Jumat, 11 April 2025

👀 Stocks Give Up Tariff Gains After CPI, Adam Back on Trump Tariffs, USDT Moves with Bitcoin


Bitcoin faces a bold $10K prediction from Bloomberg, while CZ steps into a new advisory role in Pakistan's crypto scene.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

👀 Stocks Give Up Tariff Gains After CPI — Will Whales Step In?

📺 YouTube: Adam Back on Trump Tariffs

🆒 USDT Moves with Bitcoin

📰 Keep reading for today's biggest headlines & stories

Bitcoin, stocks shun CPI print win and give up tariff relief gains — Will BTC whales save the day?

Bitcoin and stocks drop, brushing off a positive CPI print that shows declining US inflation.

Bitcoin BTC$79,800 price failed to hold its weekly open gains on April 10 as US stocks ignored positive inflation data.

Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility ticking higher around the release of the March Consumer Price Index (CPI) numbers.

These numbers came in broadly below expectations, revealing slowing inflationary forces despite mass-market disruption due to US trade tariffs.

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Adam Back on Trump Tariffs and Why This Is a Good Time to Buy Bitcoin

In this exclusive interview at Paris Blockchain Week, Blockstream CEO Adam Back discusses Bitcoin's resilience in the face of global economic uncertainty, including the impact of Trump's recent tariffs. Despite short-term volatility, Adam explains why he believes the Bitcoin bull market is still in play, highlighting key factors like institutional adoption, ETF approval, and ongoing regulatory clarity.

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How USDT mints and burns move with Bitcoin price cycles

A look into Tether's USDt minting and burning patterns suggests the stablecoin may still be one of Bitcoin's most sensitive pressure gauges.

Over the past decade, issuance of Tether's USDT$0.9994 has consistently mirrored Bitcoin BTC$79,855 price cycles, with mints often clustering around bull runs and burns following corrections.

Data from Whale Alert shows the relation between USDT issuance and Bitcoin price movements by plotting Tether's net minting and burning alongside the price of Bitcoin from 2015 to early 2025.

Tariffs, capital controls could fragment blockchain networks — Execs

Escalating geopolitical tensions threaten to balkanize blockchain networks and restrict users' access, crypto executives told Cointelegraph.

On April 9, US President Donald Trump announced a pause in the rollout of tariffs imposed on certain countries — but the prospect of a global trade war still looms, especially because Trump still wants to charge a 125% levy on Chinese imports.

Industry executives said they fear a litany of potential consequences if tensions worsen, including disruptions to blockchain networks' physical infrastructure, regulatory fragmentation, and censorship.