Arthur Hayes thinks Bitcoin is finally breaking out of its relationship with the Nasdaq. And he’s blaming it on Donald Trump’s new tariffs. The BitMEX founder went off on X, saying: “$BTC hodlers need to learn to love tariffs, maybe we finally broke the correlation with Nasdaq, and can move onto the purest form of a fiat liquidity smoke alarm.” For the past few years, Bitcoin has been glued to the Nasdaq 100, dancing to the same beat as tech giants. But on Friday, the coin went up 1%, hovering near $83,300, while the Nasdaq 100 tanked for the second straight day. This wasn’t a slow drift—it was a real-time break-up. All triggered by Trump’s tariffs announced late Wednesday, a move that’s now burning through global markets like wildfire. Trump’s tariff war knocks out stocks and bonds According to Arthur, this isn’t just about short-term market noise. He called it the “end of US Treasuries” and a partial collapse of U.S. stocks as global reserve assets. He pointed out how U.S. Treasury debt has ballooned 85x since Nixon killed the gold standard in 1971. That explosion, Arthur said, only helped part of the population. The rest got screwed. “Trump was elected on average by those who believe they didn’t share in the US ‘prosperity’ of the last 50 years,” he wrote . The math is brutal. Kill the U.S. current account deficit, and foreigners stop getting dollars. No dollars means no foreign buyers for bonds or stocks. So what happens? Countries start dumping their U.S. assets to feed their own nation-first plans. Arthur said even if Trump pulls back on tariffs, no global leader will trust him again. “You must do what is best for your country.” Meanwhile, China retaliated fast, within 48 hours, setting off what now looks like a feedback loop. The S&P 500 Index fell 6% in two days, a drop not seen since the start of COVID in March 2020. That erased $5 trillion in value. The Nasdaq 100 cratered more than 20% from its mid-February peak. Stocks tanked across Asia, Europe, and emerging markets. The bond market got slammed too, as traders rushed into government bonds hoping for safety. Fed Chair Jerome Powell didn’t help. He said this trade mess would slow growth and raise inflation, which could make rate cuts a lot harder. That freaked traders out more. They dialed back expectations for relief, and the markets fell even harder. No one’s expecting a fast recovery from this. Not with tariffs rewriting the rules of the game. Bitcoin holds steady while gold sneaks back into play Back in the crypto market, things looked a lot calmer. Even during the storm, Bitcoin didn’t crash. And according to Arthur, this is just the start. He said gold is about to make a serious comeback too. “The return of gold as the neutral reserve asset,” he wrote. Not because the dollar’s going away—but because gold is tariff-exempt. And governments want something they can use to settle global trade without getting slapped by Trump’s mood swings. Arthur also said a lot of rich folks are in denial, thinking things will “return to normal.” He called that “poppycock.” His advice? If you want to live in this new world, buy gold, gold miners, and Bitcoin. Simple as that. He’s not the only one seeing the shift. Bohan Jiang from Abra echoed the same vibe. He said that with Bitcoin outside the tariff war, and with the U.S. pushing de-dollarization through its policies, the crypto space might not be as volatile as everything else. Arthur finished his post with another grenade: “My next essay will focus on why USDCNY is going to 10.00 bc there is no way that Xi Jinping will agree to change China in the ways necessary to placate Trump. This is the super bazooka $BTC needs to ascend rapidly towards $1 million.” Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The past decade has seen the concept of ‘digital privacy’ emerge as both a fundamental right as well as a technological challenge, especially as blockchain’s transparency revolution has made transactions (taking place on public networks) permanently visible for anyone to see. However, crypto’s privacy landscape hasn’t always been like that with numerous changes having come about since the early days of Bitcoin. What began as pseudonymous transactions on public ledgers has transformed into a sophisticated toolbox of technologies designed to protect user identity and transaction details. In this regard, among the many innovations that have permeated this space recent;y, zero-knowledge proofs (ZKPs) have stood head and shoulders above the rest of the fray, offering users the perfect balance between individual anonymity and transparency. Deciphering the ongoing ZKP revolution In layman's terms, ZKPs can be thought of as cryptographic tools allowing one party to prove to another that a statement is true without revealing any additional information beyond the validity of the statement itself. Imagine a ‘Where's Wally’ picture covered entirely by paper, except for a small cutout showing Wally himself. This effectively proves Wally exists in the picture and that the transactor knows his location without having to reveal the coordinates to anyone else. This is essentially how ZKPs function alongside other complex mathematics, including elliptic curves and polynomial operations, that take place behind the scenes. Now, in the context of complex blockchain operations, these proofs enable transactions that can hide crucial details like sender, receiver, and amount while still verifying the transaction's validity. In fact, the network can confirm that no new tokens were created and all accounting rules were followed without seeing any confidential data. However, what makes ZKPs particularly revolutionary is their ability to provide privacy without sacrificing security. Unlike earlier privacy solutions that often involved trade-offs, they leave no trace while maintaining the full security guarantees of the blockchain — enabling innovations like Ethereum's zk-rollups (zkSync, StarkNet), which use similar principles to improve scalability by processing batches of transactions efficiently. Amidst this growth, SilentSwap has emerged as a solution helping bring the concept of ‘selective transparency’ to the masses. Built atop the Secret Network, SilentSwap inherits the latter’s commitment to privacy by default, offering users a seamless way to conduct confidential cross-chain transactions without having to face various transparency issues associated with regular blockchain interactions. To this point, the platform offers users two distinct privacy modes, namely Semi-private and Max Privacy, based on their specific needs — all while enforcing little to no KYC requirements during the sign up process. Furthermore, the platform's digital architecture has been conjured in a way such that when users connect their wallet and initiate a swap, they can maintain complete control over their assets throughout the process. Transactions typically complete within 5-20 minutes, depending on network conditions and the chosen privacy mode. Last but not least, SilentSwap supports a myriad of tokens across eight major blockchains, combined with the ability to distribute tokens to up to 16 destination wallets in a single transaction. Security without compromise As the crypto landscape continues to mature, striking a balance between transparency and privacy will remain a pertinent point of contention for many, especially as more and more people continue to flock toward this space. In this regard, SilentSwap represents a significant step forward. With a promotional fee of just 0.5% per swap and developed under the leadership of industry innovator Shibtoshi, the platform's combination of privacy, security, and user-centric design offers up a vision that shows confidentiality doesn't have to come at the expense of functionality or compliance. Looking ahead, the development team aims to offer scalable and customizable decentralized privacy solutions tailored to the needs of businesses and large investors. The forthcoming V2 iteration plans to expand SilentSwap’s capabilities by incorporating support for additional prominent blockchains, including Bitcoin and Solana — enabling users to conduct private transactions across a more extensive range of assets. 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.
As Ripple (XRP) pushes toward the ambitious $10 mark, attention is rapidly shifting to early-stage contenders with even more upside. While XRP remains a market staple, traders are closely watching MAGACOINFINANCE, a project with the kind of early momentum and tokenomics that could surpass expectations and deliver far greater returns. Bitcoin (BTC), Ethereum (ETH), and XRP Traders Turning to MAGACOINFINANCE While Bitcoin (BTC) and Ethereum (ETH) anchor most portfolios, and XRP continues attracting institutional buyers, there’s a clear trend forming—crypto veterans are turning to MAGACOINFINANCE for real multiplier potential in 2025. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – THE MOST TALKED-ABOUT PRESALE THIS YEAR Unprecedented Growth Potential MAGACOINFINANCE has now raised over $5.3 million, with demand surging thanks to its limited 100 billion token supply. With growing traction among early adopters and price stages advancing quickly, it’s being positioned as a breakout asset in the making. Use MAGA50X and Unlock 3,782% ROI With a 50% BONUS With a current price of $0.0002704 and a listing target of $0.007, MAGACOINFINANCE offers a base 2,488% ROI, or 25.88x return. Apply promo code MAGA50X, and the effective price drops to $0.0001803, boosting your potential to 3,782% ROI, or a 37.82x return. That’s enough to turn even modest entries into meaningful wins. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X SOL, TON, XLM, and AVAX: Active Leaders, But MAGACOINFINANCE Is the Star Solana (SOL) trades at $125.88, leading in speed and scalability.Toncoin (TON) is priced at $5.49, gaining from Telegram’s support.Stellar (XLM) sits at $0.123, still a player in global remittances.Avalanche (AVAX) holds at $45.92, advancing with strong developer tools. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 3 Altcoins Analysts Say Could Flip $1K Into $100K: XRP, Solana, and Bitcoin (BTC)
As bitcoin cements its dominance in crypto markets, a Kaiko Research report indicates 2025 may prioritize strategic altcoin investments over widespread rallies, reshaping investor approaches. Strategic Altcoin Picking to Eclipse Broad Rally in 2025, Kaiko Report Suggests The era of broad altcoin rallies may be fading as 2025 shapes up to favor strategic picks over
New data from the Federal Reserve shows the most affluent Americans own a staggering portion of the country’s national wealth. In an update, the Fed says that the wealthiest 10% of Americans have accumulated $107.794 trillion in assets and entitlements as of the last quarter of 2024. Data shows the 50% to 90% cohort now holds $48.54 trillion, while the bottom 50% have just $4.01 trillion in wealth. The top 0.1% are worth a total of $22.14 trillion, while those who belong to the 99% to 99.99% have an overall wealth of $27.32 trillion. Americans in the 90%-99% percentile in terms of wealth are in charge of $58.334 trillion. Source: The Board of Governors of The Federal Reserve System Breaking down the assets controlled by the wealthiest 10%, the Fed’s data shows that they have allocated a huge chunk of their fortune – $40.84 trillion – to corporate equities and mutual fund shares as of Q4 2024. Those who belong to the 50% to 90% and the bottom 50% are mostly invested in real estate, allocating a total of $26.99 trillion to properties. They also hold $5.99 trillion in stocks and mutual fund shares. Source: The Board of Governors of The Federal Reserve System According to Federal Reserve data, 133,378 American households belong in the top 0.1%, 1.198 million households are in the 99% to 99.9% and 11.992 million households make up the upper 90% to 99%. Meanwhile, 53.305 million households are part of the 50% to 90%, and the bottom 50% are made up of 66.646 million households. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $107,794,000,000,000 of US National Wealth Controlled by Just 10% of Population, According to Federal Reserve appeared first on The Daily Hodl .
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Bitcoin is currently in a consolidation phase while global liquidity surges, signaling a potential breakout on the horizon. Historical patterns suggest Bitcoin typically reacts to increases in M2 liquidity, and
The U.S. Securities and Exchange Commission (SEC) is clarifying its stance on stablecoins under the Trump Administration. In a new press release , the regulatory agency says that non-yield-bearing stablecoins do not qualify as securities that fall under its jurisdiction because they “advance a commercial or consumer purpose.” According to the SEC, stablecoins aren’t securities because those who purchase them do not expect a return on their investment. Instead, they seek to use the digital assets to purchase goods and services and/or as stores of value. Furthermore, the agency says that dollar-pegged crypto assets are not distributed in a manner that encourages speculation or investing. “Covered stablecoins are marketed solely for use in commerce, as a means of making payments, transmitting money, and/or storing value, and not as investments.” However, the SEC has left the door open to considering alternative types of stablecoins – such as those that are yield-bearing, of the algorithmic variety, or pegged to non-USD assets – as securities, noting that its new stance on dollar-pegged assets doesn’t apply to these types of products and they have yet to formulate a view on the matter. Under the Biden Administration and the helm of former Chair Gary Gensler, the SEC filed numerous high-profile lawsuits against crypto firms such as Kraken, Coinbase, Consensys and Ripple Labs and didn’t approve the launch of Bitcoin ( BTC )-based exchange-traded funds (ETFs) until pressured to do so by a judge. Furthermore, under Gensler, the SEC counted the majority of digital assets, excluding BTC, as securities that fell under its regulatory jurisdiction. Gensler was replaced by former SEC Commissioner Mark Uyeda, who is currently serving as the agency’s Acting Chairman. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Dollar-Pegged Stablecoins ‘Advance a Commercial or Consumer Purpose’ and Are Not Securities, U.S. SEC Clarifies appeared first on The Daily Hodl .
Tony “The Bull” Severino has issued a cautionary reminder to the crypto community not to fall into the trap of comparing Bitcoin’s current cycle with its historic 2017 bull run. According to the technical analyst, a critical indicator on the monthly chart paints a very different picture from the one many investors hope for. Severino’s warning comes as Bitcoin continues to consolidate between $81,000 and $84,500, with the buying trend suggesting that it might be topping out. Related Reading: Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead? Stochastic Oscillator Says Bitcoin No Longer In Same Phase As 2017 At the core of Severino’s argument is the stochastic oscillator, a momentum indicator commonly used by technical analysts to analyze whether a cryptocurrency is overbought or oversold relative to its recent price range. When applied to Bitcoin on the monthly candlestick timeframe, the oscillator offers a broader view of long-term momentum trends stretching back to 2013. In the chart shared by Severino, this timeframe includes every major bull and bear cycle, with many recurring patterns. His outlook is in response to market participants who link the 1-month Bitcoin stochastic oscillator’s movement to its past levels in 2017 as a sign of what they expect in the current market. As seen in the chart below, the oscillator has been undergoing the same 2017 downtrend since the beginning of 2025. At the time of writing, the oscillator is sitting around 60, the same level it fell to during the correction in the 2017 bull market. However, he argues that this level has little in common with the 2017 bull run’s momentum peak and aligns more closely with the beginning of the 2018 bear market. During that point in the cycle, Bitcoin suffered a staggering 49% drop within a single month, from wick high to wick low. Severino implies that any current similarities to the 2017 bull market are misleading from a bullish technical standpoint, as the implication is that the leading cryptocurrency is at risk of entering a similar corrective or bearish phase now. Bitcoin Price Can Break Either Way Recent price action has seen Bitcoin struggling to receive strong inflows and buying momentum. On-chain data shows that many short-term holders have halted their buying activity due to the extended consolidation, which does not bode well for bullish prospects. Furthermore, the realized price model says the ongoing correction may still have weeks to run. Nonetheless, Bitcoin has managed to hold and reject a break below $80,000 amid the recent turmoil that shook the markets. The announcement of US President Donald Trump’s proposed tariffs rattled markets, causing volatility not only in crypto but across major US equity markets. Related Reading: XRP Breakout Alert! Could This Surge Send The Altcoin To $3? As the Dow Jones, S&P 500, and NASDAQ pulled back in response, Bitcoin also slipped toward the $81,000 level. However, unlike its equity counterparts, it has since rebounded and reclaimed ground above $83,000, which can be interpreted as early signs of decoupling from traditional financial indices. This is actually wild to see— for the first time, Bitcoin is decoupling right before our eyes 🤯 pic.twitter.com/b4G3HWqWBo — Cory Bates (@corybates1895) April 4, 2025 At the time of writing, Bitcoin is trading at $83,693. Featured image from Pexels, chart from TradingView
Bitcoin consolidates while global liquidity surges, setting up a potential explosive rally ahead.