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JPMorgan and Polymarket Align on Rising 2025 Recession Probability

Coins Legend April 5, 2025 0

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

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Bitcoin Price Watch: Bulls Eye $85.5K Breakout as Bears Hold the Line

Coins Legend April 5, 2025 0

Bitcoin is trading at $82,560 to $82,944 over the last hour with a market capitalization of $1.64 trillion and a 24-hour trading volume of $24.98 billion. Within the last 24 hours, bitcoin fluctuated between $82,497 and $84,497, signaling heightened volatility within a clearly defined intraday range. Bitcoin Bitcoin‘s 1-hour chart reflects a bearish micro-trend

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Mining Difficulty Rises 6.81% as Bitcoin Hashrate Hits Record High

Coins Legend April 5, 2025 0

Bitcoin’s hashrate reached a lifetime peak on April 5, climbing to 883 exahash per second (EH/s), a gain of approximately 21 EH/s compared to the previous record set on March 28. Bitcoin Miners Push Limits as Difficulty Hits 121.51 Trillion and Hashrate Peaks At press time, the Bitcoin network’s computing capacity is gliding at 876.24 […]

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Germany Considers Repatriating Billions in Gold From US Amid Tariff Tensions

Coins Legend April 5, 2025 0

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 statements. Trade Strains Prompt Germany to Reevaluate 1,200-Ton Gold Stash in […]

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Pectra Upgrade Offers Hope Amid Ethereum’s 2025 Struggles, Expert Says

Coins Legend April 5, 2025 0

Ethereum has underperformed compared to bitcoin and the broader cryptocurrency market, and this divergence in performance has led to frustration among ether holders and fans. An expert attributes ether’s recent price decline to the network’s focus on foundational development rather than hype-driven narratives. Ethereum Prioritizes Foundational Development Over Hype

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Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product

Coins Legend April 5, 2025 0

Securitize, the issuer behind Blackrock’s BUIDL tokenized U.S. Treasury fund, reported a record $4.17 million in dividends for March, marking the highest monthly payout among tokenized Treasury products. Since its launch, BUIDL has distributed $25.4 million, demonstrating the increasing appeal of tokenized institutional investments. Blackrock’s BUIDL Tokenized Fund Hits

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Bitpanda CEO: Trump’s Tariffs a ‘Yield War,’ Not Protectionism

Coins Legend April 5, 2025 0

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 U.S. President Trump’s tariff policies are less about protectionism or […]

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Liberation for Bitcoin From Equities?

Coins Legend April 5, 2025 0

Last week, with tariffs looming and macro uncertainty unresolved, the move upward felt more like wishful thinking than fundamental confidence. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Last Week The Question Was: Are Tariffs Priced In? […]

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US Treasury Targets Houthi Crypto Wallets, Financial Network

Coins Legend April 5, 2025 0

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has identified eight digital asset wallets used by the Houthis to transfer funds associated with their activities. OFAC also designated several individuals and entities as part of a network of Houthi financial facilitators and procurement operatives. Allegedly backed by Iran’s Islamic

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Russia Addresses US Tariff Threats as BRICS Ramps up Dollar Escape Plan

Coins Legend April 5, 2025 0

Russia called U.S. threats over BRICS currency moves serious but stressed the bloc isn’t replacing the dollar—only modernizing finance to counter monopolistic global abuses. Russia Responds to US Tariff Warnings Aimed at BRICS Currency Moves Russian Deputy Foreign Minister Sergey Ryabkov, serving as Russia’s Sherpa to the BRICS group, addressed concerns about U.S.