Will BONK flip $0.00002626 or retreat again like in April?
On-chain data reveals a significant transaction involving an Ethereum (ETH) swing trading whale, who liquidated 3,441 ETH tokens at an average price of $2,960 each, generating proceeds of approximately 10.18
Mexican officials were caught off guard by Donald Trump’s threat to impose a 30% tariff on Mexican goods, despite months of high-level talks, joint anti-drug efforts, and growing diplomatic cooperation along the border. Trump released the letter on Saturda y, accusing Mexico of failing to curb drug trafficking and dismantle powerful cartels. “What Mexico has done is not enough,” he wrote. “Mexico still has not stopped the Cartels.” Its timing and tone came as a surprise. Senior Mexican officials, including the heads of the country’s security and economic teams, have visited Washington frequently recently to persuade Trump’s team that progress was being made. Mexico says they are willing to work with the US to secure the border and thwart drug trafficking. President Claudia Sheinbaum gave a measured response, urging her government to remain calm. In a brief statement, she advised her counterparts not to overreact. However, officials within the government reportedly expressed frustration, with those involved in the negotiations feeling that their goodwill had been dismissed. They noted that, so far, their cooperative efforts had yielded little in terms of concrete assurances. Mexico acts to defend record of drug crackdowns So far, Mexico has responded to US concerns. It has intensified the scrutiny and dismantling of drug-trafficking operations. The government has extradited scores of high-level suspects to the US and made big seizures along the most important smuggling routes. Mexican officials say they have increased surveillance and arrests in cartel-ruled regions. On the legislative front, the Sheinbaum government has sought to reform to strengthen investigations into organized crime and prosecute long-dragged-out cases. Still, the president’s letter rejected Mexico’s actions as insufficient. Some analysts said Trump’s move was more about politics than economics. Mexican officials will likely have little choice but to collaborate with the US authorities, who will demand increasing collaboration not only on immigration and border enforcement, but also to intensify the battle against drug cartels and fentanyl. This will help to secure continued competitive access to the US marketplace, according to Alberto Ramos, head of Latin American economics at Goldman Sachs in Buenos Aires. Some also say that the drug problem in the United States is complicated and can’t be solved by one country alone. While Mexico’s cartels do produce and move drugs, much of that demand, and the cash and guns that fuel the killing, comes directly from the United States. Mexico seeks fairer NAFTA deal as trade tensions escalate Regardless of its perceived impact, analysts noted that Trump’s tariff threat was unlikely to carry the economic weight it suggested. According to Bloomberg Economics, the proposed 30% levy would primarily target goods not covered under the USMCA. In practice, they pointed out that nearly 83% of US imports from Mexico in May had already been exempt due to compliance with the trade agreement. Yet the symbolism of the threat is potent. It stirs doubts among Mexican businesses and could make investors nervous. The rate is barely below the 35% tariff President Trump recently imposed on Canadian imports , even though Canada has been more openly confrontational with Trump, while Mexico has deprioritized speaking out. Mexico has also come under pressure from the tariffs on specific industries such as steel and a proposed duty on copper in recent weeks. The flurry set off new discussions in Washington. Since Friday, Mr. Ebrard , the economy minister, has been meeting with the US trade representative, the Commerce Department, and the White House. The letter already elicited reactions from the stock market. The US stock index futures fell Sunday evening as Wall Street gears up for another week of trade uncertainty, with the second quarter earnings season still picking up. S&P 500 futures fell 0.4% and Nasdaq 100 futures fell 0.5%. Futures on the Dow Jones Industrial Average dipped 183 points, or 0.4%. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Metaplanet Inc. has been announced as the Title Sponsor of Bitcoin Asia 2025, underscoring its leadership in Bitcoin-native treasury strategies across Asia. With a substantial holding of 15,555 BTC, Metaplanet
Game-changing crypto regulation could cement U.S. dominance in blockchain innovation, driving explosive growth and global leadership in digital assets. Ripple CEO Calls for Urgent US Crypto Legislation Robust legislation could decisively position the U.S. as the global hub for digital asset innovation while protecting consumers and revitalizing financial infrastructure, Ripple CEO Brad Garlinghouse told lawmakers.
SharpLink Gaming has significantly expanded its Ethereum portfolio, now holding a substantial total of 270,000 ETH. This accumulation reflects the company’s strategic positioning within the blockchain gaming sector. The current
Ethereum’s recent breakout above $3,000 signals renewed bullish momentum in the crypto market, with key technical indicators supporting a sustained upward trend. While Solana lags behind major cryptocurrencies like Ethereum
Former U.S. President Donald Trump recently commented on the leadership of the Federal Reserve, stating that if Jerome Powell were to step down as Fed Chair, it would be a
BofA expects S&P 500 to reach record highs by year-end. Resilience and adaptability of U.S. Continue Reading: Bank of America Predicts S&P 500 to Reach Record Highs The post Bank of America Predicts S&P 500 to Reach Record Highs appeared first on COINTURK NEWS .
Cryptocurrency markets are stirring once again, with certain tokens showing signs of significant movement. PEPE and SHIB are catching attention as potential candidates for a breakout. This article explores the factors driving their recent activity and examines whether these coins are poised for rapid growth. Discover what might be fueling this renewed interest and what lies ahead for these digital assets. Pepe (PEPE) Eyes Resistance as Price Climbs Source: tradingview Pepe's price is buzzing between $0.0000092 and $0.0000108. It's gearing up, moving 25% up in just a week. If it keeps climbing, it could hit its nearest resistance at $0.0000116, a bump of around 20% from its lower price. Beyond that, the target is $0.0000132, which is nearly a 40% rise. However, with an RSI around 43, the market isn't in overbought territory yet, showing potential for further growth. Still, any downturn will seek support near $0.0000084, a 10% dip, or even $0.0000068, nearly a 25% drop. Pepe could keep moving up if the current trend holds steady. Shiba Inu (SHIB) Eyes New Heights as Recent Surge Continues Source: tradingview Shiba Inu (SHIB) is on an upward trend, with its price currently swinging between $0.00001122 and $0.00001228. The coin has shown a promising gain of over 14% this past week. If the momentum holds, SHIB could break through its resistance at $0.00001274, heading toward the next level at $0.00001380. Such growth indicates the potential for an additional rise of around 12% from the highest point of its current range. Still, the market is quite dynamic, and SHIB's overall six-month decline shows there are still challenges ahead. If SHIB slips, it might find support near $0.00001062 or, more concerning, at $0.00000956. Conclusion PEPE and SHIB exhibit strong patterns hinting at potential growth. Buyers and sellers keep a close eye on their movements. Increased interest and activity might soon push their prices higher. Holders of these coins may experience new highs if momentum keeps building. It is essential to stay updated with market trends and factors influencing these coins. 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.