Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Crypto Markets Rebound: Crypto markets surged after Trump paused tariffs on Canada and Mexico, boosting Bitcoin past $100K and Ethereum above $2,800.

2. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Wigwam Wallet Potential Airdrop Guide” to learn more on how to qualify and participate in the Wigwam Wallet potential airdrop!

3. Eric Trump Backs ETH: Ethereum jumped past $2,900 after Eric Trump encouraged followers to “add ETH.”

4. 💡Feature of the Day - $10B Crypto Liquidation: Bybit CEO estimated $10B in crypto liquidations after fears of a global trade war. Over 730,000 traders were liquidated, with one Binance trade losing $25.6M.

   
   All this and more in today’s headlines!

📰 News Highlights:

Crypto Markets Rebound [Source][Source][Source][Source]

Crypto markets saw a sharp recovery after US President Donald Trump announced a temporary hold on tariffs against Canada and Mexico.

Following negotiations, Canada agreed to implement a $1.3 billion border plan to curb illegal activities, while Mexico committed to strengthening security measures.

These agreements led to a positive reaction in financial markets, with Bitcoin crossing the $100,000 threshold after dropping to $92,000 the previous day.

Analysts speculate that the US government’s sovereign wealth fund could soon allocate investments into Bitcoin and other digital assets.

🪂Airdrop Essentials🎁:

Wigwam Wallet Potential Airdrop Guide

Wigwam is a secure, self-custodial Web3 wallet supporting EVM-compatible blockchains.

It offers phishing protection, hardware wallet integration, and an intuitive interface for all users.

Now, Wigwam has launched a points and check-in system, rewarding users for completing tasks within the app—potentially leading to future airdrops.

With strong security features like multi-party computation (MPC) and broad blockchain support, it's a wallet worth exploring.

🔗 Read the full Wigwam Wallet Airdrop Guide here!

Eric Trump Backs ETH [Source][Source][Source]

Ethereum surged past $2,900 following tariff relief announcements and a public endorsement from Eric Trump.

Trump, involved in the Trump family’s crypto platform, posted on X encouraging his followers to “add ETH,” contributing to bullish sentiment.

While the post was later edited, the market responded positively, driving Ethereum’s price higher.

On-chain data shows that World Liberty Financial, a Trump-affiliated crypto platform, transferred $307 million in assets to Coinbase custody while purchasing additional Ether.

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💡 Feature of the Day: 

$10B Crypto Liquidation [Source][Source][Source]

The recent market downturn led to an estimated $10 billion in liquidations, according to Bybit CEO Ben Zhou.

While CoinGlass initially reported $2.24 billion in liquidations, Zhou claims the actual figure could be five times higher due to API limitations on data reporting.

Bybit alone saw $2.1 billion in liquidations, highlighting the scale of capital loss triggered by macroeconomic concerns.

The massive sell-off was fueled by fears of a global trade war after Trump imposed tariffs on China, Canada, and Mexico.

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And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com