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In what could be a major shake-up of the industry, Ripple has reportedly offered to buy Circle, the issuer of the USDC stablecoin. Indeed, the company proposed a complete takeover of the company for an offer of around $5 billion, according to a Bloomberg report. The offer was rejected for being too low, according to sources. Moreover, the report notes that the XRP issuer is still considering another offer to acquire the stablecoin firm. In late 2024, Ripple launched its RLUSD stablecoin, creating direct competition with the USDC issuer. JUST IN: Ripple offers to acquire Circle $USDC stablecoin issuer, Bloomberg reports. — Watcher.Guru (@WatcherGuru) April 30, 2025 Also Read: USDC Issuer Circle Approved As Money Service Provider in Abu Dhabi Ripple Proposes $5 Billion Bid to Buy Circle as Stablecoin Issuer Eyes IPO The ongoing growth of the stablecoin industry has been undeniable. Indeed, the total market capitalization of the asset class has officially surpassed the $241 billion mark. ...

Donald Trump’s Trump Media and Technology Group is considering expanding its crypto ambitions by introducing a utility token and digital wallet. In an April 29 letter to shareholders, CEO Devin Nunes said the firm is exploring a Truth Social digital wallet where the token could be used for Truth+ subscriptions and other products within the Truth ecosystem. The token would also support a planned rewards program across the company’s services. Trump Media’s crypto push also includes the development of “America first”-themed financial products such as ETFs (exchange-traded funds) and separately managed accounts (SMAs), with custody provided by Charles Schwab. The company said in January that it would invest up to $250 million of its cash reserves in Bitcoin and other digital assets The shareholders’ letter comes after Trump Media hinted at launching its own crypto payments offering in November last year, when it filed a trademark application with the...

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Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages of a lengthy rally. The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki (FLOKI) is just beginning its ascent. “+40%, no dips. We are just getting started.” Source: Inmortal/X Earlier this month, Inmortal predicted that “god candles” would be coming for FLOKI. At time of writing, FLOKI is trading at $0.000079 and is down 77% from its all-time high. Inmortal also has his eye on Solana (SOL). According to the trader, next month will decide whether the top Ethereum (ETH) rival can pull off a bullish reversal. The trader believes that Solana may either print a bullish higher low setup or continue its downtrend next month. “You can’t imagine how important May is. In the next 30 days, we will have a pretty clear answer: Bear market bounce or bull market dip....

De-dollarization in 2025 is rapidly advancing as the global flow of capital is not flowing into the US economy. China and several other developing countries are offloading US bonds and treasuries and replacing them with gold. While China, Russia, Brazil, South Africa, and India were the usual preparators, European nation Poland has also joined the league. Just recently, Poland purchased 16 tonnes of gold to diversify its assets in the central bank reserves. The accumulation beat China in terms of volume for April making it the biggest purchase of the month. Also Read: De-Dollarization: EU at Risk of U.S. Financial Coercion, ECB Pushes Digital Euro In addition, Reuters reported that global funds through equities, bonds, and US Treasuries are declining as trade wars loom. A portion of global capital from institutional funds and retail investors is now moving toward other countries, currencies, and bonds. This is for the first time that demand for US financial assets is declining as de-do...

The US pressed sanctions on Russia in February 2022 after they invaded and waged war on their neighboring country Ukraine. The sanctions were aimed at stalling Russia’s growth and bringing its overall economy and GDP down. Russia teamed up with the BRICS alliance and the bloc kick-started the de-dollarization agenda to counter the US sanctions. Also Read: BRICS: China Officially Launches Plan to Promote Its Own Payment System The BRICS bloc rewrote trade deals allowing Russia to send and accept local currencies for trade and cross-border transactions. China, India, and Saudi Arabia made use of the US sanctions and procured Russian oil and discounted prices. Saudi Arabia even brought Russian crude oil for a concession and laundered it all over Europe earning bigger profits. BRICS member India even saved $7 billion in foreign exchange by buying Russia’s crude oil at cheaper prices due to the sanctions. Therefore, the BRICS bloc mostly benefitted from the US sanctions saving an...

A new rival of Ethereum (ETH) is seeing a massive boost in price after gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will officially add the layer-1 blockchain Initia (INIT) to its suite of products starting on April 24th, preceding a spike in price for the asset. INIT went from a low of $0.605 on April 24th to a peak of $0.921 just a few hours later. The digital asset has since retraced and is trading for $0.88 at time of writing, a 40.95% increase during the last 24 hours. On its official website, the development team behind Initia says the project is designed to offer rollups and infrastructure for appchain development and streamline the development process by reducing the decisions developers have to make. According to the project, developers spend a lot of time creating rollups – or transactions processed in large batches off-chain as a means of increasing efficiency, which prevents ...

Summary ⚈ TRUMP token jumped 73.45% after a gala invite was announced for top holders. ⚈ Justin Sun’s wallet, holding over 1.17 million TRUMP, ranks first on the leaderboard. ⚈ Leaderboard ranks wallets using a time-weighted metric, not just total token amount. Official Trump (TRUMP) saw a huge move to the upside on April 23, when it was revealed that 220 of the token’s largest holders would be invited to a private gala hosted by the president on May 22. By press time on April 25, TRUMP was changing hands at $13.23, with a 73.45% gain on the weekly chart. TRUMP price 1-week chart. Source: Finbold Beyond being a potentially useful networking opportunity, the event could also provide an indication of the president’s next moves in the cryptocurrency space, which often cause TRUMP to surge. The token’s official website maintains a leaderboard listing the largest holders. As of the time of writing, the following address, 8NBEbxLknGv5aRYefFrW2qFXoDZyi9fSHJNiJRv...

Summary ⚈ 12 million RLUSD were burned on April 22 in a record transaction. ⚈ The burn was part of a cross-chain transfer from XRP Ledger to Ethereum. ⚈ RLUSD supply moved for liquidity reasons, not due to a deflationary mechanism change. At 11:05 PM UTC on April 22, the largest Ripple USD (RLUSD) burn thus far occurred.  To be precise, data retrieved by Finbold from Xrpscan shows that 12,000,000 units of the Ripple stablecoin were burned. Ripple stablecoin burn transaction details. Source: Xrpscan RLUSD uses the same burn mechanism that XRP does — a small fee, to the tune of 0.00001 units of the token, is permanently removed from circulation. Obviously, this burn is a stark departure from that. However, this doesn’t mean that the Ripple stablecoin has switched to a new model of supply management. What really happened with the Ripple stablecoin burn A short, succinct, and simple explanation was given by pseudonymous XRP dUNL validator Vet in...

Jerome Powell will remain chairman of the world’s most powerful central bank — and that’s good news for crypto. On the news yesterday, bitcoin (BTC) rallied $2,400 in just 15 minutes to hit $93,900. As of publication time, total crypto market capitalization is over $60 billion higher than when President Donald Trump declared he had “no intention of firing him.” Markets immediately pumping in afterhours after Trump says he "has no plans to fire Powell" and just wants Powell "more active" on rates. pic.twitter.com/lAzo4Tj7pl — Meet Kevin (@realMeetKevin) April 22, 2025 Read more: Donald Trump’s tariff chaos leads to corruption accusations According to Trump’s senior advisors, the president would have had extreme difficulty firing Powell without sufficient cause anyway. As such, efforts to oust him have ended, with Powell remaining the lead US central banker, and Trump now insisting that he never had any intention of firing...

The cryptocurrency market has seen several ups and downs throughout the past couple of years. But the market’s trajectory during the last few months of 2024 and the beginning of 2025 has been impeccable. Several assets registered a massive uptick. But one asset was under the spotlight for all the right reasons. Ripple’s XRP has been a top performer and has recorded annual gains of over 300%. This comes as a major surprise to the XRP market, which had been in a rut for about seven years. Also Read: Shiba Inu Forecasted To Reach 1.2 Cents, Here’s When Just as Donald Trump was ready to take office, the market began rising. A plethora of assets shot up in price as Trump was elected as the 47th President of the United States. XRP even rose to a high of $3.39 around the same time that Trump was taking office. While the asset is currently part of a market wide rut, investors were rethinking their investment choices. Ripple’s XRP Jumps Nearly 10% In The Past 24 Hours Source: B...

Trump’s trade war has definitely taken a dramatic turn in early 2025, with sweeping tariffs now targeting not just China but also 15 key trade partners. This rather aggressive approach has essentially isolated America while creating new opportunities for Chinese economic influence in the global marketplace. Also Read: If Bitcoin Reclaims Its All-Time High, Here’s What $1,500 Could Be Worth How Trump’s 2025 Tariffs Sparked a Global Trade War Shift Source: The New York Times On April 2nd, Trump imposed tariffs on America’s 15 most reliable trade partners, dubbing them the “dirty 15.” This trade war move has fundamentally altered global commerce dynamics and caused significant disruption in international markets. The Dirty 15: America’s Former Allies The countries affected by these tariffs include China, Mexico, Vietnam, Ireland, Germany, Taiwan, Japan, South Korea, Canada, India, Thailand, Italy, Switzerland, Malaysia, and Indonesia. These nations repre...

The US dollar was considered the bedrock of all assets as it consistently rose in the charts for two decades. It barely dipped against other local currencies as it had a strong foundation in the global financial sector. The DXY index, which tracks the performance of the USD shows the currency now fallen below the 100 range. The currency has dropped to 98.05 and is down nearly 9.5% year-to-date after falling from a high of 109.4 early this year. Bitcoin on the other hand has fallen close to 7% YTD and is mirroring the US dollar’s fall. Also Read: De-Dollarization Reaches European Shores: EU Questions US Dollar Usage Source: MarketWatch While Bitcoin and the US dollar remain on the back foot this year, one asset is soaring in the charts. It has delivered double-digit gains and almost generated returns with little to no dips in the charts. Investors who took an entry position early this year have made good profits and could continue reaping the rewards it has to offer. The asset has ...

There are two types of analysis in finance: technical and fundamental. The first focuses on price patterns and considers an asset's volatility and volume to assess the possibility of price movement in a particular direction. The second, fundamental analysis, is used to appraise an asset's intrinsic value. Fundamental analysis in traditional finance uses formal documents such as company reports. These can be of different types: earnings reports, job hiring reports, tax reports, etc. Expanding into new markets can also be viewed as part of it, as it suggests increased production and consumer growth. The emergence of cryptocurrencies brings their own advantages, which influence the traditional financial system as well. On-chain analysis tracks user activity on the blockchain. We cannot know exactly how many bank customers transferred their funds yesterday to another particular bank. With crypto — yes, we can. But we don't know who it was exactly, which is probably for th...

Shiba Inu & Dogecoin price predictions in 2025 are currently generating quite a bit of interest among crypto enthusiasts and investors alike. Right now, at the time of writing, both of these popular meme coins seem to be showing some promising trends, but they also come with different risk profiles and potential returns as we look ahead to 2025. Source: WallInvestor Also Read: De-Dollarization Hits $1.5 Trillion As Eleven Nations Dump US Dollar Crypto Forecast 2025: Shiba, Dogecoin & Meme Coin Risks Unpacked Source: Bitcoinist Shiba Inu (SHIB) Outlook The latest Shiba Inu & Dogecoin price predictions for 2025 suggest that SHIB could potentially reach as high as $0.00005213 by September, which would represent an impressive ROI of about 337.29%. The Shiba Inu future value appears to be rather volatile throughout the year, with some significant ups and downs expected. Source: CoinMarketCap According to the recent market Analysis : “Shiba Inu is predicted to start the second qu...