Crypto Pulse of the Day: Trump Auto Tariffs & Global Crypto Updates
President Donald Trump signed an order removing aluminum and steel tariffs on imported vehicles and offering manufacturers rebates of up to 3.75% of a vehicle’s cost to support domestic production .
Top 10 Crypto Projects by Developer Activity
Santiment reports that over the last month, the ten most active projects in terms of development were RLC, ICP, LINK, STRK, ADA, OP, DEEP, SUI, ETH, and ZK .
Futures Market Lacks Bullish Drive
Over the past three days, the Bitcoin futures market has shown no bullish bias, with holders taking profits at realized price levels, which is capping upside momentum .
Senate to Vote on Stablecoin Bill
The US Senate plans to vote on a comprehensive stablecoin regulation bill by the end of May, aiming to establish clear federal oversight and consumer protections.
Ledger Phishing Campaign
Scammers are sending fake letters to Ledger users, demanding their private seed phrase under the guise of urgent security updates, in an effort to steal crypto assets .
Texas Court Rules Against Tornado Cash Sanctions
A Texas court found US Treasury Department sanctions against Tornado Cash unlawful, barring OFAC from reapplying them. OFAC had delisted the mixer in March .
El Salvador Continues Buying Bitcoin
El Salvador’s Economy Minister confirmed the country is still purchasing Bitcoin despite conditions in its $1.4 billion IMF loan agreement, underscoring the government’s commitment to the crypto project .
BlackRock Plans Tokenized Fund
BlackRock filed with regulators to offer tokenized shares of its $150 billion Treasury Trust Fund via BNY Mellon, marking a major step into digital asset tokenization .
Whales Sell BTC and ETH
Miners sold 943 BTC ($850 million) as prices rose, while large holders offloaded 262 000 ETH ($445 million) .
Consumer Confidence Hits 2011 Low
US consumer confidence expectations dropped to the lowest level since October 2011, signaling broader economic unease .
Scroll Becomes First zk-Rollup Stage 1
Scroll co-founder reported their zk-Rollup reached Stage 1, eliminating arbitrary upgrades, censorship, and systemic failure risks, boosting Layer 2 security and decentralization .
Truth Social Considers Utility Token
Trump Media is exploring a utility token and a proprietary wallet for subscriptions and services on Truth Social, and plans an ETF combining stocks and crypto assets .
Bitget and Avalanche Support Web3 India
Bitget and Avalanche will allocate $10 million to fund grants, scholarships, hackathons, and workshops for India’s Web3 community.
Bunq Launches Crypto Trading with Kraken
European neobank Bunq launched crypto trading via Kraken in six EU countries, with plans to expand across the EEA, UK, and US .
Fidelity: Ethereum Undervalued
Fidelity notes Ethereum active addresses rose to 13.6 million (+74% in a week) and key metrics (MVRV Z-Score, NUPL) suggest a market bottom. The average purchase price of $2 020 exceeds current levels, while short-term holders sell and long-term holders hold .
SEC Closes PYUSD Probe
The US Securities and Exchange Commission closed its investigation into PayPal’s PYUSD stablecoin without sanctions, concluding no violations occurred .
Tether Issues 2 Billion USDT
On-chain analytics platform Whale Alert reports Tether minted 2 billion USDT on Ethereum in a single transaction .
ProShares Reschedules XRP Futures ETF
ProShares delayed the launch of its XRP futures ETF to May 14, according to industry sources .
Stay tuned to Crypto Pulse of the Day for your essential briefing on the latest developments in digital assets!
* The information provided is not an individual investment recommendation
News
Institutional “Rails,” Flight to Quality and On-Chain Gold: Crypto Daily Brief
In brief: Markets remain in risk-off mode amid geopolitical tensions and oil volatility. After a weak February, Bitcoin is searching for a bottom. Institutions are debating the infrastructure required for mass crypto adoption, while demand for tokenized gold is accelerating. In altcoins, catalysts include a Polygon hardfork, a HYPE unlock, and a rally in VVV.
Argentine Court Asked to Arrest President Milei’s Allies in the LIBRA Case
The controversy surrounding the LIBRA cryptocurrency project is intensifying in Argentina. The plaintiff in the case — crypto expert Martín Romeo — has formally requested the arrest of two advisers to President Javier Milei, alleging their involvement in the token’s launch and related financial misconduct.
Ethereum Holds the $4,500 Level: Can ETH Continue Its Rally?
Ethereum has shown resilience amid market volatility. The price of ETH is consolidating just below the critical $4,500 level, which acts as a strong barrier against bearish pressure. Investor accumulation and positive technical signals suggest a potential continuation of the uptrend.
How U.S. Inflation Shapes the Crypto Market
A significant decline in U.S. inflation reshapes monetary policy expectations and directly impacts crypto market dynamics. Ahead of the upcoming CPI report, Sean Yang, lead analyst at MEXC Research, shared insights on how inflation data drives crypto and what scenarios traders should prepare for.
Which Altcoins Are Whales Accumulating in September to Maximize Profits?
Large investors (whales) continue to shape crypto market dynamics. In September, their activity has concentrated around several tokens, sparking expectations of potential short-term rallies. Let’s break down which altcoins whales are buying and the key price levels to watch.
Investors Lower Bitcoin Forecast: Expectations of a Deeper Correction
September has historically been a challenging month for Bitcoin, and current market sentiment reflects that. Leading traders and analysts have downgraded their BTC outlook, expecting a sharper decline than previously anticipated. Let’s look at the arguments from the crypto community and the factors adding pressure to the world’s largest cryptocurrency.