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China Raises Tariffs on US to 125%, Crypto Markets Steady

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On April 11, 2025, China’s State Council Tariff Commission issued an official notice announcing an increase in additional tariffs on imported US goods—from 84% to 125%. The new rate takes effect on April 12.

This move directly responds to the United States’ decision, announced on April 10, to impose a “reciprocal” 125% tariff on Chinese exports to the US.

Crypto Market Stays Calm Amid Escalating US-China Trade War

Despite escalating tensions between the world’s two largest economies, the cryptocurrency market has shown remarkable stability. Investors appear unfazed by the intensifying trade conflict.

Crypto market capitalization remains around $2.5 trillion. Bitcoin’s price holds above $81,000 after recovering 10% since April 9, when Trump announced a 90-day tariff pause, excluding tariffs on China.

Bitcoin Price Performance. Source: BeInCrypto.
Bitcoin Price Performance. Source: BeInCrypto.

According to the Chinese statement, the tariff hike follows China’s Customs Law, Tariff Law, and Foreign Trade Law. The government reaffirmed its commitment to international rules. It accused the US of violating global trade norms and called Washington’s policy “unilateral bullying.”

Notably, China warned that it would not respond to further tariff increases from the US, arguing that American goods have already lost their competitiveness in the Chinese market at the current tariff level.

“Given that US exports to China are no longer market-viable under the current tariff rate, China will not respond further if the US continues to raise tariffs on Chinese goods,” the statement said.

The tariff dispute is not new. Since 2018, the US and China have imposed retaliatory tariffs on each other. Key sectors affected include agriculture, tech, and energy.

The latest hike pushes tariffs to a record 125%. Economists warn this could disrupt global supply chains, raise prices, and add pressure to inflation in both nations.

Bitcoin miners also feel the impact as mining machine prices surge.

China’s tariff hike sends a strong message about its tough stance in trade negotiations. While the crypto market remains stable for now, analysts urge investors to monitor upcoming developments—especially any potential response from the US.

If no resolution is reached, the ongoing standoff could trigger a broader economic fallout. The world is now watching to see whether the trade war will de-escalate or further entrench the divide between the two economic superpowers.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Hackers are Targeting Atomic and Exodus Wallets

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Cybercriminals have found a new attack vector, targeting users of Atomic and Exodus wallets through open-source software repositories.

The latest wave of exploits involves distributing malware-laced packages to compromise private keys and drain digital assets.

How Hackers are Targeting Atomic and Exodus Wallets

ReversingLabs, a cybersecurity firm, has uncovered a malicious campaign where attackers compromised Node Package Manager (NPM) libraries.

These libraries, often disguised as legitimate tools like PDF-to-Office converters, carry hidden malware. Once installed, the malicious code executes a multi-phase attack.

First, the software scans the infected device for crypto wallets. Then, it injects harmful code into the system. This includes a clipboard hijacker that silently alters wallet addresses during transactions, rerouting funds to wallets controlled by the attackers.

Malicious Code Targeting Atomic and Exodus Wallets.
Malicious Code Targeting Atomic and Exodus Wallets. Source: ReversingLabs

Moreover, the malware also collects system details and monitors how successfully it infiltrated each target. This intelligence allows threat actors to improve their methods and scale future attacks more effectively.

Meanwhile, ReversingLabs also noted that the malware maintains persistence. Even if the deceptive package, such as pdf-to-office, is deleted, remnants of the malicious code remain active.

To fully cleanse a system, users must uninstall affected crypto wallet software and reinstall from verified sources.

Indeed, security experts noted that the scope of the threat highlights the growing software supply chain risks threatening the industry.

“The frequency and sophistication of software supply chain attacks that target the cryptocurrency industry are also a warning sign of what’s to come in other industries. And they’re more evidence of the need for organizations to improve their ability to monitor for software supply chain threats and attacks,” ReversingLabs stated.

This week, Kaspersky researchers reported a parallel campaign using SourceForge, where cybercriminals uploaded fake Microsoft Office installers embedded with malware.

These infected files included clipboard hijackers and crypto miners, posing as legitimate software but operating silently in the background to compromise wallets.

The incidents highlight a surge in open-source abuse and present a disturbing trend of attackers increasingly hiding malware inside software packages developers trust.

Considering the prominence of these attacks, crypto users and developers are urged to remain vigilant, verify software sources, and implement strong security practices to mitigate growing threats.

According to DeFiLlama, over $1.5 billion in crypto assets were lost to exploits in Q1 2025 alone. The largest incident involved a $1.4 billion Bybit breach in February.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Ethereum’s Buterin Criticizes Pump.Fun for Bad Social Philosophy

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Ethereum co-founder Vitalik Buterin believes that the direction of blockchain applications often mirrors the intentions and ethics of their creators. He cites that projects like Pump.fun are derived from bad social philosophy.

In a recent discussion, he highlighted how the impact—positive or negative—of crypto projects is shaped by the values driving their development.

Buterin Says Pump.fun and Terra Reflect What Not to Build in Crypto

Buterin praised a handful of decentralized applications that align with Ethereum’s long-term vision. These include Railgun, Farcaster, Polymarket, and the messaging app Signal.

On the flip side, he criticized platforms such as Pump.fun, Terra/Luna, and the collapsed FTX exchange, describing them as harmful examples of what not to build.

“The differences in what the app does stem from differences in beliefs in developers’ heads about what they are here to accomplish,” Buterin explained.

Railgun stood out as a key example. While it offers privacy features similar to Tornado Cash, it goes a step further by implementing Privacy Pools.

This system—co-developed by Buterin—allows users to stay anonymous while still proving their funds haven’t come from illicit sources.

Other projects Buterin praised include Farcaster, a decentralized social network protocol, and Polymarket, a crypto-based prediction platform.

Vitalik Buterin Talking about pump.fun
Vitalik Buterin Talking about Social Philosophy in Crypto. Source: Warpcast

In the past, he noted that tools like Polymarket could move beyond betting on elections and serve as useful mechanisms for improving decision-making in governance, media, and even scientific research.

Meanwhile, projects like Pump.fun—designed for launching memecoins on Solana—received harsh criticism.

Previously, the Ethereum co-founder had warned about schemes that prioritize hype over substance, such as Terra/Luna and FTX. He has also consistently urged the crypto space, especially DeFi, to build with ethical intent and long-term utility in mind.

How Developer Ethics Shape Blockchain’s Future

To explain his views on Ethereum’s unique development path, Buterin compared it to C++, a general-purpose programming language.

Unlike C++, Ethereum is only partially general-purpose. Many of its core innovations, like account abstraction or the shift to proof-of-stake, rely heavily on developers’ commitment to Ethereum’s broader mission.

“Ethereum L1 is not quite in that position: someone who doesn’t believe in decentralization would not add light clients, or FOCIL, or (good forms of) account abstraction; someone who doesn’t mind energy waste would not spend half a decade moving to PoS… But the EVM opcodes might have been roughly the same either way. So Ethereum is perhaps 50% general-purpose,” Buterin said.

Buterin furthered that Ethereum apps are around 80% special-purpose. Because of this, the ethical framework and goals of the people building them play a critical role in shaping what the network becomes.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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FARTCOIN Is Overbought After 250% Rally – Is the Bull Run Over?

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The Solana-based meme coin FARTCOIN has emerged as an unlikely outperformer over the past month. The altcoin has defied the broader market troubles and surged by nearly 250% in the past 30 days.  

However, buyer exhaustion could soon set in, potentially triggering a wave of profit-taking among FARTCOIN holders eager to lock in gains.

FARTCOIN Enters Overbought Zone 

FARTCOIN’s triple-digit rally has pushed its price above the upper band of its Bollinger Bands (BB) indicator, a sign that the meme coin is overbought. 

FARTCOIN Bollinger Bands.
FARTCOIN Bollinger Bands. Source: TradingView

The BB indicator identifies overbought or oversold conditions and measures an asset’s price volatility. It consists of three lines: a simple moving average (middle band) and two bands (upper and lower) representing standard deviations above and below the moving average. 

When the price breaks above the upper band, it means the asset’s current value is moving significantly away from its average, making it overbought and due for a price correction.

This pattern suggests that FARTCOIN’s current price level may not be sustainable, increasing the likelihood of a near-term pullback.

Moreover, readings from the token’s Relative Strength Index (RSI) confirm its nearly overbought status. At press time, this momentum indicator rests at 69.09. 

FARTCOIN RSI.
FARTCOIN RSI. Source: TradingView

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

At 69.09, FARTCOIN’s RSI signals that the meme coin is nearly overbought. Its upward momentum may be weakening, and a price correction could be near.

Will It Hit $1.16 or Slip Back to $0.37?

If the current momentum fades, FARTCOIN could face a short-term correction that causes it to shed some recent gains. In that scenario, the Solana-based asset could retest support at $0.74.

Should it fail to hold, the downtrend strengthens and could continue toward $0.37. 

FARTCOIN Price Analysis.
FARTCOIN Price Analysis. Source: TradingView

However, if FARTCOIN maintains its uptrend, it could rally to $1.16. 

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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