Day: April 8, 2025

$2T fake tariff news pump shows ‘market is ready to ape’

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Recent fake news that US President Donald Trump was considering a 90-day pause in tariffs shows the potential for a strong market rebound should a real one take place, according to observers.  A fake news post on X on April 7 from the verified “Walter Bloomberg” account claimed that the White House was considering a 90-day pause on tariffs following an interview with Kevin Hassett, one of Donald Trump’s economic advisers.  “Hassett: Trump is considering a 90-day pause in tariffs for all countries except China,” read the now-deleted post from…

Long-Term Bitcoin Holders Are Moving Coins—Further Sell-Off Incoming?

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Bitcoin faced a notable sell pressure earlier today, with its price trading as low as $74,604. However, at the time of writing, the asset is seeing a quiet rebound with prices now hovering back above $79,000. Regardless of this slight uptick, the asset is still down by 3.1% in the past day and nearly 30% from its peak above $109,000 registered in January. According to CryptoQuant contributor IT Tech, a significant shift may be underway. Old Coins Starts To Move: Sell Off ahead? In a recent analysis titled “Massive spike…

Ethereum Price Rebound Stalls—Can It Reclaim the Lost Support?

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. Ethereum price failed to recover above $1,700 and dropped below $1,550. ETH is now correcting losses and might face resistance near the $1,620 zone. Ethereum failed to stay above…

Aussie regulator to shut 95 ‘hydra’ firms linked to crypto, romance scams

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Australia’s corporate watchdog has been given the nod to shut down 95 “hydra” companies that it suspects engaged in crypto investment and romance scams, known as “pig butchering.” The Australian Securities and Investments Commission’s application to wind up the companies was approved by the Federal Court of Australia on just and equitable grounds after ASIC found that most of the companies had been incorporated with false information. Many of these companies were set up purporting to provide “genuine services” but were instead believed to be scamming their victims, ASIC Deputy…

BlackRock CEO Larry Fink says market could drop another 20%

BlackRock chief executive officer Larry Fink says its likely the market’s reaction could still see another 20% dump. The BlackRock CEO’s comments come as the market crash sees stocks plummet for more than 30 days straight. Crypto has also suffered in the past few weeks, with Bitcoin (BTC) dipping below $80k to touch lows last seen in early November 2024. However, Fink, sharing his opinion during an interview with Bloomberg TV, believes the dip is for buying.  “I see it more as a buying opportunity than a selling opportunity, but…

Bitcoin Price Recovery In Play—But Major Hurdles Loom Large

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. Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below…

SEC crypto trading roundtable to include crypto giants Uniswap, Coinbase

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The US Securities and Exchange Commission has released the list of executives from US crypto and finance giants that will take part in a roundtable discussion on crypto trading regulation. On April 7, the regulator said its upcoming April 11 roundtable will discuss how it should handle crypto trading rules, calling it “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading.” It will be the second in a series of discussions on crypto, headed by its recently-formed Crypto Task Force. Taking part are Uniswap Labs chief legal…

Short-Term Holders Under Pressure as Bitcoin Slides—Capitulation Coming?

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Bitcoin has not been immune to the ongoing global tariff dispute, which has rippled across financial markets and placed pressure on equities and digital assets. Over the past two weeks, Bitcoin has dropped by more than 10%, slipping under $75,000 earlier today—a level last seen in November 2024. The pullback coincides with broader market volatility coming from rising geopolitical and economic uncertainty. Amid this ongoing price move, a crypto analyst has suggested that the behavior of short-term holders during episodes like this is crucial in assessing the extent of ongoing…

Tariffs Threaten Stability—Expert Discusses Bitcoin Surging From the Fallout

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As trade war chaos escalates and global financial systems fracture, one expert warns bitcoin could become a critical hedge amid rising instability and geopolitical fallout. Trade War Chaos Is Spreading: Expert Reveals How Bitcoin Could Benefit From the Breakdown Matthew Sigel, who leads digital asset research at investment management firm Vaneck, shared a detailed breakdown […] Original

Dimon warns tariffs may push U.S. toward recession, hits crypto slide

In his annual letter to shareholders, released today, JPMorgan Chase CEO Jamie Dimon expressed some concerns about the potential economic repercussions of President Donald Trump’s recent tariff implementations. Dimon warned that these tariffs could exacerbate inflation and impede economic growth, emphasizing the urgency of resolving trade uncertainties swiftly to prevent long-term damage to consumer confidence and corporate profitability. ​ “As for the short-term, we are likely to see inflationary outcomes, not only on imported goods but on domestic prices, as input costs rise and demand increases on domestic products,” Dimon…