Posts

2 cryptocurrencies to buy amid the broader market downturn

Image
The global cryptocurrency market shed over the weekend $300 billion in value, plunging from $2.75 trillion to as low as $2.35 trillion following the announcement of President Donald Trump’s sweeping global tariffs. Bitcoin (BTC) has dropped below $80,000, as investor sentiment continues to sour amid intensifying global trade tensions. The decline mirrors the broader market selloff, with U.S. equities experiencing their worst trading session since the COVID-19 crash in 2020. Amid this widespread downturn, investors are actively searching for signs of a bottom, and potential buying opportunities.  On April 7, Finbold turned to 12-hour Relative Strength Index (RSI) data from CoinGlass , a popular timeframe for identifying short-term trading setups. With the average RSI across the crypto market sitting at 33.50, signaling weakening momentum and nearing oversold territory, a few assets stand out as candidates for a rebound.  Among them, Ethereum (ETH) and Jito (JTO)...

Moonacy Protocol's Closed Airdrop 

Image
Moonacy Protocol , a well-known cross-chain exchange, has announced the imminent launch of an airdrop of its own token, which will be an important element of the project's future B2B payment system. According to the information released by the team, the development of its payment system is already nearing completion. The Moonacy token will serve as an internal settlement instrument, participate in the prioritization of transactions, and be used to pay commission fees in the ecosystem.  The internal token will become an important element of the entire ecosystem and will be used: • to pay commission fees in the B2B payment system; • as a priority resource for routing transactions ; • as a means of settlement between corporate clients . It is important to note that the token will be more than just a “gas” of the platform. It will be the basis for automating payment flows within Moonacy and external corporate systems through API integrati...

China Imposes 34% Tariffs on All US Goods From April 10

Image
US President Donald Trump stirred the hornet’s nest after imposing sweeping tariffs on more than three dozen countries. The tariff announcement on April 2, dubbed Liberation Day is changing the landscape of global trade and commerce. Trump imposed 34% tariffs on China making it expensive for the Communist nation to conduct business in the US. However, the Xi Jinping administration hit back by imposing 34% reciprocal tariffs on all US goods from April 10. Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff Impact JUST IN: China to impose additional 34% tariff on US goods. — Watcher.Guru (@WatcherGuru) April 4, 2025 Reuters reported China’s Finance Ministry announced the imposition of an additional 34% tariff on all US goods as a countermeasure to Trump. Apart from China, many other countries are considering tit-for-tat measures to give a befitting reply to Trump’s trade policies. The global markets will be severely impacted by measures a...

WhiteBIT Nova surpasses 1 million transactions  

WhiteBIT, the largest cryptocurrency exchange in Europe by traffic, has announced that WhiteBIT Nova, its crypto card supported by Visa, has processed over a million transactions, as per the reports shared with Finbold on Thursday, April 3. The numbers are a major milestone not only for WhiteBIT but the broader crypto industry, as they highlight the increasing adoption of digital assets as an everyday spending alternative to fiat. The growing adoption of crypto payment solutions By some estimates, nearly one in five crypto holders is expected to use digital assets for everyday purchases by 2026.  Picks for you XRP holders brace for impact ahead of key SEC meeting today 3 hours ago Robert Kiyosaki shocks investors with his top asset...

Fidelity Launches Retirement Plan With Direct Crypto Investments

$6 trillion asset manager Fidelity Investments is launching a new retirement plan that permits direct crypto investments. The firm now offers a no-fee crypto IRA that allows U.S. adults to invest in Bitcoin (BTC), Ethereum Ether (ETH) and Litecoin (LTC), according to a new webpage on Fidelity’s official website. JUST IN: $6 trillion asset manager Fidelity launches retirement plan allowing direct crypto investments. — Watcher.Guru (@WatcherGuru) April 2, 2025 Clients of the Fidelity firm have voiced interest in a tax-advantaged way to trade and hold cryptocurrency assets. As the crypto sector gains popularity and value among investors, investment/asset managers have increased their crypto services and offerings. This includes new retirement plans allowing crypto investments, crypto ETFs, and other means of equity exposure. Now, Fidelity is the latest to offer a retirement plan that can be funded with crypto. Fidelity now offers BTC, LTC and ETH to any U.S. citizen over the age of 1...

Metaplanet Becomes Top 10 Bitcoin Holder After $67M Purchase

Image
In recent years, companies have embraced increased investment in the cryptocurrency market. Favorable regulation is expected in the coming years, and the asset class has shown its viability as a reserve currency. With companies’ increasing exposure, Metaplanet has become a top 10 Bitcoin holder after its most recent $67 million purchase. The Tokyo-based firm has been known for its innovative approach to Bitcoin financing. Moreover, that very approach has seen it achieve a Q1 yield of 95%. Following in the footsteps of firms like Michael Saylor’s Strategy, it is rapidly becoming a key player in the growth of corporate BTC strategies. Source: Watcher Guru Also Read: Metaplanet’s Bitcoin Pivot Propels Stock to 3,600% Surge in 12 Months Metaplanet Adds 696 BTC as it Becomes Top 10 Bitcoin Holder 2025 was always poised to be one of the most important years in the cryptocurrency market’s history. Just three months into the year, and that has already proven to be the case. Al...

ETH Price Struggles: 74% of Supply Below Cost—What's Next?

Image
ETH price struggles have intensified in recent weeks as approximately 74% of Ethereum’s supply now sits underwater, according to the latest on-chain data from multiple sources. This concerning trend has emerged amid heightened crypto price volatility. Many investors and traders are watching the Ethereum future outlook with growing apprehension right now. The current market structure, well, it suggests some pretty serious challenges ahead for ETH in the coming weeks and months. Also Read: Circle Hires JPMorgan & Citi For IPO Filing Expected in April Ethereum’s Next Move: Supply Pressure, Market Trends & Risks Source: WatcherGuru Massive Underwater Supply Creates Selling Pressure On-chain data reveals a troubling reality for Ethereum holders at the time of writing. Nearly 74% of the ETH supply—which is approximately 106.75 million coins—is currently held at a loss. This creates substantial resistance as these holders may look to exit positions when prices approach their break-...

Ripple: With SEC Lawsuit Settled, Will XRP Hit $4?

Image
Earlier this month, Ripple CEO Brad Garlinghouse announced that the SEC is no longer pursuing its litigation against the fintech company. XRP experienced a brief rally following the announcement. Following the market-wide correction, XRP’s price has dipped to pre-announcement levels. XRP is currently down by 4.5% in the daily charts, 6.6% in the weekly charts, 1.7% in the 14-day charts, and 2.3% over the previous month. Despite the dip, the asset’s price has rallied by 261.6% since March 2024. Also Read: Putin’s “Temporary Admin” Plan for Ukraine Could Shift Europe’s Oil and Gas Flow Source: CoinGecko Cryptocurrencies Continue To Stagnate Source: Watcher Guru The cryptocurrency market seems to be entering a consolidation phase. Bitcoin (BTC) briefly reclaimed the $88,000 level earlier this week. BTC’s price has since slipped to the $86,000 mark. XRP follows BTC’s trajectory as well. Also Read: South Carolina’s Bold Move: Proposes 1M BTC State Reserve The market d...

Trump Auto Tariffs: JPMorgan Warns These Stocks Could Crash

Image
Trump auto tariffs are sending shockwaves through Wall Street right now as President Trump announced Wednesday a 25% tariff on imported vehicles and car parts. The stock market impact has been immediate and quite dramatic. Several major automakers are seeing significant drops in premarket trading. JPMorgan analysts are already warning investors about potentially devastating consequences for certain automotive stocks. The implications could be far-reaching. Also Read: Hanwha Aerospace Stock Surges 3,100% Amid Global Defense Boom Wall Street Reaction: How Trump’s 25% Auto Tariffs Hit Car Prices Source: Watcher Guru The announcement of Trump’s new auto tariffs has been met with concern and even alarm from industry experts and analysts alike. Car prices are expected to increase significantly. Some estimates suggest jumps of $5,000 to $10,000 per vehicle, depending on make and model, among other factors. Car Companies See Stocks Drop Quickly Source: Yahoo Finance The Big Three US...

Ripple: AI Predicts XRPs Price For April 1st 2025

Image
Ripple (XRP) continues to make waves in the cryptocurrency market. The token is now an official part of Trump’s crypto reserve, which has given XRP a unique purpose to fulfill and to work on in the near future. In addition to this, the Ripple Ecosystem is free from all legal barriers as the US SEC case against the firm has officially ended with Ripple emerging as the ultimate winner. This has also enabled XRP to gain significant market momentum, helping the token to surge high in the process. Can the token maintain its positive rhythm in April as well? Let’s find out. Also Read: Jio Financial Shares April 2025 Price Prediction Ripple: What’s New With The Token? Source: GlobalNews Ripple (XRP) is now free from all legal barriers. Its case with the US SEC has now officially ended, marking a pivotal moment for the cryptocurrency enthusiasts to take note of. The tumultuous 4-year legal war has finally ended, helping XRP to finally claim its independence. The token is now s...