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Showing posts from May, 2025

Dogecoin Forms Ascending Triangle On Daily Chart, Here’s The Target

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Trump Eyes Global Markets With 15% Tariffs for 150 Days

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Trump’s administration is now considering implementing 15% tariffs as a stopgap measure that would impose duties on large parts of the global economy for up to 150 days. Trade policy initiatives have catalyzed various major economic developments, and this particular development could significantly escalate the ongoing US-China trade war and also reshape global market tariffs across multiple sectors worldwide. Also Read: Digital Yuan’s Role in 38% of Global Trade Raises Eyebrows Understanding US-China Trade War And Global Market Tariffs Impact Source: Reuters Emergency Tariff Authority Consideration Trump’s administration is weighing whether to, well, use existing legal authority that allows for tariffs of up to 15% for a 150-day period, right now. Through several key regulatory approaches, emergency tariff strategies have accelerated across multiple significant policy areas. The Wall Street Journal reported this development, and they cited people familiar with the matter, th...

Solana Vs. Ethereum: Here's Why SOL May Dethrone ETH In 2025

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Solana (SOL) has emerged as a worthy competitor to Ethereum (ETH). The SOL network has seen incredible growth over the last few years. ETH continues to dominate the decentralized application (DApp) industry, but its dominance is being questioned by SOL. Why Solana May Dethrone Ethereum in 2025 Source: Bitcoinist SOL’s price fell to below $9 after FTX’s collapse in 2022. The popular cryptocurrency has since displayed an incredible comeback. SOL has hit multiple all-time highs over the last two years. The asset reached its most recent peak of $293.31 earlier this year in January. Since its 2022 lows till it hit an all-time high in January 2025, SOL’s price rallied by more than 3000%. Ethereum (ETH), on the other hand, has not seen the same level of movement as SOL. The asset’s price rallied earlier this month after the Pectra update. ETH’s price also did not see much traction after the SEC approved spot ETH ETFs for the US market. The Firedancer upgrade for t...

Japan’s $7B Nvidia Deal May Boost NVDA Stock

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Japan has accelerated efforts to purchase up to $6.9 billion worth of US semiconductors right now, and this Japan Nvidia chip deal catalyzed as various major trade tensions with Washington reached a boiling point. Tokyo’s government spearheaded initiatives to buy chips primarily from Nvidia to dodge Trump’s chip tariffs that revolutionized bilateral commerce across several key sectors. This strategic purchase leveraged subsidizing domestic firms and transformed America’s response to the roughly $69 billion trade deficit with Japan through numerous significant policy adjustments. The NVDA stock outlook has maximized investor confidence as this deal gained momentum, especially given Nvidia’s commanding 80% share of multiple essential AI chip market segments. The broader US-Japan semiconductor strategy architected Tokyo’s effort to preserve supply chain stability amid various major AI chip restrictions. Also Read: Nvidia (NVDA): Top Magnificent 7 Stock to Wat...

Strategy's Michael Saylor Calls Proof-of-Reserves a 'Liability'

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In a rather surprising development for the overarching industry, Strategy founder Michael Saylor has called proof-of-reserves a “liability” in a recent statement. Indeed, Saylor discussed the concept but rejected it on that basis, drawing the concern of many within the industry. Saylor had led his firm, the former MicroStrategy, to being one of the most prominent Bitcoin holders on the planet. Indeed, the firm holds more than 580,000 BTC, with more being added seemingly by the week. Yet, his recent statements on disclosures have many confused and seeking even more answers. Source: X Also Read: Class Action Lawsuit Filed Against Michael Saylor’s Strategy Over Bitcoin Michael Saylor Rejects Proof-of-Reserves in Shocking Statement There are few people as connected with Bitcoin and the cryptocurrency sector as Michael Saylor is. The executive has been a champion of the asset class for years. Moreover, his technology firm has been one of the biggest buyers of the asset class, put...

XRP price prediction as over $4 billion outflows in a day

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XRP is currently experiencing notable capital outflows, threatening its hold above the crucial psychological level of $2. Over the past 24 hours, XRP’s market capitalization has seen notable fluctuations. It initially stood at approximately $137.5 billion before dipping to $133.39 billion, a loss of $4.11 billion. It then recovered slightly to $135.86 billion at the time of writing. XRP one-day market cap chart. Source: CoinMarketCap As of press time, XRP was trading at $2.31, down 1.3% over the last 24 hours. On a weekly basis, it has lost about 1.6%. XRP seven-day price chart. Source: Finbold Despite this short-term volatility, XRP’s price remains above key support levels. The 50-day simple moving average (SMA) is $2.26, while the 200-day SMA is $1.91. This suggests that XRP is still holding above crucial longer-term trendlines, hinting at potential bullishness in the broader market. XRP price prediction  Looking ahead, Finbold explored insights f...

Ethereum Rainbow Chart predicts ETH price for June 1, 2025

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The Ethereum Rainbow Chart is forecasting that the second-largest cryptocurrency by market capitalization is likely to trade within its current range as of June 1. Notably, Ethereum (ETH) has been one of the top-performing assets in the ongoing market cycle, having broken out of a prolonged consolidation phase below $2,000.  This rally has been primarily driven by broader market sentiment and key network upgrades. As of press time, ETH was trading at $2,565, up 2.93% in the last 24 hours and 6.5% over the past week. ETH seven-day price chart. Source: Finbold However, short-term momentum may be slowing. In this case, Ethereum’s 14-day Relative Strength Index (RSI) stands at 62.91, indicating the asset is nearing overbought territory.  Still, both the 50-day ($2,024.08) and 200-day ($2,479.18) simple moving averages (SMA) remain below the current price, reinforcing a bullish outlook. Ethereum price prediction  According to the Ethereum...

Shiba Inu: 3 Aggressive Ways Through Which SHIB May Hit $0.01 Within 2 Years

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Shiba Inu is one of the leading cryptocurrency tokens to exist in the present day. The token is undoubtedly one of the most promising coins, the one capable of delivering stable returns, provided the token keeps pursuing a steady price path, with investors eyeing its spike to the ambitious $0.01 price spot. However difficult SHIB’s path towards $0.01 may seem, here are the two surefire ways that can help Shiba Inu surge to $0.01 within two years. Also Read: Currency News Today: US Dollar Is On Its Way Down, Says Analyst Shiba Inu’s $0.01 Dream: The Ultimate Pathway 1. Fierce Burn Mechanisms Through Shibarium Source – CoinCodex Shiba Inu will need to reduce its circulating supply for SHIB to breach the $0.01 price path. SHIB at present has trillions of tokens in supply; the token will need to adapt to fierce burn mechanisms to balance the token supply. In its wake, Shibarium can help tremendously in the process, as the layer 2 chain comes with its own nuanced burn mechanism. Shibar...

Solana MACD Curling Up – Is This The Prelude To A Breakout?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Can Dogecoin Really Hit $3.80? Analyst Says Yes—If This Happens

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...