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Coindoo

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China to raise tariffs on U.S. goods to 125%

  • China will raise tariffs on U.S. goods to 125% in response to the U.S. raising tariffs on Chinese imports to 145%.
  • The Chinese Ministry of Finance criticized the U.S. actions as 'unilateral bullying and coercion' and vowed to counter any measures harming China's interests.
  • China called the U.S. tariff hikes 'a joke in the history of world economy' and stated that current tariff rates have destroyed the market for U.S. goods in China.
  • China responded to the U.S. actions by raising tariffs on U.S. imports from 84% to 125%, effective April 12, 2025.

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Coindoo

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Ripple and SEC Move Closer to Settlement

  • Ripple and the SEC have agreed in principle to settle the legal dispute over the sales of XRP tokens.
  • The motion proposes an 'abeyance' period to conserve resources for further negotiations.
  • The case centers around the classification of XRP as a security, with Ripple arguing against it.
  • A final ruling from the district court is pending, awaiting SEC approval of the settlement.

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Coindoo

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European Stocks Recover as Volatile Week Ends

  • European stocks rebounded after reaching their lowest point in nearly 18 months earlier in the week.
  • Despite the volatility caused by erratic tariff changes, European stocks gained between 0.3% and 0.7% across regional indexes.
  • The European Union paused its retaliatory tariffs on U.S. goods, creating an opportunity for potential negotiations or countermeasures in case the tariff war resumes.
  • Tensions between the U.S. and China escalated, adding more pressure to the ongoing trade conflict and raising uncertainty in international trade relations.

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Cryptopotato

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Crypto Price Analysis April-11: ETH, XRP, ADA, SOL, and BNB

  • Ethereum (ETH) closed the week with a 14% loss, and the momentum remains firmly bearish.
  • Ripple (XRP) experienced a 4% loss this week and is turning bearish. A clean rally above $2 could reverse this sentiment.
  • Cardano (ADA) closed with a 5% loss and the previous support at $0.64 appears to be turning into resistance.
  • Solana (SOL) saw a 1% loss, and maintaining a three-digit valuation is critical for the price.
  • Binance Coin (BNB) closed the week with a 3% loss but managed to keep its price above the support at $550.

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Cryptopotato

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Pi Network (PI) Price Predictions, Important Ripple (XRP) Developments, and More: Recap April 11

  • PI Network (PI) rose 8% in the last week to just under $0.60, but it remains in a downtrend on a longer timeframe. There are predictions of a possible rebound above $2.50, but the scheduled unlock of 160M tokens this month could trigger selling pressure.
  • Ripple (XRP) acquired Hidden Road for $1.25B and made progress on the legal front with the SEC. XRP's price struggles to reclaim $2, while Standard Chartered predicts a massive surge to $12.50 in the next few years.
  • DOGE slid 4% in the past seven days to $0.15. Whales dumped over 1.3 billion tokens earlier this week, which could lead to a further slide.

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Largest BTC Inflow Since 2022 Hits Accumulation Wallets: CryptoQuant

  • Accumulation addresses received a massive inflow of 48,575 BTC, the largest single-day inflow since February 1, 2022.
  • The inflow occurred following a sharp market dip caused by escalating trade tensions triggered by Trump's renewed tariff policies against China.
  • The near-identical USD values of two massive inflows, spaced three years apart, suggest a recurring accumulation behavior during critical market moments.
  • Industry leaders are optimistic about Bitcoin's future trajectory, expecting a potential surge to $250,000 and a return to new all-time highs once market volatility stabilizes.

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Coindoo

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SEC Ends Legal Battle with Another Crypto Company

  • The SEC has ended its legal battle with Helium, a crypto company.
  • The lawsuit, originally filed in early 2025, was officially dismissed on April 10.
  • Helium emphasized that the dismissal confirms their tokens do not fall under securities category.
  • Since Trump's inauguration, high-profile crypto cases have been dropped, signaling a shift in regulatory posture.

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Coindoo

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HashKey Wins Approval to Combine Staking with Spot Ethereum ETF Offerings

  • HashKey, a regulated exchange in Hong Kong, has received approval from the Hong Kong Securities and Futures Commission (SFC) to provide staking services.
  • The approval allows HashKey to be a leader in offering staking services for spot Ethereum exchange-traded funds (ETFs).
  • Investors will be able to access staking income via Ether ETFs and directly stake Ether through HashKey's services.
  • This approval is expected to increase institutional interest in proof-of-stake assets.

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North Carolina Introduces Bill to Allow Digital Assets in Tax Payments

  • North Carolina has introduced the Digital Asset Freedom Act, a bill that aims to allow the use of digital assets in tax payments.
  • The bill establishes criteria for eligible digital assets, including market capitalization, trading volume, proven history, security and censorship resistance, and decentralization.
  • The introduction of this bill is part of North Carolina's growing efforts to integrate cryptocurrencies into its economy, with previous bills focusing on investment authority and allowing the State Treasurer to invest in Bitcoin.
  • If passed, the Digital Asset Freedom Act could set a precedent for other states to regulate and integrate digital assets into their financial systems, potentially encouraging further adoption of cryptocurrencies.

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Coinjournal

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Trump to sign first crypto law? Bitcoin Pepe presale skyrockets past $6.4M

  • US President Donald Trump is set to sign his first crypto-related bill into law, signaling a friendlier environment for digital assets.
  • Bitcoin Pepe, a meme-driven Layer-2 project built on Bitcoin, is seeing a surge in its presale, surpassing $6.4 million.
  • The new law repeals an IRS rule affecting decentralized finance platforms, with bipartisan support in Congress and backed by Senator Ted Cruz.
  • The success of Bitcoin Pepe's presale, combined with regulatory improvements, suggests a more favorable regulatory environment for the crypto sector.

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Coindoo

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New Malware Targets Crypto Wallets in Rising Wave of Sophisticated Attacks

  • A new malware is targeting crypto wallets in a rising wave of sophisticated attacks.
  • The attack involves planting harmful code within npm libraries, which are commonly used by developers.
  • The attackers tamper with the wallet interface, making it appear normal while redirecting crypto transfers to fraudulent addresses.
  • This type of attack reflects a broader pattern of increasingly advanced tactics targeting crypto users.

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Solana memecoin Fartcoin doubles in value, eyes key $0.95 level

  • Fartcoin (FARTCOIN), a Solana-based memecoin, has climbed over 70% so far in April to trade at $0.840, touching highs of $0.87.
  • Fartcoin has outpaced rival Solana tokens such as Official Trump (TRUMP) and Bonk in real transfers.
  • Fartcoin's strong rally is supported by a bull flag formation on its 4-hour chart, indicating potential for further upside towards $0.95.
  • Fartcoin's trading volume has exceeded $309 million, surpassing rivals Bonk and Shiba Inu, and suggests potential for growth following a similar trajectory as Pepe (PEPE).

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Cryptopotato

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Vitalik Buterin Proposes Roadmap to Boost Ethereum User Privacy

  • Vitalik Buterin proposes a roadmap to boost Ethereum user privacy.
  • The roadmap focuses on making private transactions and anonymous onchain interactions more accessible for everyday users.
  • Buterin suggests integrating tools like Railgun and Privacy Pools into wallets for a 'shielded balance' and private send options.
  • He also suggests using standards such as FOCIL and EIP-7701, Trusted Execution Environments, and mixnets for improved privacy.

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Coindoo

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As Trade Wars Loom, Crypto Faces Infrastructure and Access Risks

  • Escalating trade conflicts between world powers could potentially disrupt the open nature of blockchain infrastructure, putting the functioning of miners, validators, and nodes at risk.
  • Rising political hostility may lead to isolated blockchain ecosystems, controlled access, and regional censorship, compromising the global utility of cryptocurrencies.
  • Bitcoin, reliant on mining hardware manufactured in China, faces vulnerability to supply chain interruptions if trade routes are cut or tariffs increase.
  • Governments dealing with economic instability might impose stricter capital controls, limiting access to exchanges and hindering usage of digital assets in restrictive regions.

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NullTX

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Markets Surge After Trump’s Surprise Tariff Pause — Except on China

  • Former President Donald Trump has halted all tariff actions for 90 days, except for China, which has caused a surge in global financial markets.
  • After the announcement, Bitcoin's price jumped to $82,600, Ethereum's value increased to $1,650, and the S&P 500 stock index and the Nasdaq Composite experienced significant gains.
  • However, concerns remain about the wider issue of global trade turbulence, as the 90-day tariff truce does not resolve the long-term uncertainty with China.
  • The market's reaction is driven by sentiment rather than substantive change, and the possibility of the market shifting again remains high.

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