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  • BlackRock’s BUIDL fund pays $4.17M dividends in March, surpasses $25M in total payout
    by Gino Matos on April 3, 2025 at 6:30 pm

    BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) distributed $4.17 million in dividends during March, marking the largest monthly payout for a tokenized Treasury fund. According to a report by BUIDL’s issuer, Securitize, the record-setting distribution brings BUIDL’s cumulative dividend payments to $25.4 million since its inception, reflecting increasing institutional interest in on-chain exposure to traditional The post […]

  • North Korean hackers net $2.5 million profit after WBTC sales
    by Oluwapelumi Adejumo on April 3, 2025 at 5:30 pm

    Blockchain intelligence platform SpotOnChain reported that North Korea’s state-backed hacking group, Lazarus, has pocketed over $2.5 million in profit from a recent sale of wrapped Bitcoin (WBTC). On April 3, the group sold 40.78 WBTC for 1,857 ETH, worth roughly $3.51 million. The sale marks a sharp return on their February 2023 investment, when they The post North Korean hackers net $2.5 million profit after WBTC sales appeared first on […]

  • Ethereum overcomes setbacks, confirms Pectra upgrade for May 7
    by Oluwapelumi Adejumo on April 3, 2025 at 4:54 pm

    Ethereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7. Nixo Rokish, a member of the Ethereum Foundation’s protocol support team, shared the news in an April 3 post on social media, saying: “Pectra mainnet date confirmed May 7. Let’s gooooo.” Ethereum core contributor Terence further clarified that The post Ethereum overcomes setbacks, confirms Pectra upgrade for May 7 appeared first […]

  • Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations
    by Oluwapelumi Adejumo on April 3, 2025 at 3:00 pm

    Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile The post Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust […]

  • Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes
    by Oluwapelumi Adejumo on April 3, 2025 at 2:13 pm

    President Donald Trump has formally invited El Salvador’s President Nayib Bukele for an official meeting at the White House on April 14. Bukele confirmed the development in an April 3 post on X, formerly Twitter, where he revealed that the invitation came directly from the US President on April 1. According to details of the The post Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes appeared first on […]

  • S&P 500 opened down 3.6% threatening top 10 all-time drop as Bitcoin attempts $82k hold
    by Liam ‘Akiba’ Wright on April 3, 2025 at 1:33 pm

    The S&P 500 opened 3.65% lower on April 3, with pre-market pricing at $543.89, following President Donald Trump’s announcement of sweeping tariff policies. [Update: In the moments after the market opened, it recovered 1% in early morning trading.] The move, which introduces blanket 10% tariffs on all imports alongside targeted reciprocal tariffs of up to The post S&P 500 opened down 3.6% threatening top 10 all-time drop as Bitcoin […]

  • Bitcoin’s estimated leverage ratio falls below short-term average as traders pull back after March spike
    by Andjela Radmilac on April 3, 2025 at 12:27 pm

    Bitcoin’s estimated leverage ratio (ESL) shows how many traders are using derivatives with margin relative to the size of the market. More specifically, it can reflect the total open interest in leveraged positions compared to Bitcoin’s overall market cap or another benchmark. When ESL is high, it typically signifies that market participants are engaging in The post Bitcoin’s estimated leverage ratio falls below short-term average as […]

  • FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown
    by Oluwapelumi Adejumo on April 3, 2025 at 11:10 am

    Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March 3, 2025. The April 2 court filing includes 2,378 pages of invalidated claims, representing around 500,000 entries. The court order clearly disallows any claim listed that is not backed by KYC The post FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown appeared first […]

  • US Stablecoin regulatory framework moves forward despite backlash over Trump conflicts of interest concerns
    by Oluwapelumi Adejumo on April 3, 2025 at 10:05 am

    US lawmakers are moving closer to defining a national regulatory framework for stablecoins, with a major stablecoin bill advancing in Congress. On April 2, the House Financial Services Committee approved the STABLE Act of 2025 (H.R. 2392), a key piece of legislation that outlines regulatory standards for dollar-pegged stablecoins. The bill passed with 32 members The post US Stablecoin regulatory framework moves forward despite backlash over […]

  • TRUMP memecoin drops 10% as tariffs raise economic risk indicators
    by Liam ‘Akiba’ Wright on April 3, 2025 at 9:04 am

    TRUMP, the Solana-based memecoin launched by U.S. President Donald Trump, has fallen 10.36% over the past 24 hours, placing it seventh among the biggest losers across all digital assets by market capitalization. The price decline follows the formal announcement of sweeping new U.S. tariffs that have roiled markets and triggered a spike in perceived recession The post TRUMP memecoin drops 10% as tariffs raise economic risk indicators appeared […]

  • ‘Disloyal’ NSC Staffers Fired After Laura Loomer Brings Receipts To The White House
    by Tyler Durden on April 3, 2025 at 6:05 pm

    ‘Disloyal’ NSC Staffers Fired After Laura Loomer Brings Receipts To The White House Three staffers on the National Security Council have been fired after journalist Laura Loomer met with President Trump in the Oval Office on Wednesday, where she presented him with a list of ‘disloyal’ employees, the NY Times reports, thanks to ongoing (and copious) leaks from the administration. Mr. Trump may act on some of Ms. Loomer’s […]

  • This Trump Shock Is A Reverse Nixon
    by Tyler Durden on April 3, 2025 at 5:45 pm

    This Trump Shock Is A Reverse Nixon By Michael Every of Rabobank Hoot Small-ly and Reverse Nixon Again In line with the Churchillian tone I had struck, yesterday’s US tariffs were historic and suggest a world-wide battle. It remains to be seen in what form, with what outcome, but global bifurcation is again on the cards. The US raised its weighted-average tariff to 29%, the highest in over 100 years, and above the Smoot-Hawley […]

  • Auto Tariffs Pump Brakes On Jeep Owner; Stellantis Pauses Canada, Mexico Plants 
    by Tyler Durden on April 3, 2025 at 5:25 pm

    Auto Tariffs Pump Brakes On Jeep Owner; Stellantis Pauses Canada, Mexico Plants  President Trump’s 25% tariffs on imported vehicles took effect overnight, with the first signs of impact materializing Thursday morning—i.e., shares of U.S. carmakers tumbled in the early cash session, and Stellantis NV announced plans to temporarily suspend production lines in both Canada and Mexico. Bloomberg reported that the global automaker […]

  • Elon Musk’s Neuralink Seeks Patients Globally To Try Its Brain Chips
    by Tyler Durden on April 3, 2025 at 5:05 pm

    Elon Musk’s Neuralink Seeks Patients Globally To Try Its Brain Chips Authored by Jesse Coghlan via CoinTelegraph.com, Elon Musk’s brain-chip company, Neuralink, is recruiting participants worldwide to trial its device, which enables users to control a computer using only their thoughts. Neuralink is looking for people with quadriplegia — those who are not able to use their arms or legs — to sign up for a clinical trial, it […]

  • The Rio Reset: Inside The BRICS Scheme To Hotwire The Global Economy
    by Tyler Durden on April 3, 2025 at 4:20 pm

    The Rio Reset: Inside The BRICS Scheme To Hotwire The Global Economy Authored by Peter Reagan via Birch Gold Group, BRICS+ leaders are meeting in Rio de Janiero this summer. Their dedollarization drive has made huge progress over the last two years. Here’s what they’ve accomplished so far – and why the Rio Reset will stun the world… The warning signs were there (but most people missed them) In August 2023, all eyes were […]

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  • Far-Left Maryland Lawmakers Pass Reparations Bill While Financial Crisis Looms
    by Tyler Durden on April 3, 2025 at 4:00 pm

    Far-Left Maryland Lawmakers Pass Reparations Bill While Financial Crisis Looms Far-left Maryland lawmakers, sitting high in their Annapolis castle, are completely detached from reality. They masquerade as public servants but are merely progressive activists who cannot govern properly. Instead of addressing the state’s incoming financial crisis and worsening power crisis, these woke lawmakers have focused on condoms for kids and […]

  • Senate Votes To Block Trump Tariffs On Canada After Four Republicans Cross The Aisle
    by Tyler Durden on April 3, 2025 at 3:35 pm

    Senate Votes To Block Trump Tariffs On Canada After Four Republicans Cross The Aisle The Senate has passed a largely performative rebuke of President Donald Trump’s ability to impose tariffs on Canada, after four Republicans crossed the aisle for a 51-48 vote. Sen. Tim Kaine (D-Va.) (C) speaks alongside Senate Minority Leader Charles Schumer (D-N.Y.) (R) and Sen. Peter Welch (D-Vt.) at a press conference at the U.S. Capitol in […]

  • Assad Or Jolani: The Syria Debate
    by Tyler Durden on April 3, 2025 at 3:27 pm

    Assad Or Jolani: The Syria Debate Now that the neocons/libs and Israel had their way with Syria, former dictator Bashar Al Assad has been replaced with… Al Qaeda. So what now? Visit the ZeroHedge homepage tonight at 7pm ET for our live Syria Debate with Pulitzer winner and Daily Beast reporter Roy Gutman who will face off against Antiwar.com editorial director Scott Horton. The debate will be moderated by David “Viva Frei” […]

  • Watch: Sen. John Kennedy Destroys Nationwide Injunctions
    by Tyler Durden on April 3, 2025 at 3:25 pm

    Watch: Sen. John Kennedy Destroys Nationwide Injunctions Authored by Matt Margolis via PJMedia.com, By now, you know that I’m a big fan of Sen. John Kennedy (R-La.) and his unmatched ability to dismantle weak arguments with his signature Southern wit. On Monday, during a Senate Judiciary Committee hearing, he was at the top of his game, systematically exposing the complete lack of legal authority for district judges to issue […]

  • ‘Luigi Mangione’ Copycat Kills Pharmacy Worker In California
    by Tyler Durden on April 3, 2025 at 2:45 pm

    ‘Luigi Mangione’ Copycat Kills Pharmacy Worker In California Authored by Luis Cornelio via Headline USA, A copycat of alleged insurance executive assassin Luigi Mangione apparently harbored so much hatred toward large pharmacies that he targeted a Walgreens in California and fatally shot a vulnerable employee, police said.  The accused perpetrator, Narciso Gallardo Fernandez, shot and killed Erick Valasquez inside a Walgreens […]

  • Here Are The Three Goals That Trump Wants To Achieve Through His Global Trade War
    by Tyler Durden on April 3, 2025 at 2:15 pm

    Here Are The Three Goals That Trump Wants To Achieve Through His Global Trade War Authored by Andrew Korybko via substack, He hopes to strengthen the US’ supply chain sovereignty, renegotiate its ties with all countries with a view towards getting them to distance themselves from China, and shape the emerging world order. Trump’s decision to tariff the entire world to varying extents as revenge for their tariffs against […]

  • ISM Services Slumps To 9-Month Lows; Employment Plunges
    by Tyler Durden on April 3, 2025 at 2:06 pm

    ISM Services Slumps To 9-Month Lows; Employment Plunges Following the significant decline in US Manufacturing ‘soft’ survey data (while hard data keeps rising with manufacturing jobs jumping most in years according to ADP), expectations for this morning’s Services Sector PMIs are mixed. S&P Global’s US Services PMI jumped from 15 month lows at 51.0 to 54.4 in March ISM Services PMI tumbled from 53.5 to 50.8 – its lowest […]

  • VW Among Several European Automakers To Halt Vehicle Shipments, Raise Prices, In Response To Tariffs
    by Tyler Durden on April 3, 2025 at 1:50 pm

    VW Among Several European Automakers To Halt Vehicle Shipments, Raise Prices, In Response To Tariffs Here come the price hikes… European automakers are hiking prices and shifting production to the U.S. in response to Trump’s auto tariffs. Volkswagen will add import fees to vehicle prices, while Volvo and Mercedes-Benz are considering expanding U.S. manufacturing to avoid the 25% duties, according to Bloomberg. German brands […]

  • ‘DOGE Impact’: Federal Govt Layoffs Dominate Biggest March Job Losses In 36 Years
    by Tyler Durden on April 3, 2025 at 1:36 pm

    ‘DOGE Impact’: Federal Govt Layoffs Dominate Biggest March Job Losses In 36 Years Over the last two months, DOGE actions have been attributed to 280,253 layoff plans of federal workers and contractors impacting 27 agencies, according to Challenger tracking.  Another 4,429 job cuts have come from the downstream effect of cutting federal aid or ending contracts, impacting mostly Non-Profits and Health organizations. The Government […]

  • “This Could Blow Up Apple” iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s
    by Tyler Durden on April 3, 2025 at 1:35 pm

    “This Could Blow Up Apple” iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s Apple shares are plunging almost 10% in premarket trading, as the iPhone maker is viewed as especially exposed to the Trump administration’s tariff announcements. As Bloomberg economists write in an overnight report (available to pro subs), “the US reciprocal 34% tariff on China and other nations where Apple has manufacturing will likely […]

  • “Immense Consequences” – EU Warns Of Countermeasures As World Leaders Respond To US Tariffs
    by Tyler Durden on April 3, 2025 at 1:25 pm

    “Immense Consequences” – EU Warns Of Countermeasures As World Leaders Respond To US Tariffs The European Union will unveil countermeasures to U.S. President Donald Trump’s latest tariffs if negotiations with the White House stall, European Commission President Ursula von der Leyen said on April 2, as leaders around the world responded to the new levies. Trump on Wednesday unveiled a 10 percent minimum reciprocal tariff on most […]

  • Maine Gets Final Warning on Males in Female Sports
    by Tyler Durden on April 3, 2025 at 1:05 pm

    Maine Gets Final Warning on Males in Female Sports Authored by Naveen Athrappully via The Epoch Times, The U.S. Department of Education issued a final warning to the state of Maine, telling it to agree to protect female sports or suffer cuts in federal funding. The seal of the U.S. Department of Education in Washington on July 16, 2019. Samira Bouaou/The Epoch Times On March 19, the federal department’s Office for Civil Rights […]

  • Reign Of Tariffs Begins: Futures Crash, Dollar Craters
    by Tyler Durden on April 3, 2025 at 12:21 pm

    Reign Of Tariffs Begins: Futures Crash, Dollar Craters Well, Trump’s “liberation day” is here… and it has liberated countless traders of their net worth and risk assets: the market’s reaction to Trump’s newly-instituted “much worse than expected” reign of tariffs is nothing short of a bloodbath, with a global selloff hitting stock markets everywhere but especially in the US where conventional wisdom, at least early on, is that the […]

  • Zero Dimensional Chess
    by Tyler Durden on April 3, 2025 at 12:05 pm

    Zero Dimensional Chess Authored by Peter Tchir via Academy Securities, This administration had delivered on the border as the voters wanted. I wanted to start with something positive. Today, I’m sure we will hear some hot takes about how the administration is playing 5D chess which everyone who doesn’t think tariff approach will work, is simply to simple to see. I think they have just exposed themselves as playing zero […]

  • Nashville Police Claim Transgender Christian School Shooter Never Had ‘Manifesto’
    by Tyler Durden on April 3, 2025 at 11:45 am

    Nashville Police Claim Transgender Christian School Shooter Never Had ‘Manifesto’ Authored by Ken Silva via Headline USA, The transgender shooter behind the 2023 Nashville elementary school attack that killed six people, including three children, had been planning it for years while struggling with mental health issues, according to a police report released Wednesday. The nearly 50-page investigative case summary by Metro […]

  • Beijing Slams Trump’s “Unilateral Bullying” Tariffs, Signals Retaliatory Action
    by Tyler Durden on April 3, 2025 at 11:20 am

    Beijing Slams Trump’s “Unilateral Bullying” Tariffs, Signals Retaliatory Action President Trump’s late afternoon announcement on Wednesday—”Liberation Day”—unveiled a far more aggressive tariff policy than top Wall Street analysts had anticipated, prompting panic dumping in global equities and futures markets overnight. Of particular concern is Trump’s stance toward China. The total effective tariff rate on Chinese imports […]

  • In Warning To Turkey, Israel Strikes Several Bases Across Syria
    by Tyler Durden on April 3, 2025 at 10:55 am

    In Warning To Turkey, Israel Strikes Several Bases Across Syria Israel on Tuesday carried out several major airstrikes on Syria, including targeting the capital of Damascus, according to state agency SANA. “An Israeli occupation airstrike targeted the vicinity of the building of the scientific research center in the Barzeh residential district of Damascus,” the outlet said. This area has been hit several times in recent years, as […]

  • Maxine Waters Alleges Trump Wants To Replace US Dollar With His Stablecoin
    by Tyler Durden on April 3, 2025 at 10:30 am

    Maxine Waters Alleges Trump Wants To Replace US Dollar With His Stablecoin Authored by Turner Wright via CoinTelegraph.com, California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed […]

  • Unearthed FBI Chat Logs Reveal ‘Gag Order’ On Biden Laptop Exposé
    by Tyler Durden on April 3, 2025 at 9:44 am

    Unearthed FBI Chat Logs Reveal ‘Gag Order’ On Biden Laptop Exposé Authored by Luis Cornelio via Headline USA, Internal FBI chat logs revealed that the bureau imposed a “gag order” on agents regarding the New York Post bombshell story on the Hunter Biden laptop. Along with showing Hunter’s depravity, the laptop revealed Joe Biden’s involvement in his son’s foreign business dealings.  The chat logs, published […]

  • European Officials Now Worry About Reliance Of Dollar Funding By The Fed
    by Tyler Durden on April 3, 2025 at 9:00 am

    European Officials Now Worry About Reliance Of Dollar Funding By The Fed Authored by Mike Shedlock via MishTalk.com, Can the EU rely on dollar funding by the Fed with Trump in play? Dollar Funding Under Trump Reuters reports Some European officials weigh if they can rely on Fed for dollars under Trump Some European central banking and supervisory officials are questioning whether they can still rely on the U.S. Federal […]

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