Amid the ongoing crypto market crash, investors’ eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends. So, what should you buy for the best returns? Let’s discuss this. Best 5 Crypto to Buy Once Donald Trump Approved Zero Tax Policy The Donald Trump trade tariffs have crashed every market, including stocks, crypto, and even the hard assets. However, he and his associates stand firm on the claim that this would boost the USA’s economy, bringing more job and business opportunities to the country. As that remains optimistic, investors are focused on the zero tax policy, where some even sarcastically joked that no gains equal no tax . Despite these events, if Trump approves the policy, investors should consider Bitcoin, XRP, Chainlink, Pepe Coin, Dogecoin, and other bullish crypto to buy. Bitcoin is the most popular and in-demand crypto token to buy based on its growing adoption, U.S. Strategic Bitcoin Reserve discussion, ETFs, and various other factors. XRP is the top altcoin to buy & hold due to better regularity clarity in 2025, potential ETF approval, and potential price rallies amid Donald Trump’s capital gains tax policy. Chainlink is also gaining popularity, and investors predict massive LINK price rallies this year. Lastly, Dogecoin and Pepe Coin are the top meme coins of the market. The former is considered relatively stable due to Elon Musk’s support and gaining investor demand, while the Pepe Coin’s bullish performance hints at an upcoming rally. However, it is just an anticipation based on their demand, historical price performance, and technical factors. The actual performance can vary significantly, so caution is a must. Will Donald Trump Approve Zero Tax Policy After Tariff War? Before becoming the U.S. president for the second time, Trump made multiple promises to crypto investors, including reducing taxes on capital gains. Previously, investors anticipated the revelation of zero tax policy at the White House Crypto Summit , but that did not happen. Now, the eyes are on the post-tariff settlement. However, there’s no significant news on the subject, leaving investors awaiting further announcement. Once this happens, it could introduce a significant crypto market rally. Before that happens, consider Bitcoin, XRP, Chainlink, Pepe Coin, and any other bullish crypto to buy after research. The post Buy These 5 Crypto If Donald Trump Approves Zero Tax Policy After Tariff War appeared first on CoinGape .
With $1.4 billion in crypto liquidations in one day, are we just getting started — or close to bottoming out? Table of Contents Tariffs rattle the global markets Why is crypto down? How much worse can it get? What’s next for Bitcoin and crypto? Tariffs rattle the global markets As of Apr. 7, the global market environment has taken a sharp downturn, triggered by a single policy shift. On Apr. 2, President Donald Trump announced what he called “Liberation Day” tariffs — aggressive import duties that immediately shifted the tone in both equity and crypto markets. Trump’s tariff regime has been sweeping. Imports from Canada and Mexico now face a 25% duty, while Chinese goods have been hit with an additional 34% tariff. In certain cases, products from other countries are facing combined tariffs climbing as high as 54%. For Chinese imports, the layered effect of both new and existing tariffs means many goods are now entering the U.S. under an effective rate exceeding 54%. The impact on the U.S. stock market was swift. By Apr. 4, the market had lost nearly $5.5 trillion in value in just two days. The S&P 500 alone shed $2.4 trillion on Apr. 3, followed by additional steep losses the next day. In percentage terms, the Dow Jones dropped over 4,000 points, or 9.48%, the S&P 500 fell 10%, and the Nasdaq plunged 11% — all in a span of 48 hours. Trump’s move was met with a fast response. On Apr. 4, China announced a 34% retaliatory tariff, escalating the situation and further straining market sentiment. The resulting volatility has been felt across global markets. As of Apr. 7, total losses across major U.S. indices are estimated to be in the range of $6–7 trillion, with exact figures still being updated. The CBOE Volatility Index (VIX), Wall Street’s “fear gauge,” surged to a multi-year high, hitting 60 by Apr. 7. This level hasn’t been seen since the height of the COVID-19 pandemic and, before that, during the 2008 financial crisis, when the VIX spiked to nearly 80. Global markets outside the U.S. have also been hit hard. China’s Shanghai Composite dropped more than 7%, and Japan ’s Nikkei fell nearly 8%. Bond markets are showing strain as well, with Treasury yields bear-flattening, 2-year yields rising, and 10-year yields falling. The volatility hasn’t been limited to equities. The crypto market has also taken a hit , with CoinGlass data showing $1.4 billion in liquidations over the past 24 hours as of Apr. 7 — one of the highest single-day totals in recent months. Bitcoin ( BTC ) fell nearly 8% to $76,500, briefly touching lows near $74,400. Ethereum ( ETH ) dropped 17% to the $1,500 level, with a brief dip to $1,415. Other major altcoins followed suit: Ripple ( XRP ) declined 16%, now trading around $1.76, while Solana ( SOL ) fell to around $101. BlackRock CEO Larry Fink, in a letter to shareholders, described the current climate as one of “widespread economic anxiety,” adding that such unpredictable tariff moves have made financial planning “impossible” for businesses trying to assess global supply chains. So, what exactly is driving this wave of sell-offs? How do experts interpret the path ahead? And how much worse could things realistically get? Let’s take a closer look. Why is crypto down? When tariffs rise, so do the costs of imported goods, which typically drives inflation higher, especially when those tariffs are widespread and apply to major trading partners. Trump’s announcement, targeting multiple regions, has reignited fears of a global trade war. For investors, this shift in the economic climate changes everything. In times of economic uncertainty, riskier assets are usually the first to be sold. This includes stocks, but also crypto. Despite being often seen as independent from traditional markets, history shows that during periods of acute stress, digital assets tend to behave more like tech stocks than safe havens. This pattern was clearly visible in early February, when a previous round of tariffs led to $2.2 billion in crypto liquidations, pushing Bitcoin down to $92,000. Now, this pattern is repeating, but on a larger scale. Adding complexity to the situation is the interest rate outlook. In a slowing economy, the Federal Reserve would typically be expected to cut rates. However, tariffs complicate that playbook. Since tariffs are inflationary, they limit the Fed’s flexibility. If inflation rises, the central bank may be forced to delay expected rate cuts, or even raise rates again. Higher rates reduce liquidity, and this tends to hurt speculative markets the most. Crypto, being one of the most liquidity-sensitive asset classes, often reacts strongly to these shifts. This is where institutional sentiment becomes critical. According to The Kobeissi Letter, a widely followed macro newsletter, the market has entered a phase where fear is beginning to dominate. In a post on X, Kobeissi noted that the market had “lost its orderly nature,” with assets being sold across the board — including traditional safe havens like gold, which briefly dipped below $3,000 per ounce. Another clear sign of capitulation? Even the safe haven assets like gold are selling off sharply. Until Friday, gold has pushed sharply higher amid tariff uncertainty. Today, gold is back below $3,000/oz as the rush to the sidelines has accelerated. Again, more panic. pic.twitter.com/cjQxbr003V — The Kobeissi Letter (@KobeissiLetter) April 6, 2025 Such broad-based selling often signals that the market is entering a capitulation phase, where investors are no longer making strategic decisions but are instead focused on preserving capital. Supporting this shift in sentiment, data from March reveals that institutional capital has been rotating out of U.S. equities at the fastest pace in years, tightening liquidity across asset classes. And as capital exits equities, it’s not flowing into crypto. Instead, it’s moving toward short-term cash instruments and defensive plays. How much worse can it get? The selloff we’re witnessing may not be the worst of it. If current trends persist, and retaliations escalate as expected, the global economy could be heading toward one of its toughest periods in over a decade. Let’s begin with trade. According to Oxford Economics, if all major U.S. trade partners respond with reciprocal tariffs, global trade volumes could shrink to levels not seen since the 2008 financial crisis, excluding the COVID-19 period. This scenario is no longer hypothetical — China has already imposed a 34% retaliatory tariff, and further responses from the EU, Japan, and other major economies are widely expected. The Tax Foundation estimates that Trump’s full tariff plan could result in a $1.8 trillion tax increase on American consumers. This could reduce U.S. imports by $900 billion in 2025, tightening supply chains and driving up the cost of goods across multiple sectors. Tariff rates are quickly approaching historic levels. If reciprocal policies continue, the U.S. average tariff rate could exceed 33%, nearing the Smoot-Hawley era of the 1930s — widely viewed as one of the factors that deepened the Great Depression. For context, the U.S. hasn’t seen average tariff levels above 20% since 1946. The result will be reciprocal tariffs on these reciprocal tariffs and one of the largest trade wars in history. The average US tariff rate is already up to ~8% with tariffs announce this year, the highest since 1970. By the end of April, we expect the 1946 high to be broken. pic.twitter.com/5mBfXQKkaR — The Kobeissi Letter (@KobeissiLetter) March 30, 2025 Key sectors are already under pressure. By midday on Apr. 4, Apple and Nike had lost $470 billion in combined market value, according to The Guardian. Boeing shares dropped 10%, as disruptions ripple through aerospace supply chains, particularly with China and Vietnam , countries now facing tariffs of 52% and 46%, respectively. Tech, retail, and manufacturing industries that rely on global sourcing are bearing the early weight of these policy changes. The broader macro impact is beginning to take shape. JPMorgan has warned, in comments to CNN, of a potential U.S. and global recession in 2025 if these trade measures persist. Investor Bill Ackman captured the market’s concern in a recent post, warning that business confidence is eroding quickly. While he supports reforming global trade imbalances, Ackman cautions that a full-scale, multi-front tariff approach is damaging America’s reputation as a stable trade partner. The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust. President @realDonaldTrump has elevated the tariff issue to the most important geopolitical… — Bill Ackman (@BillAckman) April 6, 2025 If Trump continues without pause, Ackman writes, the result could be a freeze in corporate investment, a collapse in consumer spending, and widespread layoffs, especially in small and mid-sized businesses that have less ability to absorb sudden cost increases. If a global slowdown does materialize — driven by shrinking trade, rising inflation, and tighter monetary policy — capital will continue to flow out of risk assets. And crypto will likely be near the top of that list. What’s next for Bitcoin and crypto? There’s little disagreement that we’re currently in a high-stress macro environment. According to crypto analysts, Bitcoin may face more short-term pain, but the long-term case for its role in a fragmented global economy is growing stronger. Jamie Coutts, a chartered market technician and crypto strategist formerly at Bloomberg, highlights that Bitcoin is testing critical levels, specifically “the top of last year’s 7-month range,” as defined by on-chain metrics like exchange volumes and URPD (UTXO Realized Price Distribution). Some thoughts as Bitcoin tests the top of last year’s 7-month range—a line in the sand per onchain metrics like URPD and exchange volumes. After outperforming over the weekend, it’s the only asset letting macro investors express negativity for the trade war escalation. When the… pic.twitter.com/Vig9xPQLv3 — Jamie Coutts CMT (@Jamie1Coutts) April 6, 2025 What makes this moment unique, Coutts explains, is that Bitcoin has become one of the only risk assets allowing macro investors to express concerns about the escalating trade war. “When the dust settles, Bitcoin will lead as the world realizes it’s not just a store of value… It’s an asset outside the system purpose-built for trade settlement,” he said. Coutts also cited a recent report from BlackRock, the world’s largest asset manager, which emphasized Bitcoin’s position as a “scarce, global, decentralized, non-sovereign asset.” While BlackRock stops short of calling it a settlement currency, it acknowledges Bitcoin’s clear hedging value in portfolios exposed to geopolitical and macroeconomic risks. Meanwhile, Michaël van de Poppe, a well-known crypto trader and analyst, believes that panic-driven price movements are not over yet. There we go. Black Monday, #Bitcoin back to the lows. It's hard to judge how deep we'll go in times of panic, but we're taking the liquidity beneath the low and we'll be waiting on: – Trump delaying Tariffs (not happening) – FED announcing emergency meeting (max 1-2 weeks) -… pic.twitter.com/acAPJrS5xB — Michaël van de Poppe (@CryptoMichNL) April 7, 2025 With Bitcoin down nearly 30% from its recent highs, he expects further testing of support levels, possibly as low as $70,000, especially if there’s no delay in tariffs or if the Federal Reserve doesn’t call for an emergency policy meeting. However, van de Poppe also views these levels as potential long-term buying opportunities: “In 12–24 months from now, you’ll be happy that you’ve bought in these areas,” he said. Others are framing the current price drop as a setup for a broader shift in narrative. Geoffrey Kendrick, global head of digital assets research at Standard Chartered, notes that Bitcoin could evolve into a hedge against tariff-induced risks. In a note shared with The Block, he connected the growing U.S. isolationist stance to rising concerns about fiat exposure: “U.S. isolationism is akin to increased risks of holding fiat, which will ultimately benefit Bitcoin,” Kendrick wrote. He identified $76,500 as a critical support level, marking the high from the day after the U.S. election, and emphasized Bitcoin’s relative strength compared to major tech stocks, aside from Microsoft and Google. All in all, while short-term volatility may persist, especially with tariff escalations shaping rate expectations and capital flows, the long-term thesis for Bitcoin is gaining traction. However, caution is still warranted. If tariffs expand further or inflation accelerates, Bitcoin could face renewed pressure alongside broader markets. The market remains highly volatile, so it’s important to trade wisely and never invest more than you can afford to lose.
According to a recent analysis by CryptoQuant, the average acquisition cost for Ethereum holders currently stands at approximately $2,200. This figure is particularly significant as it reflects the market’s overall
XRP price tanked on Monday as the cryptocurrency sell-off gained steam, and technicals point to a crash to $1 and below. Ripple ( XRP ), the cross-border-focused token, dropped to a low of $1.6185, its lowest level since November last year. The coin crashed because of the ongoing cryptocurrency crash that was triggered by Donald Trump’s Liberation Day tariff speech. That speech and the retaliations from China have pushed more analysts to predict that the US will have a recession this year. Goldman Sachs analysts raised their recession odds to 45%, up from last week’s 35%. Similarly, experts from JPMorgan, Wells Fargo, and Citi have warned of a sustained economic slowdown unless Trump changes course on tariffs. On the positive side, a recession could act as a bullish catalyst for cryptocurrencies and other risk assets by pushing the Federal Reserve to cut interest rates. Meanwhile, some well-known crypto analysts are cautioning about a prolonged market downturn. Ki Young Ju, the founder of CryptoQuant, warned that the ongoing crypto meltdown could persist for 6 to 12 months. You might also like: XRP price is down 35% from the YTD high: will it rebound in April? Technicals point to further XRP price crash XRP price chart | Source: crypto.news The daily chart shows that Ripple continued its recent downward trend and moved to $1.6185, down by over 52% from its highest level this year. The coin broke below several key support levels during the decline. Notably, it dropped below the psychological $2 level, which bulls had defended for months. It also moved under $1.9193, the 50% Fibonacci Retracement level and the neckline of a head and shoulders pattern. A head and shoulders pattern is a common bearish reversal formation composed of three peaks: the head (at $3.4220 in this case) and two shoulders (at $3). A breakdown below the neckline typically confirms the bearish trend. Worse, Ripple price moved below $1.80, where it made a false breakdown in February. It has also formed a death cross pattern as the 50-day and 200-day Weighted Moving Averages have flipped each other. The WMA is often more responsive than exponential moving averages as it places greater emphasis on recent data. XRP has also moved below the weak stop & reverse level on the Murrey Math Lines. Given these factors, the most likely scenario is that Ripple’s price drops below the $1 psychological mark and falls to $0.9340. This target is derived by measuring the distance from the head to the neckline, then applying that same distance downward from the neckline. You might also like: XRP price loses momentum, risking a crash to $1 if this happens
"Does Bitcoin behave more like a tech stock or a safe-haven asset like gold? So far, we’re seeing elements of both," an analyst told Decrypt.
WazirX enters a debt restructuring process to address user grievances. Strong creditor support underscores confidence in the recovery plan. Continue Reading: WazirX Takes Bold Steps to Rebuild Trust After Cyber Attack The post WazirX Takes Bold Steps to Rebuild Trust After Cyber Attack appeared first on COINTURK NEWS .
Changpeng Zhao, the founder of Binance, has been appointed as a Strategic Advisor to the Pakistan Crypto Council, marking a significant move in the country’s cryptocurrency landscape. This strategic appointment
The Husky Inu pre-launch phase officially began on April 1, as the project entered into the next stage of its evolution. The pre-launch phase introduces several changes, like the price of the HINU token increasing every two days until they sell out. According to the Husky Inu team, the pre-launch phase is designed to empower the community and ensure those joining early can benefit from favorable pricing. The pre-launch phase comes when the crypto market has been battered thanks to President Trump’s tariffs, with several tokens, including prominent meme coins, trading in the red. The Husky Inu Pre-Launch Phase Husky Inu recently announced several major updates in a blog post and revealed the official launch date of the HINU token. It also issued an update about the Earn App launching in May. The team at Husky Inu describes the pre-launch phases as a progressive token pricing strategy that rewards early adopters and supporters of the project while promoting transparent growth. With the pre-launch phase officially underway, the HINU token price will increase every two days, following a compounded growth model. The price will continue to rise until all the tokens are sold out. How Will The Pre-Launch Phase Work? Let’s understand how the pre-launch phase will work. The starting price of the HINU token at the beginning of the pre-launch phase was $0.00015000. This price will increase every two days until all the HINU tokens have been sold out. The longer the presale lasts, the higher the token price rises. The pre-launch phase ends immediately once the HINU tokens sell out. The table below highlights the projected price if the presale continues uninterrupted. Day Token Price 0 $0.00015000 2 $0.00015043 4 $0.00015087 6 $0.00015130 8 $0.00015174 10 $0.00015217 …. Compounded …. Compounded If the project reaches its fundraising goal, the price of the HINU token will jump directly to the next “Big Phase” stage. The Big Phase stages will see prices at $0.0000175 at Stage 5, $0.000200 at Stage 6, $0.000250 at Stage 7, and $0.000335 at Stage 8. All the price points during the “Big Stage” are fixed price points. Husky Inu has raised $737,226 from its stated goal of $1.2M. A Challenging Market While the Husky Inu presale and pre-launch phase are going strong, the project is entering this pivotal stage at a difficult time for both the crypto and traditional markets. The crypto market has endured a torrid start to the week as Trump’s tariffs and trade tensions decimated global markets. Bitcoin (BTC) plunged almost 10% over the past 24 hours, dropping to a low of $74,389 before staging a marginal recovery and moving to its current level of $77,427. Meanwhile, Ethereum (ETH) plunged below $1,500, falling to a low of $1,412 before moving to its current level. ETH is down over 15% during the ongoing session. Meanwhile, Ripple (XRP) is down over 13%, and Solana is down $13% and trading just above $100 after falling to a low of $95 during the current session. The meme coin ecosystem also saw a substantial decline, with Dogecoin (DOGE), down almost 14%. Shiba Inu (SHIB) is down nearly 9%, while Pepe (PEPE) is down 11.43% at the time of writing. Floki (FLOKI), Bonk (BONK), and Dogwifhat (WIF) also registered substantial declines. 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.
Pakistan's embrace of crypto innovation, guided by Binance's CZ, could position it as a regional leader in digital finance and blockchain growth. The post Binance co-founder Changpeng Zhao joins Pakistan Crypto Council as strategic advisor appeared first on Crypto Briefing .
A Dogecoin whale has solidified investors’ bearishness this ‘black Monday’ by dumping 300 million coins to Binance. DOGE price has lost nearly 15% value in the past 24 hours, stooping to a $0.13 low in sync with broader trends. In response, crypto market traders and investors are now reflecting a highly cautious approach toward the meme coin’s future prospects. Dogecoin Whale Dumps 300M Coins Sparking Investor Concerns Data from the transaction tracker Whale Alert revealed that a Dogecoin whale deposited 300 million coins worth $41.77 million to Binance on April 7. This whale selloff has made traders and investors buckle up for additional price volatility ahead. Notably, the wallet address ‘DU8gPC5mh4KxWJARQRxoESFark2jAguBr5’ was recorded making the transactions. For context, usual market sentiments remain bearish amid such transfers as they bring potential selling pressure and increase the exchange supply for an asset. These dynamics negatively impact a coin’s price, abiding by the law of supply and demand. What Prompted The DOGE Whale Move? Meanwhile, it’s noteworthy that the Dogecoin whale’s selloff may be to mitigate losses amid an ongoing crypto market crash . The broader sector faces a black Monday as Bitcoin, Ether, and leading alts lose alarming values due to broader trends. Primarily as Donald Trump’s reciprocal tariffs kicked off, global markets and risk assets are facing heat in sync. As a result, even DOGE price is facing immense pressure, aligning with the whale dump mentioned above. Will Dogecoin Price Face Further Heat? The current market sentiment orbiting the renowned dog-themed meme coin is highly uncertain. Crypto market traders and investors are awaiting signs that show crypto prices have digested trade war tensions. Nevertheless, the current scenario remains highly bearish. As mentioned above, DOGE price has lost nearly 15% intraday and is resting at $0.13. In the interim, renowned crypto market analyst Berke Oktay warned that further downside risk may await traders as the token lost vital support and fell below $0.17. However, analyst Trader Tardigrade conversely revealed a bullish projection for the meme coin. Despite the price crash and massive Dogecoin whale dump, the analyst revealed that DOGE has formed its second RSI bullish divergence. This suggests momentum is improving even though the price is falling — often a sign that a trend reversal to the upside might be near. Source: Trader Tardigrade, X As a result, crypto market investors continue to reflect an uncertain sentiment and await a prominent bullish or bearish takeover in the coming days. The chances of DOGE slipping below $0.1 remain relatively low at the moment, although market concerns persist due to broader trends. The post Dogecoin Whale Dumps 300M Coins Amid Market Crash, Can DOGE Price Dip Below $0.1? appeared first on CoinGape .