🔥 Arthur Hayes: "Trump's tariffs will blow up Bitcoin"
Welcome to the Daily Tribune of Saturday, April 5, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Saturday, April 5, 2025, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Cloudy ☁️
24h crypto recap! ⏱
Bitcoin and gold will explode thanks to Trump's tariffs, according to Arthur Hayes
Arthur Hayes predicts a BTC at $250,000 in 2025. He considers Trump's tariffs and quantitative easing as major catalysts.
Coinbase files a request to launch XRP futures with the CFTC
Coinbase plans to launch cash-settled XRP futures on April 21. Each contract will represent 10,000 tokens under CFTC regulation.
DeFi in decline, AI on the rise: The numbers from the first quarter of 2025
DeFi's TVL drops by 27% in Q1 2025. Meanwhile, AI apps see a 29% increase in active users.
Ethereum Pectra arrives on May 7 with major innovations
Pectra introduces 11 EIPs including a staking threshold of 2,048 ETH and smart wallets. This update targets institutions and aims to reduce fees.
Crypto of the day: Toncoin (TON)
Toncoin is the native token of The Open Network (TON), a layer 1 blockchain designed to provide fast, secure, and scalable transactions. Initially developed by Telegram, TON aims to facilitate mass adoption of blockchain by offering a flexible and high-performance architecture, suitable for a variety of decentralized applications (dApps) and services. Thanks to its consensus mechanism based on Proof-of-Stake, TON ensures efficient validation of transactions while maintaining a high level of security.
The TON token primarily serves to cover transaction fees on the network, participate in staking to secure the blockchain, and take part in protocol governance. TON holders can delegate their tokens to validators to earn rewards, thus contributing to the stability and security of the network.
Recent performance:
Current price: $3.31 USD
24-hour change: -7.57%
Market capitalization: approximately $8.18 billion
Rank on CoinMarketCap: #13
Bitcoin to $88,500 this weekend? Standard Chartered firmly believes it
According to British bank Standard Chartered, Bitcoin could reach $88,500 by this weekend. To justify this anticipation, the bank does not rely solely on technical analysis: it offers a complete reinterpretation of Bitcoin's role in the global economy, emphasizing its growing proximity to major tech values and its potential as a strategic geopolitical asset.
Bitcoin: A trajectory mirroring tech giants
According to Geoff Kendrick, global head of crypto research at Standard Chartered, the expected progression of Bitcoin would be explained by a strengthened correlation with tech stocks, particularly Microsoft, which has already been identified as a market driver. BTC behaves increasingly like a leading tech stock, despite macroeconomic tensions and financial market nervousness.
This projection also rests on Bitcoin's resilience in the face of recent economic shocks and the anticipation of a positive reaction from the crypto market to the release of U.S. employment figures. A key data point that, if it exceeds expectations, could paradoxically favor BTC by strengthening its image as a credible alternative to traditional finance.
An asset in transition: between technology and geopolitical hedging
More than just a speculative asset or "digital gold," Standard Chartered now sees Bitcoin as a monetary neutrality instrument, useful in times of global geopolitical fragmentation. Its lack of sovereign alignment, algorithmic transparency, and decentralization make it a strategic refuge for economies seeking to break free from dollar hegemony.
In this light, BTC could play an increasing role in alternative asset reserves, particularly for countries or institutions that wish to limit their dependence on Western financial institutions.
