No Winners in Global Trade War, But Bitcoin Could Benefit: Analyst Take
A major global trade conflict might hurt economies across the board—but Bitcoin could emerge stronger because of it, according to Bitwise analyst Jeff Park. Park believes that former U.S. President Donald Trump’s trade strategies, if revived, could ignite macroeconomic chaos and trigger short-lived financial crises worldwide. This instability, he suggests, could drive more people and […]
Close to 400,000 FTX Users Risk Missing Out on $2.5 Billion in Payouts
Hundreds of thousands of users tied to the collapsed crypto exchange FTX could lose access to a combined $2.5 billion in repayments due to incomplete identity verification. As of April 2, around 392,000 FTX claimants had not initiated the Know Your Customer (KYC) verification process, according to a filing from the U.S. Bankruptcy Court in […]
Altcoins Could See One Final Rally, But Only a Select Few Will Benefit
According to analysts, altcoins may have one last major rally in this cycle—but only those with strong utility and network activity are likely to experience meaningful price growth. “There’s a good chance we’ll see one more push from altcoins,” said Real Vision’s chief crypto analyst Jamie Coutts during an April 3 X livestream with co-founder […]
Arthur Hayes Embraces Tariffs, Saying Money Printing Is Bullish for Bitcoin
BitMEX co-founder Arthur Hayes believes that while U.S. President Donald Trump’s tariff policies may shake up the global economy, the resulting financial turmoil could be exactly what Bitcoin needs to surge. “Global imbalances will be addressed, and any economic pain will be masked by freshly printed money—great news for BTC,” Hayes stated in an April […]
EU Considers $1 Billion Fine for Elon Musk’s X Over Disinformation, Illegal Content
European Union regulators are reportedly preparing to hit Elon Musk’s social media platform, X, with a massive $1 billion fine, factoring in revenue from his other companies such as Tesla and SpaceX, according to The New York Times. The potential fine stems from alleged violations of the Digital Services Act (DSA), with EU authorities planning […]
Trump Implements 10% Tariff on All Imports, Introduces Reciprocal Trade Levies
President Donald Trump has signed an executive order enforcing a universal 10% tariff on all imports and introducing reciprocal tariffs based on trading partners’ duties on American goods. Under the new policy, the U.S. will impose tariffs at approximately half the rate that foreign countries apply to American exports. For example, if China levies a […]
Trump’s ‘Liberation Day’ Tariffs Shake Markets, Spark Recession Fears
On April 2, U.S. President Donald Trump imposed a sweeping set of tariffs, rattling global markets and igniting debate within the crypto community about their long-term implications. At a high-profile White House event, Trump signed an executive order invoking emergency powers to impose reciprocal tariffs on all nations that tax U.S. goods, with a minimum […]
Bitcoin Slips Toward $80K as ‘Death Cross’ Forms, US Stocks Echo 2020 Crash
Bitcoin dropped to fresh monthly lows on April 3 as Wall Street opened under pressure, with US unemployment figures adding to the strain on risk assets. Bitcoin Gives Up Early April Gains as Markets Tumble Data from TradingView showed BTC/USD dipping below $82,000 for the first time this month. Bitcoin initially surged to $88,580 following […]
GameStop Completes $1.5B Fundraising to Acquire Bitcoin
GameStop Corporation (GME), the well-known video game retailer, has successfully concluded a convertible debt offering, securing $1.5 billion in funding. A portion of these funds is designated for purchasing Bitcoin. Initially targeting $1.3 billion, investor demand led to an expansion of the offering by an additional $200 million in aggregate principal, as disclosed in an […]
Pi Network Price Nears Record Lows as Selling Pressure Intensifies
The price of Pi Network’s cryptocurrency is edging closer to its lowest point ever as more tokens enter circulation. According to CoinMarketCap, Pi Network (PI) is currently valued at $0.6722, nearing its record low of $0.6152, which was set on Feb. 20. This price movement comes as an additional 126.6 million PI tokens are set […]