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Renowned economist Peter Schiff has raised an issue between Donald Trump’s tariffs and the president’s plan to make the US a Bitcoin superpower. Schiff believes that Trump is unlikely to achieve his goals with the tariffs while making the US a BTC superpower, as they both contradict each other.

Peter Schiff Explains How Trump’s Tariffs and Bitcoin Plans Contradict

In an X post, Peter Schiff stated that Donald Trump’s goals of solving the problems leading to the US’s huge trade deficits and making the country a Bitcoin superpower are at odds with one another.

The economist explained that the more the US diverts its scarce resources to crypto, the more it will depend on the rest of the world to produce the stuff that Americans need. Peter Schiff, who is a Bitcoin skeptic, has on several occasions criticized Trump’s tariffs and his Bitcoin plans.

He believes that the tariffs will only harm the US and lead to higher inflation or recession. The economist also believes that plans like the Strategic Bitcoin Reserve are a waste of resources. Schiff even urged former President Joe Biden to sell the US’s Bitcoin holdings before Trump took office earlier this year.

With Trump not backing down on his tariff plans, Schiff predicts that the Fed will likely cave and move to cut interest rates instead of raising them to help curb inflation. He predicts a Gold rally to new highs if that eventually happens.

The Bitcoin Criticism Continues

As a follow-up to his original post, Peter Schiff again criticized Bitcoin and Trump’s Strategic BTC Reserve plans. He stated that the flagship cryptocurrency does not create any value for the US. Instead, he claims resources are just wasted as money moves from Bitcoin buyers to sellers.

Meanwhile, Peter Schiff also commented on Gold’s correction towards the end of this week while the Bitcoin price surged past the $95,000 mark. He stated that this was just a counter-trend move, which happens from time to time. He urged market participants not to read anything more into it.

The post Peter Schiff Explains How Donald Trump’s Tariffs Contradicts The President’s Bitcoin Plans appeared first on CoinGape.

Shiba Inu price has dipped below $0.000015 on Saturday April 26, as bulls lose momentum. Derivatives trading data shows a SHIB price drop below $0.00001400 could trigger a cascading liquidations

Shiba Inu Price Consolidates as Bulls Lose Momentum

Shiba Inu price stalls after 17% gains on the weekly candle, with trading indicators suggesting the bullish momentum could be weakening.

Currently trading at $0.00001419, SHIB has only mustered a modest 0.6% gain over the last 24 hours, according to CoinGecko data.

However, its inability to sustain early gains above $0.000015 highlights mounting selling pressure, especially during U.S. trading hours where retail activity noticeably thinned.

Earlier in the day, multiple sharp rejections near the $0.0000150 zone on Binance and Coinbase hinted at exhaustion among short-term bulls.

After a sharp rally in Asian morning hours, SHIB price entered series of lower highs, typically a sign that buyer conviction is dwindling.

Traders on Asian-dominated platforms like Bybit and OKX reported heavier-than-usual spot selling, suggesting that some whales may be de-risking positions ahead of the weekend.

Shiba Inu maintains a market capitalization of approximately $8.36 billion, solidifying its spot as the 18th-largest cryptocurrency.

However, after last week’s rally, traders now appear to be taking on a cautious stance as liquidity thins, seeking clearer directional signals, particularly as Bitcoin price failed to hold the $95,000 level.

Nearly 3 Million SHIB Longs Risk Liquidation at Critical Price Level

Liquidation data adds another layer of concern for Shiba Inu. According to the latest Coinglass’ Liquidation Map, approximately 2.96 million SHIB longs are at risk of liquidation if the price drops to $0.00001365.

Binance alone accounts for 766,710 SHIB of this leveraged exposure, making it the largest single source of potential liquidation pressure.

The map highlights a clear liquidity pocket around this level, meaning a breakdown could trigger a wave of forced selling as margin positions are closed automatically.

Historically, similar patterns — like in late March when SHIB lost $0.000012 — saw prices collapse 5%–8% within hours as liquidation cascades intensified the downward pressure.

Recent trading on Binance Futures also shows a rise in the SHIB long-to-short ratio, reaching 2.7:1 at peak levels earlier today, before cooling slightly.

Over the past 30 days, cumulative long leverage has trended steadily downward, yet large clusters of overexposed longs persist just beneath the current SHIB price.

This concentration suggests that $0.00001365 now serves as a major liquidity cluster — if tested, it could lead to a rapid cascading effect, mirroring the sharp liquidations seen across altcoins like PEPE and FLOKI in similar setups earlier this month.

Within the current market dynamics, a sustained break below $0.00001400 could set off an aggressive liquidation cascade toward $0.00001365, and potentially lower if panic selling ensues.

Conversely, if SHIB price can maintain steady support above $0.00001420 and reclaim $0.00001450, it may avert a deeper correction.

The post 3,000,000 SHIB Longs Face Liquidation If Shiba Inu Price Tags This Key Level appeared first on CoinGape.

The conversation around 25-year prison sentence of Sam Bankman-Fried (SBF) has changed. After some voices in the crypto community suggested the punishment was too harsh, lawyer John Deaton stepped in with strong opinion regarding the conversation. His comments have added a new twist to the ongoing debate about whether justice was served.

Community Member Zach Revisits SBF Sentence

In a recent post on X, a crypto community member named Zach questioned whether Bankman-Fried’s sentence was too harsh. Zach pointed out that the customers of the crypto exchange he founded are being paid back entirely with interest. He suggested that the trading platform’s downfall was not because it was bankrupt but due to cash flow problems.

While he admitted that combining FTX customer funds with Alameda Research was illegal, Zach believed it was a case of poor management rather than criminal intent. He said Sam Bankman-Fried might have made decisions based on utilitarianism and effective altruism, rather than acting out of greed. 

After facing pushback from community members regarding his opinion, Zach quickly clarified that he was not arguing SBF’s innocence. Instead, he believed a 25-year sentence without parole for poor decision-making was not justice.

John Deaton Shares Hot Take

Meanwhile, John Deaton does not hold back when he responds to Zach’s argument. In his X post on social networking site X, Deaton said Sam Bankman-Fried fully deserved every year of his 25-year sentence. 

Deaton did not stop at Bankman-Fried alone. He said his parents, Joe Bankman and Barbara Fried, should also be facing prison time. He pointed to trial evidence, including private chats, which showed Bankman-Fried’s public image of altruism was fake.

The crypto lawyer also criticized him for showing no remorse after the collapse of FTX and mentioned that SBF donated $10 million to the Biden administration.

Concluding his remarks, he urged former Florida Attorney General Pam Bondi to reopen the SBF’s campaign finance fraud case that was dropped. John Deaton said the case was dismissed only because it involved elected officials.

Is There Hope for Sam Bankman-Fried?

Some market participants believe that the Justice Department could influence the future of Sam Bankman-Fried. Recently, federal prosecutors and regulators have scaled back on crypto cases.

Notably, regulators have focused mainly on crimes directly related to cryptocurrency and have left other matters to the US Securities and Exchange Commission.

Unfortunately, in the recent SBF interview with Tucker Carlson, the FTX founder admitted that without intervention, he could remain in prison until his late fifties.

Despite these efforts, the strong call from John Deaton for further charges suggests that leniency remains unlikely. However, the changing environment in Washington means the door is not entirely closed. For instance, former BitMEX CEO Arthur Hayes bagged Presidential pardon in the United States recently. 

The post John Deaton Slams Argument Against Sam Bankman-Fried’s ‘Unfair’ Sentence appeared first on CoinGape.

The post Pi Network: Why Dr Altcoin Strongly Believes in Its Future – Key Reason Behind It appeared first on Coinpedia Fintech News

While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he’s fully committed to the Pi Network. In a recent post, he shared why he is so passionate about the project, why he fully supports it, and why he remains committed to its future. And looking at the points he shared, it’s hard not to get excited too.

Mobile Mining and Global Adoption

One major reason Dr Altcoin supports Pi Network is its easy mining process. Users can mine Pi directly from their smartphones without using extra energy. Thanks to this innovation, Pi has grown to over 70 million users across more than 200 countries. 

It has helped millions of first-time users enter the crypto world, pushing mass adoption to a new level.

A Strong and Eco-Friendly Blockchain

Dr Altcoin also praised Pi’s eco-friendly blockchain, which uses the Stellar Consensus Protocol. It can handle about 200 transactions per second while using very little energy compared to Bitcoin.

Plus, every user and business is fully verified through KYC and KYB checks, creating a safer space for transactions.

Low Energy Usage

Energy consumption is a big problem in crypto, but Pi Network shines here. Bitcoin mining uses as much electricity as an entire country. In comparison, Pi’s 200,000 active nodes use far less power, making it a greener and more sustainable option.

Fast Transactions and High Security

The Pi blockchain allows for fast transactions with very low gas fees. Plus, the Pi Wallet is protected by a 24-word passphrase, making it almost impossible to hack. Every user holds their non-custodial wallet, which adds another strong layer of security.

Growing Pi Ecosystem

With over 100 decentralized apps (DApps) already using Pi for transactions, the dream of a real, peer-to-peer digital currency is coming to life.  

With Pi currently trading at a very low price, he believes it’s the perfect time for long-term investors to accumulate. Big upcoming events, like the Consensus 2025 Summit, could bring even more attention to the project.

Golden Opportunity for Investors

Currently, Pi Coin is sitting at its lowest price ever, and Dr Altcoin sees this as a golden opportunity for investors to stock up. As of now, Pi is trading around $0.645, staying firm above a rising support line that has been holding strong since early April. 

If buyers step in with more energy, Pi could soon break past $0.825, and possibly even reach as high as $1.30.

The post Pi Network: Why Dr Altcoin Strongly Believes in Its Future – Key Reason Behind It appeared first on Coinpedia Fintech News
While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he’s fully committed to the Pi Network. In a recent post, he shared why he is so passionate about the project, why he fully supports it, and why he remains committed to …

The post Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out! appeared first on Coinpedia Fintech News

Jed McCaleb’s departure from Ripple in 2014 has long been the subject of speculation. Many believed it was the end of his involvement with the company, but what if it wasn’t a breakup? What if Jed’s split was a strategic move, part of a bigger plan to create a parallel blockchain system?

Ripple & Stellar: Split That Wasn’t a Split

Jed McCaleb, one of Ripple’s co-founders, was key in designing XRP’s early framework. He helped build XRP’s architecture and contributed to Ripple’s initial success. After some disagreements, Jed McCaleb left Ripple in 2014 and quickly started Stellar (XLM). 

While many thought it was a breakup, the timing looks more like a planned move. It happened just as Ripple was growing in the world of big finance and global payment systems.

Eventually, if we look at the timing of Jed’s departure, it aligns perfectly with Ripple’s institutional expansion, the rise of the ISO 20022 standard, and discussions by global financial bodies like the IMF, the BIS, and the WEF about the future of payments. 

This suggests that Jed wasn’t leaving; he was deployed to launch the second half of a global payment solution.

XRP and XLM: Complementary, Not Competitive

Ripple’s XRP and Stellar’s XLM were never rivals; they were two parts of the same global plan. XRP focuses on improving liquidity, enabling cross-border payments, and supporting central bank digital currencies (CBDCs) in the financial industry. 

On the other hand, Stellar works on bringing blockchain technology to underserved communities, humanitarian efforts, and retail stablecoin transactions.

Strategic Partnerships on Both Sides

Both Ripple and Stellar have quietly secured powerful partnerships. Ripple works with major financial institutions like Bank of America and SBI, supporting international banking systems. 

Meanwhile, Stellar is closely tied to humanitarian projects, with the United Nations using it for blockchain-based aid and Franklin Templeton using it for tokenizing assets.

Jed McCaleb’s exit from Ripple wasn’t an accident; it was part of a well-timed plan. As Ripple focused on the institutional side, McCaleb’s Stellar project set out to bring the power of blockchain to the people.

The post Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out! appeared first on Coinpedia Fintech News
Jed McCaleb’s departure from Ripple in 2014 has long been the subject of speculation. Many believed it was the end of his involvement with the company, but what if it wasn’t a breakup? What if Jed’s split was a strategic move, part of a bigger plan to create a parallel blockchain system? Ripple & Stellar: …

Dogecoin price has once again secured a prominent spot on crypto traders’ and investors’ radars, extending its weekly rally to over 15% amid broader market trends. However, a peculiar surge in DOGE futures OI has garnered significant attention among market participants, topping the $2 billion mark. This stat has underscored rising market interest in the asset, paving a bullish path for future movements.

Meanwhile, a renowned crypto market analyst has further predicted amid these broader bullish dynamics that a price rally to $0.65 awaits.

Dogecoin Price Eyes $0.65? Analyst Predicts As DOGE OI Tops $2B

Renowned crypto market analyst Javon Marks has posted on X, predicting that Dogecoin price could hit $0.65 in the short term. This bullish prediction is primarily attributed to a ‘regular bullish divergence’ formation on the meme coin’s price chart.

Primarily, the analyst stressed that bears’ dominance over the asset is weakening. As a result, DOGE price is starting to show signs of major strength and looks to be breaking out, per the analyst.

Meanwhile, another renowned crypto expert going by the name Carl Moon has forecasted a bullish outlook for the meme token. As per Carl on X, Dogecoin price has broken out of a ‘falling wedge pattern’ and is gearing up for a massive pump ahead. Particularly, the analyst believes that the next price target for crypto is at $0.43. For context, a falling wedge pattern suggests that the price is eyeing a bullish breakout ahead.

At the time of reporting, DOGE price saw a 0.5% increase in value intraday, exchanging hands at $0.1827. The weekly chart for the meme coin showcased gains worth 15%. Overall, the broader rising price trajectory has solidified investors’ hope of a bull run ahead.

Simultaneously, Coinglass data reported that DOGE futures OI increased over 3% today, reaching $2.08 billion. Further, the derivatives market volume also soared by 15% to $4.56 billion. This on-chain data further indicated rising market interest in the asset, cementing the chances of a bull run ahead.

Even the meme coin’s options volume surged 83% today, alongside a surge of 160% in the Options Open Interest. Overall, traders and investors are anticipating a bullish price move against the backdrop of strong market technicals.

The post $2B DOGE In 24 Hours Hints At Dogecoin Price Breakout To $0.65 appeared first on CoinGape.