Sunil Kumar

@sunil12349

295 Following

35 Followers

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Bitcoin has plunged to its lowest levels—nearly erasing all its post-election gains—as escalating trade tensions fuel global market panic. The Bitcoin price fell as low as $74,500 during early Asia hours Monday, marking a 6.5% fall in the past 24 hours and more than 5.8% over the week, CoinGecko data shows. As of now, Bitcoin has clawed back slightly to hover near $77,179, but analysts warn that deeper losses may lie ahead. The downturn follows a turbulent weekend triggered by President Donald Trump’s sweeping new tariff announcement, which will take effect on April 9.

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The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration. The regulator, which now has a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and others have called “regulation by enforcement” to less hostile engagements with crypto. Thus far, those words have rung true with the SEC recently backing away from fights with multiple top crypto companies. Here are the SEC's biggest pivots, reversals, and exits so far under Trump.

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Today marks what crypto enthusiasts celebrate as Satoshi Nakamoto's 50th birthday, according to the birth date the mysterious Bitcoin creator registered on his profile for the P2P Foundation—a nonprofit organization dedicated to researching and advocating for the adoption of P2P solutions. Based on his profile, Satoshi was born on April 5, 1975. That is, of course, as unverified as most of the lore surrounding the Satoshi saga—and the date carries symbolic weight that crypto historians find too perfect to be coincidental. On April 5, 1933—a day that will live in infamy among monetary freedom advocates–U.S. President Franklin Roosevelt signed Executive Order 6102, which required all Americans to turn in their gold coins, bullion, and certificates to the Federal Reserve.

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A $400 million crypto payday tied to the Trump family is now the focus of an escalating political firestorm, one that lawmakers say could compromise the integrity of U.S. financial regulation. Maxine Waters (D-CA) sent a joint letter to SEC Acting Chair Mark Uyeda demanding “all records and communications regarding World Liberty Financial, Inc.,” the crypto firm founded by Trump associates and heavily promoted by President Donald Trump’s family. In a scathing four-page letter, the top lawmakers on the Senate Banking and House Financial Services Committees said the family’s deep financial involvement with the firm “represents an unprecedented conflict of interest with the potential to influence the Trump Administration’s oversight—or lack thereof—of the cryptocurrency industry.” The letter urges the SEC to preserve and provide records dating back to October 15, 2024, when WLFI began selling its $WLFI token through an exempt securities offering that has already brought in $550 million

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Don't sell this house too for another dipping.. 😆😆

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Good Morning Beautiful People 💕

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Wow so many people are getting farcaster rewards.. maybe due to many followers and all.

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Who is farming Monad testnet. I think people have much more expectation from this..

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Eid Mubarak to all Muslim friends.

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Seems Market will touch 75k again..

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🕹️ Come play games in the Farcade!

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https://xenea.app/register/15taKSeljk

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Good Morning Beautiful People 💗

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Social media has been taken over by AI-generated images in the style of popular Studio Ghibli movies, created using ChatGPT’s latest update. The “Ghiblification,” as it’s been coined, has caused a Solana meme coin inspired by the anime studio to skyrocket to a $28.3 million market cap. Studio Ghibli co-founder Hayao Miyazaki is a well-known AI detractor, having said in a 2016 documentary that the technology is an “insult to life.” But that didn't stop the meme coin from pumping, with Ghiblification (GHIBLI) skyrocketing to a $28.3 million market cap in less than a day. GHIBLI has since fallen to about $18 million. That’s not the only meme coin jumping on the AI trend. Binance Smart Chain token GhibliCZ (GHIBLI), which is inspired by the "Ghiblified" version of Binance co-founder Changpeng Zhao, spiked to a $14.6 million market cap following a related post by the official Binance X account. It's now down to $4.3 million.

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Tomorrow will be the day of Walrus Hope it'll be huge.

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Nillion is going to launch on 24th. What's your price predictions..

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As President Donald Trump continues to test the limits of executive authority by reshaping all manner of U.S. government agencies, one such battle appears poised to rope in the cryptocurrency industry: a brewing war against the Federal Reserve and its publicly stated mission to remain independent. Since the early 1950s, the Fed has enjoyed final say on key decisions related to the American banking system and U.S. monetary policy. Now the Trump administration and its Republican allies in Congress appear intent on taking over some of that decision-making—first and foremost via numerous crypto-related policy initiatives. As Decrypt reported last week, the White House is planning to soon issue another cryptocurrency-focused executive order that will, among other things, likely direct the Fed to change its policies on withholding coveted master accounts from so-called crypto banks—financial institutions that possess banking licenses but also offer crypto custody services to their clients.

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