In the evening of April 6, the price of Bitcoin (BTC) sharply began to decline, breaking through the psychologically important level of $75,000. The asset is currently trading near this mark, reports Broker finance. According to Binance, over the last 24 hours, Bitcoin has decreased by almost 10%. The decline has also affected most altcoins in the top 10 by market capitalization, with some suffering significantly more.
The most notable decreases were shown by:
XRP — about 21%
Dogecoin — approximately 19%
Ethereum — around 18%, the price could not hold above the mark of $1500.
#TRUMP At the same time as the decline in the cryptocurrency market, futures on U.S. stocks sharply went down on Sunday evening, foreshadowing a continuation of the two-day sell-off, resulting in a reduction of stock market capitalization by trillions of dollars. A turbulent week is expected amid the reaction of global trading partners to the stricter-than-expected tariffs imposed by the Trump administration last week.
At the end of April, the Blum trading mini-application plans TGE, an airdrop, and the addition of a token launch platform based on Solana. This was discussed by the project's CEO, Gleb Kostarev, during the "Podcast Society" on the ForkLog YouTube channel.
The choice of Solana and potentially other blockchains is related to the low liquidity on TON.
"There is a problem with TON, which is precisely the lack of liquidity. Conditionally speaking, if you launch a meme coin on TON, it can reach $10 million. If on Solana, it will allow it to reach $100 million," noted Kostarev.
Currently, the project is focused on the token release, the development of utility functions for it, and a platform for trading futures.
Kostarev linked the "prolonged" timelines for the token release and airdrop to the desire to first provide a product and functions for the use of the asset that will create natural demand for it.
To combat multi-account holders and cheaters, special mechanisms have been integrated. Such users will not receive the airdrop, added the CEO of Blum. #BLUM $TON
🚀 Blum is preparing for TGE — what does it mean and should we expect it?
Blum officially announced TGE this spring.
👉 TGE (Token Generation Event) is an event when the project first issues its token. After TGE, the token may hit exchanges, and it will be possible to buy, sell, stake, etc. Simply put, it is like the "birth" of the project's coin.
📆 There is no exact date yet, but the Blum team promised to share details next week. So we will soon find out what they are preparing and what the conditions will be. #BLUM 🤔 Are we waiting or not?$ $TON
The expert noted that the United States is unable to conquer and weaken China for at least the next 30 years. However, this fact frightens the American elites, added Varoli. Earlier, historian Andrei Sidorov stated that Donald Trump considers the PRC one of his main adversaries ("This is another reason why he wants to resolve the issue of Ukraine and Russia and make peace. Because Donald Trump wants to focus on China. They [Donald Trump's team] understand that the only country that can really threaten American dominance in all areas – military, economic, financial, and technological – is China. And we are already seeing how the U.S. is preparing even for war against China," said John Varoli.)#TRUMP $BTC
Sources from the television channel familiar with the course of negotiations named achieving an agreement on concessions that Russia is willing to make, including the possibility of withdrawing troops from territories that have come under its control in the last three years, as one of the priorities of the talks.
Peskov described the conversation between the two leaders as "one of the discussions in the chain of actions aimed at establishing dialogue and finding ways to resolve the situation around Ukraine". According to him, the contacts between Putin and Trump do not pertain to global restructuring and "a new Yalta" (referring to the Yalta Conference of 1945, dedicated to establishing the post-war world order). Putin does not plan to make a statement following the conversation with Trump.
In the White House, ahead of the phone call between the two leaders, it was stated that Trump is seriously committed to achieving peace in Ukraine. The presidents of the US and Russia had "very good working relationships in the past, they respected each other", noted White House Deputy Press Secretary Harrison Fields. He expressed hope that Trump would be able to achieve peace "in a very short period of time". #TRUMP $BTC
Pavel Durov has been released from France to Dubai: price and future of TON Pavel Durov left France and headed to Dubai with court permission, reports AFP. He had been in France since August of last year due to various charges. In the summer of 2024, he was detained in Paris and has since been under investigation for a number of charges, including complicity in drug trafficking, as well as for refusing to provide information requested by authorized bodies. A few days after Durov's detention, he was released on bail with the obligation to report to the police and was prohibited from leaving France. The reaction of the TON price was immediate, and within minutes of the news breaking, toncoin rose by more than 20%. For a long time, the ton exchange rate had been at the bottom not only due to the news of Pavel's detention but also because of the overall situation in the cryptocurrency market. What will the price of ton be and how long will it take to recover to the same 6-7 dollars? It is unknown, as it depends on many factors that influence altcoins. #CryptoNewss $TON
$TON — one of the project's leaders became the vice president for social platforms at VK, Andrey Rogozov. Constant advertising in TG channels, parasitizing on the name of Pavel Durov, integration with Morgenshtern, and now this. Everything that the TON developers do literally screams that they can be trusted. After all, let's agree, it can't be that a project originally belonging to Pashka Durov, and now operating under the guidance of one of the VK top executives, is a scam. It can't be, right?
🪙 Yesterday, the Ethereum Foundation introduced new co-CEOs Xiao-Wei Wang and Tomasz Stanczak, who will take up their duties on March 17.
Core developer Tim Beiko called it “one of the most important turning points in the history of Ethereum.”
Standczak is the founder of Nethermind and an early contributor to Flashbots, with experience in client development and ecosystem scaling. Wang has been with EF for seven years, contributed to the creation of the Beacon Chain, and was one of the first to show how sharding would be implemented in Ethereum 2.0.#CryptoNewss $ETH
Trump's Tariff Policy Crashes Cryptocurrency Market by 1 Trillion Dollars
The cryptocurrency market experienced a dramatic decline at the end of the week, with Bitcoin dropping below the $80,000 mark, reaching a low of $78,651. This drop of 28% from the historical high of $109,410 set on January 19 was part of a larger crash, resulting in a total market capitalization of the cryptocurrency market shrinking by more than $1 trillion from the December peak of $3.72 trillion.
A key catalyst for this decline was investor concerns regarding President Trump's trade policy, particularly his decision to impose 25% tariffs on imports from Mexico and Canada, which will take effect on Tuesday. The situation seems ironic, considering that during his election campaign, Trump positioned himself as the "crypto-president" and promised to create a favorable environment for digital assets. #TRUMP $BTC
After the scandalous negotiations over Ukraine, Donald Trump's memecoin has risen The visit of Ukrainian President Volodymyr Zelensky to the residence of the American leader, which was initially dedicated to signing an agreement on the supply of strategic raw materials, unexpectedly escalated due to disagreements with U.S. President Donald Trump and his deputy James Vance.
This diplomatic incident sparked heated discussions in the media and social networks, which unexpectedly affected the cryptocurrency market. As a result of the widespread resonance, the token associated with Donald Trump showed significant growth, and its daily trading volume increased significantly, indicating high investor interest.
This dynamic coincides with the active development of digital projects related to the former U.S. president. Recently, representatives of the Trump Organization filed an application with the U.S. Patent and Trademark Office to register the TRUMP brand in the metaverse sector, which may indicate plans to further strengthen positions in the field of digital assets and technologies. #TRUMP $TRUMP
The BitMEX cryptocurrency exchange is set to be sold – coindesk
At the end of last year, representatives of BitMEX turned to the investment bank Broadhaven Capital Partners for assistance with the sale process.$XRP #CryptoNewss
Robert Kiyosaki advises to buy Bitcoin "on sale" – twitter
"The reason for the market decline: the U.S. monetary system and criminal bankers. America is bankrupt. The national debt exceeds $36 trillion. When countries like Japan and China stop buying U.S. government bonds… inflation will skyrocket. The U.S. economy and the U.S. dollar will collapse. That's why I'm smiling and buying more BTC."$BTC #CryptoNewss
Against the backdrop of the market decline, there is great news in the TON ecosystem!!!🚨🚨🚨 A new product has appeared based on #BLUM 🔥🔥 Now BLUM has not just a memecoin that can scam at any moment!!!🔥🔥🔥 NOW THIS TOKEN CARRY A PRODUCT WITH IT!!! DEVELOPERS PROMISE THEIR OWN ECOSYSTEM BASED ON $TON 1 product has already been announced in the community 🎉🎉 #CryptoNewss