LAST MINUTE: The US has generated a total of 21 billion dollars in customs duties since President Trump's inauguration.
The US obtains these revenues from companies producing in different countries. The vast majority of these companies are American... In this process, the US stock market has lost over 10 trillion in value. $BTC has continued to remain strong.
It is very clear that the main purpose of Trump's tariffs is not money. I believe there might be a much larger reckoning behind the scenes.
Powell will speak shortly. US-China tensions have reached a peak. Trade wars are intensifying. Powell's speech will be critical. We expect statements from Powell that will ease the markets. If a signal for an interest rate cut for May comes, we will see a rise in $BTC and altcoins. Now all eyes are on the FED Chairman...
Binance continues with $BNB burns. The 31st round of burns for BNB has been completed. As part of the burns, 1,570,000 $BNB worth 916,000,000 $ were burned.
Binance is also conducting $LUNC burns along with BNB. The Binance exchange's #LUNC burns take place on the first day of each month. Binance has conducted a total of over 70 billion $LUNC burns.
The WalletConnect (#WCT) listing garnered great interest. The WalletConnect team had conducted an AirDrop to thousands of users. WalletConnect users gained beautiful returns.
After the listing, the $WCT price fell from $0.4 to $0.27. The sales by users who received the AirDrop were effective in the price drop. Afterwards, a rise of over 100% was experienced in the $WCT price. The $WCT price rose to $0.65. It is currently priced at $0.47.
WalletConnect pleased both its users and investors. It had brought it with BinanceTR Launchpool; those who staked $BNB had accessed this token for free.
The 100% movement of WalletConnect was not a surprise. Its market value had opened very low. In previous listings, we had seen the opposite situations. We believe that exchanges should be more selective in token listings. The $WCT listing stands as a good example in front of us.
Despite the ongoing burns and developments on the Terra Classic chain, the prices of $LUNC and $USTC continue to fall.
The price of LUNC struggles to rise above $0.00006. Although USTC is at the level of 0.011$ , it is unable to find buyers. Both coins are at historic low levels. The supply is decreasing due to burns in both coins. Why do you think the price is not increasing?
There are those who believe that the prices of #LUNC and #USTC are being suppressed. Some say that the overall situation of cryptocurrencies also affects the price. There are also those who claim that it remains strong despite everything. What do you think?
Why are the prices of LUNC and USTC not increasing? #TerraClassic
FED Chairman Powell will appear before the cameras at 20:15 (TRT). All eyes will be on Powell's speech.
Global markets are in a tough spot. Trade wars are intensifying. In such an environment, every sentence Powell constructs will be crucial.
Will the FED cut interest rates in May? Powell did not provide any clues on this matter. Will there be a signal for an interest rate cut in today's speeches? If a signal for a rate cut emerges, it will be positive for the markets.
According to Polymarket users; the probability of the FED keeping interest rates steady in May has risen to 83%. This situation may change. Conditions are evolving day by day. Trump wants a rate cut and continues to pressure Powell.
We believe Powell will make statements that will relieve the markets. We may experience a day of sharp movements in $BTC and altcoins.
Tariff wars between the US and China are intensifying. China is taking strict measures against the US. The US side continues to raise tariff rates. Trump states that countries can choose between China and us.
Both sides are waiting to take a step back but do not want to be the first to do so. Markets are being severely affected by this situation.
Bitcoin, on the other hand, is holding strong. The price of $BTC has remained robust above $83,000. We haven't seen the same situation in altcoins, but $BTC's strong stance will pave the way for altcoins as well. I don't think the challenging situations in the market will continue for too long.
The decision of the US government to indefinitely ban the export of H20 products to China has caused $NVDIA stock to plummet.
With the opening of the US Futures Market, $NVDIA stock experienced a 5% drop. Cryptocurrencies had already priced this in earlier. After the news, the price of $BTC fell below $84,000.
NVDIA is one of the largest stocks in the US stock market. Does Trump want to finish off American companies? Trade wars are escalating...
There has not been a more boring period in cryptocurrencies. In fact, there has not been a more boring period in the world.
If you have noticed, I use almost the same sentences every month. We are still testing the lows with altcoins.
I say again; there will definitely be a turnaround in good projects. The situation of $BTC is good. There will be altcoins that will follow Bitcoin. Despite everything, Ethereum will be one of them...
In the CNBC broadcast where regulations on stablecoins were discussed, price information for TerraUSD (#USTC) was also shared.
On the screen, you can see $USTC, $USDC, and $USTC. You can also see that $USTC is a non-pegged stablecoin.
There is also a video of the footage. I don't think it's Photoshop. It doesn't look like Photoshop. CNBC's interest in $USTC made us happy. In our opinion, they shared the right stablecoin. Re-pegging for USTC will inevitably happen. It's just a matter of time...
In the CNBC broadcast where regulations on stablecoins were discussed, price information for TerraUSD (#USTC) was also shared.
On the screen, you can see $USTC, $USDC, and $USTC. You can also see that $USTC is a non-pegged stablecoin.
There is also a video of the footage. I don't think it's Photoshop. It doesn't look like Photoshop. CNBC's interest in $USTC made us happy. In our opinion, they shared the right stablecoin. Re-pegging for USTC will inevitably happen. It's just a matter of time...
Trump quickly gained everyone's hatred. There has not been another president who has manipulated the markets this much.
They are manipulating all markets, especially the US markets. The US media is questioning this. Who are the first to be informed about the developments? Who is benefiting from these developments? Difficult days may begin for Trump.
Cryptocurrencies are also affected by the developments. With the US situation being like this, it has become a golden opportunity for scammers in cryptocurrencies. Fraud is being conducted under the name of freedom. The latest example of this is MANTRA $OM. The fact that Bitcoin remains above $80,000 despite everything is a great success.
Veritas Protocol; Researchers have found new evidence that the collapse of LUNA/UST was caused by a coordinated trading attack.
CZ's tweet regarding the LUNA/UST collapse and the sharing of Veritas Protocol... It's been 3 years since the Terra attack, but the facts are now being discussed.
CZ said, "I wonder about FTX's impact on the LUNA/UST collapse."
Everyone knows that the LUNA/UST collapse was an attack. This situation needs to be explained now. We have reached the final stage in the court processes related to TFL and Do Kwon. Such investigations will be shared more in the future.
Do Kwon and TFL; harmed investors. Could they themselves be victims now? Will Do Kwon make a comeback? A very strong $LUNC community has formed. The Terra Classic chain continues on its path. This is crypto, anything can happen here.
LAST MINUTE: The European Union is expecting the tariffs imposed by the U.S. to remain in effect due to the deadlock in negotiations.
China states that the U.S.'s "extremely shameless" tariff war will backfire soon.
The European Union and CHINA are ramping up against the U.S. Trump's tariffs will further strain American companies. CHINA may see this situation as an opportunity. Bitcoin and altcoins are being affected by this situation. $BTC will emerge from this process much stronger with its solid stance. The future is here...
There are harsh statements from the European Union and CHINA regarding customs tariffs. As a result of these statements, the price of $BTC has fallen below $85,000.
Trump's policies have tarnished the dignity of major states. They may respond harshly to the US. We will see whether Trump will take steps to soften the situation.
Bitcoin has risen above $86,000. The positive outlook in the US markets is also reflecting on cryptocurrencies.
$BTC had been strong and is now reaping the rewards. Despite the challenges in global markets, the price of $BTC managed to exceed $86,000.
Steps could be taken at any moment regarding US - CHINA tariffs. The Chinese side is expecting moderate statements from Trump. Trump will not be able to prolong this matter any further. Markets may start to price in this situation. Powell's speech today will also be important. We will follow Powell's speech at 20:15 (TRT)...
WalletConnect listing has taken place. $WCT AirDrops were made to thousands of users. Users made great profits thanks to $WCT tokens. The current price of $WCT , which rose to $0.41 on the Binance exchange, is $0.33. There are sales by users who received AirDrops. After the sales are over, we can see $1 levels in WCT tokens. The market value of $60 million is very low. WalletConnect's market value will go much higher.
BULLISH: A whale invested 6 million dollars $USDC in HyperLiquid and opened a long position with 5x leverage at $1,624.44 on $ETH.
Expectations for a rise in Ethereum are increasing. Important developments that will affect the price of $ETH are approaching. With the rise of Pectra and the staking feature in ETH ETFs, Ethereum may start moving again.
There has been a period of silence in the tariff wars between the US and CHINA. As of now, you know that the two countries are applying very high taxes in return. The confrontations were harsh. After the harsh confrontations, you should not expect an immediate step back.
The environment will soften with the period of silence. You can be sure that there will be mutual agreements after this period. The two countries have put each other on the line and now is the time for an agreement...
With the agreement between the US and CHINA on tariffs, we can see 100,000 $ and above in $BTC. Otherwise, there will be a very big drop.
Neither country wants to be the one to step back. For this reason, they are spreading it over time. This is completely my personal opinion. This is how I read it. I do not give investment advice. I am curious about your opinions. #Bitcoin#Trump #China