Coin overview
J
Ended--
Last price (USDT)
491.27K
24h total (USDT)
1.05M
Total vol (USDT)
2025-01-15 15:00:00 ~ 2025-01-22 09:30:00
Trading time (UTC+0)
2025-01-22 11:00:00 ~ 2025-01-22 23:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
Jambo is building a global on-chain mobile network, powered by the JamboPhone — a crypto-native mobile device starting at just $99. Jambo has onboarded millions on-chain, particularly in emerging markets, through earn opportunities, its dApp store, a multi-chain wallet, and more. Jambo’s hardware network, with 700,000+ mobile nodes across 120+ countries, enables the platform to launch new products that achieve instant decentralization and network effects. With this distributed hardware infrastructure, the next phase of Jambo encompasses next-generation DePIN use cases, including satellite connectivity, P2P networking, and more. At the heart of the Jambo economy is the Jambo Token ($J), a utility token that powers rewards, discounts, and payouts.
Vladimir Putin’s Russia isn’t actually safe from Trump’s trade war
Russia got lucky when Trump dropped the “ Liberation Day ” tariffs. But that luck is fake. The real danger is oil. That one word—oil—is all that holds Putin’s war-fueled economy together. And right now, that oil is dragging his empire straight into hell. Crude prices are diving. Russia’s Urals blend just sank below $55 a barrel. That’s almost $20 short of what the Kremlin needs to hit its own budget target. Around a third of Russia’s state revenue comes from oil and gas. That hole is a gaping wound. If prices stay down, the country’s deficit could almost double this year. Trump’s trade moves push Russia closer to collapse Peace talks over Ukraine are stalling. Moscow is dragging its feet, hoping battlefield wins will force the U.S. to fold. But that leverage is slipping. Oil prices are crushing the Kremlin’s budget. If they fall deeper, Putin might be forced to change his war strategy, because the money simply won’t be there. J.P. Morgan’s analysts said even though Russia is cut off from most global markets, Trump’s trade policy will still hit it hard. They called it a “tsunami” headed straight for Moscow. Putin’s government doesn’t just depend on oil for cash. It relies on it for survival. In the 1980s, falling oil prices helped wreck the Soviet Union. In 1999, when Putin became prime minister, rising oil prices bailed him out. His whole power play stands on that foundation. And right now, that foundation is shaking. See also Trump says he expects a trade deal with the EU in a meeting with Italy's Giorgia Meloni The oil industry pumps more than fuel. It lifts other sectors too. When oil does well, steel factories thrive, construction sites boom, and entire towns stay afloat. But when oil drops, everything linked to it drops too. That chain reaction is what economists call a multiplier effect. Trump’s team knew oil was Russia’s weak spot. His administration hinted early on that they’d pressure U.S. and Saudi production up to drag prices down. Keith Kellogg, Trump’s Ukraine envoy, said in January that if oil fell to $45, it might push Putin to stop the war. When Trump finally released his new global tariffs list, Russia wasn’t even on it. But that wasn’t a gift. It was irrelevance. The U.S. said there’s barely any real trade left with Moscow thanks to years of sanctions. Russia faces multi-dimensional pressure Russia has survived other oil crashes—2008, COVID—but this is different. The war’s been running for three years. The Kremlin tried to hide the costs by handing out jobs and money. If the economy crashes now, that cover gets ripped off. The Kremlin claims it’s doing “everything to minimize the consequences for the Russian economy.” But the numbers don’t lie. Brent crude could average just $63 this year, Goldman Sachs said. And by 2026, it could hit $58. Since Urals already sells at a discount, that means Russia’s oil could fall under $50. Coal and metals are also sinking. China’s slowdown from Trump’s tariffs adds more pain. See also Trump says he's working on firing Fed chair Powell for refusing to cut interest rates Renaissance Capital told clients low oil prices could lead to a “hard landing.” They said if Urals stays at $50 this year, Russia’s GDP might only grow 0.1%. That’s nearly flat. Especially bad after the last two years, when military spending boosted GDP by 4% in both 2023 and 2024. That same spending triggered out-of-control inflation. To fight it, the central bank hiked interest rates to 21%. It’s the highest ever. At the same time, the country’s losing workers—either drafted into the army or fleeing the country. February’s year-over-year GDP growth was just 0.8%, down from 3% in January. Factory output is down. Car sales are down. Rail cargo shipments are down. Every metric is falling. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Here are all the Trump insiders who sold off billions in stocks before tariff announcement
Executives from some of America’s biggest companies sold off billions of dollars in shares right before Trump’s tariff announcement hit the markets. The trades happened during the first quarter of 2025, as tension built around the White House’s next economic move. According to Bloomberg, names like Mark Zuckerberg, Safra Catz, and Jamie Dimon all dumped massive blocks of stock while prices were still high. By the time Trump rolled out new tariffs on April 2, tech stocks had already started bleeding. Every one of those early sellers dodged a bullet, and the timing is loud as hell. Zuckerberg sold 1.1 million shares of Meta through his Chan Zuckerberg Initiative and its connected nonprofit. Those sales brought in $733 million before Meta’s stock took a 32% nosedive. The trades happened in January and February, when shares were still above $600. On February 14, Meta hit a high of over $736, the same day Zuckerberg’s net worth peaked at $259 billion. As of the last count, he’s down to $178 billion, still ranked third in the world behind Elon Musk and Jeff Bezos. Catz didn’t wait around either. The Oracle CEO exercised and sold off 3.8 million shares in January, worth $705 million total. At the time, Oracle’s stock was trading above $180, but it has since dropped more than 30%. Bloomberg listed her net worth at $2.4 billion for the first time, mostly from this sale and her remaining holdings. Public filings showed the trades followed a 10b5-1 plan, which she typically uses when her options are set to expire. Her personal stake in Oracle is smaller now, but her bank balance isn’t. Jamie Dimon, the JPMorgan boss, pulled out $234 million from the market in Q1. His first big trade happened on February 20, right after the bank’s stock hit a 2025 high. Bloomberg said he has a net worth of $3 billion, and his selling didn’t stop in Q1. On April 14, he dumped another 133,639 shares worth $31.5 million, bringing his total this year to over $265 million. See also ECB cuts interest rates by 25 bps for their 7th consecutive cut Executives sold billions as Trump’s tariffs loomed The first quarter wasn’t quiet. Trump’s team hinted at sweeping tariffs leading up to April 2, a day he branded as “ Liberation Day .” That threat shook investors. By the time the announcement dropped, billions had already been erased from global markets. The tech world felt it the hardest. Elon Musk reportedly lost $129 billion this year as stocks tied to phones, chips, and software kept slipping. A few billionaires are already buying the dip, but plenty have already made their exit. The Washington Service tracked a total of 3,867 people who sold stock in Q1 2025, totaling $15.5 billion. That’s lower than Q1 2024, when 4,702 people sold $28.1 billion worth of shares. That wave last year was led by Bezos, who sold $8.5 billion in Amazon stock in February. This year, the exits were more balanced. Ten people sold over $3.8 billion combined. Nikesh Arora, CEO of Palo Alto Networks, dumped 2.36 million shares worth over $432 million. He’s been exercising stock options at the beginning of each month under a 10b5-1 plan from March 2024, and filings show he’s continued selling through April. His total take this year is now more than $565 million, with over $100 million in exercise costs. Max de Groen, a Nutanix board member from Bain Capital, sold 5.5 million shares worth $409 million. Bain converted a note last summer that gave them 16.9 million shares. De Groen said at the time that Bain didn’t plan to sell, but eight months later, they flipped about a third. Nutanix’s stock climbed more than 56% between the note conversion and the sale on March 4. Since then, it’s dropped 20%. See also J&J prepares for $400M in tariff costs amid strong earnings Chuck Davis, co-CEO at Stone Point Capital, sits on the board of Axis Capital Holdings, a Bermuda insurance firm. Axis repurchased $400 million worth of its own stock in February and March from an investment vehicle run by Stone Point. Davis’s name is tied to 4.37 million shares sold for just under $400 million. Stock dump continued across tech, banking, and healthcare Stephen Cohen, president of Palantir , got out with $337 million in Q1. His shares were sold under a 10b5-1 plan, part of a larger wave. Palantir insiders offloaded $4 billion last year, and 2025’s off to a similar start. The company’s stock doubled between mid-January and mid-February, and it’s still up 24% year-to-date. Cohen’s personal worth now sits at $3.3 billion, most of it tied to Denver-based Palantir options. Eric Lefkofsky, CEO of Tempus AI, sold 4.05 million shares worth $231 million. Tempus went public in June, and shares have climbed more than 9% since. A rep from the company said some of the sales covered IPO costs. Lefkofsky has a 10b5-1 plan that lets him sell 1% of his stake every quarter. Ted Sarandos, co-CEO of Netflix, sold 199,063 shares for nearly $195 million on January 30. He used $21 million to exercise the options, which expire between 2026 and 2032. He’d set up the 10b5-1 plan back in October. Travis Boersma, co-founder of Dutch Bros, sold 2.5 million shares for $189 million in February. The shares were held in trusts under his control. He launched the Oregon coffee brand with his late brother in 1992. He used to be a dairy farmer, and became a billionaire in 2021 when the company went public. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Trump Unveils U.S. Bitcoin Reserve Initiative
Key Points: Trump administration establishes U.S. Bitcoin Reserve. Initiative aims for budget-neutral Bitcoin acquisition. Experts see impacts on institutional crypto strategies. Trump Unveils U.S. Bitcoin Reserve Initiative Lede The Trump administration announced a U.S. Bitcoin Reserve on March 6, 2025, seeking to acquire Bitcoin using alternative funding methods. Nut Graph The U.S. Bitcoin Reserve marks a strategic shift, potentially boosting Bitcoin’s market role and influencing global government policies. 1. Introduction The Trump administration has initiated a U.S. Bitcoin Reserve , aiming to reposition the U.S. in global crypto frameworks. The project involves unique funding channels, such as tariffs and Treasury gold revaluation, bypassing conventional taxpayer-funded approaches. Key figures include Donald J. Trump and Bo Hines, who emphasize Bitcoin’s financial significance. They crafted strategies to accumulate Bitcoin using tariff revenues and revalued gold, supporting tax-neutral acquisition efforts. 2. Market Reactions The initiative spurred immediate financial reactions, with Bitcoin prices rising 3.8% to $82,500. Institutional investors and governments are closely scrutinizing these market movements, considering the reserves a revolutionary model. This policy signals a notable political shift, encouraging other nations to prioritize Bitcoin. Beyond potential economic benefits, the initiative strengthens Bitcoin’s consideration as a reserve asset like gold. As Donald J. Trump stated, “The Strategic Bitcoin Reserve ensures the U.S. remains a leader in global digital asset strategy.” 3. Future Implications This evolving strategy may influence future regulatory policies and market practices. Observers highlight how financial, political, and technological landscapes could shift towards a more crypto-centric focus over time. Analyzing these shifts reveals probable financial and regulatory outcomes. Bitcoin’s role as a reserve asset magnifies, and with similar historical trends, its norm-defining trajectory may inspire comparable strategies worldwide.
DWF Labs Announces U.S. Expansion with New Office as Part of Growth Strategy, Unveils $25M Strategic World Liberty Financial (WLFI) Token Purchase
April 16th, 2025 – Dubai, UAE DWF Labs , the next-generation crypto market maker and Web3 investment firm, announced its strategic expansion to the United States with a new office in New York City. DWF Labs also announced it has purchased $25 million of World Liberty Financial (“WLFI”) governance tokens in a strategic private transaction, the decentralized finance protocol and governance platform inspired by President Donald J. Trump. The new U.S. office marks a significant milestone in DWF Labs’s global expansion strategy, positioning the firm to: Strengthen institutional partnerships with banks, asset managers, and fintech firms exploring blockchain integration. Hire local talent across trading, compliance, and business development. Enhance regulatory engagement with U.S. policymakers and advance educational initiatives with American colleges and universities. Drive liquidity and adoption for high-quality projects like the USD1 stablecoin and its emerging DeFi ecosystem. “The U.S. is the world’s largest single market for digital asset innovation,” said Andrei Grachev, Managing Partner of DWF Labs. “Our physical presence reflects our confidence in America’s role as the next growth region for institutional crypto adoption. Moreover, the USD1 stablecoin and forthcoming global DeFi solutions align with our broader mission to improve financial services.” DWF Labs’s purchase of WLF tokens underscores its desire to participate in WLFI governance and focus on projects addressing real-world financial needs, as evidenced by the growing demand for institutional-ready stablecoins like USD1. As part of this collaboration, DWF Labs plans to provide liquidity for USD1, leveraging its deep liquidity network and algorithmic infrastructure across centralized and decentralized venues. This strategic role underscores DWF Lab’s commitment to supporting stable, transparent digital assets and advancing the adoption of fiat-referenced stablecoins globally. “We believe that crypto is going to transform and improve global finance, and stablecoins like USD1 will continue to be fundamental elements in the DeFi technology stack,” said Zak Folkman, co-founder at World Liberty Financial. “As our partner, we expect DWF Labs to help accelerate the next-generation infrastructure we’re actively building and deploying at WLFI.” About DWF Labs DWF Labs is a next-generation Web3 investor and market maker and one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges. To learn more, visit their website here. About World Liberty Financial World Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform dedicated to empowering individuals through transparent, accessible, and secure financial solutions. Inspired by the vision of President Donald J. Trump, WLFI seeks to democratize access to DeFi by creating user-friendly tools and institutional-grade products that bring the benefits of decentralized finance to a broader audience. Its first flagship offering, USD1, is a forthcoming stablecoin redeemable 1:1 for the US Dollar (USD) that is designed to be institution-ready but useful for everyone. USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. To learn more, visit: https://www.worldlibertyfinancial.com/ Contact VP, Comms Lynn Chia DWF Labs press@dwf-labs.com
DWF Labs enters US market with New York office and $25m WLFI investment
Crypto market maker DWF Labs has expanded its footprint to the United States with the launch of a new office in New York City. The firm also disclosed a $25 million purchase of governance tokens from World Liberty Financial (WLFI), a DeFi platform inspired by former President Donald J. Trump. The expansion is part of DWF Labs’ broader growth strategy aimed at strengthening institutional relationships, hiring U.S.-based talent, and engaging more directly with regulators and academic institutions. The firm made it clear that they have a deeper commitment to the country’s growing digital asset market. The firm says the move also positions it to drive liquidity and adoption for stablecoin initiatives like USD1 , which WLFI is actively building into its ecosystem. “The U.S. is the world’s largest single market for digital asset innovation,” said Andrei Grachev, Managing Partner at DWF Labs. “Our physical presence reflects our confidence in America’s role as the next growth region for institutional crypto adoption.” WLFI governance DWF Labs’ acquisition of WLFI tokens gives it a stake in the protocol’s governance and highlights its interest in projects aimed at real-world use cases. The firm plans to support WLFI’s USD1 stablecoin by providing liquidity through its existing infrastructure across centralized and decentralized platforms. “We believe that crypto is going to transform and improve global finance,” said Zak Folkman, co-founder of WLFI. “As our partner, we expect DWF Labs to help accelerate the next-generation infrastructure we’re actively building.” The strategic investment and expansion come as stablecoins gain traction among institutional players seeking more transparent, fiat-referenced tools in the DeFi space.
Bitcoin Price Reclaimed $83K, After Trump Announced 90-Day Tariff Pause
Key Points Yesterday, Trump authorized a 90-day pause on tariffs, lowering the reciprocal tariffs to 10%. Bitcoin’s price reacted to the announcement, surging above $83,000. Earlier today, Bitcoin’s price surpassed $83,000, following yesterday’s Trump tariff-related announcement. The general crypto market is up by almost 7% in the past 24 hours. Bitcoin Price Surged Above $83,000 Bitcoin recorded a significant price surge from $75,000 levels. The digital asset’s price debuted an ascendant trajectory on April 9, topping $83,000 earlier today. At the moment of writing this article, BTC is trading above $82,000, up by 7% in the past 24 hours. BTC price in USD today On April 9, BTC recorded a surge of over 5% in a short amount of time, following the US President’s tariff-related announcement. Trump Delayed Tariffs by 90 Days In a message on Truth Social, Trump announced some changes in his tariff policies. He began his message by saying that he is raising the tariff charged to China by the US to 125%, “based on the lack of respect” that China has been showing the world markets. He continued by saying that hopefully, sometime in the near future, China will realize that the days of ripping off the US and other countries are no longer sustainable or acceptable. Trump also stated that more than 75 countries have called Representatives in the US, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution regarding trade, tariffs, currency manipulation,n and non-monetary tariffs. He said that based on the fact that these countries have not retaliated in any way or form against the US, he authorized a 90-day delay on tariffs, lowering reciprocal tariffs during this period to 10%, effective immediately. Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off… — Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 9, 2025 Yesterday, following Trump’s announcement, both traditional and crypto markets reacted. Today, the crypto market is up by almost 7%. Also, the markets expect to see whether the US Fed will decide to cut interest rates, following another recent message from the US President who advised the Fed’s Chair, Jerome Powell, to lower rates.
Illinois Senate approves crypto fraud prevention bill
The Illinois Senate has passed Senate Bill 1797, also known as the Digital Assets and Consumer Protection Act, to address cryptocurrency fraud and protect investors from deceptive practices. The bill, introduced by Senator Mark Walker in February, was approved on April 10 with a vote of 39 to 17. Under the legislation, the Illinois Department of Financial and Professional Regulation (IDFPR) will oversee digital asset business activity within the state. Entities engaging in crypto-related activities with Illinois residents must register with the IDFPR and provide full disclosure of fees and charges. “A person shall not engage in digital asset business activity, or hold itself out as being able to engage in digital asset business activity, with or on behalf of a resident unless the person is registered in this State by the Department,” the bill states. Senator Walker emphasised the need for regulatory standards to curb fraudulent activities and ensure credible actors operate within the crypto industry. “The rise of digital assets has opened the door for financial opportunity, but also for bankruptcy, fraud, and deceptive practices,” Walker said. Illinois’ move follows a wave of high-profile memecoin scams that have caused significant financial losses for investors. One notable case involved the collapse of the Libra token, which insiders allegedly drained of $107 million in liquidity, leading to a 94% price crash. The legislation aims to promote responsible innovation while protecting consumers from scams like rug pulls and misleading fee structures. If signed into law, SB1797 could serve as a model for other states seeking to regulate the growing cryptocurrency market effectively. The bill now moves to the Illinois House of Representatives for further consideration before potentially reaching Governor J.B. Pritzker for final approval.
Trump signs bill revoking controversial IRS DeFi broker rule into law
President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration. According to an Apr. 10 press release statement from Rep. Mike Carey (R-Ohio), who introduced the bill alongside Sen. Ted Cruz (R-Texas), the president’s signing of the bill marks a major legislative win for the crypto industry and its advocates in Congress. The bill repeals an IRS DeFi broker rule finalized at the end of 2024 that expanded the definition of “broker” to include decentralized finance platforms and other non-custodial digital asset services. The rule would have required DeFi platforms, wallet providers, and front-end protocol interfaces to collect user information and report crypto transaction data using Form 1099. “This is the first cryptocurrency bill ever signed into law and the first tax-related Congressional Review Act of Disapproval signed into law,” Rep. Carey said in a statement. He added that the rule “needlessly hindered American innovation” and would have overwhelmed the IRS with compliance demands it is unequipped to handle. “By repealing this misguided rule, President Trump and Congress have given the IRS an opportunity to return its focus to the duties and obligations it already owes to American taxpayers instead of creating a new series of bureaucratic hurdles.” — Mike Carey, Ohio Congressman The resolution, known as H.J.Res.25, passed the Senate on Mar. 4, 2025, and the House on Mar. 11. Due to its budget-related implications, the bill required a final Senate vote , which occurred on Mar. 26, before being sent to the president’s desk. Trump’s signature ensures the rule “shall have no force or effect,” and prevents the IRS from issuing a similar rule without explicit Congressional approval under the CRA. The White House had already voiced support for the resolution, calling the rule a “midnight regulation” introduced during the final days of the Biden administration. The signing comes amid a wider regulatory shift in Washington. In recent months, the Securities and Exchange Commission under acting chair Mark Uyeda dropped lawsuits against firms like Coinbase, Gemini, and Kraken. On Apr. 8, the Department of Justice also disbanded its National Cryptocurrency Enforcement Team, citing strategic missteps. In another major development, Paul Atkins, a long-time SEC commissioner and crypto advocate, is set to officially take office as the new SEC chair after Senate confirmation . With Atkins in office, industry insiders expect the agency to shift focus away from enforcement towards a more supportive environment for crypto innovation.
Bitcoin Price Dropped Below $80K
Key Points Today, BTC dropped below $80,000 for the first time since March 11. BTC’s price drop comes amidst extreme fear in the crypto markets. Bitcoin recorded a price drop below $80,000 today, for the first time since March 11. The digital asset’s descendant trajectory debuted yesterday evening from $82,000 levels. BTC saw a price decline of around 2% on April 6, which continued today, taking the digital asset’s price to $76,000 levels earlier. At the moment of writing this article, BTC is trading above $76,000, down by over 7% in 24 hours. BTC price in USD today Bitcoin’s recent price drop came after the digital asset held above $80,000, despite a sharp drop in traditional markets after the US President Donald Trump announced his tariff policy. Today, the fall in the traditional US stock market futures continued, and earlier the S&P 500 futures were down by over 22%, according to data from The Kobeissi Letter . Crypto Market Enters Extreme Fear Zone Since Trump’s April 2 announcement, BTC maintained prices above $80,000 until Sunday evening. During the past weekend, on April 5, the crypto industry celebrated Satoshi Nakamoto’s birthday. Bitcoin’s price drop comes amidst a decline in the general crypto market of over 9% in the past 24 hours, with the Fear and Greed Index entering the Extreme Fear zone. The 24-hour crypto liquidations surpassed $1 billion in 24 hours, with over $877 million in long positions and over $141 million in shorts. Trump Maintains Tariff Policy Meanwhile, Trump continues to support his tariff policy, saying that the US has massive financial deficits with China, the European Union, and other countries. According to him, the only way this problem can be cured is with tariffs, which are now bringing tens of billions of dollars into the US. He said that the surplus with these countries had grown during Joe Biden’s administration and that the US would reverse the trend quickly. Trump explained that people will realize that tariffs “are a beautiful thing.” We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus… — Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 7, 2025 Recently, Trump also insisted that the Fed should cut interest rates in the US. The next FOMC meeting is scheduled for May 7, and the chances of a new rate cut surged to over 49%, according to data from CME Group. Meanwhile, while the broader market panics, the latest Bitcoin price drop represents an accumulation opportunity, amidst continued global adoption.
Tariffs caused Bitcoin to decline less than equities or oil yet more than bonds and gold
Bitcoin continues to trade lower for April, surrendering the majority of its Q1 gains as global markets react to escalating US-China trade tensions. The move, tied to the US trade war, comes amid broader asset repricing, with Treasury yields falling, oil collapsing, and equities entering correction territory. Prices since tariffs announced (Source: TradingView) The above post-tariff chart captures the acute market response since President Trump’s April 2 announcement of sweeping trade penalties and China’s response of an 84% tariff on US goods, a move Beijing described as non-negotiable. Within days, oil prices collapsed by 20.92%, while SPY fell 10.23% and Bitcoin dropped 7.34%. Bond prices also declined, with US10 and CN10 down 2.42% and 2.58%, respectively, reflecting upward pressure on yields. Gold, often a traditional safe haven, retreated 2.83%, indicating that liquidity stress and risk-off sentiment dominated across asset classes. Bitcoin’s relative positioning, down less than SPY and oil but more than bonds and gold, shows that despite strategic reserve narratives, it remains partially tethered to broader macro volatility under acute market stress. Global assets since the US election (Source: TradingView) Their overall performance since Donald Trump’s election win solidifies Bitcoin’s relative resilience. Since the November 2024 US election, Bitcoin is up 11.51 %, and gold is closely trailing at 11.09 percent. Both assets have held ground as traditional markets repriced sharply. SPY has declined 14.42%, and oil prices have collapsed by over 20%, highlighting widespread macro stress. Meanwhile, the US and Chinese 10-year bond prices (US10 and CN10) have fallen 5.11% and 1.72%, respectively, consistent with expectations of persistent inflation or heightened issuance. BTC correlation with macro deepens Bitcoin’s performance since Trump’s inauguration initially tracked with a supportive policy environment. Public backing of crypto adoption, tokenization of reserves, and re-shoring initiatives contributed to a bullish narrative across digital assets. However, the latest data shows Bitcoin trading mostly in line with risk assets rather than decoupling from them. The recent selloff across SPY and the reversal in Treasury yields reflect shifting expectations. Markets are beginning to price in slower growth, tighter consumption, and more defensive positioning. Yale’s Budget Lab projects a 0.9 percentage point decline in real GDP for 2025, with the average household expected to incur $3,800 in additional costs from the tariff regime. Despite favorable long-term policy framing, Bitcoin has not escaped volatility tied to global liquidity and demand concerns. Institutional allocators appear to be reducing exposure to beta-sensitive assets, crypto included, as recession odds rise. JPMorgan now places the probability of a global recession at 60%, up from 40% before the April announcements. Goldman Sachs raised its US-specific projection to 45 percent. JPMorgan’s annual letter also cautioned that prolonged tariffs may contribute to persistent inflation, asset volatility, and reduced investment confidence. Global bond divergence narrows Bitcoin’s safe-haven window While US Treasury yields have reversed sharply, China’s sovereign bond market is reflecting different stress signals. The China 10-year yield is down to 1.65 percent, dropping 65 basis points year over year. Trading Economics data also shows consistent yield declines across the 2Y, 5Y, and 30Y curves. These moves imply deflationary pressure, weak external demand, and limited domestic growth rebound potential. As Citi reported, China’s GDP forecast has been cut from 4.7 percent to 4.2 percent for 2025. However, this is still considerably higher than the US’s current 2.4% growth and projected 3% decline. Kaiyuan Securities projects that US tariffs may reduce Chinese exports by nearly a third, reducing total exports by 4.5 percent and dragging growth by over a percentage point. Yet, with both Western and Chinese sovereign curves pricing in downside growth risk, Bitcoin’s role as a global reserve hedge becomes more complicated. Institutional portfolios may hold back on discretionary allocation until liquidity stabilizes or policy clarity returns. Trump’s framing of Bitcoin as a reserve-grade digital commodity continues to resonate with parts of the domestic crypto ecosystem, but implementation remains unclear. For now, investors appear to be watching macro signals more than political signaling. Bitcoin outlook in context of recession risk The structural narrative surrounding Bitcoin as a geopolitical hedge, inflation buffer, or programmable reserve asset remains intact. However, in periods of macro stress, correlations tend to increase across all risk markets. The latest price action indicates that Bitcoin is not yet viewed as a risk-off asset under liquidity duress. BTC may still find policy tailwinds if the administration accelerates Bitcoin-native initiatives, introduces digital treasury issuance, or formalizes sovereign Bitcoin holdings. Until then, market participants are trading the asset through a macro lens. Price behavior remains closely tied to risk conditions, recession modeling, and cross-asset liquidity. Brent crude oil has fallen more than 20 percent since late March, with forward spreads narrowing and surplus pricing increasing. Consumer retrenchment, reduced export demand, and pressure on manufacturing margins all feed into broader market repricing. Bitcoin, as part of the broader allocation spectrum, remains sensitive to these shifts. Year-to-date Bitcoin is actually one of the worst-performing assets, second only to oil. Year-to-date chart of global bonds, commodities, and securities (Source: TradingView) The divergence illustrates how Bitcoin and gold have so far absorbed trade war volatility more effectively than oil, equities, or sovereign debt markets, suggesting that Bitcoin has drawn relative strength even as global liquidity deteriorates. However, no asset can compare to gold in 2025, up 16%. The post Tariffs caused Bitcoin to decline less than equities or oil yet more than bonds and gold appeared first on CryptoSlate.
Debriefing the Fed's 10-Year Rate Cycle: Where Will Bitcoin Go under Three Scenario Analyses?
Original Article Title: "Revisiting the Fed's 10-Year Interest Rate Cycle: Where Will Bitcoin Go Under Three Scenario Paths?" Original Source: Biteye Over the past decade, Bitcoin's bull tops and bear bottoms have mirrored the Federal Reserve's interest rate policy. · Tops usually occur during the strongest rate hike expectations · Bottoms, on the other hand, coincide with expectations shifting towards rate cuts · Now, the market stands at a three-way fork in the road: · Rate hike restart → Double bottom? · Rate cut in the second half of the year → Rally after consolidation? · Mid-year rate cut → Bull market acceleration? These paths will determine the next phase of Bitcoin's journey. This article will dissect the price movement of BTC under three scenarios, providing a comprehensive understanding of the macroeconomic and price game theory. I. Revisiting the Fed's 10-Year Interest Rate Policy, How Does Bitcoin's "Top" and "Bottom" Align? Over the past decade (approximately 2015-2025), the Federal Reserve has gone through a complete cycle of rate hikes, rate cuts, re-hikes, and pauses. Reviewing this history, we find a significant and intriguing correlation between Bitcoin's price turning points and the Federal Reserve's policy milestones, especially the market's anticipatory "pre-reaction" phenomenon. Starting with the conclusions: 1. Bitcoin's bull tops often lead the start or acceleration of rate hikes, with the market preemptively trading a tightening expectation. 2. Bitcoin's bear bottoms typically appear towards the late stage of rate hikes, during pause periods, or just before the start of a rate cut cycle. The market seeks bottoms when the most pessimistic or accommodative expectations emerge. 3. Quantitative Easing (QE) or rapid rate cuts such as "emergency easing" serve as significant catalysts for bull markets. Below is a comparison table of the Federal Reserve's major rate policy over the past decade and key Bitcoin price movements: This table clearly illustrates the "time gap" between key turning points in Bitcoin's price and the Federal Reserve's policy cycle. Whether in 2017 or 2021, the peaks of bull markets occurred either just before the "hammer" of rate hikes fell or at the peak of rate hike intensity. Bear market bottoms, on the other hand, often coincided with expectations shifting towards rate cuts. We are currently in a period of "pausing rate hikes" and "brief rate cuts," with the market awaiting the next clear directional signal—whether we will see another round of rate cuts, entering a phase of quantitative easing "liquidity injection." 2. Interest Rate Projection: Based on Three Institutional Forecast Scenarios Currently (April 2025), there is a significant market divergence regarding the Federal Reserve's next move. Drawing on the recent views of several mainstream research institutions, we have summarized three possible scenarios: 1. Worst Case: Facing Rate Hike Risks in 2025-2026 · J.P. Morgan (March Early Report View): While predicting a rate cut, it also clearly points out that if unexpected strong employment and inflation data emerge, the possibility of discussing a rate hike within the year cannot be ruled out. · LSEG (London Stock Exchange Group, Early April Report View): Emphasizing the rising risk of "stagflation" and inflation stickiness, it believes that there are very compelling reasons to support an "extended policy pause period." Tariff policies, geopolitical risks for inflation's potential upside, all of these factors could compel the Federal Reserve to maintain tightening, potentially leading to a high-interest rate environment throughout the year, with ongoing market liquidity pressure. 2. Base Case: Rate Cut Initiation in the Second Half, Twice in the Year · J.P. Morgan (March Early Report View): Predicts that the Federal Reserve will remain patient until June, then cut rates twice, with rates expected to reach 3.75%-4.00% by the end of Q3. · EY (Ernst Young, March Report View): Expects 2 rate cuts in 2025, in June and December, each cut by 25 basis points. · Federal Reserve March Meeting: Most officials still expect 2 rate cuts in 2025, with the annual rate dropping to 3.75% to 4%. These views suggest that despite sticky inflation, the overall trend is downward, and the economy and job market will gradually cool. The first half of the year sees market fluctuations while the second half opens the rate-cutting cycle. 3. Best Case: Rate Cut Initiation Mid-Year, Three or More Times in the Year · Morningstar (March 28th Report View): Predicts the first rate cut may occur in June, with a total of 3 cuts in 2025 (75 basis points), bringing the year-end rate to 3.50%-3.75%. · Polymarket: According to Polymarket data, the most popular scenario is for 3 rate cuts in the year (75 basis points), accounting for approximately 20%. Next are 4 cuts (100 basis points) and 5 cuts (125 basis points), at 18% and 13.3%, respectively, reflecting some market bets on an increasingly dovish path. The previously favored "only 2 cuts" scenario at the beginning of the year now has a support rate of around 13%. Overall, the market has generally reached a consensus on "at least 2 rate cuts in 2025," but there is still a significant divergence on whether a more aggressive easing cycle will occur, with expectations not yet anchored. These views suggest that if inflation declines faster than expected or the economy shows significant weakness, the Fed may implement three or more rate cuts in 2025. Three, Bitcoin Price Analysis: How Will Bitcoin's Price Trend Under Three Interest Rate Scenarios? Based on the above three plausible interest rate scenarios, we conducted an analysis of Bitcoin's future price trends: 1. Worst Case (Facing Rate Hike Risk in 2025-2026): Top Formed or Double Bottom, Bearish Sentiment Prevails · Price Trend Analysis: If the market confirms the existence of a rate hike risk, Bitcoin will likely face selling pressure in Q2 2025 and beyond. The previous high is likely the ultimate peak of this cycle. Market sentiment will turn bearish, possibly leading to a deep retracement, testing key support levels below, and even the possibility of a double bottom. · Cycle Peak Assessment: It can be reasonably certain that the peak has passed, and 2025 is likely in a continued downtrend or bottoming phase. 2. Base Case (Rate Cuts Start in the Second Half, Twice in the Year): Patient Consolidation, End-of-Year Surge Towards the Peak · Price Trend Analysis: During Q2-Q3, while awaiting clear signals of rate cuts, Bitcoin is likely to maintain a high-level wide-ranging consolidation. Market sentiment will fluctuate with data releases. Once rate cut expectations are confirmed at the end of Q3 or in Q4 and the first rate cut is implemented, it may trigger the final surge of the bull market. However, this is more likely a "last-minute" rally driven by sentiment and liquidity expectations. · Cycle Peak Assessment: Possibly in Q4 2025 or early 2026, in line with some predictions from the halving cycle model. It should be noted that when the rate cut news is priced in, the market may have fully priced it, or even experience a "sell the news" pullback. The real price peak may come when rate cut expectations are at their peak but not yet fully realized. 3. Best Case (Rate Cuts Start in Mid-Year, Three or More Times in the Year): Bull Market Acceleration, Early and Potentially Higher Peak · Price Trend Analysis: If an unexpected economic slowdown forces the Fed to cut rates early, it will greatly boost market risk appetite. Bitcoin is expected to quickly break out of consolidation, launch a strong offensive, and lead the entire crypto market into a frenzy. · Cycle Peak Assessment: Possibly as early as Q3 or early Q4 2025. Earlier arrival of liquidity easing may help push prices to higher levels, but the duration of the entire cycle will be shortened accordingly. Four, Conclusion The Fed's rate decisions remain the anchor of global asset pricing, especially for highly volatile assets like Bitcoin. Although the market has been joking about a "bear market," according to predictions from major institutions, we are currently at a crucial juncture of expectations. While reducing positions, perhaps a glimmer of hope can still be retained. Original Post Link
How bad would crypto bleed if Trump hits China with 50% tariff?
On Monday, U.S. President Donald Trump warned to apply an additional tariff of 50% on imports of Chinese products if the rival nation doesn’t withdraw the stated plan of imposing a retaliatory import tariff of 34% against the United States of America. As per the latest reports, Wall Street has experienced a major blow amid the ongoing tariff war. Moreover, top economists warn the nation of a potential block on the economic growth of the nation. Further, this could lead to a potential recession during the upcoming time. This analysis was made by the experts due to the structure of the tariffs. Ideally, the importers are liable to pay the tariffs, leading them to pass it to their consumers. This results in the price of the product rising to unnecessary highs and further increasing the possibility of a major market crash. Donald Trump Threatens China To Impose Higher Tariff! Through a post on the “Truth Social app,” Mr. Donald J Trump wrote that “Any country that plans to go against the U.S. by issuing additional Tariffs, will be considered as abusing of our Nation. This will result in them meeting with new and substantially higher Tariffs immediately, higher than the initial set.” 🇺🇸 TARIFFS: Trump claims If China doesn’t remove its 34% tariff by April 8, the US will hit China with an additional 50% tariff starting April 9. pic.twitter.com/kIDeMH1JS6 — Cointelegraph (@Cointelegraph) April 7, 2025 Furthermore, adding to that, he quotes, “If China does not withdraw its 34% increase above their already long-term trading abuses of tariffs by tomorrow which is 08th April 2025, the United States will impose “ADDITIONAL Tariffs” on Beijing of 50%, effective 09th April 2025.” On 2nd April, during Liberation Day, Trump imposed a 34% tariff on Chinese imports which is set to go into effect on 09th April. Notably, Beijing announced that it would add a 34% tariff on imports of all U.S. products beginning 10th April in order to retaliate from Trump’s tariff scheme. Larry Fink Predicts A Recession! Larry Fink, the Chief Operating Officer (CEO) of the giant BlackRock asset management firm has recently recorded a statement saying that “we are probably in a recession right now.” JUST IN: BlackRock CEO Larry Fink says "we are probably in a recession right now." — Watcher.Guru (@WatcherGuru) April 7, 2025 This raises serious alarms as the U.S. stock market has wiped off Trillions from its valuation since the Trump tariff has kickstarted. Notably, if a solution is not rolled out soon, this could not only pull the valuation of the wallstreet, but the world market could be impacted negatively at a great level. Follow The Crypto Times on Google News to Stay Updated!
Global Stock Markets Face Worst 3-Day Performance in 50 Years, Can the Crypto Market Hold Up?
Just one week after U.S. President Trump signed the executive order on "reciprocal tariffs," the U.S. stock market experienced a two-day crash, with a market value loss of about $6.6 trillion. Despite Trump's "tariff" turmoil washing over the global markets, he seems unconcerned and instead went to his private club in Florida to vacation and play golf. On his way back from Florida to Washington on April 6, aboard Air Force One, Trump gave a media interview about the global market turmoil caused by last week's stock market crash. His view on the current market plunge was, "Sometimes you have to take medicine to solve a problem." After Trump made the "take medicine" remark, Nasdaq 100 futures continued to decline, dropping over 6%. Can taking medicine really solve the problem? Stock Market Circuit Breaker, Crypto Crash Following Trump's "take medicine" remark, global stock markets and the cryptocurrency market entered a waterfall crash mode. The cryptocurrency market took a heavy blow this morning, with Bitcoin falling below $78,000, a 6.89% drop in 24 hours. Ethereum fell below $1,600, a 13.19% drop in 24 hours. SOL dropped below $110, a 11.94% drop in 24 hours. According to Alternative data, today's crypto fear and greed index dropped to 23, compared to the weekly average and yesterday's both at 34, indicating the market sentiment is in a state of "extreme fear." In the past 24 hours, a total of 290,000 users globally have been liquidated, with a total liquidation amount of $893 million, of which long positions account for $762 million. The Nikkei Futures Index opened for trading for 10 minutes, and the Nikkei average index plummeted by over 8%, dropping more than 2,500 points, breaking through the key level of 32,000 points. An announcement on the Japan Exchange Group website stated that the TOPIX futures circuit breaker was triggered at 08:45:31 Japan time and was restored at 08:55:41. This is the first time since August 5 last year that the index has fallen by more than 2,500 points, when concerns about the U.S. economy led to a single-day stock market plunge of more than 4,000 points, dubbed the "Reiwa Black Monday." The Korea Composite Stock Price Index (KOSPI) reported 2,357.28 points at 9:02 am local time, a sharp drop of 108.14 points, representing a 4.39% decline from the previous trading day. KOSPI also activated the sidecar mechanism, suspending trading for 10 minutes. European stock index futures continued last week's declines, with EURO STOXX 50 index futures dropping by 4.3%, Germany's DAX index futures falling by 5.0%, and the UK's FTSE 100 index futures declining by 4.1%. After the Taiwan Stock Exchange opened, a circuit breaker was triggered, with TSMC and Foxconn both dropping by nearly 10%, and the Taiwan Weighted Index falling by close to 10%. According to The Kobeissi Letter, the U.S. stock market lost $11.1 trillion in value over 44 trading days, roughly equivalent to 38% of the U.S. GDP. The S&P 500 futures extended their losses to -4.5%, with a cumulative drop of -15% over the past three days. Due to the U.S. stock market futures declining by over -15% for three consecutive days, brokerages issued a circuit breaker warning yesterday. The Chicago Mercantile Exchange has circuit breakers set at 7%, 13%, and 20%. A 7% or 13% circuit breaker would trigger a 15-minute trading halt; if the level reaches 20%, the market would close for the day. According to the Daily Mail, hedge funds are facing Lehman-style margin calls due to the market collapse triggered by President Trump's tariff measures. Note: Lehman-style margin calls refer to an extreme scenario where a market experiences a sharp decline, investors or institutions face significant losses due to high leverage, and brokerages or clearinghouses demand additional margin. However, because of illiquidity or panic, investors are unable to raise funds, ultimately leading to forced liquidation or bankruptcy. This situation could potentially trigger broader systemic risks, similar to the "domino effect" seen during the Lehman Brothers bankruptcy. Some professionals have pointed out that Nasdaq 100 index futures are down 6.07%, and S&P 500 index futures are down 5.97%. If this situation is accurate, it will be the worst three days for the market performance since "Black Monday" in 1987, even worse than during the COVID-19 pandemic. Beginning of a Bear Market or Bottoming Out? Just as the week has begun, the market has delivered a shock to the world, and several key meetings this week will serve as a turning point for the market. Among them, the "reciprocal tariffs" measures may start on April 10, the Federal Reserve's March monetary policy meeting minutes will be released on April 10, March PPI inflation data and University of Michigan consumer sentiment data on April 11. Treasury Secretary Benson stated, "My current advice to every country is not to retaliate, not to take action, observe the situation, and see how things develop. Because if you retaliate, the situation will escalate. If you don't retaliate, then the current situation is capped." The countries depicted on the "reciprocal tariffs" sign have split into two camps over the past week: those bowing to the U.S. and adopting a wait-and-see approach, and those strongly retaliating. Currently, Vietnam, Argentina, and Israel have eliminated all tariffs on the U.S., India intends to impose nearly zero tariffs on the U.S., while Mexico, Japan, and the UK do not plan to impose U.S. tariffs. Singapore Prime Minister Lee Hsien Loong delivered a speech on April 4, stating, "This marks a significant shift in the global order. The rules-based globalisation and free trade era has ended, and we are now entering a new age, a more dangerous phase of rising protectionism. The calm and stability of the global economy that we are familiar with will not return quickly." On the other hand, China has become the world's first country to retaliate with "tit-for-tat tariffs," announcing a 34% retaliatory tariff against the United States. President Trump, on his social media platform "Trust Social," stated that China made the wrong decision in this matter. The European Union is also preparing to vote on April 9 on how to impose retaliatory tariffs on certain U.S. products. European Trade Commissioner Phil Hogan, after meeting with U.S. officials, stated that the EU is willing to negotiate but is also prepared to defend its own interests. However, BitMEX's co-founder Arthur Hayes is quite optimistic about this. He believes that volatility is back and says it will be an interesting week. He also mentioned that the Bond Volatility Index, "MOVE Index," is deeply related to when the Federal Reserve will back off and start up the printing press. "The higher this index rises, the more likely institutions trading leveraged government or corporate bonds are to be forced to sell due to increased margin requirements, and these are precisely the two markets where the Fed will fight tooth and nail to support. When MOVE breaks above 140 (currently at 127), it will be an opportunity for the market to get rich after the market crash and the Fed's liquidity injection." On April 7, Donald Trump Jr., serving as a strategic advisor, made a prediction through the prediction market Kalshi that the likelihood of a U.S. economic recession by 2025 has surged to 68%, reaching the highest level in months. J.P. Morgan Chase also seems to share the same concerns, according to Watcherguru's report, J.P. Morgan is calling on the Federal Reserve to cut interest rates before the next meeting. Meanwhile, some traders believe that this crisis may also be an opportunity. Top trader Eugene Ng Ah Sio expressed in his personal channel, "This downturn is not only in the cryptocurrency market but also an unprecedented turbulence in the entire stock market. I vaguely feel that, as long as the response is appropriate, when this storm passes, perhaps it can create enough wealth to change destinies. But for now, survival is key." Founder of Formula News, Vida, believes that "the current U.S. stock market is similar to 2022, where it overprices an expectation that is not actually as serious. This round of U.S. stock market correction is similar to 2018, 2022, occurring periodically (every 2-3 years), rather than a financial crisis like 2008, 2020 (every 10 years)." He predicts that the market's turning point will occur in Q1 2026, and during this period, he will gradually begin buying shares of his favorite U.S. tech companies. If there is another major market plunge during this period, he will accelerate his buying pace. However, the true market trend still needs to be validated over time. Nevertheless, we have entered a phase where conservative investment is necessary. Sometimes we may have to swallow "this pill," but what every investor must learn is how to navigate the risk after swallowing the pill.
$109,000,000,000 in US Gold Reserves Now in Question as German Officials Demand to Count Bullion Bars At New York Fed: Report
Germany is storing over $109 billion worth of gold in the New York Federal Reserve’s vaults, but some officials in the country are beginning to call for less trust and more verification. Michael Jäger of the European Taxpayers’ Association – a federation of 29 national taxpayers associations throughout Europe – is urging Germany to immediately obtain its gold from the USA amid tention between the White House and the US, Bild reports . Says Jäger, “The Bundesbank and the German government must demonstrate foresight in this phase of global power shifts and immediately retrieve German gold from the USA. Especially at a time when Berlin and Brussels are discussing immense new debt, we need immediate access to all gold reserves in an emergency.” Jäger says that at a minimum, Germany should at least be able to “physically inspect” the gold bars. European Member of Parliament Markus Ferber echoes Jäger’s sentiments, telling Bild: “I demand regular checks of Germany’s gold reserves. Official representatives of the Bundesbank must personally count the bars and document their results.” Meanwhile, lawmaker Marco Wanderwitz says Germany’s CDU (Christian Democratic Union) is advocating that Germany needs to “either check regularly or retrieve the gold.” The Germans’ calls for inspecting the gold reserves comes as Elon Musk, tech billionaire and close aid of President Trump, is suggesting that an audit of Fort Knox in Kentucky be “livestreamed.” The last time Fort Knox was audited was in September of 1974. In a statement to Bild, a spokseperson for Germany’s Bundesbank quoted and reiterated a Feburary statement from the bank’s President, Joachim Nagel. “We have (…) absolutely no doubt that with the Fed in New York we have a trustworthy, reliable partner in the storage of our gold reserves.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney
Illinois State Senator Mark Walter’s Crypto Fraud Bill Advances
Last updated: April 4, 2025 15:19 EDT Key Takeaways: The Digital Assets and Consumer Protection Act (Senate Bill 1797) would grant the Illinois Department of Financial and Professional Regulation authority to establish crypto guidelines. After passing the Illinois Senate Executive Committee, the bill now heads to the full Senate, with potential progression to the House and Governor’s approval. The bill emerges in the midst of a national debate on crypto regulations, with Trump’s administration favoring a pro-crypto stance while critics warn of consumer risks. Illinois State Senator Mark Walker’s (D-Arlington Heights) bill aimed at tackling digital asset fraud passed through the Illinois Senate Executive Committee on April 4, highlighting the state’s increased efforts to crack down on crypto crime. Illinois Senate Crypto Bill Passes Through Key Committee Launched by Walker in February, The Digital Assets and Consumer Protection Act – a.k.a. Senate Bill 1797 – would allow the Illinois Department of Financial and Professional Regulation to manage and set crypto guidelines within the state. Under the provision, Illinois players in the crypto space would be “required to register, provide disclosures and demonstrate the fitness to satisfy payouts” to their customers. Additionally, the bill would mandate affected crypto companies to notify customers of charges and transfers of digital assets while building on programs to reduce consumer fraud. “The rise of digital assets has opened the door for financial opportunity, but also for bankruptcy, fraud and deceptive practices,” said Walker (D-Arlington Heights). “We must set standards for those who have evolved in the crypto business to ensure they are credible, honest actors,” he added. States Move To Address Crypto Legislation Now that the Digital Assets and Consumer Protection Act has advanced through the Illinois Senate Executive Committee, the Illinois State Senate at large will be able to vote on the bill. Should Walker’s proposed legislation advance past that, it would go through the state’s House of Representatives before ultimately heading to Illinois Governor J.B. Pritzker’s desk. Senator Mark Walker is taking firm action against cryptocurrency fraud in Illinois. His efforts aim to protect consumers and promote a safer digital trading environment. It's crucial to ensure transparency and security in the evolving crypto space. — the kimcheeziest (@kimcheeziest) April 4, 2025 Illinois’ latest crypto-focused bill comes as state legislatures rapidly move to address digital asset policies duringU.S. President Donald Trump’s crypto-friendly administration. Donald Trump’s Crypto Stance Trump, who has been affiliated with several recent projects in the Web3 space, has promised to instill a pro-crypto regulatory framework across the United States. However, critics argue that his market-friendly approach may open the door to potential fraud and consumer risks. Should Illinois adopt Walker’s bill, it could serve as the state’s safeguard against illicit actors in the blockchain industry.
Sei Investments increases 39% stake in MicroStrategy
Sei Investments Co. has increased its holdings in MicroStrategy Incorporated by 39.3% during the fourth quarter. The firm added 3,376 shares, bringing its total to 11,972 shares, valued at approximately $3.47 million as of the filing. At the same time, analysts have had a lot to say about MicroStrategy. Some are feeling confident, while others are not so sure. Barclays dropped its price target for the stock from $515 to $421, but still called it “overweight,” which usually means they think it’s still worth buying. According to Marketbeat , Compass Point upgraded the stock to a “strong-buy.” Bernstein is sticking with its “outperform” label and set a $600 price target. Cantor Fitzgerald also raised their target, bumping it from $613 to $619. On the other hand, Monness Crespi & Hardt wasn’t impressed—they gave it a “sell” rating and a $220 target. The stock has mixed ratings overall, with nine analysts saying “buy,” one saying “strong buy,” and one saying “sell.” According to MarketBeat.com, the average rating is “Moderate Buy,” with a target price of $508.09. There’s been some action from the company officials, too.CFO Andrew Kang purchased 1,500 shares on March 20 at $85 per share, totaling $127,500. Meanwhile, Director Leslie J. Rechan sold 15,000 shares for over $5 million on March 25, reducing their position by more than 75%. SEC filings indicate insiders acquired 8,000 shares and sold nearly 23,000 in the last 90 days. In total, insiders bought 8,000 shares in the last three months and sold nearly 23,000 in the last 90 days. Even with those moves, insiders still own about 9.16% of the company. Follow The Crypto Times on Google News to Stay Updated!
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Riot Platforms (RIOT) reported strong operational performance in March 2025, highlighted by continued expansion into the artificial intelligence (AI) and high-performance computing (HPC) sector. The company's bitcoin (BTC) production last month rose to 533 BTC, the most since the reward halving almost a year ago. The figure represents a month-on-month increase of 13% and 25% more than a year before. Bitcoin holdings grew to 19,223 BTC. Riot said it plans to "aggressively pursue" development of its Corsicana facility to capitalize on rising demand for compute infrastructure used in AI and HPC. A recently completed feasibility study by industry consultant Altman Solon confirmed the significant potential of the site to support up to 600 megawatts of additional capacity for AI/HPC applications. Key advantages include 1.0 gigawatt of secured power, 400 MW of which is already operational, 265 acres of land with substantial development potential and close proximity to Dallas — a major hub for AI and cloud computing. The study noted the site’s ability to support both inference and cloud-based workloads, strengthening its appeal to AI/HPC tenants. Riot maintained a steady deployed hash rate of 33.7 EH/s, while its average operating hash rate grew 3% month-over-month to 30.3 EH/s—representing a 254% increase year-over-year. Although power credits declined due to seasonal factors, Riot kept its all-in power cost low at 3.8 cents per kWh, and improved fleet efficiency to 21.0 J/TH, a 22% improvement from the previous year. Riot’s shares fell 5.5% Friday, while the Nasdaq 100 index dropped 2.8%. They have lost 35% year-to-date. Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
Trump Pushes Tariffs, Cramer Warns of Economic Backlash
Trump said the country will boom after his tariff move sent stocks into sharp decline Crypto stayed strong with Bitcoin dominance rising and stablecoins leading activity Cramer called the tariff rollout weak and said it hit markets hard with no clear plan The global economy felt fresh tremors after President Donald Trump unveiled sweeping import tariffs, triggering Wall Street’s sharpest slump since the pandemic. While markets reeled from the policy shock, Trump remained defiant. “I think it’s going very well,” he said, departing the White House for Florida. “The markets are going to boom, the stock is going to boom, the country is going to boom.” I think it’s going very well—The MARKETS are going to BOOM… Donald Trump Truth Social 4/03/25 03:17 PM pic.twitter.com/fA5nnwiAyH — Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 3, 2025 Crypto Market Resilient as Trading Volume Dips Sharply Despite growing financial tension, the global cryptocurrency market displayed moderate resilience. As of April 4, CoinMarketCap reported a total crypto market capitalization of $2.69 trillion, reflecting a 0.69% daily increase. However, trading activity dropped significantly, with a 30.15% plunge in 24-hour volume to $91.07 billion. Bitcoin remained the leading cryptocurrency at 62.14% with a slight increase of 0.07%. As for stablecoins, an even more stupendous share of 95.37% of total crypto trading by volume was reflected as $86.85 billion. The decentralized finance (DeFi) sector reported a $5.92 billion volume contribution, which constituted 6.50% of the total volume traded in the last 24 hours. Cryptocurrency remained defiant when stock markets plunged. The Dow Jones Industrial Average fell 1,600 points, its greatest one-day fall since the pandemic. Tariff Policy Draws Fierce Response as Trump Calls It “Liberation Day” The new tariffs put a minimum levy of 10% on imports, whereas high rates are levied on certain nations like China and members of the European Union. This aggressive measure saw widespread backlash from analysts and participants in the market, who reacted immediately to the downturn. However, the fallout was immediate and severe. CNBC’s Jim Cramer, a critic of free trade, voiced his dismay. “I feel like a sucker,” he said during an interview with CNN’s Erin Burnett. Related: Trump’s Tax Cuts and Tariffs: What’s Next for the Economy? Cramer Slams Execution Cramer had earlier supported reciprocal tariff strategies in principle, yet he rejected the administration’s execution as flawed. “I was hoping it was a coordinated thing,” he said. “Instead of a car where we’re only making you pay 2-1/2 and you’re not letting us in, we try to get things better.” Further, Cramer stated that the move was bush league and warned that the shock lacked any constructive follow-up for American markets. Consequently, the fallout from Trump’s “Liberation Day” tariffs set off not just market losses, but also a wider debate. As the global financial order adjusts, one question remains: Will Trump’s bullish forecast prove right, or has he lit the fuse for prolonged market unrest? The post Trump Pushes Tariffs, Cramer Warns of Economic Backlash appeared first on Cryptotale.
Watr Partners with Avalanche to Bring $20T Commodities Market Onchain
Watr’s goal is to make this pioneering sector more accessible to the advantages and advances that Web3 has to offer. The Watr blockchain ecosystem is the only one that was developed specifically for the $20 trillion global commodities sector. Watr , the blockchain infrastructure that was purpose-built for the $20 trillion global commodities sector, made the announcement today that it has partnered with Avalanche and will be migrating to an Avalanche Layer 1 (L1). Bringing the global commodities trade and finance, which includes metals, minerals, food, and fuel, into a onchain environment that is designed for liquidity, scale, and adoption is the primary objective of this strategic initiative. In spite of its enormous scale, the global commodities sector continues to be hampered by legacy structures, which restricts liquidity, access, and profitability. Watr’s goal is to make this pioneering sector more accessible to the advantages and advances that Web3 has to offer by integrating decentralized identity, traceability, and composable smart contracts. In addition to Maryam Ayati, who was the first person to oversee global origination and investment at Shell Trading, Watr was founded by individuals who had previously held leadership positions at Shell, BP, and J.P. Morgan. Ayati has been recognized by the World Energy Council as one of the most significant women in the energy industry. She has been the driving force behind Watr’s ambition to digitize the infrastructure of commodities finance and trade. John Nahas, Chief Business Officer at Ava Labs stated: “Despite being a $20 trillion industry, real-world assets like commodities have barely scratched the surface of onchain adoption. Avalanche is built for this exact moment—with sovereign chains, low latency, and institutional-grade performance. We’re proud to support Watr’s mission to enhance commodity markets by opening them to onchain structures and liquidity.” Why Avalanche Avalanche’s leading blockchain and growing developer ecosystem, which has previously been trusted by organizations such as JP Morgan, Citibank, and FEMA for key real-world blockchain applications, will be combined with Watr’s competitive advantage in the commodities market via this cooperation. Together, they will provide commodities market infrastructure that is interoperable, compliant, and capital-efficient. This infrastructure will be based on a scalable blockchain that is capable of meeting the expectations of corporate partners in the present day. It will cover everything from mines and farms to investments in global finance. Watr is able to establish customized blockchains for a variety of commodities and counterparties because to the adaptable Layer 1 architecture of Avalanche. This is accomplished while maintaining compliance and performance at an institutional scale. Maryam Ayati, Founder and President of Watr Foundation stated: “Established Web3 concepts such as DeFi, Decentralized Identity, and smart contracts can address fundamental constraints in commodity financing, compliance, and trade. Building with Avalanche allows us to leapfrog the development cycle and leverage its ecosystem’s size and security to decisively take on this opportunity.” The Watr Stack In order to provide end-to-end traceability of assets, WatrMrks are used to record the origin, certifications, and possession of the commodity during its whole existence. Every shipment, batch, or asset has a history that cannot be altered and is available to those who are allowed to see it. WatrMrks have been successfully tested and integrated in closed-loop scenarios with prominent mining and automotive businesses. They will soon be deployed on Watr L1 and the wider Avalanche ecosystem. WatrMrks have been successfully tested and effectively integrated. Within the commodities economy, WatrIDs constitute the introduction of decentralized identities for professionals, enterprises, and organizations all around the world. Access to apps that are part of the Watr ecosystem and beyond may be gained via the use of WatrIDs, which are trusted credentials that are portable and aligned with the standards of the W3C and the Key Event Receipt Infrastructure (KERI). NeoReserves, which was developed by Neo, the company that developed the Watr ecosystem, will facilitate the operation of liquidity pools for further commodity financing contracts. When it comes to commodities tech startups, VentureStream serves as both a launchpad and an investment center. It is responsible for driving an active developer community while also assisting in matching them with established market players. It is intended for these components to collaborate with one another: WatrMrks are responsible for ensuring compliance and provenance, WatrIDs facilitate trust, and NeoReserves are responsible for unlocking verified capital and novel contractual structures. Collectively, they provide the fundamental elements of an ecosystem for programmable commodities, whereas VentureStream is responsible for fostering open innovation and facilitating increased adoption among entrepreneurs. The Watr blockchain ecosystem is the only one that was developed specifically for the $20 trillion global commodities sector. From extraction to consumption, Watr integrates traceability (WatrMrks), decentralized identity (WatrIDs), asset tokenization, and smart contract-based financing to offer flexibility, compliance, and fresh liquidity to global economy. Watr is a blockchain-based platform that brings together these elements. Watr is reinventing the way in which the lifelines of the global economy flow. It was founded by pioneers from both the Web3 economy and the commodities industry. The Avalanche blockchain platform is a lightning-fast and low-latency blockchain that was developed specifically for developers that want great performance at scale. The design of the network makes it possible to create public and private layer 1 (L1) blockchains that are autonomous, efficient, and completely interoperable. These blockchains make use of the Avalanche Consensus Mechanism in order to achieve high throughput and near-instantaneous transaction finality. Avalanche is the ideal enviroment for a future that will include a composable multi-chain because of the simplicity and speed with which an L1 may be launched, as well as the extensive range of architectural customization options. Avalanche provides a quick and inexpensive environment for the development of decentralized apps (dApps), which is supported by a worldwide community of developers and validators. The platform of choice for innovators who are pushing the frontiers of blockchain technology is Avalanche because of the mix of speed, flexibility, and scalability that it offers.
Trump Family Own 60% Stake in World Liberty Fi: Reuters
The Trump family’s grip over World Liberty Financial (WLF) has finally been publicly revealed with latest reports noting that Donald Trump and his family own at least 60% stake in the firm via a separate holding company. World Liberty Financial, the decentralized finance (DeFi) platform, has been initially announced and endorsed by the U.S. president Donald Trump’s older son Eric Trump. The firm has till date purchased a number of crypto assets and it has been continually seen in headlines since the past few months. According to a latest Reuters report published on Monday, co-founders Zak Folkman and Chase Herro have been removed as the “controlling parties” of the platform while new leadership remains undisclosed. The report further revealed that the firm DT Marks DEFI LLC – an entity affiliated with Donald J. Trump and his family members – own approximately 60% of the equity interests in WLF Holdco LLC, which holds the only membership interest in World Liberty Financial Inc. The registered firm World Liberty Fi Inc is a Delaware non-stock corporation which is developing the WLF protocol and operates the WLF governance platform. Although ownership of the remaining 40% stake also remains undisclosed. “Overall, the Trump family now has a claim on 75% of net revenues from token sales and 60% from World Liberty operations once the core business gets going,” says the Reuter report, adding “the arrangement means the Trump family is currently entitled to about $400 million in fees. After World Liberty’s co-founders take their cut, the crypto venture will be left with 5% of the $550 million raised to date to build the platform, according to Reuters calculations.” Since its announcement in October, Donald Trump has been named World Liberty’s “chief crypto advocate,” while Eric and Donald Jr. have been designated as “Web3 ambassadors.” Eric Trump also serves as a board manager of WLF Holdco LLC meanwhile Donald Trump’s youngest Son Barron Trump was listed as the platform’s “chief DeFi visionary.” Other key figures associated with World Liberty Fi include Zach Witkoff, son of former Trump Middle East envoy Steven Witkoff, and Rich Teo, co-founder of blockchain infrastructure firm Paxos. Follow The Crypto Times on Google News to Stay Updated!
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