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  • 🚨 The Latest in Web3 – Key Crypto & Blockchain Updates You Need To Know!

🚨 The Latest in Web3 – Key Crypto & Blockchain Updates You Need To Know!

News

Grayscale has announced the launch of its Bitcoin Covered Call and Bitcoin Premium Income ETFs. The asset manager stated that these funds seek to allow investors to access Bitcoin’s volatility characteristics as a “differentiated source of income.”

US President Donald Trump’s Liberation Day is finally here. He plans to unveil several reciprocal tariffs, which could significantly impact the crypto market. The Bitcoin price has surged ahead of this event, although it remains unknown if it will stay that way after the announcement.

Markets

A top crypto market analyst has stated that Ethereum is “extremely undervalued” after recording four consecutive months of negative returns. This prediction comes after the Ethereum network flipped Solana in a key metric, signaling a possible trend reversal.

Bitcoin price has moved into a local bear market after reaching an all-time high of $109,300 in January. It has dropped by 22% as investors remain concerned about Donald Trump’s tariffs. However, billionaire Michael Bloomberg is warning about a grim fiscal reckoning in the US, which could be a tailwind for BTC price.