⚔️ Major cleanup at Binance: 14 cryptos removed!
Welcome to the Daily Tribune of Thursday, April 10, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Thursday, April 10, 2025, and like every day from Tuesday to Saturday, we summarize the news of the last 24 hours that you should not have missed!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
🪪 Kraken and Mastercard launch a crypto card in Europe
Kraken, together with Mastercard, launches a crypto card for residents of the EU and the UK, allowing them to spend their digital assets directly.
📉 Hemorrhage among crypto devs: -40% in one year
The number of active developers in the crypto ecosystem has dropped by 40% over the past twelve months.
💸 The Melania team offloads $30M in tokens in the shadows
Wallets linked to the memecoin MELANIA team have sold $30 million worth of tokens without official communication.
🚫 Binance purges 14 cryptos from its platform
Binance removes 14 cryptocurrencies from its platform following an internal review.
Crypto of the day: Injective (INJ)
Injective is a layer 1 blockchain optimized for decentralized financial (DeFi) applications. Built using the Cosmos SDK, it offers interoperability with other blockchains via the Inter-Blockchain Communication (IBC) protocol. Injective stands out for its pre-built modules, including a decentralized order book, enabling developers to create complex financial applications with enhanced efficiency. Additionally, it integrates features such as the execution of smart contracts compatible with CosmWasm and decentralized bridges facilitating asset transfers between different chains.
The native token of Injective, INJ, serves several essential functions within the ecosystem. INJ holders have the right to participate in decisions regarding the evolution of the protocol, including voting on improvement proposals. INJ can be staked to secure the network, allowing participants to receive rewards in return. It can also be used to pay fees associated with transactions and services on the platform.
Recent performances:
Current price: $7.84 USD
24-hour change: +10.73%
Market capitalization: approximately $782 million
Rank on CoinMarketCap: #69
Bitcoin under geopolitical tension: Between technical rebound and bullish perspectives
This week has been marked by a series of macroeconomic events that directly impacted global financial markets — including cryptocurrencies. As investors searched for signs of stability in an uncertain environment, an unexpected announcement from U.S. President Donald Trump injected a fresh dose of optimism. Bitcoin, in particular, responded with a sharp price increase, crossing a key technical threshold. But the question remains: is this merely a short-term bounce or the start of a renewed bullish trend?
Tariff Suspension: An Unexpected Macroeconomic Catalyst
On April 9th, President Trump announced a 90-day suspension of import tariffs, in a move aimed at easing trade tensions with China. The announcement triggered an immediate rally across traditional markets — and quickly extended into the digital asset space. Bitcoin surged past $82,000, gaining 8.25% within hours. This reaction highlights how sensitive crypto markets remain to broader macroeconomic shifts and international political developments.
Technical Setup: Bounce or Breakout?
Despite the impressive upward movement, analysts remain divided. According to FXStreet, Bitcoin now trades within a key technical zone. While the current setup suggests a potential breakout to the upside, there’s also the risk of a “dead cat bounce” — a short-lived rally before a reversal. The coming days will be crucial: sustaining levels above $82,000 with strong volume could confirm a bullish shift. Conversely, a pullback below $80,000 would raise doubts about the longevity of this rally.
Conclusion: Structural Revaluation or Temporary Relief?
With trade tensions temporarily easing, crypto investors are cautiously optimistic. While market signals are encouraging, they do not yet guarantee a sustainable uptrend. In a context still shaped by geopolitical instability and regulatory uncertainty, vigilance remains essential. Bitcoin may be on the verge of a new growth cycle — but it must first prove its strength both technically and fundamentally.
