JUST IN: Japanese investment firm Metaplanet has bought an additional $13.3 million worth of BTC just one day after it made its largest bitcoin purchase to date.
JUST IN: FDUSD briefly depegged by 10% after Justin Sun claimed its issuer, First Digital Trust, was insolvent, leading to $200 million in outflows before stabilizing at $0.98.
โค2
OPINION: BCB Group CEO Tim Renew believes the crypto industry must collaborate with traditional finance to scale, urging the community to โstop fighting over whoโs right and learn to come togetherโ as institutions like Citadel, Fidelity, and BlackRock enter the space.
โค1
Good morning!
Today the market is in the red, most of the alts are red. BTC is now trading around $83.425. ETH is about $1830.
โญ Fear/Greed Index: 26 - fear
๐ A selection of morning news:
โข Trump's tariff increase threatens stagflation in the United States: CICC analysis.
โข Grayscale presents innovative BTC-ETF for stable income.
โข South Korea is starting a nationwide experiment with the digital currency CBDC.
โข Hong Kong faces an investigation into a $500 million crypto trust fraud.
โข CEO Robinhood emphasizes the benefits of tokenization for American companies.
Today the market is in the red, most of the alts are red. BTC is now trading around $83.425. ETH is about $1830.
โข Trump's tariff increase threatens stagflation in the United States: CICC analysis.
โข Grayscale presents innovative BTC-ETF for stable income.
โข South Korea is starting a nationwide experiment with the digital currency CBDC.
โข Hong Kong faces an investigation into a $500 million crypto trust fraud.
โข CEO Robinhood emphasizes the benefits of tokenization for American companies.
Please open Telegram to view this post
VIEW IN TELEGRAM
โค1
RECENTLY: According to report, Treasure DAO is restructuring to cut costs and extend its financial runway until February 2026, with John Patten leading the effort.
JUST IN: Ultra has reportedly raised $12 million in a funding round led by NOIA Capital to build a one-stop gaming platform that integrates digital assets and challenges outdated industry models.
โค1
JUST IN: Bybit to partner with Zodia Custody to strengthen security measures for its institutional clients, per report.
Apple shares dropped by 8.3%, causing the company to lose nearly $255 billion in value, reports Clash Report. Nike shares also fell โ down by 13%, hitting their lowest point since November 2017 (!).
Please open Telegram to view this post
VIEW IN TELEGRAM
โค1
JUST IN: Crypto exchange Gemini is opening a new office in Miamiโs Wynwood Art District as it expands its U.S. presence amid ongoing legal proceedings with the SEC, per report.
โจ Ideally, Iโd like to see one more push up before the dive โ taking liquidity below and then sending the entire market up until summer! At the bottom, weโll load up on the strongest swing positions for BTC, ETH, and key assets. Stay tuned!
Please open Telegram to view this post
VIEW IN TELEGRAM
โค1๐ฅ1๐ฏ1
JUST IN: The U.S. stock market lost $3.25 trillion in value on April 4โover $570 billion more than the entire crypto marketโamid escalating concerns over President Trump's proposed tariffs.
OPINION: Billionaire investor Bill Ackman suggests that President Trump may delay implementing proposed tariffs to allow more time for negotiating trade deals.
JUST IN: Acting SEC Chair Uyeda has ordered a review of staff statements on crypto risks and securities laws, per report.
This media is not supported in your browser
VIEW IN TELEGRAM
The robot, named Corleo, is equipped with AI that analyzes the surrounding terrain. It's an interesting technology, though its practicality will only become clear over time.
Now we have robo-horses. Who's next?
Please open Telegram to view this post
VIEW IN TELEGRAM
Morning market condition:
Today the market is in the red, most of the alts are red. BTC is now traded around $76,200. ETH is about $1515.
โญ Fear/Greed Index: 23 - extreme fear
๐ A selection of morning news:
โข Wall Street's confidence in Trump's economic policy fluctuates.
โข Goldman Sachs lowers the growth forecast, increases the likelihood of recession.
โข Changpeng Zhao (CZ) calls for long-term orientation in the field of cryptocurrencies.
โข The U.S. stock market suffered losses of $11.1 trillion in 44 days.
โข FTX will not pay $2.5 billion on customer lawsuits - here's why.
Today the market is in the red, most of the alts are red. BTC is now traded around $76,200. ETH is about $1515.
โข Wall Street's confidence in Trump's economic policy fluctuates.
โข Goldman Sachs lowers the growth forecast, increases the likelihood of recession.
โข Changpeng Zhao (CZ) calls for long-term orientation in the field of cryptocurrencies.
โข The U.S. stock market suffered losses of $11.1 trillion in 44 days.
โข FTX will not pay $2.5 billion on customer lawsuits - here's why.
Please open Telegram to view this post
VIEW IN TELEGRAM