Trump ‘Liberation Day’ tariffs create chaos in markets, recession concerns
US President Donald Trump introduced a slew of tariffs on April 2, sending markets into a tailspin and dividing crypto observers as to their possible long-term effects. At a special event at the White House, Trump signed an executive order and claimed emergency powers, leveling reciprocal tariffs at every country that has a tariff on […]
CEX listings outperform Nasdaq and Dow IPOs with 80% average returns
Cryptocurrency listings have outperformed the average of traditional stock listings, despite recent community criticism regarding the manipulation potential of token listings on centralized exchanges. Token listing procedures on centralized cryptocurrency exchanges (CEXs) drew significant controversy after Changpeng “CZ” Zhao, co-founder and former CEO of Binance, called the process flawed after disappointing performances of some token […]
Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity
Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin. The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent. Market marker Wintermute transferred over 75 million FDUSD tokens back to First […]
US sanctions 8 crypto wallets tied to Garantex, Houthis
The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Houthis. The United States Office of Foreign Assets Control (OFAC) sanctioned eight crypto addresses that data from blockchain forensic firms Chainalysis and TRM Labs had linked to the organizations. Two are deposit addresses at major crypto platforms, while […]
Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook
Bitcoin (BTC) faces “very high risk” conditions from US trade tariffs, which could spark a slump to $71,000. In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, warned about the impact of “higher than expected” US trade tariffs. ”Higher than expected” US tariffs pressure Bitcoin Bitcoin reacted […]
Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake
Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity efforts. Zhao donated 1,000 BNB (BNB) tokens worth almost $600,000 to the disaster relief funds for the region on March […]
Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves
Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946, was introduced to the state’s House by Republican Representative Bernie Perryman on April 1, following an identical bill introduced on […]
Bitcoin gets $71K target as tariffs deal rare US business outlook slump
Bitcoin (BTC) faces conditions similar to the 2022 bear market bottom as US business sees “very high risk” to come. In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, queried when the US would start printing money. ”Higher than expected” US tariffs pressure Bitcoin Bitcoin reacted noticeably […]
Treasure DAO announces huge pivot in hopes of extending runway to February
Decentralized video game ecosystem Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026. Treasure DAO’s chief contributor John Patten says in an April 2 video posted to X that he has resumed a leadership role and is taking a plan to the DAO to streamline […]
Did ChatGPT come up with Trump’s tariff rate formula?
There’s a crazy theory on social media that US President Donald Trump’s newly announced reciprocal tariff plan — which hits all countries with a minimum 10% tariff — could have been designed by an artificial intelligence chatbot. Only a short period after Trump announced the tariffs at the White House Rose Garden on April 2, […]