Just when investors thought Bitcoin had hit its bottom at $74,000, a leading crypto analyst is calling for even lower prices ahead — possibly all the way down to $38,000. Certified technical analyst Tony Severino believes we haven’t seen the worst yet. According to his latest market outlook, Bitcoin might fall between $38K and $42K before finding solid ground. And no, he’s not panicking — in fact, he says this move is totally normal. What’s Behind the Prediction? Severino uses something called the Elliott Wave Theory, a technical analysis method that maps price movements in waves. He says Bitcoin is currently going through a correction phase, which typically has three waves (A, B, and C). So far, Wave A has played out. Now, Bitcoin could bounce back to around $62K–$65K (Wave B), before a final dip takes it to that $38K–$42K range (Wave C). This isn’t the first time Bitcoin has followed this kind of pattern. In past market cycles — including the 2017 and 2020 corrections — similar structures played out before the next big bull run. The Death Cross Warning Severino also points to a bearish chart signal called the Death Cross, where the short-term moving average drops below the long-term one. It’s a classic sign of continued weakness in the market. Still, he doesn’t think it’s all doom and gloom. He suggests this phase is part of a healthy long-term cycle that could set Bitcoin up for growth again — especially as we move closer to the next halving event in 2026. What Does This Mean for Investors? While a drop to $38K sounds scary, Severino believes it’s a temporary correction. He sees it as part of Bitcoin’s natural rhythm — sharp ups, hard resets, and then new highs. If history repeats, long-term holders might end up being rewarded for their patience. But in the short term? Things could get bumpy.

The crypto market is feeling the heat — and it’s not from inflation this time. As Donald Trump’s steep new tariffs kicked in, both traditional markets and cryptocurrencies took a sharp hit. Bitcoin tumbled to around $75,000, while Ethereum slid to the $1,400 range, marking one of the toughest days for crypto in weeks. Market at a GlanceAccording to CoinMarketCap, the total value of all cryptocurrencies dropped nearly 5% over the past 24 hours, pulling the market cap down to $2.42 trillion. Trading activity also cooled off significantly, with volumes dipping over 36%, a sign that traders might be pausing to figure out their next move. Bitcoin still leads with a dominance of 62.6%, despite falling 4.5% to roughly $76,300. Meanwhile, Ethereum saw a bigger drop — down more than 9% to about $1,447, making it the hardest-hit major token of the day. Solana, often spotlighted for being Trump’s crypto favorite, is trading around $105, while Tether remained steady, doing its job as a stablecoin amid the chaos. What Experts Are SayingMany analysts believe this sharp sell-off is directly linked to the rollout of Trump’s 104% tariffs on Chinese goods, fueling fears of a renewed global trade war. “It seems like people have given up on any major crypto comeback — at least for the first half of this year,” said Sean McNulty from FalconX. He pointed out that traders are increasingly protecting themselves with bearish positions on Ethereum and Solana — not a great short-term sign. Riya Sehgal of Delta Exchange agreed, saying that the sudden Bitcoin drop below $75K signals just how sensitive digital assets have become to global politics. “Bitcoin is clearly behaving more like a risk asset now — its ties with the equity market are stronger than ever,” she added. Still, Sehgal pointed out a silver lining: long-term holders aren’t budging. Even as prices dip, they’re holding on, suggesting continued belief in crypto’s future as a store of value. Short-Term Pain, Long-Term Potential?While short-term recovery seems unlikely unless global trade tensions ease, experts aren’t losing hope altogether. Riya highlighted that the recent decision by the U.S. Department of Justice to shut down its crypto enforcement division could signal a shift toward a more crypto-friendly stance — especially with discussions around a national Bitcoin reserve heating up again. Edul Patel, CEO of Mudrex, is also cautiously optimistic: “Bitcoin is finding support near $74,500 and has bounced back to around $76,000. Whales are quietly accumulating, which usually hints at long-term strength.” Bottom LineThe crypto market might be in survival mode for now, but not everyone’s giving up. With whales buying and long-term investors staying put, the current drop may be more of a storm to weather than a sign of collapse. Just don’t expect blue skies until the tariff clouds clear.

Former BitMEX CEO Arthur Hayes is once again making waves—this time with bold predictions about the future of global finance. According to Hayes, recent trade policy changes introduced by Donald Trump could push countries to ditch U.S. stocks and government bonds in favor of “neutral” assets like gold and Bitcoin. Hayes believes we’re entering a new era—one that echoes the pre-1971 financial world, where gold played a central role in global trade. He suggests that if the U.S. deficit is reined in, other nations may start dumping their U.S. treasury holdings and rethink their financial strategies altogether. Why? Because in a world of rising tariffs and policy unpredictability, sticking to American debt could be too risky. “Even if Trump softens the tariff rules later, world leaders can’t afford to gamble on his consistency,” Hayes said in a social media post. Instead, Hayes sees gold and Bitcoin becoming the go-to assets for countries seeking stability outside of U.S. financial systems. In his eyes, gold will likely regain its spot as the preferred reserve asset for international trade. And while the U.S. dollar might still play a part, it won’t dominate as it once did. Interestingly, Hayes pointed out that Trump hasn’t imposed tariffs on gold—something he sees as a strategic move to keep it flowing freely as global markets adjust to this new reality. He also doubled down on his earlier support for tariffs, calling them a way to reset unfair global trade practices. For investors trying to get ahead of the curve, Hayes had a simple recommendation: “Buy gold, gold mining stocks, and Bitcoin.” Hayes, who was recently pardoned by Trump after legal troubles tied to BitMEX’s AML and KYC lapses, is clearly leaning into a vision where traditional finance takes a back seat—and digital and tangible stores of value take the wheel. In a world where global trade is shifting and certainty is hard to come by, Hayes believes that hard assets like gold and Bitcoin could be the safest bets.

As of April 6, 2025, XRP is trading at $2.05, with a market cap of $119 billion and a daily trading volume of $1.87 billion. The price has been swinging between $2.05 and $2.16 in the last 24 hours, and between $1.97 and $2.19 over the past week. Despite holding steady for now, the overall trend suggests that buyers are losing steam. Short-Term Pressure Is Building Looking at the hourly chart, XRP has been slipping from its recent high of $2.17, now hovering just above $2.05. Although there were a few small bounce-backs, they didn’t come with strong volume, making them look weak and short-lived. Sellers are still dominating, and there’s no clear sign yet that the price is ready to bounce back for good. Resistance Still Strong The 4-hour view tells a similar story. XRP recently fell from $2.23 to $1.96, before a slight recovery. But that bounce didn’t last long — prices are again facing strong resistance near $2.15 to $2.18. Repeated rejections in this range hint at a potential bull trap, where buyers are caught off guard before the price drops again. Daily Outlook: Trend Still Down Zooming out to the daily chart, XRP seems to be in a distribution phase — a fancy way of saying smart money might be slowly cashing out. The price is forming lower highs and lower lows, and volume is drying up, suggesting buyers are becoming cautious. XRP is currently stuck between $2.10 and $2.15, but there’s not enough interest yet to spark a fresh rally. Indicators: Mixed, But Leaning Bearish Most momentum indicators are neutral right now, but some are flashing early warning signs. The RSI is sitting at 40, and the MACD is slightly in the red, both hinting at weakness. Until these indicators show more strength, it’s hard to argue for a bullish turnaround. Key Technical Levels to Watch Moving Averages Say: Still a Downtrend Most of XRP’s short- and medium-term moving averages are pointing down. Only the long-term 200-period moving averages show any bullish support, which means unless we see a strong shift in momentum, the downtrend may continue. Outlook Bullish Scenario:If XRP can stay above $2.05 and push back into the $2.10–$2.15 zone with solid trading volume, it could set the stage for a rebound toward $2.20 or even $2.40. Bearish Scenario:If selling pressure stays strong and XRP can’t hold support, the price may slide back toward $1.95 or lower. The current setup favors the bears, unless momentum flips in a big way.

When you think of crypto-friendly countries, Thailand might not pop up right away — but it should. Since 2018, Thailand has been building a smart and steady approach to crypto. The country isn’t jumping in blindly, but it’s also not shutting the door on innovation. Instead, it’s creating space for digital assets to grow — all while keeping investors protected and financial risks under control. Thailand’s Crypto Mindset: Open to Growth, Cautious on Payments Here’s how Thailand looks at it: Crypto is an investment tool, not a way to pay for your groceries. The Bank of Thailand has made it clear that using crypto for everyday payments isn’t allowed — the price swings are just too wild, and they could shake up the country’s financial system. But when it comes to blockchain tech and trading crypto in a controlled environment? That’s totally encouraged — as long as the right rules are followed. Who’s in Charge of What? Thailand has a few key players in its crypto game plan: They work together to make sure the space is safe and transparent. How It All Started Thailand didn’t just wake up one day and decide to regulate crypto. This has been a years-long process: It’s been a step-by-step journey, but a pretty forward-thinking one. Rules for Crypto Businesses Want to run a crypto exchange in Thailand? You’ll need to: Crypto & Taxes in Thailand Yes, crypto gains are taxed. The more you earn, the higher the rate — up to 35%, based on your income. Some transactions (like on licensed exchanges) get VAT exemptions, but most people still need to report their earnings. ICOs, NFTs & DeFi — Where Do They Stand? It’s a work in progress — and the government’s taking its time to get it right. Thailand’s Big Move: A Digital Currency of Its Own Thailand is working on its very own digital currency — kind of like a crypto version of the Thai baht. It’s already been tested for things like retail shopping and even cross-border payments with other countries. The goal? To make money transfers faster, cheaper, and more secure. Adoption Is Growing More Thai people are holding crypto now — almost half of the people who know about it own some kind of digital asset. Businesses are getting more interested, too, especially banks. Still, crypto payments aren’t widely accepted due to strict rules, and the government continues to push for better education around risks. Not Without Challenges No system is perfect, and Thailand’s crypto space has its hurdles: What’s Next? Thailand’s aiming to take things to the next level — aligning its regulations with global standards like Europe’s MiCA framework. Expect to see: Thailand may not be the loudest in the room, but it’s quietly building a crypto system that other countries might just want to copy.