Month: April 2025

Bybit doubles post-hack market share thanks to retail liquidity

Following the largest crypto hack in history, Bybit is slowly recovering—thanks in large part to retail investment. Crypto exchange Bybit is recovering from the largest hack in crypto history, which resulted in a $1.6 billion loss. In a research report…

China Will Strike Back: Scaramucci Predicts Currency War, IP Theft, Treasury Sell-off

Skybridge’s founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare. Scaramucci Outlines 5-Point Forecast on China’s Next Moves Amid Rising Trade Tensions Skybridge Capital…

Crypto-friendly Paul Atkins confirmed by Senate to lead the SEC

Key Takeaways Paul Atkins confirmed as SEC chair, replacing Gary Gensler. Atkins aims to introduce a rational crypto framework at SEC. Share this article The US Senate on Wednesday confirmed Paul Atkins as head of the US Securities and Exchange…

World Liberty Financial To Airdrop USD1 Stablecoins to WLFI Holders, According to Governance Proposal

The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop. Last month, the DeFi project announced plans to launch a new stablecoin called USD1, which it says is pegged to the US dollar and…

Hyperliquid (HYPE) +5% As It Leads The Crypto Revival Following Trump’s Increased Tariffs For China

Crypto is struggling to keep its head above water with President Trump’s 104% tariffs on Chinese goods as Hyperliquid (HYPE) stands green amongst a sea of red. After Vice-President JD Vance called Chinese workers ‘peasants’ and Trump’s heightened tariffs for…

Solana Show Upward Divergences — Is A Relief Bounce On The Horizon?

Solana has experienced high selling demand in the last seven days as the larger crypto market tumbles from the effect of U.S. President Donald Trump’s assertive trade strategies. Concerns about a long trade war and rising economic issues have caused…

US DOJ Disbands Crypto Enforcement Unit

The U.S. Department of Justice (DOJ) has announced that it will no longer pursue criminal cases against crypto exchanges, developers, or users involved in regulatory violations. This follows the disbanding of the National Cryptocurrency Enforcement Team (NCET), a specialized unit…

Bitcoin Jumps to $83K After Trump’s Surprise Tariff Freeze Triggers $592M in Wipeouts

Bitcoin‘s price climbed to $83,565 on April 9, following a decision by U.S. President Donald Trump to temporarily halt a series of sweeping tariffs for 90 days. The rapid price climb triggered $592.05 million in liquidations across crypto derivatives markets…

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…

Wallets Linked to President Trump’s World Liberty Financial Selling Ethereum at a Loss: Lookonchain

Data from blockchain intelligence firm Lookonchain suggests that crypto wallets associated with President Donald Trump-backed decentralized finance (DeFi) platform World Liberty Financial (WLFI) are selling Ethereum (ETH) at a loss. Citing data from Arkham, Lookonchain says its 581,400 followers on…