Arthur Hayes, co-founder and former CEO of the cryptocurrency exchange Bitmex, expressed his support for tariffs in a recent social media post, stating that they can help correct global imbalances and benefit bitcoin ( BTC) and gold in the medium term. Hayes noted that the weakening U.S. dollar, driven by foreign investors selling U.S. tech […] Original
Key Notes Hayes believes tariffs could lead to a drop in the US Dollar Index (DXY) and push Chinese investors toward Bitcoin. Despite the Nasdaq plunging 6% and the S&P 500 falling 5% following the tariff announcement, Bitcoin has remained relatively resilient. Altcoins have also shown reduced selling pressure compared to earlier in the week. Amid the major crypto market turmoil caused by Trump’s reciprocal tariffs this week, BitMEX co-founder Arthur Hayes explained that despite the short-term pain, tariffs would prove to be good for a Bitcoin BTC $84 224…
An individual wanted by Interpol, lost $50 million in a kidnapping that involved drugs, fake police officers, and a daring escape in Brazil. Rodrigo Perez was kidnapped on March 24 by fake police officers who kept him drugged and handcuffed to a bed for five days. Fake Police Officers Kidnap Alleged Scammer in Brazil, Stealing […] Source CryptoX Portal
Trump’s new tariff policy is poised to disrupt the U.S. Bitcoin mining industry, as China—the world’s biggest supplier of mining equipment—faces a steep 34% export tariff, putting pressure on American miners’ ROI. On April 2, Trump signed a sweeping executive order to impose reciprocal tariffs on every country that has tariffs on U.S. goods. The base tariff rate was set at 10%, with implementation slated for April 5. Some nations were hit with much higher rates, with Thailand and Malaysia facing 36% and 24% tariffs respectively, beginning April 9. Source:…
While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it’s being treated more like a high-beta tech stock. Despite numerous opinion leaders, including Federal Reserve Chair Jerome Powell, describing Bitcoin (BTC) as a safe haven asset and a potential alternative to gold, its recent price behavior has led some to compare it to tech stocks, analysts at Swiss crypto bank Sygnum suggested in a recent market outlook report. However, Bitcoin’s price is primarily driven by its perception as a store-of-value asset,…
Key Notes ADA is trading near $0.65, after breaking below the support recently. Analyst Jonathan Carter warns of a further dip to $0.59 if $0.65 fails to hold. A rebound from support could set the stage for a rally toward the $1 mark. Cardano ADA $0.66 24h volatility: 1.0% Market cap: $23.67 B Vol. 24h: $793.46 M is trading near its key support zone around $0.65, posting a 0.5% gain in the past 24 hours. The cryptocurrency has lost about 30% of its value over the past month. Notably, since…
Key Notes Coinbase’s XRP futures launch follows Bitnomial’s introduction of the first CFTC-regulated XRP futures in the US last month. XRP futures are already available on major global exchanges such as Binance, OKX, Bybit, and BitMEX, highlighting growing institutional interest in the asset. XRP has declined 8.53% in the past week, trading at $2.05 with a 30% drop in daily trading volumes. On April 3, crypto exchange Coinbase submitted its filing for XRP futures to the US Commodity Futures Trading Commission (CFTC). The crypto exchange believes that the futures product will…
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 artículo también está disponible en español. Amid the market retrace, Aptos (APT) has seen an 8% decline in the past 24 hours, falling below a key support zone for the second time this week. Despite…
Opinion by: Merav Ozair, PhD Tech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will claim our jobs and act as our autonomous assistants performing on our behalf in our professional and personal lives. Whether these scenarios happen in a few years or are decades away, we will most likely evolve into that future in some manner, and technology, once again, will reshape our lives. Without the support of blockchain technology, however, it…
Solana’s SOL token is poised for a potential price swing of almost 6% after some large investors, or whales, dumped their holdings ahead of the U.S. non-farm payroll (NFP) report due later Friday. This estimate comes from Volmex’s one-day implied volatility index (IV) for SOL. At press time, the index showed a one-day reading annualized at 109.70%, indicating an expected 24-hour price volatility of 5.74%. (The daily figure is derived by dividing the annualized volatility by the square root of 365, the number of trading days in a year.) A…