Month: April 2025

Trade wars could spur governments to embrace Web3 โ€” Truebit

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Escalating trade wars are rattling cryptocurrency markets โ€” but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph.  On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures. Trump later paused the tariff rollout for certain countries โ€” but the possibility of a global trade war still looms, especially after Trump reiterated his commitment to taxing Chinese goods. If high tariffs materialize, blockchain technology can play an important role in ensuring governments apply themโ€ฆ

Cardano Could Drop To $0.54 If This Support Gives Out, Analyst Says

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An analyst has explained how Cardano is retesting the support line of a technical analysis (TA) pattern, losing which could spell a bearish outcome for the coin. Cardano Is Currently Trading Inside A Descending Channel In a new post on X, analyst Ali Martinez has talked about a pattern forming in the 3-day price of Cardano. The pattern in question is the Descending Channel from TA, which occurs when an asset observes consolidation toward a net downside between two parallel trendlines. The top line tracks successive lower highs in theโ€ฆ

Bitcoin Price Hovers at $85K as Fedโ€™s Waller Suggests โ€˜Bad Newsโ€™ Rate Cuts if Tariffs Resume

Bitcoin (BTC) drifted ever so gently upwards Monday as the broader market adjusts favorably to trade-related news. The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period of time to $1,630. The broad-market CoinDesk 20 Index โ€” consisted of the top 20 cryptocurrencies by market capitalization except for stablecoins, memecoins and exchange coins โ€” advanced 1.2%, led by gains in SOL and AVAX. After a couple of wild weeks, the stock marketโ€ฆ

U.S. stocks climb, Bitcoin holds gains as Trump softens tariff stance

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Major U.S. stock indices ended Monday in positive territory, while Bitcoin reclaimed the $85,000 level and is now up 7% over the past week. Investor sentiment improved after President Donald Trump announced exemptions on smartphones, computers, and other components from his โ€œreciprocalโ€ tariffs. Apple (AAPL) shares gained after analysts at KeyBanc Capital Markets upgraded the stock from Underweight to Sector Weight, citing optimism tied to the tariff exemption. The research firm noted that the worst-case tariff scenario is off the table โ€“ at least for now. โ€œWeโ€™ve taken some dryโ€ฆ

Binance Flags Dangerous Mantraโ€™s OM Volatility With Leverage Cut Months Before Crash

OM tokenโ€™s sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity. OM Token Plunge Triggers Binance Alert With Cross-Exchange Liquidation Fallout Crypto exchange Binance responded to the sharp price drop in OM, the native token of Mantra, in a series of posts [โ€ฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal

Anchorage Digital faces scrutiny from US Homeland Security โ€” Report

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The US Department of Homeland Securityโ€™s El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm.  According to an April 14 Barronโ€™s report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies. Citing unidentified sources, the report claims the probe looks at potential financial crimes within Anchorage.  The reported Homeland task force probe hints at cross-national financial activities. Established in 1992, the El Dorado Task Force focuses on โ€œtransnationalโ€ฆ

Ethereum Price Threatened With Sharp Drop To $1,400, Hereโ€™s Why

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artรญculo tambiรฉn estรก disponible en espaรฑol. Ethereum might be on track to facing renewed pressure, according to an interesting technical outlook. Despite short bursts of recovery attempts, the broader market structure is still trying toโ€ฆ

Bitcoin price targets new all-time high in emerging Shark Harmonic setup

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Harmonic patterns are advanced trading structures that rely on Fibonacci levels and geometric price formations. Among these, the Shark Harmonic is a powerful setup that often appears after a period of market consolidation. Despite being classified as a bearish pattern, the Shark can offer bullish expansion opportunities before the final leg plays out. In Bitcoinโ€™s case, this exact scenario seems to be unfolding. Bitcoin (BTC) is currently trading within a structure that resembles a bearish Shark Harmonic. This means that before the final leg (leg D) completes, the price couldโ€ฆ

$5,431,983,000 Disappears As RWA Altcoin Drops 90% in Mere Hours โ€“ CEO Alleges Exchanges Acted โ€˜Recklesslyโ€™

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The CEO of a real-world asset (RWA)-focused crypto project is alleging that centralized exchanges may have played a role in the sudden collapse of the projectโ€™s native token. The market cap for top RWA project MANTRA (OM) plummeted by $5.431 billion on Sunday โ€“ declining from over $6.11 billion to $683.3 million in a matter of hours. Mantra CEO JP Mullin alleges on the social media platform X that the crash was caused by unnamed exchanges seemingly working against the coin by needlessly closing large positions during low-liquidity hours. โ€œWeโ€ฆ