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Despite recent market turmoil, major Bitcoin ETF issuers are acquiring large amounts of BTC, suggesting confidence in future demand and potential market stabilization.
Solana faces intense bearish pressure, plunging below support with strong downtrend signals from Ichimoku and BBTrend. A retest of February lows looms unless momentum shifts fast.
As traditional markets show clear signs of an impending recession, the crypto space is not immune from damage. Liquidations are surging as the overall crypto market cap mirrors declines in the stock market. Even though the source of these problems is localized to the US, the damage will have global implications. Traders are advised to …
Bitcoin Futures have surged past $100 billion in open interest, showing strong activity from institutional and retail traders. Whales are increasingly taking short positions even as Bitcoin trades above $85,000, diverging from retail sentiment. Altcoin markets are seeing reduced long interest from whales with XVG and ALICE being rare exceptions showing bullish positions.
Wormhole enters April at a crossroads, with weakening momentum and a looming token unlock adding pressure. Traders eye $0.089 as the breakout pivot in an uncertain landscape.
- 22:31Tesla Has Made No Cryptocurrency Transactions in the Past Three Months, Currently Holds Nearly $1 Billion in BitcoinAccording to Jinse, Tesla holds nearly $1 billion in Bitcoin. The Financial Accounting Standards Board now requires digital assets to be marked to market quarterly. Tesla's first-quarter revenue was $19.34 billion, falling short of analysts' expectations, who had previously projected revenue of $21.37 billion. As of March 31, Tesla's digital asset holdings were valued at $951 million, down from $1.076 billion on December 30 of the previous year, due to a drop in Bitcoin prices. Tesla currently holds 11,509 bitcoins on its balance sheet. Data from Arkham indicates that Tesla has not conducted any transactions in the past three months.
- 22:31Fed Official Kashkari: Must Ensure Tariffs Do Not Trigger Persistent InflationJinse reports that Minneapolis Fed President Neel Kashkari stated that the Federal Reserve is responsible for ensuring that tariffs do not trigger persistent inflation issues, echoing recent remarks by Fed Chairman Powell. "We are just not sure if this will have a one-time effect on inflation or a long-term impact," Kashkari said at a U.S. Chamber of Commerce event in Washington on Tuesday. "Our job at the Federal Reserve is to ensure that this does not lead to a longer-term effect."
- 22:31Trump: Trade Losses Brought by the Biden Administration Will Never ReturnJinse reports that U.S. President Trump stated that in the last year of Biden's term, we were losing $5 billion every day, and their actions in trade were simply a disaster. However, now this number has significantly decreased because we have imposed a 25% tariff on the automotive industry, and also a 25% tariff on steel and aluminum, with a basic tariff of 10%. We almost lost $2 trillion in trade. But those days are gone, and we won't let them happen again. We will not allow such things to happen again.