Modern businesses are integrating smart contracts in their daily operations to enhance trust and transparency. So, what are smart contracts and why do they matter?
Smart contracts refer to digital agreements powered by blockchain technology. Traditionally, a contract is written on paper or a digital document requiring manual execution by parties such as lawyers and banks. People trust that these centralized parties will stand by the truth at all times and not violate the terms of the contracts.
Blockchains can store immutable data in a decentralized and transparent manner. A contract involves any agreement between two parties that is executed when the conditions are met. For instance, making a bet on a certain event or trading a commodity. They enable the smooth running of activities by web3 users.
The bet or trade agreement is stored as code on the blockchain, data that nobody can change. With a combination of Decentralized Finance (DeFi) and other execution technologies, the terms of the smart contracts are executed automatically when due. Many smart contract platforms are built as Layer 2s on the Ethereum blockchain. However, others like Solana, BNB Chain, and Avalanche are on the rise.
Bitcoin hits $87k, signalling strength and bullish momentum while the U.S dollar struggles to maintain value in the market.
Bitcoin has surged 3.5% to hit $87.4k, with a 90% increase in trading volume in the past 24 hours, at press time, per CoinMarketCap data. The market is witnessing a major shift in global trade currencies, traditionally dominated by the U.S. dollar. Fears of inflationary policies and economic uncertainties following the recent trade tariffs are rising.
Looking at the charts, the market could be losing faith in the U.S. dollar as digital assets gain stability, growth, and market maturity. A side-to-side comparison of the U.S dollar Index and BTC /USD shows that Bitcoin is performing better in the market amid a collapsing U.S dollar.
Source: X
So, why is the US dollar collapsing?
A sharp drop in the U.S. dollar suggests growing concerns regarding inflation, global economic uncertainity, and interest rates. The concept of Bitcoin becoming the “digital gold” and a hedge against such chaos is solidifying. With Bitcoin joining traditional balance sheets, the market is closely watching this shift in market sentiment.
On April 18th, the Official Trump memecoin, TRUMP, jumped nearly 17% following a major token unlock worth $300 million. The unlock added about 40 million tokens, a 20% increase to the circulating supply. TRUMP’s price uptrend has gone against the market expectation of a sharp dip.
Traders expected a price drop after the unlock event. However, the token rose to an intraday high of $8.50 and maintained over 10% gains as of this writing.
Daily releases of about 500,000 TRUMP tokens will continue until mid-July. On July 18, the market will see a larger unlock of 45 million tokens. The ongoing release schedule raises concerns about inflation that could impact prices in the long run.
Despite concerns of increased volatility, technical analysts say a breakout is possible if TRUMP holds past the $8.60 resistance. The memecoin is trading in a narrow range between $8.36 and $8.51. The market could see price fluctuations in the short term following the unlock event.
Ethereum’s monthly Relative Strength Index(RSI) has dropped to its most oversold ever, and whales are accumulating the dip. So, are ETH bulls rallying soon?
Ethereum has seen its price drop significantly as of Q1 2025. Despite other altcoins rallying after the trade war freeze, the king of altcoins saw a price exhaustion in a recovery attempt. As of this writing, ETH is trading at $1583 per CoinMarketCap data.
Looking at Ethereum’s 8-hour chart, the coin has been consolidating inside a descending channel pattern in Q1, 2025.
Source: X
With the price dropping to a 2-year low, ETH’s Relative Strength Index(RSI) has dropped to 40. This suggests that the coin is oversold, leaving the price in trenches. The bulls have stepped in as Ethereum’s momentum and MACD(12,26) flash “buy”.
WHALES HAVE BOUGHT OVER 200,000 $ETH IN THE LAST 3 DAYS. THEY’RE BUYING THE DIP!
With potential whale accumulation in the dip, ETH can break above the $1650 key resistance zone on its descending channel pattern. A confirmed breakout could see ETH rallying to $2800 in the next few weeks.
Fear and greed index data reveal that investors are panicking more in the stock market than in crypto. Are investor perceptions of risk shifting?
Latest data by Alphractal has unveiled a surprising twist in the global assets market. A look into the fear and greed index in both the stock market and the crypto market suggests more anxiety in the stock market than in crypto.
While cryptocurrencies have always witnessed more volatility than stocks over the years, this data has raised eyebrows regarding market sentiment. Traditionally, Crypto is viewed as a riskier market in comparison to stocks. However, the crypto market has proved to be borderless and decentralized enough to survive diverse market storms.
Recent trade war, inflation, and geopolitical tensions have escalated volatility in the stock market, causing widespread fear and anxiety. The stock market index hit 20.94 (Extreme Fear) while the crypto market hit 32 (Fear) in market sentiment.
Source: X
This new trend signals rising confidence in crypto market maturity and stabilization, considering its borderless nature. Increased credibility means more adoption and future growth for the market.
Web 3 promises a decentralized future and is set to grow steadily, hitting USD 6.06B by 2030.
Internet has been on a constant evolution since its birth in the mid-90s. Web 1 was a read-only internet version, where users could only consume information. Web 2, the current version, includes social networks and apps that allow users to read and interact with information.
However, big tech corporations tend to store user data and can use it without the user’s permission. Web 3, the next generation of the internet, lacks centralized databases. Users own their data and can operate with privacy backed by blockchain technology. According to Mordor Intelligence, Web3 is projected to grow from $1.04 billion over the next five 5 years to 6.06 billion by 2030.
Source: Mordorintelligence.com
Web3 utilizes blockchain technology in powering decentralized finance(DeFi) and ownership of digital assets such as NFTs. With notable players such as Chainlink, Polygon, and Amazon backing the growth of web3, the market has seen a 42.3% compound annual growth rate (CAGR). This is indicative of rising interest and web3 adoption.
Polkadot is testing a key resistance level on its falling wedge with high trading volume, suggesting a strong breakout.
Polkadot, the blockchain network that bridges other blockchain networks, has caught the market’s attention following a 57.5% surge in trading volume in the past 24 hours. Per CoinMarketCap, DOT was trading at $3.82, a 2.47% price increase, as of press time.
DOT’s price has been trading inside a falling wedge pattern formation for the past 4 months. Looking at the 12-hour chart, the price is consolidating and testing the $4.10 key resistance zone on its descending resistance trendline.
Source: CoinMarketCap
Technical analysis by WorldofCharts suggests that $4.8 could be Polkadot’s next target following a confirmed successful breakout above its falling wedge formation.
With the MACD level (12,26) and short-term moving averages flashing “buy”, DOT could be geared up for an uptrend rally soon. One should watch out for the coin’s buying pressure and open interest at this level while the market awaits a confirmed breakout.
Bitcoin dominance is on the verge of a breakdown on the charts. Could this spark the next altseason?
Bitcoin dominance chart has been useful in predicting the crypto market cycles. Looking at the current chart setup, Bitcoin’s market dominance is hitting a critical resistance, hinting at a potential reversal.
A decline in Bitcoin dominance means that liquidity has shifted its flow to altcoins, and BTC’s market share is shrinking. With the BTC dominance chart hitting a key resistance zone, does this mean the market could see altcoins boom soon?
THE BITCOIN DOMINANCE IS ABOUT TO CRASH. BULLISH FOR ALTS!
BTC has seen its open interest decrease by 2.7% and price drop by 0.9%. The long-short ratio stands at 0.97, showing a slight selling pressure in the last 24 hours, as of press time. The market is closely watching BTC’s next moves at this point for further insights.
Charles Schwab’s CEO, Rick Wurster, has revealed plans to offer spot Bitcoin trading by 2026 due to rising market interest in its crypto content.
Charles Schwab Corporation, the $10 trillion financial services giant providing banking, brokerage, and financial advisory is about to dive into the crypto world. With approximately $10 trillion of client assets under management, its entry into the crypto market signals substantial liquidity inflow.
According to its CEO, Rick Wurster, the company has seen a 400% increase in visits to its crypto content, hinting at growing crypto interest amongst clients. Despite offering some crypto-related products, the Company is eyeing spot Bitcoin trading, aiming to blend traditional finance with digital assets.
Rick Wurster at CNBC Exclusive Live Interview. Source: CNBC
As many traditional corporations consider Bitcoin as a new and unique asset class, the entry of this financial giant suggests a growing trust in digital assets. Additionally, this could mean a more stable crypto market with less volatility in the future.
Trump tariffs 2025 have triggered widespread concerns across global financial markets, including the volatile world of cryptocurrency. On April 2, President Trump introduced a new 10% tariff on all imported goods—part of a broader trade strategy primarily targeting the European Union. These tariffs quickly rippled through the global economy and had a particularly harsh impact on digital assets.
Global Market Reacts to Trump Tariffs 2025
Stock markets saw immediate declines. Following the tariff announcement:
S&P 500 dropped by 10.7%
Dow Jones fell 10.2%
Nasdaq plummeted 11.4%
The global reaction was swift, underscoring the uncertainty surrounding Trump’s trade policies in 2025.
How Trump’s Tariffs Are Affecting Crypto Markets
The crypto market felt the shockwaves almost instantly. As Trump’s tariffs hit key trade partners like Mexico, Canada, and China, digital assets experienced a sharp downturn. Over $2 billion was wiped out as major cryptocurrencies such as Bitcoin, XRP, Dogecoin, and Solana dropped dramatically.
Although President Trump later announced a 90-day pause on the tariffs, which allowed for a brief recovery, continued tensions—particularly with China—have left the crypto market vulnerable. Investors are increasingly watching how Trump tariffs 2025 shape the short- and long-term trajectory of digital assets.
US-China Trade War Heats Up in 2025
The situation escalated when President Trump declared a 245% tariff on Chinese imports, escalating what many now call Trade War 2.0. This aggressive move was in response to what the administration labeled as China’s “retaliatory actions” and lack of cooperation.
According to a White House document released on April 15, these tariffs are meant to pressure China into compliance. However, Beijing has responded by reaffirming its long-term trade goals and promising not to back down under U.S. pressure.
Trump’s Economic Strategy and Its Crypto Implications
In a bold move, Trump signed an executive order establishing a strategic cryptocurrency reserve, which includes major altcoins like XRP, SOL, and ADA. This initiative suggests a more crypto-forward stance in U.S. economic planning.
Meanwhile, weakening job growth in the U.S. may push the Federal Reserve to alter its policies. This could further strengthen the case for integrating crypto into broader economic frameworks—particularly as a hedge against global instability.
Final Thoughts: Crypto’s Role in a Turbulent Global Economy
How Trump’s tariffs are affecting crypto markets is a question that goes beyond price fluctuations. His trade policies, including the Trump tariffs of 2025, are reshaping the global financial landscape.
While markets may experience short-term volatility, the increasing intersection of geopolitical policy and cryptocurrency signals a future where digital assets play a significant role in national economies.
As global trade wars intensify, crypto isn’t just watching from the sidelines—it’s becoming part of the main event.
