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JUST IN: 🇺🇸 Over $2.1 trillion wiped out from US stock market at open.

The current state of bitcoin adoption and the cryptocurrency’s status as digital gold and a store of value are being criticized by bitcoiners who advocate for a more practical function. Jack Dorsey, CEO of Block, a bitcoin tech company currently working on creating its own bitcoin mining solutions, believes that bitcoin can still fail at this stage by becoming irrelevant to addressing the problems it was first designed to solve. At the Presidio Bitcoin’s 21 in 21 podcast, when asked about the possible causes of a hypothetical bitcoin failure, Dorsey remarked that irrelevance might cause bitcoin’s downfall in the long term, signaling a shift toward payments as one of the elements to prevent this outcome. “I think it has to be payments for it to be relevant uh 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,” Dorsey assessed, remarking payments as the main driver behind the adoption that would save bitcoin. Later in the podcast, Dorsey mentioned payments again as the main mitigating solution to a hypothetical bitcoin failure outcome. He noted that to prevent this ill fate, bitcoiners need to be “building simple, accessible experiences that solve the payment use case making it scale making it fast like giving the speed of the Visa and Mastercard networks real competition.” Dorsey also criticized bitcoin’s lightning network, the microtransaction-oriented layer 2 protocol, calling to open bitcoin for more complementary protocols to be launched, considering elements such as ease of use and practicality. “I think we can do better than lightning, and it’s not that like lightning is bad, it’s just challenging,” Dorsey concluded. Read more: Jack Dorsey’s Block Bets Big on Bitcoin Mining 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

A tumultuous week lies ahead, with global stock and commodity markets already reeling from Donald Trump’s trade war. Crypto market sentiment is deep in bearish territory as the selloff accelerates, and this could well continue over the coming week as March inflation data is released in the United States. Additionally, President Trump’s tariff policies are scheduled to take effect Wednesday, with China’s retaliatory measures following on Thursday. Responses to Trump’s reciprocal tariffs are likely to begin on Monday as nations across the globe figure out how to offset the impact. Fear is growing among Investors that Trump’s new tariffs would slow down US and global economic growth, and increase inflation. The minutes of Federal Reserve’s March Federal Open Market Committee meeting will be released on Wednesday, giving possible insights into the central bank’s next move. Thursday’s Consumer Price Index (CPI) report will also be closely eyed as investors gauge price pressures following the tariff announcements. Economists expect March inflation to remain unchanged after February’s steeper-than-expected decrease, but recession fears have been reignited. Thursday will also see data on initial jobless claims released, shedding light on labor markets in the United States. Friday will see the Producer Price Index (PPI) report released, highlighting wholesale price trends that can ultimately affect consumer prices. Preliminary consumer sentiment data is also released Friday, and this includes consumer price expectations, an indicator of future inflation trends. If global tariff tensions escalate or economic data disappoints, the selling pressure will likely continue throughout the week. It is also a big week for bank first-quarter earnings, with JPMorgan Chase, Wells Fargo, Bank of New York Mellon, Morgan Stanley, and BlackRock slated to report quarterly results. Crypto markets have seen one of the largest daily declines of the year, with a 9% slump in total capitalization. Around $250 billion has left the space in less than 24 hours, resulting in a fall to $2.5 trillion in total cap. Bitcoin fell 8% to just over $74,000 in its largest dump since March 11. Momentum remains bearish, and further losses are more likely than gains in the current economic outlook. Ethereum is at bear market lows, having fallen a whopping 18% to $1,450, its lowest level since October 2023. The altcoins are a sea of red this morning, with double-digit losses for XRP, Solana, Dogecoin, Cardano, Chainlink, and Stellar as the crypto exodus continues.

Cardano ( ADA ) just went through one of its sharpest drops this year, crashing 16.36% in the past 24 hours alone. This massive move comes as part of a broader crypto market selloff, with multiple altcoins losing double digits in a matter of hours. ADA, in particular, was hit hard, sliding down to its current price of $0.53. Here are the latest Cardano stats: ADA/USD 1-day chart - TradingView Cardano is now trading right on top of a major support zone between $0.50 and $0.52, a level that has previously acted as a strong floor for ADA prices. --> You can easily trade cryptos and earn even in bear markets. Some exchanges like Bitget give traders the ability to open short positions and make money from falling prices. Get started with Bitget using this link , and get 100% transaction fee rebates in BGB on your first transaction. This isn’t just an ADA issue – the entire crypto market is in a downtrend. The main reasons behind this sharp drop include: Total Crypto Market Cap in USD - TradingView Cardano , being a top altcoin, is naturally caught in the storm. But the intensity of its crash—over 16% in just 24 hours—puts it among the worst-performing major coins right now. Now the big question: Is ADA done crashing, or will it go lower? 🟢 Short-term bounce possible: If the broader market takes a breather, we could see ADA rebound to around $0.58, which was a recent resistance level before the crash. 🔴 If the market continues to drop: ADA could breach the $0.50 support, sending prices down toward $0.48 and possibly $0.45, which are the next strong support levels. So far, no bullish reversal has formed yet – and unless we see some relief in Bitcoin and Ethereum, the pressure on ADA is likely to continue. Cardano ( ADA ) just went through one of its sharpest drops this year, crashing 16.36% in the past 24 hours alone. This massive move comes as part of a broader crypto market selloff, with multiple altcoins losing double digits in a matter of hours. ADA, in particular, was hit hard, sliding down to its current price of $0.53. Here are the latest Cardano stats: ADA/USD 1-day chart - TradingView Cardano is now trading right on top of a major support zone between $0.50 and $0.52, a level that has previously acted as a strong floor for ADA prices. --> You can easily trade cryptos and earn even in bear markets. Some exchanges like Bitget give traders the ability to open short positions and make money from falling prices. Get started with Bitget using this link , and get 100% transaction fee rebates in BGB on your first transaction. This isn’t just an ADA issue – the entire crypto market is in a downtrend. The main reasons behind this sharp drop include: Total Crypto Market Cap in USD - TradingView Cardano , being a top altcoin, is naturally caught in the storm. But the intensity of its crash—over 16% in just 24 hours—puts it among the worst-performing major coins right now. Now the big question: Is ADA done crashing, or will it go lower? 🟢 Short-term bounce possible: If the broader market takes a breather, we could see ADA rebound to around $0.58, which was a recent resistance level before the crash. 🔴 If the market continues to drop: ADA could breach the $0.50 support, sending prices down toward $0.48 and possibly $0.45, which are the next strong support levels. So far, no bullish reversal has formed yet – and unless we see some relief in Bitcoin and Ethereum, the pressure on ADA is likely to continue.

Meta has just unveiled Llama 4, its most advanced artificial intelligence model to date. According to David Sacks, AI advisor at the White House, this technological advancement restores the United States’ advantage in the global competition for AI supremacy. David Sacks, special advisor for AI and crypto to the Trump administration, praised Meta’s advancements regarding their new AI model. In a message posted yesterday on his X account, he stated that “Meta’s Llama 4 puts the United States back in a dominant position in the race for artificial intelligence”. “For the United States to win the AI race, we must also excel in open source, and Llama 4 puts us back in the lead”, he asserted , in a context where technological rivalry is intensifying between Washington and Beijing. This statement comes shortly after his appointment following President Trump’s inauguration in January 2025. Sacks had already emphasized the importance for the United States to remain vigilant despite its lead in this strategic field. The launch of Llama 4 is part of a global innovation dynamic where major powers are investing heavily in AI, now seen as a matter of national sovereignty, comparable to energy or military sectors. Meta asserts that its new Llama 4 Scout and Llama 4 Maverick models are “the most advanced to date” and “the best in their class for multimodality.” These claims are supported by performance tests that position Meta’s models ahead of their main competitors. The Llama 4 Scout model, equipped with 17 billion active parameters and utilizing 16 experts, would outperform competitors like Gemma 3, Gemini 2.0 Flash-lite, and Mistral 3.1 “across a wide range of recognized benchmarks“, according to data shared by the company. Even more impressive, Llama 4 Maverick, also equipped with 17 billion parameters but configured with 128 experts, would match or exceed the performance of GPT-4o and Gemini 2.0 Flash models. Meta highlights that Maverick offers comparable capabilities to DeepSeek v3 for reasoning and coding tasks while utilizing only half the active parameters of its competitor. This breakthrough realizes Mark Zuckerberg’s ambitions, who announced in July 2024 that the Llama models would become “the most advanced in the industry” by 2025. A bet that seems well on its way to being realized, just two years after the launch of the first version of Llama in February 2023. The strengthened position of the United States in the AI race comes as other major initiatives multiply in the sector, such as the recent record fundraising of 40 billion dollars by OpenAI, bringing its valuation to 300 billion. In this context of global competition, Europe is also seeking to position itself, notably through strategic investments like the AI campus project funded by the United Arab Emirates in France .