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Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets

Coins Legend April 10, 2025 0

President Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to

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Bitcoin Seesaws Despite Tariff Truce and Cooling Inflation

Coins Legend April 10, 2025 0

The digital asset surged to $83K late Wednesday on news of President Donald Trump’s 90-day tariff pause. But even lower inflation couldn’t curb its descent back to $79K Thursday morning Tariff Pause and Lower Inflation Fail to Steady Bitcoin’s Choppy Trading Bitcoin roared past $83K late Wednesday after President Donald Trump declared a 90-day pause […]

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Tokenized Treasury Growth Rockets 8.7% in 7 Days as Crypto Economy Stumbles

Coins Legend April 10, 2025 0

While digital currency markets have faltered, the tokenized real-world asset (RWA) ecosystem has flourished, eclipsing recent market turbulence with a 12.5% valuation climb over 30 days. Tokenized Treasury instruments, in particular, outpaced peers with an 8.7% leap across seven days. Tokenized Treasuries Hit $5.49B Tokenized Treasuries have jumped in growth over the past

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Tariffs Threaten US Bitcoin Mining as Firms Race to Import Mining Equipment

Coins Legend April 10, 2025 0

U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs. Bitcoin Miners Charter $3M Flights to Combat Trump’s Tariff Hike U.S. bitcoin miners are

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SEC Welcomes New Chair Amid Crypto-Friendly Policy Shift

Coins Legend April 10, 2025 0

The SEC welcomes new leadership as its incoming chair vows to overhaul crypto regulation, signaling a powerful pivot toward innovation, clarity, and pro-growth digital asset policies. Incoming SEC Chair Set to Reshape Priorities as Crypto Takes Center Stage The U.S. Securities and Exchange Commission (SEC) issued a statement on April 9 confirming the appointment of […]

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US Inflation Rate Plummets to 2.4% Amid Tariff Pause—What’s Next for Markets?

Coins Legend April 10, 2025 0

The U.S. inflation rate notably slipped in March, bringing the 12-month inflation rate down to 2.4% from its February standing of 2.8%. This development arrives in advance of the May Federal Reserve meeting and coincides with President Donald Trump’s announcement this week of a 90-day suspension of some tariffs. U.S. Inflation Rate Cools, Bitcoin and […]

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Ethereum and Bitcoin Recover on Tariff Pause News While Lightchain AI Presale Nears Its End

Coins Legend April 10, 2025 0

This content is provided by a sponsor. PRESS RELEASE. The rollercoaster ride of cryptocurrency markets continues as Ethereum and Bitcoin experience a notable recovery following promising developments in global trade news. The easing of tariff tensions has boosted market sentiment, encouraging a resurgence in digital assets. Meanwhile, all eyes are on another big

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Targeting the Fed: Trump’s Judicial Play Puts Jerome Powell’s Tenure on Thin Ice

Coins Legend April 10, 2025 0

As detailed in a Bloomberg report, President Donald Trump has petitioned the Supreme Court to authorize the dismissal of senior figures within two autonomous federal agencies. The report posits that such a move might carve a legal pathway for Trump to oust Federal Reserve Chair Jerome Powell, challenging long-standing norms insulating the central bank from […]

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Bitcoin ETFs Extend Outflow Streak to Five Days With $127 Million Exit

Coins Legend April 10, 2025 0

Bitcoin ETFs posted a fifth straight day of outflows, losing $127 million, led again by a major exit from Blackrock’s IBIT. Ether ETFs weren’t spared either, with $11.19 million exiting the space, pushing total net assets further below the $6 billion threshold. Outflows Persist With Significant Withdrawals on Bitcoin ETFs and Further Dips for Ether […]

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Binance Develops LDUSDT: An Asset That Lets Users Earn Rewards While Trading Futures

Coins Legend April 10, 2025 0

Binance has announced the upcoming launch of LDUSDT, a new reward-bearing margin asset designed for users of its Simple Earn USDT Flexible Products. This asset allows users to convert their subscribed USDT Flexible assets into margin assets for futures trading while simultaneously earning annual percentage rate (APR) rewards at the same prevailing rate. LDUSDT is […]