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Panic selling has caused a 5.63% decrease in XRP price over the past twenty-four hours. On April 2, President Trump’s latest tariff package sent the entire cryptocurrency market into panic mode. This resulted in over $140 billion in losses for the wider market. At press time, the token was changing hands at a price of $2. This figure equates to a 3.69% loss on a year-to-date (YTD) basis. XRP price 1-day and year-to-date (YTD) charts. Source: Finbold It appears that a drop below $2 due to the tariffs is imminent. While bullish traders managed to keep the drop in XRP price from breaching the psychologically important level of support on April 1, at present, there simply is no bullish catalyst strong enough to stop the sell-off. Picks for you New crypto listings are crushing gold, stocks, and even Bitcoin - Report ...

Circle wants to IPO, and its S1 filing details the staggering difference between the regulated, US-based stablecoin issuer and its offshore competitor, Tether. Despite their relatively similar sizes, the financials of the world’s two largest stablecoin issuers are miles apart. As of December 31, 2024, there were 137.4 billion circulating USDT and 43.9 billion circulating USDC. Despite USDC’s market capitalization being approximately one-third of USDT, their profitability diverges massively. Specifically, Tether reported a gross profit of  $13 billion that year , while Circle reported just $156 million in net income.  Specifically, Tether reported a gross profit of $13 billion that year, while Circle reported just $156 million in net income. In percentage terms, the market capitalization of USDT was just 213% bigger than USDC, yet its profit was roughly 8,000% bigger . It certainly begs the question of how Tether achieved its extraordinary gains. How come @circle h...

There is no denying that 2025 has not been kind to the US stock market this year. One of the biggest surprises has been Nvidia (NVDA), with the tech giant losing $1 trillion in market cap and dropping 10%, leading many investors to question what could be next for the AI chipmaker. There was no company that had a better 2024 than Nvidia, jumping more than 174% that year. However, a combination of geopolitical uncertainty and economic fragility has forced it into a troublesome position this year. For now, all eyes are on the potential turnaround for a company that, at one point, had eyed a $4 trillion market cap record. Source: Investopedia Also Read: Nvidia (NVDA): Jim Cramer Says Stock Is Still Best Bet in 2 Key Areas Nvidia Stock Keeps Falling in 2025: When Will Things Turn Around? It is incredible to think that just three months ago, Nvidia had closed at an all-time high price of $149.43. Then, it had an astonishing market cap of $3.7 trillion. Yet, its falling value this year has th...

BlackRock CEO Larry Fink has warned that Bitcoin’s growing appeal as a safe-haven asset could threaten the US dollar’s global dominance. In his Annual Chairman’s Letter to Investors, the BlackRock CEO wrote that decentralized finance is “an extraordinary innovation,” but added that this same innovation “could undermine America’s economic advantage if investors begin seeing Bitcoin as a safer bet than the dollar.”  US Could Default On Ballooning Debt By July Fink’s warning comes as the US’s gross national debt hit $36.2 trillion on March 5, according to the country’s Joint Economic Committee. The national debt is rising at a rate of $1.8 trillion per annum, which equates to $4.9 billion per day.  Should the debt continue to rise, the Bipartisan Policy Center warned this month that the US could default on its debt by as early as July 2025. Despite this, Moody’s Ratings has retained the US’s AA...

Elon Musk clarified Dogecoin (DOGE) role in the United States Government, frustrating some growing expectations and causing DOGE to crash. Expectations were related to Musk’s position in Donald Trump’s administration with the Department Of Government Efficiency (D.O.G.E.). Historically, Dogecoin performance and massive success featuring among the most valuable cryptocurrencies is directly connected to the multi-billionaire. From late December 2020 to early May 2021, DOGE surged by 23,740% – from $0.00310 to $0.739 – as Musk showed public support to Dogecoin, mostly via memes on Twitter (now X). Dogecoin (DOGE) price chart, one-week (1W) candlesticks. Source: TradingView / Finbold Elon Musk clarifies US Government intentions related to DOGE However, in a rally in Wisconsin, Elon Musk answered a question on whether Dogecoin would be used by the government. Reuters published the video on March 30 and Musk answers the question at the 00:23:37 timestamp. ...

Ethereum’s blockchain transitioned from work-based security to a financialized security model on September 15, 2022. Since it forked to proof-of-stake (PoS), ether (ETH) has made new lows against bitcoin (BTC). The Merge (and earlier changes like EIP-1559) were supposed to cleanse the blockchain of its electricity-guzzling stigma, and the community latched onto the changes in ETH issuance as a new era for ETH as deflationary, “ultrasound money” Instead, the event simply marked one of the best-ever prices to have sold ETH for BTC . With the price of ETH now trading at a four-year low against BTC, consider these additional metrics of underperformance. Price Ether’s price — the first and most important metric — is a disappointing starting point. When it celebrated its move to PoS, it cost 0.074 BTC to buy one ETH. ETH then proceeded down a never-ending slide.  Today, it costs just 0.022 BTC to buy one ETH — 70% cheaper than when it was secured by ...

Shiba Inu burn events are making quite a stir in the crypto world. Well, another massive 1 billion SHIB tokens are being removed from circulation. Despite these pretty significant burns happening one after another, many investors and Shiba Inu coin enthusiasts are wondering why these actions haven’t actually translated to any noticeable price movements for the popular meme coin. Source: Shibburn Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu Burn & Price Impact: What Investors Need to Know Source: Watcher Guru Another Billion SHIB Vanishes A massive Shiba Inu burn of 1 billion tokens was executed just recently. This marks the second such event within a three-day timeframe. The burn was performed by the same anonymous wallet that previously incinerated another billion SHIB. Therefore, it brings their total to an impressive 2 billion SHIB removed from circulation in less than a week. Lucie, the marketing expert for the Shiba Inu team, noted on soc...

Cardano is one of the leading cryptocurrency tokens to exist in the current market. The token has primarily been showcasing a stable price recovery; however, mild fluctuations continue to hover and gnaw at Cardano from time to time. Will ADA be able to surge and spark a new price rally by April 2025? Let’s find out. Also Read: French Investor’s 580 BTC Purchase Yields Unprecedented 709.8% Return Cardano: What’s New? Cardano is currently sitting at a new price spot of $0.73, down 1% in the last 24 hours. The token has documented a rise of 7% in the last one month, showcasing the vigor and mettle that keeps the token persistent in the current mellow market space. In the middle of this, Trump has officially included Cardano in his strategic crypto reserve, which has significantly helped ADA brighten its prospects. $ADA will be part of the US Strategic Reserve pic.twitter.com/eIOpPK9n7p — Splash (@splashprotocol) March 2, 2025 At the same time, ADA is also charting its independ...

Bitcoin (BTC) has hit multiple all-time highs over the last few months. The original cryptocurrency hit a high of $108,786 earlier this year in January. The rally was likely due to President Donald Trump’s inauguration. Trump’s pro-crypto policies may have led to a spike in market participants. Also Read: Trump Sells 1,000 ‘Gold Card’ Visas Per Day, Each Worth $5 Million Bitcoin’s Price Correction Source: Watcher Guru Since its January highs, BTC’s price has struggled to gain momentum. The asset’s price descended to below $79,000 earlier this month. The dip was likely due to macroeconomic headwinds and global trade wars. The US announced tariffs against Canada, Mexico, and the European Union (EU). The move led to a dip in investor sentiment. Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! Bitcoin (BTC) has since reclaimed the $87,000 mark. The market resurgence is probably due to the US easing its tariffs and the Fed pausing ...

The world’s largest cryptocurrency, Bitcoin (BTC), is currently going through a slump. Despite this, it is important to note that the king coin has recorded a notable spike throughout the past year that pushed BTC above $100,000. While Donald Trump’s historic win played a prominent role in this, Bitcoin halving that occurred in April 2024 also acted as a catalyst. This article dives into how much an investment made during the halving event would turn into today. Also Read: Cardano Prediction: AI Sets ADA Price For March 31, 2025 How High is Bitcoin Trading Today? Source: Watcher Guru The past month has been challenging for Bitcoin. The king coin throughout the past seven days has witnessed a slight recovery of 5.21% and was seen reaching towards $90,000. At the time of writing, BTC was trading at $87,188.68 following a 0.05% dip in the past 24 hours. Source: CoinMarketCap Bitcoin’s latest halving took place on April 20, 2024. During this period, they decrease the amoun...

In his latest endorsement of his tariff plan on foreign countries, US President Donald Trump says the tariffs will help lower taxes in the US. Trump held a meeting with his Cabinet on Monday, where he addressed his ongoing tariff plan. Before the meeting, Trump also said he would impose a 25% tariff on any country that buys oil or gas from Venezuela, the latest in a long line of tariffs. JUST IN: President Trump says tariffs will help lower taxes. — Watcher.Guru (@WatcherGuru) March 24, 2025 Trump’s tariff plans have been analyzed and criticized by several experts since he returned to office this past January. While the 47th President claims the tariffs will ultimately benefit the US and taxpayers, many experts suggest it’s not that simple. Trump wants to eliminate income tax for those earning less than $150,000 and replace it with tariff revenue. However, some economic policy experts say there isn’t a big enough tax base for imported goods to completely replace revenue fro...

The chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world. According to a new report by Reuters, Tether CEO Paolo Ardoino says the company is in talks with one of the Big Four accounting firms – KPMG, Deloitte, EY and PwC – to receive an audit of its reserves, though no specific group was named. Tether says it holds dollar-denominated reserves for each USDT token it creates and an audit would help improve the transparency of said reserves, which are currently subject to quarterly reports rather than full-on audits. Ardoino told Reuters that getting a full audit is a “top priority” for Tether, a task he says will be easier to achieve under President Donald Trump, who recently signed an executive order to establish a crypto strategic reserve. “It’s our top priority. Now we are living in a landscape where it’s actually feasible… If...