Crypto and TradFi markets had a strong opening today, as Bitcoin briefly jumped 5% due to optimism about a tariff deal. China and institutional investors in the US wish to avoid a trade war if possible.
Despite these encouraging signs, no deal has actually been reached, and Bitcoin also suffered subsequent losses. The whole market is in a state of flux until the situation becomes more clear.
Today, the Dow Jones Industrial Average surged 1,285 points, or 3.4%, while the S&P 500 and Nasdaq Composite both jumped 3.4% and 3.3%, respectively. Nonetheless, hundreds of stocks have fallen 20% or more.
Meanwhile, Bitcoin has a few advantages that can protect it from tariff volatility. For example, a recent report from Binance Research claims that the least risky cryptoassets are the most insulated from drops.
This includes RWAs and centralized exchanges, but Bitcoin is a close third.
Furthermore, the markets are very optimistic about a deal to avoid the tariffs. Yesterday, rumors of a pause triggered a trillion-dollar rally, highlighting traders’ desperation for good news.
Despite the retaliatory tariffs, China is similarly eager to avoid a full-blown trade war with the US. Trump claimed that he is making progress with China and South Korea, fueling optimism.
I just had a great call with the Acting President of South Korea. We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, their joint venture in an Alaska Pipeline, and payment for the big time Military Protection we…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 8, 2025
Nonetheless, it’s important not to overstate Bitcoin’s chances of success under tariffs. Despite the hopes on both sides of the Pacific, China confirmed that it’s prepared to fight a trade war if Trump forces its hand.
This might explain Bitcoin’s price drops despite its strong performance since yesterday. Ultimately, all we can do is wait and hope.
Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin.
Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin.
Bitcoin Over Everything: Michael Saylor’s Focus Amid Altcoin Frenzy
In an interview with Bloomberg, Bitcoin maximalist Saylor stressed that despite growing interest in altcoins, most of the capital is still going into Bitcoin.
“So I’m laser like focused on Bitcoin,” he said.
The Strategy co-founder revealed that the number of companies adding Bitcoin to their treasuries has more than doubled in just six months, jumping from roughly 60 to 160. Furthermore, Saylor labeled Bitcoin as ‘digital capital.’
He forecasted that it would surpass the S&P 500 in performance over the long term
“I think it’s the clear global monetary commodity in the world right now. So it’s the lowest risk, highest return, most straightforward strategy if you want to outperform the S&P and if you want to inject vitality and performance into your balance sheet,” Saylor added.
His latest remarks came after Strategy announced its third-largest Bitcoin purchase. Between July 28 and August 3, the company bought 21,021 BTC for $2.46 billion. The firm, the largest public holder of BTC, has 628,791 BTC worth $74.33 billion.
Strategy’s Bitcoin bet has also proven lucrative. In Q2, the firm reported a net income of $10.02 billion, a shift from the losses posted in the first quarter.
The End of Bitcoin-Only Treasuries? How ETH is Stealing the Spotlight
While Saylor’s conviction in Bitcoin remains unshaken, Ethereum is becoming the next preferred choice for many institutional players. Moreover, their conviction is not without reason.
“Due to staking yield, DeFi leverage. And from a regulatory arbitrage perspective, they make more sense than their BTC equivalents, too.
In addition, Shawn Young, Chief Analyst at MEXC Research, recently told BeInCrypto that the industry has moved beyond the era of Bitcoin-only corporate treasuries.
“Companies are increasingly diversifying across ETH, SOL, BNB, and TON, treating them as strategic assets aligned with the evolving structure of digital finance. This marks a significant departure from the traditional institutional finance playbook. Firms are beginning to align their treasury portfolios with the operational logic of crypto-native ecosystems, prioritizing liquidity, programmability, and exposure to on-chain growth sectors, Young mentioned.
He explained that firms publicly disclosing their digital asset holdings are setting a new benchmark. According to Young, companies integrating cryptocurrencies into their treasuries today could help shape the new corporate standard in the coming years.
The rollout will simplify international money transfers and trade flows, especially between Kyrgyzstan, neighboring Central Asian countries, and members of the Eurasian Economic Union (EAEU).
“This Memorandum of Understanding represents a shared vision for leveraging blockchain technology to create sustainable economic opportunities, improve financial inclusion, and advance the freedom of money in Kyrgyzstan,” Kyrylo Khomiakov, Regional Head of CEE, Central Asia, and Africa at Binance, said.
Beyond crypto payments, the initiative prioritizes public education. Binance Academy will collaborate with the Investment Agency to develop financial literacy programs tailored to both institutions and everyday citizens.
These efforts aim to equip Kyrgyzstan residents with the knowledge needed to navigate digital assets and Web3 technologies.
The educational programs will cover a range of topics, from basic crypto awareness to more advanced digital finance concepts.
According to the exchange, this move is part of a larger plan to empower local entrepreneurs and foster innovation within the country’s tech sector.
Farhat Iminov, head of the National Investment Agency, described the partnership as a forward-thinking step toward building a robust digital finance ecosystem.
He emphasized the importance of establishing a solid framework for crypto adoption and improving access to financial knowledge.
This move marks another milestone in Binance’s growing role as a crypto policy partner for governments.
HTX, a leading global cryptocurrency exchange, has announced the launch of the sixth phase of its Crypto Gem Hunt program. Amidst a crypto market characterized by persistent volatility, with Bitcoin fluctuating between $100,000 and $110,000, market sentiment remains largely influenced by macroeconomic policies, regulatory developments, and speculative behavior. Against this backdrop, HTX’s Crypto Gem Hunt leverages rigorous data analysis and a meticulous selection process to spotlight seven standout projects. These projects are strategically positioned for growth and demonstrate strong community engagement. The selected assets span some of today’s most dynamic sectors—including RWA/DeFi, AI, Meme, LSD, and SocialFi—and feature both promising new entrants and well-established projects that have recently outperformed broader market trends.
New Listings Shine Across a Well-Balanced Sector Mix
In May, HTX listed 23 new assets, including six stablecoins, an approach that underscores its commitment to staying at the forefront of the stablecoin trend and expanding its asset offerings. Notably, USD1 made its global debut on HTX. The token, issued by World Liberty Financial (a company backed by the Trump family), focuses on building a DeFi lending ecosystem in the United States. USD1 quickly gained traction as one of May’s most discussed projects on social media and received an S rating.
Besides USD1, two other new assets in Crypto Gem Hunt #6 have stood out:
SYRUP (Maple Finance), a key player in the RWA/DeFi sector, experienced an impressive 117.7% surge following its listing on May 8, earning an A rating. SYRUP is the native token of Maple, a decentralized lending protocol that allows users to deposit USDC, receive syrupUSDC, and earn yield. All loans are collateralized by digital assets, ensuring both strong security and sustainable returns.
KAITO, an innovator in the InfoFi/AI sector, recorded a remarkable 263.6% increase since its listing on HTX on February 23, securing an A rating. KAITO is building an AI-driven crypto information network that streamlines content distribution among creators, users, and capital. By empowering the content ecosystem, KAITO is positioning itself at the forefront of the convergence between crypto and AI.
Despite continuous shifts in market dynamics, a select group of earlier-launched projects are demonstrating remarkable resilience. Backed by strong product fundamentals and vibrant community support, they’ve recently returned to the spotlight with evolving narratives and renewed momentum, capturing the attention of both investors and users.
Two Meme projects from last September, MOODENG and NEIROCTO, serve as notable examples:
MOODENG, built on the Solana (SOL) chain, surged an incredible 961.5% and received an A rating. Inspired by the famous pygmy hippopotamus from Thailand, MOODENG’s unique design, strong community, and viral momentum propelled it to a nearly tenfold increase post-launch.
NEIROCTO (First Neiro On Ethereum) is community-driven and carries on the spirit of Doge. Since its launch on September 7, 2024, it has seen a peak increase of 235%. Through consistent operational efforts and content-driven initiatives, NEIROCTO has cultivated a highly engaged Meme community.
ETHFI (ether.fi), launched in March 2024, emerged during the boom of the LSD sector and has since recorded a 258.7% increase. With rising interest in LSD solutions within the Ethereum ecosystem, ETHFI shows strong growth potential and a solid track record.
MASK (Mask Network), launched in 2021, is a SocialFi project that recently gained 187.3%. Acting as a bridge between Web2 (traditional internet) and Web3 (decentralized internet), MASK integrates decentralized applications into mainstream social media via a browser plugin. Recent feature updates and community efforts have significantly contributed to its price recovery.
HTX Crypto Gem Hunt Empowers Users Across Market Cycles
To date, HTX has launched six rounds of its Crypto Gem Hunt program. The latest selection features not only high-growth new assets from emerging sectors but also established projects that have recently delivered strong performance. Together, these assets offer users a well-balanced portfolio—combining defensive stability with high-upside potential.
Looking ahead, HTX Crypto Gem Hunt will continue to empower users through professional, intuitive asset discovery supported by robust data and forward-looking analysis.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
