Day: April 9, 2025

ADA Set To Crash To $0.4 After Correction To Liquidity Zone

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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 artículo también está disponible en español. Cardano (ADA) has found itself once again caught in a downward current as bearish sentiment grips the broader crypto market. The ADA/USDT pair on Binance is now painting a…

Goldman Sachs scraps recession forecast as Trump pauses tariffs

Goldman Sachs has reversed its recession forecast after President Donald Trump announced a 90-day pause on most of the administration’s new tariffs, calming markets rattled by trade war fears. Earlier Wednesday, Goldman analysts shifted to a recession baseline following the rollout of new country-specific tariffs. But after Trump’s announcement, the firm updated its outlook to a “non-recession baseline,” projecting modest GDP growth of 0.5% by Q4 2025 and three expected Fed rate cuts starting in June, according to CNBC reporting. Markets responded quickly. Bitcoin surged past $82,000, and the Nasdaq…

Ethereum Researcher Virgil Griffith released from prison

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Ethereum researcher Virgil Griffith was released from prison custody on April 9, the Bureau of Prison (BOP) officials confirmed to Cointelegraph. According to crypto developer Brantly Millegan, Griffith will remain in a halfway house for several weeks while waiting to complete the next steps in his parole process. Griffith was arrested in 2019 for giving a lecture about blockchain technology and its power to circumvent US sanctions to an audience in North Korea. Virgil Griffith pictured in the center with his parents immediately following his release from prison custody on…

AAVE soars 13% as buyback proposal passes among tokenholders

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Aave’s tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol’s governance token, AAVE, as part of a broader tokenomics overhaul, Aave said on April 9.  The proposal — which was approved by more than 99% of AAVE tokenholders — permits the protocol to purchase $4 million in AAVE (AAVE) tokens, enough for one month of buybacks.  The move is a “first step” toward a broader plan to repurchase $1 million AAVE tokens weekly for six months. It is also the latest instance of DeFi protocols implementing…

Bitcoin price soars to $83.5K — Have pro BTC traders turned bullish?

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US equities and crypto markets shifted dramatically on April 9 after  US President Donald Trump announced a 90-day pause on his reciprocal tariffs, except for China. Bitcoin (BTC) price responded by surging by 5% in less than an hour, reclaiming the $83,000 level which was last seen on April 6. While the S&P 500 gained 8%, Bitcoin derivative metrics have yet to turn bullish as traders remain cautious about changes in US long-term government bonds. Bitcoin 2-month futures annualized premium. Source: Laevitas.ch The BTC futures premium briefly rose above the…

Treasury Eyes Regulatory Reset to Ignite Blockchain and Payments

Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assets, igniting America’s fintech dominance worldwide. Regulatory Barriers on the Brink as Treasury Sparks Blockchain Shift U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to […] Source CryptoX Portal

US Dollar Index (DXY) falls close to level that was followed by 500%+ Bitcoin price rallies

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The Dollar Index (DXY) dipping below 100 has historically aligned with Bitcoin (BTC) bull runs, delivering gains of over 500% during the last two instances. Now, as trade tensions escalate and US Treasurys face sell-offs, some analysts believe China may be actively working to weaken the US dollar. This added pressure on the dollar heightens the likelihood that it could once again serve as a catalyst for another major Bitcoin rally.  Is China working to weaken the US dollar? According to an April 9 Reuters report, China’s central bank has…

Pro-Bitcoin Canadian Conservative Leader Pierre Poilievre Holds Massive Rally

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Former Prime Minister Stephen Harper was in attendance and officially endorsed Poilievre just three weeks before Canada chooses its next national leader. Thousands Pack Venue for Conservative Leader’s Landmark Rally The sleepy blue-collar city of Edmonton, capital of the Canadian province of Alberta, was the focal point of national attention on Monday after Pierre Poilievre […] Original

Ethereum May Be Headed To $1,200

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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 artículo también está disponible en español. Ethereum (ETH) has plunged 30% over the past two weeks, reflecting broader weakness across the crypto market as the global economy reels from escalating tariff wars. Crypto analyst Ali…