In the fast-paced world of cryptocurrency and decentralized finance, keeping an eye on traditional markets, especially Forex, is crucial. Why? Because global economic shifts and currency fluctuations can ripple through all asset classes, including digital currencies. Today, we’re diving into a significant Forex development: the British Pound (Sterling) has experienced a shocking slump against the Euro, reaching an eight-month low. This isn’t just another blip on the radar; it’s a consequence of escalating global trade tensions ignited by none other than former US President Donald Trump and his proposed reciprocal tariffs. Let’s break down what this means for the Forex market and the broader economic landscape. Understanding the Sterling Euro Exchange Rate Plunge The sterling euro exchange rate is a vital indicator of the relative economic health of the UK and the Eurozone. When you see headlines screaming about the Pound falling against the Euro, it signifies a weakening of the UK’s currency compared to the Euro. But what exactly triggered this recent downturn? The primary catalyst is the resurgence of trade war anxieties fueled by Donald Trump’s remarks about imposing reciprocal tariffs if re-elected. Trump’s Tariff Threats: The specter of increased tariffs, especially reciprocal ones, throws a wrench into global trade dynamics. Markets react swiftly to such pronouncements, anticipating potential disruptions to international commerce and economic stability. Market Uncertainty: Uncertainty is the enemy of stability in financial markets. Trump’s tariff rhetoric injects a significant dose of uncertainty into the forex market reaction , prompting investors to seek safer havens, often away from currencies perceived as being vulnerable to trade wars. Impact on GBP: The UK economy, already navigating Brexit-related complexities and inflationary pressures, is particularly sensitive to global trade headwinds. Trump’s tariff talk is seen as a negative factor for the UK’s economic outlook, leading to a sell-off in Sterling. To put it simply, the market is bracing for potential economic fallout, and the GBP EUR rate forecast is being revised downwards as a result. Decoding the Trump Tariffs Impact Why are Trump’s tariffs causing such a stir in the forex market reaction ? Let’s delve deeper into the mechanics of tariff impacts: Type of Tariff Mechanism Potential Impact on GBP/EUR Reciprocal Tariffs Tariffs imposed in response to tariffs imposed by another country. Creates a cycle of escalating trade barriers. Negative for GBP. Could lead to reduced UK exports to the US (if US tariffs are imposed on UK goods), weakening the UK economy and Sterling. Eurozone might be perceived as less directly impacted initially, strengthening EUR relative to GBP. General Import Tariffs Tariffs applied broadly to imports from many countries. Raises costs for businesses and consumers. Negative for GBP and potentially EUR, but impact could vary. If US tariffs are broad, global trade slows down, impacting all economies. However, relative impact on GBP could be greater if UK is more reliant on trade with tariff-affected regions. The fear is that reciprocal tariffs could trigger a trade war, leading to: Reduced Global Trade: Tariffs make imports more expensive, potentially reducing the volume of international trade. Slower Economic Growth: Trade wars can stifle economic growth by increasing costs for businesses, disrupting supply chains, and reducing consumer demand. Currency Volatility: Uncertainty surrounding trade policy leads to increased volatility in currency markets, making it harder for businesses to plan and invest. Navigating Global Trade Tensions: What Does This Mean for You? The current situation underscores the interconnectedness of the global trade tensions and financial markets. While you might be primarily focused on cryptocurrency, understanding these macroeconomic trends is vital. Here’s why: Risk Assessment: Forex market fluctuations are often leading indicators of broader economic sentiment. A weakening Sterling, driven by trade war fears, signals increased risk aversion in the market. This sentiment can spill over into other asset classes, including crypto. Portfolio Diversification: Understanding how traditional markets react to global events can inform your portfolio diversification strategies. If you see traditional assets becoming more volatile due to trade tensions, you might adjust your crypto holdings accordingly. Opportunity Spotting: Market volatility, while risky, can also present opportunities. Sharp currency movements can create trading opportunities in Forex and potentially impact crypto markets as well. Actionable Insights and the Path Ahead So, what should you do with this information? Here are some actionable insights: Stay Informed: Keep a close watch on Forex news, especially developments related to trade policy and global trade tensions . Economic calendars and financial news outlets are your best friends. Monitor GBP/EUR: Track the sterling euro exchange rate closely. Significant movements can signal shifts in market sentiment and potential broader economic impacts. Consider Risk Management: In times of increased market uncertainty, prioritize risk management. This could involve adjusting your portfolio allocation, using stop-loss orders, or diversifying across different asset classes. Seek Expert Analysis: Don’t rely solely on headlines. Seek out expert analysis from reputable financial institutions and economists to get a deeper understanding of the situation and potential future scenarios for the GBP EUR rate forecast . Conclusion: Riding the Forex Waves The Sterling’s recent plunge against the Euro is a stark reminder of how global political and economic events can swiftly impact financial markets. Trump’s tariff threats have injected a fresh wave of uncertainty, highlighting the fragility of global trade and its influence on currency valuations. For cryptocurrency enthusiasts and investors, paying attention to these Forex market signals is not just about traditional finance; it’s about understanding the broader economic currents that can influence the entire financial ecosystem. By staying informed, analyzing market reactions, and adapting your strategies, you can navigate these turbulent times and potentially identify opportunities amidst the volatility. The Forex market, like the crypto market, is constantly in motion, and staying ahead of the curve is key to success. To learn more about the latest Forex market trends, explore our article on key developments shaping currency valuations.
Strategy pauses Bitcoin purchases amid ongoing market volatility, signaling caution with $5.91 billion in unrealized losses at stake. As one of the largest Bitcoin holders globally, Strategy’s pause may indicate
On April 7th, U.S. President Donald Trump reiterated his commitment to the “reciprocal tariff” policy following a meeting with Israeli Prime Minister Benjamin Netanyahu. Trump emphasized that he is not
In the dynamic world of cryptocurrency, investors are continually seeking assets with the potential for substantial returns. Recent analyses suggest that established cryptocurrencies like XRP and Bitcoin (BTC) could experience significant growth by 2025. However, emerging projects such as MAGACOINFINANCE are capturing attention for their potential to deliver even greater returns. XRP and Bitcoin (BTC): Current Performance and Future Projections As of April 7, 2025, the cryptocurrency market has observed notable movements: Bitcoin (BTC): Trading at $77,288.00, reflecting a 6.6% decline from the previous close. XRP: Priced at $1.79, experiencing a 13.9% decrease. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: An Emerging Contender with High Growth Potential While established cryptocurrencies offer promising prospects, emerging projects like MAGACOINFINANCE present opportunities for potentially higher returns. Unprecedented Growth Potential MAGACOINFINANCE has successfully raised over $5 million in its pre-sale phase, indicating strong investor confidence. With a total supply capped at 100 billion tokens, the project is strategically positioned for significant appreciation as it approaches its official listing. Exclusive Offer: 50% Bonus with MAGA50X Investors have a limited-time opportunity to maximize their holdings through the MAGA50X bonus: Pre-sale Price: $0.0002704 per token Listing Price: $0.007 per token By applying the MAGA50X bonus, the purchase price is effectively reduced to $0.0001803 per token. This adjustment enhances the potential Return on Investment (ROI) to approximately 3,782%, or a 37.82x increase. Consequently, a $1,000 investment at this rate could potentially grow to $37,820 before the first exchange listing. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Ethereum (ETH), Toncoin (TON), Avalanche (AVAX), and Sui (SUI): Additional Considerations Other cryptocurrencies also present investment opportunities: Ethereum (ETH): Trading at $1,503.01, down 15.9%. Toncoin (TON): Priced at $1.001, showing a slight increase of 0.2%. Avalanche (AVAX): Currently at $15.68, experiencing an 8.8% decline. Sui (SUI): Trading at $1.85, down 13.9%. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion Established cryptocurrencies such as XRP and Bitcoin are projected to experience significant growth by 2025, offering substantial returns for investors. However, emerging projects like MAGACOINFINANCE present opportunities for even greater gains, with innovative approaches and attractive pre-sale incentives. As always, thorough research and consideration of market dynamics are essential when making investment decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: XRP and Bitcoin (BTC) Projected for 1,000% Gains, MAGACOINFINANCE Could Outperform Both
Bitcoin ( BTC ) fell to a four-month low of $74,500 on April 7, and data suggests that the price may not have bottomed yet. Investors dumped risk assets after US President Donald Trump doubled down on his plan to impose global tariffs over the weekend, triggering a $9.5 trillion wipeout in global equity markets. BTC/USD vs. TOTAL crypto market cap, S&P 500, and MSCI World index one-year performance. Source: TradingView Growing calls for a US recession have spooked risk investors while leaving crypto market participants wondering how low can the Bitcoin price go in the near future. Bitcoin eyes decline toward “Saylor’s average entry“ level Bitcoin is currently testing a critical technical level—the 50-week exponential moving average (50-week EMA)—which has historically acted as a dividing line between bull and bear phases. According to market analyst Ted Pillows and numerous other chartists , Bitcoin must reclaim the EMA, currently near $77,500, to avoid a deeper correction. BTC/USD weekly price chart. Source: TradingView/Ted Pillows If BTC fails to close back above it, Pillows warns of a potential decline toward the $69,000–$70,000 range, which aligns with the 2021 cycle highs. A further drop to $67,000, the average entry-level of Strategy’s Michael Saylor , also remains a possibility. Source: @ChrisTradesXYZ Bitcoin “max pain” target is near $69,000 Bitcoin appeared to have found short-term support at around $74,000, which corresponds to a notable cost-basis cluster where over 50,000 BTC are held. Glassnode’s UTXO realized price distribution (URPD) heatmap shows this is the first major cost-basis cluster below $80,000. These holders raised their average buy price until March 10, then stopped moving coins—showing confidence, not panic. Bitcoin URPD heatmap. Source: Glassnode Investors hold around 175,000 BTC in the $74,000–$70,000 range, creating a strong buffer zone. The largest cluster sits at $71,600, with 41,000 BTC concentrated there, making it the likely next support if $74,000 breaks. Related: Black Monday 2.0? 5 things to know in Bitcoin this week Meanwhile, Glassnode’s Short-Term Holder (STH) realized price bands place the current average STH cost basis at $89,000, with the -1 standard deviation band at $69,000. Bitcoin STH onchain cost basis bands. Source: Glassnode This level has acted as a historical “max pain” zone for short-term investors during pullbacks in previous bull cycles, suggesting the $69,000 level is a floor where weak hands capitulate and long-term investors often step in. A $50,000 Bitcoin price target cannot be ruled out Historical patterns reveal Bitcoin entering a prolonged bear market after breaking decisively below the 50-week EMA support. In most cases, such corrections have led the price toward the 200-week EMA, as shown in red circular areas below. BTC/USD weekly price chart. Source: TradingView If the fractal analysis plays out as intended, Bitcoin’s price target in the event of a 50-week EMA breakdown appears to be around $50,000, aligning with the 200-week EMA’s current positioning. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Amidst ongoing market instability and volatility, the XRP price maintained support levels, even as many altcoins crashed this past week. A well-known crypto pundit has spotlighted a critical resistance level at $2.3, saying that XRP’s next move will largely depend on whether it can successfully break through this barrier. XRP Price At $2.3: A Make Or Break Point According to AMCrypto, an analyst on X (formerly Twitter), XRP had been maintaining strong support at $2. Compared to other altcoins that experienced severe price crashes earlier this year, XRP was one of the few that didn’t fall below the February capitulation price. Related Reading: XRP Price Set For ‘Hot’ April With Low Fibonacci Levels And High $5-$8 Target The $2 price level was a key support zone that acted as a barrier for XRP, as buyers stepped in to prevent further price decline. Notably, XRP had been consolidating just above this point for the past few months, showing immense resilience amid broader market volatility driven by news of the United States (US) tariff plans. However, recently XRP has dropped below $2 and is now trading at $1.68. AMCrypto has shared a price chart, highlighting that XRP recently broke out of a Descending Triangle pattern — a formation usually associated with strong price moves. However, for this breakout to have real momentum, the altcoin must push past the critical resistance level at $2.3. If XRP manages to clear this resistance level, the analyst predicts that its price could experience a rapid push toward the $3.00 – $3.20 region, marking new highs. Looking at the analyst’s price chart, historically, the token has experienced two strong breakouts from similar Descending Triangles. The most recent triangle saw XRP break above the $2.3 resistance zone with strong bullish candles. AMCrypto has warned that without a decisive breakout above the $2.3 resistance, XRP’s price action will likely remain confined in a wider consolidation range. This does not bode well for a short-term momentum, as it would limit further upward movement for the cryptocurrency until stronger bullish confirmation emerges. Analyst Predicts Price Crash To $0.6 The XRP price appears to be mirroring the broader market’s bearish trend, plunging by approximately 20% in the last 24 hours, according to CoinMarketCap. The cryptocurrency has also declined by 30% over the past month, highlighting sustained downward pressure and waning investor confidence. Related Reading: Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits In a recent post on X, crypto analyst Jesse Colombo pointed out XRP’s recent breakdown below key support zones, warning that the cryptocurrency is likely headed for an even deeper price crash to $0.6. The analyst highlighted the formation of a Head and Shoulder pattern on the price chart, a classic bearish reversal signal that often precedes a significant downward move. With XRP’s price currently trading at $1.68, a decline to $0.6 would represent a significant 64% decrease. Notably, AMCrypto has identified new support levels between $2 and $2.2, indicating that a rebound to this range could act as a critical barrier against further downside for the altcoin. Featured image from Adobe Stock, chart from Tradingview.com
U.S. Senator Tommy Tuberville has introduced the Financial Freedom Act of 2025, which aims to permit all Americans to invest their retirement savings in Bitcoin. This legislative move follows Tuberville's earlier statement emphasizing the importance of the U.S. purchasing 1 million Bitcoin as a strategic step for the country. The act is designed to enhance financial autonomy for Americans by allowing them to allocate their retirement funds into the cryptocurrency market. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Exciting news for the decentralized finance (DeFi) space! Lista DAO, known for its lisUSD stablecoin, has just dropped a game-changer – Lista Lending. This brand-new peer-to-peer lending protocol is set to revolutionize how users interact with DeFi on the BNB Chain. Are you ready to explore how this innovative platform can potentially reshape your crypto lending experience? What is Lista DAO and Lista Lending? First things first, let’s understand the players. Lista DAO is the organization behind lisUSD, a stablecoin designed to maintain its peg to the US dollar. They are committed to expanding the utility and reach of lisUSD within the DeFi ecosystem. Now, stepping into the spotlight is Lista Lending , their latest creation. Announced on their official Medium page, this protocol is specifically designed to facilitate peer-to-peer lending directly on the BNB Chain. But what exactly does this mean for you? Enhanced lisUSD Utility: Lista Lending is strategically built to increase the demand and usage of lisUSD. By providing a robust lending and borrowing platform, it creates more avenues for users to engage with the stablecoin. Decentralized Lending Infrastructure: The core aim is to build a more efficient, transparent, and decentralized lending environment. This aligns with the fundamental principles of DeFi, moving away from traditional, centralized financial systems. BNB Chain Focus: By launching on BNB Chain , Lista DAO is tapping into a vibrant and active blockchain ecosystem, known for its speed and lower transaction costs compared to some other networks. In essence, Lista Lending is not just another lending platform; it’s a strategic move by Lista DAO to solidify its position in the DeFi space and empower users with more control over their assets within a decentralized framework. Why Peer-to-Peer Lending on BNB Chain is a Game Changer? Peer-to-peer lending , often abbreviated as P2P lending, cuts out the middleman – traditional financial institutions. Instead of borrowing from a bank, you borrow directly from another individual or entity through a platform like Lista Lending. This model offers several potential advantages, especially within the DeFi context on BNB Chain : Feature Traditional Lending Peer-to-Peer Lending (Lista Lending) Intermediary Banks, Financial Institutions Decentralized Protocol (Smart Contracts) Transparency Often Opaque, Limited Visibility Highly Transparent, On-Chain Transactions Efficiency Potentially Slower, Bureaucratic Processes Faster, Automated Processes via Smart Contracts Accessibility May Have Strict Requirements, Limited Access for Some Potentially More Accessible, Lower Barriers to Entry Control Less Control Over Terms and Conditions Potentially More Control, Negotiable Terms within Protocol Parameters BNB Chain further enhances the appeal of peer-to-peer lending due to its characteristics: Lower Fees: Transaction fees on BNB Chain are generally lower than on networks like Ethereum, making it more cost-effective for frequent lending and borrowing activities. Faster Transactions: BNB Chain boasts faster transaction speeds, ensuring quicker loan processing and fund transfers within Lista Lending. Growing Ecosystem: The BNB Chain ecosystem is continuously expanding, with a large user base and a wide array of DeFi projects, creating a fertile ground for Lista Lending to thrive. By combining the benefits of peer-to-peer lending with the advantages of BNB Chain , Lista DAO is positioning Lista Lending as a compelling alternative within the DeFi lending landscape. Diving Deeper: How Does DeFi Lending with Lista Lending Actually Work? While the specifics of the Lista Lending protocol will be detailed in their official documentation, we can infer some general mechanisms based on common DeFi lending protocols and the principles of peer-to-peer lending . Here’s a simplified breakdown: Liquidity Pools: Likely, Lista Lending will utilize liquidity pools. Users can deposit their crypto assets (potentially including lisUSD and other tokens supported on BNB Chain ) into these pools to provide liquidity. These depositors become lenders, earning interest on their deposited assets. Borrowing: Borrowers can then access these liquidity pools to take out loans. To borrow, users typically need to provide collateral, which is usually in the form of other crypto assets. The collateral acts as security for the loan, protecting lenders in case borrowers default. Interest Rates: Interest rates in DeFi lending protocols are often algorithmically determined based on supply and demand. When demand for borrowing is high, interest rates tend to increase, and vice versa. This dynamic mechanism aims to balance the interests of both lenders and borrowers. Smart Contracts: The entire process is governed by smart contracts. These self-executing contracts automatically manage loan terms, collateral, interest accrual, and repayment, ensuring transparency and reducing the need for intermediaries. Risk Management: Protocols like Lista Lending incorporate risk management mechanisms, such as liquidation thresholds. If the value of a borrower’s collateral falls below a certain level, the collateral may be automatically liquidated to repay the loan and protect lenders. It’s important to remember that DeFi lending , while offering exciting opportunities, also carries risks. Users should thoroughly understand the protocol’s mechanics, risk parameters, and the assets they are interacting with before participating. Unlocking the Potential of lisUSD Utility through Peer-to-Peer Lending A key driver behind Lista Lending is to significantly enhance the utility of lisUSD. How does peer-to-peer lending achieve this for the lisUSD stablecoin? Increased Demand: By making lisUSD a core asset within the lending protocol, Lista Lending naturally increases the demand for the stablecoin. Users who want to participate as lenders or borrowers within the platform might need to acquire lisUSD. Greater Circulation: As lisUSD is used for lending and borrowing activities, it circulates more actively within the DeFi ecosystem. This increased circulation can lead to wider adoption and recognition of lisUSD. Yield Opportunities: Lista Lending provides opportunities for lisUSD holders to earn yield by depositing their stablecoins into liquidity pools. This yield generation can be an attractive incentive for holding and utilizing lisUSD. Ecosystem Integration: The success of Lista Lending can further integrate lisUSD into the broader BNB Chain ecosystem. As more users and projects interact with lisUSD through lending and borrowing, its importance and relevance within the ecosystem grow. In essence, Lista Lending acts as a powerful catalyst for lisUSD, transforming it from just a stablecoin into a more actively utilized and integral component of the DeFi landscape on BNB Chain . What are the Benefits of Embracing Lista Lending? For users considering engaging with Lista Lending, what are the potential advantages? Here’s a breakdown of key benefits: Earn Yield on Your Crypto: Lenders can deposit their assets, including lisUSD, and earn passive income through interest accrued from borrowers. This can be a compelling way to grow your crypto holdings. Access Liquidity Without Selling: Borrowers can access liquidity by taking out loans against their crypto collateral without having to sell their assets. This is particularly useful for users who want to maintain their long-term crypto positions while accessing funds. Transparent and Decentralized: Lista Lending operates on the principles of DeFi, offering transparency and decentralization. All transactions and protocol rules are auditable on the blockchain, and there’s no central authority controlling the platform. Potentially Competitive Rates: Peer-to-peer lending platforms can offer competitive interest rates for both lenders and borrowers compared to traditional financial systems. Rates are often determined by market dynamics, potentially leading to more favorable terms. Financial Inclusion: DeFi platforms like Lista Lending have the potential to enhance financial inclusion by providing access to lending and borrowing services to a wider range of users, regardless of their location or credit history. However, it’s crucial to remember that these benefits come with associated risks, which we’ll explore next. Navigating the Challenges and Considerations of DeFi Lending While DeFi lending platforms like Lista Lending offer exciting opportunities, it’s essential to be aware of the inherent challenges and considerations: Smart Contract Risks: DeFi lending protocols rely on smart contracts, which, while generally secure, are still susceptible to bugs or vulnerabilities. A flaw in the smart contract code could potentially lead to loss of funds. Volatility Risk: The value of crypto assets, especially those used as collateral, can be highly volatile. Sudden price drops can trigger liquidations, potentially resulting in losses for borrowers. Liquidation Risk: As mentioned earlier, liquidation is a mechanism to protect lenders, but it poses a risk to borrowers. If the value of your collateral falls below the liquidation threshold, your assets could be automatically sold at potentially unfavorable prices. Regulatory Uncertainty: The regulatory landscape for DeFi is still evolving. Changes in regulations could potentially impact the operation and legality of DeFi lending platforms. Complexity: DeFi lending can be complex, especially for newcomers to the crypto space. Understanding the mechanics of liquidity pools, collateralization, and liquidation risks requires effort and due diligence. Before participating in Lista Lending or any DeFi lending platform, it’s vital to conduct thorough research, understand the risks involved, and only invest what you can afford to lose. Start with smaller amounts and gradually increase your participation as you become more comfortable with the platform and the associated risks. Conclusion: A Promising Step Forward for DeFi on BNB Chain Lista DAO’s launch of Lista Lending on BNB Chain marks a significant step forward for the DeFi ecosystem. By introducing a peer-to-peer lending protocol focused on enhancing lisUSD utility, they are contributing to a more robust and versatile decentralized financial landscape. The potential benefits for users are clear: opportunities to earn yield, access liquidity, and engage in transparent and decentralized financial activities. While challenges and risks remain inherent in the DeFi space, platforms like Lista Lending are pushing the boundaries of financial innovation and offering compelling alternatives to traditional systems. As the DeFi space continues to evolve, keep a close eye on developments like Lista Lending. Understanding these innovations and engaging responsibly can open up new avenues within the exciting world of decentralized finance. Will Lista Lending truly revolutionize peer-to-peer lending on BNB Chain ? Only time will tell, but the initial signs are certainly promising! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action.
Wall Street asset manager Teucrium Investment Advisors is launching a leveraged exchange-traded fund that tracks XRP, the crypto tied to Ripple Labs and the center of a years-long battle with U.S. regulators. The new fund, named the Teucrium 2x Long Daily XRP ETF, is designed to return twice the daily performance of XRP and will begin trading Tuesday under the ticker XXRP, based on details listed on Teucrium’s own site. The company says this will be the first ETF in the U.S. to offer leveraged exposure to XRP, the fourth-largest crypto by market cap, currently valued at about $111 billion. The product comes with a 1.85% expense ratio. Teucrium opens the fund after Ripple’s legal case gets dropped Teucrium’s ETF filing confirms the company may eventually add XRP futures or other financial products tied to XRP, if the firm finds it appropriate. At the moment, there are no XRP futures actively trading on any major U.S. commodities exchange. The launch comes just weeks after the U.S. Securities and Exchange Commission dropped its case against Ripple Labs, the company behind the creation of XRP. The legal action had dragged on for years before being abandoned during the current Donald Trump administration, which has pulled back on a number of crypto enforcement efforts since returning to the White House. These rollbacks have included cases against Coinbase and Binance, which were both tossed in recent months. Brad Garlinghouse, Ripple’s Chief Executive Officer, said during a Bloomberg TV interview last month that the dropped lawsuit “provides a lot of certainty for Ripple.” Despite that, Ripple and the SEC remain locked in other ongoing litigation. Crypto markets as a whole have taken a hit since Trump’s election victory, with many of the gains made during the bull market now wiped out. Traders point to fallout from Trump’s tariff-heavy policies, which triggered a wave of sell-offs across the crypto space. Sal Gilbertie, Teucrium’s founder and CEO, said during an interview that the current price dip made it a good moment to launch a new product. “What better time to launch a product than when prices are low?” he said. Gilbertie also claimed there has been strong investor interest in XRP, and he believes the leveraged angle will drive even more interest. “You can’t really time it. You just launch when you launch.” Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
FLOKI may be ready for an upswing on the charts after corrections pass.