NetherMan
Open Trade
Frequent Trader
1.1 Years
20 Following
20 Followers
31 Liked
0 Shared
Recent Trading News
Here's a summary of the recent trading news:
Stock Markets:
* US Markets: On Tuesday, US stocks continued their upward trend for the sixth consecutive day. The Dow Jones Industrial Average rose by 0.75%, the S&P 500 gained 0.58%, and the Nasdaq Composite increased by 0.55%. This positive sentiment was partly driven by comments from Commerce Secretary Howard Lutnick, who suggested that the White House was nearing a trade agreement. President Trump also indicated that a deal with India could be f
Stock Markets:
* US Markets: On Tuesday, US stocks continued their upward trend for the sixth consecutive day. The Dow Jones Industrial Average rose by 0.75%, the S&P 500 gained 0.58%, and the Nasdaq Composite increased by 0.55%. This positive sentiment was partly driven by comments from Commerce Secretary Howard Lutnick, who suggested that the White House was nearing a trade agreement. President Trump also indicated that a deal with India could be f
Stablecoins News
Here's the latest news and information regarding stablecoins:
Adoption and Use Cases:
* Growing Transaction Volumes: Stablecoin transfer volumes reached a significant $27.6 trillion in 2024, surpassing the combined transaction volumes of Visa and Mastercard by 7.7%. This highlights the increasing reliance on stablecoins for substantial financial activities.
* Increased Active Wallets: The number of active stablecoin wallets saw substantial growth, increasing from 19.6 million in February 2024
Adoption and Use Cases:
* Growing Transaction Volumes: Stablecoin transfer volumes reached a significant $27.6 trillion in 2024, surpassing the combined transaction volumes of Visa and Mastercard by 7.7%. This highlights the increasing reliance on stablecoins for substantial financial activities.
* Increased Active Wallets: The number of active stablecoin wallets saw substantial growth, increasing from 19.6 million in February 2024
New Exciting Tokens
Here's a summary of recent activity and some tokens that might be of interest:
Recent Listings (Late March - April 2025):
* Hyperlane (HYPER): Added to Binance Earn, Buy Crypto, Convert, Margin & Futures on April 22, 2025.
* Mubarak (MUBARAK), CZ's Dog (BROCCOLI714), Tutorial (TUT), Banana For Scale (BANANAS31): Listed on March 28, 2025, following a community "vote to list." These are described as "hot new tokens" and "community's choice wins."
* Paws Token (PAWS): Listed on March 18, 2025. I
Recent Listings (Late March - April 2025):
* Hyperlane (HYPER): Added to Binance Earn, Buy Crypto, Convert, Margin & Futures on April 22, 2025.
* Mubarak (MUBARAK), CZ's Dog (BROCCOLI714), Tutorial (TUT), Banana For Scale (BANANAS31): Listed on March 28, 2025, following a community "vote to list." These are described as "hot new tokens" and "community's choice wins."
* Paws Token (PAWS): Listed on March 18, 2025. I
Bitcoin (BTC) News as of Tuesday, April 8, 2025 (Sarajevo time):
Price Action:
* Bitcoin is currently trading around $79,800 - $80,500, showing some recovery after a dip.
* Yesterday saw Bitcoin fall to a five-month low in the $74,000 - $77,000 range following President Trump's tariff announcements that shook global markets.
* Over the last 24 hours, Bitcoin's price has increased by around 2-4%.
* However, Bitcoin is still significantly below its all-time high of around $109,000 reached earlier this year.
* Some analysts predict further drops, with one expert suggesting a potential fall to as low as $10,000, while others remain optimistic about a substantial rise in the coming year.
$BTC #BTCvsMarkets Market Factors:
* Trump's Tariffs: New tariffs imposed by the U.S. on trading partners are a major factor causing market volatility and impacting Bitcoin's price. Initial reports of a potential tariff suspension were labeled "fake news," leading to a sharp price drop.
* Yuan Weakening: China has allowed its currency, the yuan, to weaken past a key level against the dollar amid the escalating trade war. Historically, a weaker yuan has sometimes led to Chinese capital flowing into Bitcoin as a hedge. However, China's current anti-crypto stance might make this more challenging than in the past.
* Market Sentiment: Despite the recent recovery, the overall mood remains cautious due to the uncertainty surrounding the trade situation.
* Liquidations: The recent price drop triggered significant liquidations in the cryptocurrency derivatives market, with hundreds of millions of dollars worth of positions being closed.
* Institutional Activity: El Salvador reportedly bought more Bitcoin during the recent dip.
* New Financial Products: Cboe will launch new Bitcoin futures contracts with FTSE Russell on April 28th.
Price Action:
* Bitcoin is currently trading around $79,800 - $80,500, showing some recovery after a dip.
* Yesterday saw Bitcoin fall to a five-month low in the $74,000 - $77,000 range following President Trump's tariff announcements that shook global markets.
* Over the last 24 hours, Bitcoin's price has increased by around 2-4%.
* However, Bitcoin is still significantly below its all-time high of around $109,000 reached earlier this year.
* Some analysts predict further drops, with one expert suggesting a potential fall to as low as $10,000, while others remain optimistic about a substantial rise in the coming year.
$BTC #BTCvsMarkets Market Factors:
* Trump's Tariffs: New tariffs imposed by the U.S. on trading partners are a major factor causing market volatility and impacting Bitcoin's price. Initial reports of a potential tariff suspension were labeled "fake news," leading to a sharp price drop.
* Yuan Weakening: China has allowed its currency, the yuan, to weaken past a key level against the dollar amid the escalating trade war. Historically, a weaker yuan has sometimes led to Chinese capital flowing into Bitcoin as a hedge. However, China's current anti-crypto stance might make this more challenging than in the past.
* Market Sentiment: Despite the recent recovery, the overall mood remains cautious due to the uncertainty surrounding the trade situation.
* Liquidations: The recent price drop triggered significant liquidations in the cryptocurrency derivatives market, with hundreds of millions of dollars worth of positions being closed.
* Institutional Activity: El Salvador reportedly bought more Bitcoin during the recent dip.
* New Financial Products: Cboe will launch new Bitcoin futures contracts with FTSE Russell on April 28th.
Today's PNL
2025-04-08
+$0.02
+0.67%
Login to explore more contents