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Money & Crypto News

U.S. WHITE HOUSE SAYS GOLD RESERVES MAY BE USED TO PURCHASE BITCOIN 🪙

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Money & Crypto News

🗞 April 12, 2025 cryptocurrency news highlights

Cryptocurrency
Bitcoin ecological tokens rebounded, MAGIC•INTERNET•MONEY rose by more than 147% in a single day

【Economy】
The market is losing confidence in US policy making and the economy, with investors fleeing US assets in large numbers 🇺🇸

【Indicators】
U.S. stocks increased during the session, and MicroStrategy rose by 8.27%.

【More】
McDonald's shareholders' Bitcoin proposal was rejected, and the U.S. SEC determined that the company had the right not to discuss it

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Binance announced that it will adjust the ORCAUSDT contract funding rate settlement frequency

According to official news, Binance Contract will adjust the ORCAUSDT perpetual contract funding rate settlement frequency at 16:00 (Beijing time) on April 12, 2025. The funding rate settlement frequency will be adjusted from once every four hours to once every two hours.

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McDonald's shareholders' Bitcoin proposal was rejected, and the U.S. SEC determined that the company had the right not to discuss it

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Money & Crypto News

U.S. stocks increased during the session, and MicroStrategy rose by 8.27%.

Nad States index rising 1.49%, the S&P 500 rising 1.25%, and the Dow rising 0.8%. Cryptocurrency stocks rose, among which:
MicroStrategy (MSTR) rose by 8.27%;
MARA Holdings (MARA) rose 3.8%.

Most U.S. technology stocks rose:
Microsoft (MSFT) rose by 1.55%;
Apple (AAPL) rose by 3.67%;
GOOGLE (GOOG) ROSE BY 2.9%;
NVIDIA (NVDA) ROSE 2.58%;
Meta Platforms (META) fell by 0.9%;
Amazon (AMZN) rose by 0.7%;
Tesla (TSLA) fell by 2.4%.

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South Korea has postponed applying the Credit Information Act to crypto exchanges until December 1, 2025, granting a grace period with no penalties unless violations involve intent or gross negligence.

The Credit Information Act regulates the collection, use, and protection of personal and financial data. Its application to crypto would require exchanges to treat user transaction records as sensitive credit information.

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President repealed a late Biden-era crypto tax rule that required brokers to report user transactions to the IRS via Form 1099s, rolling back a key data-reporting mandate.

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Arizona, officially passed the Bitcoin Mining Rights Act HB 2342, which protects anyone who runs nodes or mines digital assets from partitioning or use bans and restriction

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🇨🇦 Canadian public company Neptune adds to its Bitcoin stack, now holding over 400 BTC 🔥

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QCP: Suggests Trump Maintain Caution Even After Tariff Pause, Market Focus Shifts to Tonight's CPI Data

QCP released its daily market observation, stating that Trump announced last night the suspension of tariff policies, triggering a significant market rally: the S&P 500 index rose by 9.51%, and the Nasdaq index surged by 12.02%. Bitcoin saw an increase of 8.43%, while Ethereum rose by 13.38%.

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If Bitcoin breaks through $84,000, the cumulative liquidation intensity of mainstream CEX short orders will reach 637 million

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Money & Crypto News

U.S. crypto stocks generally soared, MSTR rose more than 23%, and COIN rose 19.65%

MicroStrategy (MSTR) rose by 23.12%
Coinbase (COIN) rose by 19.65%
MARA Holdings (MARA) rose 17.63%
Riot Platforms (RIOT) rose by 12.18%

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Money & Crypto News

🗞 April 9, 2025 cryptocurrency news highlights

Cryptocurrency
🔥 US-China Trade War Escalates: 104% Tariffs Imposed Amid Retaliation

【Economy】
In response to new U.S. global tariffs, Bitcoin miners are rapidly importing equipment from regions like China, Malaysia, and Thailand, with some large companies chartering flights costing up to $3.5m per trip.

【Indicators】
If Bitcoin falls below $74,000, the cumulative long liquidation intensity of mainstream CEX will reach 476 million. On the contrary, if Bitcoin surpasses $78,000, the cumulative short liquidation intensity of mainstream CEX will reach 982 million.⚠️💰

【More】
President Donald Trump claimed the U.S. is collecting $2bn per day from tariffs.

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Money & Crypto News

President Donald Trump claimed the U.S. is collecting $2bn per day from tariffs.

According to the Treasury, customs duties totaled around $7.25bn for the month of February.

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Money & Crypto News

If Bitcoin falls below $74,000, the cumulative long liquidation intensity of mainstream CEX will reach 476 million. On the contrary, if Bitcoin surpasses $78,000, the cumulative short liquidation intensity of mainstream CEX will reach 982 million.⚠️💰

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Money & Crypto News

A White House official stated that Trump has indicated that automobiles, steel, pharmaceuticals, chips, and other specific materials will be subject to specific tariffs to ensure the fair and effective implementation of tariffs 🇺🇸

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Bitcoin ecological tokens rebounded, MAGIC•INTERNET•MONEY rose by more than 147% in a single day

According to market information, Bitcoin ecological tokens rebounded today, including:
Rune MAGIC•INTERNET•MONEY rose by more than 147% in a single day, and the current market value reached 75.33 million US dollars;
WZRD rose by 126.4% in a single day, and the current market value reached 52.46 million US dollars;
BILLION•DOLLAR•CAT rose by 52.1% in a single day, and the current market value reached 14.08 million US dollars.

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The SEC and lawyers request Federal Court to pause Binance case proceedings for an additional 60 days 👨‍⚖️

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The market is losing confidence in US policy making and the economy, with investors fleeing US assets in large numbers 🇺🇸

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Money & Crypto News

🗞 April 11, 2025 cryptocurrency news highlights

Cryptocurrency
Arizona, officially passed the Bitcoin Mining Rights Act HB 2342, which protects anyone who runs nodes or mines digital assets from partitioning or use bans and restriction ⛏

【Economy】
South Korea has postponed applying the Credit Information Act to crypto exchanges until December 1, 2025, granting a grace period with no penalties unless violations involve intent or gross negligence.

【Indicators】
If Bitcoin breaks through $81,000, the cumulative liquidation intensity of mainstream CEX will reach 1.184 billion

【More】
President repealed a late Biden-era crypto tax rule that required brokers to report user transactions to the IRS via Form 1099s, rolling back a key data-reporting mandate.

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Money & Crypto News

Chinese State Council: The U.S. will become a laughingstock in the history of the world economy if it continues to impose additional tariffs

The Customs Tariff Commission of the State Council announced that the U.S. government has further increased the tariff rate of "counteracting tariffs" on Chinese goods imported into the U.S. to 125%. The U.S. unilateral escalation of exorbitant tariffs against China flagrantly violates international economic and trade rules, disregards the global economic order established by the U.S. itself after World War II, goes against basic economic principles and common sense, and is entirely a practice of unilateral bullying and coercion. China strongly condemns this.

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Money & Crypto News

If Bitcoin breaks through $81,000, the cumulative liquidation intensity of mainstream CEX will reach 1.184 billion

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Money & Crypto News

The New Hampshire House of Representatives passed the Bitcoin Reserve Bill 🪙

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Money & Crypto News

Elon Musk plans to turn X (Twitter) into an equivalent of China’s WeChat, with the company developing a messenger called XChat.

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Money & Crypto News

The U.S. stock market saw $5.5 tr in inflows as President Donald Trump paused reciprocal tariffs.

The Magnificent Seven stocks also showed a strong rebound following their sharp drop in the first week of April:

Meta (META): 14.76%
Microsoft (MSFT): 10.13%
Amazon (AMZN): 11.98%
Google (GOOGL): 9.88%
Apple (APPL): 15.33%
Nvidia (NVDA): 18.72%
Tesla (TSLA): 22.69%

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Money & Crypto News

The Federal Reserve's interest rate cut is expected to drop sharply.

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Trump authorized the suspension of tariffs for 90 days, and U.S. stocks rose straight with Bitcoin

After the news was released, the U.S. stock index rose sharply, the Nasad States index rose by more than 4%, the S&P 500 index rose by 3.3%, the Dow rose by 2.7%, and Bitcoin rose by 3.82%, and the current price is 80,799 USD.

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In response to new U.S. global tariffs, Bitcoin miners are rapidly importing equipment from regions like China, Malaysia, and Thailand, with some large companies chartering flights costing up to $3.5m per trip.

The U.S. has already imported over $860m worth of mining equipment in Q1 2025, and the new tariffs are expected to increase equipment prices by 22% to 36%.

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Money & Crypto News

Placeholder Partner: Significant Support at $70,000 if Bitcoin Loses Current Level

Placeholder partner Chris Burniske posted on social media, stating, "If we lose the current level, the next Bitcoin support level to watch is $70,000, where there is significant support, at the high point of the 2021 cycle, as well as the range high points from March to October 2024."

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Money & Crypto News

Bitcoin fell below $77,000 this morning, reaching a low of $76,239, and is currently trading at $76,498, representing a 24-hour decrease of 4.38%. Ethereum fell below $1,500 this morning, reaching a low of $1,441, and is currently trading at $1,470, representing a 24-hour decrease of 6.11%.💰🔹

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