XRP is drawing significant attention as it seeks increased disclosure from the US government, following a notable 33% price surge. This surge, attributed by some to the “Trump Effect,” has heightened market scrutiny and raised questions about potential regulatory implications. Analyzing the “Trump Effect” on XRP’s Market Dynamics The recent 33% price surge in XRP … Continue reading "XRP Eyes US Gov Disclosure After 33% Surge, “Trump Effect" The post XRP Eyes US Gov Disclosure After 33% Surge, “Trump Effect appeared first on Cryptoknowmics-Crypto News and Media Platform .
XRP price has recorded a surge of over 6% today sparking market optimism but an analyst has issued a warning for Ripple’s coin ahead. In a recent analysis, the expert noted that there is a 70% chance of a potential correction to $0.65 for the asset. However, despite that, he noted that if the asset breaks through a key level ahead, it could hit a double-digit within the next two to three weeks. XRP Price At Crossroad: $0.65 Or $0.17? In a recent X post, analyst EGRAG CRYPTO spotlighted XRP price’s current pattern as an Ascending Broadening Wedge, a formation that often signals high volatility. According to the analyst, the crypto is at a fork in the road — either it dips sharply or skyrockets. He emphasized that XRP must close above $3.50 to confirm a bullish setup. If it fails to hold above $5 during a future rally, it may retest $1.90. Following that, another attempt to close above $5 could trigger a run to $6. A successful close beyond that level could propel XRP into double-digit territory, likely $17.50, within weeks. However, the analyst warned: “There’s a 70% chance it breaks to the downside and only a 30% chance for an upside breakout.” Source: EGRAG CRYPTO, X Meanwhile, EGRAG added that this outlook depends on how Ripple’s native asset reacts to the $5 resistance in future price action. If it fails at that level again, the bearish scenario gains weight. Besides, it also comes as Ripple whales moved $572 million in XRP recently, which has further fueled market speculations. Short-Term XRP Targets Still Bullish Another expert Dark Defender has shared a bullish forecast for the asset in the near term. Highlighting the monthly chart outlook, the analyst said that the Relative Strength Index (RSI) remains strong, and the A Wave has been completed. He expects a B Wave that could drive XRP price up to $3. He also speculated that XRP might skip the final C Wave, heading straight to long-term targets near $5.85. In other words, the short-term bullish targets remain at $2.222 and $2.555, while key supports lie between $1.95 and $2.04. Source: Dark Defender, X Ripple’s Coin Gains 6%: What’s Next? XRP price was up more than 6% and exchanged hands at $2.16 during writing, and its one-day volume fell 19% to $4 billion. Notably, the crypto has hovered between $2.4 and $2.17 in the last 24 hours, reflecting the highly volatile scenario. Amid this, expert CasiTrades noted that the next support for XRP lies at $2.24. If it successfully breaches this level, Ripple’s coin is likely to target $2.7, $3.05, and an all-time high of $3.80. Source: CasiTrades, X Meanwhile, amid these experts’ predictions, the investors are also keeping a close track of the XRP lawsuit developments. Notably, a recent mysterious filing in the ongoing Ripple vs SEC lawsuit has sent shockwaves through the XRP community. An emergency request has been made to present “decisive evidence” that could potentially sway the case’s outcome. It’s worth noting that a positive outcome in the case could significantly drive the prices higher in the coming days. However, a delay by the US SEC in concluding the case has dampened market sentiment, which has also caused the XRP price to remain stagnant over the past few weeks. The post Analyst Predicts 70% Chance Of XRP Price Crash To $0.65, What’s Next? appeared first on CoinGape .
Powell’s cautious tone might mean more than he’s letting on.
Banking giants JPMorgan Chase and Deutsche Bank are analyzing the dollar’s ability to maintain its global dominance. In a new survey conducted by Reuters involving 69 foreign exchange strategists, about 33% of participants expressed reservations about the dollar serving as a safe-haven asset in times of market turbulence. Specifically, the survey highlights that 19 out of the 51 strategists (40%) who answered an additional question say they are starting to see signs that the dollar’s standing as a safe haven is slipping and that the erosion could worsen over a long arc of time. Says George Saravelos, global head of FX research at Deutsche Bank, “There are some tentative risks that the dollar’s safe-haven status may be eroding. First, a weakening US outlook reduces the attractiveness of the dollar as a risk-off hedge. Second, a broader challenge to the stability of US institutions and global internal rule of law norms may decrease foreign investor willingness to allocate to dollars at the margin.” Arindam Sandilya, JPMorgan’s co-head of global FX strategy and head of macro strategy for Asia, points out that central banks have been gradually reducing their USD holdings in favor of gold. “History teaches us that network effects make it extremely difficult to dislodge reserve currency status in the short term, but a slower process of erosion can continue for a long time before such a binary shift in the global monetary architecture happens. [It is] more likely we see a continuation of the trends that have been in place for the past two decades – a steady decline in the US dollar’s allocation in central bank reserve holdings, and a search for alternative reserve assets such as gold.” Gold hit a new all-time high of $3,167 earlier this week. The precious metal’s bullish price action is driving Wall Street firms to unveil higher price targets for gold. Last month, Bank of America predicted that gold could climb to a long-term price target of $3,500. Meanwhile, Citi said that gold can reach the same price level if the US economy falls short of expected growth. 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 JPMorgan Chase, Deutsche Bank Issue US Dollar Warning As Gold Soars To New All-Time Highs appeared first on The Daily Hodl .
The post Ethereum Price Crashes: As Fees Hit 4-Year Low, But Investors Still See Hope! appeared first on Coinpedia Fintech News Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a key player in the crypto space for nearly a decade. Despite all, ETH has faced a sharp decline in 2025, with its price dropping about 46% in Q1. Alongside this, Ethereum’s transaction fees have fallen to their lowest level in over 4 years, signaling a major shift in network activity. Ethereum’s Network Activity Drops In a recent tweet post, Blockchain research firm IntoTheBlock says that Ethereum’s total transaction fees fell by nearly 60% in the first quarter of 2025, reaching $208 million by early April. This is the lowest amount since 2020. Total ETH fees decreased to their lowest level since 2020 this quarter, primarily driven by the gas limit increase and transactions moving to L2s pic.twitter.com/CLmOFfttwa — IntoTheBlock (@intotheblock) April 4, 2025 At the same time, Ethereum’s burn rate, which helps control supply, has slowed down. Fees from platforms like Uniswap, MetaMask, and Tether have dropped by over 95% since late 2024. With fewer transactions on the main network, Ethereum’s inflation rate is rising. DeFi analyst Michael Nadeau warns that Ethereum’s inflation could soon be higher than Bitcoin’s. Why a Sudden Drop? One of the biggest reasons for the drop in fees is the rise of Layer-2 (L2) solutions. These networks work on top of Ethereum and help users make faster and cheaper transactions. Coinbase’s Base is leading the way, processing over 80 transactions per second, more than any other L2 network. The Dencun upgrade, launched in March 2024, made L2 transactions even cheaper. Because of this, many users are avoiding Ethereum’s main network and choosing L2 alternatives. This shift has led to fewer transactions on the main network, causing fees to fall. ETH/BTC Performance Drop to 5-Year Low Ethereum isn’t just facing network issues; it’s also struggling against Bitcoin. Since early 2025, ETH’s performance has been weak, dropping from over $3,300 to $1,805 by April 4. Meanwhile, Bitcoin surged to $109,000 before dipping only 10%, while ETH fell 45%, pushing the ETH/BTC ratio to a five-year low. ETH Still Eyes $5,000 Price Target Despite the recent struggles, long-term investors remain optimistic. IntoTheBlock revealed that Ethereum whales accumulated over 130,000 ETH when the price dipped below $1,800, showing strong buy-the-dip sentiment. Some analysts still believe ETH could reach $5,000 by the end of 2025, with even more bullish predictions suggesting a move above $10,000 in the future. Additionally, the upcoming Pectra upgrade, expected in May, could provide Ethereum with a much-needed boost, potentially improving its network performance and long-term outlook.
Shiba Inu price may be on the verge of a massive 550% rally according to a top market analyst. This bullish SHIB price prediction comes after the meme coin formed a bullish triangle chart pattern, which signals a bullish breakout. Shiba Inu price today trades at $0.0000123 with a slight 1% gain and a daily high of $0.0000125. Analyst Forecasts 550% Rally for Shiba Inu Price Popular analyst Javon Marks believes that Shiba Inu price could be on the verge of making a 550% rally towards $0.000155. In an X post, the analyst identified a hidden bullish divergence that could halt the ongoing SHIB downtrend and drive a trend reversal. The analyst further observed that Shiba Inu made such a breakout in 2021 when the price of SHIB surged by more than 900%. If history rhymes and this pattern repeats, the meme coin begins making a series of higher highs, leading to the 500% rally. Shiba Inu Price Chart Bullish Triangle Pattern Teases SHIB Gains The analyst’s bullish Shiba Inu price prediction comes as SHIB formed a bullish ascending triangle pattern on the lower timeframe. A look at the 4-hour price chart shows SHIB has been making higher lows while the resistance remains at $0.0000124. This shows a gradual increase, and if the buying pressure increases and pushes SHIB past this resistance level, it could drive the bullish momentum. Technical indicators support this technical setup. The RSI stands at 48, which is close to the neutral level. This shows that the selling pressure is easing, which could support a strong uptrend for this top meme coin . At the same time, the MACD indicator is making bullish signals. The MACD histogram bars have flipped green while the MACD line is also rising, which further suggests that the momentum is positive. SHIB/USDT: 4-Hour Chart Despite this outlook, several factors indicate that SHIB might face headwinds in its attempt to break out of the bearish trends. Bearish Case for Shiba Inu Price Despite the bullish forecast and the strong technical outlook, several factors still make a bearish case for this meme coin. At press time, the SHIB burn rate had declined by 75%. As fewer tokens are being taken out of the circulating supply, it might impact SHIB’s potential to make strong gains. At the same time, meme coins have recorded a significant decline in market capitalization. In the last 30 days, the total meme coin market cap has declined from $55 billion to $47 billion. This decline follows a decline in speculative activity, which might also cause bearish headwinds. Due to the above factors, Shiba Inu price may face challenges in its attempt to make a rebound. However, flipping the $0.0000124 resistance level with strong buying volumes could support the uptrend. The post Analyst Forecasts 550% Rally for Shiba Inu Price As Bullish Triangle Pattern Emerges appeared first on CoinGape .
It’s been a wild ride on Wall Street this week. The Dow Jones Industrial Average (DJIA) plunged over 2,2K points on April 4, 2025, marking its worst day since 2020. And with the latest U.S. jobs report blowing past expectations, traditional investors are bracing for impact. But in crypto? It’s a different story. Long-time Bitcoin holders aren’t panicking – they’re doubling down. While stocks wobble and analysts predict a rocky Q2, crypto veterans are loading up, and smart retail investors are starting to take notes. Even as global markets flinch at inflation fears and recession warnings, Bitcoin has remained unusually calm – bullish, even. Sentiment is shifting fast, and new crypto presales are once again becoming a hot topic. Retail traders are hungry for the best presales, new crypto opportunities, and even a few cheeky meme coins that could moon in the next few months. Here are three projects worth watching: BTC Bull Token ($BTCBULL) Best Wallet Token ($BEST) Dogeverse ($DOGEVERSE) Why Everyone’s Talking About DJIA Futures and Bitcoin Here’s the quick recap. The U.S. jobs report for March came in hot – 228K new jobs, compared to the 135K expected. That should be great news, right? Not exactly. Wall Street is rattled. Strong job numbers raise fears of more interest rate hikes, and with new tariffs adding fuel to the fire, the DJIA tumbled, and futures followed with heavy losses. Investors are scrambling for safety – and increasingly, that means looking toward Bitcoin. Meanwhile, in crypto land, Bitcoiners are holding steady. HODLers are refusing to sell, and fresh buyers are stepping in. Despite all the noise elsewhere, sentiment in crypto is turning bullish again. For those priced out of $BTC or just looking to diversify, this might be the ideal time to explore the best altcoins and hot crypto presales gaining traction. 1. BTC Bull Token ($BTCBULL) – The Meme Coin That Rides Bitcoin’s Coattails The name says it all. BTC Bull Token ($BTCBULL) is for those who believe the market is just getting warmed up. And right now, a lot of people seem to agree. The project has already raised $4.4M in its presale, with one $BTCBULL going for just $0.002445. That’s bargain territory for a token riding the coattails of Bitcoin itself. BTC Bull Token takes a simple but bold approach: it celebrates bullish market vibes and taps into the excitement surrounding $BTC’s current rally. While it doesn’t claim complex features or advanced utility, the project focuses on branding, community, and market sentiment – core elements that have powered previous meme coin breakouts. BTC Bull Token also features a built-in burn mechanism, which gradually reduces the total supply over time and can help increase scarcity as demand grows. On top of that, the project is running airdrop campaigns tied to Bitcoin price milestones – but there’s a catch. To qualify, you need to both buy $BTCBULL through Best Wallet and hold it in that wallet. If you miss either step, you won’t receive the airdrops – no exceptions. It’s a unique reward model that directly connects token holders to Bitcoin’s performance. As the bull market heats up, $BTCBULL positions itself as a token that rides the wave – loud, proud, and full of that classic crypto optimism. 2. Best Wallet Token ($BEST) – A Token With Real Utility in a Growing Ecosystem Best Wallet Token ($BEST) isn’t just another digital asset – it’s the fuel behind a fast-growing Web3 ecosystem. Priced at $0.0246 in presale with over $11.5M raised, $BEST is gaining momentum thanks to its clear use case and tight integration with the upcoming Best Wallet platform. This ERC-20 token is designed to play a central role in the Best Wallet app, which aims to simplify the Web3 experience for everyday users. But unlike many utility tokens that sit idle, $BEST will unlock access to premium features, give holders early access to new tools, and serve as the backbone for future integrations across DeFi and dApps. The project isn’t just promising utility – it’s building for it. $BEST will be used for payments, in-app functions, and potentially even governance as the platform evolves. That gives the token more weight than hype alone. What sets $BEST apart is its positioning: it’s a presale token tied directly to a product that’s already in development and backed by a clear roadmap. With a multi-phase launch plan and increasing visibility in the crypto space, Best Wallet Token is shaping up to be one of the more practical entries among today’s best crypto presales . 3. Dogeverse ($DOGEVERSE) – A Meme Coin Going Multichain (and Multiverse) Dogeverse ($DOGEVERSE) isn’t just another meme coin barking up the same old blockchain. It’s already made its entrance, with the presale wrapped up and a current price of $0.00024 per token. Now it’s charging ahead with a unique approach: a multi-chain ecosystem that spans Ethereum, BNB Chain, Polygon, Avalanche, Base, and Solana. That means Dogeverse isn’t tied to just one blockchain – it’s aiming to be the meme coin of the multichain future. Holders can bridge their tokens between supported chains and stake them to earn up to 59% APY, depending on the lock-up period. Yes, Dogeverse isn’t just about laughs – it’s also designed to reward loyal holders through its staking platform. On top of that, the project features a referral system, where users can earn bonus tokens by inviting others. It’s a smart growth mechanic, wrapped in the kind of playful branding that meme coin fans can’t resist. With its ‘Doge but smarter’ vibe and a solid start out of the gate, Dogeverse is shaping up to be more than just a flash in the meme pan. It blends DeFi mechanics, cross-chain accessibility, and good old internet humor – all the ingredients that helped Dogecoin and Shiba Inu go viral, now upgraded for 2025. Don’t Fight the Bulls The jobs report says the economy is heating up. The DJIA futures say investors are nervous. Bitcoin HODLers say: ‘We’ve seen worse.’ In this kind of market, presales offer a unique way to position early – before momentum really kicks in. Whether you want to ride Bitcoin’s surge with $BTCBULL , build for the future with $BEST , or just join a meme coin multiverse with $DOGEVERSE, there’s something brewing for every type of investor. Just remember – always do your own research (DYOR). These tokens may be hot, but crypto can be colder than your ex’s heart if you’re not careful.
Ripple and SEC’s lawsuit sees new developments and rising speculation. Former SEC attorney believes the judge's decision will likely remain intact. Continue Reading: Ripple and SEC Face New Twists as Court Proceedings Heat Up The post Ripple and SEC Face New Twists as Court Proceedings Heat Up appeared first on COINTURK NEWS .
On Thursday, April 3, United States President Donald Trump announced new trade tariffs on goods from different countries, with some Asian nations facing even steeper fees. While the US financial markets reacted negatively to this economic action, the crypto and Bitcoin markets have been able to withstand the global macroeconomic pressure. Bitcoin Price Overview According to data from CoinGecko, the price of Bitcoin has barely made any significant move over the last seven days. However, this piece of data does not tell the entire story, as the premier cryptocurrency made a play for the $87,000 mark on Wednesday, April 2, before recently falling back to around $84,000. The price of Bitcoin is being closely watched by market participants and speculators, especially considering the underwhelming performance of the US equities market over the past two days. This recent development suggests that the world’s largest cryptocurrency might be decorrelating from the traditional markets. Related Reading: Is Korea Propping Up The XRP Price? Pundit Explains What’s Happening As of this writing, the premier cryptocurrency stands at around $84,000, reflecting an over 2% increase in the past 24 hours. This single-day performance might bode well for what is to come over the weekend, especially as the Bitcoin price has not particularly impressed at the latter end of each week so far in 2025. Is A BTC Price Bounce On The Horizon? In a new post on the X platform, crypto analyst Maartunn revealed that the Bitcoin bulls might be on the move again. This on-chain observation is based on changes in the Taker Buy Volume, a metric that measures the total volume of buy orders filled by takers in perpetual swaps of a specific cryptocurrency. In the crypto trading context, a taker refers to a market participant who places an order matched with an existing order on the order book. Hence, the Taker Buy Volume indicates the total amount of a cryptocurrency (BTC, in this scenario) purchased by these market participants within a specific period. Maartunn mentioned in his post that the “taker buyers” are beginning to step into the market, with the buy volume surpassing a significant milestone. According to the on-chain analyst, the Bitcoin Taker Buy Volume on all centralized exchanges recently crossed 100 million BTC to around 101.18 million BTC. Historically, notable upticks in the Taker Buy Volume have often preceded a bullish surge in the price of Bitcoin. Going by this trend, Maartunn urged to watch out for the BTC price action over the next few days. Related Reading: Toncoin Takes A Hit With 12% Correction After Failing To Break $4.34, More Pain? Featured image created by DALL-E, chart from TradingView