Axie Infinity $AXS is gaining attention as the crypto market stabilizes. The gaming token shows signs of recovery, supported by renewed interest in Web3 gaming and NFT ecosystems. Despite remaining far below its all-time high, $AXS continues to attract traders watching momentum and volume shifts.
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Trump Imposes 10% Tariffs on EU Goods — What It Means for Bitcoin
President Trump has announced 10% U.S. tariffs on imports from eight European countries — including the UK, France, Germany, Sweden, Denmark, Finland, Norway, and the Netherlands — as part of pressure related to Greenland negotiations. If no deal is reached, tariffs could rise to 25% by June 1st.
This trade escalation has already raised market uncertainty, which typically affects risk assets like Bitcoin. Historically, tariff-driven volatility has triggered sharp $BTC price swings and broader crypto sell-offs as investors retreat from risk.
However, some traders see **crypto as a hedge during geopolitical tensions**, so Bitcoin’s reaction could be mixed — with heavy short-term volatility but potential long-term demand if confidence in fiat systems weakens.
Bitcoin briefly falling below $90,000 sparked a broader market sell-off driven by risk-off sentiment and liquidation pressure, which could negatively impact $ASTER by reducing liquidity, increasing volatility, and causing short-term price weakness as investors tend to exit smaller altcoins when Bitcoin shows instability.
$BTC broke the key support zone after prolonged consolidation under a descending trendline. Current price reaction will determine whether this move is a fake breakdown or the start of a deeper correction. Caution is advised as volatility increases. 📉📊 #MarketRebound #BTC100kNext?
Why Ethereum’s Walkaway Test and Quantum Readiness Matter More Than Ever
$ETH co-founder Vitalik Buterin introduced the walkaway test as a measure of Ethereum’s long-term sustainability: the network must remain secure and fully functional even if its core developers stop working on it. The ultimate goal is for the protocol to “ossify,” operating like a reliable tool that does not depend on constant upgrades. A key focus is readiness for quantum computing threats, including the transition to post-quantum cryptography, to ensure Ethereum remains secure and cryptographically relevant in the future.
Injective is showing early signs of on-chain recovery, with TVL reaching $23.95M, supported by strong stablecoin dominance and steady network activity. While DEX and perpetual volumes remain low, rising liquidity suggests renewed confidence. $INJ continues to stand out as a high-performance DeFi ecosystem asset.
Legal Barriers Stall White House Bitcoin Reserve Plans
The White House has signed an executive order to create a US Strategic Bitcoin Reserve, but progress has stalled due to obscure and outdated legal restrictions. These laws limit how federal agencies can acquire Bitcoin, allowing only seized assets rather than open-market purchases. As a result, government departments face uncertainty over authority and compliance, delaying implementation. Ongoing legal reviews between agencies aim to clarify whether current laws can be adapted to support a functional national Bitcoin reserve.
Impact on Crypto: Short-term market uncertainty and cautious investor sentimentHighlights the need for clearer crypto regulationsPotential Bitcoin price volatilitySlower institutional and government adoption of crypto assets
Trump moves on the Fed, NFT Paris cancelled: Global Express
President Donald Trump has directed the U.S. Department of Justice to open a criminal investigation into Federal Reserve Chair Jerome Powell, accusing misallocation of funds related to Fed office renovations — a claim Powell denies as politically motivated.
In crypto news, Coinbase has paused fiat services in Argentina, stopping peso deposits and withdrawals temporarily.
The NFT Paris conference was cancelled due to weak market conditions, reflecting ongoing struggles in the NFT sector.
Wyoming launched its own state-backed stablecoin (FRNT) on Solana, aiming to boost financial innovation.
Italy’s regulator warned financial influencers (“fin-fluencers”) that promoting crypto comes with legal responsibilities under EU law.
Lastly, Moldova plans to align crypto laws with the EU’s MiCA regulation, though crypto won’t be legal tender.
Trump Imposes 10% Tariffs on EU Goods — What It Means for Bitcoin
President Trump has announced 10% U.S. tariffs on imports from eight European countries — including the UK, France, Germany, Sweden, Denmark, Finland, Norway, and the Netherlands — as part of pressure related to Greenland negotiations. If no deal is reached, tariffs could rise to 25% by June 1st.
This trade escalation has already raised market uncertainty, which typically affects risk assets like Bitcoin. Historically, tariff-driven volatility has triggered sharp $BTC price swings and broader crypto sell-offs as investors retreat from risk.
However, some traders see **crypto as a hedge during geopolitical tensions**, so Bitcoin’s reaction could be mixed — with heavy short-term volatility but potential long-term demand if confidence in fiat systems weakens.