5 Must Reads in the Evening | 8 Major Stable Coins Revenue Guide

Reprinted from jinse
04/10/2025·21D1. Tariff War, Stagflation and BTC: BTC is becoming more and more like gold
in the 1970s
Bitcoin prices have continued to fall since the White House announced new reciprocity tariffs, but we believe tariff policies and trade tensions will ultimately have long-term benefits for it. First, high tariffs fuel stagflation, which is often unfavorable to traditional assets returns but is beneficial to scarce commodities such as gold. Although Bitcoin has not experienced the past stagflation cycle, it is increasingly regarded as a modern storage of value as a digital scarce commodity. Secondly, trade frictions may weaken the dollar's reserve currency status, prompting central banks to diversify foreign exchange reserves, and Bitcoin may benefit as a non-sovereign asset. Click to read
2. Counterattack, negotiation and surrender——The appearance of sentient
beings under Trump’s tariffs
Trump used the trick of carrots and sticks: on the one hand, after increasing China's tariffs to 104% on the morning of the 9th, it increased to 125% on the morning of the 10th; on the other hand, suspending "reciprocity tariffs" in other places for 90 days in order to "give sufficient time to negotiate." The direction of things is not surprising: on the one hand, Trump had previously made a harsh statement on Truth Social that "Don't fight back, continue to increase taxes" and if he doesn't say anything, he must increase taxes on China, he will not be able to come to Taiwan in terms of face; on the other hand, the capital market reflects investors' concerns about the US economic recession, and some people in the political arena have many complaints about Trump (such as a Congress proposal to restrict the president's tariff rights), which all need Trump to respond. Click to read
3. Why did it suddenly announce the suspension of tariffs? Several
insiders revealed
On Wednesday (9th), US President Trump said in an explanation of his sudden announcement of suspending "reciprocal tariffs" for three months that the outside world is "a bit overreacting" on the tariff issue. "They're starting to get very noisy," Trump said in an explanation of the increasing criticism from the White House over the past week. "They're a little noisy and a little scared." Click to read
4.8 Big Stablecoin Income Guide
The crypto market has been lackluster recently, and conservative and steady returns have once again become market demand. Therefore, based on my investment experience in recent years and the concentrated research results of the stablecoin field at the end of last year, let’s talk about the ancient but evergreen topic of stablecoin returns. Click to read
5. Bitcoin’s bull and bear cycle does not equal the bull and bear cycle of
the crypto ecosystem
A reader wrote in a message: The bubble was punctured, allowing the currency circle to return to calmness, and all markets to return to calmness. Now it is a good thing, and it is also a mirror of demonic appearance. It is hard to say about other markets, but I think the crypto ecosystem should indeed return to calmness. As an investor, we should reflect on the various ambiguous, incredible but considered "normal" views and ideas accumulated over the years. In recent years, we often say that the bull-bear cycle of the crypto ecosystem is four years, and this "four-year" cycle is caused by the halving of Bitcoin. Click to read