Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SOL and ADA rally following the US crypto reserve announcement, whale interest in Rollblock (RBLK) soars. Table of Contents Solana traders eye $200 Cardano surged over 70% after reserve announcement Rollblock hits $0.06 after a 600% surge Is Rollblock the next 100x gem? The announcement of the US crypto strategic reserve sent the market into a frenzy, with altcoins like Solana (SOL) and Cardano (ADA) seeing double-digit gains. In just 24 hours, the total market capitalization surged by over 6%, reaching $3.17 billion. For Rollblock (RBLK), this market rally presents a prime opportunity. The GameFi protocol is rapidly reshaping the online gaming industry, and its native token has already surged over 600%, climbing to $0.06. With momentum building, investors are rushing to secure their share of RBLK before prices soar even higher, pouring thousands into the presale. Solana traders eye $200 Solana surged 25% to $180 after Donald Trump announced Solana’s inclusion in the US crypto strategic reserve alongside Bitcoin, Ethereum, XRP, and Cardano. Increased trading volume fueled optimism, though Solana later retraced to $140, marking a 19.78% intraday dip. Despite volatility, Solana remains a leader in blockchain activity. In February, it topped DEX trading volume with $105 billion, surpassing Binance Smart Chain’s $84 billion and Ethereum’s $82 billion. The network also saw $700 million in bridged asset inflows, with $400 million coming from Ethereum. Solana’s NFT market also expanded, attracting 146,000 new users, a 32% increase that solidifies its dominance in the NFT sector. However, skepticism remains. Coinbase CEO Brian Armstrong and Bitwise’s Jeff Park argue Bitcoin should be the only reserve asset, citing institutional trust. Arthur Hayes dismissed Trump’s plan as political rhetoric, questioning its feasibility. Meanwhile, Peter Schiff criticized the reserve altogether. With strong institutional interest and bullish momentum, Solana is positioned to test $200 soon. Key support sits at $135, while a breakout above $184 could push Solana toward $213, according to Ali Martinez. Short-term volatility remains a risk, but on-chain growth reinforces its long-term potential. Cardano surged over 70% after reserve announcement Cardano surged more than 70% after Donald Trump’s announcement of a US crypto strategic reserve. This sparked renewed investor interest, pushing ADA’s trading volume up 1,807% to $10.74 billion and securing its spot as the eighth-largest cryptocurrency. Data shows large holders accumulated 130 million ADA following its drop to $0.57. Network activity is also surging, with reports showing a 157% jump in active wallets to 3,720, while daily transactions have risen 200% to 17,120. DeFi activity is also expanding, with Cardano’s TVL increasing 38.87% to $499 million. Despite the rally, Cardano faces resistance at $1.13. Analyst Ali Martinez predicts a breakout above $1.19 could drive ADA to $2.20, potentially setting the stage for new multi-year highs. You might also like: US crypto reserve bombshell sends XRP, ADA soaring; ETH whales eye GameFi utility project Rollblock hits $0.06 after a 600% surge Despite generating over $450 billion annually, the online gaming industry remains vulnerable to fraud. Reports show iGaming scams have surged 64% in two years, with projections expecting further increases in 2025. Rollblock is tackling this issue, attracting thousands of players and investors. The platform offers over 7,000 AI-powered games – more than most traditional gaming sites – while operating entirely on the Ethereum blockchain. Every outcome is recorded and encrypted on-chain, eliminating fraud. Rollblock holds a full e-gaming license from the Anjouan Gaming Authority to reinforce trust, with a passed SolidProof audit. This focus on security and fairness has driven rapid adoption. In February alone, Rollblock’s presale raised over $2 million, pushing total funding to nearly $11 million. The platform gained over 10,000 new players, with deposits and wagers increasing significantly. Its potential has caught attention, with YouTuber Crypto Nautic highlighting Rollblock’s strong growth prospects. At the core of this ecosystem is RBLK, the platform’s utility token for transaction fees, staking, and passive income. With a fixed supply of 1 billion, Rollblock’s revenue-sharing model continuously reduces circulating supply, boosting demand and price. Currently priced at $0.06, RBLK is among GameFi’s first deflationary tokens, making it highly attractive to both retail investors and crypto whales. Is Rollblock the next 100x gem? Rollblock has already surged 600% in ten presale rounds, climbing from its initial price of $0.01 to $0.06. With momentum showing no signs of slowing, investors believe RBLK could reach $1 by the end of 2025. Notably, investors who refer others enjoy a massive 30% bonus throughout March. For more information on Rollblock, visit the website or socials . Read more: Shiba Inu could outperform Dogecoin, analysts see massive upside for a viral GameFi token Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
As the digital gaming scene continues to evolve rapidly, a hot topic of conversation has become the link between cryptocurrency and online gambling. In Canada, the rise of crypto casinos is creating new opportunities and challenges for gamers. What Are Crypto Casinos and How Do They Work? Crypto casinos function like traditional online casinos but without games. They accept cryptocurrency for payments. Players deposit, play, and withdraw with digital currencies like Bitcoin, Ethereum, and Litecoin. This is a sharp contrast with traditional casinos that use fiat currencies and conventional banking methods. The use of blockchain technology in crypto casinos provides a transparency, security, and fairness advantage. Unlike conventional casinos where transactions happen through banks or payment processors, the role of cryptocurrency in online casinos works by using decentralized networks and does not require the need for intermediaries. Several crypto casinos also provide provably fair gaming where players can verify that bets are random and fair using cryptographic methods. Withdrawal speeds and payout rates are also important for players looking for high-payout casinos. If you're looking to compare online crypto casinos, read more here to find the best one that works for you. The Growing Popularity of Crypto Casinos in Canada It's not surprising that the Canadian crypto-gambling market is booming. The country's progressive stance on digital currencies and established online gaming industry have provided a solid ground for the evolution of cryptocurrency in gambling. According to the Canadian Gaming Association , about 60% of Canadian adults currently gamble and this explosion of online gamblers has demanded more innovative payment solutions - cryptocurrencies have filled that need. In addition, research shows that younger demographics like Millennials and Gen Z use digital currencies for online transactions more often. They naturally look at cryptocurrencies in online casinos as alternatives to traditional betting platforms as they become more interested in decentralized finance (DeFi). Statistics also indicate greater cryptocurrency ownership among Canadians. A 2023 Bank of Canada study found that 13% of Canadians own Bitcoin - a number expected to grow in the coming years. The knock-on effect is that more gaming operators are starting to accept cryptocurrency payments to tap into this growing market. The Benefits of Playing at Crypto Casinos Numerous advantages make crypto casinos attractive to Canadian players: 1. Fast Transactions and Withdrawals The most important benefit of crypto casinos is the speed of transactions. Unlike traditional online casinos that rely on banks and withdrawals can take days, crypto casinos process transactions almost instantly. For instance, the transfers of bitcoin and ether usually take only minutes and players get their winnings quicker. 2. Anonymity and Privacy Many online players value privacy when gambling and traditional casinos require personal and financial details, whereas online crypto casinos accept transactions only through a digital wallet address. This lowers your chances for identity theft & increases your anonymity. 3. Lower Fees & Better Payout Rates Because the transactions do not involve intermediaries, cryptocurrencies charge much lower transaction fees than traditional banking. Furthermore, some crypto casinos with low overhead costs pay better payout rates than others that cater to players looking for maximum returns. 4. Accessibility for Canadian Players Gambling regulations and banking restrictions can sometimes be tricky for Canadian players. The solution - Cryptocurrencies bypass restrictions that exist on traditional gambling platforms. This has therefore led to more Canadians knowing about crypto casinos before they start playing. Challenges & Risks of CryptoCasinos Despite the many benefits of crypto casinos, of course, they also pose some risks. What you need to know about crypto casino challenges before you start crypto gambling is the following: 1. Security Concerns Just how secure are crypto casinos? Blockchain technology itself is secure, but crypto casinos are still susceptible to cyberattacks and hacking attempts. Playing on reputable platforms with robust security measures like two-factor authentication and cold wallet storage for funds is important for players. 2. Volatile Cryptocurrency Prices Like fiat currencies cryptocurrencies are volatile. Winnings are subject to extreme fluctuations in value due to market conditions. So a player who wins 1 Bitcoin today might lose that much if the cryptocurrency market crashes. 3. Lack of Regulation A major risk with crypto casinos lies in the absence of clear regulation. Some licensed online casinos accept cryptocurrency but many operate in the grey area without oversight. Players must investigate platforms thoroughly and select casinos licensed by reputable gambling authorities. 4. Irreversible Transactions Bitcoin transactions are irreversible - unlike credit card chargebacks. This means a player sending funds to an illegitimate or fraudulent platform can barely recover lost funds. Players should only use reviewed and reputable cryptocurrency casinos to avoid this mistake. Future of Crypto Casinos in Canada: What to Expect by 2025? Several developments in the industry are likely to shape the future of crypto gaming and crypto casinos in Canada going forward: 1. Regulatory Changes The biggest change expected in the Canadian crypto-gambling sector is regulation. We can expect clearer guidelines and better security as government agencies try to balance online gambling and cryptocurrency. 2. Technological Innovations 2025 crypto predictions say that technological advances will determine the future of online crypto casinos. Innovations like smart contracting, decentralized gaming platforms, and NFT-based rewards may change the industry forever. 3. Increased Mainstream Adoption Once cryptocurrencies become mainstream, more online casinos will be more likely to accept digital currencies as standard payment methods. That could mean greater acceptance and a larger user base in Canada. 4. Enhanced Player Incentives More incentives including blockchain-based loyalty programs and play-to-earn models are expected at crypto casinos. These innovations will also attract more players and cement crypto-gambling´s status in the online gaming world. To Sum Up Without a doubt, the rise of crypto casinos is transforming the Canadian online gambling scene as we speak. Faster transactions, better privacy, and lower fees make online crypto casinos an increasingly popular alternative to traditional platforms. As the evolution of cryptocurrency continues, its role in online gambling expands, offering both opportunities and challenges. However, the main concerns remain—how secure are crypto casinos, and what are the risks of crypto casinos? Security vulnerabilities, price volatility, and regulatory uncertainty mean players must keep up to date. Being able to understand what you need to know about crypto casinos is crucial as the role of cryptocurrency in online casinos grows. Moving forward, the future of crypto gaming in Canada will likely depend on regulatory developments, technological advancements, and mainstream adoption. Industry experts are closely watching 2025 crypto predictions, anticipating whether the rise of crypto casinos will make them a dominant force or just a niche trend for now. One thing is certain—the impact of cryptocurrency on the online gambling industry is undeniable. 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.
In a recent development surrounding international trade dynamics, U.S. President Donald Trump addressed the situation regarding Canada’s **retaliatory tariffs** via social media on March 5th. The President emphasized that any
El Salvador bought a further 5 BTC for its national reserve, worth roughly $415,000, as the top crypto nosedived to sub-$83,000 on Monday, reversing Sunday’s price rally to $95,000. https://twitter.com/nayibbukele/status/1896754004996325724 Continuing A Bitcoin Purchase Streak According to the El Salvador National Bitcoin Office, the Central American nation purchased 5 BTC, which is four more than its usual one Bitcoin per day. The latest purchase takes its Bitcoin stockpile to 6,100.18, worth $513 million at today’s prices, with BTC struggling as President Trump’s tariffs against Canada, Mexico, and China take effect. Notably, the president’s latest tariff announcements primarily triggered the crypto-wide, erasing the previous day’s U.S. crypto strategic reserve gains. El Salvador’s continued Bitcoin acquisition comes as it agreed to scale back some of its pro-Bitcoin policies as part of a $1.4 billion loan deal with the International Monetary Fund. These adjustments came around three years after the tiny Latin American nation passed the Bitcoin Law in September 2021, becoming the first country in the world to officially recognize BTC as legal tender. IMF Pushes Back On BTC Adoption In El Salvador Some of those agreements included winding down the government-provided crypto wallet, Chivo, and making it optional and voluntary for local businesses to accept Bitcoin as a means of payment. As ZyCrypto previously reported , El Salvador’s Congress rushed to approve legislation to amend its Bitcoin Law to comply with the IMF agreement. Nevertheless, the Salvadoran government has continued to purchase BTC despite the deal. In fact, the nation snapped up $1 million worth of Bitcoin just a day after signing the agreement with the IMF. National Bitcoin Office Director Stacy Herbert said in late December that El Salvador’s plans had not changed post-IMF, and that the country would continue buying BTC for its Strategic Bitcoin Reserve “at possibly an accelerated pace.” However, the International Monetary Fund is now looking to prohibit the voluntary accumulation of BTC by the public sector during the program as part of an extended $1.4 billion funding agreement with the nation.
XRP is witnessing a critical phase, balancing between bullish enthusiasm and bearish correction amid fluctuating market dynamics. Despite a recent surge that saw XRP jump 34%, a rapid sell-off has
Solana Price decreased 9.78% to $150 in the last 24 hours, briefly reigniting investor interest. Yet many wonder if this momentum can hold, especially as whales look for new places to park their money. Meanwhile, SHIB dipped 9.39% despite Shiba Inu’s Duel Mode push to burn tokens. With both Solana Price and Shiba Inu facing uncertainty, a newcomer called DTX Exchange , priced at just $0.18, could be the next big hit. DTX is almost sold out of its bonus presale stage, guaranteeing a 2x jump to $0.36 on launch day and raising over $15.5 million so far. DTX Exchange: A $0.18 Standout While Solana Price and SHIB battle their own challenges, DTX Exchange is quietly raising the bar for crypto-and-tradfi convergence. Powered by the VulcanX blockchain at 200,000 TPS, DTX delivers zero-commission trading across crypto, stocks, forex, and ETFs, all under one roof. Right now, in its final presale at just $0.18, DTX has already pulled in $15.5 million, with 66% of the bonus round locked up. Early adopters score a guaranteed 2x jump to $0.36, and using code “LIST2X” you can even 4x those gains. If you’re sick of Solana Price swings and endless SHIB burns, this is your last chance to grab DTX before it potentially takes off. Time’s running out, seize the opportunity now! Solana Price vs. DTX Exchange Presale If layer-two implementation and futures ETFs are trending, there is a good reason to believe that Solana Price might go higher. Some traders, however, fond of instant profits right on day one, are turning Solana’s rival DTX Exchange very interesting at $0.18. The moment DTX gets listed, it automatically goes to $0.36, so traders get a 100% profit as soon as they start trading. This is nothing compared to the slow SHIB token burn or the endless yo-yo of Solana; it is not difficult to understand why everyone is talking about DTX Exchange. SolidProof audits, over one thousand ETFs, copy trading, automated investments tools, all on 200,000 TPS blockchain with over 1,000x leverage at 475 million token supply makes an incredible impression. Little doubt the last presale is close to sell out while fans of Shiba Inu and Solana Price watch from the sidelines. Solana Prospective Gains vs Prospective Problems The increase in Solana Price recently looks propitious due to the CME Group launching Solana futures contracts and the expected reduction of SOL token inflation from 4.5% to 0.87%. While these developments provide a short-term boost to Solana price, some analysts caution that the movement of the investor class refers to the ‘whales’ within the cryptocurrency community, coupled with possible unstacking events, could lead to abrupt price volatility. Source: CryptoMarketCap With all eyes on Solana's next ETF development, its ability to actually scale within the ecosystem is still a question mark. The Mobius layer-2 solution launch is encouraging, but real-world adoption remains to be seen. For traders looking for rapid profits, Solana Price is volatile and can be risky. Market Uncertainty and Shiba Inu Burn Frenzy SHIB made dashes into headlines due to Shiba Inu’s Duel Mode, which seeks to make card battles more interactive through token burns. Aiming to burn 10 billion tokens every day could, in theory, reduce the supply of Shiba Inu, which will increase its price if enough players jump on board. Source: CryptoMarketCap But the circulation supply of the token at 589.25 trillion is still massive, and a price movement of 9.39% signals that not everything is as it seems. While many can argue that Shiba Inu will succeed and its innovative burn mechanics will work, many investors are losing patience and branching out to altcoins that have faster returns. Conclusion The gradual rise in Solana price paired with the reduction of massive supply by SHIB means the crypto market is highly volatile. While it is possible Shiba Inu could meet its burn targets and Solana manages to capture and establish a regulated market, it comes with its own set of challenges and takes time. To me, the most interesting and unique presale project with a versatile trading environment and active community that incentivizes getting its DTX Exchange into the spotlight. In case you are following the important indicators, keep in mind this $0.18 coin that is very quietly preparing for the next big breakout, is actually the most revolutionary play out there. To get more information about DTX Exchange, visit the links below Visit DTX Presale DTX Website Join The DTX Community Source: https://coinmarketcap.com/currencies/shiba-inu/ https://coinmarketcap.com/currencies/solana/#News Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
If you're considering crypto staking, you're probably looking for smart ways to earn passive income from your crypto. I've personally found staking to be one of the most rewarding investment strategies in crypto today. But here’s a tip: it's even better when you get in early on promising projects. Dawgz AI , for example, is attracting new investors daily in its ongoing presale, making it an exciting opportunity worth considering right now. Ready to boost your portfolio? Let’s explore the top coins offering the highest staking rewards so you don’t miss out on potential profits. Staking Coins With Growth Potential Now, we’d like to assist you in providing information about this niche. The sections below include an in-depth review of some of the best crypto for staking.. 1. Dawgz AI Dawgz AI is quickly becoming one of the most talked-about crypto projects, and for excellent reasons. Already surpassing $2.26 million raised during its presale, it’s rapidly approaching the next major milestone of $2.5 million. At the current presale price of only $0.00313, investors have a prime opportunity to maximize returns before the price increases to $0.00345 shortly. Dawgz AI blends meme-inspired creativity with advanced AI-driven trading strategies, distinguishing itself clearly from typical cryptocurrencies. Experts forecast a robust launch price of $0.007, hinting at significant profit potential. Don't delay - secure your Dawgz AI tokens now before the presale closes! Key Features: Current Price: $0.00313 (increasing soon to $0.00345) Funds Raised: $2,263,787 (targeting $2.5 million next) Total Token Supply: 2 billion tokens Strategic Allocation: Staking rewards Community incentives Marketing and growth initiatives Unique Feature: Integration of meme culture with AI-powered trading Estimated Launch Price: $0.007 2. PEPE Pepe is quickly emerging as a leading meme coin, fueled by an enthusiastic and rapidly growing community. With a generous total supply of 420.69 trillion tokens, Pepe emphasizes sustainable growth and robust community engagement through thoughtful tokenomics. An exceptional 93.1% of the supply was dedicated to liquidity, with LP tokens deliberately burned to maintain genuine decentralization. The remaining 6.9% strategically supports future listings on centralized exchanges, bridges, and additional liquidity pools. At its current attractive price of just $0.000000001005, Pepe represents a compelling investment prospect. Key Features: Current Price: $0.000000001005 Total Supply: 420.69 trillion tokens Token Allocation: 93.1% dedicated to liquidity pools (burned LP tokens) 6.9% reserved for future centralized exchange listings and bridges Unique Feature: Effective deflationary token burn mechanism Community Growth: Rapid expansion and increasing investor enthusiasm 3. BONK Bonk (BONK) has swiftly emerged as a standout meme coin, captivating the crypto community with its unique approach. Launched as the first Solana dog coin "for the people, by the people," BONK distinguished itself by airdropping 50% of its total supply to the Solana community, fostering widespread engagement and decentralization. With a total supply of approximately 88.86 trillion tokens, BONK's tokenomics are designed to promote community involvement and long-term growth. Currently, BONK is trading at $0.00001264, with a 24-hour trading volume of $140 million, reflecting robust market activity. What sets BONK apart is its commitment to a fair distribution model, aiming to eliminate toxic tokenomics and ensure that everyone has an equal opportunity to participate. This approach has resonated with investors, leading to rapid community expansion and increased investor interest. Key Features: Current Price: $0.00001264 Total Supply: 88.86 trillion tokens Token Allocation: 50% airdropped to the Solana community Remaining tokens allocated for liquidity, development, and community initiatives Unique Feature: Fair distribution model promoting decentralization Growing Investor Interest: Rapid community expansion and active trading volume What Are Crypto Staking Coins? Crypto staking coins are digital currencies that utilize the Proof-of-Stake (PoS) method. Staking means locking up some of your coins to support blockchain operations and earn rewards. Unlike traditional mining, staking is energy-efficient and easy for anyone to participate in. When you stake your tokens, you're actively helping to validate and secure blockchain transactions. In exchange for this contribution, you earn passive rewards, typically in the form of additional tokens. For instance, many staking coins offer returns ranging from 4% to 12% annually. Staking provides an opportunity for passive income, potentially boosting your holdings' overall value. Think of it like earning interest on a high-yield savings account, but often with greater potential returns . It's important to use reliable staking platforms and understand any lock-up periods or associated risks. How Does Staking Crypto Work? Staking crypto involves depositing your tokens into a specific network to help maintain its operations. Here's a simplified breakdown: Select a staking platform: Choose a trusted wallet or crypto exchange supporting your preferred staking coin. Deposit tokens: Lock up a specific amount of your tokens into the network’s staking pool. Support transaction validation: Your tokens assist in confirming blockchain transactions, helping ensure accuracy and security across the network. Enhance network security: Your participation aids in preventing fraudulent activities, maintaining overall blockchain integrity. Receive rewards: Earn staking rewards regularly, typically paid in additional coins. For example, staking 100 tokens at a 5% annual reward rate would earn you an additional 5 tokens over the year. This makes staking an attractive method for generating passive income. Always remain mindful of lock-up durations and market volatility, as token values can fluctuate during staking periods. What Are the Risks of Staking Crypto? Crypto staking can be a profitable way to earn passive income, but it's important to recognize it comes with risks. Key factors include market volatility, mandatory lock-up periods, and potential technical issues that might threaten your assets or returns. Being aware of these factors helps you make better-informed staking decisions. Platform Risks Varying safety, liquidity, and stability across platforms. Risks include smart contract vulnerabilities, insufficient security, and governance issues. Lock-up periods limit quick response to market changes. Research platform reputation, user feedback, and security measures. Protocol Risks Different blockchains carry varying security and stability levels. Newer blockchains may lack proven security histories. Risks include software bugs, updates, and governance disputes. Prioritize protocols with solid track records and community support. Slashing Risks Penalties occur if validators violate network rules (e.g., downtime, validating incorrect transactions). Can result in partial or total loss of staked assets. Choose validators carefully based on historical performance and reliability. Liquidity Risks Staked assets are often locked for defined periods, limiting accessibility. Locked funds restrict ability to react quickly in volatile markets. Be aware of "unbonding" periods that can delay asset access for days or weeks. Align staking choices with financial flexibility and market strategy. Conclusion: What Is the Best Crypto to Stake in 2025? Crypto staking remains one of my favorite ways to earn passive income. Other cryptocurrencies that already have strong communities, stable ecosystems, and attractive staking returns, are safe choices. But if you're looking for something fresh and exciting, Dawgz AI stands out as a promising newcomer currently gaining traction in its presale. Always remember staking isn't risk-free - market swings, validator penalties, and platform reliability matter. A pro tip: diversifying your staking portfolio by adding innovative projects like Dawgz AI can boost returns and balance risks effectively. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Though the Trump administration has softened regulatory oversight targeting select cryptocurrency firms and absolved Ross Ulbricht via a full pardon, many believe that systemic inequities demand further redress. Since Ulbricht’s release, a vocal contingent now highlights the plight of those ensnared within what they term a draconian justice apparatus, urging Trump to extend pardons to
After 30 days of waiting, a trade war between the US and Mexico seems to be taking shape. As Trump’s 25% across-the-board tariffs on its US neighbors go into effect today, Mexico is set to announce its countermeasures. Mexico’s president , Sheinbaum, says they are “responding with tariff and non-tariff measures” to the 25% tariffs imposed by the US. Their plans will be announced on Sunday. Mexico is one of the biggest US trade partners. The 25% duties will affect more than $918 billion worth of US imports from Canada and Mexico. Canada has already fought back with a package of tariffs on $107 billion of US products, some immediate. In addition, as of today, Trump’s second move doubled the rate of tariffs on Chinese imports to 20%. In return, China has responded with up to 15% duties on US farm goods such as chicken and pork, to start on Monday. This means three nations against one. Trump believes that America can stand alone economically. However, the response that markets are giving, especially to American companies, does not show that. The United States is fighting its top trade partners Since he was elected president in November, the president has focused on China, Canada, and Mexico. He has threatened to put high tariffs on their goods if they don’t lower the unacceptable amounts of drugs coming into the US. China was immediately hit with 10% tariffs. However, Canada and Mexico were given a 30-day grace period. China has not shown interest in hearing the US out. China’s finance ministry said in a statement, “The US’s unilateral tariff increase damages the multilateral trading system, increases the burden on US companies and consumers, and undermines the foundation of economic and trade cooperation between China and the US.” Justin Trudeau, the Canadian prime minister, has announced Canada would target US beer, wine, bourbon, home appliances, and Florida orange juice. If Trump’s tariffs remain in effect for an additional 21 days, tariffs will be imposed on an additional $86.2 billion of US goods. Trudeau said, “Tariffs will disrupt an incredibly successful trading relationship.” He also added that they would violate the US-Mexico-Canada free trade agreement signed by Trump during his first term. However, according to Trump, higher tariffs on goods coming into the US from other countries are seen as a way to make America great again. This is by getting political and economic concessions from allies and rivals on the world stage. The change will impact trillion-dollar trade and raise prices for everything from cars to medicine. It will also make it harder for the US to get along with its main trading partners. The US Census Bureau says that they will be worth $2.9 trillion in 2024, with more than 40% of that amount coming from China, Canada, and Mexico. Mexico, China, and Canada were the United States’ top three trade partners in 2024. Source: US Census Bureau Mexico and other trade partners feel the heat Imported items are very important to the American economy. The types of goods that are brought into the US most frequently are machinery-related goods, electronics, and car parts. A big chunk of these goods come from Canada, China, and Mexico. This means that prices for everything from new cars to smartphones to bicycles could soon go up. The US has a trade deficit, which means it imports more goods than it exports. Tariffs could help close that gap by making foreign goods more expensive and encouraging Americans to buy goods made in the US. Even the fear of tariffs might be able to do some of that by encouraging manufacturers to move their operations to other places. The processes will not necessarily be moved to the United States, though. Tariffs will make consumer goods more expensive, but Trump has hinted that he might lower or get rid of the personal income tax with the money from the tariffs. That could help people who are having a hard time because of sky-high debts and rising prices of things like milk and eggs. But most of the trillions of dollars that the government got last year came from income taxes. Meanwhile, the Canadian dollar and the Mexican peso fell to their lowest levels in a month. In addition, after major declines in US markets on Monday, Asian markets were also down. The Nikkei was down by 1.6%, the TWII index was down by 0.5%, and the Hang Seng was down by 0.3% in Hong Kong. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Currently, Cardano price is sitting at $0.88 which is near the $0.80 support level. It is unclear if ADA will break this level or not. It is true that Cardano’s DeFi updates and Grayscale’s interest do give a bit of hope but at this point, no one knows if it will remain stable or fall back to its November 2024 lows. A new ERC-20 token called DTX Exchange has entered the market and is drawing attention due to the claims that it will increase by 10,000%. DTX is selling for $0.18 in its last bonus pre-sale but has already managed to raise $15.6 million, with over 66% of the bonus round sold out. The token doubles to $0.36 once launched enabling early buyers to profit off of it instantly. For those who do not wish to invest in ADA, DTX is a great option that has potential to give quicker and higher profits. DTX Exchange: A $0.18 Coin Aiming for 10,000% Upside As ADA struggles to maintain vital support, DTX Exchange seems to be following a divergent route. Currently, DTX is priced at $0.18 but has already raised $15.6 million in presale funding, having sold 66% of its bonus round. While Cardano tries to optimize DeFi solutions on its own, DTX merges multiple markets including crypto, stocks, forex, and ETFs on the VulcanX blockchain, boasting of 200,000 transactions per second. The combination of this cross-asset approach and zero commissions is what sets DTX Exchange apart from many single-chain tokens. Furthermore, DTX Real World Asset (RWA) tokenization put DTX at the forefront to capture institutional investors wanting fractional ownership of traditionally off-limit assets. Cardano Price Struggles to Stay Above $0.60 Cardano Price currently shows some signs of weakness after a +13.1% move to $0.88 in the last 24 hours, but as the price of ADA goes down, the trading volume has increased 29.72% to $7.5 billion. This higher volume raises questions on whether ADA will able to maintain this bullish trajectory. Source: CryptoMarketCap Even considering the advances visible, Cardano Price still remains at risk if the wider market turns negative. If ADA falls beneath the important $0.80 level of support, then its subsequent increase could be postponed for some time. Comparing the Potential Gains Cardano’s Direction Proposals from Grayscale could result in a potential ADA ETF, which could automatically result in price appreciation. Governance improvements, including the Plomin upgrade and bridging solutions, could lead to adoption. Nonetheless, plunging below the $0.80 mark would be disappointing for many and would require holders of ADA to be more patient before witnessing robust profits. Chances with DTX Exchange Launch At launch, DTX is automatically set to increase from $0.18 to $0.36, thus making it 2x. By using “LIST2X,” anyone can double their token balance, allowing the users to increase their 2x to 4x. A longer-term estimation implies that it will be possible for DTX to gain 10,000%, which is a whopping 100x from $0.18, should it manage to capture even a fraction of the major crypto market caps such as Cardano. Concerns regarding new projects have been solidified with the security audits by SolidProof. Without a doubt, DTX's credibility has been reinforced. Now you can trade with more than a thousand ETFs and 1000x Leverage while investing a mere one hundred dollars. Cardano Price vs. DTX Exchange If Cardano Price can defend the $0.80 support level, then it is likely to recover especially if ADA ETF rumors actually come to fruition. However, for those looking for quick profits, DTX Exchange still remains at $0.18 and offers a guaranteed 2x return upon listing at $0.36. Beyond that first boost, DTX has many profitable features like 475 million token supply, copy trading, automated investing for beginners, and easy to use platforms for advanced traders. The Phoenix Wallet that has over 275,000 downloads makes it easy to use crypto, stocks, and forex together all in one app. While ADA tries to survive the volatility, DTX has the potential to hit life changing profits if it reaches the target that many believe is possible, some even say 10,000%. With the presale’s last stage almost sold out, this is probably the last opportunity for people to secure their backing for DTX before it takes off. Conclusion Due to Grayscale’s Smart Contract Fund giving ADA an 18.23% allocation, in addition to other upgrades, there has been a growing institutional interest that is bolstering the resilience of Cardano Price. However, there is still uncertainty if Cardano Price drops under $0.60, which would reset the timer on when ADA can achieve its next major rally. In contrast, DTX Exchange has the potential to turn a $0.18 ERC-20 token into something worth 10,000% in the years to come after launching and achieving the goal of multiplying four times over. To get more information about DTX Exchange, visit the links below Visit DTX Presale DTX Website Join The DTX Community Source: https://coinmarketcap.com/currencies/cardano/#News https://coinmarketcap.com/currencies/cardano/#Chart Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.