Crypto X Today: Cathie Wood, Trump tariff policy, Van de Poppe, and more

There’s a light at the end of the tunnel, says Ark Invest’s CEO and Bitcoin evangelist Cathie Wood. She believes that the market turmoil triggered by POTUS Donald Trump at the beginning of April when he unveiled “reciprocal” tariffs, targeting most of the U.S.’s trading partners, may turn out to be beneficial. 

Here’s our recap of the most popular topics discussed on X today.

1. Cathie Wood challenges tariff criticism

Cathie Wood admitted that the post-Liberation Day tariff turmoil has been challenging for the financial markets – but there might be light at the end of the tunnel.

In a lengthy article on X, she noted that many observers fear that the Trump tariff policy is a recipe for economic and geopolitical disaster. However, “What looked at first glance like the largest and most regressive tax increase in US history could turn out to be quite the opposite,” she claims.

Her reason for optimism is that U.S. Treasury Secretary Scott Bessent is taking the lead in negotiating with the American allies. At the same time, “a chaotic situation based on incomprehensible ‘reciprocity” calculations” could in fact have been a setup for serious negotiations, she suggests, adding that this may lead to lower tariffs and non-tariff barriers, neither of “which would have been possible without the shock therapy that President Trump administered.”

Trump recently signaled a possible delay to auto tariffs but insisted that duties would soon cover phones, computers, and other major electronics. 

2. Anthony Pompliano believes that strong dollar is good for Bitcoin

Founder & CEO of Professional Capital Management and Bitcoin bull Anthony Pompliano deep-dives into the White House’s crypto policy.

He published a fresh snippet of his interview with Trump’s crypto guru Bo Hines on X about the administration's crypto plans. The interview touches upon the U.S. strategic bitcoin reserve, stablecoins, regulation, gold, tariffs, law enforcement, the motivational aspect of the Trump administration, the biggest surprises so far, and what Bo is looking forward to. 

“A strong US dollar is, in my personal opinion, also good for Bitcoin,” Pompliano noted, with many commentators agreeing with his take, adding that a “strong dollar might make Bitcoin a steal for international buyers—smart play for global accumulation!”

The interview comes at a time when the White House continues to bond its ties with the crypto world as part of Trump’s endeavor to put an end to “Biden’s war on crypto.”

3. Samson Mow looking for “a few brave dolphins”

JAN3 CEO and Bitcoin bull Samson Mow wants to fine-tune the DolphinCard, the world’s first Liquid BTC-powered Visa card, before its official launch.

In a post on X, he announced that he’s searching for beta testers, whom he calls “a few brave dolphins that fear no central banker.”  

“We’re getting ready to release the DolphinCard and need some testers (not in the US and Canada). You should  be willing to load the card with Liquid Network or Liquid USDT and use the card to pay online,” he said, clarifying that only 

individuals outside the US and Canada are eligible to participate. 

Mow's latest initiative highlights the increasing integration of cryptocurrencies into mainstream financial transactions as Bitcoin continues to challenge traditional payment methods like PayPal. 

4. Michaël van de Poppe signals potential Bitcoin breakout 

The CIO and Founder of MN Fund believes that BTC is eyeing a breakout while being stuck within a ‘final range.

In his fresh post on X, he suggests that if Bitcoin attempts to reach the $87K mark again, it may prompt a breakthrough leading to a rally towards a new all-time high. He further substantiates his point with a chart “which shows the M2 Supply is rallying back upwards,” adding that “if the correlation remains, then I assume that we'll see #Bitcoin rally to an ATH in this quarter” and this would “also imply a rise in CNH/USD, a fall in Yields, a fall in Gold, a fall in DXY, and a rise in # Altcoins.”

Not all users concur, however. While some believe that $87K could be the launching pad to an all-time high, others say that Bitcoin is in a “dangerous area right now. Low volumes, missing momentum.  Not the best signs.”

Read our previous recap here.