NiftyNoon: Trump Hits Pause on Tariffs - Will Markets Hit Play on the Bull Market? 🐂▶️📈
Donald Trump’s 90 day tariff pause reversed a historic downtrend in markets over the last week with an equally historic price bounce (10 April, 2025)
Nifty Thought:
Donald Trump’s 90 day tariff pause reversed a historic downtrend in markets over the last week with an equally historic price bounce. However, trade tensions with China remain elevated and it is not clear that either side wants to back down. Nonetheless, the market’s volatility and fast reaction to pump on good news reveals strongly that market participants very much want to bid. This demonstrates that the bear we have experienced over the past week is simply a reflection of negative sentiment surrounding tariffs alone and an amicable resolution of the situation will likely continue the previous positive momentum the market was experiencing. On another note, Bitcoin’s relative strength during this market turmoil has been remarkable. Bitcoin holding up reasonably as risk-on equities dumped is especially exciting when considered against the fact that Bitcoin has outperformed equities overall during risk-on periods. If this trend continues, Bitcoin may truly establish itself as a legitimate and credible asset class.
Highlighted News:
🇺🇸 President Trump has authorized a 90 day tariff PAUSE:
https://x.com/TruthTrumpPosts/status/1910020628410945729
💳 Kraken has announced a partnership with Mastercard:
https://x.com/BTCPrague/status/1909873488392867926
🐕 @21Shares introduce the only Dogecoin ETP endorsed by @dogecoinfdn:
https://x.com/21Shares/status/1909876206020837776
🪄 @MagicEden just acquired @SlingshotCrypto:
https://x.com/MagicEden/status/1910030504646131985
📈 Largest point moves EVER to the upside in the DOW, Nasdaq, and S&P 500:
https://x.com/unusual_whales/status/1910062409529639278
Project and Community News:
Bitcoin pumps over $83,000: https://x.com/BitcoinMagazine/status/1910074902788383116
VanEck confirms that China and Russia are officially settling some energy trades in Bitcoin as the trade war ramps up: https://x.com/KobeissiLetter/status/1909996149160673655?s=19
The @SECGov has approved options trading on $ETH spot ETFs: https://x.com/EleanorTerrett/status/1910056794334130360
Treasury Secretary Scott Bessent says the US government is looking at "regulatory impediments to blockchain, stablecoins, and new payment systems": https://x.com/WatcherGuru/status/1909975290291384388
$1 Billion $USDT Minted on ETH: https://x.com/arkham/status/1910067782936338828
Argentina’s Congress has launched probe into $LIBRA token: https://x.com/SolanaFloor/status/1909895519901827335
China releases a white paper titled "China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations": https://x.com/ChineseEmbinUS/status/1909965517810552861
Solana Devs - OpenZeppelin just open-sourced Solana Relayers in alpha: https://x.com/solana_devs/status/1909771030777966959?s=46
Say hello to USDT0, now live on Sei: https://x.com/SeiNetwork/status/1910020610866008077
LDUSDT, Binance’s latest reward-bearing margin asset, is coming soon: https://x.com/binance/status/1909939514476232783
Story is partnering with @googlecloud web3 to bring programmable IP to the mainstream: https://x.com/StoryProtocol/status/1909954455652475089
@apolloglobal have made a strategic investment in Plume: https://x.com/plumenetwork/status/1909592232203846021
Check if you made it - http://boithebear.com: https://x.com/boithebear/status/1910047448338498036?s=46
Important notice about Wayfinder community and wallet missions: https://x.com/AIWayfinder/status/1909771709940461643
Kaspersky has identified malware named "officepackage" that steals cryptocurrency via counterfeit Microsoft Office add-ins uploaded to SourceForge: https://x.com/ChainDesk_/status/1909901096438419695
Jump in today for Metaverse Fashion Week in @decentraland: https://x.com/CanessaDCL/status/1909972870773514401
Day 1 at @ParisBlockWeek highlights: https://x.com/HivelloOfficial/status/1909687411216367710
Quick Stats:
👾 Blur ETH Daily Volume: 960 ETH (▲ 8.66%)
🌊 OpenSea ETH Daily Volume: 1,183 ETH (▲ 15.64%)
🟠 BTC : $81,728.53 (▲ 7.25%)
🔷 ETH: $1,593.36 (▲ 9.63%)
🟣 Solana: $113.84 (▲ 9.92%)
🟪 Polygon: $0.18 (▲ 6.16%)
Top NFT Sales:
Azuki #1402: 60.00 ETH
CryptoPunks #3713: 55.00 ETH
CryptoPunks #6066: 46.50 ETH
NFT Daily Winners:
🐵 NodeMonkes: 0.03 BTC (▲ 12.87%)
🍭 Mocaverse: 2.10 ETH (▲ 11.17%)
🧦 Bitcoin Puppets: 0.03 BTC (▲ 9.26%)
💼 Ordinal Maxi Biz: 0.03 BTC (▲ 7.92%)
⛩ Azuki: 2.57 ETH (▲ 5.60%)
🐧 Pudgy Penguins: 9.22 ETH (▲ 3.60%)
😡 Mad Lads: 47.60 SOL (▲ 3.48%)
🏴☠ Captainz: 0.63 ETH (▲ 3.42%)
👩🏻 Milady Maker: 3.14 ETH (▲ 1.93%)
🦧 Bored Ape Yacht Club: 14.20 ETH (▲ 1.48%)
🚬 CryptoPunks: 42.50 ETH (► 0.00%)
🏳🌈 Chromie Squiggles: 4.35 ETH (► 0.00%)
NFT Daily Losers:
🐱 Quantum Cats: 0.04 BTC (▼ 0.23%)
👾 Tensorians: 2.63 SOL (▼ 0.27%)
Notes:
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