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Showing posts from March, 2025

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

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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?

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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

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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

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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...

Ripple Prediction: XRP Price 6 Months From Now

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Ripple (XRP) is currently one of the leading crypto tokens existing in the space. The fact that the token has won over a scrutinizing legal war against the US SEC speaks volumes about its resilience, which has now evolved into a broad spectrum of offerings that Ripple is proudly boasting of. For instance, Ripple is already causing waves of change in the stablecoin domain after launching RLUSD. With the Trump administration pivoting towards stablecoins to establish global dominance, Ripple is currently standing on the precipice of a massive change. Will all these developments catapult XRP to touch new highs? Let’s find out. Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! Ripple Taking Over The World Source: Bitcoin News Ripple (XRP) is no ordinary cryptocurrency and has lately been taking the market by storm. The fact that the token had already launched its stablecoin way before US President Trump floated the idea of stablecoin playing a crucial role...

GameStop To Add Bitcoin To Treasury As T. Rowe Price Says Buy Bitcoin

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GameStop (GME) is set to join the growing list of publicly traded companies adding Bitcoin to their treasuries, as trillion-dollar asset manager T. Rowe Price calls it a “really good time” to buy the cryptocurrency. GameStop said in its Q4 earnings report that its board unanimously approved adding Bitcoin to its treasury. The video game retailer plans to use a portion of its corporate cash or future debt issuances to acquire BTC and USD-pegged stablecoins. GameStop CEO Pictured With Michael Saylor At Donald Trump’s Mar-a-Lago GameStop CEO Ryan Cohen hinted at the move back in early February when he posted a picture of himself and Strategy Executive Chair Michael Saylor at Donald Trump’s Mar-a-Lago estate.  pic.twitter.com/wlOwEGli6n — Ryan Cohen (@ryancohen) February 8, 2025 GameStop’s cash reserves stood at over $4.77 billion as of Feb. 1, the report showed, up from $921.7 million a year earlier.  In the days after Cohen posted t...

BRICS to Launch Gold-Backed Stablecoin To Challenge the US Dollar?

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Developing countries are looking to topple the US dollar’s dominance and weaken its prospects in the currency markets. The fight to influence and control the global financial order gained steam after the US imposed sanctions on Russia in 2022 for invading Ukraine. BRICS is considering various methods to pull the US dollar down from its dominant position, including launching a new currency and a gold-backed stablecoin. Also Read: India Conveys to BRICS: ‘We Will Not Ditch the US Dollar’ Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The alliance kick-started the de-dollarization agenda and is convincing other countries to use local currencies for trade. Max Keiser, the current advisor to the Bukele administration wrote on X that BRICS might soon launch a gold-backed stablecoin to take on the US dollar. BRICS Gold-Backed Stablecoin Vs the US Dollar Source: Cryptopolitian.com The idea comes after reports of Trump planning to launc...