Morning Minute: What’s At Stake with Trump in Beijing
Donald Trump arrived in Beijing for his first China visit since 2017, meeting Xi Jinping for a pivotal summit addressing five major crises that could significantly impact global markets. Key topics include Iran—where China’s influence over Tehran means any signal of facilitating a ceasefire or negotiation could drop oil prices and potentially influence Bitcoin’s price trajectory and U.S. interest rate policy. The summit will also address trade, with analysts expecting limited deals rather than fundamental resets, but Trump’s delegation includes top U.S. CEOs positioned to make meaningful agreements. Charles Schwab, managing $12 trillion, has launched direct Bitcoin and Ether trading for select U.S. retail clients, with a full rollout planned by 2026. Along with Fidelity and Morgan Stanley, this brings direct crypto access to over 50 million American investors—diminishing the necessity of using dedicated exchanges like Coinbase for most retail users. Prediction market platform Myriad has adopted Chainlink as its oracle infrastructure, improving market speed and reliability and enabling expansion beyond crypto into broader event-driven markets. A user recovered $400,000 in lost Bitcoin by using Anthropic’s Claude AI to solve wallet access issues, restoring hope for others missing private keys.
