Bitcoin Eyes $106K Breakout as Momentum Builds! 📈💥 April 29 – PA News
According to Matrixport analysis, Bitcoin (BTC) is powering up and approaching a key resistance level at $106,000! 🚀 Since March 24, BTC has been battling to break above a descending trendline around $85,712. One month later, the bulls are back with stronger momentum! 🔥
If BTC successfully smashes through this resistance, it could skyrocket past $106K — setting the stage for a new wave of gains! 💸✨
"There is no doubt that this president’s( Trump)conduct has already exceeded any prior standard Sen. Jon Ossoff Says Trump Must Be Impeached — "No doubt his conduct exceeds all past standards for impeachment," says Georgia Democrat
At a fired-up town hall in Cobb County, Georgia, Sen. Jon Ossoff didn’t hold back when asked about former President Donald Trump's recent actions.
"There is no doubt that this president’s conduct has already exceeded any prior standard for impeachment by the United States House of Representatives," Ossoff told a packed room. He added there’s “no question” that multiple actions by Trump rise to the level of impeachable offenses. ⚖️
Ossoff—who’s currently one of the most endangered Senate Democrats in the 2026 election—faced an energized crowd, with emotions running high during Congress’ two-week recess. He tried to temper expectations, saying: “There is no magic button” to reverse the Trump administration’s dismantling of federal agencies or the overhaul of the federal workforce.
But one woman wasn’t having it. Standing up and shouting over applause, she demanded action: “Why are there no calls for impeachment? This is unacceptable!” “I will not live in an authoritative country, and neither will any of these people,” she declared, her voice cracking with emotion.
The woman, who shared that her father is a retired Army colonel, her son has autism, and her children attend a Title 1 school, urged Ossoff: “Be brave. We need him to be impeached. We need him to be removed.” ⚠️
Ossoff said he agreed and appreciated her passion, but reminded the crowd that impeachment starts in the House of Representatives—currently controlled by Republicans. “I can’t make that happen alone,” he said. “But I will keep fighting.” #TariffPause #BinanceHODLerSIGN #BTC #sui #xrp
Trump coin Dinner: From Presidency to Personal Profit? 🇺🇸💸
🚨 Trumpcoin: From Presidency to Personal Profit? 🇺🇸💸 🪙 The Rise of Trumpcoin: A New Era of Influence
After coming the White House, Donald Trump didn’t just step away from politics—he stepped into crypto. With the launch of the $TRUMP memecoin, what seemed like a political brand quickly transformed into a personal profit machine. Control of the coin is tightly held, with the vast majority owned by Trump-associated entities, making it more of a business empire than a community-driven project
Ether (ETH) turned up sharply on April 22 and rose above the 20-day EMA ($1,676). Buyers will try to retain the advantage by pushing the price above the 50-day SMA ($1,830) on April 23.
If they succeed, the pair could jump to the breakdown level of $2,111. Sellers will try to stall the recovery at $2,111, but if the bulls prevail, the pair could soar to $2,550. Such a move suggests that the corrective phase may be over.
Conversely, if the price turns down sharply from $2,111, it indicates that the bears are active at higher levels. That could keep the pair range-bound between $2,111 and $1,368 for a while longer #MarketRebound #CryptoMarketCapBackTo$3T #btc #sol #ETH
Cantor Fitzgerald is joining forces with Tether and SoftBank to launch Twenty One Capital, a $3.6 billion crypto venture aimed at acquiring bitcoin. Backed by over 42,000 bitcoins, the new firm will go public via a SPAC merger with Cantor Equity Partners, making it the world’s third-largest bitcoin holder. Tether will contribute $1.6B in BTC, SoftBank $900M, and Bitfinex $600M. The venture aims to build a market “by Bitcoiners, for Bitcoiners,” echoing Michael Saylor’s Strategy model. Tether and Bitfinex will hold a majority stake; SoftBank, a minority one. #CryptoMarketCapBackTo$3T#MarketRebound #BinanceAlphaAlert #BTC #Binance
"Now U.S. and Trump need India to counter China, they’re showing more goodwill towards India — not out of genuine support for India, but for America’s own interests." never forget it am i right? 💯 #MarketRebound #USChinaTensions #BTC #BinanceAlphaAlert #Binance
🔍 JPMorgan's Base Case on Trump Tariffs: What Investors Need to Know
📈 Effective Tariff Rate: 10%-20% JPMorgan Wealth Management has released new research forecasting that, under Donald Trump’s tariff policy scenario, the effective tax rate on imports would jump to 10%-20%, up from just 2% at the start of the year.
This sharp increase is within Wall Street expectations pre-"Liberation Day", a term used to describe the shift towards aggressive trade negotiations.
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⚠️ Economic Impact: Slower Growth, More Volatility
JPMorgan anticipates:
Slower economic growth
Rising unemployment and inflation
But no full-blown recession—just narrowly avoiding it
The firm believes Trump’s tariffs are primarily a negotiating tactic, designed to bring other countries to the table for better trade deals.
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💼 Investment Strategies in a Tariff-Heavy World
JPMorgan suggests two key strategies for qualified investors:
1. 💹 Structured Notes
Offer defensive equity exposure
Generate income through options premiums
Benefit from volatility, though with limited upside potential
2. 🧠 Hedge Funds in Diversified Portfolios
Capitalize on market mispricings and relative value opportunities
Offer diversification
Help hedge downside risk during turbulent times
✅ Bottom Line: Tariffs may be rising, but so are opportunities—for those positioned wisely. Investors should consider tools that thrive in volatility and mitigate downside risks.
How Trump’s Tariffs Are Threatening Christmas from China’s “Santa City”
In Yiwu, China — famously known as “Christmas Town” — rows of twinkling lights, Santa dolls, and festive ornaments fill the world’s largest wholesale market. This city produces nearly 90% of the Christmas decorations used in the U.S., but this year, its holiday spirit is dimmed.
The reason? President Donald Trump’s new tariffs on Chinese goods — now exceeding a historic 145% — are hammering the city’s vendors. The trade war, reignited over fentanyl and dubbed “reciprocal retaliation,” has wiped out long-standing U.S.-China business ties.
For Ran Hongyan, who’s been exporting Christmas items to America for 15 years, eight out of ten U.S. clients canceled their contracts, costing her over $135,000. “We were like friends,” she said. “Now they’re gone.”
Yiwu exported $81 billion worth of goods last year — $11.5 billion to the U.S. alone. But since tariffs hit, the once-bustling market has seen fewer American buyers and more anxiety. Even vendors without U.S. clients, like imitation flower seller Li Xinyao, are feeling the pressure. “If people can’t live happily, who will care about decorations?” she asked.
Some sellers are pivoting to the EU or online markets. “I’m pushing my Halloween products to Europe now,” said Nie Ziqin, who lost half her business due to the tariffs.
While China has retaliated with tariffs on U.S. goods, many in Yiwu still hope for peace. “We want understanding,” said Li. “But the damage might already be done.”
🇹🇷 Central Bank of Turkey Shocks Markets with Interest Rate Hike to 46%! 🔺💸
The Central Bank of Turkey raised its key interest rate by 350 basis points, taking it from 42.5% to a whopping 46% — a bold step that marks the end of its recent easing cycle.
Why the sudden hike? The CBRT is trying to fight back against rising inflation and global economic uncertainty, especially with new tariff tensions heating up around the world.
Key Changes Announced:
Benchmark repo rate: 🔼 From 42.5% to 46%
Overnight lending rate: 🔼 From 46% to 49%
Overnight borrowing rate: 🔼 From 41% to 44.5%
Just months ago, the bank had been cutting rates. Between December and March, it reduced the policy rate from 47.5% to 42.5%. But now, it's doing a full 180.
What’s Going On?
In 2024, inflation in Turkey hit a jaw-dropping 75%. Thanks to aggressive rate hikes, it cooled to 38% by March 2025. But inflation is creeping back — and fast.
The CBRT warned that:
> “Core goods inflation is expected to rise slightly in April due to recent financial market developments.”
Plus, domestic demand is stronger than expected, despite a slowdown earlier this year.
Global Trouble Brewing... 🌍
The bank is also keeping an eye on rising protectionism. While it didn’t call out the U.S. directly, it clearly referred to President Trump's new 10% tariffs on Turkish goods. (Turkey matches that with a 10% tariff on U.S. imports.)
For comparison:
🇺🇸 U.S. tariffs on EU imports: 20%
🇺🇸 U.S. tariffs on China: 145% (!)
What This Means for Turks 🇹🇷
Prices may rise again
Monetary policy will stay tight
CBRT will act fast if inflation gets worse
On the bright side, the lira got a small boost after the rate hike. It had hit a record low of ₺42 to $1, but now it’s back to around ₺38.
Bottom Line: Turkey’ is hitting the brakes hard to control inflation, even if it shocks the markets. With global trade wars, local unrest, and inflation fears, the road ahead looks bumpy — but the CBRT is ready to steer through it.
#TRUMP #Binance "Trump’s slogan 'Make America Great Again' seems to focus on isolating the USA from the rest of the world. I’m afraid to say it sometimes feels more like ‘Make America Alone.’" #BinanceSquareFamily #om #xrp
NATIONWIDE Protests Rock U.S. as Markets Reel from Trump Policies
April 6, 2025 – Washington, D.C.
More than 600,000 people flooded the streets of major U.S. cities on Saturday in a sweeping wave of protests against President Donald Trump’s latest policy moves, including sweeping tariff hikes and deep federal budget cuts. Branded the “Hands Off” protests, the demonstrations also drew support in cities around the globe, from London to Berlin.
The unrest was sparked by the administration’s aggressive economic measures, including a 10% tariff on key imports such as Australian beef and widespread cuts to federal programs like Social Security, Medicare, and Medicaid. The Internal Revenue Service also announced the layoff of 25% of its workforce under the direction of Elon Musk’s controversial Department of Government Efficiency (DOGE).
The market response was immediate and severe. Global equity markets shed nearly $8 trillion in value over the past week, and JPMorganChase now estimates a 60% probability of a global recession. Analysts warn that continued uncertainty could further destabilize investor confidence.
While the International Monetary Fund notes that democracies typically weather social unrest better, the current combination of policy upheaval and public dissent is pushing both political and economic systems to a breaking point.
The Trump administration has yet to comment formally on the protests.
The impact of today’s CPI data on crypto will depend on how markets interpret its implications for the Federal Reserve's monetary policy.
Here’s a breakdown of possible scenarios:
Bullish for Crypto If:
✅ CPI comes in at or below expectations (Headline at 2.9% or lower, Core at 3.2% or lower). ✅ Market perceives this as increasing the likelihood of Fed rate cuts sooner than expected (possibly in June). ✅ Lower interest rates could weaken the dollar and make risk assets like Bitcoin and altcoins more attractive.
Bearish for Crypto If:
❌ CPI comes in higher than expected (e.g., Headline still at 3.0%+ or Core remains sticky). ❌ Fed officials signal they will maintain higher rates for longer, delaying potential cuts. ❌ This could strengthen the dollar, pressure risk assets, and lead to short-term crypto sell-offs.
Market Reaction Strategy:
If inflation cools as expected, crypto may see a short-term rally as traders price in future rate cuts.
If inflation remains stubborn, expect volatility and possible dips in BTC and alts.
BTC and ETH tend to react quickly to CPI prints, so keep an eye on post-report movements! What’s your take—expecting bullish or bracing for volatility?
Since December 2024, every dip seems to lead to more losses, with hype turning into disappointment. Altcoins have crashed by up to 300%, wiping out massive value. Is this a prolonged bear market or just a phase? What’s your take?
The market is swallowing your assets please don't listen to anyone now as
1. Buying the Dip? A Fool’s Trap!
Anyone telling you to "buy the dip" is either lying or delusional. The market is full of junk projects, and traders have been wiped out. Greed has cursed everyone, leaving them in pain and deep losses.
2. The Brutal Decline: My Portfolio’s Fall from $32K to $15K
The numbers speak for themselves. A once-strong spot portfolio has been shredded, exposing the brutal reality of this relentless bear market.
3. The Myth of a Bull Run – It Died in 2021
Since the 2021 peak, there has been no real bull run—just temporary pumps driven by hype and manipulation. The January 2024 BTC rally? Fueled by ETF approval. Later gains? Manufactured by election narratives and market makers.
4. Who Really Profits? The CEX, DEX & Whale Cartel
While investors and traders bleed, centralized (CEX) and decentralized (DEX) exchanges, along with market-moving whales, pocket billions. The system is rigged against the average holder.
5. Influencers Are Wolves in Sheep’s Clothing
If anyone tells you to buy the dip, send them straight to hell. These so-called experts are deliberately misleading people, trapping them in deeper losses. The Illusion of Hope: ETF & Election Hype vs. Trader’s Hell
The BTC ETF approval in early 2024 and the pro-crypto U.S. election narrative temporarily pushed the market higher, creating false hope. But this wasn’t a true recovery—it was just another trap set by market makers. While whales and institutions profited, regular traders were dragged deeper into financial ruin. What seemed like the start of a new bull run was nothing more than a well-executed illusion, leaving investors in even greater pain.
JTO Surges 30% Following Upbit Listing Announcement
JTO’s Price Spikes Amid Exchange Listing
JTO, the native token of Jito, jumped nearly 30% after Upbit announced its listing on Feb. 21 at 14:30 KST. Currently, JTO is trading at $3.17, though it has dipped 3.5% in the past hour.
Before the announcement, the token had seen minimal movement, rising only 0.92% over the past week and 5.48% in the past month. The previous day’s closing price for JTO was ₩4,136 KRW ($2.88 USD), according to Upbit.
Trading Volume Soars Over 400%
Alongside the price increase, JTO’s trading volume skyrocketed by 425.5% in the last 24 hours. This surge indicates a sharp increase in trader interest and market activity.
Key Market Statistics:
Market Cap: $925 million
Fully Diluted Valuation (FDV): $3.2 billion
Circulating Supply: 296 million JTO
Upbit’s Trading Restrictions for JTO
To manage volatility, Upbit has implemented the following restrictions for JTO trading:
Buy orders restricted for the first five minutes after trading begins.
All order types except limit orders restricted for the first hour.
Sell orders capped at 10% below the previous day’s closing price.
Jito: The Leading Liquid Staking Platform on Solana
Jito is recognized as the largest liquid staking project on the Solana blockchain, boasting a Total Value Locked (TVL) of 15.12 million SOL—equivalent to $2.6 billion.