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The crypto market, led by Bitcoin, has rebounded following Donald Trump’s decision to exempt tech products from tariffs he has imposed on China and other countries. Market participants see this as a positive amid the ongoing trade war between the US and China.

Crypto Market Rebounds As Donald Trump Exempts Tech Products From Tariffs

The crypto market has surged following Donald Trump’s move to exempt tech products from reciprocal tariffs imposed on China and other countries. According to a CNBC report, the US president has exempted phones, computers, and chips from the new tariffs.

The Bitcoin price surged past the $85,000 market following this report, with other altcoins also recording significant gains. This development is undoubtedly bullish for the market as it reduces the severity of the tariffs that Trump imposed on almost all countries earlier this month.

Moreover, this represents a big win for the stock market, with companies like Apple the biggest beneficiaries of this exemption. As such, it is normal for the crypto market to rebound alongside, given Bitcoin’s correlation with stocks.

Meanwhile, this move could also mark the beginning of the end of the ongoing trade war between the US and China. As CoinGape reported, China yesterday announced a 125% tariff on US imports following the latter’s decision to impose 145% tariffs on Chinese goods.

Trump already mentioned that he is looking forward to making a deal with China, which is also positive for the market. Bitcoin and altcoins could witness another massive rally once that happens.

Correctional Phase Could Soon Be Over

In a recent X post, crypto analyst Kevin Capital suggested that the correctional phase could soon be over for the crypto market. He noted that this phase has so far gone according to plan. However, he warned that there is still a lot of work to be done.

The analyst believes it is important for the Bitcoin price to clear the $89,000 level before market participants start feeling good. He added that the macro side also needs to line up for things to start looking really good for the market.

The macro side looks to be progressing well as the Federal Reserve recently revealed plans to provide liquidity if necessary. Meanwhile, the latest CPI and PPI inflation data came in lower than expectations, which could also motivate the Fed to start easing monetary policies.

Crypto analyst Rekt Capital warned that Bitcoin isn’t there yet. He stated that it would be momentous to weekly close above $86,000, as this would potentially set BTC up for a repeat of a mid-2021 breakout. However, the flagship crypto is still away from the bullish weekly close of $86,811.

The post Crypto Market Rebounds As Donald Trump Exempts Tech From Tariffs On China appeared first on CoinGape.

Ethereum’s torrid patch is extending into Q2 of 2025, forcing industry players to wade into proffer advice for the largest altcoin. Bankless confounder David Hoffman says a change in network culture will have the biggest impact on the Ethereum price performance.

David Hoffman Wants Ethereum Community To Stop Policing Behaviour

Bankless cofounder David Hoffman has revealed suggestions to improve Ethereum price performance, pointing to a culture and leadership shift in the network. According to an X post, Hoffman says mainstream Ethereum critics are sidestepping the real reason for ETH’s lackluster price performance in recent months.

Hoffman notes that Ethereum’s leadership and its culture of alienating users and builders is to blame for its underwhelming performance. The cryptocurrency executive cited the public exorcism of ETH staking platform Lido Finance and criticism against degenerate traders.

At the time, Lido Finance came under fire from the Ethereum community for regulatory, centralization, and security concerns while degens took flak for spiking gas fees and lack of long-term projects.

He argues that the broad hostility against a class of users plays a big role in the Ethereum price decline. Hoffman notes that the network’s attempt to police behavior on a permissionless chain is the straw that broke the camel’s back. Ethereum price is hanging onto the $1,500 mark after sinking to lows of $1,415 over the last week.

To remedy the situation, David Hoffman is advocating for the Ethereum Foundation (EF) to attract users and builders to the network, demonstrating the spirit of true decentralization.

“If we want ETH to group, the EF and broader community need to start attracting users and builders, not pushing them away with a holier-than-thou culture,” said Hoffman.

Ethereum Price Is Staging A Strong Recovery

Hoffman’s comments come amid a fresh market resurgence for Ethereum price with ETH grabbing a 6% spike over the last day. While ETH price has declined to a 5-year low against Bitcoin, momentum is rising for prices to reclaim $2,000.

One side, backed by community members like Leo Glisic sees a potential upside for Ethereum, driven by a simple investment narrative.

“The play is infrastructure for the future global financial system,” said Glisic. “Ethereum will serve as the settlement and interoperability layer, which is a winner-take-all market.”

However, CryptoCurb is comparing Ethereum to Nokia’s downfall, noting that Solana will displace ETH like Apple to become the largest altcoin. Critics like CryptoCurb and Peter Schiff say the rally is unsustainable and an ETH decline below $1,000 is a possibility.

The post Bankless Cofounder David Hoffman Reveals Strategy To Improve Ethereum Price Performance appeared first on CoinGape.

Binance CEO Richard Teng has broken his silence on the market’s current trends, revealing his most important focus. Known for its related commentary in the market, Teng shared five key elements of success that are often masked to the public. This comment comes as the broader digital currency ecosystem enters a consolidation phase.

Richard Teng Success Tip and Binance Reflection

Richard Teng revealed in a post on X that behind every picture of success, there are unseen factors. He named these factors as the risks taken, patience tested, hard work invested, discipline maintained, and consistency upheld.

While the market has not recorded a major crypto winter since Richard Teng became Binance CEO in 2024, it has witnessed intense volatility. Despite the relative stability that the industry has experienced, putting the elements of success as Teng showcase was necessary.

The exchange has taken defined risks in the industry with bets on new tokens for listing and investments in new startups. As reported earlier by CoinGape, Binance announced the listing of ONDO, VIRTUAL, and BIGTIME due to its decentralized voting.

The trading platform shunned the risks associated with these tokens, underscoring how it practices the principles outlined by its CEO. To wrap up his latest X post, Richard Tend advocated for continuous product development to serve users.

Right Message for the Crypto Market

Binance Exchange controls a significant share of the spot and derivatives crypto market. With Teng’s update, the exchange’s users might look beyond temporary losses brought on by the market for better days.

Meanwhile, there has been a bullish shift in the market, with most altcoins now in consolidation mode. Bitcoin price changed hands for $84,698.26, up 1.81% in 24 hours. After months of fluctuations owing to the US-China trade war, the coin finally formed support at $84,000.

The breakout in the price of BTC from a low of $74,436.67 in the past week has helped fuel the broader crypto market recovery. Other altcoins like Ethereum (ETH), Solana (SOL), and XRP are up by 3.44%, 6.78%, and 5.4%, respectively.

Notably, Richard Teng’s new insight complements his earlier role in the market. Earlier in the week, he revealed how current trade tensions could strengthen Bitcoin. According to him, BTC’s role as a non-sovereign store of value makes it immune from general monetary policies amid global finance uncertainty.

The post Binance CEO Shares Success Insight as Market Consolidation Deepens appeared first on CoinGape.

The TRUMP token, a Solana-based meme coin associated with U.S. President Donald Trump, rose 7% in the last 24 hours. This TRUMP price increase comes ahead of a scheduled token unlock event that will draw attention across the cryptocurrency market.

Despite the market’s broader weakness, the TRUMP token is showing signs of stabilization. Analysts are closely watching the token’s next moves as more supply is set to enter circulation.

Large TRUMP Token Unlock Set for April 18

The TRUMP token will unlock 40 million new tokens on April 18. These will be distributed to the project’s team members. Based on the current trading price, the value of this unlocks is around $320 million.

According to crypto analytics platform Tokenomist, this unlock will increase the circulating supply, raising it to around 240 million TRUMP. The total supply of the token is capped at 1 billion. These tokens represent over 60% of all scheduled insider unlocks for the week, totaling $519 million. Fast Token and Arbitrum will also unlock $80.6 million and $27.2 million worth of tokens, respectively.

Token unlocks can add supply without increasing demand. If many of these tokens are sold, this can cause price declines. Investors have been watching the token closely ahead of this release, especially after large losses earlier this year.

Market Sentiment and Holder Data

The TRUMP token price saw a high of $73.43 on January 19. Since then, TRUMP has fallen by nearly 89%, reaching around $8.03. Despite this drop, some technical indicators suggest buying pressure may be returning.

Data from Dune shows that the number of unique TRUMP token holders has decreased from 817,000 at launch to about 637,000. Wallets holding over $1,000 in TRUMP have dropped from 143,000 in January to only 12,000. This has been prompted by recent whale sell-offs with major losses, as reported by CoinGape.

Though interest in the token has slowed, recent price action shows a possible change. The price has moved from a low of $7.50 to $8.03, showing signs of a short-term rebound.

Technical Indicators Suggest Possible Breakout

The TRUMP token price technical analysis points to a possible upward movement. Since April 8, the token has been trading between $7.65 and $8.30. This range may act as a base before a breakout.

Chaikin Money Flow (CMF) is around -0.03, slightly below zero. A move above zero could signal growing buying activity. The Money Flow Index (MFI) is at 42.87, within a neutral range but rising steadily. This shows that the buying volume is slowly building, a precursor of a TRUMP price bullish breakout.

The chart suggests the TRUMP token price may dip to the $7.65 zone before a strong rally. If buying momentum continues, the price could break resistance at $8.30 and move toward the $9.50 level.

Analyst Charts Key Levels For TRUMP Price

According to crypto analyst CryptoBheem, the TRUMP token has been consolidating in a tight range, forming a base after weeks of decline.

As per CryptoBheem, multiple touches of the $8.30 resistance level raise the breakout chance.

If the TRUMP token price maintains upward momentum, it could push toward the $10.50–$11.00 zone. However, if the token fails to hold above $8.00, a drop to $7.50 may follow.

The post TRUMP Token Price Jumps 7%: Could a Long-Term Rally Be Coming? appeared first on CoinGape.

While investors scan the horizon for an official announcement from World Liberty Financial (WLFI) over its USD1 stablecoin, on-chain data indicates significant activity. The USD1 stablecoin has recorded a daily trading volume of nearly $44 million following a soft listing on BSC and Ethereum.

USD1 Stablecoin Records $44 Million In Daily Trading Volume

According to data from Coingecko, USD1 stablecoin has recorded frenetic activity levels over the last 24 hours. Data from the crypto data aggregator, USD1 stablecoin has garnered a daily trading volume of $44.8 million over the last day.

The surge in daily transaction activity comes in the absence of an official exchange listing announcement of USD1 stablecoin. However, USD1 tokens are raking up impressive numbers following the soft launch on decentralized exchanges like PancakeSwap V3 on BSC. On-chain data reveals that the most active trading pair on PancakeSwap V3 is the USD1/WBNB with volumes of nearly $22 million.

Despite the 43,714% spike in daily transaction activity, total supply sits at just over the $7 million mark. WLFI cofounder ZachWitkoff reposted a tweet alluding to the soft launch of the USD1 stablecoin on Ethereum and BNB Chain.

“The stablecoin USD1, created by the WLFI ecosystem, has recorded $45 million in volume within its first 24 hours live,” wrote the pseudonymous Notaz.Sol on X. “Now available on BNB Chain and Ethereum, the strong debut signals growing interest and demand for USD1.”

USD1’s daily trading volume spike follows an airdrop proposal for WLFI holders early in the week in an attempt to drive adoption metrics.

When Will WLFI Announce An Official Exchange Listing?

Weeks after WLFI percolated the ecosystem with the announcement of USD1, the stablecoin is yet to make its debut on centralized exchanges. The delay in listing continues to stump investors but recent on-chain transaction volume indicates a major listing announcement is imminent.

A previous listing date prediction for USD1 fell through but enthusiasm is still running high for community members. Since the April 1 prediction did not pan out, eyes are fixed for a listing announcement before the end of April.

However, pseudonymous crypto analyst xHuai.eth opines that the listing will likely coincide with the passing of a new stablecoin bill in the US. Flowing from the official announcement for the USD1 stablecoin, the technical aspect for the listing is covered with Ethereum and BNB Chain tapped for launch, hinting at a potential listing.

USD1 is racing against other industry firstmovers like USDC and USDT and an early listing will give it an edge to snag a slice of the market share.

The post WLFI’s USD1 Stablecoin Garners $44 Million In Trading Volume Ahead Of Official Launch appeared first on CoinGape.

The post Binance Co-Founder CZ Predicts Bitcoin To Hit $1 Million—But Here’s What He Says? appeared first on Coinpedia Fintech News

After weeks of struggling, Bitcoin is finally making a strong comeback and has now jumped to $85k. But that’s not the biggest news. In a recent interview, Changpeng Zhao, the co-founder and former CEO of Binance, made a jaw-dropping prediction, he believes Bitcoin will eventually hit $1 million!

Bitcoin Could Reach $1 Million

In a recent interview in Pakistan, where he was recently named the strategic advisor for the Pakistan Crypto Council, CZ opened up about the future of crypto, youth adoption, and the role governments might play in the coming years.

From the streets of Lahore to the global stage.@cz_binance sat down with PCC CEO @Bilalbinsaqib to talk crypto regulation, youth empowerment, and Pakistan’s place in the Web3 revolution.

Watch now. pic.twitter.com/p52viXL24o

— Pakistan Crypto Council (@cryptocouncilpk) April 11, 2025

During an interview, when asked if Bitcoin could realistically hit $1 million, CZ didn’t hesitate. “Yes, I believe it will happen,” he said. However, he also made it clear that this kind of growth takes time.

He explained that many people want success to happen instantly, but the crypto market is still young. Big things, he said, often take years to grow. “We’re still in the early stages. Good things don’t happen overnight.”

Countries Will Race to Buy Bitcoin

Further into the interview, CZ also predicted a future where countries compete to stock up on Bitcoin. Since the U.S. has already treated Bitcoin as a reserve asset, other countries might follow soon. 

He believes that the richest countries will be the first to invest in large amounts of Bitcoin. That move could send Bitcoin’s price soaring, leaving slower adopters struggling to catch up.

Other Experts Predict The Same

CZ isn’t the only one who sees a bright future for Bitcoin. Jack Dorsey, co-founder of Block and former CEO of Twitter, thinks Bitcoin’s market value could cross $20 trillion by 2030. That would push the price to at least $1 million.

Samson Mow, CEO of JAN3, believes Bitcoin might hit that number by 2025, though many think that timeline is a bit too hopeful. 

Meanwhile, Cathie Wood of Ark Invest predicts Bitcoin could even reach $1.5 million by the end of this decade.

The post Binance Co-Founder CZ Predicts Bitcoin To Hit $1 Million—But Here’s What He Says? appeared first on Coinpedia Fintech News
After weeks of struggling, Bitcoin is finally making a strong comeback and has now jumped to $85k. But that’s not the biggest news. In a recent interview, Changpeng Zhao, the co-founder and former CEO of Binance, made a jaw-dropping prediction, he believes Bitcoin will eventually hit $1 million! Bitcoin Could Reach $1 Million In a …

The post Will Ethereum Price crash More Next week?? appeared first on Coinpedia Fintech News

Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH’s price, which dropped 10% in the last week. With momentum slipping, many are now wondering, is a bigger crash coming next week?

Ethereum ETF Outflow Continues

On April 11, Ethereum spot ETFs saw a total outflow of $29.2 million, making it the fourth day in a row with negative movement. Leading the outflow charge was Grayscale’s fund (ETHE), which recorded the highest withdrawal at $26.1 million, followed by Bitwise (ETHW), which saw $3.1 million pulled out.

This ongoing drop in big investor support is causing more selling, making Ethereum’s price fall further.

But it’s not just the money flowing out that’s causing concern. Ethereum’s network activity is also slowing down as fewer users are interacting with apps built on the Ethereum blockchain. 

In fact, unique active wallets on Ethereum have dropped by over 33% in the past month.  In comparison, Solana only saw a 16% decrease, while Tron saw a 16% increase in activity.

Major Bank Losing Confidence In ETH

To make matters worse, Standard Chartered Bank has lowered its year-end price target for ETH by 60%. The bank now expects Ethereum to end the year around $4,000, citing concerns over its scalability and competition. 

They believe Ethereum has become too reliant on Layer 2 networks and may be losing its edge.

Will ETH Price Continue To Drop?

Ethereum’s price has dropped by 10% in the past week, and things could get worse if demand keeps falling. Without strong support from big investors, it’s harder for ETH to bounce back anytime soon.

Right now, charts show a bearish trend, meaning sellers are still in control. If the price falls below $1,500, it could drop even further, possibly to the $1,300 or $1,200 range.

On the flip side, if ETH holds strong and climbs above $1,700, there’s a chance for a short-term recovery. In that case, the price could rise toward $1,900 or even $2,000 in the coming days.

The post Will Ethereum Price crash More Next week?? appeared first on Coinpedia Fintech News
Ethereum is under pressure as U.S.-based ETFs linked to it have seen outflows for seven weeks in a row. Just this week, nine Ethereum ETFs lost a total of $82.47 million. This steady withdrawal of funds has taken a toll on ETH’s price, which dropped 10% in the last week. With momentum slipping, many are …

The post Pi Network News: Pi Coin Nears $1 Ahead of Massive 188 Million Token Unlock appeared first on Coinpedia Fintech News

After weeks of slow movement, Pi Coin made a strong comeback, jumping more than 25% in just one day. The price soared past $0.75 and is now sitting at $0.72, making it the top-performing major altcoin today. In the past 24 hours alone, Pi is up nearly 30%, with a 52% gain over the last 90 days.

The market is showing strong signs of optimism, with analysts pointing to a possible rise to $1 if this momentum continues. Technical indicators also look positive — the 10-day SMA (simple moving average) just crossed over, and the RSI (relative strength index) suggests a bullish trend. Pi Coin also hit a weekly high of $0.78, pushing its market cap beyond $5 billion.

Adding to the excitement, the Pi Network recently launched the Pi Ad Network, giving developers a new way to make money from their apps and boosting Pi’s real-world use. This is seen as a big move toward building a stronger, more useful ecosystem.

However, not everything is smooth sailing. A major unlock of 188 million PI tokens is expected in the next 30 days, according to PiScan. This could create selling pressure on the market. Also, while 87% of the community supports a Binance listing, the exchange has not yet taken action.

Even with the recent launch of the Pi Network’s mainnet, trading volume has dropped by 44%, signaling mixed investor interest.

What’s next?

All eyes are on the upcoming token unlock and whether Binance and other major exchanges will list Pi. These events could play a big role in shaping the coin’s future price.

The post Pi Network News: Pi Coin Nears $1 Ahead of Massive 188 Million Token Unlock appeared first on Coinpedia Fintech News
After weeks of slow movement, Pi Coin made a strong comeback, jumping more than 25% in just one day. The price soared past $0.75 and is now sitting at $0.72, making it the top-performing major altcoin today. In the past 24 hours alone, Pi is up nearly 30%, with a 52% gain over the last …

The post Terraform Labs Gives Creditors One Last Chance—Claim Your Crypto Losses by May 16! appeared first on Coinpedia Fintech News

If you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal. With the new deadline set for May 16, 2025, thousands of affected users now have extra time to gather documents and submit proof to claim their losses. 

Here’s everything you need to know.

Portal Open Until May 16, 2025

Terraform Labs, the company behind the fallen Terra USD token and Luna coin, is currently winding down operations after filing for bankruptcy. As part of this process, it has launched an online Crypto Loss Claims Portal to let affected users file claims for their crypto losses.

Earlier, the deadline to submit claims was set for April 30. However, the company has now extended the deadline to May 16, 2025, at 11:59 p.m. ET, giving creditors more time to file their claims and upload the required documents.

Meanwhile, the fastest and most trusted way to verify your holdings is through Preferred Evidence, such as read-only API keys from major exchanges or wallet verifications. 

Submitting Manual Evidence, like screenshots or transaction logs is allowed, but this method could result in delays or even disqualification if Preferred Evidence is available and not used.

Who’s Eligible?

To be eligible, claimants must have suffered losses from cryptocurrencies listed under “Eligible Loss Cryptocurrencies.” These include tokens that were part of the Terra ecosystem but exclude some holdings like Luna 2.0 on Terra 2.0 or coins with very low on-chain liquidity (below $100). 

However, a full list of eligible tokens is available on the official Kroll portal.

How and Where to File Your Claim?

Users can visit claims.terra.money to submit their claims. It’s important to complete and submit the Crypto Loss Claim Form along with all necessary documentation before the final deadline of May 16, 2025, at 11:59 p.m. ET. Any claims submitted after this time will not be accepted.

What If You Miss The Deadline?

If you’re a victim of the Terra collapse, this may be your best shot at recovering losses. However, failing to file a claim before May 16 means you’ll likely lose your chance to recover any losses. 

Be sure to visit the portal, read the claim procedures carefully, and submit your evidence as soon as possible.

The post Terraform Labs Gives Creditors One Last Chance—Claim Your Crypto Losses by May 16! appeared first on Coinpedia Fintech News
If you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal. With the new deadline set for May 16, 2025, thousands of affected users now have extra time to gather documents and submit …

The post Bitcoin, Ethereum, and XRP Price Prediction: Will BTC, ETH, and XRP See a Bullish Week Ahead? appeared first on Coinpedia Fintech News

The crypto market is stabilizing as Bitcoin (BTC) recovers above $85K, with Ethereum and XRP prices maintaining above $1,500 and $2 respectively. This comes after China announced new tariffs on U.S. imports in response to President Donald Trump’s 145% tariff on Chinese products. Additionally, this week’s CPI and PPI data came below expectation, boosting the prices of Bitcoin and altcoin markets. This has left room for a significant recovery rally in the coming week as buying demand rises exponentially.

Bitcoin Price Analysis

Bitcoin has surged above the crucial $85K level and is now aiming to maintain its recovery rally toward upcoming resistance channels. As of writing, BTC price trades at $84,864, surging over 3.2% in the last 24 hours. 

The 20-day average price ($82,246) is starting to rise, but the RSI (which measures buying and selling strength) is hovering within the buying region at level 64, suggesting that the downward pressure is easing up a bit. As Bitcoin hovers around strong resistance channels, it’s likely to face downward correction. However, if buyers hold the momentum above $85K, the price might climb to $89,000 and possibly even $95,000 next week.

Also read: Bitcoin’s Next Breakout? Experts Say $200K Is Long Overdue

On the flip side, sellers will likely try to block that move and push the price back down below the $78K support. If they succeed, Bitcoin could fall again to retest the crucial $74.5K support level.

Ethereum Price Analysis

Ether bounced off critical $1,500 as sellers are having a hard time keeping the price down. As of writing, ETH price trades at $1,645, surging over 5% in the last 24 hours. 

The moving averages are trending up, and the RSI is in positive territory, which means buyers are having an advantage. They’ll likely try to hold the price above the descending resistance line. If this happens, we might see ETH price skyrocketing toward the crucial resistance around $2,000 next week.

Also read: Will Ethereum Price crash More Next week??

To avoid that, sellers need to quickly push the price below the EMA20 trend line. If they manage that, Ether could decline toward $1,386. That level is important because if the price goes below it, it could signal a short-term change in momentum away from the bulls. 

XRP Price Analysis

XRP climbed back above the $2 level and is aiming to maintain a trend above the EMA200 trend line on the 4-hour chart. As of writing, XRP price trades at $2.13, surging over 5.51% in the last 24 hours.

If XRP manages to rise above the 200-day moving average, it would suggest that the recent drop toward $2 heavily attracted buying demand. In that case, the price could continue to climb toward the resistance line at $2.25, where sellers are likely to step in again. A surge above this level might send the price toward $2.6.

If the price drops from the $2.25 level, sellers might try to push XRP/USDT down to the key support at $2. Buyers will likely defend that level strongly, because if it breaks, the price could fall further to around $1.6. 

The post Bitcoin, Ethereum, and XRP Price Prediction: Will BTC, ETH, and XRP See a Bullish Week Ahead? appeared first on Coinpedia Fintech News
The crypto market is stabilizing as Bitcoin (BTC) recovers above $85K, with Ethereum and XRP prices maintaining above $1,500 and $2 respectively. This comes after China announced new tariffs on U.S. imports in response to President Donald Trump’s 145% tariff on Chinese products. Additionally, this week’s CPI and PPI data came below expectation, boosting the …