Docteur Crypto

Bhutan is revolutionizing global tourism with Binance Pay: Complete guide to the first national crypto payment system

Bhutan has just written a new chapter in the history of cryptocurrencies by becoming the first country in the world to adopt a payment system entirely based on cryptocurrencies for its tourism sector. Launched in May 2025, this revolutionary partnership between the Royal Government of Bhutan, Binance Pay, and DK Bank transforms the way tourists can travel and pay in this Himalayan kingdom.

On April 13, 2025, the cryptocurrency market witnessed a dramatic flash crash of the OM token, the native asset of the Mantra ecosystem. Once hailed as one of the best-performing tokens of 2024, OM saw its price plummet from an intraday high of $6.33 to a low of $0.44, sparking concerns among investors and analysts alike.

Here’s a breakdown of the primary factors that contributed to this sudden and severe correction:

1. Massive Liquidations in the Futures Market

A significant catalyst behind the crash was the rapid unwinding of leveraged positions in OM futures. The open interest dropped from $640 million to $404 million, signaling that institutional and retail traders were exiting their positions en masse. This exodus triggered liquidation cascades, where automated selling further drove down the price.

2. Technical Indicators Signaling Overheating

OM's technical charts were flashing warning signs well before the crash. The Relative Strength Index (RSI) had surged to an overheated level of 87, typically indicative of an overbought market. Additionally, bearish crossovers on the Stochastic RSI and the Relative Vigor Index (RVGI) suggested a loss of upward momentum—pointing to an impending correction.

3. Wyckoff Distribution Pattern in Play

Analysts noted the emergence of a Wyckoff distribution phase, a technical pattern that signals the end of a bullish trend and the start of a selling cycle. Smart money appeared to be offloading their holdings after OM’s parabolic rise in Q1 2025, preparing for a downturn.

4. Increased Exchange Inflows

On-chain data revealed a surge in OM token inflows to centralized exchanges, which usually precedes large-scale sell-offs. This indicated that many holders were preparing to liquidate their assets, contributing to the downward pressure on the market.

The OM Mantra flash crash was not the result of a single factor, but rather a convergence of market dynamics: overleveraged positions, technical exhaustion, institutional sell-offs, and profit-taking behavior. While the OM token had delivered extraordinary returns over the past year, the crash serves as a stark reminder of the volatility and risk inherent in crypto markets—especially those driven by hype and rapid growth.

As the dust settles, investors will be watching closely to see whether OM can stabilize and rebuild trust, or if this marks the beginning of a longer bearish phase for the Mantra ecosystem.

What if customs duties were not just a commercial weapon... but also a financial lever?
This is the hypothesis that some economists are putting forward regarding Donald Trump's strategy during his term. Hold on tight, we're going to simplify this together, using simple words and a few concrete examples.
1. What exactly are customs duties?

These are taxes imposed on products imported from another country. For example, if the United States imposes a 25% tax on Chinese steel, this makes that steel more expensive for an American company to purchase.

And what if tariffs weren’t just a trade weapon… but also a financial lever?
That’s the hypothesis some economists have put forward regarding Donald Trump’s strategy during his presidency. Hang on tight—we’re going to break it all down together in simple terms with a few concrete examples.

1. What exactly are tariffs?
They are taxes imposed on products imported from another country. For example, if the United States levies a 25% tariff on Chinese steel, it makes that steel more expensive for an American company to purchase.
Trump significantly increased these tariffs, especially against #China, claiming he wanted to protect American industry. But some believe he also had a more subtle economic goal in mind…
2. More taxes = more money for the government
Imagine the government collecting billions of dollars thanks to these new tariffs. The result? It has higher tax revenues without needing to raise taxes on citizens. It’s like the state has discovered a new piggy bank without poking the average American’s wallet.
3. Borrow less, or borrow at a better rate?
When the government has more money in the treasury, it can either reduce its debt, borrow less, or negotiate better interest rates.
This is where another player steps in: the Federal Reserve (the Fed), which sets the interest rate levels. If the economy slows down due to the tariffs (which is sometimes intentional), the Fed may decide to lower interest rates to jump-start the economy.
Example: A trade war weakens growth? The Fed reacts by cutting rates to support the economy. Result: the government can finance its operations at a lower cost.
4. A risky bet… but a strategic one
Some see this strategy as a form of “economic tug-of-war”:
We tax imports (immediate revenue)
We deliberately dampen growth a bit
We push the Fed to lower rates (stimulating the economy and reducing financing costs)
It’s a bit like stretching an elastic… hoping it snaps back at just the right moment without breaking.
5. And what about consumers?

The downside is that prices for some imported products go up. So, businesses and households might suffer in the short term. And if the trade war lasts too long, it can harm the real economy.
A double-edged strategy
What some describe as an economic gamble is not without its risks. Yet the idea that tariffs can indirectly influence monetary policy and ease the burden of public debt is worth exploring.

Whether you agree with the approach or not, one thing is certain: Trump redefined the rules of the game between trade, public debt, and interest rates.

So, what do you think of this strategy? A tactical genius or a ticking time bomb? Let’s discuss!
#TrumpTariffs #BTCvsMarkets #NewsAboutCrypto