Month: April 2025

Trump enacts 10% tariff on all imports, ramps up pressure on 60 countries

Key Takeaways Trump’s new tariff policy imposes a 10% baseline on nearly all imports and 25% on foreign-made cars. Reciprocal tariffs targeting 60 nations begin April 9, with China at 34% and Vietnam at 46%. Share this article President Donald…

Binance Just Killed Mask Network Crypto: MASK Price Plummets -38% After Delisting

Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower? MASK, the token behind the Mask Network, is in free fall, shedding a massive 38% in the past day of trading. According to…

Ripple USD Explodes Onto Kraken as RLUSD Crosses $10B in Volume

Ripple’s RLUSD just hit crypto exchange Kraken, boasting over $10 billion in volume and a soaring $250 million market cap as it powers real-world DeFi and enterprise payments. RLUSD Goes Live on Kraken—$10B in Ripple USD Volume Signals Massive Momentum…

Stablecoin Issuer Circle Files for IPO After Big Revenue Report

Circle Internet Group filed for a long-awaited initial public offering with the US Securities and Exchange Commission on April 1. In its S-1 form, the company outlined plans to list its stock on the New York Stock Exchange under the symbol…

$27.53m PEPE long opens the door for a high-stakes market shift, WallitIQ responds

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $27.53m leveraged PEPE position stirs concerns over crypto instability, while WallitIQ offers risk management solutions. A $27.53 million…

First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions

A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged…

Bitcoin Investors Stay Firm While Losses – Is Sentiment Changing?

According to a current CryptoQuant Quicktake post, short-term Bitcoin (BTC) investors are deciding to refund their digital holdings, experiencing potential losses. The CryptoQuant contributor on-chain mentioned that short-term BTC investors have recorded notably lower realized losses compared to their potential…

Justin Sun urges users to exit First Digital Trust amid insolvency concerns

Key Takeaways Justin Sun said First Digital Trust is insolvent and called on users to withdraw funds and regulators to intervene. The warning came hours after filings revealed Sun bailed out TUSD when $456M in reserves were frozen in unauthorized…

Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds

Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements….

Is This The Real Reason Why Tether Is Buying Bitcoin?

Tether, the issuer of USDT, is stockpiling Bitcoin in 2025. Is this a strategic move to protect against a USDT depeg? In 2021, USDC depegged and couldn’t restore the peg immediately because banks were closed. The world’s largest multichain stablecoin…