spread risk across multiple providers. Long expects more than half of the world’s top 50 banks to formalize new custody relationships in 2026. She also said blockchain systems will increasingly work alongside automation tools, allowing treasuries and asset managers to manage liquidity and collateral on a continuous basis. While these forecasts remain projections, they reflect a growing consensus among large crypto firms and investors that institutional use is now shaping how the sector develops. The post Ripple President: Half of Fortune 500 to Adopt Crypto in 2026 appeared first on CryptoPotato .












































