Daily Crypto NewsEDITION #1182, 08 April

Animation Day

Today, April 8, 2025, is Russian Animation Day — it's over 110 years old now. The countdown starts from the first official premiere. On April 8, 1912, viewers saw “The Beautiful Lukanida, or the War of the Stag Beetles and the Dung Beetles.”

Vladislav Starevich turned a bunch of dead bugs into art. Here’s a link to watch it.

Major news today:

- Linea will hold its TGE after the market shifts from bearish to bullish. Well, at least TGE is happening — let’s be grateful for that…

- So why did the market bounce back? Simple: Trump is considering suspending mutual tariffs for 90 days for all countries except China — said Kevin Hassett. Though the White House seems to know nothing about these suspensions... what a circus.

- Yesterday, Ark Invest bought $13.3M worth of Coinbase stock. Before that (in March), another $5.2M, and before that, $11.5M. Coinbase is heavily betting on Trump — if his strategy leads to wins, they’ll be rolling in it. If not… well, you get it.

- Elon Musk is asking Donald Trump to cancel import tariffs from the EU and China. Oh look, someone’s stepping out of line with the party.