Trump’s latest tariffs have rattled global markets, with one analyst suggesting the president is following his Art of the Deal playbook.
As meme coins wane and large holders sell, Shiba Inu’s price continues to slide, despite expansions in its network. Meanwhile, Cardano sees significant sales, with 120 million ADA sold in just two days. Amid these market shifts, one platform is making strides by equipping creators with the tools they need, rather than just promises. BlockDAG’s recent beta testnet release introduces a no-code token and NFT creation tool. This tool, akin to a Shopify for crypto, enables users to design and launch Web3 projects effortlessly. The outcome? An increase in token and NFT launches, enhancing reasons to engage with BDAG. For those eyeing the crypto market, BlockDAG (BDAG) offers tangible utility and compelling reasons to pay attention. BlockDAG’s No-Code Tool Makes Web3 Accessible to All BlockDAG’s recent initiative goes beyond enhancing blockchain speed or security – it democratizes access. With the new no-code tool for creating tokens and NFTs now available on the beta testnet, anyone can engage in Web3 development without any coding expertise. This user-friendly approach transforms the platform into a hub for creators who might feel overwhelmed by the technical demands of networks like Ethereum or Solana. This ease of use is significant. Every new token or NFT made with BlockDAG’s tool runs on BDAG, creating more transactions and increasing demand for the coin – a virtuous cycle of utility. As the testnet progresses and the mainnet launch nears, BlockDAG stands out as a crypto worth watching, with its value clearly linked to its usage. The beta testnet, launched on March 28, also features improved blockchain explorers, faucet access, and a dashboard tailored for creators. Additionally, it offers a $60,000 reward pool, with $2,000 in BDAG allocated to the top 10 most active users. Already, over 110,000 participants are testing the network, helping refine its performance ahead of the mainnet launch. BlockDAG’s ongoing presale is in its 27th batch, with BDAG priced at $0.0248. To date, over 18.8 billion coins have been sold, raising more than $212 million. BlockDAG is rapidly gaining traction among both users and developers, making it a noteworthy crypto to consider. Shiba Inu Struggles Amid Network Growth Despite an active network, Shiba Inu’s price continues to fall. Currently, it is trading at $0.00001226, marking an 8.28% decrease this week and a 55% drop year-over-year. The Shibarium network has surpassed 1 billion transactions, yet 62% of SHIB holders are experiencing losses. The token burn rate has also decreased, with 37.6 million SHIB burned in the last day—a 60% reduction from the day before. Shibarium’s transition to real-world applications has not boosted SHIB’s value. Trading volumes have decreased by 40% in the last 24 hours, and with the majority of SHIB controlled by large holders, price fluctuations continue to be erratic. Without sustained demand or effective token burns, the downward trend in Shiba Inu’s price may persist, potentially leading to further losses for holders. Cardano Faces Volatility from Whale Transactions Cardano has experienced significant trading activity, with 120 million ADA sold over two days. This has reduced the total ADA held in large wallets from 5.84 billion to 5.71 billion. Cardano’s price briefly fell to $0.61, then recovered to $0.66, but it still shows a nearly 6% decline over the week. The proportion of ADA held by whales has decreased to 8.48%, with retail holders now owning 71.17% of the supply. This trend highlights a shift away from short-term traders, who have decreased by 16.36%. Despite market pressures, institutional interest remains strong, with Cardano-focused exchange-traded products (ETPs) receiving $0.6 million in new inflows last week, bringing the 2025 total to $70 million. Although whale activity has affected short-term prices, long-term institutional engagement appears robust. Overview of Market Dynamics The ongoing price declines of Shiba Inu and the active selling by Cardano whales are creating challenges for both communities. This situation is characterized by decreased trading, insufficient token burns, and ongoing sell-offs. As participants await market recovery, there is a growing interest in platforms that offer greater utility and simpler user interfaces. In this environment, BlockDAG introduces a significant tool: a no-code wizard for creating tokens and NFTs, making Web3 accessible to non-developers. Every operation on the platform engages BDAG, linking usage directly to the coin’s demand. For those exploring crypto options, BlockDAG provides practical tools that are already in use. With its crypto presale now exceeding $212 million, the platform continues to gain momentum. Presale : https://purchase.blockdag.network Website : https://blockdag.network Telegram : https://t.me/blockDAGnetworkOfficial Discord : https://discord.gg/Q7BxghMVyu
Market heading into unknown territory ahead of potentially problematic market opening on Monday
An analyst at a prominent global investment firm says that economic retribution from China and the European Union (EU) against new US tariffs could end up supporting digital assets. In a new thread on the social media platform X, Matthew Sigel – the head of digital assets research at VanEck – says that President Donald Trump’s latest round of tariffs will accelerate the adoption of Bitcoin ( BTC ) as a tool for the settlement of energy trade. “China and Russia were recently revealed to be settling some energy transactions using Bitcoin and other digital assets – just as we anticipated. Bolivia also announced plans in March to import energy using crypto. And in Europe, French utility EDF (?Électricité de France) will explore using surplus electricity – currently exported to Germany – to mine Bitcoin. These developments highlight how digital assets are evolving from speculative instruments into tools for energy trade and monetary realignment. In that context, the latest tariffs aren’t just an economic story – they may be an accelerant for Bitcoin’s role in the emerging multi-polar order.” Sigel goes on to say that traders should keep an eye on the policies of the US Federal Reserve, China and the EU to better gauge the crypto markets. He also notes the relevance of the strength of the US dollar and BTC exchange-traded fund (ETF) inflows. According to Sigel, if China and the EU were to retaliate to Trump’s tariffs and move away from the US dollar, it could boost use cases for digital assets. “Investors should watch the evolving path of Fed policy: dovish shifts in rate expectations and rising liquidity are historically positive for Bitcoin. The U.S. Dollar Index (DXY) is another key gauge – any signs of dollar weakness may support the Bitcoin-as-hedge narrative. Bitcoin ETF flows and on-chain activity also matter: despite volatility, U.S.-listed spot Bitcoin ETFs are still net positive by ~$600 million year-to-date, with renewed inflows seen in late March. And finally, any retaliatory steps from China or the EU – especially ones that bypass dollar-based systems – could accelerate the strategic case for crypto.” Last week, Trump signed an executive order that imposes sweeping or reciprocal tariffs on a long list of nations, with the stated goal of protecting domestic manufacturing. The announcement rocked global markets, causing a sharp dip in digital asset and stock prices. 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. Featured Image: Shutterstock/Eky Rima Nurya Ganda The post VanEck Analyst Says Retaliatory Steps From China and EU Could Boost Narrative for Crypto – Here’s Why appeared first on The Daily Hodl .
The crypto market is shifting, and while some well-known names face turbulence, others are stepping confidently into the future. Dogecoin (DOGE) is sitting on a fragile $0.16 support after a 16% drop, and XRP is caught in a utility-versus-scarcity debate that could shape its long-term trajectory. But while questions linger around these assets, BlockDAG is answering with action. The launch of BlockDAG’s Beta Testnet V1 is more than just a technical release—it’s a milestone that signals readiness and long-term potential. With real tools, real users, and real utility already in place, the project is turning heads in all the right ways. As momentum builds, many are beginning to see BlockDAG as one of the clearest answers to the question: Which crypto coin has true growth potential right now? BlockDAG Beta Testnet Turns Plans into Performance BlockDAG’s Beta Testnet V1 is officially live, and it’s already drawing attention for how much it offers right out of the gate. This isn’t just a behind-the-scenes milestone for developers—it’s an open door to a functioning ecosystem. Users can now explore working decentralized apps, launch tokens or NFTs through a no-code builder, and navigate the updated explorer with ease. Built for wide accessibility, not just developers, this environment gives a real look at how BlockDAG aims to scale. What separates BlockDAG from other emerging platforms is its ability to shift from talk to action. The no-code creation tool allows anyone—even non-developers—to build new digital assets. Every token or NFT created will rely on BDAG to function, directly tying the platform’s growth to real-world usage. That’s the kind of utility that creates ongoing demand—not just temporary hype. The rollout also comes with serious user incentives. BlockDAG has allocated $60,000 in BDAG rewards for testnet participation, with the most active wallets eligible for $2,000 each. It’s a smart strategy that promotes hands-on interaction and encourages community building from day one. The numbers further support its rising momentum. BlockDAG has raised more than $212 million in presale funding and sold over 19.1 billion coins. Now in batch 27, BDAG trades at $0.0248—a jump of 2,380% from its initial batch price of $0.001. As other networks stall or debate direction, BlockDAG is clearly pushing ahead with measurable, meaningful progress. Dogecoin (DOGE) Price Today Pressures $0.16 Support After 16% Weekly Drop Dogecoin is currently hovering at the $0.16 support level after falling 16% over the past week. This price point is being closely watched, as a bounce could trigger a short-term recovery toward $0.20 or even $0.25. But a dip below this level risks sparking broader selloffs that may drag DOGE closer to $0.10—or possibly $0.06 in a worst-case slide. Historically, similar support levels have attracted new buyers, helping DOGE rebound. While that’s still possible, broader market conditions remain mixed, and the lack of a fresh catalyst leaves DOGE in a vulnerable position. Traders are staying alert, as the next move could shape sentiment for weeks to come. XRP Price Outlook Faces New Utility vs. Velocity Debate The conversation around XRP is heating up again, this time focusing on how utility may or may not drive long-term value. Ripple CTO David Schwartz recently suggested that a higher price could actually make XRP more efficient by reducing the amount needed for large transactions. That’s sparked renewed optimism about XRP’s role in major financial flows. However, there’s growing concern from within the XRP community about token velocity. With Ripple’s On-Demand Liquidity (ODL) driving fast, high-frequency transactions, some worry this activity could dilute long-term price growth by affecting scarcity. Ideas like automated market makers (AMMs) to control circulating supply are gaining traction, especially as institutions show greater interest. The XRP price outlook now depends on whether Ripple can balance speed and usefulness with scarcity and long-term value. It’s a nuanced path—but one that, if managed well, could open up broader adoption and price stability. Final Takeaway Dogecoin’s recent 16% dip puts it in a critical position, with $0.16 acting as a make-or-break level. XRP’s future is tied to how its utility evolves, with debates over speed and scarcity continuing to shape community expectations. But while both face pressing questions, BlockDAG is focused on solutions—and delivering them. With its Beta Testnet V1 now live, BlockDAG is proving it can build, launch, and grow—fast. Real dApps, a user-friendly no-code asset builder, and generous participation rewards show the team’s commitment to usability and scalability. Backed by $212 million in presale funding and a 2,380% price increase since batch 1, BlockDAG is turning momentum into progress. For those looking ahead and asking which crypto coin offers the clearest path to real-world growth—BlockDAG is stepping forward with results. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Continue Reading: BlockDAG Testnet Goes Live, Paving Way for Growth; Dogecoin Down 16% and XRP Faces Utility Uncertainty
In a recent interview reported by COINOTAG News on April 7th, former US President Donald Trump addressed concerns over the recent plunge in US stock futures and the broader crypto
The manufacturer of Jaguar and Land Rover cars has stated that it will pause exports to the United States after the Trump administration imposed 25% tariffs on all car imports. The British carmaker said on Saturday that the pause is a short-term action as it works to address the new trading terms with its business partners. The automotive company added that the pause on shipments will become effective this month. “The USA is an important market for JLR’s luxury brands. As we work to address the new trading terms with our business partners, we are taking some short-term actions including a shipment pause in April, as we develop our mid- to longer-term plans.” ~ Jaguar Land Rover Automotive. Jaguar Land Rover (JLR) said that the US is an important market for its luxury cars and brands. According to fact sheets from the UK Department for Business and Trade, cars are the top exported goods from the UK to the US. Car exports in the four quarters to the end of Q3 2024 totaled a staggering £8.3 billion. Other carmakers might pause US exports too Analysts predict that other carmakers will follow the steps of JLR and pause US exports. The imposed tariffs have added more pressure on the automotive industry in Britain. The demand for British-made cars has decreased domestically and in Europe, while sales in China have been on the decline. Furthermore, British carmakers are lagging in the electric vehicles race as factories are required to overhaul existing machinery. University of Birmingham Professor David Bailey told The Guardian that “much of UK auto is already operating well below capacity, and the tariffs will be a further hit for a struggling industry.” He said that “production cuts and job losses are likely,” and he believes that the number of jobs at risk due to the US’s tariffs is underestimated. Bailey thinks that JLR will continue to struggle unless it creates a US-based automotive factory. According to Reuters, German car makers Audi, Mercedes, and BMW are considering expanding their operations in the United States. Tariffs are pressuring international carmakers to move operations to the US, bringing Trump’s vision to reality. British carmakers have taken measures to reduce the impact of US tariffs by increasing exports and building stockpiles in the States months prior to their implementation. According to data from the Society of Motor Manufacturers and Traders (SMMT), car exports to the US in December, January, and February surged by 38.5%, 12.4%, and 34.6%, respectively. On April 3rd, the United Stated implemented a 25% tariff on imported vehicles. This tariff is applicable to vehicles from all countries including those covered under the United States-Mexico-Canada Agreement (USMCA). On May 3, 2025, the US will impose another 25% tariff on all imported automobile spare parts. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
With the crypto market in full swing in 2025, seasoned XRP holders are looking beyond traditional blue-chip assets—and increasingly locking in fresh $1K positions in MAGACOINFINANCE. The reason? Early-stage momentum, record-breaking pre-sale performance, and returns that XRP hasn’t seen in years. Bitcoin (BTC), ADA, and XRP Provide Security—But MAGACOINFINANCE Unlocks Multipliers Bitcoin (BTC) remains the bedrock of crypto investment. Cardano (ADA) trades near $0.71, building slowly on tech. XRP, holding at $0.75, still carries strong name value. But among these players, MAGACOINFINANCE is currently delivering the most excitement among those hunting real upside. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – $5.3 MILLION RAISED, STILL EARLY IN THE RUN Unprecedented Growth Potential MAGACOINFINANCE has surged past $5.3 million raised, establishing itself as the most-watched under-$1 coin of the year. With only 100 billion tokens, capped supply is tightening as early whales take position. Get 50% BONUS with MAGA50X – ROI Hits 3,782% for Early Buyers At the current price of $0.0002704, MAGACOINFINANCE offers a 2,488% ROI, or 25.88x when it lists at $0.007. With MAGA50X, your cost drops to just $0.0001803, lifting your potential ROI to 3,782%, or 37.82x. That means a $1,000 position could transform into $378,200 before listing hype even takes effect. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X ADA, TON, LINK, and XLM: Consistent Projects, But MAGACOINFINANCE Steals Focus Cardano (ADA) continues evolving its smart contract stack.Toncoin (TON) builds on Telegram’s platform, trading at $5.49.Chainlink (LINK) remains vital at $13.84, securing oracles for smart contracts.Stellar (XLM) sits at $0.123, ideal for fast borderless transfers. 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 Crypto Picks With High Growth Odds: XRP, BTC, and Ethereum
Crypto investigator and on-chain sleuth ZachXBT has ripped Coinbase over repeated account locks and an undisclosed data breach. In a scathing critique that has renewed allegations about one of the world’s biggest cryptocurrency exchanges, ZachXBT says Coinbase’s culture is defined by a “lack of transparency.” On social media, ZachXBT expressed frustration : “You have locked me out of my account twice in the last month with no reason given (again today). You had customer data leaks you haven’t transparently announced (lead to thefts).” While he acknowledged that the platform offers a decent annual percentage return on stablecoins, he ultimately stated that he could not recommend Coinbase as an exchange to others. ZachXBT ignites fresh backlash over Coinbase’s troubled history with user trust and security ZachXBT comments have sparked controversy about Coinbase’s customer data handling, practices, and support. While the company largely promotes itself as the “future of money” and a paragon of regulatory compliance in the crypto space, incidents of this nature do little to enhance its reputation — especially among more experienced users. Coinbase portrays itself as a secure, transparent, and regulated entry point to crypto —a message that is easy to sell to institutional investors and new entrants. Its initial public offering in 2021 was a watershed moment for the crypto industry. But the company’s history tells a more complex tale for long-time users and crypto veterans. That same year, Coinbase was criticized after thousands of users reported being locked out of their accounts, some for months, without any resolution. The New York Times explained how so many of these customers could not connect with support when they were most vulnerable, with catastrophic loss as the prices swung violently. A similar bug in Coinbase’s SMS account recovery process later that same year allowed hackers to bypass two-factor authentication to drain user wallets. Coinbase ultimately reimbursed some victims, but critics pointed out that the company was slow to communicate and did not take the breach seriously enough. Coinbase faces increasing regulatory pressure while users express growing discontent Coinbase is not new to controversy. In 2023, the U.S. Securities and Exchange Commission (SEC) sued the company for operating an unregistered securities exchange. Whereas Coinbase is battling the suit, positioning itself as a pioneer of regulatory compliance, users like ZachXBT wonder whether the company has also displayed the same diligence in protecting and communicating with its customers. Coinbase has pushed back legally — demanding the creation of new regulatory frameworks for the industry — but the lawsuit has increased pressure on the company to demonstrate its commitment to compliance, not only with regulators but with users. ZachXBT’s remarks also reflect a widespread mistrust of the status quo in the crypto world, many of whom gravitate toward decentralized platforms in search of greater control, transparency, and reliability. Condemnation like ZachXBT’s carries particular weight in the crypto world. Famed for carefully tracking a range of fraudulent schemes and aiding users in retrieving lost funds, he is a widely regarded guardian of crypto ethics — one whose critiques spur wider action or awareness. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Bitcoin (BTC) remained relatively stable over the weekend, oscillating between $81,000 and $85,000. Despite the turmoil in the traditional markets, the flagship cryptocurrency has held firm above $80,000, with the stability highlighting its potential as a safe haven asset. BTC is currently down almost 1%, trading at $82,836 and holding above $80,000 despite ETF outflows, growing trade tensions, and concerns about delayed rate cuts by the Federal Reserve. Bitcoin (BTC) Holds Firm Despite Heightened Volatility Bitcoin (BTC) remained above $80,000 on Friday and Saturday despite broader market turmoil and selling pressure. However, demand has waned as fears of a full-blown trade war escalate, along with risks of a recession and a delayed rate cut decision by the Federal Reserve. Markets also witnessed BTC decoupling from the US equity markets and outperforming gold, signaling a significant shift in market dynamics. Market intelligence platform Santiment stated, “Social media has been buzzing with mentions of crypto’s ‘decoupling’ from stock markets, according to data from X, Reddit, Telegram, 4Chan, Farcaster, and BitcoinTalk. Following the S&P 500‘s -10.5% combined losses on Thursday and Friday alone, traders are optimistic that Bitcoin and other cryptocurrencies are fairly insulated from the US & China tariffs that have rocked global economies.” It also said that crypto becoming less reliant on the stock market is a promising sign. “If the crypto markets are indeed becoming less and less reliant on stock markets, this would be an encouraging sign. Historically, most of the cryptocurrency’s biggest bull cycles have come when there is zero (neither a negative nor positive) correlation between the two sectors.” Spot Bitcoin ETFs Register Outflows Despite Bitcoin’s relative stability, spot Bitcoin ETFs registered considerable outflows, signaling investor caution and indicating that the rally may lack strong investor backing. Federal Reserve Chair Jerome Powell also threw another curveball for the markets, suggesting a potential delay to Fed rate cuts. According to data from Farside Investors, the WisdomTree Bitcoin Fund (BTCW) registered net outflows of $44.6 million, while the iShares Bitcoin Trust (IBIT) registered net outflows of $35.5 million. Bitwise Bitcoin ETF (BITB) registered net outflows of $24.1 million, and ARK21Shares Bitcoin ETF (ARKB) saw net outflows of $22.2 million. However, Grayscale Bitcoin Mini Trust, Fidelity Wise Origin Bitcoin Fund (FBTC), and Franklin Bitcoin ETF (EZBC) registered net inflows. As a result, the US spot Bitcoin ETF market registered net total outflows of $165 million, ending a two-week inflow streak. Fed Issues Stagflation Warning Bitcoin and altcoins could come under renewed pressure after Federal Reserve Chair Jerome Powell warned President Donald Trump’s tariffs could lead to higher inflation and slow growth. Powell said on Friday, “Our obligation is to keep longer-term inflation expectations well anchored and to make certain that a one-time increase in the price level does not become an ongoing inflation problem.” High inflation and high unemployment can lead to stagflation, which could become difficult to manage. This is because measures taken to fix one issue, like cutting interest rates to boost growth, could worsen the other issue and vice versa. Powell also said he was in no hurry to cut interest rates as inflation remained high, a stance supported by other officials like Raphael Bostic and Adriana Kugler. However, President Donald Trump urged Powell to cut interest rates. According to market experts, a more hawkish Fed could negatively impact Bitcoin, altcoin, and stock prices. Bitcoin (BTC) Price Analysis Bitcoin (BTC) is holding above $80,000 as the weekend draws to a close. BTC’s relative stability comes despite the market turmoil and highlights its potential as a safe haven asset. The tech-heavy Nasdaq, known to be positively correlated to Bitcoin, dropped over 11% since President Trump’s announcement of sweeping reciprocal tariffs on 180 nations, escalating global trade tensions and drawing retaliatory levies from China. David Hernandez, crypto investment specialist at 21Shares, stated, “The S&P 500 is down roughly 5% this week as investors brace for trade-driven earnings headwinds. Meanwhile, Bitcoin has shown impressive resilience. After briefly dipping below $82,000, it rebounded quickly, reinforcing its status as a macro hedge in times of macroeconomic stress. Its relative strength could continue to attract institutional inflows if broad market volatility persists.” However, analysts have not ruled out sharp downside volatility in the short term, especially as the “Treasury market basis trade” faces risks due to heightened turbulence in bond prices. BTC traded in bearish territory over the previous weekend, dropping over 3% on Friday, slipping below the 200-day SMA and $85,000 and settling at $84,422. Price action remained bearish over the weekend as BTC fell below the 20-day SMA on Saturday and settled at $82,704. The price registered a marginal decline on Sunday, settling at $82,404. BTC faced volatility on Monday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as the price registered a marginal increase. Bullish sentiment intensified on Tuesday as BTC rose over 3%, surging past the 20-day SMA and $85,000 to settle at $85,152. The flagship cryptocurrency surged to an intraday high of $88,624 on Wednesday as bullish sentiment intensified. However, BTC lost momentum after reaching this level and dropped over 3%, slipping below $85,000 and the 20-day SMA and settling at $82,525. Source: TradingView BTC recovered on Thursday despite significant selling pressure, rising almost 1% and settling at $83,199. The price continued its upward trajectory on Friday, registering an increase of 0.76% and settling at $83,828. However, it lost momentum over the weekend and registered a marginal decline on Saturday, dropping to $83,423. The current session sees BTC down almost 1% as sellers look to drive it below $80,000. However, BTC has not ceded ground to the bears and has held firm above this level. If buyers regain control, BTC could move past $85,000 and push toward $90,000. 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.