Plus: What does Coinbase see in XRP?
GM. Vitamin C(oin) levels dangerously low? Ay, we gotchu – here’s your daily dose of crypto updates.
🚀 Coinbase plans to list XRP futures.
🍋 News drops: guy spies on his employer for crypto, college students get ChatGPT Plus for free + more
🍍 Market flavor today
Crypto Market Cap: $2.68T 1.15% (24H)
Name
Price
24H
7D
Bitcoin BTC
$82,700.11
1.11%
-1.85%
Ethereum ETH
$1,791.56
1.42%
-5.03%
XRP XRP
$2.11
6.56%
-3.92%
BNB BNB
$593.20
2.17%
-5.17%
The market’s still tryna digest the tariff bomb Trump dropped yesterday – fear’s still running the show, and Bitcoin’s trading around $82K.
But while everyone’s freaking out, BitMEX co-founder Arthur Hayes is out here saying that he LOVES tariffs.
Here’s his logic (and why it kinda makes sense):
1/ Money printer go BRRR
Tariffs mess with the flow of global trade, which can hurt economies.
Now, to cover the damage, governments usually respond by printing more money.
If the US does that, it’ll be bad for the dollar… but great for Bitcoin.
Weaker dollar = more people looking at Bitcoin as a better store of value = price goes up.
2/ Foreign money leaving
Hayes pointed out that foreign investors are starting to sell US tech stocks and bring their money back to their own countries.
That puts even more pressure on the dollar.
And once again: weaker dollar = time for Bitcoin to shine 😎
3/ Falling yields
Right after the tariff news dropped, the 2-year Treasury yield dropped.
Treasury yields basically show how confident investors are in the US economy.
Lower yields = investors expect the Fed to start cutting interest rates or even fire up the ol’ money printer (aka Quantitative Easing or QE).
And when that happens? You guessed it: Bitcoin usually pops off.
So, Hayes’ advice – stay calm, be adaptable, and keep some liquid funds ready, because chaos = opportunity in crypto.
And Hayes isn’t the only one telling everyone to relax – investor Lark Davis also says the panic is overblown.
Six months ago, when Bitcoin was sitting at $65K, sentiment was neutral.
Now, it’s $80K+, and people are acting like the sky is falling.
What changed? Not much – just recency bias, which is our brain focusing on what happened recently and forgetting the bigger picture.
Which is:
Institutions are bullish on BTC;
Regulatory clarity is advancing more than ever before;
Bitcoin’s becoming a macro asset.
In short: take a deep breath, touch some grass, zoom out, and be patient 🧘
🚨 Final call
The dYdX stage in BitDegree’s $30K airdrop ends after this weekend – and so does your shot at an extra $1,000 USDC.
Sure, the main $30K airdrop isn’t wrapping up yet… but why miss out on even more?
So, go earn Bits by inviting your friends, doing micro tasks, and completing Missions → climb the leaderboard → grab that bonus before it’s gone!
Make this weekend count 🫵🔥
🥝 Memecoin harvest
Did someone give these memecoins a can of Monster Energy? They’re tweakin’:
Data as of 06:50 AM EST.
Check out these memecoins and plenty more here.
Coinbase asked the CFTC’s permission to launch XRP futures contracts on April 21 – and it’s a big deal.
Quick detour for those who haven’t touched the “derivatives” tab on an exchange:
A futures contract is basically an agreement to buy or sell a crypto at a set price on a specific date in the future. You’re not buying the asset itself – you’re just betting on whether its price will go up or down on that date.
If you’re right, you make money. If you’re wrong, well… better luck next time.
Now, before you go, “Uhh… didn’t someone else already launch XRP futures?” – yes, Bitnomial beat them to it back in March.
But here’s the difference: this is Coinbase we’re talking about.
Coinbase is the largest crypto exchange in the US – and one of the biggest in the world. So when they decide to launch something like XRP futures, it gets attention.
From traders. From institutions. From regulators. From someone’s grandma (if she’s cool like that).
Especially when they’re doing it with XRP – a coin that just recently escaped a years-long legal battle with the SEC.
Coinbase offering futures on it now suggests they believe XRP’s past the point of legal risk, which is a major legitimacy boost.
Plus, futures are typically reserved for assets that are seen as established, active, and important – this means Coinbase sees XRP worthy of that level of attention.
Now, how might this affect the XRP market?
A wider range of traders – including hedge funds and institutions – might start trading it = more integration into mainstream trading strategies;
Trading volume will likely increase = improved liquidity = even more attention to XRP;
Price movement is likely to get more intense, since these types of markets invite faster, riskier trades.
So, in short: possibly more attention, more traders, and more action.
But whether that actually turns into anything bigger – we’ll see.
Now you’re in the know. But think about your friends – they probably have no idea. I wonder who could fix that… 😃🫵
Spread the word and be the hero you know you are!
🍋 News drops
🇰🇬 Binance’s ex-CEO CZ has a new side quest: helping Kyrgyzstan with crypto. The country’s president said that their National Investment Agency signed a deal with CZ to get his advice, tech support, and help attracting businesses to Kyrgyzstan.
🕵️♂️ An Irish guy confessed to getting paid $5K a month in Ethereum to secretly spy on the company Rippling. He was doing it for their rival, Deel.
🤖 College students in the US and Canada are getting a sweet deal – OpenAI’s ChatGPT Plus is gonna be free for some time.
👍 Paul Atkins got approved by the Senate Banking Committee to lead the SEC. Now it’s up to the full Senate to vote, and most people think he’s got it in the bag.
🎮 Fortnite added a new spot on the map called the “Dill Bits” server mine – and it looks like a crypto mining setup.
