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news-imageApril 7, 2025

Buy These 5 Crypto If Donald Trump Approves Zero Tax Policy After Tariff War

Amid the ongoing crypto market crash, investors' eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends.
Publisher: Coingape
Sentiment: Positive
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Positive
cover-imageBeInCrypto
April 7, 2025

XRP Eyes Rebound After Hitting Oversold Levels

XRP is down over 5% in the past 24 hours but is currently attempting a rebound, trying to push above the $2 level. After touching deeply oversold RSI levels earlier today, the token is showing early signs of recovery amid shifting macro headlines.

Positive
cover-imageBitcoin
April 7, 2025

XRP Price Update: V-Shaped Recovery Sparks Market Buzz

XRP is trading at $1.90 with a market capitalization of $110 billion and a robust global trading volume of $13.96 billion over the past 24 hours. Its intraday price has ranged from $1.65 to $2.05, showcasing significant volatility and liquidity in today's session.

Negative
cover-imageBitcoin
April 7, 2025

Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025

Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.

Positive
cover-imageCryptonews
April 7, 2025

Tokenized Assets to Surge to $19 Trillion by 2033: Ripple Report

According to Ripple, the tokenized assets market could reach $19.4 trillion by 2033, expanding from $1.5 trillion in 2023 as financial institutions and infrastructure providers continue to adopt digital representations of assets. The post Tokenized Assets to Surge to $19 Trillion by 2033: Ripple Report appeared first on Cryptonews.

Negative
cover-imageCointelegraph
April 7, 2025

Bloomberg analyst predicts Bitcoin could sink back to $10,000

Diving into the chaos of global markets, Bloomberg Senior Commodity Strategist Mike McGlone warns more turmoil could be on the way.In an exclusive interview with Cointelegraph, McGlone points to deepening market sell-offs, intensified by US President Donald Trump's ongoing tariff wars, and forecasts a sharp correction in crypto assets. He predicts Bitcoin could tumble to $10,000, citing excessive speculation and overvaluation within the digital asset space.

Negative
cover-imageBenzinga
April 7, 2025

XRP Down 10% In A Single Day: Is The Worst Over?

XRP's (CRYPTO: XRP) joined the broader crypto sell-off on Monday, tumbling 10% and sparking a wave of liquidations. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $1.88 $110.05 billion -8% -10.5% Bitcoin (CRYPTO: BTC) $78,338.92 $1.55 trillion -3.8% -6% Ethereum (CRYPTO: ETH) $1,552.22 $187.3 billion -8.6% -15.7% Trader Notes: Crypto analyst Oscar Ramos shared his take on the current market chaos, noting he picked up XRP at $1.69 following its plunge to an intraday low of $1.61 — just before a modest bounce to $1.80.

Negative
cover-imageCointribune
April 7, 2025

Bitcoin: Strategy Loses 5.91 Billion In 3 Months In 2025

Strategy has just announced massive unrealized losses of $5.91 billion on its bitcoin holdings in the first quarter of 2025. In a recent 8-K filing with the SEC on April 7, 2025, Michael Saylor's company highlights the brutal impact of macroeconomic conditions on its accumulation strategy.

Negative
cover-imageThe Motley Fool
April 7, 2025

Bitcoin, Ethereum, and Dogecoin Collapse Continues

The crypto market continued to collapse on Monday as a hoped-for reprieve from President Trump's tariffs has failed to materialize. While the stock market has recovered some of its decline, crypto continues to be in the red across the board.

Positive
cover-imageCrypto Economy
April 7, 2025

Ripple Forecasts Explosive Growth in Tokenized Markets by 2033

TL;DR Ripple and Boston Consulting Group estimate that the tokenized assets market will grow from $0.6 trillion to $18.9 trillion by 2033, with an annual expansion of 53%. XRP and the stablecoin RLUSD are Ripple's key tools to facilitate operations in this market, with daily volumes reaching up to $150 million.

Negative
cover-imageCointelegraph
April 7, 2025

Bitcoin, stocks crumble after ‘90 day tariff pause' deemed fake news — BTC whales keep accumulating

Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs.However, the SPX momentarily rallied by 6% after a rumor began to spread on X that US President Donald Trump was contemplating a 90-day tariff pause.

Negative
cover-imageCrypto Economy
April 7, 2025

Bitcoin Miners Are in Trouble: Tariffs, Trade War, and Hashpower

TL;DR Bitcoin mining stocks like MARA, RIOT, and CLSK dropped more than 10% due to regulatory pressure and record-level competition. New U.S. tariffs are driving up the cost of mining equipment imported from China, increasing operational expenses after the halving. Bitcoin's computing power reached 1 ZH/s and hashprice fell to $42.40, drastically reducing profit margins.

Negative
cover-imageBenzinga
April 7, 2025

Peter Schiff Says Trump's Tariffs Are 'Dumber Than A Strategic Bitcoin Reserve'

Bitcoin (CRYPTO: BTC) critic Peter Schiff has resurfaced with a fresh round of criticism, targeting both Ethereum (CRYPTO: ETH) and Donald Trump's economic policies as markets are reeling from a steep sell-off. What Happened: In an X post on Monday, Schiff pointed out that Ethereum had dropped below $1,500 for the first time in over two years, briefly touching the $1,400 range.

Negative
cover-imageCryptonews
April 7, 2025

Bitcoin ETFs Record $172 Million in Weekly Outflows after a Two-Week Inflow Streak

A notable shift in investor sentiment has led to $172.89 million in net outflows from the 12 Spot Bitcoin ETFs in the U.S., abruptly ending a two-week streak of inflows that had amassed nearly $941 million. Grayscale's GBTC was the primary driver of this reversal, accounting for $95.5 million of the outflows over the past week. The post Bitcoin ETFs Record $172 Million in Weekly Outflows after a Two-Week Inflow Streak appeared first on Cryptonews.

Negative
cover-imageBitcoin
April 7, 2025

Bitcoin Headed Back to $10K? Bloomberg's Mike McGlone Thinks So

Bloomberg Intelligence's senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency. Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto's vulnerabilities amid turbulent macroeconomic crosscurrents.

Negative
cover-imageBenzinga
April 7, 2025

Why Is XRP Down Today? Trump's Trade War Triggers Sell-Off As Price Hits Five-Month Low

XRP (CRYPTO: XRP) plunged to $1.65 on Monday, its lowest price since November of last year, as investors fled crypto markets amid escalating global trade tensions sparked by U.S. President Donald Trump's newly imposed tariffs. The so-called "Liberation Day" tariffs, issued April 2, introduced sweeping duties on imports from China, Canada, and Mexico—including a 20% tax on Chinese goods and 25% on steel and aluminum.

Negative
cover-imageCoingape
April 7, 2025

Peter Schiff Predicts Ethereum Price To Drop Below $1,000, Compares It To Bitcoin And Gold

Bitcoin critic Peter Schiff has revealed grim predictions for the Ethereum price, tipping the second-largest cryptocurrency to see new lows. Schiff says the broader selloff affecting Ethereum will worsen in the coming days and can push prices below $1,000 Peter Schiff Sees Ethereum Price Tumbling Below $1,000 As the market reels from the bloodbath over

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