Posts from the 'Op-Ed' Category

Bitcoin battles, gold soars: How tariffs are reshaping wealth

Bitcoin battles, gold soars: How tariffs are reshaping wealth

The global financial markets are navigating a storm of uncertainty, and as an observer with a front-row seat to this unfolding drama, I find myself both fascinated and apprehensive about the forces at play. The past week has been a rollercoaster, with stocks and bonds caught in a relentless selloff driven by escalating trade tensions that have markets on edge.

The White House’s decision to slap a staggering 145 per cent tariff on Chinese imports has sent shockwaves through global economies, and even the brief reprieve offered by President Trump’s 90-day tariff pause hasn’t been enough to restore confidence. Investors are rattled, and for a good reason—the spectre of a US recession looms large, and the ripple effects could reshape the global economic landscape.

As I unpack the market’s reaction, I see a complex interplay of fear, opportunism, and cautious hope, with assets like gold and Bitcoin reflecting the broader search for stability in a world that feels increasingly unmoored.

Let’s begin with the equity markets, where the mood is unmistakably grim. The MSCI US index plummeted 3.5 per cent on Friday, a sharp decline that underscores the market’s growing unease. Defensive sectors like Consumer Staples and Utilities managed to hold their ground, with the former eking out a modest 0.2 per cent gain and the latter slipping just 0.6 per cent.

These sectors, often seen as safe harbours during turbulent times, are benefiting from investors’ flight to quality. But the broader picture is one of retreat—Asian equities, led by Japan, were down in early trading, and US equity futures signalled another weak open, with a projected 0.5 per cent drop.

The MSCI gauge of Asian stocks is on track for its third consecutive week of losses, a streak that reflects the region’s vulnerability to trade disruptions. China and Hong Kong, which briefly rallied on hopes of fresh stimulus from Beijing, gave back those gains on Friday as reality set in: tariffs of this magnitude could choke off growth, and no amount of stimulus may fully offset the damage.

The bond market, meanwhile, is telling its own story of unease. The US Treasury yield curve has steepened, a sign that investors are bracing for a mix of inflationary pressures and economic slowdown. The 10-year Treasury yield climbed 9.3 basis points to 4.42 per cent, reflecting concerns that tariffs could drive up costs and fuel inflation.

At the same time, the 2-year yield dipped 4.6 basis points to 3.86 per cent, suggesting that markets are pricing in slower growth and potential rate cuts down the line. This steepening curve is a classic signal of uncertainty—investors are torn between the immediate inflationary impact of tariffs and the longer-term risk of a recession.

The bond market’s volatility has been exacerbated by a selloff that some analysts liken to the “dash for cash” seen during the early days of the COVID-19 crisis. Hedge funds, caught off guard by the rapid rise in yields, have been forced to unwind leveraged positions, adding to the market’s fragility.

The US dollar, typically a safe haven in times of crisis, is under pressure, with the dollar index sliding 2.0 per cent. This decline reflects growing concerns about US economic growth, as tariffs threaten to disrupt trade and erode confidence in American assets. Meanwhile, the euro and yen are gaining ground, a sign that investors are seeking non-US alternatives.

The yen, in particular, benefits from its status as a safe-haven currency, while the euro’s strength may reflect Europe’s efforts to present a united front against US trade policies. But let’s not kid ourselves—Europe isn’t immune to the fallout. A 20 per cent US tariff on European goods could hammer exporters, and the STOXX 600’s recent slide suggests that investors are already pricing in pain.

Gold, unsurprisingly, is shining bright amid the chaos. Up 3.0 per cent and pushing toward US$3,250 an ounce, the precious metal is basking in its role as the ultimate safe haven. Investors are piling in, driven by fears of economic instability and the inflationary pressures that tariffs could unleash. Gold’s upward momentum feels relentless, and I can’t help but see it as a barometer of the market’s deepest anxieties.

When even US Treasuries—long considered the bedrock of safety—are being dumped in favour of cash and gold, you know the ground is shifting. Brent crude, on the other hand, is struggling, down 3.3 per cent and hovering just above US$62 per barrel. The combination of tariff-induced demand fears and OPEC+’s decision to ramp up output is keeping oil prices in check, a rare bit of relief for consumers but a headache for energy producers.

Then there’s Bitcoin, which occupies a curious niche in this turbulent landscape. At US$79,474, it’s down 3.5 per cent over the past day and 2.24 per cent over the last month, according to CoinMarketCap. April has been a wild ride for the cryptocurrency, with Trump’s tariff announcements triggering sharp swings.

The initial panic on April 2 sent Bitcoin reeling, as investors fled risk assets. But the pause in tariffs has sparked a tentative recovery, with signs of a corrective bullish wave emerging. The Relative Strength Index is showing early positive divergence, hinting that the selling pressure may be easing. Still, Bitcoin faces a tough road ahead. If it can’t break through the US$84,000 resistance level, it risks stalling out.

But if bullish momentum builds, we could see it test US$96,000. What strikes me about Bitcoin is its dual nature—it’s both a speculative asset and a potential hedge against fiat currency debasement. In a world where tariffs are stoking inflation fears, Bitcoin’s narrative as “digital gold” gains traction, even if its volatility keeps it from being a true safe haven.

As I reflect on these developments, I’m struck by the broader implications of this trade war. Tariffs of this scale—145 per cent on China, 20 per cent on Europe, and a baseline 10 per cent on nearly all US imports—are a gamble with high stakes. The White House argues they’re a tool to protect American industries and level the playing field, but the immediate fallout suggests otherwise. Supply chains are buckling, consumer prices are poised to rise, and corporate earnings are under threat.

The market’s reaction—plunging stocks, surging gold, and a weakening dollar—tells me that investors see more pain ahead than promise. China’s retaliatory tariffs, now at 84 per cent on US goods, signal that this isn’t a one-sided fight. Beijing’s hints at further stimulus may cushion the blow, but they’re unlikely to fully offset the drag of restricted trade.

What worries me most is the potential for a self-fulfilling prophecy. Markets are pricing in a US recession, with some estimates putting the odds as high as 60 per cent. If businesses pull back on investment and consumers tighten their belts, that fear could become reality. The Federal Reserve, already grappling with sticky inflation, faces an impossible choice: cut rates to stimulate growth and risk fuelling inflation, or hold firm and watch the economy sputter.

The bond market’s volatility suggests that investors are losing faith in the Fed’s ability to thread the needle. And while Trump’s tariff pause offers a glimmer of hope, it’s a temporary reprieve at best. Negotiations with over 75 countries are underway, but the threat of renewed levies looms large, especially for China.

On the flip side, there’s an argument to be made that markets are overreacting. The US economy has shown resilience before, and corporate America is adept at adapting to new realities. If tariffs force companies to reshore production, it could spark a manufacturing renaissance, creating jobs and strengthening domestic supply chains.

The pause in tariffs has already triggered massive relief rallies, with the S&P 500 posting its biggest one-day gain since 2008 earlier this week. And let’s not forget that volatility creates opportunities—savvy investors are snapping up beaten-down stocks and positioning for a rebound. Bitcoin, too, could benefit if inflation fears drive demand for alternative assets.

Still, I can’t shake the sense that we’re at a tipping point. The global economy is interconnected, and policies that disrupt trade flows don’t just hurt one nation—they reverberate worldwide. Emerging markets like Vietnam, already reeling from currency devaluations, face a precarious future. Europe’s export-driven economies are bracing for impact, and even Japan, with its safe-haven yen, isn’t immune to the slowdown.

As I look at the data—plunging stock indices, soaring gold, and a bond market in disarray—I see a world grappling with uncertainty. My view is cautiously pessimistic: while markets may find moments of relief, the underlying tensions won’t resolve quickly. Investors should buckle up for a bumpy ride, with safe havens like gold and selective defensives offering the best shelter in this storm.

 

 

 

Source: https://e27.co/bitcoin-battles-gold-soars-how-tariffs-are-reshaping-wealth-20250411/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Gold jumps 3.3 per cent, Nasdaq soars 12.1 per cent, Bitcoin increases 7 per cent: Inside Trump’s tariff rollback effects

Gold jumps 3.3 per cent, Nasdaq soars 12.1 per cent, Bitcoin increases 7 per cent: Inside Trump’s tariff rollback effects

April 10, 2025, the world woke up to a dramatic shift in global risk sentiment, spurred by President Donald Trump’s unexpected announcement of a 90-day pause on reciprocal tariffs for most countries, excluding China.

This move, paired with a jaw-dropping 125 per cent tariff hike on Chinese imports, has sent shockwaves through markets, igniting a rollercoaster of reactions that deserve a deep and thoughtful exploration. Let’s unpack this market wrap, weaving together the data, the human stakes, and my own take on what it all means.

The announcement came like a thunderclap after days of escalating tension, with both the US and China locked in a high-stakes game of economic brinkmanship. Just yesterday, tariffs on China jumped by another 50 per cent, pushing the total to an unprecedented 125 per cent. It’s a bold, almost theatrical escalation, signalling that Trump is doubling down on his hardline stance against Beijing.

Meanwhile, the 90-day pause on tariffs for other nations—a flat 10 per cent duty remains in place—offers a lifeline for negotiations, a chance to step back from the edge of a full-blown global trade war. The markets, ever sensitive to such twists, responded with a fervour that hadn’t been seen in years.

The S&P 500 surged 9.5 per cent, its largest single-day rally since October 2008, while the Nasdaq soared 12.1 per cent, marking its biggest daily gain in 24 years. The CBOE Volatility Index, or VIX, often dubbed Wall Street’s “fear gauge,” plummeted 35.8 per cent to 33.62, a dramatic exhale after peaking at 52.33. It’s as if the markets collectively sighed in relief, at least for now.

What’s driving this euphoria? For one, the pause on universal tariffs has lifted a dark cloud of uncertainty that had been suffocating investor confidence. The prospect of reciprocal tariffs—matching duties imposed by other countries on US goods—had threatened to choke global trade, spike inflation, and drag economies into recession. Trump’s decision to hit the brakes, even temporarily, suggests a willingness to negotiate rather than bulldoze ahead, a pragmatic pivot that markets have seized upon.

But it’s not all rosy. The US-China trade war is intensifying, and with neither side showing signs of backing down, the stakes are higher than ever. The 125 per cent tariff on China is a gauntlet thrown down, a dare for Beijing to retaliate further or come to the table. It’s a risky play, and one that could backfire if China opts for escalation over compromise.

Turning to the bond market, US Treasury yields paint a complex picture. The 10-year yield climbed 3.9 basis points to 4.332 per cent, and the 2-year yield leaped 18.2 basis points to 3.908 per cent, reflecting a surge in risk-on sentiment. Yet, the 20-year and 30-year yields bucked the trend, easing slightly, a subtle hint that investors remain wary of the long-term fallout from this trade saga.

The robust demand at the 10-year Treasury note auction underscores a flight to quality amid the chaos—investors still see US debt as a safe harbour, even as yields tick higher. The US Dollar Index, however, barely budged, slipping just 0.1 per cent. This muted response stands in contrast to the sharp declines in safe-haven currencies like the Swiss franc and Japanese yen, both down 1.0 per cent, as risk appetite roared back to life.

Commodities, too, joined the rally. Gold, often a barometer of fear, surged 3.3 per cent—its biggest one-day gain since March 2020—settling above US$3,100 per troy ounce. At first glance, this might seem counterintuitive given the risk-on mood, but it reflects a dual narrative: relief at the tariff pause, coupled with lingering unease about the US-China standoff. Brent crude oil, meanwhile, climbed 4.2 per cent to US$65 per barrel, buoyed by optimism that a broader trade war might be averted, at least for now.

Over in Asia, indices like the HSCEI rose 3.2 per cent, fuelled by hopes of more Chinese stimulus to counter the tariff squeeze. It’s a fragile optimism, though—US equity futures are already signalling a lower open, suggesting that yesterday’s euphoria might be short-lived.

The crypto market, ever a wild card, erupted in tandem with traditional assets. Bitcoin surged eight per cent to reclaim US$84,000, its strongest intraday gain since mid-March, sparked by Trump’s tariff rollback. Technical indicators hint at a potential sell-wall at US$85,000 as traders eye profits, but the momentum is undeniable. This rally comes on the heels of BlackRock CEO Larry Fink’s Monday warning that global markets could sink 20 per cent if tariffs took full effect—a prediction that now looks prescient, though his call for a “buying opportunity” has proven spot-on with this rebound.

Binance, commanding nearly half of Bitcoin’s spot trading volume, has solidified its dominance, with its altcoin market share swelling from 38 per cent to 44 per cent in Q1. It’s a testament to the exchange’s ability to capitalise on volatility, though it’s squeezing competitors in the process.

Ethereum, however, tells a darker story. Sliding to US$1,380—a level unseen since March 2023—it’s caught in a relentless downtrend, battered by macroeconomic headwinds and uncertainty over US trade policies. Sentiment in the crypto space is souring, with investors questioning whether ETH’s bullish structure can hold. Yet, there’s a glimmer of hope: CryptoRank data shows Ethereum trading below its realised price, a rare signal that’s historically preceded strong recoveries. It’s too early to call a bottom, but this could be an accumulation zone for the brave.

On the central bank front, the Fed’s March FOMC minutes offered little solace, overshadowed by trade developments. Policymakers flagged “longer-lasting inflationary pressures” from tariffs, with risks to inflation skewed upward and employment downward. It’s a sobering assessment, hinting at a Fed that’s boxed in—rate cuts could stoke inflation further, while holding steady might choke growth. Across the Pacific, the Reserve Bank of New Zealand (RBNZ) delivered a 25-basis-point cut, as expected, with a dovish tilt suggesting more easing ahead as Trump’s tariff fallout unfolds. Central banks are on edge, and rightly so.

So, what’s my take? This market wrap is a tale of two narratives: relief and reckoning. The 90-day tariff pause has unleashed a wave of optimism, giving stocks, commodities, and Bitcoin a much-needed boost. It’s a lifeline for a global economy teetering on the brink, and investors are grabbing it with both hands.

But the US-China trade war is a festering wound that won’t heal easily. That 125 per cent tariff is a provocation, and China’s next move—whether retaliation or negotiation—will shape the months ahead. The markets may be celebrating today, but this feels like a sugar high, not a sustainable recovery. Volatility isn’t going anywhere; the VIX may have eased, but at 33.62, it’s still elevated, signaling more turbulence to come.

I’m skeptical of Trump’s strategy. The pause is a shrewd tactical retreat, but the China escalation reeks of bravado over substance. It’s a gamble that could juice US manufacturing in the short term—hence the market’s cheer—but risks long-term damage if global trade fractures. The Fed’s caution and the RBNZ’s dovishness underscore the fragility of this moment.

For investors, it’s a time to tread carefully: the rally is real, but the risks are just as tangible. Gold’s surge tells me fear hasn’t left the building, and Ethereum’s woes remind us that not every asset thrives in chaos. As a journalist, I’ll keep digging, watching for the next twist in this saga—because if there’s one thing I’ve learned, it’s that in markets and politics, the only constant is change.

 

 

 

Source: https://e27.co/gold-jumps-3-3-per-cent-nasdaq-soars-12-1-per-cent-bitcoin-increases-7-per-cent-inside-trumps-tariff-rollback-effects-20250410/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

US-China trade war escalates: Markets and Bitcoin plummet

US-China trade war escalates: Markets and Bitcoin plummet

The US-China trade war and its ripple effects across markets, currencies, and cryptocurrencies like Bitcoin are the key highlights. Today, on April 9, 2025, the world is holding its breath as the clock ticks toward a midnight deadline (ET) when the United States could impose a staggering 50 per cent hike in tariffs on Chinese goods, pushing levies to an unprecedented 104 per cent.

China’s Commerce Ministry has fired back with a resolute declaration: “If the US insists on its own way, China will fight to the end.” This escalating tit-for-tat has plunged global risk sentiment into a tailspin, and from my vantage point, it’s clear that the fallout is reshaping the financial landscape in ways that are both profound and unpredictable.

Looking at the equity markets, where volatility has become the name of the game. The S&P 500, a bellwether of US economic health, experienced a rollercoaster session yesterday. It surged over four per cent in early trading, buoyed perhaps by fleeting optimism or speculative positioning, only to surrender those gains and close 1.6 per cent lower. This left it teetering on the edge of bear market territory—defined as a 20 per cent drop from its recent peak. The NASDAQ, heavily weighted with tech stocks sensitive to global trade dynamics, fared even worse, shedding 2.15 per cent after a similar wild swing from a four per cent gain.

Meanwhile, the Dow Jones Industrial Average dropped 349 points, a decline that, while less dramatic in percentage terms, underscores the broad-based anxiety gripping Wall Street. The CBOE Volatility Index, often dubbed the “fear index,” spiked another 11.4 per cent to 52.33—a level that screams panic and reflects a market bracing for more turbulence. From my perspective, these gyrations aren’t just noise; they’re a visceral response to the uncertainty of a trade war that threatens to upend global supply chains and corporate earnings.

The bond market tells a complementary story. US Treasury yields presented a mixed picture yesterday, with the two-year yield retreating as investors sought short-term safety, while longer-term yields—like those on the 10-year note—climbed higher. This steepening of the yield curve followed a lacklustre auction of 3-year notes, which triggered a selloff in longer-dated bonds. To me, this suggests a market grappling with conflicting signals: fear of an economic slowdown driving demand for safe-haven assets, yet persistent inflationary pressures tied to tariffs keeping longer-term yields elevated.

The US Dollar Index weakened by 0.3%, a modest dip that nonetheless handed gains to safe-haven currencies like the Swiss franc and Japanese yen. Gold, often a barometer of global unease, held steady at US$2,983.27 per ounce—not a dramatic move, but a sign of its role as a quiet anchor amid the storm. Brent crude oil, however, slid 2.2 per cent to US$62.82 per barrel, reflecting fears that a trade war could sap global demand. As I see it, these asset movements paint a picture of a world economy on edge, with investors hedging bets and seeking shelter wherever they can find it.

Now, to Bitcoin, which has been a fascinating subplot in this saga. Just days ago, the cryptocurrency briefly breached the US$80,000 mark—a rally that sparked hope among bulls that it could defy the gathering storm. But that optimism has evaporated. As of April 8, Bitcoin had slipped below its US$76,000 support level, trading at US$76,193—a drop that erased much of the “Trump pump” gains from late last year. Technical analysts are pointing to a “death cross” forming on the charts, where the 50-day moving average crosses below the 200-day moving average, a bearish signal that often heralds prolonged declines.

From my vantage point, this reversal isn’t surprising. Bitcoin’s recent bounce felt more like a panic rally—fuelled by speculative fervor rather than fundamentals—than a sustainable trend. The harsh reality is that Trump’s tariffs, combined with China’s retaliatory measures, are creating a global financial crisis that even crypto can’t escape. The notion that Bitcoin is a decoupled asset, immune to traditional market forces, is being tested and, frankly, debunked in real time.

The cryptocurrency market’s woes extend beyond Bitcoin itself. Bitcoin exchange-traded funds (ETFs), which had gained traction as a bridge between crypto and mainstream finance, are hemorrhaging capital. Data from Farside Investors shows US$256.6 million in outflows from these funds in April alone, with only one day of positive inflows so far. April 1 marked the largest single-day exodus at US$157 million, while BlackRock’s IBIT ETF, a heavyweight in the space, saw a US$65 million inflow on April 2 but also suffered the biggest intra-day loss.

This flight of capital reflects a broader investor unease, amplified by Trump’s tariff policies and the spectre of a US recession. Mark Carney, Canada’s Prime Minister, recently weighed in, warning that these tariffs heighten the odds of an economic downturn south of the border—a view that aligns with growing chatter among economists and market watchers. For me, Carney’s comments underscore a critical point: the interconnectedness of global economies means that no asset class, not even crypto, can fully insulate itself from macroeconomic shocks.

The interplay between tariffs and Bitcoin is particularly intriguing. Some, like former BitMEX CEO Arthur Hayes, had argued that cryptocurrencies might weather tariff-induced turbulence better than traditional assets, given their decentralised nature. But the data tells a different story. The Crypto Fear and Greed Index, a sentiment gauge, has plunged into “fear” territory, mirroring the VIX’s climb in traditional markets. Bitcoin’s correlation with equities, while not absolute, has tightened in recent weeks, suggesting it’s behaving more like a risk asset than a safe haven.

China’s “revenge” tariffs—reportedly an additional 34 per cent on US goods—have only deepened the gloom, raising the stakes in this trade war and threatening to disrupt everything from manufacturing to consumer prices. As I see it, the hope that crypto could serve as a hedge against such chaos is fading fast, replaced by a stark realisation that it’s caught in the same web of uncertainty as stocks and bonds.

Looking beyond the US, the global ramifications are equally stark. Asian equity indices opened lower today, tracking Wall Street’s losses and bracing for the tariff deadline. Japan and South Korea, key US allies, are reportedly in “highly tailored” deal talks with the White House, as President Trump’s economic adviser Kevin Hassett hinted at a broader tariff strategy still taking shape. Hassett told reporters that a plan is being prepared for Trump to decide “who and when” for these talks, but the situation remains fluid.

For me, this ambiguity is a double-edged sword: it keeps markets on tenterhooks, but it also opens the door to potential de-escalation if cooler heads prevail. Fed fund futures, meanwhile, are now pricing in four interest rate cuts for 2025—a dovish shift that signals growing recession fears, even as inflation risks from tariffs loom large. It’s a tightrope walk for the Federal Reserve, and one that could dictate the trajectory of both traditional and crypto markets in the months ahead.

So, what’s my take on all this? I see this as a pivotal moment—one where the hubris of protectionism is colliding with the fragility of a globalised economy. Trump’s tariffs, while rooted in a desire to bolster US manufacturing, risk igniting a wildfire of retaliation and economic contraction. The markets, from the S&P 500 to Bitcoin, are screaming for clarity, but none is forthcoming.

China’s resolve to “fight to the end” only heightens the stakes, promising a protracted battle that could drag down growth worldwide. For Bitcoin, the dream of it being a “digital gold” untethered from earthly woes feels increasingly distant; it’s a speculative asset caught in the crossfire, not a sanctuary. The US$256.6 million in ETF outflows this month is a testament to that reality—investors are spooked, and they’re voting with their wallets.

In the end, we’re left with a market wrap that’s less a conclusion and more a cliffhanger. Tonight’s tariff deadline could mark a turning point—or just another chapter in a saga of volatility.

My gut tells me we’re in for more rough seas, with the potential for a US recession casting a long shadow over 2025. Whether it’s the VIX at 52.33, Bitcoin at US$76,193, or the S&P 500 flirting with a bear market, the numbers don’t lie: fear is in the driver’s seat.

As I pen this on April 9, 2025, at 12:23 PM +08, the world watches and waits—and so do I, ready to chronicle whatever comes next.

 

Source: https://e27.co/us-china-trade-war-escalates-markets-and-bitcoin-plummet-20250409/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j