U.S. stocks closed higher as investors welcomed signs of progress on trade policy and processed a flurry of corporate earnings. The Dow Jones Industrial Average rose 300 points, or nearly 0.75%, while the S&P 500 gained 0.6% and the Nasdaq Composite added 0.5%. The bounce gained momentum in the afternoon after U.S. Commerce Secretary Howard Lutnick told CNBC that a trade deal with an unnamed country was “done” but awaiting approval abroad. Investors interpreted the remarks as a positive signal amid uncertainty surrounding Trump’s trade strategy. Despite the rally, President Donald Trump’s first 100 days of his new term have shaped up to be the worst for markets at the start of a presidency since Richard Nixon’s in 1973. The S&P 500 is on track for its biggest loss over the first 100 days of a presidential term in more than five decades. You might also like: Trump’s 100-day speech could signal Bitcoin policy shift: analysts Trump’s auto-related executive order Earlier, Trump signed an executive order preventing overlapping auto tariffs, offering a reprieve to automakers already strained by existing levies. General Motors, which posted stronger-than-expected earnings, pulled its 2025 guidance and suspended share buybacks while awaiting further clarity. Amazon shares also reversed losses after denying plans to display tariff-related surcharges on its site. The White House had called the rumored move a “hostile and political act.” Earnings were in focus, with Spotify and Coca-Cola reporting before the bell, and Starbucks due after the close. Honeywell jumped 5% after a solid earnings beat, helping lead the Dow higher. Still, economic data underlined broader uncertainty. Consumer confidence fell for the fifth straight month, and job openings hovered at a four-year low. Bitcoin ( BTC ) traded around the $95,000 threshold for most of the day. You might also like: ‘Massive year for crypto in the U.K.’: London unveils sweeping crypto rules, eyes regulatory ties with USA
The cryptocurrency market is responding positively ahead of U.S. President Donald Trump’s rally in Michigan, with Bitcoin showing marginal gains alongside other altcoins. The increasing interplay between crypto assets and
While our primary focus is the dynamic world of cryptocurrency, paying close attention to movements in the traditional financial markets, particularly the US stock market , remains crucial for savvy investors. Why? Because despite the decentralized ethos of crypto, there’s often a significant market correlation between digital assets and major stock indices. Today, the US stock market has opened on a mixed note, presenting a picture that warrants closer examination. Understanding the Mixed Opening in the US Stock Market As the trading day commenced, the initial sentiment across the major US indices wasn’t uniform. Here’s a quick snapshot of how the key benchmarks performed right out of the gate: Index Opening Performance S&P 500 -0.36% NASDAQ -0.57% Dow Jones Industrial Average (Dow) +0.02% This mixed picture indicates differing pressures on various sectors of the economy. The NASDAQ , heavily weighted towards technology and growth stocks, saw the most significant dip among the three. The S&P 500 , representing the broader market with 500 large US companies, also opened lower, albeit less dramatically than the NASDAQ. In contrast, the Dow Jones , tracking 30 large, publicly owned companies based in the United States, managed a fractional gain. Diving Deeper: Why the Divergence in NASDAQ, S&P 500, and Dow Jones? A mixed opening like this often points to specific factors influencing different market segments. The underperformance of the NASDAQ and S&P 500 could be attributed to several potential drivers: Sector Rotation: Investors might be shifting away from growth-oriented tech stocks (prominent in NASDAQ and S&P 500) towards more value-oriented or defensive sectors (often found in the Dow) in response to economic data or changing sentiment. Interest Rate Expectations: Uncertainty or negative news regarding inflation and future interest rate hikes can disproportionately impact growth stocks, as their future earnings are discounted at a higher rate. Specific Company News: Major companies within the NASDAQ or S&P 500 might have released earnings reports or news that negatively affected their stock prices and, consequently, the index. Geopolitical or Macroeconomic Headwinds: Broader concerns about the economy, supply chains, or international events can dampen overall market enthusiasm, particularly for riskier growth assets. The slight uptick in the Dow Jones might reflect relative strength in the industrial, financial, or healthcare sectors that comprise the index, suggesting some resilience or positive news in those specific areas. The Crucial Question: How Does This US Stock Market Movement Affect Crypto? This is where the market correlation becomes a key consideration for our audience. Historically, especially since the increased institutional adoption of Bitcoin and other major cryptocurrencies, the crypto market has shown a notable correlation with the US stock market , particularly the tech-heavy NASDAQ . Are Crypto and Stocks Still Tightly Linked? The degree of market correlation can vary. At times, Bitcoin and other cryptocurrencies seem to move in tandem with tech stocks, reacting similarly to macroeconomic news, changes in liquidity, and investor risk appetite. When traditional markets are risk-on (investors are comfortable taking risks), crypto often performs well. When traditional markets are risk-off (investors become cautious), crypto can see declines, sometimes even amplified moves due to its higher volatility. However, there are also periods where crypto exhibits less correlation, driven more by internal factors like network developments, regulatory news specific to the crypto space, or unique market dynamics like halving events for Bitcoin. A mixed opening in the US stock market , with tech underperforming, could potentially signal a cautious mood that might spill over into the crypto market. Investors might interpret the dip in NASDAQ and S&P 500 as a sign of decreasing risk appetite, leading them to reduce exposure to volatile assets like cryptocurrencies. Potential Challenges and Implications for Crypto Investors Understanding this correlation presents both challenges and opportunities. The primary challenge is that diversification benefits might be reduced if both asset classes move together. If the US stock market enters a significant downturn, the crypto market might follow, offering less refuge than some might hope. Implications of a mixed or downward trend in stocks for crypto could include: Reduced Liquidity: As investors pull back from risk assets in traditional markets, less capital might flow into the crypto space. Sentiment Shift: Negative sentiment in stocks can easily transfer to crypto, leading to selling pressure. Macro Sensitivity: Crypto remains highly sensitive to the same macroeconomic indicators (inflation, interest rates, Fed policy) that are currently influencing the S&P 500 and NASDAQ . Actionable Insights for Navigating Correlated Markets Given the observable market correlation , what steps can crypto investors consider? Monitor Traditional Markets: Keep an eye on major indices like the NASDAQ , S&P 500 , and Dow Jones , as well as key economic indicators and news. Understand the ‘Why’: Don’t just note the price movement; try to understand the underlying reasons (e.g., inflation data, Fed comments, sector performance) driving the stock market’s direction. Assess Your Risk Tolerance: Recognize that crypto’s volatility can be amplified by broader market movements. Ensure your portfolio aligns with your risk tolerance. Diversification Beyond Crypto: Consider diversification strategies that might include asset classes less correlated with both stocks and crypto, if appropriate for your investment goals. Long-Term Perspective: While short-term correlation exists, the long-term value proposition of specific crypto projects is driven by their technology, adoption, and fundamentals. Maintain a focus on your long-term investment thesis. Conclusion: Staying Informed is Key Today’s mixed opening in the US stock market serves as a fresh reminder of the interconnectedness of global financial markets. While the Dow Jones showed slight resilience, the dips in the NASDAQ and S&P 500 highlight prevailing cautious sentiment, particularly around growth and technology sectors. For those invested in digital assets, understanding this market correlation is not just academic; it’s a practical necessity for navigating potential volatility and making informed decisions in the ever-evolving financial landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
A prominent figure in the cryptocurrency space, known as DustyBC, has asserted that owning only XRP may be sufficient for long-term financial growth. His comments have reignited debate within the digital asset community about the potential of XRP as a stand-alone investment. Confidence in XRP’s Potential DustyBC, who has a large following in the crypto ecosystem, believes XRP has the strength to deliver significant returns over time, even without diversifying into other tokens. He suggests that XRP’s fundamentals, use case, and market position provide enough reason for investors to hold it as a sole asset. I seriously think only holding $XRP is enough to make it.. — DustyBC Crypto (@TheDustyBC) April 27, 2025 This viewpoint has received support from several community members. One user emphasized the value of a concentrated strategy, saying that committing to one strong asset can be more effective than spreading funds across weaker or less promising ones. Such views reflect a broader belief among some investors that XRP has not yet reached its peak and still holds transformative potential. Supporters often point to XRP’s utility in facilitating fast and low-cost international payments. With global payment markets projected to reach hundreds of trillions of dollars in the coming years, proponents believe XRP could benefit even from capturing a small portion of that volume. Community Divided on Investment Strategy Despite the enthusiasm, not everyone agrees with the idea of relying on XRP alone. Critics of this approach emphasize the importance of portfolio diversification, especially in a market known for volatility. A user going by the name “Crypto Degen” commented that spreading investment across multiple credible assets offers more security and reduces risk exposure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 While some remain optimistic, others warn that XRP’s current market capitalization may limit its growth potential. Skeptics argue that expecting massive returns from an already established asset might be unrealistic. They estimate a possible gain of 7x to 10x in the best-case scenario, which they believe is far from transformational for most retail investors. Ongoing Debate Over Token’s Future The conversation around XRP continues to attract varying opinions. Market analysts such as Davinci Jeremie have discouraged long-term investment in the token, viewing it instead as suitable only for short-term trading opportunities. This cautious stance contrasts with the more aggressive predictions of influencers like DustyBC, who claim that investors holding only XRP may one day achieve considerable financial success. Ripple’s ongoing partnerships , technological advancements, and legal clarity are factors often cited by supporters who remain optimistic about XRP’s future value . Some have gone as far as to say that not owning a minimum number of XRP tokens reflects a lack of investment foresight. Ultimately, while DustyBC’s assertion has found an audience among certain investors, others remain unconvinced, advocating for a more balanced approach to digital asset investment. 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 Analyst Says Holding XRP Could Secure Financial Success: Details appeared first on Times Tabloid .
The president is scheduled to speak at a Michigan rally Tuesday evening.
Nasdaq recently filed a formal filing with the U.S. Securities and Exchange Commission (SEC) to list and trade the 21Shares Dogecoin Exchange Traded Fund (ETF). This application officially starts the SEC’s review process. If approved, Dogecoin (DOGE), the largest memecoin by market value, is set to become more valuable in traditional finance. Nasdaq Submits S-1 Form to the SEC Nasdaq’s S-1 form filing submitted to the SEC for the 21Shares Dogecoin ETF is a big first step in the approval process. The SEC will now review and publish the application in the Federal Register. After that, the public will have a chance to share their opinions. Once that is done, the SEC will decide whether to approve or deny the ETF. This move follows a separate 19b-4 form that asset manager 21Shares filed earlier in April. The form showed the company’s interest in offering an ETF allowing institutional investors to buy into Dogecoin without holding the token directly. What This Means for Dogecoin If the ETF is approved, institutional investors like pension funds, hedge funds, and even financial banks could quickly start buying Dogecoin. This could bring more fresh funds into the digital asset and make it more popular in traditional markets. According to CoinMarketCap data, Dogecoin is trading at $0.178388, down 0.46% in the past 24 hours. The 21Shares Dogecoin ETF approval could lead to more interest, bringing in fresh funds and possibly pushing the market price of DOGE even higher. This initiative hints at a growing confidence in the memecoin market. Like 21Shares, other big companies, including Bitwise and Grayscale, have also submitted filings for a Dogecoin ETF. This shows major financial firms’ growing interest in the memecoin market. Meanwhile, popular asset manager Canary Capital said it is not interested in joining the bandwagon. In February, a report from Steven McClurg, Canary Capital CEO, highlighted that Dogecoin lacks utility in the broader crypto industry and has an unlimited supply. McClurg revealed these two factors discourage Canary Capital from considering launching an ETF. Many Anticipate SEC’s Decision As announced, the SEC will review the application over the coming weeks. The regulatory agency will publish the application, collect public comments, and make a final decision. Notably, if demand for Dogecoin keeps growing in the crypto market, more companies could submit more ETF filings. The crypto community is waiting to see what the SEC decides. A green light from the regulator could help Dogecoin become more widely accepted in the world of investment. The post Nasdaq Files for 21Shares Dogecoin ETF, What Next? appeared first on TheCoinrise.com .
The Ethereum price has risen by 1.5% in the past 24 hours, reaching $1,835 as the crypto market as a whole drops by the same percentage today. This lift comes as its 24-hour trading volume climbs to $15.9 billion, having stood at only $9 billion a couple of days ago. This increase points to renewed buying pressure and accumulation, with the alt also up by 13% in the past week. And because it remains down by 40% in the past year, the Ethereum price still has plenty of catching up to do, suggesting that more gains may be very close . Whales Buying the Dip? Ethereum Price Prediction Turns Ultra Bullish After $9B Surge What’s particularly encouraging about Ethereum’s chart today is that its indicators have flipped bullish after several months of decline. We see that, after dropping below the 200-day average (blue) in early February, the 30-day average (orange) is now climbing again. Source: TradingView It’s a similar story with ETH’s RSI (purple), which has recently climbed over 50 and looks like it could head up to 70 or higher. And the point here is that these indicators still have plenty of space left to climb before they enter decidedly overbought territory. In other words, we could see ETH reach $3,000 by late June, as we suggest in the chart above. This will follow in part from rising ETH fund balances, with the latest CoinShares Digital Asset Fund Flows report showing that Ethereum-based attracted $183 million in net inflows in the week to April 28. US$3.4bn inflows last week, the 3rd largest on record as invests seek alternative safe havens @Bitcoin was the main focus with inflows of US$3.18bn last week, followed by @ethereum with US$183m. @solana was the only altcoin to see outflows last week, totalling US$5.7m, ahead… pic.twitter.com/JyI267c8Am — CoinShares (@CoinSharesCo) April 28, 2025 This makes second only to Bitcoin in terms of weekly flows, and in terms of total assets under management. In fact, the AUM for ETH funds stands at $9.2 billion, with its nearest rival – Solana – at only $1.3 billion. This dominance stems from Ethereum’s more established position as a layer-one network, with its TVL still accounting for 51.3% of the entire crypto sector , and this doesn’t include Ethereum-based L2s. It’s therefore likely to build on this position, with the Ethereum price moving upwards in tandem. Indeed, ETH could not only hit $3,000 by July, but could end the year at $4,000. High-Potential New Altcoin That Could Outpace Ethereum As fundamentally sound as Ethereum is, its status as an established token could mean that its price gains remain relatively gradual. So if traders are looking for quick, above-average returns, they may consider diversifying into newer tokens, including presale coins. The latter can often rally big when they list for the first time, with one promising candidate for this being Bitcoin Bull (BTCBULL) , an ERC-20 token that has now raised $5.1 million in its ongoing ICO. $5M RAISED. No gloves. No brakes. pic.twitter.com/7ZZMEZcZoU — BTCBULL_TOKEN (@BTCBULL_TOKEN) April 28, 2025 Bitcoin Bull is interesting because, as its name suggests, it ties its tokenomics to Bitcoin’s price. Namely, it has a hard cap of 21 billion BTCBULL , with its protocol burning a portion of this supply every time Bitcoin reaches a new price milestone. This will start with $125,000, and then repeat with every additional $25,000. At the same time, BTCBULL will reward holders with Bitcoin (BTC) airdrops at each $50,000 milestone, making the coin potentially very rewarding to hold. And because it’s an Ethereum-based token, holders will also be able to stake the coin for a passive income. Investors can join this sale by going to the Bitcoin Bull website and connecting a compatible wallet, such as MetaMask or Best Wallet. It’s selling at $0.002485, although this will rise again tomorrow, and will continue to rise until the sale ends. The post Whales Buying the Dip? Ethereum Price Prediction Turns Ultra Bullish After $9B Surge appeared first on Cryptonews .
A new Solana-based memecoin called Trump Ends Tariffs (TRUMPTAR) is taking the crypto world by storm, drawing immediate comparisons to early breakout tokens likeDogWifHat (WIF), Shiba Inu (SHIB), and Dogecoin (DOGE). With a fresh launch and early trading activity picking up speed, many believe TRUMPTAR could be the next big thing in the memecoin market. Launched with over $6,000 in initial liquidity—a higher starting point than many newcomers—TRUMPTAR is currently available on decentralized Solana platforms like Raydium.io and Jup.ag . Early buyers are already speculating on huge gains, especially with rumors swirling of imminent listings on top-tier centralized exchanges (CEXs). These rumored listings could prove to be a game-changer, injecting massive visibility and liquidity into the token, pushing its price up massively and benefitting early investors. When confirmed, such exposure could open the floodgates to millions of new investors and potentially drive TRUMPTAR’s price up by over 13,000%, according to bullish projections. Historically, listings on major CEXs have triggered meteoric rises in price for other memecoins—and TRUMPTAR may follow that pattern. How to Get In Early Investors looking to secure a position before any centralized listings go live can purchase TRUMPTAR using Solana (SOL) on Raydium.io or Jup.ag . All that’s needed is a compatible crypto wallet—Phantom, Solflare, or MetaMask—connected to one of the DEX platforms. Once connected, users simply paste the contract address w7h5t9MrJ77Cu2VCf2apxaMSK1KFkPf6fWNJ7uee144 to begin swapping SOL for TRUMPTAR. Setting up a wallet is quick and easy, and SOL can be transferred from popular exchanges like Binance or Coinbase. Early entry could prove highly lucrative if TRUMPTAR follows the same parabolic rise seen in the early days of DOGE and SHIB. Investors Eyeing the Next Viral Solana Token As major memecoins like SHIB, DogWifHat and DOGE lose steam, many in the crypto community are shifting their focus to new Solana-based tokens. TRUMPTAR, with its catchy branding and growing online buzz, appears to be leading this new wave of interest. Despite offering no inherent utility, TRUMPTAR is feeding the ongoing hunger for high-risk, high-reward plays—especially among speculators betting on the next 100x moonshot. And if the CEX listing rumors prove true, this could be just the beginning. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
As the momentum for 2025 builds, early-stage opportunities are capturing serious attention from investors. Bitcoin (BTC) maintains its leadership position, Ethereum (ETH) drives smart contract innovation, Ripple (XRP) expands payment solutions, and Solana (SOL) continues leading blockchain speed advancements. Amid these major players, MAGACOINFINANCE is gaining traction as one of the top stealth-stage entries set to shape the next breakout cycle. Early conviction continues to be the key difference between chasing hype and creating real success. MAGACOINFINANCE Surges With Early Market Strength Within minutes of launching, MAGACOINFINANCE became one of 2025’s most-watched opportunities among investors aiming to catch the next big move. Wallet adoption continues growing steadily, community traction is accelerating, and early positioning among smart investors is becoming undeniable. A major advantage remains for early entrants with a 50% bonus is still active—offering significant upside potential before broader listings flood the market. Other Projects Driving Growth This Cycle Prominent projects like Cardano (ADA) , Bitcoin (BTC) , Sei Network (SEI) , and Polkadot (DOT) are also seeing increasing momentum. ADA builds sustainable blockchain innovation, BTC leads global decentralized assets, SEI delivers high-speed decentralized finance solutions, and DOT enables seamless blockchain interoperability. Despite their strengths, MAGACOINFINANCE stands out for offering unmatched stealth-phase potential at this early stage. Why MAGACOIN FINANCE Is Standing Out From Other Tokens Analyst coverage and market sentiment reveal that MAGACOINFINANCE is outperforming expectations among early investors. With authentic growth, disciplined expansion, and smart strategic accumulation happening now, MAGACOINFINANCE is becoming one of the most serious early opportunities heading into 2025. Early movers are positioning now, well ahead of mainstream recognition. Final Word While Bitcoin (BTC) , Ethereum (ETH) , Ripple (XRP) , and Solana (SOL) continue leading the market, MAGACOINFINANCE is stealthily establishing itself as the top early-stage opportunity. Those who move early are setting themselves up to lead the next wave of success. For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Could Ethereum Be the Game-Changer for 2025? XRP, Solana, Arbitrum, and Sei Are Gaining Traction
Blockstream chief executive Adam Back has a huge prediction for Bitcoin’s ( BTC ) market cap. Back says on the social media platform X that the business intelligence firm Strategy and other companies employing a BTC treasury policy “are an arbitrage of the dislocation between the Bitcoin future and today’s fiat world.” “A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization. Scalable enough for most big listed companies to move to BTC treasury.” Back argues a strategy involving the flagship crypto is “a logical and sustainable arbitrage.” “But not forever, the driver is Bitcoin price going up over four-year periods faster than interest and inflation. Post-hyperbitcoinization, mNAV probably trends to 1.” MNAV stands for “multiple of net asset value,” and it refers to the ratio of a company’s stock price in relation to the value of the Bitcoin that the company holds per share. Back also says BTC treasuries are part of a long-term effort to reprice the world in Bitcoin. The Blockstream CEO argues BTC will “become the hurdle rate for operating companies.” Bitcoin is trading at $93,773 at time of writing. The top-ranked crypto asset by market cap is up nearly 8% in the past seven days. 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 $200,000,000,000,000 BTC Market Cap Now in Play As ‘Hyperbitcoinization’ Takes Shape: Bitcoin OG Adam Back appeared first on The Daily Hodl .