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The U.S. Department of Justice (DOJ) is reconsidering whether victims of crypto fraud should receive reimbursement based on the value of the assets at the time of loss or according to current market prices.
This review arises from complaints from victims, especially in high-profile cases like FTX, who argue that current rules prevent them from benefiting from significant price increases of digital assets since the time of the fraud.
The Trump family will launch cryptocurrency ETFs 'Truth.Fi'
The Cryptocurrency ETFs of 'Truth.Fi' with the Trump Brand are Approaching The family of President Donald Trump is now expanding into investment management after Trump Media and Technology Group (TMTG) announced on Tuesday the launch of a series of exchange-traded funds (ETFs) and separately managed accounts (SMAs) through its FinTech brand āTruth.Fiā. TMTG's mission, according to the company's press release, is to āend the Big Tech attack on free speech by opening up the Internet and returning the voice to the people.ā
This new venture will be carried out in partnership with cryptocurrency financial services provider Crypto.com and Florida-based asset manager Yorkville America Digital, subject to regulatory approval that TMTG expects to receive ālater this year.ā Although a press release was issued on Tuesday, Newsweek previously reported on the upcoming launch, stating that the Trump family's investment products will carry the branding ānot woke.ā The current release describes the products as āMade in America.ā
The 5 things you should know this April 21: Pope Francis, Bukele's proposal, new chat
1. Pope Francis dies at 88 Pope Francis, spokesman for the poor who overcame fierce resistance to transform the Catholic Church, passed away at 88, the Vatican announced. The pope's death was announced this Monday morning by Cardinal Kevin Farrell, the Vatican's camerlengo.
2. Bukele proposes prisoner exchange to Maduro The president of El Salvador, Nayib Bukele, proposed to NicolƔs Maduro through X to repatriate hundreds of Venezuelans deported by the U.S. to the Salvadoran prison in exchange for what he called 'political prisoners.' CNN has contacted the Venezuelan government for comments on this offer. It is currently unknown whether the U.S. has been informed of Bukele's initiative.
On April 22, the USDC issuer Circle will launch a new product for cross-border payments and transfers as an alternative to Visa and Mastercard, media reports.
The solution is designed for banks, fintech companies, payment service providers, money transfer providers, and strategic partners of the stablecoin issuer. $USDC
You can make money in the crypto world, and this is one of those ways to win. (Don't worry, I'll explain it to you like a friend ā without technical jargon) In the crypto world, there are two very profitable strategies used by those who understand:
Arbitrage between exchanges and Arbitrage within the same exchange Arbitrage between exchanges ā when the same coin has different prices on different platforms. Example: BTC costs $30,000 on Binance and $30,300 on another exchange You buy it cheaper ā transfer it ā sell it for more ā and there you go, profit Sounds easy, right? There are details like fees or transfer times.
Arbitrage within the same exchange ā when there are price differences within a single platform Sometimes, different pairs with the same coin (like BTC/USDT and BTC/ETH) allow you to move funds quickly and profit from the difference.
š„Donald Trump has just made statements šThe SP500 and #Bitcoin reacted UPWARD to this:
What did Trump say that made the financial markets riseāļø
š£Trump claims that "he is very confident in reaching an agreement with Europe" š£He also stated that he believes he will make "a VERY GOOD DEAL with China" š£On the other hand, Meloni, the Prime Minister of Italy, who was with Trump, stated that she is CONFIDENT that they will make an agreement with the U.S.
šFurthermore, White House officials expect to announce a trade agreement with Japan soon šAs a result, Bitcoin has risen from $83,826 to $85,052 #StaySAFU #BinanceLaunchpoolINIT $BTC
Phantom Wallet is Sued for $500,000 Theft in Memecoin Linked to Alleged Security Flaw
In Summary, Phantom was sued in New York following the theft of $500,000 in WIENER tokens from its wallet due to alleged security flaws. The lawsuit claims that Phantom stored private keys unencrypted in the browser's memory, facilitating the attack. The plaintiffs are claiming at least $3.1 million and accuse Phantom of operating as an unregistered trading platform. Phantom denied the allegations, stated that the lawsuit lacks merit, and defended its focus on security and user education. You can see the news at: Coingecko
Ron Paul warns of long-term economic chaos amid tariff war between the U.S.
š„š„Ron Paul: 'Empires end' when markets take control In his April 9th Liberty Report broadcast, free-market advocate and former Congressman Ron Paul warned that the escalation of tariff tensions between the United States and China is symptomatic of deeper economic and geopolitical problems that could lead to prolonged global instability. Paul referred to the current situation as a 'double war': one economic, involving tariffs and monetary policy, and the other geopolitical, with broader military implications. 'There is a double war underway. There is an economic war with tariffs involved. There is also this hot war in which we are participating and funding almost everything,' Paul said.
Bitcoin recovers with tariff relief, but the bullish drought persists: Cryptoquant
Cryptocurrency prices surged after a temporary pause in U.S. tariffs, but the bullish momentum remains weak, report researchers from Cryptoquant. Bitcoin recovered losses at a critical technical support level, but weak investor sentiment indicates caution for the future. $BTC #BTC
šµšµBitcoin and Stocks Soar as Trump Confirms 90-Day Pause on TariffsāExcept for China
In Summary, Trump announced a 90-day pause on the implementation of "reciprocal" tariffs for most countries, excluding China. The price of Bitcoin rose 4.6% to $81,300, Ethereum increased by 6.1%, and XRP jumped 10% following the announcement. Wall Street responded strongly: the S&P 500 and the Dow rose more than 5%, and the Nasdaq climbed over 8%. Chinese products now face tariffs of 125%, while China responded with levies of 84% on American products.
The President of the United States, Donald Trump, said on Wednesday that he would allow a 90-day pause on the implementation of "reciprocal" tariffs against most countries, which caused cryptocurrency and stock prices to soar immediately afterwards. $BTC #BTC #cripto
#TRUMP threatens to impose an additional 50% tariff on #china if the country does not withdraw its tariff increase of 34% will take effect on April 9 if China does not withdraw the 34% tariff before April 8
Arthur Hayes: Trump's tariffs are a bullish sign for
The co-founder of #BitMEX, Arthur Hayes, believes that the tariffs proposed by Trump (10% for all countries and 34% specifically for China) will lead to increased money issuance and a correction of global imbalances ā which is "positive for $BTC " in the medium term. $BTC
In recent weeks, we have seen how Donald Trump has reignited tariff rhetoric with promises to impose massive tariffs on Chinese and European products. The public debate has focused, as usual, on whether this responds to a protectionist, electoral strategy, or simply populism. But the truth is that very few are seeing the essential: this has nothing to do with international trade. It has to do with the cost of debt. The United States faces a silent but monumental economic challenge: more than 9 trillion dollars in Treasury bonds will mature before the end of 2026. Most were issued during the years of near-zero interest rates. Today, the landscape is different. With the yield on the 10-year bond still above 4%, refinancing that debt will not be cheap.
The crypto economy and Wall Street plummet after the 'Liberation Day'āWas it intentional?
U.S. stocks fell sharply on Thursday, hours after President Donald Trump introduced broad trade tariffs in his 'Liberation Day' speech. Analysts speculate that the administration aims to orchestrate an economic slowdown to curb inflation and relieve debt burdens, with the turmoil on Wall Street occupying a low priority among its priorities. news atš coingecko #CriptoRevolución
U.S. WILL IMPOSE A 10% TARIFF ON ALL IMPORTS, SAYS PRESIDENT TRUMP
25% TARIFF ON AUTOMOBILES U.S. WILL APPLY A 26% TARIFF ON IMPORTS FROM INDIA A RECIPROCAL DISCOUNTED TARIFF OF 34% WILL BE CHARGED TO CHINA 20% TARIFF ON THE EU, SEE THE GRAPH *34% TARIFF ON CHINA, SEE THE GRAPH *46% TARIFF ON VIETNAM, SEE THE GRAPH *24% TARIFF ON JAPAN, SEE THE GRAPH *TRUMP: RECIPROCAL RATE FOR THE UNITED KINGDOM 10% 25% TARIFF ON SOUTH KOREA, SEE THE GRAPH *U.S. WILL IMPOSE A 36% TARIFF ON THAILAND, SEE THE GRAPH *TRUMP: RECIPROCAL RATE FOR SWITZERLAND 31% *U.S. WILL IMPOSE A 49% TARIFF ON CAMBODIA, SEE THE GRAPH U.S. WILL APPLY A 10% TARIFF ON IMPORTS FROM BRAZIL.