It's the end of the week and we want to quickly get into the round up of the top stories that happened.
Trump Tarrifs reveal Bitcoin could outlast the dollar, Kraken X Mastercard crypto debit cards are out, Argentinian President in hot soup over meme coin pump.
But before we get to the round up, here’s a light take on crypto’s weekly top/worst performers.
Winners and Losers of the Week
Top 3 gainers of the last 7-days
- Onyxcoin (XCN): Gained +81.55%, currently trading at $0.02211
- Curve DAO Token (CRV): It went up by +19.79%,and is now trading at $0.6084
- Fartcoin (FARTCOIN): Pumped by +19.64%, is currently trading at $0.8712
Top 3 losers of the last 7-days
- DeXe (DEXE): Lost -7.88%, now trades at $14.58
- EOS (EOS): Dropped by -5.65%, currently trading at $0.63
- Tezos (XTZ): Lost -4.58%, and is now trading at $0.5461
Top Meme of the Week
Me when I say “Internet capital markets” instead of meme coins pic.twitter.com/23epsACp5E
— Rich💎 (@bitcoin_boss1) April 11, 2025
Bitcoin Sniffs Opportunity Amidst Trump’s Global Tarrifs
Trump’s global tariffs might tank the markets, but they’re giving crypto and Bitcoin a surprising boost.
*90 day pause on Tariffs effective immediately*
— Alan Carroll (@alancarroII) April 9, 2025
Markets: pic.twitter.com/FkJp2euhiS
Here’s why:
These tariffs might be actually the best thing that happened to Bitcoin since Satoshi Nakamoto.
According to Zach Pandl, a Head of Research at Grayscale, Tariffs will weaken USD dominance and give room for competitors in the crypto space. Besides, Pandl went on, the Trump administration is doing good for the long-term wellbeing of Bitcoin.
Read also: Hayes Predicts Bitcoin's 2013, 2015, 2025 Comeback
And thanks to its deflationary features, a predictable supply and often being compared to gold, investors are positive the asset could be their next safe haven.
If at all they want to weather extreme economic and political climate.
Jeff Parks, an executive at Bitwise shared an even stronger bullish sentiment on X. He believes bitcoin has more chances of surviving in our lifetime than the US Dollar.
higher chance bitcoin survives over the dollar in our lifetime after today
— Jeff Park (@dgt10011) April 9, 2025
first time the thought hit me and didn’t feel like theory but an actual truth to grapple with
Trust is already waning down for the dollar, and other currencies that have been termed even weaker, which leaves investors with little to no choice but to jump ships and join the crypto force.
Bitcoin was created for tough times like this, according to Michael Saylor.
What’s more, the Strategy CEO bets Bitcoin is the only asset that has the resilience to face a world of hidden risks, and he goes on to explain inflation is just a tip of the iceberg of what’s to come. (Is winter is coming!?)
Today’s market reaction to tariffs is a reminder: inflation is just the tip of the iceberg. Capital faces dilution from taxes, regulation, competition, obsolescence, and unforeseen events. Bitcoin offers resilience in a world full of hidden risks.
— Michael Saylor (@saylor) April 4, 2025
Kraken’s Link Up With Mastercard to Deliver Crypto Debit Cards SOON
A Kraken X Mastercard collabo will finally issue out crypto debit cards in the coming weeks. If you’re in Europe, get ready because the cards will be rolled out soon.
The new debit card will let Kraken users to spend crypto and stablecoins directly from their exchange wallet account.
. @Mastercard and @krakenfx have announced a partnership that will allow European users spend Bitcoin and other cryptocurrencies at over 150 million merchants worldwide. Kraken Pay enables instant, borderless payments across 300+ crypto and fiat currencies.
— Alex Garcia (@AlexGarciaaX) April 8, 2025
But this isn’t just… pic.twitter.com/22Vp3O9wSc
This partnership with Mastercard is an expansion of the exchange’s flagship payment product, Kraken Pay, which lets you send or receive 300+ digital assets across multiple countries globally.
On top of the card, the product has introduced a new paylink feature that lets you transfer or request payments using a simple URL link.
Milei in Hot Water as Lawmakers Chase LIBRA Losses
Argentina’s lower house is turning up the heat on President Javier Milei. Lawmakers in the Chamber of Deputies just greenlit an investigation into his ties to the controversial LIBRA memecoin.
The vote passed 128 to 93, with seven sitting on the fence, but this isn’t the first time the proposal hit the floor.
It flopped in the Senate earlier this year. What’s more, the push in the lower house shows the scandal is picking up steam.
And it all started with Milei’s social media blitz. The president hyped LIBRA to his 3.8 million followers, pumping the token to $5 and ballooning its market cap to $4 billion—if only for a moment.
That’s not the kind of momentum that goes unnoticed. Critics say it was all smoke and mirrors. A textbook rug pull. And now, the President’s credibility is on the line.
Lawyer Jonatan Baldiviezo, along with engineer María Eva Koutsovitis, economist Claudio Lozano, and Marcos Zelaya had no time to waste. They filed a lawsuit accusing Milei of fraud, alleging he was using his office to pump fake meme coins like LIBRA, which left degens holding empty bags.
If proven true, this could move the needle in Argentina’s crypto regulation—and largely affect Milei’s political future.
February’s onchain data painted a brutal picture for LIBRA holders. The memecoin pump and dump left deep scars—investors lost a staggering $251 million.
Out of 15,430 wallets that cashed out gains or losses of $1,000+, more than 86% sold in the red. That’s not just unlucky. That’s carnage on the chain.
The numbers don’t lie.
LIBRA’s rise was fast, loud, and backed by hype. The crash? Even louder.
The scale of the losses shows just how many retail traders got caught in the crossfire and are not willing to back down until the president pays for his crimes.
See ya next week!
HODL Team
