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Author: James Wilson
The U.S. could reduce its current 145% tariff rate on China “within a few weeks,” White House Council of Economic Advisers Chair Stephen Miran said in an interview. Speaking to Bloomberg TV on Friday, Miran said that while he is not directly involved in negotiations, he believes President Donald Trump is committed to reaching a deal and has a strong track record in doing so. Miran referred to the 2019 “phase one” deal as evidence of the president’s ability to strike agreements despite widespread skepticism. “The president has been very clear that he thinks that there will be a deal…
Chainlink price moved sideways on Friday, but the ongoing whale activity and technicals point to an eventual rebound. Chainlink (LINK) was trading at $14.20, where it has stalled over the past few days. This price is about 45% above its lowest level this year. Whale activity suggests that the coin may stage a strong comeback in the coming days. Santiment data shows that large investors have been accumulating LINK over the past few months. Investors holding between 100,000 and 1 million coins now own 173 million LINK, up from a low of 143 million in November last year. Their holdings…
Ethereum price has been in a strong downward trend against Bitcoin, and a rare chart pattern points to more downside. Ethereum (ETH) dropped to 0.01890, its lowest level since January 2020 and 80% below its 2021 high. This decline comes as Ethereum continues to lose market share across key sectors of the crypto industry. DeFi Llama data shows that protocols in its network processed $56 billion in April, lower than Solana’s (SOL) $72 billion. Ethereum is also losing ground to layer-2 networks, which aim to improve scalability and speed without compromising security. Base, a layer-2 network created by Coinbase, processed…
eToro Group Ltd. is preparing to launch its long-delayed U.S. initial public offering as soon as next week, Bloomberg reported, citing people familiar with the matter. The Israel-based trading platform had paused its IPO plans in early April amid market turmoil triggered by former President Donald Trump’s tariff announcements, which briefly derailed dealmaking activity, Bloomberg reports. The company had filed with the SEC in late March, but “Liberation Day” volatility led eToro to delay the offering. With volatility easing and comparable platforms like Robinhood up over 16% in the past month, eToro is now reconsidering a public debut, Bloomberg wrote. …
Has Bitcoin price prediction turned a corner, with real on-chain movement toward $175,000 — or are we skipping steps by already entertaining BlackRock’s $700,000 thesis? BTC nears $98K as bullish momentum reignites After weeks of sideways movement, Bitcoin (BTC) nearly touched $98,000 on May 2, reaching a high of $97,905. As of this writing, BTC is trading around $97,650, slightly below its peak but still holding most of its recent gains. BTC price chart | Source: crypto.news From a historical standpoint, Bitcoin has recovered more than 24% from its February low of $78,200 and more than 30% from the early…
Pepe Coin (PEPE) is currently experiencing a period of consolidation, trading around the $0.00000873 mark. Despite recent fluctuations, the meme coin continues to garner attention due to its active community and market dynamics. In this article, we will look at Pepe crypto next target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. 📊 Pepe Crypto Next Target Current Price: $0.00000873 24h Price Change: -0.89% 24h Range: $0.00000866 – $0.00000909 Market Cap: Approximately $3.74 billion 24h Trading Volume: Approximately $562 million Circulating Supply: Approximately 420.69 trillion PEPE There are signs of potential trend…
Texas Representative Lance Gooden has formally asked the General Services Administration to consider installing cryptocurrency ATMs in federal buildings across the United States. Gooden cited the need to modernize public infrastructure and support a growing segment of Americans engaging with digital assets. In a May 1 letter to Acting GSA Administrator Stephen Ehikian, Gooden urged the agency to begin evaluating the feasibility of the initiative, emphasizing that such a move would “signal to the public that the government is embracing innovation in a secure and responsible manner.” The proposal aligns with former President Donald Trump’s campaign focus on advancing U.S.…
MicroStrategy sharply increased its capital-raising target and 2025 bitcoin acquisition goals in its earnings report, prompting a bullish revision from analysts at H.C. Wainwright. In a research note dated May 2, analyst Mike Colonnese turned incremenetally bullish on Strategy’s stock with a price target lifted from $480 to $521, citing increased BTC holdings forecasts and strong execution on capital raising. As part its first quarter earnings report on Thursday, Strategy doubled its capital plan to $84 billion through 2027, up from the $42 billion goal announced in late 2024. The new “42/42” plan includes $42 billion in equity and $42…
Binance Coin continued to consolidate at a crucial resistance level as the number of transactions in the network rose. It also wavered as its staking yield and inflows continued rising. Binance Coin (BNB) price was trading at $600 on Friday, not far removed from its April high of $620. The coin has several catalysts that may push it higher in the next few weeks. Nansen data shows that it is one of the most active chains in the crypto industry, recording over 31 million transactions in the last seven days. This figure surpasses other popular chains like Ethereum (ETH), Arbitrum…
Bitcoin rewards and payments platform Fold is the first publicly traded company of its kind on the Nasdaq. Bitcoin (BTC) is going more mainstream with each passing week. On Friday, May 2, Fold held an Opening Bell ceremony at the Nasdaq headquarters to celebrate its public listing. Trading under the ticker $FLD, it is the first publicly traded company focused specifically on Bitcoin financial services. “Ringing the bell at Nasdaq is a celebration of the journey from Bitcoin’s edges to the heart of global finance. We’re proud to represent the everyday use of Bitcoin in a market long dominated by…