Atlantis-Crypto

#ArizonaBTCReserve China has exempted ethane imports from the United States from a 125% tariff imposed earlier this month. The exemption is part of a broader list of products eligible for the exemption.

The move will help reduce costs for Chinese companies that rely on US ethane to make petrochemicals.

The news comes as the Port of Los Angeles announced that shipping volumes will drop by a whopping 35% next week as US companies stop importing goods from China due to the tariffs.

$BTC Coinbase is launching a new fund that aims to provide regular returns on its customers’ Bitcoin holdings. The fund, which is scheduled to launch on May 1, will aim for a net annual return of 4% to 8%, paid in Bitcoin, and will be available only to non-US institutional investors.

#AirdropStepByStep Dalmia Bharat reported a significant increase in consolidated net profit for the March quarter, leading to a 4% rally in shares, despite a decline in revenue from operations, with plans for capacity expansion and a final dividend recommendation.

#AbuDhabiStablecoin ASEAN and China should collaborate on establishing joint artificial intelligence initiatives, such as research centers and talent development programs, to create a smarter and more connected future according to Lee Chean Chung, Chairman of the Centre of Regional Strategic Studies.

#AirdropFinderGuide ⚡️⚡️⚡️⚡️⚡️⚡️
Strategy continues to invest $1.42B acquiring an additional 15,355 BTC at an average price of $92,737 / BTC.

Currently, Strategy holds a total of 553,555 BTC ($37.9B), with an average purchase price of $68,459 / BTC and still has a profit of nearly 40% ~ $14.7B.

#XRPETFs ETF Inflows Return Strongly

🪙 Bitcoin Spot ETFs recorded a net inflow of +$3.06 billion last week, the second highest in history (after the record of $3.35 billion at the end of November 2024).

The total amount of Bitcoin held in ETFs has now increased back to the level when Mr. Trump announced the tariffs.

🪙 Not only Bitcoin, Ethereum Spot ETFs also reversed dramatically with +$157 million in inflows, ending an 8-week streak of capital withdrawals.

#TrumpTaxCuts NYDIG notes that Bitcoin has increased in value by more than 13% since the beginning of April, while US stocks and the USD have declined due to President Trump's tariff tensions.

This shows that BTC is starting to be viewed by investors as "digital gold," a store of value not tied to any government, like gold or the Swiss franc. While Bitcoin's market capitalization (around $1.8 trillion) is still small compared to gold ($22 trillion), it is a rare, liquid option for those who want to avoid the risks of the US financial system. NYDIG notes that this decoupling trend is still early and volatile, but it shows that Bitcoin's role as a store of value is becoming more evident.

#XRPETF The US Securities and Exchange Commission (SEC) has just approved ProShares Trust's proposal to launch XRP-related futures ETFs, marking an important step in expanding investment products related to altcoins in general and XRP in particular.

However, the approved products do not include XRP spot ETFs, but focus on futures-based funds.

The effective date of these funds is set for April 30, 2025.

SEC-approved ETFs include:

- ProShares UltraShort XRP ETF: Provides inverse exposure with leverage, allowing investors to benefit from XRP's downward price trend.

- ProShares Ultra XRP ETF: Aims to amplify profits based on the upward price movement of XRP futures.

- ProShares Short XRP ETF: Designed to profit when XRP prices decline, suitable for contrarian investing strategies.

This approval reflects the SEC’s cautious approach to crypto products, favoring futures-based funds over spot ones, due to the transparency and stricter regulation of the futures market.

#XRPETF ProShares’ XRP Futures ETF, Offering 2X Leverage, Could Launch in the US as Early as April 30th.

This is a futures-based ETF, there is currently no approved XRP Spot ETF.

$ETH The International Monetary Fund (IMF) has confirmed that El Salvador 🇸🇻 is still maintaining its commitment to not hoard Bitcoin through the fiscal sector. Rodrigo Valdés, Director of the IMF’s Western Hemisphere Department, said that El Salvador continues to comply with this performance criterion, reaffirming the agreement with the IMF.

However, El Salvador’s President 🇸🇻 Nayib Bukele announced last month that they would not stop buying Bitcoin and continued their DCA strategy as of yesterday, so it is unclear why the IMF says that El Salvador is in compliance… There could be a “loophole” where they buy without using money from the “fiscal sector”, or it could be fake news

#TariffsPause Trump World Family Project Liberty Financial has signed a letter of intent with the Pakistan Cryptocurrency Council (PCC) to accelerate blockchain innovation, stablecoin adoption, and DeFi development in Pakistan.

The government of Pakistan plans to lay out a comprehensive crypto legalization policy in the near future.

$ETH The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress towards defusing the U.S.-China trade war reasserted itself following an interlude of optimism the previous day.U.S. assets, including the dollar, rallied on Wednesday after U.S. President Donald Trump backed down from threats to fire the head of the Federal Reserve and appeared to soften his stance on China.Treasury Secretary Scott Bessent said separately that the de facto embargo on U.S.-China trade was unsustainable, but that the U.S. would not move first in lowering its levies of more than 100% on Chinese goods.By Thursday, those dollar gains had unravelled. China said there had been no negotiations on the economy and trade and it urged the U.S. to lift all unilateral tariff measures if it really wished to resolve the issue, leaving investors roughly where they were earlier in the week in terms of clarity.The yen led the charge higher, leaving the dollar down 0.71% on the day at 142.395, but still above the 140-mark breached last week.

#EthereumFuture The Central Bank of Russia and the Finance Ministry are planning to launch an experimental crypto exchange as part of Russia's gradual legalization of cryptocurrencies, with qualified investors able to participate in the testing.

$TRUMP Bitcoin has surpassed Big Tech firms like Google, Amazon, and Meta to become the fifth-largest asset by market cap, with a valuation of $1.86 trillion, higher than that of silver, and behind Apple, Microsoft, and Nvidia.

#DinnerWithTrump Stocks surged on Wall Street as positive signs emerged in the U.S.-China trade war, with the S&P 500 jumping 3%, the Dow Jones Industrial Average adding over 1,000 points, and the Nasdaq Composite leading the rally with a 4.2% spike, following comments from top officials hinting at possible tariff relief and de-escalation in the trade standoff.

#BTCvsMarkets The Indian stock market continued its winning streak fueled by IT and auto stocks, as easing U.S.-China trade tensions and positive revenue forecasts from HCLTech boosted investor confidence, despite potential near-term headwinds.

$ETH Bitcoin price reached a six-week high, with institutional buying driving the rally and altcoins also rising in value, while Ether saw a 14 percent increase in the last 24 hours.

#MarketRebound Kimberly-Clark profit outlook cut - Wall Street is trying to bounce back today after a rough start to the week. Following Monday’s sharp sell-off, US stock futures are trading in the green with a strong rebound seen across all major indexes. The Dow Jones Industrial Average futures jumped over 270 points as of the latest update, while S&P 500 and Nasdaq futures are also showing solid gains.

#SaylorBTCPurchase The US dollar index has plummeted to a new three-year low amid speculation that Federal Reserve Chairman Jerome Powell may be removed from his position, leading to a sell-off of the dollar by hedge funds and a surge in other currencies and assets.

#USChinaTensions Global shares fell sharply due to U.S. restrictions on chip sales to China and continued tariff uncertainty, with tech stocks taking a hit, while gold reached record highs and the dollar weakened, as Federal Reserve Chair Jerome Powell stated the Fed would wait for more data before changing interest rates.