๐ Binance: Tariffs Are Shaking Global Markets & Crypto ๐
Binance just dropped a fresh report highlighting that weโre now facing the toughest trade tariffs since the 1930s โ and yes, itโs already impacting both the global economy and crypto markets. ๐ง
Whatโs next? Expect more volatility ahead as tensions escalate. Buckle up, itโs gonna be a bumpy ride. ๐ข
Binance just dropped a fresh report highlighting that weโre now facing the toughest trade tariffs since the 1930s โ and yes, itโs already impacting both the global economy and crypto markets. ๐ง
Whatโs next? Expect more volatility ahead as tensions escalate. Buckle up, itโs gonna be a bumpy ride. ๐ข
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๐ธ Someone Just Paid $59,400 in BTC Fees! ๐
In the Bitcoin network, a user accidentally approved a transaction with a fee of 0.75 BTC โ thatโs around $59,400 at current prices.
To put it in perspective, thatโs 96,642x higher than the average fee. ๐ฐ
It looks as one of the most expensive "oops" moments in crypto history. ๐คท
In the Bitcoin network, a user accidentally approved a transaction with a fee of 0.75 BTC โ thatโs around $59,400 at current prices.
To put it in perspective, thatโs 96,642x higher than the average fee. ๐ฐ
It looks as one of the most expensive "oops" moments in crypto history. ๐คท
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๐ Market Correction? Yes. Panic? Not Really. ๐
Despite the ongoing market correction, on-chain data shows no signs of panic selling. The absence of "panic bars" (orange spikes) in the realized profit/loss ratio chart suggests that hodlers are keeping calm and holding their positions. ๐
๐ก Long-term investors arenโt rushing for the exits โ instead, theyโre staying level-headed and letting the market play out. A rare moment of Zen in crypto! ๐งโโ๏ธ
Despite the ongoing market correction, on-chain data shows no signs of panic selling. The absence of "panic bars" (orange spikes) in the realized profit/loss ratio chart suggests that hodlers are keeping calm and holding their positions. ๐
๐ก Long-term investors arenโt rushing for the exits โ instead, theyโre staying level-headed and letting the market play out. A rare moment of Zen in crypto! ๐งโโ๏ธ
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๐ Ray Dalio: It's Not Just About Tariffs
While headlines focus on Trumpโs new tariffs, Ray Dalio urges us not to miss the bigger picture. According to him, the world is going through a once-in-a-lifetime breakdown in three major systems:
1. ๐ธ Monetary Order โ Massive debt imbalances between the U.S. (borrower) and China (lender) are unsustainable. The system of โwe buy, they lendโ is breaking apart.
2. โ๏ธ Political Order โ Extreme division, loss of compromise, and ineffective leadership are weakening democracies.
3. ๐ Geopolitical Order โ The era of U.S.-led global cooperation is ending. Weโre entering a world of self-interest and power politics.
Add in tech disruption, climate events, and populismโand you get a volatile mix. Tariffs are just a symptom, not the cause.
๐ Dalio says weโre early in the โBig Cycleโ shift. ๐ค
While headlines focus on Trumpโs new tariffs, Ray Dalio urges us not to miss the bigger picture. According to him, the world is going through a once-in-a-lifetime breakdown in three major systems:
1. ๐ธ Monetary Order โ Massive debt imbalances between the U.S. (borrower) and China (lender) are unsustainable. The system of โwe buy, they lendโ is breaking apart.
2. โ๏ธ Political Order โ Extreme division, loss of compromise, and ineffective leadership are weakening democracies.
3. ๐ Geopolitical Order โ The era of U.S.-led global cooperation is ending. Weโre entering a world of self-interest and power politics.
Add in tech disruption, climate events, and populismโand you get a volatile mix. Tariffs are just a symptom, not the cause.
๐ Dalio says weโre early in the โBig Cycleโ shift. ๐ค
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Donald Trump's merch caps will go up in price by 34% due to tariffsโbecause they're made in China ๐
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Bitcoin gets tossed around again! ๐
๐ฃ After Trump dropped a whopping new tariff of 104% on Chinaโproving tariffs can go above 100% if you really want to double the price out of thin airโBitcoin dipped to test $74K again. Overnight, it staged a comeback to $77K, but the rollercoaster isnโt over yet. ๐ข
With new tariffs kicking in today and China known for not backing down easily, expect more wild market moves and high volatility ahead. ๐
Hold on tight, crypto famโthis ride is far from smooth!
๐ฃ After Trump dropped a whopping new tariff of 104% on Chinaโproving tariffs can go above 100% if you really want to double the price out of thin airโBitcoin dipped to test $74K again. Overnight, it staged a comeback to $77K, but the rollercoaster isnโt over yet. ๐ข
With new tariffs kicking in today and China known for not backing down easily, expect more wild market moves and high volatility ahead. ๐
Hold on tight, crypto famโthis ride is far from smooth!
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Elon Musk's net worth has dropped below $300 billion for the first time since November 2024! ๐๐ฐ
On April 7, Tesla shares plunged (down 2.56% to $223.29), costing Musk $4.4 billion. Earlier, during the global market turmoil on April 3โ4, he lost another $31 billion. Total losses in 2025 have already reached a staggering $134.7 billion! ๐คท
Musk now ranks sixth among the world's richest people who have suffered the most from Trump-era policies. However, according to the Bloomberg Billionaires Index, he's still holding the top spot with $298 billion in his pocket. ๐ต
On April 7, Tesla shares plunged (down 2.56% to $223.29), costing Musk $4.4 billion. Earlier, during the global market turmoil on April 3โ4, he lost another $31 billion. Total losses in 2025 have already reached a staggering $134.7 billion! ๐คท
Musk now ranks sixth among the world's richest people who have suffered the most from Trump-era policies. However, according to the Bloomberg Billionaires Index, he's still holding the top spot with $298 billion in his pocket. ๐ต
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๐ Standard Chartered just dropped a super bullish forecast for XRP:
โช๏ธ $5.50 by end of 2025
โช๏ธ $8 by end of 2026
โช๏ธ $10.4 by end of 2027
โช๏ธ $12.5 by end of 2028
Why so bullish? ๐
โก๏ธ SEC leadership shake-up
โก๏ธ Corporate adoption for cross-border payments
โก๏ธ Mass tokenization on the XRPL blockchain
Looks like they believe XRP will moon before Trumpโs term ends ๐
โช๏ธ $5.50 by end of 2025
โช๏ธ $8 by end of 2026
โช๏ธ $10.4 by end of 2027
โช๏ธ $12.5 by end of 2028
Why so bullish? ๐
โก๏ธ SEC leadership shake-up
โก๏ธ Corporate adoption for cross-border payments
โก๏ธ Mass tokenization on the XRPL blockchain
Looks like they believe XRP will moon before Trumpโs term ends ๐
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๐ Around 25% of the total Bitcoin supply is currently sitting in the red, marking the highest level of unrealized losses since September 2024.
Back then, up to 30% of coins were underwater when Bitcoin was trading at around $54K.
Despite today's higher price levels, a significant portion of holders still face paper losses, underscoring the market's persistent volatility. ๐
Back then, up to 30% of coins were underwater when Bitcoin was trading at around $54K.
Despite today's higher price levels, a significant portion of holders still face paper losses, underscoring the market's persistent volatility. ๐
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๐ The probability of a Fed rate cut at the May 7 meeting is steadily increasingโthe lower the graph, the more likely a cut.
๐ต๏ธโโ๏ธ Most experts and analysts agree that the Federal Reserve will soon be forced to lower rates.
Stay tuned for potential shifts in monetary policy that could impact markets and economic strategy.๐
๐ต๏ธโโ๏ธ Most experts and analysts agree that the Federal Reserve will soon be forced to lower rates.
Stay tuned for potential shifts in monetary policy that could impact markets and economic strategy.๐
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๐จ๐ณ There's buzz online that China is selling off its massive U.S. Treasury bondsโworth around $760 billion (second only to Japan in holdings)โand buying Bitcoin instead! ๐๐ฐ
While details are scarce and these claims remain unverified, such a move would signal a major shift in global financial strategy. ๐
While details are scarce and these claims remain unverified, such a move would signal a major shift in global financial strategy. ๐
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๐ฅ Bitcoin Mining Profitability Hits 2024 Low!
๐ The Bitcoin Hashprice Index has dropped to $42 per PH/sโits lowest since September 2024. Falling Bitcoin prices coupled with a nearly 7% jump in network difficulty on April 6 have squeezed mining profits by about one-third compared to the autumn period during the U.S. presidential elections, when they were above $60. ๐
As Bitcoin flirted below $75K on Monday and last night, some large mining companies are now nearing break-even, with costs ranging from $17 to $50 per PH/s in Q4 2024 (TheMinerMag). At $42, revenues for some miners, especially those with high electricity costs or outdated equipment, are already below their operational costs. ๐ง
Remember, in 2021, hashprice peaked at over $3500 per PH/s per day. Todayโs harsh reality might spark further consolidation in the mining industry.
๐ The Bitcoin Hashprice Index has dropped to $42 per PH/sโits lowest since September 2024. Falling Bitcoin prices coupled with a nearly 7% jump in network difficulty on April 6 have squeezed mining profits by about one-third compared to the autumn period during the U.S. presidential elections, when they were above $60. ๐
As Bitcoin flirted below $75K on Monday and last night, some large mining companies are now nearing break-even, with costs ranging from $17 to $50 per PH/s in Q4 2024 (TheMinerMag). At $42, revenues for some miners, especially those with high electricity costs or outdated equipment, are already below their operational costs. ๐ง
Remember, in 2021, hashprice peaked at over $3500 per PH/s per day. Todayโs harsh reality might spark further consolidation in the mining industry.
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๐ณ MicroStrategy May Need to Sell Their BTC
According to an SEC 8-K filing, if Bitcoin prices keep falling, MicroStrategy could be forced to sell some of its BTC to meet debt obligations. ๐
This move would break Saylorโs famous promise of "never selling Bitcoin." ๐คท
While such a sale could have some unpleasant consequences, it's important to note that this risk disclosure is standard procedure. For now, thereโs no need to panicโjust another reminder of the volatile nature of crypto investments. Stay tuned for updates!
According to an SEC 8-K filing, if Bitcoin prices keep falling, MicroStrategy could be forced to sell some of its BTC to meet debt obligations. ๐
This move would break Saylorโs famous promise of "never selling Bitcoin." ๐คท
While such a sale could have some unpleasant consequences, it's important to note that this risk disclosure is standard procedure. For now, thereโs no need to panicโjust another reminder of the volatile nature of crypto investments. Stay tuned for updates!
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๐ฌ A wallet linked to World Liberty Financial (WLFI) just locked in major losses โ selling 5,471 ETH at $1,465 per coin.
๐ But thatโs just the beginningโฆ
They still hold 67,498 ETH bought at $3,259, sitting on a jaw-dropping $125M unrealized loss.
Guess thatโs what happens when your financial advisor is... Eric Trump ๐คทโโ๏ธ
๐ But thatโs just the beginningโฆ
They still hold 67,498 ETH bought at $3,259, sitting on a jaw-dropping $125M unrealized loss.
Guess thatโs what happens when your financial advisor is... Eric Trump ๐คทโโ๏ธ
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Bitcoin surged overnight to $83,500 after Donald Trump suspended additional tariffs for 90 days (for all countries except China). ๐
In contrast, tariffs on China were raised to 125% in response to China increasing its own tariffs by 84%โa counter to the U.S. raising tariffs to 104%. ๐
In short, China now faces a 125% rate, while the rest of the world, including the EU, will have only the base tariff rate of 10% during the 90-day period. ๐ฅ๐
In contrast, tariffs on China were raised to 125% in response to China increasing its own tariffs by 84%โa counter to the U.S. raising tariffs to 104%. ๐
In short, China now faces a 125% rate, while the rest of the world, including the EU, will have only the base tariff rate of 10% during the 90-day period. ๐ฅ๐
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๐จ Santiment Issues FOMO Warning
Following the US announcement of a 90-day tariff pause, trader sentiment has quickly turned bullish โ and crypto is reacting. ๐
A short-term rally may be in play as retail jumps inโฆ but Santiment warns of extreme FOMO in the market. ๐
Experts caution: donโt get swept up by hype tied to temporary news โ the tariff issue is still unresolved, and this could be a classic "kick the can down the road" moment.
Stay sharp. Donโt be exit liquidity. ๐ฌ
Following the US announcement of a 90-day tariff pause, trader sentiment has quickly turned bullish โ and crypto is reacting. ๐
A short-term rally may be in play as retail jumps inโฆ but Santiment warns of extreme FOMO in the market. ๐
Experts caution: donโt get swept up by hype tied to temporary news โ the tariff issue is still unresolved, and this could be a classic "kick the can down the road" moment.
Stay sharp. Donโt be exit liquidity. ๐ฌ
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๐ค Just 4 hours before announcing a 90-day pause on tariffs (excluding China), Donald Trump called it a โgreat time to buyโ โ and it was.
๐ The Nasdaq saw its biggest intraday jump since 2008, and the U.S. stock market added $4 trillion in 10 minutes after the news.
Now people are wondering โ was this all part of a master plan? If Trump crashed the market to buy low with his friends, only to pump it back up laterโฆ that would be some 4D chess ๐ง โ
But what about those on the losing side of this game? ๐คทโโ๏ธ
๐ The Nasdaq saw its biggest intraday jump since 2008, and the U.S. stock market added $4 trillion in 10 minutes after the news.
Now people are wondering โ was this all part of a master plan? If Trump crashed the market to buy low with his friends, only to pump it back up laterโฆ that would be some 4D chess ๐ง โ
But what about those on the losing side of this game? ๐คทโโ๏ธ
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Paul Atkins Appointed New SEC Chair ๐ฅ
๐บ๐ธ The U.S. Senate has confirmed Paul Atkins as the new Chairman of the SEC, replacing Gary Gensler, with a 52โ44 vote.
Appointed by Donald Trump, Atkins is seen as a pro-crypto figure and promises to make clear digital asset regulation a top priority.
A former SEC commissioner and fintech advisor, Atkins also pledged to roll back several regulatory approaches introduced under Gensler. ๐ช
Bullish news for crypto as the SEC leadership shifts toward a more industry-friendly stance. ๐
๐บ๐ธ The U.S. Senate has confirmed Paul Atkins as the new Chairman of the SEC, replacing Gary Gensler, with a 52โ44 vote.
Appointed by Donald Trump, Atkins is seen as a pro-crypto figure and promises to make clear digital asset regulation a top priority.
A former SEC commissioner and fintech advisor, Atkins also pledged to roll back several regulatory approaches introduced under Gensler. ๐ช
Bullish news for crypto as the SEC leadership shifts toward a more industry-friendly stance. ๐
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