Predictive Insights Point to Potential Gains for Shiba Inu (SHIB) in Early April

CoinCodex's algorithm predicts potential SHIB price increases in early April 2025. Current market indicators show a concerning trend for SHIB investors. Continue Reading: Predictive Insights Point to Potential Gains for Shiba Inu (SHIB) in Early April The post Predictive Insights Point to Potential Gains for Shiba Inu (SHIB) in Early April appeared first on COINTURK NEWS .

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US SEC Rules Dollar-Backed Stablecoins Are Not Securities Under Federal Laws

The U.S. Securities and Exchange Commission (SEC) has clarified that certain stablecoins, specifically those backed one-to-one by the U.S. dollar, do not qualify as securities under federal laws. This decision helps provide greater regulatory clarity in the growing field of cryptocurrency and blockchain technology. US SEC Defines Covered Stablecoins In a recent statement, after the US SEC’s incoming chair got voted in by the Senate committee , the Division of Corporation Finance defined “Covered Stablecoins” as those stablecoins that maintain a stable value relative to the U.S. dollar. These tokens are backed by assets held in a reserve, which are low-risk and highly liquid, ensuring that they can always be redeemed for U.S. dollars at a one-to-one ratio. The SEC has noted that such stablecoins are intended to be used for payment, transferring of money and for value storage rather than being investment products. The SEC provided an opinion that the process of minting and redeeming these stablecoins does not fall under the Securities Act or the Securities Exchange Act. Consequently, any parties that engage in the issuance and circulation of these stablecoins are not regulated nor required to abide by the US securities laws or register with the US SEC. Marketing of Stablecoins Clarified The US SEC further detailed that Covered Stablecoins are marketed as a stable and reliable medium of exchange, with no promise of profits or returns. In its statement, the SEC noted that these are not advertised as investments and do not provide holders with any governance rights or financial returns based on the issuer’s performance. By clarifying the marketing strategies surrounding these stablecoins, the SEC aims to prevent any confusion about their classification as securities. This moves comes post the U.S. passing the STABLE Act , establishing a regulatory framework for USD-pegged. The SEC’s statement also addresses the importance of maintaining a stable value relative to the U.S. dollar. These stablecoins are not meant to fluctuate in price like other cryptocurrencies, such as Bitcoin or Ethereum. As a result, their primary role is to facilitate transactions and act as a stable store of value rather than to generate financial returns for holders. Reserve Requirements for Stablecoins The SEC further elaborated that Covered Stablecoins are presented as a stable store of value and medium of exchange that cannot faithfully fill the role of a security promising profits or returns. The SEC, in its statement, stated that they are not promoted as an investment and they do not give the holders any rights or any type of financial returns on the issuer. In this respect, the mission of the US SEC is to define the marketing strategies concerning them in order to avoid any misunderstanding of their nature. The SEC also gives emphasis on the company maintaining stable price that does not fluctuate with the U.S dollar. These coins are relatively stable compared to other cryptocurrencies like the Bitcoin or the Ethereum because they are designed to have fixed values. Consequently, their main functions are to be used as a medium of exchange and serve as a unit of account instead of producing revenue for owners. SEC’s Application of Reves and Howey Tests According to the findings of the legal analysis, the defends used two legal benchmarks known as Reves and Howey tests to establish if the asset is a security. Under the Reves test, the SEC has held that Covered Stablecoins are akin to traditional commercial instruments as opposed to securities. Another reason is the Howey test that emphasizes that these buyers use these assets for commercial reasons with the expectation of gains other than in the form of profits. Based on its decision, the SEC decided that Covered Stablecoins do not fall under the securities definition under the federal securities laws. This decision is founded on the fact they are mainly used as a medium of exchange, and not as an investment vehicle backed by readily saleable assets. This clarification from the SEC comes as Congress continues to work on cryptocurrency legislation. While the SEC’s stance provides clarity on stablecoins, it does not address other digital assets, such as yield-bearing tokens , which may fall under securities regulations. The move aligns with ongoing efforts in the U.S. government to regulate digital assets and cryptocurrency more comprehensively. The post US SEC Rules Dollar-Backed Stablecoins Are Not Securities Under Federal Laws appeared first on CoinGape .

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Thousands of Americans’ Personal Information Exposed By Banking Giant Capital One, Alleges New Class Action Lawsuit

A massive data breach exposed thousands of Capital One customers’ sensitive data, putting them at lifelong risk of identity theft, a new class action lawsuit claims. Filed by plaintiff Andrew Willoughby, the suit alleges Capital One Financial Corporation, Capital One N.A. and Capital One Bank (USA) N.A. entities exposed its customers’ personal identifiable information (PII) due to an employee’s negligence. The suit alleges that because of inadequately protected computer systems, customers’ names, Social Security numbers, addresses, email addresses, dates of birth, telephone numbers, credit card numbers, transaction history, and other financial information exposed via a data breach. The breach happened between August 11, 2022 and May 22, 2023, when an “unauthorized actor” accessed client PII due to the employee’s “failure to maintain an adequate security system,” according to the lawsuit. The Capital One employee also allegedly delayed informing the plaintiffs of what happened in time to save them from potential identity theft crimes. Says the complaint, “Due to Defendants’ negligence, cybercriminals obtained everything they need to commit identity theft and wreak havoc on the financial and personal lives of thousands of individuals… Defendants were negligent and failed to inform Plaintiff and the Class Members of the data breach in time for them to protect themselves from identity theft.” Now, the suit alleges that “for the rest of their lives,” Capital One customers will have to face the threat of identity thieves possessing or misusing their personal information via the dark web. “The unencrypted PII of Plaintiff and Class Members may end up for sale on the dark web or simply fall into the hands of companies that will use the detailed PII for targeted marketing without the approval of Plaintiff and Class Members. Unauthorized individuals can easily access the PII of Plaintiff and Class Members.” Capital One was also recently accused of engaging in “cancel culture” by President Donald Trump’s son Eric Trump. The bank has $490.1 billion in total assets as of the end of last year. 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 Thousands of Americans’ Personal Information Exposed By Banking Giant Capital One, Alleges New Class Action Lawsuit appeared first on The Daily Hodl .

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New Meme Coins Heating Up in Q2—Dragoin’s Public Sale Is The One You Can”t Miss In 2025

As Q2 2025 unfolds, activity across crypto markets continues to accelerate, with meme coins once again drawing strong investor interest. But unlike earlier cycles dominated by hype-only tokens, this quarter’s leading meme coins are backed by real use cases, scarcity-focused tokenomics, and structured roadmaps. Meme coins are maturing—and some are starting to resemble full-scale platforms rather than temporary trends. Among the projects gaining traction, Dragoin ($DDGN) is emerging as one of the most promising. While several meme coins are still finding their footing, Dragoin’s presale model, gaming utility, and decentralization plan are already turning heads. For investors eyeing meme coins with real upside this quarter, Dragoin and a select few others stand out as strong candidates. Dragoin Combines Utility, Scarcity, & Structure Dragoin takes a different approach from the average meme coin. Rather than relying on internet buzz alone, it delivers actual user interaction through a Telegram-based play-to-earn game. Players can hatch dragons, train them, and battle—all while earning $DDGN tokens based on their activity. This kind of gamified utility transforms holders into engaged participants. Its presale adds another layer of strength. Structured into 25 stages, each with a slight price increase, it creates steady upward momentum while rewarding early buyers. Out of the total 200 billion $DDGN tokens, 50% are allocated to the presale. Any unsold tokens are permanently removed from circulation—a strategy that directly reduces supply over time. This deflationary approach matters. As Dragoin’s game rolls out to a broader audience in Q2 and interest grows, reduced supply paired with rising demand can help support long-term price growth. Unlike many meme coins that rely on sudden virality, Dragoin is strategically building a player base while tightening its token supply. At the end of the presale, ownership of Dragoin’s smart contract will be renounced, making the project fully decentralized. No central figure will hold control. This shift appeals to investors looking for transparency and protection against centralized manipulation. With key features like staking rewards, airdrops, referral bonuses, and listings on major exchanges planned for Q2 and Q3, Dragoin appears well-positioned for sustained momentum. Its combination of meme appeal, gameplay, and token strategy places it among the top new meme coins to buy right now—and potentially throughout 2025. Cheems Attempts a Strategic Pivot in Q2 Cheems remains a well-known meme coin, mostly thanks to its iconic image and lighthearted branding. However, Q2 2025 marks a shift in strategy, as the team introduces charitable initiatives and new staking rewards aimed at rewarding long-term commitment. One of Cheems’ consistent strengths is its strong community. Through regular contests, giveaways, and creator partnerships, the project continues to maintain solid engagement. Still, its deep ties to nostalgia may hold back broader growth, especially in a meme coin space that’s shifting toward functionality. Cheems could still deliver in the short term, but its long-term viability depends on how far it can evolve beyond its meme roots. MEMEX Offers Index-Like Exposure to Meme Coins MEMEX, also known as Meme Index, introduces a fresh way to invest in the meme coin sector. Instead of buying individual tokens, holders get access to a basket of trending meme coins—all bundled into a single asset. This concept is similar to an ETF, giving investors diversified exposure without the need to track multiple charts. With dynamic adjustments and automated tracking of meme coin trends, MEMEX simplifies decision-making. It’s not focused on riding a single project to massive returns. Instead, it spreads risk across the space, allowing holders to benefit from overall momentum in the meme coin market. While MEMEX may lack the viral pull of Dragoin or Cheems, it serves as a lower-risk entry point for those who prefer a more hands-off approach. Why Functional Meme Coins Have the Edge in Q2 Early signs in Q2 suggest a shift in investor priorities. While speculation is still part of the game, many traders are gravitating toward meme coins that offer real engagement, transparent economics, and community ownership. Dragoin represents this shift well. Its focus on utility, paired with a supply-reducing presale and a clear product launch timeline, makes it more than just another meme. The project invites users to play, earn, and contribute—not just buy and hold. From its 25-stage token rollout to its upcoming staking features and decentralization, Dragoin has multiple growth levers in place. Cheems and MEMEX still play meaningful roles—Cheems with its community base and MEMEX with its passive investment model. But it’s Dragoin that offers the full package for investors looking ahead. As capital continues rotating into meme coins with substance, Dragoin’s setup positions it well for a breakout quarter and potentially a standout year. Continue Reading: New Meme Coins Heating Up in Q2—Dragoin’s Public Sale Is The One You Can”t Miss In 2025

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10,000% ROI Possible? MAGACOINFINANCE and XRP Might Be the Next Big Bets

In the fast-moving world of crypto, life-changing returns are built on early conviction. While XRP continues gaining attention in institutional circles, MAGACOINFINANCE is emerging as a stealth play with massive upside potential. With growing volume and investor interest, both are now being flagged as candidates for 10,000% growth in 2025. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – EXCHANGE RUMORS HEATING UP Unprecedented Growth Potential MAGACOINFINANCE – MAGACOINFINANCE has raised over $4.8 million, sparking strong speculation of exchange listings. With a capped supply of 100 billion tokens, surging community engagement, and early backers rolling in from the XRP and ETH camps, MAGACOINFINANCE is establishing itself as a major contender in the crypto space. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH CODE MAGA50X Unlock 3,782% ROI Now With 50% BONUS via MAGA50X At the current pre-sale price of $0.0002704, MAGACOINFINANCE is expected to list at $0.007. That equates to a 2,488% ROI, or 25.88x return. When investors apply promo code MAGA50X, the entry cost drops to $0.0001803, instantly boosting ROI potential to 3,782%, or a 37.82x return. A $1,000 position could grow into over $378,200 if the momentum continues—and some analysts suggest even greater upside ahead. XRP, ETH, LINK, and SUI: Strong Fundamentals, But MAGACOINFINANCE Brings the Firepower XRP trades at $0.65, gaining traction in cross-border settlement and tokenization.Ethereum (ETH) remains at $3,218, powering Web3, NFTs, and smart contracts.Chainlink (LINK) holds at $13.84, a core pillar for data-enabled blockchains.Sui (SUI) trades at $1.24, growing fast in the Layer 1 scalability race. CLICK HERE TO JOIN THE NEXT BIG BILLION DOLLAR PROJECT Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 10,000% ROI Possible? MAGACOINFINANCE and XRP Might Be the Next Big Bets

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US Senator Ted Cruz warns about an upcoming bloodbath

Republican senator Ted Cruz warned on Friday about a potential “bloodbath” in the 2026 midterm elections if President Donald Trump’s tariffs drag the United States economy into a recession. According to Financial Times , the Texas lawmaker said a long-term trade war could have devastating effects on both the economy and Republican political prospects. Cruz typically aligns with Trump, but his remarks were unusually blunt. He called the possibility of an ongoing conflict with retaliatory tariffs from other nations “a terrible outcome.” In his view, if the tariff standoff leads to a recession, “particularly a bad recession,” voters could turn sharply against the party in power. “2026 in all likelihood politically would be a bloodbath,” Cruz said. The Canada-born Texan added that even the Republican Senate majority, currently 53-47, might not survive if the economy sours and people blame the party leading the country. Republican lawmakers have begun to share these concerns. Their unease intensified when the stock market shed about $5.4 trillion in value after Trump’s so-called “liberation day” levies launched a global market retreat. Observers worry that ongoing trade tensions could hurt U.S. exporters, harm jobs, and worsen inflation if the measures remain in place indefinitely. Democrats want to undo the tariffs On Thursday, Republican senator Chuck Grassley joined forces with a Democrat to introduce a bill that would reassert congressional authority over tariff policy. Under the proposed law, new tariffs would expire in 60 days unless Congress voted to keep them in place. Lawmakers would also have the power to revoke existing levies. By Friday, Republican senators Lisa Murkowski, Mitch McConnell, Jerry Moran, and Thom Tillis had signed on as co-sponsors. Although the bill may not advance, the growing support suggests that many in the party are wary of the president’s approach and fear potential fallout ahead of the 2026 midterms. Signs of discontent emerged this week when a conservative candidate backed by Elon Musk lost a state supreme court race in Wisconsin to a liberal opponent. Republicans also underperformed their 2024 results in two special House elections in Florida. These setbacks added fuel to doubts that the current trade policy will help the party maintain control of both chambers of Congress. Cruz said that if the U.S. is in the middle of a recession and “people are hurting badly,” they will likely turn on the GOP. “They punish the party in power.” Cruz also disputed Trump’s claim that tariffs will usher in “a booming economy.” He suggested that there would only be “an enormous economic boom” if the U.S. and any retaliating countries lowered duty rates across the board. Otherwise, if tariffs become permanent, he predicted “real damage” to the economy and warned that a full-blown trade war “would destroy jobs here at home.” It would also “have a powerful upward impact on inflation,” the senator cautioned. He warned that further escalation could lock the country into lasting harm. ​ Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

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Intriguing HR Tech Lawsuit: Rippling vs Deel Unveils Shocking Corporate Espionage

The HR tech world is currently ablaze with a scandal that reads straight out of a spy thriller. Forget mundane software updates and integration challenges; the latest headline involves accusations of corporate espionage, secret crypto payments, and a full-blown legal battle between HR giants Rippling and Deel. This isn’t your typical HR Tech Lawsuit ; it’s a high-stakes drama unfolding in Silicon Valley, and it’s captivating the tech industry. Bitcoin World’s Equity podcast is dissecting every twist and turn, and we’re here to bring you up to speed on this explosive saga. The Genesis of the HR Tech Lawsuit: Rippling vs Deel What started as fierce competition in the HR software market has escalated into a dramatic legal showdown. Rippling has publicly accused Deel of engaging in corporate espionage, alleging that Deel paid a Rippling employee to act as an inside mole. The lawsuit claims that Deel orchestrated a scheme involving secret cryptocurrency payments to obtain confidential information from Rippling. According to Rippling’s filing, the employee was allegedly tasked with feeding sensitive data to Deel, painting a picture of calculated infiltration. Deel vehemently denies these accusations, dismissing the lawsuit as a theatrical distraction from Rippling’s own legal woes. Key Allegations in the Rippling vs Deel HR Tech Lawsuit: Corporate Espionage: Rippling accuses Deel of paying a Rippling employee to spy and leak confidential company information. Secret Crypto Payments: The lawsuit details alleged payments made in cryptocurrency to the employee, suggesting an attempt to obscure the transactions. Fake Slack Channel Trap: Rippling claims to have set a trap using a fake Slack channel to catch the alleged mole in action. Smashing the Evidence: Adding a touch of dark comedy to the drama, there’s even an allegation of the employee smashing his corporate espionage phone with an ax at his mother-in-law’s house – described as “the oldest trick in the book” by Bitcoin World’s Equity podcast hosts. Why This Startup Rivalry Exploded into Espionage Claims? The rivalry between Rippling and Deel is no secret. Both companies are major players in the rapidly growing HR tech space, offering comprehensive platforms for payroll, benefits, and HR management, often targeting similar customer segments. This intense startup rivalry in a competitive market can sometimes push boundaries, but the allegations in this HR Tech Lawsuit are unprecedented. The lawsuit highlights the intense pressure and high stakes in the tech industry, where access to competitive intelligence can be perceived as a critical advantage. But is this just aggressive business tactics gone wrong, or a genuine case of corporate espionage? The legal proceedings are likely to be lengthy and revealing. Beyond Rippling Deel: Other Headlines from Bitcoin World’s Equity Podcast While the Rippling Deel saga dominates headlines, Bitcoin World’s Equity podcast also covered other crucial developments in the tech and crypto space this week: Gamifying Tax Filing: A startup is attempting to make tax filing less painful by turning it into a game. However, this innovative approach raises complex copyright questions that the industry is grappling with. Circle’s IPO Ambitions: Stablecoin giant Circle is reportedly moving closer to an IPO. This move is significant for the crypto industry, potentially signaling increased maturity and mainstream acceptance, and could pave the way for other crypto firms to go public. The Relentless AI Race: The AI sector continues its breakneck pace of innovation and investment. Key highlights include OpenAI’s record-breaking funding round, challenges related to GPU availability and performance, Anthropic’s plans to introduce its AI chatbot to colleges, and leadership changes at Google’s Gemini project. The AI race is not just about technological advancements but also about market dominance and ethical considerations. Actionable Insights from the HR Tech Drama and Beyond This Corporate Espionage case, while dramatic, offers some crucial takeaways for businesses and individuals in the tech and crypto space: Insight Description Data Security is Paramount The Rippling Deel lawsuit underscores the critical importance of robust data security measures and employee monitoring to prevent internal threats and data breaches. Competitive Intelligence Ethics While competitive intelligence is a legitimate business practice, this case raises questions about the ethical boundaries and legal ramifications of aggressive tactics, particularly when they cross into espionage. Crypto in Corporate Espionage The alleged use of cryptocurrency for payments in this case highlights the anonymity and potential for misuse of crypto in illicit activities, even in the corporate world. Startup Rivalry Intensity The HR tech sector, and the startup ecosystem in general, is characterized by intense competition. Companies need to be prepared for aggressive tactics from rivals and ensure they operate within legal and ethical boundaries. Conclusion: Spy Games and High Stakes in the Tech World The Rippling vs Deel lawsuit is more than just a legal dispute; it’s a stark reminder of the high stakes and intense competition in the tech industry. The allegations of corporate espionage, secret payments, and dramatic attempts to cover tracks paint a picture of a cutthroat business environment where the lines between aggressive competition and illegal activity can become blurred. As the legal battle unfolds, the tech world will be watching closely, not just for the outcome, but for the lessons it offers about ethics, security, and the true cost of winning in the relentless race for market dominance. The drama in the HR Tech Lawsuit is just beginning, and it promises to be a wild ride. To learn more about the latest HR Tech market trends, explore our article on key developments shaping AI features.

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Solana (SOL) To Lose Triple Digits? XRP Ready For Massive Bounce, Shiba Inu (SHIB) Back In Uptrend, For Now

Market not catching up with movements in background

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Experts Say These 3 Best Long-Term Cryptos Could Build Generational Wealth!

The crypto market keeps shifting, and three names are drawing serious attention for different reasons. Plume is gaining ground through its AI-based setup for real-world assets (RWAs). Pi Network is moving closer to daily use with its Visa card feature. And BlockDAG is standing out with its strong presale record, working features, and future expansion plans. With $211.5 million raised and 19.1 billion BDAG coins already sold, BlockDAG is quickly becoming one of the best long-term cryptos to watch for 2025. Let’s look closer at these three best long-term cryptos leading the charts now, showing why BlockDAG is catching more eyes than the rest. BlockDAG (BDAG) Unlike other crypto presales that lean on future goals, BlockDAG (BDAG) is already live with working features and a fast-growing system. In Batch 27, over 19.1 billion coins were sold at $0.0248, drawing interest from thousands of people who have poured in over $211.5 million in record time. A major reason behind BlockDAG’s rise as one of the best long-term cryptos is its core Layer 1 system using Directed Acyclic Graph (DAG) tech. It can handle transactions at the same time instead of one by one like Ethereum. This leads to instant results, no delay, and much lower fees, making it better for regular users, builders, and teams. One more strength lies in its support for both WASM and EVM tools. People building apps can use familiar coding tools while enjoying the speed of DAG-based systems. This mix of ease and fast action has made it popular among DeFi users and app creators. BlockDAG also brings working features like the TG Tap Miner game with over 250,000 players, the X1 Miner App downloaded over 800,000 times, and a full mainnet coming after the testnet in March. These parts are not just ideas—they are working now. There’s more for the community, too. The project has ways for people to earn through staking, referrals, and task rewards. A $30 million grant effort and tie-ups with groups like SpaceDev and HackerEarth are helping to bring in more skilled builders. In an area where many talk big before building anything, BlockDAG has done the opposite—creating first, then spreading the word. This is why BDAG stands as one of the best long term cryptos right now. With exchange listings planned in 2025 and a clear push toward $1, it’s drawing strong interest. Plume (PLUME) Plume is working to become the base for handling real-world asset tokenization. With more than 180 protocols on board and over 18 million wallets linked to its testnet, it’s proving itself as a solid platform for serious financial data and tools. A key edge for Plume is its use of Pond, which adds strong AI tools like credit checks, risk checks, and forecast-based NAV tools into its RWA systems. This setup is not just about blockchain use—it’s helping improve smarter financial planning by using clear, on-chain info. With laws getting clearer around RWAs, tools like Plume might help close the gap between common finance and DeFi. Pi Network (PI) Pi Network is making headlines as it pushes toward real-world function. It recently added Visa card access through Teltlk International, letting people use Pi Coin and USDT for services like Amazon, Apple Pay, and eBay. It’s also adding more features like direct Pi withdrawals, faster access to funds, better KYC steps, and new learning tools through Web3 College. Pi is clearly aiming to be more than just a mining app—it wants to become a full system for payments and learning. Even though Pi still faces hurdles in terms of clear rules and listings, its strong focus on payments may help it reach people outside the usual crypto crowd. Final Thoughts All three—BlockDAG, Plume, and Pi—are building in different directions: one focuses on real payments, one on AI-linked tools for finance, and one on a system that can scale fast. But what sets BlockDAG apart among the best long-term cryptos is how much it has already done—offering DAG-based processing, dApp support, mobile mining, staking, and live tools. Its presale has now passed $211.5 million, and it has sold more than 19.1 billion coins. The testnet is already live, top exchange listings are coming, and there’s a big goal to launch 1,000+ dApps by 2026. For anyone checking the best long term cryptos with real products and early chances for growth, BDAG is clearly worth keeping an eye on. Continue Reading: Experts Say These 3 Best Long-Term Cryptos Could Build Generational Wealth!

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TRUMP Memecoin Craters As White House Tariff Announcements Batter the Crypto and Stock Markets

The value of President Donald Trump’s controversial memecoin has cratered following the rollout of the White House’s new tariffs. Official Trump ( TRUMP ) is trading at $9.03 at time of writing and is down more than 13% in the past 24 hours. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on all imported goods entering the US, effective April 5th, with the stated goal of protecting domestic manufacturing. He also issued a proclamation detailing “reciprocal tariffs” on dozens of specific countries effective April 9th, with rates totaling up to 54% on China. The tariffs rattled global markets, with the S&P 500 plunging by 4.84% on Thursday and the Nasdaq Composite dropping by 5.97%. Trump’s announcement also battered the crypto sector, with the overall digital asset market cap taking a 6.5% hit. The president launched the Official Trump memecoin in mid-January, days before he took office. The asset has generated controversy in and out of crypto circles. Ethereum ( ETH ) founder Vitalik Buterin said earlier this year that political coins represented “vehicles for unlimited political bribery.” In a February letter to the U.S. Department of Justice (DOJ) and the Office of Government Ethics, officials at the nonprofit consumer advocacy organization Public Citizen argued that Trump could be in violation of federal law regulating gifts to government officials. 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 TRUMP Memecoin Craters As White House Tariff Announcements Batter the Crypto and Stock Markets appeared first on The Daily Hodl .

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