Crypto

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.

A new study by Chainplay and Storible has uncovered a troubling reality for crypto investors—83% have fallen victim to scams or hacks at least once. The findings, drawn from a survey of 2,101 investors and an analysis of 444 crypto projects, highlight the persistent security challenges in the digital asset space. Crypto Scams Are More Common Than Ever On average, investors reported losses of $2,622 per incident, with fraudsters using various deceptive tactics to exploit unsuspecting users. The most frequent types of scams include: Fake social media accounts (34%) impersonating well-known figures or projects Exchange hacks (21%), leading to massive fund losses Phishing attacks (19%) designed to steal user credentials One of the most shocking findings is that crypto exchange hacks have led to more than $27 billion in total losses. While decentralized exchanges (DEXs) are targeted more often, centralized exchanges (CEXs) suffer 27 times higher losses, making them a major weak point for investors. The study also found that each major crypto project is bombarded with an average of eight phishing websites and seven fake X (Twitter) accounts, showing just how widespread and sophisticated online fraud has become. A Wake-Up Call for the Industry With the crypto industry growing at an unprecedented rate, security risks continue to escalate. Experts stress the urgent need for: Better security protocols to safeguard investor assets Stronger regulations to prevent large-scale fraud Investor awareness programs to help users spot scams As digital assets become more mainstream, the battle against cybercrime is far from over. The big question remains: Can the industry step up its security efforts before more investors fall prey to scams?