Day: May 2, 2025

Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD

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As Ether’s price has struggled in the first quarter of 2025, a US-based investment adviser firm, Two Prime, has dropped support for ETH and adopted a Bitcoin-only strategy. After lending $1.5 billion in loans both in Bitcoin (BTC) and Ether (ETH) over the past 15 months, Two Prime decided to ditch ETH to focus solely on BTC asset management and lending, the firm announced on May 1. “ETH’s statistical trading behavior, value proposition, and community culture have failed beyond a point that is worth engaging,” Two Primes stated. The firm’s…

Moon soon? XRP’s strongest spot premium aligns with 70% rally setup

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Key takeaways: XRP’s strongest spot premium phase suggests real buying demand, not just speculative futures trading. The number of XRP addresses holding ≥10,000 tokens has steadily climbed, even during recent price pullbacks. A falling wedge pattern points to a possible breakout toward $3 to $3.78, with up to 70% upside if confirmed. XRP (XRP) is experiencing its strongest sustained phase of spot premium in history, a period where the spot market has been consistently trading at stronger levels compared to perpetual futures. XRP’s 350% rally is backed by real demand…

UK FCA Seeks Public Feedback on DeFi Regulation

Key Notes FCA opens discussion on regulating DeFi, staking, and crypto lending in the UK. Feedback invited from public and industry before June 13, 2025. Part of FCA’s 2025–2030 strategy for smarter crypto oversight. The UK’s Financial Conduct Authority (FCA) has asked the public and those in the crypto industry to share their views on how some digital asset services should be handled under British law. This is part of a broader effort to introduce rules that protect users and give businesses clear guidance. FCA Outlines Next Steps for Crypto…

Equity Fund Founder Reveals Why XRP ETF Is Anticipated, ‘There’s Value There’

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 Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP ETFs have become one of the most anticipated filings in the crypto space, with over 10 already crossing the desk of the Securities and Exchange Commission (SEC).…

Bitcoin unsure as recession looms, US-China tariff talks kick off

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Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph. Appetite for global risk assets such as Bitcoin (BTC) may take another hit, with analysts from Apollo Global Management predicting a recession by the summer. “Apollo predicting Summer Recession: Sharpest decline in earnings outlook since 2020,” cross-asset analyst Samantha LaDuc wrote in an April 26 X post. The progress on the tariff negotiations may be the most significant factor…

US-China Trade War to Ease Up as Bitcoin Aims for $100K. Here’s the Best Crypto to Buy

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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 Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is currently trading above $97K amid positive sentiments regarding a possible US-China trade deal. As per a statement by the Chinese state media, the US has reached out to China through ‘multiple channels’ to discuss…

Bitcoin Price Watch: Bulls Target $100K After Breakout Surge

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Bitcoin traded between $96,869 and $97,057 over the last hour, maintaining a tight range near recent highs. With a 24-hour intraday range of $95,925 to $97,341, the leading cryptocurrency boasts a $1.92 trillion market capitalization and a 24-hour trading volume of $27.81 billion, signaling sustained investor interest. Bitcoin The daily BTC/USD chart reflects a strong […] Original

UK regulator moves to restrict borrowing for crypto investments

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The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments. According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of payments and digital finance, told the FT that “crypto is an area of potential growth for the UK, but it has to be done right.” He added: “To do that we have to provide an…

Nears $100,000 Mark Post Breakthrough Of 10-Week High

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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 Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. …

Are Donald Trump’s tariffs a legal house of cards?

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On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year. Asked about his tariff program, the president remarked, “Somebody said, ‘Oh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.’” But the toy stores where those dolls are sold might have something to say about it.  Earlier in the week, Mischief Toy Store in St. Paul, Minnesota joined a…