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Trump administration considers up to 20% global tariffs Advisers to the Trump administration are contemplating a worldwide import tax of up to 20% on goods from almost all nations, according to Fortune, citing a report from the Wall Street Journal. Adopting retaliatory tariffs

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📆 Crypto Weekly News 📆 🆕 MARKET MOVEMENTS: 🤑 Bitcoin (BTC): Currently priced at $82,639.00, reflecting a slight increase of 0.27% from the previous close. 🤑 Ethereum (ETH): Standing at $1,814.96, with a marginal decrease of 0.19%. 🤑 Dogecoin (DOGE): Currently priced at $0.169111, with an intraday high of $0.17222 and a low of $0.166619. 🆕 REGULATORY UPDATES: 🇺🇸 FDIC Policy Reversal: The Federal Deposit Insurance Corporation (FDIC) now allows banks to engage in crypto activities without prior approval, easing integration into mainstream finance. 🔘 🆕 CORPORATE NEWS: 🤑 A Successful Month for TON: Pavel Durov announced investments in TON from top Silicon Valley funds, including Sequoia, Benchmark, and Draper. 🔘 🆕 POLITICAL DEVELOPMENTS: 🇺🇸 Presidential Pardons: Trump pardoned BitMEX co-founders and an ex-employee after guilty pleas to Bank Secrecy Act violations. 🔘 🇺🇸 Stablecoin Initiative: Trump's World Liberty Financial plans to launch USD1, a stablecoin backed by U.S. treasuries and cash for cross-border transactions. 🔘 🆕 SECURITY CONSERNS: 💵 Targeting of Crypto Holders: Attacks on crypto millionaires are rising influencer Amouranth faced a home invasion demanding crypto access, stressing security needs. 🔘 👎 High-Profile Scam: Stuntman Felix Leech lost £50,000 in a crypto scam after joining a fake trading group, highlighting the need for caution. 🔘 $XRP $BTC $PI

Crypto prices extended losses Sunday evening, trading lower alongside U.S. stock futures as investors reacted to escalating trade tensions and renewed inflation concerns ahead of a busy week for financial markets. Bitcoin has slipped to $82,100 while Ethereum has dipped to about $1,790. XRP, meanwhile, has fallen to $2.13, according to CoinGecko data. The drop follows weeks of volatility in equities, with major tech stocks retreating sharply and broader sentiment weakening. Futures tied to the S&P 500 and Nasdaq-100 dropped roughly 0.7% to 0.8%, while Dow futures lost 0.55% in early trading. The declines come ahead of the April 2 rollout of reciprocal tariffs announced by President Donald Trump, which Barclays says could affect as many as 25 countries. Sectors likely to be most affected include automobiles, pharmaceuticals, and semiconductors. The tariff package is part of a broader effort by the Trump administration to generate $600 billion in annual revenue through a new collection mechanism referred to as the “External Revenue Service.” Auto-related tariffs alone are expected to impact more than $275 billion in imports annually. As a result, U.S. consumer sentiment has deteriorated sharply. The Kobeissi Letter, a financial publication, reported Sunday that sentiment has fallen by roughly 20 points in the past month to a reading of 57, the lowest level recorded outside of a formal recession. “An economic slowdown has clearly begun,” the report said. Analysts expect inflation pressures to accelerate across most sectors of the U.S. economy. Data from the prior Trump-era trade conflict showed a 4% rise in PCE prices among tariff-affected categories, while prices in non-affected sectors declined 2%, according to The Kobeissi Letter. The pullback in crypto reflects broader caution among investors, particularly as large institutional capital continues to rotate out of risk-heavy positions. Meanwhile, the so-called “Magnificent 7” stocks have lost more than $3 trillion in market capitalization in recent weeks. Retail participation remains active, but volatility has increased across both traditional and digital markets. While some investors view Bitcoin as a potential inflation hedge, short-term correlations with equities suggest crypto remains tied to broader macroeconomic sentiment.

Some commentators on X called it “sad.” Others used expletives. Either way, a video of Ethereum co-founder Vitalik Buterin went viral and not in a good way. The crypto community on X.com, rarely known for decorum, blasted Buterin for kneeling before a robot and emitting what sounds like a “meow” sound. To some, the video underscored why one needs to be “bullish” about Ethereum’s present and future. To others, it was worthy of a Studio Ghibli-style photo edit. Most people kept scrolling. See below. In the brief clip, Buterin pats the robot on the head after making the unusual sound. While he has yet to comment on the video, the moment has ignited chatter, particularly given Ether’s recent price struggles. As of publication, Ether has dropped nearly 55% since reclaiming the $4,000 mark in December 2024, now trading at $1,833 — down over 8% in the past week. Some crypto figures have expressed concern, with commentator “The Count of Monte Crypto” humorously noting that the state of Ether’s price was more worrying than Buterin’s quirky behavior. And when Buterin tried posting about “how to fund public goods,” he was trolled by the crypto community with statements like: “NO ONE F–KING CARE[S]” and “YOU ARE THE ONLY FOUNDER THAT IS DOING 0 APART FROM DUMPING YOUR AIRDROPS! WAKE UP VITALIK.” It’s noteworthy that Buterin has long been known for being quirky and, according to a recent Bloomberg feature, “monkish.” But his behavior occasionally invites scrutiny. Iggy Azalea, for example, dissed Buterin for singing at TOKEN2049 in Singapore, calling it “loser s—.” Buterin is also not clear-cut in his political affiliation, which is somewhat refreshing for today’s polarized crypto traders. He has spoken openly against former SEC chair Gary Gensler as well as the dangers of “large-scale political coins” — seemingly a critique at Trump. Indeed, many crypto leaders have embraced Trump’s pro-crypto stance, but Buterin has distanced himself, rejecting what he called the “bronze-aged mindset” favored by some in the crypto community. With Ether facing uncertain prospects and Buterin’s actions fueling speculation, it remains unclear whether his personal brand of decentralization or his refusal to align with Trump’s crypto-friendly policies will shape Ethereum’s path forward.