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🌙 Crypto Markets Soar After Trump Pauses Tariffs

Bitcoin and Ethereum are up 7% and 12%, respectively, while SOL has surged 13%.

Author

Mike Gavela
April 09, 2025

In partnership with

Crypto Roundup - April 9

The cryptocurrency landscape is experiencing significant shifts. The crypto markets have become volatile due to factors like President Trump's trade policies and uncertainties around Federal Reserve decisions. Meanwhile, MicroStrategy, a major corporate holder of Bitcoin, has disclosed that financial pressures might compel it to sell some of its Bitcoin holdings by 2026. Additionally, in the decentralized finance (DeFi) sector, Magic Eden has expanded its footprint by acquiring Slingshot Finance, a strategic move aimed at bolstering its offerings in the DeFi space.

Top Stories

  • Crypto markets react sharply to geopolitical tensions and monetary policy uncertainty, showing increased volatility.

  • MicroStrategy may liquidate Bitcoin holdings by 2026 to alleviate its financial constraints.

  • Magic Eden acquires Slingshot Finance, enhancing its capabilities and presence within the decentralized finance ecosystem.

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TOP STORIES

Crypto Markets Soar After Trump Pauses Tariffs - "The Defiant"

Bitcoin and Ethereum are up 7% and 12%, respectively, while SOL has surged 13%.

thedefiant.io/news/markets/crypto-markets-wobble-as-trump-s-trade-war-and-fed-jitters-fuel-volatility

MicroStrategy admits it might need to sell bitcoin by 2026

If its finances get much worse or BTC keeps sliding, MicroStrategy could be looking at possibly selling some of its coins by next year.

protos.com/microstrategy-admits-it-might-need-to-sell-bitcoin-by-2026

Magic Eden Acquires Slingshot Finance - "The Defiant"

The NFT platform is stepping into the world of memecoins, looking to compete in the onchain token trading market.

thedefiant.io/news/defi/magic-eden-acquires-slingshot-finance

FUNDRAISING

OTHER HEADLINES

SEC Approves Options Trading on Ethereum ETFs From BlackRock, Grayscale and Bitwise - Decrypt

Investors can now trade options on some of the Ethereum ETFs approved last year by the Securities and Exchange Commission.

decrypt.co/314235/sec-approves-options-trading-on-ethereum-etfs-from-blackrock-grayscale-and-bitwise

Traders are running out of safe havens. Now should be Bitcoin’s time to shine

Markets are in a flux. US equities, bonds, and the dollar are all sinking. That should, in theory, create an opportunity for Bitcoin to become a safe haven. The reality is more complicated.

www.dlnews.com/articles/markets/traders-out-of-safe-havens-it-is-bitcoin-time-to-shine

XRP ETF Debuts with $5.4M in Volume, as Ripple Acquires Prime Broker for $1.5B - "The Defiant"

The first XRP ETF to launch in the United States — a 2x leveraged product — saw over $5 million in volume on its first day of trading, yesterday, April 8, per data from Bloomberg.

thedefiant.io/news/tradfi-and-fintech/xrp-etf-launches-as-ripple-acquires-prime-broker-hidden-road

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