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Fed Chair Jerome Powell is set to testify at Congress today, where the Fed Chair plans to reiterate the Committee’s wait-and-see approach to Fed rate cuts. The Fed Chair is also going to allude to Trump tariffs and warn about how they put the economy at risk of rising inflation. Jerome Powell Reiterates No Hurry
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The post Tether Announces QVAC Platform: Revolutionizing Artificial Intelligence Development Via USDT appeared first on Coinpedia Fintech News
Tether, a top-tier stablecoins issuer that is heavily invested in the Bitcoin (BTC) network, announced its QuantumVerse Automatic Computer (QVAC) is in the final phase of the development process. According to the announcement, the QVAC platform will play a crucial role in the mainstream adoption of AI agents.
The QVAC platform allows scalable artificial intelligence (AI) applications and agents to run directly on local devices without necessarily requiring centralized cloud infrastructure. Ultimately, QVAC platform users will have control over their private data.
“Artificial intelligence should empower the next wave of growth for society and humanity, not delegate even more control to corporations that own servers and access keys,” Paolo Ardoino, CEO of Tether, noted.
The upcoming launch of the QVAC platform will play a crucial role in democratizing the mainstream adoption of Tether’s products, particularly USDT. Moreover, one of the notable features of the QVAC platform is the integrated payment.
Through Tether’s Wallet Development Kit (WDK), the QVAC platform will enable AI agents and applications to autonomously transact in USDT and Bitcoin (BTC). The USDT stablecoin has grown rapidly in the recent past to reach and surpass a market cap of about $150 billion.
“Integrated payments through WDK by Tether also allow AI agents to autonomously transact in Bitcoin and USDt, opening new possibilities for decentralized, self-sustaining AI systems,” the announcement highlighted.
The post Tether Announces QVAC Platform: Revolutionizing Artificial Intelligence Development Via USDT appeared first on Coinpedia Fintech News
Tether intends to empower next-generation AI agents with the QVAC platform. Through Tether’s wallet development kit, the QVAC platform will allow AI agents to transact in USDT and BTC. Tether, a top-tier stablecoins issuer that is heavily invested in the Bitcoin (BTC) network, announced its QuantumVerse Automatic Computer (QVAC) is in the final phase of …
Crypto market capitalization closed the week above $2.7 trillion mark on Saturday, April 5, while Trade war panic wiped over $1 trillion off US tech stocks including Apple, NVIDIA and Microsoft.
As Trump announced fresh tariffs on Wednesday, global Markets reacted swiftly. The Dow Jones Industrial Average dropped over 3000 points plunging 7.4%, while Crude Oil (WTI) also tumbled more than 10% as manufacturers and commodities traders brace for a blip in global commerce.
But the most dramatic losses came from the United States’ technology sector. Apple, Microsoft, and NVIDIA—three of the most valuable companies globally—shed more than $1 trillion in market capitalization combined after Trump announced the sweeping tariffs on Wednesday.
Apple alone fell 15.02% on the week, while NVIDIA’s stock lost 15.4% following supply chain concerns tied to the semiconductor industry. Microsoft declined 15.9%, extending its weekly loss to the steepest seen since October.
Notably, all three stocks which traded above the $3 trillion mark in the past year have now plunged below that historic threshold.
At press time, on Saturday April 5, Apple (AAPL) sits atop with $2.83 trillion market cap, while Microsoft (MSFT) and NVIDIA (NVDA) follow with current valuations of $2.7 and $2.3 trillion valuations respectively.
Historically, such synchronized declines among the biggest U.S. corporations suggest investors are reacting to systemic market risks rather than, individual stock performance outlook.
This affirms that China’s swift retaliation—announcing new tariffs on U.S. exports within 48 hours—has sparked fears of a sustained trade war.
The looming supply chain risks has prompted investors to pivot away from US stocks towards alternative markets like private credit and cryptocurrencies.
Bitcoin price has held firmly above the $80,000 mark, despite US Trade tariffs sparking intense market turbulence across global financial markets over the past week. BTC’s resilient price action has caught investor’s attention, with the positive sentiment extending towards altcoins.
On Wednesday, the White House triggered widespread investor anxiety by unveiling sweeping new tariffs on imports from multiple trading partners, including China, India, Mexico, and the European Union.
Early market reactions show that cryptocurrencies withstood the sell-pressure while US Stocks, and manufacturing commodities markets nose-dived.
As seen in the Coingecko chart above, the aggregate crypto market capitalization stands at $2.7 trillion at press time, keeping weekly timeframe losses below the 8% mark. Not only has Bitcoin price held above the $82,000, the resilient performance extended to the crypto sector as a whole.
As seen in the chart, top ranked altcoins like XRP, BNB and Cardano are holding key support levels around $2, $590 and $0.65 respectively, as global markets saw major sell-off response to Trump’s tarrfis.
But in the crypto-sector as weak hands exited, and BTC held steady, altcoin found new buyers as as investors exiting us stocks sought assets unexposed to trade tensions. In effect, Crypto markets only declined 8% in the past week, while Microsoft, Nvidia and Apple all plunged by more than 15%.
As investors exited those markets, the displaced capital found its way into the crypto markets, which has kept top altcoins that Ethereum, XRP, BNB. and Solana consolidating near the $1,800, $2, $600.
For context, of the top 5 ranked cryptocurrencies are posting BTC, ETH, BNB and XRP are all posting less than 1% losses on the weekly timeframe.
Meanwhile, Solana the worst performer among the top-ranked altcoins this week, settles at $119 at press time, having only plunged 5%, despite active bearish catalyst from token unlocks, and upcoming FTX payouts.
The post Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days appeared first on CoinGape.
As US President Donald Trump announced a 90-day tariff delay, top cryptocurrencies like Bitcoin (BTC), XRP, and Dogecoin (DOGE) are showing signs of a potential breakout. In addition, with Trump’s hint at pausing the 50% tariff on China, all eyes are on its potential impact on the broader crypto market.
With the traditional financial market experiencing relief after a massive downturn, cryptocurrencies, in correlation with stocks and bonds, are exhibiting positive momentum. Thus, Trump’s pause on his tariffs has sparked speculations of a bullish turn in BTC, XRP, and DOGE prices.
Notably, Trump’s unexpected pause on his tariff plans has sparked anticipation of a bullish reversal in the crypto market. These speculations have been further boosted by the Bitcoin price’s recent rally past $94k, marking a significant market shift.
Other top cryptocurrencies like XRP and DOGE have also seen a bullish resurgence following Trump’s tariff delay. Considering the prevailing positive sentiment, analysts and traders remain optimistic about the future performance of BTC, XRP, and DOGE prices.
Analyst CryptoELITES believe that the Bitcoin price is poised to hit a new all-time high of $180,000 in November 2025. At the same time, crypto expert Merlijn The Trader forecasted the BTC price’s bullish rally to $150k in the near future. Now, Bitcoin is exchanging hands at $94,386, up 1.9%.
In a recent analysis, expert XRP Governor has set a long-term target for the XRP price amid the latest Trump tariff delay. According to him, XRP could reach an ambitious high of $50 in 2027. Currently, XRP is valued at $2.20, up 2.29%.
Dogecoin, which is currently trading at $0.1821, has a short-term target of $0.22. Identifying a bull flag on its price chart, analysts predict DOGE’s potential uptrend.
Significantly, the crypto market is about to witness its highest rally, as pointed out by market expert Michael van de Poppe.
According to Donald Trump, high tariffs, 20%-50%, on foreign imports will be a “total victory” as the US will make a fortune from the revenue generated. In addition, these tariffs will attract companies to set up production in the US. This will create job opportunities and economic growth.
Furthermore, Trump draws comparisons to other countries like China, India, and Brazil to highlight their high tariffs. Thus, he acknowledges that tariffs are a key component of his economic policy.
In conclusion, this move has sparked speculation about a potential bullish rally in the crypto market, with Bitcoin being a key beneficiary.
The post BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay appeared first on CoinGape.