Trump showed the world his âbeautifulâ tariffs yesterdayâinterestingly, they leave out Canada and Mexicoâand the markets reacted downwards.
On paper, China had it worse. But it must have hurt Israelâs Netanyahu to scrap off all tariffs to the US a day beforeâonly to get slapped with 17% tariffs. Ouch.
đMarket Watch Post Tariffs
đOnlyFans and HBAR Team for TikTok
đSolanaâs Reinvention
đJustin Sun Depegs Stablecoin
To todayâs stories ==>
Bitcoinâs rollercoaster week took another stomach-churning dip as President Trumpâs sweeping reciprocal tariffs sent shockwaves through global markets.
Mixed signals had the coin flirting with a two-week high of $89K before retracing to as low as $81K
The broader crypto market felt shocks, tooâmore than $450 million in futures liquidations rattled traders on both sides of the bet.
Yet, the sell-off wasnât just cryptoâs problem.
Wall Street futures plunged after-hours, with tech bellwethers like Apple and Amazon shedding up to 7%.
Gold Chart || TradingView
Meanwhile, gold hit another record high as investors scrambled for safe-haven assets. Trumpâs tariffsâranging from 10% on general imports to a staggering 50% on select Chinese goodsâsent Asian equities tumbling and sparked renewed fears of a yuan devaluation.
For Bitcoin miners, the policy shift is more than a market scare. Higher costs for ASIC hardware, mostly sourced from China, could squeeze U.S. mining profitability.
However, some analysts see a silver lining: less efficient miners may exit, lowering network difficulty and improving margins for more prominent players.
XRP traders are also on edge. A looming head-and-shoulders pattern threatens a major breakdown unless bulls push the price above $3.
Meanwhile, Rippleâs USD-pegged stablecoin RLUSD is gaining âmore demand than anticipatedâ, with over $100 million issued since April 1.
With tariffs in play and uncertainty rising, the crypto market faces a new test of resilience. Will Bitcoin reclaim its bullish footing, or is this just the beginning of a prolonged shakeout?
Stay tunedâthis cycle is anything but predictable.
TikTokâs ownership drama has taken an unexpected crypto twist.
OnlyFans founder Tim Stokely and the HBAR Foundation, the non-profit behind the Hedera blockchain, have teamed up to bid for the wildly popular social media platform.
According to Reuters, their bid was formally submitted to the White House. ByteDance faces an April 5 deadline to sell or risk a U.S. ban.
A Web3-powered TikTok where creators and communities earn directly from their content, challenging Big Techâs ad-driven revenue model.
Stokelyâs new startup, Zoop, and HBAR say they aim to âdisrupt the traditional big tech model where platforms capture up to 90% of revenue while creators get a fraction.â
But the competition is fierce. Amazon has also reportedly entered the fray, adding serious firepower to the bidding war.
While itâs unclear how competitive Zoop-HBARâs offer is financially, the consortium of investors backing the bid suggests there's real interest in a blockchain-powered alternative to TikTokâs current structure.
HBAR, Hederaâs native token, has barely budged on the news, ticking up just 1.5% in the last 24 hours.
Whether TikTokâs next chapter will be written on-chain or in Big Techâs walled gardens remains to be seenâbut if this pulls through, it could very well be SocialFiâs heaven.
Solanaâs red-hot memecoin frenzy is cooling, but that doesnât mean the chain is fading.
The network, which saw a speculative explosion in Q1, has entered a quieter phase of ârecomposition,â shifting from meme-driven hype to real-world utility.
Network fees have plummeted 97% from their January peak, and transaction volumes have followed suit.
Even pump.fun, the playground for degen traders, is showing fatigue.
Its latest attempt is a feature that allows traders to âapeâ into coins and pay laterâa move watchers are interpreting as desperate clutches for numbers.
In place of meme mania, new protocols are proving that blockchains are indeed created for useful products.
Enter Zeta Marketâs trading layer Bullet, BlackRockâs tokenized $BUIDL fund, and Solana-based Zebec Networkâs crypto debit card.
Theyâre not flashy, but theyâre functional. And functionality is how you remain relevant in a fast-paced industry such as this
Meanwhile, institutions are circling. Fidelity and Franklin Templeton are advancing Solana ETF filings, institutional futures are live, and BlackRock is onboarding real-world dollars.
Validator diversity remains intact. Uptime is solid. The infrastructure is holding upâitâs just missing the speculative froth that once drove parabolic gains.
The next Solana wave may not be fueled by blind hype but by something trickier: making utility feel as irresistible as the last cycleâs chaos.
The tools are here. Now, someone just needs to turn function into fun.
Solana Analytics || Token Metrics
An overwhelming majority of lawmakers in the House Financial Services Committee voted to advance the STABLE bill to regulate stablecoins. The next step? Regulating crypto as a whole.
When tariffs boom, crypto may go downâbut you know what ALWAYS benefit from market uncertainty? GOLD. The yellow metal is riding the tariff wave to new ATHs.
Who is better positioned to scam an exchange user? A random scammer or a staff? Coinbaseâs staff was caught proving the latter.
Get meaningful insights in 10 minutes from our podcast on Apple or Spotify.
Thatâs all for today, folks.
Have a great day,
Your Friend At Token Metricsđ
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