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Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review
6.4.2025
Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs. Meanwhile, over 5,000 U.S. banks are now cleared...
Billionaire investor would 'not be surprised' if Trump postpones tariffs
6.4.2025
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7."One would have to imagine that President Donald Trump's phone has been ringing off the hook. The practical...
JPMorgan and Polymarket Align on Rising 2025 Recession Probability
5.4.2025
After two consecutive days of steep declines on Wall Street, forecasts of a looming recession have grown even more prevalent—intensifying even more so since the moment U.S. President Donald Trump unveiled sweeping tariffs across global markets on April 2. Trump’s Trade Policy Sparks Economic...
Germany Considers Repatriating Billions in Gold From US Amid Tariff Tensions
5.4.2025
Germany is weighing the potential withdrawal of approximately 1,200 tons of gold, valued at over €113 billion ($124.41B), from the U.S. Federal Reserve in New York amid escalating trade tensions triggered by Trump’s tariffs on the European Union, according to recent reports and political...
Nintendo's Big Switch 2 Reveal, Pre-Orders Delayed Due To Trump's Tariffs, And More Of The Week's Big News
5.4.2025
Finally this week, Nintendo pulled back the curtain on the Switch 2 in a big way, giving us details about its screen, specs, and some of the games we can expect to see at launch and in the months that follow. A few days later, however, the company announced that preorders, previously set to go live...
Bitpanda CEO: Trump’s Tariffs a ‘Yield War,’ Not Protectionism
5.4.2025
Eric Demuth, CEO of Bitpanda, argues that Trump’s tariffs are primarily a strategy to lower the 10-Year Treasury Yield and facilitate the refinancing of $9 trillion in U.S. debt by 2026. Demuth: Trump Tariffs Not Protectionist Eric Demuth, CEO of cryptocurrency exchange Bitpanda, argues that...
Bitcoin Permabull Max Keiser: Trump’s Great Reset Reinforces Bitcoin Status as the Best Hedge
5.4.2025
Max Keiser, international journalist and current cryptocurrency advisor to the Bukele Administration, has referred to the resilience of bitcoin in the face of the new tariff-based trade order enacted by President Trump. Keiser stated that, even with the great reset kickstarted by Trump’s...
‘Cut Interest Rates, Jerome’: Trump Lashes Out as Stocks Tumble
4.4.2025
Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil...
The Internet Reacts To Trump's War On Nintendo
4.4.2025
On Friday, Nintendo announced that players won’t be able to pre-order a Switch 2 on April 9. The company directly blamed President Donald Trump’s planned tariffs against basically every country on the planet (except Russia and North Korea, weirdly) for the delay. This has led to some people...
Are Tariffs Parts of Trump’s Master Plan to Accumulate Bitcoin? MARA Advisor Believes So
4.4.2025
While the markets have reacted poorly to the Trump Administration’s enactment of a new series of tariffs, some analysts have considered the idea of all of this being part of a master plan to secure bitcoin at lower prices for the strategic bitcoin reserve. Analyst Examines Trump’s...
Arthur Hayes loves tariffs as printed money pain is good for Bitcoin
4.4.2025
BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.“Global imbalances will be corrected, and the pain papered over with printed money, which is good...
Lawmakers Demand SEC Transparency on Trump Family Crypto Ties
4.4.2025
Senator Elizabeth Warren and Representative Maxine Waters have formally requested transparency from the U.S. Securities and Exchange Commission (SEC) concerning potential conflicts of interest involving President Donald Trump’s family and their ties to World Liberty Financial (WLF),...
The Dark Side of Tariffs: Dalio Predicts Global Stagflation and Economic Upheaval
4.4.2025
Ray Dalio warns that Donald Trump’s tariff policies could lead to global stagflation and significantly alter U.S.- China trade relations. Dalio’s analysis highlights the “first-order” effects of tariffs, which can generate revenue but also reduce global production...
Wall Street Bleeds $2.85T as Polymarket Degens Bet on Recession, Now a 49% Probability
3.4.2025
Speculators on Polymarket are wagering substantial sums on a contract gauging the likelihood of a U.S. economic downturn by 2025. After President Donald Trump’s divisive tariff policy was announced, the probability implied by market activity has risen to nearly 50%. Tariffs, Tumbles and Trades...
TRUMP Coin Falters 15.6% After Tariff News, 40M Token Unlock Nears
3.4.2025
Amid a sweeping downturn across the crypto sector, the official TRUMP meme coin relinquished over 15% of its value against the U.S. dollar on Thursday. This decline precedes the token’s first significant unlock, scheduled for April 18. TRUMP Token Stumbles, Now 87% Off-Peak On April 3, U.S....
Crypto Economy and Wall Street Plunges After ‘Liberation Day’—Was It by Design?
3.4.2025
U.S. equities tumbled sharply Thursday, hours after President Donald Trump introduced expansive trade levies in his “Liberation Day” address. Analysts speculate that the administration aims to orchestrate economic deceleration to curb inflation and ease debt burdens, with Wall Street’s tumult...
U.S. SEC Nominee Atkins Gets Confirmation Nod From Senate Banking Committee
3.4.2025
The panel voted to advance the confirmations of Paul Atkins to run the SEC and Jonathan Gould to lead the OCC, both of which would have a big say in crypto
Trump’s pick for SEC chair makes it out of committee
3.4.2025
Lawmakers in the US Senate Banking Committee confirmed the nomination of Paul Atkins to be a member of Securities and Exchange Commission (SEC), paving the way for a full floor vote in the chamber.In an April 3 executive session of the banking committee, lawmakers voted 13-11 to confirm Atkins...
Onlyfans Founder’s Startup, Hbar Foundation Bid for Tiktok
3.4.2025
The Hbar Foundation has partnered with Zoop, a startup founded by Onlyfans creator Tim Stokely, to bid on Tiktok’s U.S. operations. Zoop, Hbar Foundation Aim for New Creator Paradigm The Hbar Foundation, a cryptocurrency foundation managing the Hedera cryptocurrency network’s treasury...
Crypto Carnage: $509M Wiped Out Post-Trump Tariff Bombshell as BTC, ETH, SOL Spiral
3.4.2025
Bitcoin ( BTC) experienced a swift and pronounced decline hours after U.S. President Donald Trump unveiled new tariff measures, collapsing to an intraday floor of $82,352 by 7:15 p.m. ET. Trump’s Tariff Tremors Traders swiftly mobilized, engaging in a high-stakes contest to reverse the digital...