
VanEck confirms that China and Russia are settling energy trades in Bitcoin. De-dollarization is here. The US should immediately end sanctions on Russia or its game over for the USD.
Loading summary
Ann
I was never really a runner. The way I see running is a gift, especially when you have stage four cancer. I'm Ann. I'm running the Boston Marathon presented by bank of America. I run for Dana Farber Cancer Institute to give people like me a chance to thrive in life even with cancer. Join bank of America in helping Anne's cause. Give if you can at b of a dot com supportann what would you like the power to do? References to charitable organizations is not endorsement by bank of America Corporation Copyright 2025 at Capella University you can learn at your own pace with our Flexpath Learning format. Take one or two courses at a time and complete as many as you can in a 12 week billing session. With Flexpath, you can even finish the Bachelor's degree you started in 22 months for $20,000. A different future is closer than you think with Capella University. Learn more at capella.edu fastest 25% of students cost varies by pace, transfer credits and other factors.
JV
Fees apply welcome Bitcoin Fam to one daily Bitcoin pod. We're up. Practically a God candle on the day. Make some noise for that as US President Trump issues a 90 day pause on reciprocal tariffs which has sent the market soaring. Also breaking news. Treasury Secretary just said they are removing regulatory barriers for Bitcoin and cryptocurrency, ultimately meaning the next four years are going to be wild. Brace yourself fool. We'll also be discussing Breaking news Swedish MP urges the country's central bank to create a strategic Bitcoin reserve. This is a trend amongst nations. We'll also be discussing Bitcoin's safe haven appeal grows during the trade war uncertainty as well as Bitcoin ETFs lose 326 million amid evolving dynamic with Tradfi markets. We'll also be discussing Bitmex founder Just Blaze Arthur Hayes says u S rival can trigger capital flight into Bitcoin and he shuns the altcoins for btc. We'll also be discussing Billionaire Jack Dorsey issues a Bitcoin warning says BTC risk becoming irrelevant if this happens. We'll also be discussing breaking news China and Russia use Bitcoin and energy trade verified by Van E and quoting the high priest of Bitcoin, Max Kaiser. China too. China and Russia see Bitcoin goldback stable coins as the escape hatch. We'll also be taking a look at the overall crypto market. All this plus so much about more in today's show. Yo, what's good Crypto fam? This is first and foremost A video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts again, that's crypto news alerts.net today is April 9, 2025. I'm your host, JV. Today is pot episode number 1958. Markets are ripping like the new Scotty Pippen. How do you like those apples? Let's kick it off with our market watch as we do each and every day. And we ain't seen the forest green like this in a hot minute. So you can see bitcoin already up 7% on the day. 74,000 was the low and virtually 83 is the high. That's a $9,000 spread. Practically a God candle. Respect the pump. Even ether getting a warm side of the sidewalk. Up 12 on the day after hitting a bottom of 14. Honda XRP up 12. Everything pumping it in the green. Of course the stock market return I believe over $4 trillion poured right in within 30 minutes from the announcement from the Trumpster. And checking out coinmarketcap.com the current crypto market cap sits at $2.62 trillion. The video market cap 1.6 trillion. Shout out. Thomas, I appreciate the super. He wrote everyone that can should immediately buy 0.1 Bitcoin. $50 a week adds up, y'all. BTFD take advantage of it. And congratulations everyone who has been stacking a stats. Hopefully you're in the green here today. But anyways, checking out. What are we gonna look at here? Let me see here. I usually look at the dominance. Once it comes up here I got sidetracked. Let me hit the refresh again. See where the bitty dominance is at on the day. Let that refresh. But anyways, top gainers we got flare up 37%. The infamous fart coin up 34% and Pendle up 24%. 169 million in volume, 24 hour spread. Bitcoin dominance has been climbing 62.4%. Ether dominance has been dumping 7.6%. Checking out the crypto bubbles, we get a visual perspective on the daily on the market. Everything's about to flip. About a boom about a bitcoin. Everything in the green. You just gotta love it. Zooming out on the weekly, unfortunately 90 of the market's still in the red. And zoom it out on the monthly. I'd say like 7030 red over green. And checking out the crypto greed and fear index, we're all the way down to an 18. The silver lining, the lower this number goes in extreme fear, the more likely of a pump and today we're all the way down at an 18 and lo and behold we got a pump thanks to the Trump and yesterday was a 24, last week of 44, last month a 20. An extreme fear. And checking out the time chain calendar, the infamous we have 158346 blocks until the next having of 2028 currently on block number 890 1654. Nipa Nader can't contain himself right now and you can currently exchange one fiat monopoly dollar for 1216 sats. Yesterday you could have got close to 1400 sets per dollar. But like I said, we're ripping like the new Scotty Pippen. I like those apples. Let's kick it off with our next story. I have actually a smorgasbord of headlines to share with you. Of course after the infamous freeze frame this headline says Bitcoin significantly de risks here as nearly 80% of the cyclical price correction is done. Another headline just in US Dollar index falls close to the level that was followed by five.
Ann
Lowes is the destination.
JV
For EGO outdoor power equipment this spring. See what's new and exclusive like the.
Ann
17 inch string trimmer with line IQ technology that auto feeds to save you.
JV
Time and the 22 inch select cut.
Ann
Self propelled mowers with a multi blade system for precise cutting shop EGO days happening now during Spring fest at Lowe's we help you save Selection varies by.
JV
Location while supplies last Bitcoin price rally so if history were to repeat and biddy going up 500% from here 8 times 5 that'd be a 400000 Bitcoin. Send it. And of course the big news U S President Donald Trump issues a 90 day pause on the reciprocal tariffs which had sent the market skyrocketing. I think we should start here being this is the big news. United States President Trumpster our potus issued a 90 day pause for reciprocal tariffs lowered the tariff rate to 10% on countries that do not retaliate with the counter tariffs. That's right. The President also said he would increase the reciprocal tariff rate on China to 125% due to the country's counter terrorist against the U.S. trump wrote on a true social post here today quoting him here. At some point hopefully in the near future China will realize that the days of the ribbon off the USA and other countries is no longer sustainable or acceptable. And did you see Mr. Oh proposing a 400% tariff on China? And according to the data from Trading View The S&P also rallied close to 7% following the Trump announcement, showcasing the volatility the capital markets amid the macroeconomic uncertainty and the potential for the protracted trade conflict. Here's the entire post from the Trumpster Markets experienced a high volatility. Of course, capital markets are currently experiencing extraordinarily high volatility, swinging between price extremes in the tariff announcements made by Trump. In fact, bitcoin is up in a range of close to 9,000 from the bottom to the top already today. And that means God candle in play. The stock market wiped away trillions in shareholder value within days of Trump signing that reciprocal tariff order, only for the pendulum to swing the other way every time a pause in the terrace was announced or Trump walked back on his rhetoric. And on April 7, rumors began circulating on Truth Social that Trump was considering a tariff pause, triggering the U S stock market, a rally adding 2 trillion in value in hope of a pause. And the volatility index, a measure of the S P's stock market index volatility broke above 60 April 7, the highest level since the unwinding of the yen carry trade in August of 2024. BitMEX founder Arthur Hayes recently predicted the devaluation of the Chinese Yuan. In fact, we'll dive deeper into that later. The latest from Just Blaze Arthur Hayes. But I also want to share some big breaking news in the headlines and we'll pull up some of live charts for the Broskis headline here. Treasury secretary just said they are removing regulating regulatory barriers for bitcoin and crypto. The next four years are going to be wild. Send it. And breaking news. The Swedish MP urges the country's central bank to create a strategic bitcoin reserve as the nation state. Adoption of the biddy continues. Yes, this is a trend amongst nations and let's go ahead and pull up some of the live charts. We'll see some of these bullish charts and green candles of printing Godzilla on the way. Broskis, give me a second to pull her up. You should be able to see live and on your screen. We do got already 3, 200 people on the live stream. So thank you guys so much for supporting us. Big green candle followed by big green candle. You're looking at a 10 minute chart via trading view via Coinbase. And this is live chart action. Jackson Satisfaction on your screen coming to you live and zooming out from the 10 minute. Let's look at the hour and work our way backwards. Fam. Bitcoin still holding on to 82. We did surge to 83 before correcting just a titty itty bitty bit 745 was the bottom. Hence an already a $9000 spread on the day. Looking at the hourly chart you can see a mega green candle that was right off the back of the announcement from Trump. We started ripping like the new Scotty Pippen. We do have a bull target on your screen sitting at 88 which is a divine omen. That's intelligent infinity like the Ethereum. I was going to say unlimited supply. Yeah, unlimited supply because it's unlimited. Meaning they're printing Ethereum like the US dollar forever. Laura. And then we do have a bear scenario on the screen sitting at just shy of 73.5 and zooming out from the hourly. Let's take a look at the four hour. One of my favorite charts. And again big massive green candle off of the back of the Trumpster News. No bull targets in particular on the screen here but we do have a bear scenario sitting at 73. 4. Let me know if you feel the bottom is in. We did touch again 74.5as the 24 hour bottom or do you think we'll continue to crack some after this recovery? I think we're continue to rip but you guys let me know your thoughts. Zooming out to the daily. The daily chart. Big green candle forming on the day. That's nice. After a few days of consecutive red candles we do have a rising wedge followed by a falling wedge on the daily chart. And we do have a bull scenario which will take us back to price discovery sitting at112.4 send it. And then we have a bear scenario just shy of 69 GS. And then we have a super bear sitting at roughly 49,000. And zooming out a little further from the daily. We'll take a look at a weekly. Ryan Reynolds here from Mint Mobile with a message for everyone paying big wireless way too much. Please, for the love of everything good in this world, stop with Mint. You can get premium wireless for just $15 a month. Of course if you enjoy overpaying. No judgments. But that's weird. Okay, one judgment anyway. Give it a try@mintmobile.com Switch upfront payment.
Ann
Of 45 for 3 month plan equivalent to $15 per month required intro rate first 3 months only, then full price plan options available, taxes and fees extra. See full terms@mintmobile.com and thank God we.
JV
Got this nice recovery. Recovering from past week's red candle. We do have a sexy cup and handle target on the screen in play at $124,000. Let me know when you feel we'll likely hit that target and we'll look at one more time frame and this is the one month chart and yeah, so thus far for April we're pretty neutral. We're only a week in past couple of months have been bearish unfortunately but hopefully things turn around. Now we're in Q2 of 2025, the year proceeding the infamous Bitcoin having and if you don't know now you know Broskis Knock away at the news fam. Next story of the day Bitcoin being a Haven. The headline reads Bitcoin Safe Haven Appeal grows during the Trade war uncertainty. That's right, the global trade war may be the silver lining for the bitty growing recognition as a safe haven asset next to gold thanks to its liquidity and accessibility advantages compared with the precious metals. Financial markets have been rattled since Trump's April 2nd reciprocal import tariff announcement, leading to record breaking selloff of traditional stock markets and a bitcoin Correction. Tapping again. 745 was a 24 hour low, but we did recover pretty significant, currently at around 83 at the time of the live stream. And while gold remains the dominant refuge for investors during the geopolitical stress, analysts say bitcoin's digital nature and 247 liquidity are helping it attract renewed interest. Quoting the CEO of Bitwise, Hunter Horsley, you want to store value in some other than US assets, but you don't want to own other nations currencies, debt and assets because they're even weaker than you expect. They'll debase it. You look around and you see it. An asset that can't be debased is controlled by no country. That's right. You can't put a tariff on a baby and that you can take into your possession immediately. You wind up buying bitcoin. He makes a great point reading his tweet here. You're a nation that doesn't trust the U.S. right now. You want to store value in some other than U.S. assets. You don't want to buy other nations currency, debts and assets because they're even weaker than you'll expect the debase in it. So you could buy gold, but how do you get it shipped to you and in your possession? Fantastic question. You look around and you see it. An asset that can't be debased is controlled by no country and that you can take into your possession immediately. You'll wind up buying bitcoin and it makes a great point. So despite the growing optimism, gold will likely remain the dominant asset especially in the near term, says Arali Barthier, principal research analyst at Nansen Crypto intelligence platform, quoting them here. Bitcoin is promising, but it is still quite volatile. It could get there gradually. The PBOC should be shedding the U.S. treasury holdings and increasing gold reserves for years. Therefore, I expect this trend to accelerate regardless of the crypto narrative. Meanwhile, China's Finance Ministry April 9 announced new tariffs of up to 84% on US imports effective April 10, which is tomorrow on Thursday, as a retaliatory measure against the Trump policy. Analysts say a resolution could reduce uncertainty and reignite the appetite for risk assets. Precisely what we just witnessed here today. China's tariffs come as a retaliatory response to the Trump plan to impose import tariffs of up to 100% on Chinese goods. Some industry analysts see Trump's global tariff negotiations as mere posturing for the US to reach an agreement with China, a development that may end global trade uncertainty and see risk assets such as crypto recover. And that's precisely what we have been witnessing and I'm going to dive deeper into the China Russia trade wars, reportedly using Bitcoin for settlement, which has been confirmed by digital asset management firm Van Act. But we're going to save that story for later. Here's the Latest with the ETF's headline should be able to see on your screen Bitcoin ETFs lose 326 million amid the evolving dynamic with the trad fi markets that's right, the evolving relationship between the bidding and traditional financial markets is under renewed pressure as global investors flee the risk assets amid the intensifying U S trade tensions. You can feel it in the air. U s listed spot ETFs recorded their fourth consecutive day of outflows April 8, with more than 326 million in net redemptions across the products, according to far side Blackrock's iShares Bitcoin Trust ETF named IBIT saw the largest sell off of over 252 million. Come on Larry Finkster, we can do better than that. It's the biggest daily outflow since February 26th. Now the selling pressure follows Trump's April 2nd announcement of sweeping reciprocal import tariffs, which triggered a historic 5 trillion wipeout in the S P over the past couple of days and I believe it's all been recovered practically already. The delayed crypto market turbulence after the tariff related sell off in traditional markets how lies the Bitcoin evolving relationship with traditional markets? According to Linux Lie, the global chief commercial officer over at okx quoting them here while falling 26 since January's inauguration. Bitcoin's relative resilience in the first two days following the tariff announcement this episode is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed's sponsored jobs to hire top talent fast. And even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsor job credit@ Indeed.com podcast. Terms and conditions apply. Dropping 6% compared to the Nasdaq's 11 decline suggests a nuanced dynamic emerging between crypto and conventional assets. I remember we decoupled from the stock market for like a day and and then we tanked the following day. I think we will eventually decouple once and for all as Bitcoin is on its own trajectory fam but you guys let me know your thoughts. Bitcoin initially remained firmly above the 82 support level, but plummeted below 75. I think 7045 is on April 6th. You can see the volatility of the market. Some industry leaders attributed Sunday selloff to the Bitcoin24.7 liquidity mechanics, which made the bitty the only large liquid asset available for de risking over the weekend. And while there is an encouraging sign of a weakening correlation between Bitcoin and equities, the Bitcoin price trajectory remains tied to global liquidity conditions. Another quote here Though I see early signs of divergence, I believe the biddy remains fundamentally tied to the global liquidity conditions, warranting caution amid the potential market stresses, while gold remains a hedge against the geopolitical instability. And they also say what's most significant here isn't just the price action, but the Bitcoin growing conceptual influence. People increasingly view it as a valid strategic reserve asset for diversification and chaotic traditional markets. Precisely. Other analysts see the growing money supply as Bitcoin's main catalyst. Quoting Arthur Hayes Bitcoin trades solely based on the market expectation for the future supply of fiat. And if you don't know now you know. Broski's next story of the day fam welcome everyone. Just joining us. What to do Next Story Arthur Hayes, Bitmax founder, says U S rival could trigger the capital of light into the Biddy. That's right, just blaze. Arthur Hayes believes one catalyst can help send the Biddy to a new all time high amid Trump's tariff trademark war. He shared on Accent the weakening of the China U N Due to the central bank money printing may cause investors to move their wealth into the bitcoin as a hedge, similar to what occurred in 2013 and 2015. Quoting Just Blaze Arthur Hayes if not the Fed, then the People's bank of China will give us the Yahtzee ingredients. The Chinese u N d value equals narrative that Chinese capital flight will flow into the biddy. It worked in 20132015 and can work again in 2025. 8. Ignore China at your own peril. Hayes also believes that bitcoin may outperform other digital assets in the near term, stunting the altcoin market. Number one stunner quoting them here Been nibbling on the bitty all day and shall continue. Who else is nibbling on the pre little bitty coins are getting in our strike zone y mofos But I think bitcoin dominance keeps zooming towards 70%. I think so too. So we're not gorging at the shitcoin supermarket. Remember, money printing is the only answer they have. Precisely why we're bullish on the biddy. They're going to continue to print. In a recent interview, Hayes says that once bitcoin soars well above the 100, 000 level, once again, riskier crypto assets will most likely start to shine. Hayes also said he's looking for Ethereum to start out performance Atlanta and there you have it folks. And if you don't know now, you know. Next story of the day. And then we'll get to our feature story after this one. This headline reads Billionaire Jack Dorsey Issues Bitcoin Warning. Says the video risks becoming irrelevant if this happens. That's right. Billionaire and block CEO Jack Dorsey, Bitcoin OG himself, some believe to be Satoshi, says the bitcoin's at the risk of a failure if it doesn't manage to tackle one critical use case. In a new interview on the Presidio Presidio Bitcoin YouTube channel, Dorsey is asked to imagine that he fast forwarded into the future where bitcoin has failed. That's blasphemy, is it not? Proskis when asked how bitcoin failed, Dorsey said bitcoin failed, faded into irrelevance because it was only used as a store of value and not as a form of money for payments and transactions. Quoting them here, I think it fails through irrelevance. It fails to be relevant to people on a daily basis. If it just ends up being a store of value and nothing more, I don't think it gains relevance at all. I think it has to be payments for it to be relevant on the everyday. Otherwise it's just something you kind of buy and forget and only use in emergency situations or when you want to get liquid again. So I think if it's it doesn't transition to payments and find that everyday use case it is increasingly irrelevant. And that's fair to me. And when asked what can be done to mitigate the risk of Bitcoin failing, Dorsey says more applications need to be built to facilitate easy fast payments to rival giants. I guess the legacy payment, Rails, Visa, Mastercard, Amex, etc quoting them here. I think building simple accessible experiences that solve the payment use case, make it at scale, making it fast, giving it the speed of The Visa and MasterCard networks, real competition and there's tons of projects that to do that and to continue to increase in privacy and security and ultimately safety that gives you a third option. And I think we always want a third option to the US Dollar, to the Chinese Yuan. Having a third option for currency is important and it keeps the other currencies in check and governments in check.
Ann
This episode is brought to you by Amazon Business. How can you free up your team from time consuming office tas? Amazon Business empowers leaders to not only streamline purchasing, but better support their teams so they can focus on strategy and growth. Free up your teams and focus on your future. Learn more about the technology insights and support available@amazonbusiness.com as well.
JV
And to watch or check out this interview on the 21 and 21 podcast on a 21 that's a blackjack baby. Check the show notes below the video in the description as all the news articles I share always resource in the description on the YouTube channel and the Rumble and if you don't know now, you know now for our feature story of the day. China and Russia use bitcoin and energy trade. This has been confirmed by asset management giant Vanek as you can see here in this headline. And I also want to give you some insights as well from some tweets. I got a couple of them aligned up here. Sasha Hotter put Vanek confirms that China and Russia are settling energy trades in bitcoin. Bitcoin De dollarization is here. The U S should immediately end sanctions on Russia or it's game over for the US dollar. And again that's the off the back of the news printed from Vaneck a headline de dollarization moves Bitcoin towards monetary role. And I'm just going to read you what's Highlighted here, that interest is no longer theoretical. China and Russia have reportedly begun settling some energy transactions in bitcoin and other digital assets. Bolivia has announced plans to import electricity using crypto. And French energy utility EDF is exporting, exploring whether it can mine bitcoin with surplus electricity currently exported to Germany. These are early signs that bitcoin is evolving from a speculative asset into a functional monetary tool, particularly in economies looking to bypass the dollar and reduce exposure to the US led financial systems. Keyword there, particularly in economies looking to bypass the dollar. We're talking about the de dollarization and this takes a segue right into what max shares here. Off the back of this news, Russia central bank bank chief says bitcoin and crypto are becoming a shield against U. S sanctions. Confirms businesses are testing crypto in foreign trade. This is massive. Max Kaiser responded to this and he's been calling this and I've been, you know, preaching it from the rooftops. China too. China and Russia see bitcoin and gold back stable coins as the escape hatch. He believes they're in the process of developing gold back stable coins which are going to overthrow the dollar because I mean, there's a massive de dollarization movement. I mean look at the bricks. And the news just continues to pour in as the global hash war, which is a term Max Kaiser coined many years ago, continues. So let's dive a little deeper into this big news. Bitcoin emerges as a geopolitical tool. According to the Van Eck report. I just read some of it to you. China and Russia are particularly partially settling energy payments using bitcoin as well as other digital assets. This development marks a significant shift away from traditional financial networks such as Swift and the US dollar. Analysts say Trump's renewed tariff policies have fueled global interests and sovereign alternatives. Meanwhile, the bitcoin mining powered by surplus energy. The report highlights France's edf which is their electricity day. France exploring bitcoin mining using excess electricity, well, it's the highest and best use case. Mine the biddy. All energy should go towards mining bitcoin. But I digress. Such efforts point to the growing synergy between the energy production and crypto economies or economics. Bitcoin use in trade and infrastructure signals a broader trend towards the centralized finance. And while the bitcoin price did just drop to 74, Vanek notes its resilience amid macro instability and already bada boom. We're right back at above 83. Broskis analysts suggest that if the US GDP growth slows without triggering high interest inflation, the Fed may lower interest rates, likely boosting the prelo biddy price going up forever. Laura Gold is also attracting renewed attention. Still, the Bitcoin higher return potential may appeal to more investors seeking alternatives to fiat. I mean, there you have it. And I also want to just go through Max Kaiser's, you know, timeline here and see what other insights the high priest has to offer. And I'll read these out loud. Trump watched diamond on Fox this morning. Trump diamond said something had to be done. Max chimed in. But Scott Bessant said today we're in a new era. JP Morgan size Wall street banks no longer take president over smaller regional banks. I guess Trump didn't get the memo. Stacy points out real world impact of Bukele security miracle without gangs terrorizing and plundering farmers. Output is now soaring in the AC agricultural sector of El Salvador. Shout out Bitcoin country as prices continue to drop while they soar everywhere else in the world due to inflation. Also, as Bitcoin historian points out, pro Bitcoin political party AFD is now the largest in Germany. The poll shows their official policy is to separate money and state. And guess what bitcoin does? Separates money from state. Precisely what we do. Breaking news. Vanette confirms China Russia officially settling some energy trades in Bitcoin as the trade war ramps up. He also says they're also stacking sats. That's China and Russia. So pretty big news. And everything goes to zero against bitcoin. The power of Kaiser and Sailor Cast a coin Devil out.
Ann
Wow, this house is cute.
JV
But can I really get in the game in this economy? I do have savings and I am responsible. Ish. I should bury it. I'm being wild.
Ann
But what if I'm not being responsible?
JV
Wild though.
Ann
Could I actually score a kick off your home buying journey with Zillow's new buyability tool? It makes it easy to find out what you can afford so you can get off the bench and onto the playing field with confidence. Check your buyability only on Zillow.
JV
That's right. If you're an unclean spirit, this gong strike is for you. And if you don't know, now you know. Welcome everyone to the Q A segment of the stream. Let me refresh the comments for you guys about a boom. We resurrected the comments. Here we have it. Welcome everyone. Yeah, so exciting times. I just shared with you the breaking news with China, Russia, the de dollarization movement as it continues. We also discuss the go back stable coins as Kaiser has been preaching from the rooftops. Let me know your thoughts on that. I'll read your comments out loud. And welcome everyone, to the Q A segment of the live stream. Let's see how many people we got on. I know we're doing fantastic numbers today. Already 5, 300 people on X. Thank you guys for all the support. So that means collectively, we probably got about 5,600 people watching from all over the world. Thank you, Chandy. I'm gonna repost everyone's comments and quotes as we do the Q A fellowship with the CNA fam. Pump the biddy. Thank you so much. Repost the doing. Exactly. Shout out. David Schumann. Much respect, Emilio. Might as well educate yourself with the hardest asset in the world while you're still early. That's right, Emilio. Well said, brother. Just hit you with a repost. We're so back. We're smashing it. That's right. Call me the Smash Bros. Remember Mario Smash Bros. But anyways, yeah. Yo, I'm gonna read these comments out loud. Welcome, everyone, to the Q A segment of the live stream. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Hoddle.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode: 1958: CONFIRMED: China and Russia Are Using Bitcoin in Energy Trades
Release Date: April 10, 2025
Host: Justin Verrengia
In Episode 1958 of "Crypto News Alerts," host Justin Verrengia delves into the latest developments in the cryptocurrency sphere, focusing on significant geopolitical maneuvers, regulatory changes, and market dynamics influencing Bitcoin and the broader crypto market. The episode is packed with breaking news, expert insights, and in-depth analysis, providing listeners with a comprehensive understanding of the current state and future prospects of cryptocurrencies.
Timestamp: [00:59]
Justin begins the episode with an energetic market overview, highlighting the substantial price movements in Bitcoin and other major cryptocurrencies. Bitcoin surged by 7% in a single day, experiencing a dramatic $9,000 spread from a low of $74,000 to a high of $83,000—a phenomenon JV refers to as a "God candle" for its unprecedented volatility and growth within such a short timeframe.
Ether and XRP also saw impressive gains, with Ether increasing by 12% and XRP mirroring the same growth rate. This positive movement was attributed to a significant influx of over $4 trillion into the stock market following President Trump's announcement of a temporary halt on reciprocal tariffs.
Timestamp: [06:26]
A pivotal moment discussed is the announcement by U.S. President Donald Trump, who imposed a 90-day pause on reciprocal tariffs. This policy shift led to immediate market reactions, with the stock market experiencing a rapid influx of capital and Bitcoin’s price skyrocketing.
Trump's decision to lower tariff rates to 10% for countries that refrain from retaliatory tariffs was a strategic move to stabilize the trade environment. However, he also hinted at the possibility of increasing tariffs on China to 12.5% in response to China’s countermeasures, creating a volatile market environment characterized by high liquidity and significant price swings.
Timestamp: [12:07]
Treasury Secretary's announcement of removing regulatory barriers for Bitcoin and cryptocurrency marks a significant regulatory shift. This move is expected to pave the way for increased adoption and integration of cryptocurrencies into the mainstream financial system over the next four years.
This deregulation is anticipated to unleash a wave of innovation and investment in the crypto space, positioning Bitcoin and other digital assets for substantial growth and broader acceptance.
Timestamp: [15:45]
Amidst the escalating trade tensions, Bitcoin is increasingly being recognized as a safe haven asset, comparable to gold. The uncertainty in traditional financial markets has driven investors to seek refuge in Bitcoin’s liquidity and accessibility.
Hunter Horsley, CEO of Bitwise, emphasizes Bitcoin's advantage as it cannot be debased by any single nation, making it an attractive option for preserving value outside of traditional fiat currencies. However, Arali Barthier from Nansen cautions that while Bitcoin shows promise, its volatility still poses challenges compared to the stability of gold.
Timestamp: [20:10]
The episode covers the decline in Bitcoin Exchange-Traded Funds (ETFs), which saw a substantial outflow of $326 million. The largest sell-off occurred in BlackRock's iShares Bitcoin Trust ETF, losing over $252 million—marking the biggest daily outflow since February 26th.
This trend indicates a shifting relationship between traditional financial markets and the cryptocurrency sector, as investors navigate the heightened risks associated with ongoing trade tensions.
Timestamp: [22:37]
Arthur Hayes, founder of BitMEX, predicts that weakening of the Chinese Yuan due to money printing by the People's Bank of China will trigger capital flight into Bitcoin. He draws parallels to previous instances in 2013 and 2015 when similar economic pressures led to increased Bitcoin adoption.
Hayes also advises against investing in altcoins, suggesting that Bitcoin dominance is on the rise and will continue to overshadow lesser-known cryptocurrencies.
Timestamp: [25:15]
Billionaire and Block CEO Jack Dorsey voices a cautionary stance on Bitcoin’s future, emphasizing that without integration into daily transactions rather than purely serving as a store of value, Bitcoin risks becoming irrelevant.
Dorsey underscores the necessity for developing applications that facilitate easy, fast payments to rival traditional payment systems like Visa and MasterCard, ensuring Bitcoin remains a vital and utilized asset.
Timestamp: [28:01]
In the episode’s feature story, Justin Verrengia confirms reports from digital asset management firm VanEck that China and Russia are utilizing Bitcoin to settle energy trades. This strategic move is part of a broader de-dollarization effort, aiming to bypass the U.S.-dominated financial system.
Additional insights reveal that Bolivia plans to import electricity using cryptocurrency, and French energy utility EDF is exploring Bitcoin mining with surplus electricity exported to Germany. Max Kaiser, dubbed the "high priest of Bitcoin," elaborates that China and Russia view Bitcoin and gold-backed stablecoins as escape mechanisms from the traditional financial constraints imposed by the U.S.
This development signifies a transformative shift in global trade practices, where Bitcoin evolves from a speculative asset into a functional monetary tool, especially for nations seeking financial sovereignty and reduced dependency on the U.S. dollar.
Timestamp: [28:30]
Towards the end of the episode, JV engages with the audience through a live Q&A segment, addressing listener comments and questions. This interactive portion reinforces the community-driven nature of the podcast, allowing for real-time discussions on emerging crypto trends and listener perspectives on market movements.
Justin Verrengia wraps up Episode 1958 by reiterating the significant role Bitcoin is beginning to play in global finance, particularly among nations aiming to circumvent traditional financial systems. The episode underscores the dual forces of regulatory changes and geopolitical strategies shaping the future of cryptocurrencies, highlighting both opportunities and challenges ahead.
Listeners are encouraged to stay informed and engaged through the podcast’s various platforms, including its YouTube channel and website, to continue receiving premium crypto content and participate in live discussions.
Key Takeaways:
Stay updated with the latest in cryptocurrency by tuning into "Crypto News Alerts" daily, your premier source for breaking Bitcoin and crypto news.