#CryptoTariffDrop ๐Ÿ”ฅ Crypto & Market News โ€“ April 3

๐Ÿ‡บ๐Ÿ‡ธ Trump's Tariff Plans Donald Trump announces 10% mutual tariffs for all countries, plus 25% tariffs on all imported cars. Bitcoin spiked above $88,000 in reaction.

๐Ÿ›๏ธ Additionally, the U.S. imposes 34% tariffs on Chinese goods, 20% on European Union products, 46% on Vietnam, 24% on Japan, 26% on India, and 32% on Taiwan.

โšก Trump adds that the U.S. will calculate the combined tariff rate of other countries on American goods and introduce its tariff at about half that amount.

๐Ÿ“Š Crypto Market's Response: Following Trump's speech, the crypto market's mood tanked. The Fear and Greed Index plummeted to 25, signaling extreme fear.

๐Ÿ’ฅ Telegram Gift Issues: Users face massive issues with Telegram Stars and gifts being wiped. This is due to a refund mechanism in AppStore that allows users to reverse purchases within 21 days. Fraudsters sell stars and gifts through chats and third-party websites, then reverse the purchase. Telegram ends up deducting the "bought" stars from victims' accounts.

๐Ÿ’ฐ Huge Scam Earnings: One seller earned over $50,000 in a week, gathering 5,000 positive reviews. The problem is much bigger when considering the secondary market of gifts that are also voided.

๐Ÿ“ Solution: To avoid the scam, buy stars directly without KYC on fragment.ton. Telegram should also think about restricting gift updates to collectibles within 21 days of purchase.

๐Ÿ‡ท๐Ÿ‡บ Russia's Crypto Regulation: Elvira Nabiullina, the head of the Russian Central Bank, stated that Russia plans to strengthen accountability for using cryptocurrencies in domestic transactions.

๐Ÿช™ Tron Network Fees: Tron continues to profit from users sending USDT through its network. In early April, the fee for sending USDT TRC-20 to new wallets has nearly doubled, now reaching 27 TRX($6.2).

๐Ÿค” Tron Usage: Despite soaring Ethereum fees in the past, why are people still using Tron today?

๐Ÿ’ก Telegram Gift Cancellation Update: The wave of cancellations continues:

- 9,882 gifts were revoked in total.