Dropping to a new monthly low after initiating another leg down this week, Fartcoin found support and climbed back above a broken support level. This brought a major gain today, but the market remains weak. Despite past weeks of drawdown across the crypto space, Fartcoin is still considered bullish on the short-term scale, although the latest drops have brought a slight price correction and is now slowly turning bearish daily. Breaking down a key support level of $0.95 amid yesterday’s meltdown, the price dipped to a new monthly low of $0.86, which acted as support, and the price bounced back above the mentioned broken support level. At $1, the price appears strong daily following a steady volume inflow since yesterday. A continuous hold above the monthly low could allow more recoveries to the top before breaking out to higher resistance. If that happens, we can expect a massive explosion in the future. However, considering the fact that Fartcoin is still under correction, we can expect more drops in the coming days, especially if Bitcoin keeps losing traction. The key range to watch for such a correction is $0.6. A correction below March’s low could trigger a crash capable of bringing an end to the bull run. For now, there’s still hope for a rebound. FARTCOIN’s Key Levels to Watch Source: Tradingview A strong push from the current trading level could bring us back to last month’s high of $1.646. Breaking through it could rally the price fast to $2 and the $2.74 resistance – tested last December – before exploding. Plunging through the $0.95 support to reclaim the $0.86 low could cause more declines to $0.645. The $0.5 and $0.335 levels are lower supports to keep in mind in case of more dips. Key Resistance Levels: $1.646, $2, $2.74 Key Support Levels: $0.95, $0.645, $0.355 Price: $1 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
XRP is currently trading at $2.16, reflecting a 2.25% decline over the last 24 hours and a 0.95% decrease over the past week, according to data from CoinMarketCap. This downturn comes amid a broader market cooldown, as Bitcoin also continues its slight retreat from recent highs. At the time of writing, Bitcoin is trading at $104,500, marking a notable drop from its all-time high of over $111,000 recorded last month. The present market correction appears to be affecting major digital assets, with XRP among those experiencing short-term declines despite a series of positive long-term developments. Why Is XRP Price Down? Social and Political Context The recent public dispute between President Donald Trump and Tesla CEO Elon Musk has had a notable impact on the cryptocurrency market, including XRP. The feud began when Musk criticized Trump’s proposed tax and spending bill, leading to a series of retaliatory actions and public exchanges between the two figures. He also alleged in another tweet that Epstein’s file is being kept away from the public because Donald Trump’s name is there. Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT! — Elon Musk (@elonmusk) June 5, 2025 I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it. — Elon Musk (@elonmusk) June 3, 2025 This political tension has brought uncertainty into the market, affecting investor sentiment and contributing to the decline in XRP’s price. While the direct impact of the Trump-Musk feud on XRP’s price is difficult to quantify, the overall market sentiment has been negatively affected. Investors are responding to the increased political uncertainty, which is reflected in the recent price movements across various cryptocurrencies. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Momentum and Developments on the XRP Ledger While the short-term price chart shows a dip, the underlying fundamentals and ecosystem surrounding XRP have shown continued growth and progress. Ripple’s Chief Technology Officer, David Schwartz, recently commented on the future of digital assets, stating that the industry is on the edge of large-scale institutional adoption. This aligns with several key developments that happened in 2025. Ripple’s collaboration with BDACS, a South Korean digital asset custodian, represents a strategic move to bolster institutional custody capabilities. Earlier this year, Ripple also unveiled a detailed roadmap focused on decentralized finance (DeFi) use cases for institutional players. Central to this plan is the introduction of Automated Market Makers under the XLS-30 standard, which aim to improve liquidity for tokenized assets on the XRP Ledger. Furthermore, the XRPL itself has seen significant upgrades. The integration of native programmability has enabled more efficient and secure development of institutional-grade applications. This allows for permissionless innovation while maintaining compliance, scalability, and operational robustness. Looking Ahead Despite the minor downturn today, the broader trajectory for XRP appears stable, supported by strong institutional interest and ongoing improvements to its ecosystem. The short-term price fluctuation should be weighed against these long-term fundamentals, which continue to attract investment and development activity. Although social narratives and political developments can exert influence on short-term trading behavior, the foundation being laid through Ripple’s partnerships and technical upgrades suggests that XRP’s strategic positioning remains intact. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Here’s Why XRP Price Is Down Today appeared first on Times Tabloid .
The US trade deficit plummeted by $76.7 billion in April following the rollout of the Trump Administration’s wave of tariffs. The total goods and services deficit was $61.6 billion in April, down from $138.3 billion in March, per a new report from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. The US clocked $289.4 billion worth of exports in April, $8.3 billion more than March, and $351.0 billion worth of imports, which was $68.4 billion less than the previous month. “The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $75.2 billion to $87.4 billion and an increase in the services surplus of $1.5 billion to $25.8 billion. Year-to-date, the goods and services deficit increased $179.3 billion, or 65.7 percent, from the same period in 2024. Exports increased $58.4 billion or 5.5 percent. Imports increased $237.8 billion or 17.8 percent.” The US trade deficit skyrocketed in March as consumers and businesses stockpiled ahead of Trump’s tariffs. The future of those tariffs remains uncertain as rulings about their legality ping-pong back and forth through the US court system. Last week, the United States Court of International Trade (CIT) ruled that many of the duties exceed the authority granted to the president by the International Emergency Economic Powers Act (IEEPA). The federal court struck down Trump’s April 2nd executive order establishing tariffs against 57 countries worldwide and several follow-up executive orders modifying the duties’ rates and start dates. The CIT also axed a slew of earlier tariffs Trump had applied to Mexico, Canada and China, which he claimed were retaliation for failing to stop the flood of illegal narcotics into the US. The Trump Administration immediately appealed the CIT’s ruling and requested a stay on the judgment, which the U.S. Court of Appeals for the Federal Circuit granted . Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Trade Deficit Plummets by $76,700,000,000 in April Following the Rollout of Trump’s Tariffs appeared first on The Daily Hodl .
The crypto economy has shown modest signs of recovery since Thursday, though it remains 2.16% lower over the past 24 hours, hovering near the $3.25 trillion mark. Bitcoin, too, has been attempting a gradual climb, with bullish traders breaking through the $104,000 barrier. Crypto Swings Wild as Bitcoin Teeters Around $104K, Altcoins Record Bigger Wins
The Ethereum (ETH) price experienced a significant decline on Thursday, falling over 7% and approaching the $2,400 mark. However, expert analysis suggests that a new bullish trend may soon emerge for the second-largest cryptocurrency. Key Metrics Indicate Accumulation By Larger Investors Market analyst Lark Davis took to social media platform X (formerly Twitter) to share insights on Ethereum’s potential. He noted that various on-chain metrics and market behaviors indicate an impending breakout for the ETH price. Notably, Ethereum has been outperforming Bitcoin (BTC) in the second quarter of the year, suggesting growing investor confidence. The recent Pectra upgrade has improved Ethereum’s scalability and reduced its inflation rate, making it more attractive to investors. Related Reading: Bitcoin Price Crash To $100,00 Loading: Next Targets Revealed As Bears Take Over Additionally, the expert highlights that with exchange balances hitting seven-year lows and substantial inflows into Ethereum exchange-traded funds (ETFs), it appears that larger investors are accumulating ETH for the long term. Despite these bullish indicators, Davis cautioned that not all market participants share this optimistic outlook. Betting markets on Polymarket currently assign only a 27% chance that Ethereum will reach a new all-time high by 2025. Critical Support For Ethereum Amid Political Disputes The broader cryptocurrency market also faced challenges on Thursday, with total market capitalization dropping from $3.30 trillion to approximately $3.12 trillion. Bitcoin, XRP, and Solana (SOL) were among the notable cryptocurrencies experiencing losses, retracing by 3%, 5%, and 6%, respectively. In a separate but related development, tensions between US President Donald Trump and his former adviser Elon Musk have surfaced, adding to the day’s market volatility. Trump expressed disappointment over Musk’s criticism of a key tax and spending bill from his administration, suggesting that their “great relationship” may be nearing its end. Musk retaliated by accusing Trump of ingratitude, claiming his support was instrumental in Trump’s election victory. Related Reading: Crypto Analyst Warns: This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021 This public dispute has drawn attention to the intersection of US politics and cryptocurrency, a dynamic that market analyst Income Sharks noted in a recent post on Elon Musk’s social media site, X. The analyst remarked on the swift impact of political conflicts on crypto markets, emphasizing that the Ethereum price has not yet lost critical support levels. Income Sharks, in his analysis, identified the $2,390 mark as a crucial support point for the altcoin in the immediate term, which could determine the next upward targets of $3,000 and $4,000. While trading at $2,406 when writing, Ethereum finds itself well below its all-time high reached during the market’s last bullish cycle in 2021. As of now, the altcoin stands 50% below its record of $4,878, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
It was a moment that echoed throughout the Bitcoin mining community in disbelief: on June 5, a solo miner using CKpool stunned the industry by completing block 899,826 and bringing home a reward of $330,386, while competing against the all-time highest network difficulty in Bitcoin history, no less. In a landscape now dominated by industrial-scale mining farms and pools, this one operator's win is the digital equivalent of a lottery jackpot. The odds were truly staggering. With the Bitcoin network’s difficulty at a record 126.98 trillion and the hashrate near 800 exahashes per second, the chance of a solo miner validating a block was roughly 1 in 1.6 million — statistically, a feat most miners would expect to achieve only once every three decades. But this miner did manage to do just that by momentarily bumping their hashrate to an estimated 259 PH/s, likely by renting extra power for the attempt. CKpool developer Con Kolivas has stated that such a strategy, mixing one's own hardware with temporarily rented hashpower — can give solo miners a fighting chance, if only for so long. The block itself was a big one: 1.66 MB in size, containing 3,680 transactions, and rewarding the miner with 3.15 BTC (the standard 6.25 BTC subsidy, minus fees and adjustments). The reward included around $2,761 in transaction fees — a fairly modest amount, suggesting low network congestion at the time. What makes this win even sweeter is that the surrounding blocks were mined by industrial heavyweights like Foundry USA, which says a lot about how rarely individuals manage to outcompete the big players. Solo mining, both Braiins and Luxor engineers agree, is a true baptism by fire of patience, luck, and technical skill. ”Solo mining is like playing the Bitcoin lottery,” says one Braiins OS engineer. ”You can go years without a win, but with the right firmware optimizations, overclocked ASICs, and a bit of rented hashpower, you can at least buy yourself a few more tickets.” Luxor's Aaron Foster says solo mining is ”a way to keep the network decentralized and prove that anyone, not just large pools, can still win.” For the motivated who want to try it out, experts recommend joining a solo pool like CKpool or Braiins Solo, tweaking ASIC firmware for best efficiency, and for the wild-at-heart — renting hashpower for a one-off burst. But they caution: don't wager more than you can afford to lose. The vast majority of solo miners will never receive a block reward, and the electricity costs add up fast. The Bitcoin community celebrated the win as a triumph for decentralization. On Reddit, one miner remarked, ”This is what keeps me mining solo. It's not about the odds — it's about proving the little guy still has a shot.” The bottom line Solo mining wins are rare but still possible — even at record difficulty, the little guy can strike it big. For most, though, it remains a high-risk, high-reward lottery. This story is a reminder that decentralization is alive, and with the right strategy and a bit of luck, anyone can make Bitcoin history.
TL;DR The price of Tesla shares headed south following the spat between the former allies. Over the past few hours, though. TSLA rebounded amid rumors that Musk and Trump might sit down to resolve their differences. The drama between the once-close friends Donald Trump and Elon Musk continues to intensify. Minutes ago, the X account, The Kobeissi Letter, revealed that the American president is supposedly contemplating ditching his Tesla. BREAKING: President Trump is considering getting rid of his Tesla, per WSJ. $TSLA — The Kobeissi Letter (@KobeissiLetter) June 6, 2025 Earlier this year, Trump bought a red Tesla Model S as a public gesture of support for Musk and his EV giant amid growing criticism and declining sales. Before making the purchase, the president praised the wealthiest man in the world and vowed to pay the full price for the vehicle. “This man [Elon Musk] has devoted his energy and his life to doing this,” he said at the time. Trump’s purchase in March triggered a brief uptick in the price of Tesla’s shares. However, the recent conflict between the two men (which seems to have erupted following a bill introduced by the president last month) has had a negative impact on the company’s stocks. On June 5, as the drama between the two unfolded, TSLA dropped below $275, the lowest point witnessed in the past month. In pre-market trading today, and once the market opened, though, the price rebounded to around $296, following reports that the tension might ease and expectations that Trump and Musk are open to a dialogue. TSLA Price, Source: Yahoo Finance While a White House official supposedly rejected the plans for a call on June 6, Tesla’s CEO seems ready to find ways to bury the hatchet. Earlier today, Bill Ackman (CEO of Pershing Square) argued that the two men should make peace “for the benefit of our great country.” Musk replied, “You are not wrong.” Meanwhile, the conflict has also had a negative impact on the cryptocurrency market. Bitcoin temporarily slipped under $101,000, while some of the leading altcoins suffered even more substantial losses. Over 215,000 traders were liquidated in the past 24 hours, with the total amount of liquidations reaching almost $1 billion. The post Donald Trump Ready to Ditch His Tesla Amid Musk Feud? (Report) appeared first on CryptoPotato .
Crypto analyst Michaël van de Poppe identifies a prime buy opportunity for Bittensor (TAO) as it dips to a critical support level, signaling potential for long-term gains. TAO’s recent price
The UK Financial Conduct Authority (FCA) is set to lift its ban on crypto Exchange Traded Notes (ETNs) for retail investors, marking a pivotal regulatory shift in the UK’s crypto
In a provocative statement that has reignited debate over the future of digital finance, Joshua Dalton, founder of TRIBLU, declared on X that “ I believe E lon Musk will do anything to make Ripple (XRP) as a chosen one and use it on X ” The post, which references U.S. President Donald Trump, his sons Donald Trump Jr. and Eric Trump , and the Trump-associated firm World Liberty Finance, hints at an impending financial realignment—one that could see XRP rise to global dominance while legacy systems falter. Joshua Dalton’s Bold Forecast Strikes a Nerve Dalton’s comment, now widely circulated in the XRP community, claims that the Trump-aligned financial elite will “watch World Liberty Finance and Bitcoin crashing in front of their eyes”—a dramatic statement that echoes the mounting tension between old-guard financial interests and emerging blockchain innovations. I believe @elonmusk will do anything to make @Ripple $XRP as a chosen one and use it on @x while knowing that @EricTrump , @DonaldJTrumpJr , and @realDonaldTrump will watch @worldlibertyfi and @bitcoin crashing in front of their eyes. Right, @elonmusk ? — Joshua Dalton (@J9Dalton) June 5, 2025 His post has galvanized XRP supporters, many of whom believe Musk is silently laying the groundwork to elevate XRP within the payments infrastructure of X, his social media platform-turned-tech superapp. One XRP enthusiast responded, “ All it takes is one announcement ,” highlighting the profound impact Musk’s influence could have on market sentiment and adoption if he ever endorses or integrates XRP. Elon Musk’s Vision and the XRP Speculation Since acquiring X (formerly Twitter), Musk has been outspoken about transforming the platform into an all-encompassing app for communication, commerce, and financial services. This has fueled persistent speculation over which digital assets might be integrated into X’s upcoming payment layer. While Dogecoin, a long-time Musk favorite, has often been the center of attention, XRP remains a strong candidate due to its established role in enterprise payments, regulatory clarity, and ability to scale across borders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Unlike speculative meme coins, XRP is purpose-built for financial institutions, offering rapid settlement times, low transaction costs, and interoperability across currencies and jurisdictions. These attributes align closely with Musk’s goal to build a global payment system that transcends the limitations of both fiat and first-generation cryptocurrencies. Dalton’s inclusion of World Liberty Finance in his forecast adds a compelling geopolitical layer to the narrative. The firm has been linked to substantial Ethereum and Bitcoin accumulation , a strategic move that aligns with its pro-sovereignty and anti-centralization stance. Bitcoin, often regarded as digital gold, appeals to libertarian-leaning institutions seeking to hedge against centralized monetary policy and inflation. Dalton’s post suggests that XRP’s practical applications could surpass traditional speculative investments. In contrast to Bitcoin’s store-of-value ethos, XRP functions as a bridge asset, optimized for active, frictionless transactions. Dalton’s vision implies that the future belongs not to passive holders of value, but to those building functional, interoperable infrastructure, and Musk, he argues, sees XRP as the key. XRP’s Moment of Destiny? There is, as of now, no confirmed partnership between Ripple and X. Yet the strategic logic is there. Ripple’s technology stack is mature. Its regulatory battles have cleared critical hurdles. And Elon Musk, a disruptor by nature, is reshaping one of the world’s most influential tech platforms into a payment-centric ecosystem. Joshua Dalton’s words are speculative, but they speak to a grounded possibility. The integration of XRP into X could serve as a watershed moment for the cryptocurrency, propelling it from institutional rails into mainstream consumer use. And if Musk makes that call, it would mark more than a technological choice, it would signal a realignment of financial power, away from legacy institutions and toward a decentralized, utility-driven future. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Elon Musk Will Make XRP the Chosen One by All Means, Says TRIBLU Founder appeared first on Times Tabloid .