Weekly Report (01 – 06 April 25) | What Happened This Week In Crypto
This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Arthur Hayes Argues Gold and Bitcoin Are Superseding US Treasuries as Global Reserve Assets
US Reserve Asset Dominance Ending: Arthur Hayes argues that the era of US Treasuries and, to a lesser extent, US stocks as the primary global reserve assets is coming to an end. Gold and Bitcoin as Successors: Hayes posits that gold will regain its role as a neutral reserve asset for trade settlements, and Bitcoin will emerge as a critical reserve asset in this new global financial order…[Read More]
2) Bitcoin Price Resilient Amid Stock Market Decline Triggered by Tariffs
President Trump’s new tariffs triggered a significant sell-off in the stock market, wiping out trillions in value; however, Bitcoin demonstrated remarkable resilience, holding its value and even rebounding, suggesting a potential break from traditional market correlation…[Read More]
3) Bitcoin Poised to Overtake Ethereum as the Hub for DeFi Experts Say
Ethereum’s DeFi ecosystem is weak due to fragmented liquidity and lack of clear long-term direction, making it less competitive as a DeFi hub. Solana’s recent DeFi growth is primarily fueled by unsustainable memecoin speculation and prone to fraud, failing to establish a solid foundation for lasting decentralized finance…[Read More]
4) Clanker Launchpad Generates $13 Million Revenue in Five Months on Base
Clanker, a token launchpad on Base, has generated $13 million in revenue in just five months, achieving an average monthly revenue of $2.6 million and establishing itself as a highly profitable project on the Base network…[Read More]
5) Trump Administration Implements New Global Tariffs
The EU will face a 20% tariff, Japan 24%, and China a total of 54% with new and existing tariffs combined. Mexico and Canada are exempt from the harshest tariffs, while the UK faces only the base 10% tariff…[Read More]