Bitcoin and altcoins continue to exhibit sudden pump and dump movements amid tariff tensions between the US and China. While investors are waiting for the tension between the two countries to end as soon as possible and for the market to stabilize, data on the US Producer Price Index (PPI) was announced today. The data disclosed is as follows: Core Producer Price Index (Monthly): Announced -0.1% – Expected 0.3% – Previous -0.1% Core Producer Price Index (YoY): Announced 3.3% – Expected 3.6% – Previous 3.4% Producer Price Index (Monthly): Announced -0.4% – Expected 0.2% – Previous 0.0% Producer Price Index (Annual): Announced 2.7% – Expected 3.3% – Previous 3.2% Bitcoin's first reaction after the incoming PPI data was as follows: *This is not investment advice. Continue Reading: BREAKING! US PPI Data Announced! What Was Bitcoin's (BTC) First Reaction?
The ongoing U.S.-China trade war is likely to bring down inflation in the U.S. economy, key sections of the financial market indicate, offering bullish cues to risk assets, including bitcoin (BTC). In his inaugural address on Jan. 20, President Donald Trump promised to “tariff and tax foreign countries to enrich our citizens," and then fired the first shot against China, Canada and Mexico on Feb. 1. Since then, the trade tensions have escalated to such an extent that as of writing, the U.S. and China have imposed retaliatory tariffs on each other in excess of 100%. Tariffs increase the cost of imported goods, which are then passed on to the consumer and could lead to higher general price level in a consumption-driven economy like the U.S. Consequently since the trade war broke out, markets have been worried about a tariffs-led resurgence in the U.S. inflation, with the Fed adding to those concerns through its stagflationary economic projections last month. Stagflation, representing a combination of low growth, high inflation and joblessness, is seen as the worst outcome for riskier assets. Bitcoin, therefore, has dropped nearly 20% since early February, alongside broad-based risk aversion on Wall Street that has seen investors concurrently dump stocks, bonds and the U.S. dollar. Breakevens suggest disinflation However, market-based measures of inflation, such as the breakevens, suggest tariffs could be disinflationary over the long run. In other words, the Fed might be wrong in fearing stagflation and will soon have a leeway to cut rates. Inflation breakevens the yields on traditional Treasury bonds with the yields on Treasury Inflation-Protected Securities (TIPS). The five-year breakeven inflation rate peaked above 2.6% in early February and has since dropped to 2.32%, according to data tracked by the Federal Reserve Bank of St. Louis. The 10-year breakeven rate has dropped from 2.5% to 2.19%. Meanwhile, the Federal Reserve Bank of Cleveland's expected two-year inflation has held at around 2.6%. One time cost According to observers, the impact of tariffs, viewed as a one-time cost adjustment, relies on the reactions of other macroeconomic variables and tends to be disinflationary in the long run. When producers pass the tariff increase onto consumers, inflation levels rise. However, if there is no corresponding increase in income, consumers are compelled to reduce their consumption. This reduction can lead to inventory build-up and ultimately contribute to a decline in the prices of goods and services. "Since the days of Smoot-Hawley, Tariffs have never been inflationary. Rather they are Deflationary and "stimulative themselves". Moreover, the disinflation shown in these charts will help encourage the Fed to soon ease as well. The Calvary is coming!," Jim Paulsen, author of the Paulsen Perspectives newsletter and a Wall Street veteran with four decades of experience, said on X . A paper published by American economist Ravi Batra in 2001 made a similar observation, saying , "Tariffs in the US were never associated with rising prices, and trade liberalization with declining prices. High tariffs were always followed by sharp drops in the cost of living. tariffs produce inflation only in nonmarket or ualistic developing economies, but not inadvanced economies." All things considered, the recent financial market turbulence likely resulted from growth fears rather than inflation. The bull could soon reemerge in anticipation of a dovish stance from the Federal Reserve.
There have been multiple Dogecoin developments in the past week that have set it on a path to a price surge that could potentially see it reach new peaks . These developments range from general improvement in market sentiment to adoption into payment systems, and the long-waited exchange-traded funds (ETFs). As these developments swim into the light, the Dogecoin price could be preparing for a major uptick. Major Developments Keeping DOGE Afloat With the bear market rocking investors, the adoption of cryptocurrencies as payment systems has slowed and Dogecoin has not been left out. However, a major development has seen DOGE join the ranks of top cryptocurrencies that are now being accepted by the World Food Program in the United States. The announcement by the World Food Program came on Tuesday in light of a partnership with The Giving Block. This partnership would allow the charity organization to accept cryptocurrency payments, using over 80 different cryptocurrencies. These include the likes of Bitcoin, Ethereum, and stablecoins such as USDC, and DOGE as well. The significance of this partnership is that it allows the World Food Program to access donations in previously inaccessible territories. Dorota Amin, the Chief Philanthropy and Partnerships Office said, “In the face of record-breaking need and shrinking resources, we must do more than ask – we must adapt.” Another major development for DOGE is the 21Shares announcement of an upcoming Dogecoin ETP launch . 21Shares penned a partnership with the Dogecoin Foundation to launch an ETP. Furthermore, US President Donald Trump has announced a 90-day pause on the tariffs placed on countries worldwide, with the exception of China. This news has been incredibly bullish for the market and the Dogecoin price has already seen a 10% uptick following the announcement. With no new tariffs expected to be announced for the next three months, it gives the crypto market time to recover completely and create support. By extension, the Dogecoin price could greatly benefit from this without the constant fear of a crash triggered by more tariff news . Dogecoin Price Jump To $1? The Dogecoin price is currently sitting 79% below its all-time high of $0.73, meaning it still has an 800% rally to reach previous highs. Going further than this, a 900% surge could send it to the $1 territory. Nevertheless, expectations remain that DOGE will hit this major level. According to crypto analyst Crypto Jack, the Dogecoin price still has a lot of support at $0.1 , and the next major resistance is sitting just below $0.6. This already puts it on the path to a new all-time high. Featured image from Dall.E, chart from TradingView.com
Three of the biggest names in crypto— Solana , Ethereum , and Bitcoin (BTC) —are flashing signs of strength as Q2 kicks into gear. Momentum is building across these charts, and long-term holders are eyeing the possibility of major moves ahead. While these giants anchor portfolios, savvy investors are also exploring fresh opportunities like MAGACOINFINANCE , which continues to gain early traction. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – Early Entry. Clear Vision. High Demand. What’s happening with MAGACOINFINANCE isn’t luck—it’s structure. Built on a retail-only model with no private rounds or early unlocks, it’s giving everyday traders a rare, clean shot at a strong early-stage position. The MAGA50X offer is still live, delivering a 50% bonus on all token purchases. This deal ends once the final allocation is reached—there are no second chances. Wallets are growing, community support is surging, and interest is rising with every phase. With a capped supply of 100 billion tokens , this project is setting up to be one of the few truly fair launches of 2025—and traders are locking in before the rest of the market catches on. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CODE MAGA50X TON, ADA, XRP, and SUI Stay in Motion TON is expanding user-friendly blockchain tools. Cardano (ADA) continues rolling out technical updates and governance features. XRP is regaining global attention for cross-border solutions. SUI is positioning itself as a next-gen development platform. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH Conclusion As momentum builds for Solana , Ethereum , and Bitcoin (BTC) , foundational networks like TON , ADA , XRP , and SUI remain steady players. And for early-stage investors looking to catch the wave before takeoff, MAGACOINFINANCE might be the strongest setup available right now. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Solana, Ethereum, and Bitcoin (BTC) Look Ready for Lift-Off
Despite growing hopes that a potential U.S. recession could eventually lift Bitcoin’s price, analysts are warning crypto investors not to get ahead of themselves. In a research note released on April 11, Markus Thielen, head of research at 10x Research, cautioned that it’s too early to expect a bullish surge, even as economic signals begin to point toward deeper cracks in the system. “Credit spreads are widening again,” Thielen wrote, flagging it as a red flag that “recessionary concerns may be seeping deeper into the economy.” For crypto enthusiasts hoping that monetary easing will pump Bitcoin’s price, Thielen’s message was clear: not yet. Historically, Bitcoin has shown mixed reactions during moments of economic uncertainty. While long-term inflation hedges and liquidity expansions can work in its favor, Thielen explained that the first signs of recession — such as a Fed rate cut or a surprise currency devaluation — tend to rattle the market before helping it. “When China devalues or the Fed makes its first cut, Bitcoin often sells off initially,” he said. “It’s a reaction to confirmed economic weakness, not strength.” Traders Wait on Fed On April 10, David Sacks, a senior advisor on crypto and AI policy at the White House, echoed calls for monetary easing, noting the core Consumer Price Index had its smallest annual increase since March 2021, at 2.8%. Still, traders are cautious — CME’s FedWatch Tool places the odds of no rate cut in May at nearly 65%. For now, Bitcoin’s path forward is less about optimism and more about navigating turbulence. According to Thielen, when credit spreads start widening on a year-over-year basis — as they are now — Bitcoin historically faces increased selling pressure and longer recovery timelines. Adding to the uncertainty is the US Dollar Index (DXY), which has dropped nearly 3% over the past five days. In a post on X, The Kobeissi Letter summed it up bluntly: “The US dollar has exited the room. Once again, something is broken.” Still Room for Hope — Just Not Now While the current signals suggest caution, there remains optimism on the horizon. BlackRock’s head of digital assets, Robbie Mitchnick, recently said a recession could end up being a “big catalyst” for Bitcoin — just not in its early stages. “Bitcoin may thrive in a recession,” Mitchnick noted, “but that depends on when and how it hits.” For now, it seems crypto’s next bullish chapter may still be waiting in the wings. The post Bitcoin Recession Playbook: Opportunity or Illusion? appeared first on TheCoinrise.com .
PANAMA CITY, April 11, 2025 /PRNewswire/ — BingX , a global leading cryptocurrency exchange, is excited to announce the BABY token has been added to its Xpool feature. Starting April 7 at 10:00 (UTC) through April 14 at 10:00 (UTC), BingX users can stake USDT in Xpool to share a total reward pool of 50,000 BABY Points. Participants can redeem BABY Points at a 1:1 ratio for BABY tokens, providing early access to Babylon’s Bitcoin staking protocol without the need to lock actual BTC, ahead of BABY’s official spot listing and perpetual futures trading on April 10. BABY is the governance and utility token of Babylon, a protocol that allows native Bitcoin staking without bridging or wrapping BTC. The token powers validator delegation, governance functions, and staking incentives. Its addition to X-Pool reflects BingX’s continued focus on providing access to promising early-stage projects through simple and flexible mechanisms. By staking USDT in Xpool, BingX users gain a passive income opportunity tied to the growth of Bitcoin staking activity on Babylon. This is especially useful for those who want to participate in emerging staking models without the complexity of running nodes or interacting directly with smart contracts. Xpool ensures a streamlined process with no lock-up requirements and real-time reward tracking. “Our users have been asking for more diverse and meaningful token options in Xpool. With BABY, we are offering them exposure to a unique staking protocol built specifically for Bitcoin holders”, said Vivien Lin , Chief Product Officer of BingX. “You don’t need to be a validator or bridge assets to benefit as you can just stake USDT through Xpool and start earning. It is simple, efficient, and designed with user control in mind.” Adding BABY to Xpool strengthens BingX’s position as a flexible platform for low-barrier token engagement. The BABY Xpool campaign bridges trending DeFi utilities with a centralized, user-friendly experience to support novel protocols like Babylon while rewarding users who move early. About BingX Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports. For more information users can visit: https://bingx.com/
The post Japan’s Crypto Regulations Update: New Rules for Bitcoin, Ethereum & Utility Tokens appeared first on Coinpedia Fintech News Japan’s Financial Services Agency (FSA) in a latest discussion paper has proposed updates to crypto regulation. It plans to divide digital assets into two categories so that it could be regulated better and aims to make crypto rules more effective and easier to apply. The agency demands public feedback on the proposal before finalizing it and is open to opinions and suggestion until May 10, 2025. Two-Tier System It has proposed a two-tier system based on how funds are distributed. Under Type 1 are the tokens used for business or in raising funds for the parent project. This also includes altcoins from budding projects that still need funding to grow. Some utility tokens fall into this category. Under Type 2 are the more established and decentralized tokens like Bitcoin and Ethereum that do not issue tokens to raise funds for their Business. The assets are subject to different set of regulations based on which category they fall, suiting different features. Type 1: Focus On Disclosure The FSA emphasized that for Type 1 crypto assets (which are used for business or fundraising), the projects have to clearly explain their plan to use the raised funds. The goal is to protect investors by ensuring that there is more transparency and accountability in the projects. Therefore the Type 1 token issuers would need to disclose in details about the purpose, project details and the risks associated in investing. They are also expected to follow FSA rules, including regular disclosure requirements. Once the Type 1 crypto assets gain large number of investors, then the projects will be evaluated to check if they could be subject to security token regulations. The FSA will not be dealing directly with the issuers of Type 1 crypto projects as it’s hard to identify a specific issuer. The Financial Services Agency stated that “with regard to type 1 cryptoassets, there is a strong need to eliminate the information asymmetry between issuers and users regarding the purpose of use of the raised funds and the content of the project, etc.” Type 2 to be Regulated Through Exchanges It plans to regulate Type 2 crypto assets through crypto exchanges. Exchanges need to report major price fluctuations that could impact the market. The committee also plans to continue reviewing while considering the public feedback and how other countries are regulating crypto. The paper outlines key financial issues focusing on disclosures, business conduct, guidelines for entering the market and prevent inside trading. However it does not touch upon crypto taxes. Japan’s Changing Stance on Crypto Japan, which once used to be more restrictive, is now changing its stance towards crypto. In a major move, the regulators are also considering lifting the ban on crypto ETFs which has sparked excitement in the community. The agency also aims to revise the Financial Instruments and Exchange Act by 2026, where cryptocurrencies will longer be viewed as just payment tools, instead its own financial product category. Will Type 1 tokens be treated like securities? After a Type 1 project gains large number of investors, then the projects will be evaluated to check if they could be subject to security token regulations. Who will regulate Type 2 assets like Bitcoin? The FSA will regulate Type 2 crypto assets through crypto exchanges and also requires the platforms to report major price fluctuations that can impact the market.
Friday is witnessing a surge in the crypto market. Bitcoin is around 4% up so far, and some of the leading altcoins are really outperforming. $SOL, $KAS, and $SONIC are among the leaders. $SOL nudges through descending trendline Source: TradingView The $SOL price can be seen to just be nudging its way through the descending trendline that goes all the way back to the $294 all-time high in mid-January of this year. The last-ditch support at $94 was retested by a candle wick, and how the price is settling above the $112 horizontal support. If the bulls can maintain this surge and force the price through the trendline, the very tough $122 resistance is only just overhead. $SOL close to a definitive breakout Source: TradingView Zooming out into the weekly timeframe, it can be noted just how close to a definitive breakout, and a change in trend, that the $SOL price is. The Stochastic RSI at the bottom of the chart has the blue indicator line crossed above the orange, so once these rise up, upside price momentum will not be far off. $KAS breaks out Source: TradingView The $KAS price has broken through the descending trendline. Also, it is not that far from making a higher high at $0.083. If it does so, the path is clear to the major resistance step at $0.10. $KAS forming a W bottoming pattern Source: TradingView As is the case for $BTC , the $KAS price is forming a W bottoming pattern. If this pattern plays out for Bitcoin, it might be imagined that it would also occur for $KAS. Two potential W patterns for $SONIC Source: TradingView The $SONIC price has been up as much as 23% so far on Friday, although it has dipped back down to around 15% currently. Looking at the daily chart above, it can be seen that there is a W pattern forming on a horizontal as well as an angled plane. If the $SONIC bulls can push the price up above $0.35, and then $0.43, there is not much resistance until $0.70. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Experts warn that premature optimism about the impact of a possible recession on the value of the leading cryptocurrency may be unfounded. 10x Research head of research Markus Thielen noted in an April 11 report that credit spreads continue to widen, indicating increased economic concerns. A widening of credit spreads is an increase in the difference between the yields on corporate bonds and government securities, which usually indicates increased risk in the economy. When investors demand a higher risk premium, it often portends slower economic growth or a recession. ”It is too early to expect bullish momentum,” the analyst emphasized. Short-term challenges amid long-term opportunities While the long-term effects of the recession could be positive for bitcoin due to the monetary easing that usually follows a rate cut by the US Federal Reserve, Thielen warned of possible difficulties before the cryptocurrency finds positive momentum. ”Bitcoin usually falls first when China devalues the yuan or the Fed cuts rates, as the first decline may not be as significant and also confirms the weakness of the economy,” Thielen explained. White House adviser on cryptocurrencies and artificial intelligence David Sacks announced on April 10 on Platform X that ”it's time for a rate cut” after the core consumer price index rose 2.8 percent year-over-year for March, the lowest since March 2021. The Chicago Mercantile Exchange's FedWatch tool shows a 64.8% probability of no rate cut at the Federal Open Market Committee's May meeting of the Fed. Historical patterns and current trends Traders typically view falling interest rates and expanding money supply as factors positively impacting asset prices, especially bitcoin and other cryptocurrencies. However, Thielen noted that historically, when annualized credit spreads ”start to widen,” bitcoin often faces additional selling pressure and takes longer to recover. ”This pattern indicates that while there may be opportunities in the long term, bitcoin will continue to be under pressure in the near term,” Thielen said. He added that currency devaluations have also historically had a negative impact on markets in the short term before becoming positive in the long term. These observations come amid growing concerns among market participants about a weakening U.S. dollar. The U.S. Dollar Index (DXY) stands at 100.337, marking a drop of 2.92% over the past five days, according to TradingView. Analyst resource The Kobeissi Letter wrote on April 10 on Platform X: ”The U.S. dollar has left the room. Something broke again.” Meanwhile, BlackRock's head of digital assets Robbie Mitchnick said in late March that bitcoin would thrive in a recession. ”I don't know if there will be a recession or not, but a recession would be a powerful catalyst for bitcoin,” said Mitchnick. Economic uncertainty and a weakening dollar create a challenging backdrop for the cryptocurrency market. Bitcoin's long-term prospects remain positive, but investors should be prepared for possible volatility in the near future.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the listing of three new tokens: Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL), following the completion of its second “Listing Vote” event and subsequent due diligence review. Binance to List Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL) Following Voting Results Trading of the new assets will be enabled on April 11, 2025, at 14:00 UTC, with spot trading pairs in both USDT and USDC. New Spot Trading Pairs ONDO/USDT ONDO/USDC BIGTIME/USDT BIGTIME/USDC VIRTUAL/USDT VIRTUAL/USDC Deposits for the new tokens are now open and withdrawals will begin at 14:00 on April 12, 2025. Binance has waived listing fees for these assets. These tokens were previously available on Binance Alpha, the exchange’s experimental token market, but will be removed from Alpha once they are listed on the main spot market. Users are encouraged to transfer their assets from Binance Alpha to their Spot Accounts. All three tokens will be listed with a Seed Tag, indicating that they represent innovative projects with higher volatility and risk. Binance applies Seed Tags to newly launched or early-stage crypto projects to ensure users are more vigilant. Ondo (ONDO) Ondo is a decentralized investment banking protocol designed to offer financial products on-chain. The platform aims to bridge the gap between traditional finance and decentralized finance (DeFi) by providing structured products and tokenized real-world assets. Big Time (BIGTIME) Big Time is a free-to-play massively multiplayer role-playing game (RPG) that combines fast-action combat with blockchain-based asset ownership. Players can explore vast virtual worlds, collect NFTs, and participate in in-game economies. Virtuals Protocol (VIRTUAL) Virtuals Protocol is an artificial intelligence (AI) platform that enables the creation of co-owned, human-curated, plug-and-play gaming AIs. The project aims to redefine gaming experiences by integrating advanced AI companions into virtual environments. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces Results of Second Listing Voting Event! Decided to List Three New Altcoins!