Bitcoinsistemi

JPMorgan Chase warns of a recession due to Trump's tariffs. Major banks revise growth forecasts reflecting concerns over economic slowdown and potential stagflation, with expectations of Fed rate cuts. Markets react sharply to trade tensions.
Summary: JPMorgan predicts recession amid trade tensions, leading to revised growth forecasts and potential stagflation, prompting expectations of Fed rate cuts.

SEC released a new guidance defining "Covered Stablecoins" as those pegged 1:1 to USD, usable in USD, and backed by low-risk, high-liquidity assets. The guidance clarifies these stablecoins are not considered securities by the SEC. However, it does not apply to algorithmic or interest-bearing stablecoins.

A major crypto whale recently purchased a significant amount of altcoins, including MKR, PENDLE, and HYPE, totaling $2.41 million. The whale funded these purchases by selling off LINK and AAVE assets. The current holdings of the whale amount to $9.96 million, with $3.7 million in USDC, and other major holdings in MKR, AAVE, LINK, and PENDLE.

FTX has deleted around 400,000 unverified customer claims due to not meeting the court-mandated KYC deadline. This move significantly reduces the eligible creditor pool as the exchange continues complex bankruptcy proceedings.

According to **Bank of America** strategist Michael Hartnett, market downturns in stocks, oil prices, bond yields, and a significant drop in the U.S. dollar could lead to an increase in risk appetite, presenting buying opportunities in volatile markets. Hartnett also highlighted the importance of monitoring Trump's approval ratings as a significant market signal amidst political uncertainties.

Bitcoin investor sentiment hit a two-year low in early 2023, suggesting a potential uptrend. Despite market turmoil, Bitcoin showed resilience amid sharp sell-offs in traditional finance, fueling speculation of a "risk-on" environment. Key metrics hint at a possible shift in the market sentiment.

Despite economic uncertainty following President Donald Trump's tariff announcement, Bitcoin remains strong, outperforming most tech stocks. Analysts predict further rise, with Standard Chartered calling Bitcoin a strong asset and suggesting a potential surge to $88,500. Bitcoin is viewed as a hedge and a safe haven amid market fluctuations, with its resilience contrasting with traditional finance market trends. Standard Chartered's analysis advises investors to "HODL" amid tariff risks and recession fears in the US.

The impact of tariffs announced by US President Donald Trump continues to affect both global and cryptocurrency markets, with expectations of a Federal Reserve interest rate cut adding to uncertainties. Analysts are closely watching Fed Chairman Jerome Powell's remarks for economic signals amid concerns over inflation and recession risks.

The much-anticipated Ethereum upgrade, Pectra, has been officially scheduled for May 7th after delays due to testnet issues. Pectra aims to enhance scalability, stake limits, and wallet functionality in Ethereum.

Justin Sun claims that the founder of Tron, Hong Kong-based First Digital Trust (FDT) has gone bankrupt, raising concerns about financial mismanagement and regulatory oversight in Hong Kong. Sun questions how FDT, despite its financial difficulties, continues to operate and raise new capital. He calls on authorities to address the situation. FDT has not publicly responded to Sun's allegations, and Hong Kong regulators have not made a statement yet.

Bitcoin ve altcoinler, ABD'nin vergi duyurusu sonrası düşüş yaşadı. Uzmanlar, FED'in faiz kararının kripto piyasaları etkileyebileceğini belirtiyor. Kısa vadeli oynaklığın devam etmesi beklenirken, yatırımcılar güvenlik amacıyla tedbir almaya devam ediyor.

Bitcoin and altcoins are struggling amid US President Donald Trump's new customs tariff announcements. Analyst il Capo remains optimistic despite the economic uncertainty, suggesting Bitcoin is poised for a bullish trend if it reclaims $85,000. Il Capo warns against selling BTC, anticipating a strong recovery with just a trigger needed for an uptrend.

Trump increased tariffs on Chinese goods by adding an extra 34%, while China retaliated by imposing a 34% tariff on all US goods, causing Bitcoin to drop to $82,500.