🚀Bitcoin Surges Above $90K as Trump Softens Tariff Stance
gm Defiers!
Bitcoin rallied above $90,000 on Wednesday after Trump granted the auto industry a one-month reprieve from tariffs. Traders are now looking ahead to Friday’s crypto summit for the next market catalyst.
Meanwhile, AAVE surged as its community mulls a tokenomics overhaul, and XRP is the only Top 5 cryptocurrency to hold on to the bulk of its post-election gains.
✍️ In today’s newsletter:
- Crypto markets extend gains after Trump exempts autos from tariffs
- Aave community considers tokenomics overhaul
- Solana DEXs retain market share despite memecoin meltdown
- XRP outperforms as most major cryptos erase post-election gains
- Is Wall Street behind the Bitcoin selloff?
- Binance research report unpacks DeAI
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📈 Markets in the last 24 hrs:
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Catch up on our interview with Yaniv Tal, founder of The Graph, who joined us at ETH Denver 2025 to discuss the evolution of Web3 and the importance of composability for building a truly decentralized internet.
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📈Bitcoin Extends Gains After Trump Softens Tariffs
Crypto markets rallied for a second day after U.S. President Trump granted a one-month tariff exemption on automobile imports from Canada and Mexico.
Bitcoin rebounded above $90,000, while Ether climbed 3% to $2200. XRP gained 1%, while SOL rallied 2.5% in the past 24 hours.
👻DeFi Lender Aave Weighs Changing Tokenomics to "Fee Switch on Steroids"
Community members of Aave, the largest lending platform in decentralized finance by TVL, are proposing to change the protocol token’s economic model, aka “Aavenomics.”
📊Solana DEXs Dominate Despite Memecoin Meltdown
Solana beat all other chains for the fifth consecutive month to generate the most decentralized exchange (DEX) volume in crypto, with $109 billion.
🚀XRP Defies Trump Slump as Major Cryptocurrencies Erase Post-Election Gains
As the Trump pump turns into a slump, Ripple’s XRP is the holdout, keeping the majority of its post-election gains as the other top five cryptocurrencies have lost most of theirs.
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🏦Is Wall Street Behind the Bitcoin Bloodbath?
Kyle Chassé, co-founder of Master Ventures, blames the unwind of a cash and carry trade, an arbitrage strategy that plays off a mispricing between an underlying asset and its derivatives.
🤖Binance Research Explores the Future of Decentralized AI
A new report from Binance Research dives into the intersection of decentralized blockchain technology and artificial intelligence, where it finds the world of decentralized artificial intelligence (DeAI).
🌍 ELSEWHERE
- Trading Titan Jump Is Regrouping Its U.S. Crypto Efforts, Insiders Say (Coindesk)
- Robinhood taps HQ Trivia host for new contest with $2 million in Bitcoin prizes—and some Doge (Fortune)
- US authorities begin releasing some seized cryptocurrency miners, industry executives say (Reuters)
🔥TRENDING
- DeFi Lender Aave Weighs Changing Tokenomics to "Fee Switch on Steroids"
- Solana DEXs Dominate Despite Memecoin Meltdown
- XRP Defies Trump Slump as Major Cryptocurrencies Erase Post-Election Gains
- Crypto Markets Bounce as Trump’s Tariffs Take Effect
- Bitcoin ETFs End 8-Day Losing Streak with $95 Million of Inflows
- Trump’s Crypto Reserve Plans Split the Industry and Whipsawed the Market
