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🇦🇪 JUST IN: Abu Dhabi’s ADQ, IHC, and First Abu Dhabi Bank to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, to accelerate the nation’s digital asset strategy.
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Thanks for reading , please follow us on CMC , CG IG and X .
Temu Adds Import Charges to Counter US Tariffs
**Temu**, the popular Chinese e-commerce platform known for its affordable prices, has announced it will implement significant price increases for U.S. customers. This change comes as a direct result of new **tariffs** imposed by the U.S. government, targeting Chinese imports.
Starting from **April 25, 2025**, Temu will add import charges of up to **150%** on some products, aiming to offset the impact of these tariffs, which have reached as high as **145%** on certain categories of goods. The tariffs were introduced in an effort to curb trade imbalances and encourage domestic manufacturing.
The tariff increase follows the removal of the **de minimis exemption**, a rule that allowed goods valued under $800 to enter the U.S. without being taxed. With this change set to take effect on **May 2, 2025**, the added charges are expected to impact the affordability of Temu's products, particularly affecting price-sensitive consumers who rely on the platform for cheap goods.
Temu has assured its customers that the price adjustments are necessary due to "recent changes in global trade rules and tariffs," but they remain committed to maintaining product quality despite the increased operational expenses.
This shift in pricing strategy is likely to affect a broad range of consumer goods available on Temu, raising questions about the future of affordable online shopping from China to the U.S.
Thanks for reading and please follow CheckDot on CMC and X.
**Temu**, the popular Chinese e-commerce platform known for its affordable prices, has announced it will implement significant price increases for U.S. customers. This change comes as a direct result of new **tariffs** imposed by the U.S. government, targeting Chinese imports.
Starting from **April 25, 2025**, Temu will add import charges of up to **150%** on some products, aiming to offset the impact of these tariffs, which have reached as high as **145%** on certain categories of goods. The tariffs were introduced in an effort to curb trade imbalances and encourage domestic manufacturing.
The tariff increase follows the removal of the **de minimis exemption**, a rule that allowed goods valued under $800 to enter the U.S. without being taxed. With this change set to take effect on **May 2, 2025**, the added charges are expected to impact the affordability of Temu's products, particularly affecting price-sensitive consumers who rely on the platform for cheap goods.
Temu has assured its customers that the price adjustments are necessary due to "recent changes in global trade rules and tariffs," but they remain committed to maintaining product quality despite the increased operational expenses.
This shift in pricing strategy is likely to affect a broad range of consumer goods available on Temu, raising questions about the future of affordable online shopping from China to the U.S.
Thanks for reading and please follow CheckDot on CMC and X.
JUST IN — Tether’s XAUT Passes First Gold Attestation
Tether has released its first-ever attestation for XAUT, confirming that over 7.7 tonnes of physical gold fully back the circulating tokens.
Each XAUT represents real gold stored securely in Swiss vaults — not just a paper promise.
CEO Paolo Ardoino emphasized that XAUT aims to become the gold standard for tokenized assets, especially in emerging markets.
While transparency has improved, some analysts still call for a full independent audit.
Digital gold is gaining traction. Are you ready?
#CryptoNews #Gold
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Tether has released its first-ever attestation for XAUT, confirming that over 7.7 tonnes of physical gold fully back the circulating tokens.
Each XAUT represents real gold stored securely in Swiss vaults — not just a paper promise.
CEO Paolo Ardoino emphasized that XAUT aims to become the gold standard for tokenized assets, especially in emerging markets.
While transparency has improved, some analysts still call for a full independent audit.
Digital gold is gaining traction. Are you ready?
#CryptoNews #Gold
Thanks for reading, please follow CheckDot on CMC, CG and X 💪
JUST IN - Boeing 777s could help cool the planet — but at a cost. Scientists suggest using "stratospheric aerosol injection" (SAI), where planes like the Boeing 777 would spray reflective particles into the upper atmosphere to reduce sunlight reaching the Earth.
However, this method could lead to serious side effects, including acid rain and disruptions to weather patterns.
The idea remains highly controversial, with experts warning of unpredictable consequences. Thanks for reading and please research on CheckDot 🤝
#ClimateChange #Geoengineering #BreakingNews
However, this method could lead to serious side effects, including acid rain and disruptions to weather patterns.
The idea remains highly controversial, with experts warning of unpredictable consequences. Thanks for reading and please research on CheckDot 🤝
#ClimateChange #Geoengineering #BreakingNews
Massive Power Outages Hit Spain, Portugal, and Parts of France — Madrid Declares "Status 2" Emergency
April 28, 2025 — A widespread power outage has struck Spain, Portugal, and parts of southern France, disrupting life across major cities including Madrid, Barcelona, Lisbon, and Seville. The blackout, which began around 12:30 PM local time, has impacted critical infrastructure such as airports, metro systems, hospitals, and telecommunications networks.
In response to the escalating situation, Madrid authorities have activated "Status 2" of the Territorial Emergency Plan, mobilizing emergency services and coordinating recovery efforts. Red Eléctrica, Spain's national grid operator, reported a dramatic drop in power demand, highlighting the scale of the incident.
While the cause remains under investigation, officials have not ruled out either a major grid fault or the possibility of a cyberattack. Partial recovery efforts are underway in some regions, but the Spanish government has urged citizens to remain indoors, limit travel, and conserve energy.
An emergency cabinet meeting has been convened as authorities prioritize the restoration of power and investigate the underlying cause of the blackout.
Thanks for reading and please research on $CDT CheckDot protocol 🤝
April 28, 2025 — A widespread power outage has struck Spain, Portugal, and parts of southern France, disrupting life across major cities including Madrid, Barcelona, Lisbon, and Seville. The blackout, which began around 12:30 PM local time, has impacted critical infrastructure such as airports, metro systems, hospitals, and telecommunications networks.
In response to the escalating situation, Madrid authorities have activated "Status 2" of the Territorial Emergency Plan, mobilizing emergency services and coordinating recovery efforts. Red Eléctrica, Spain's national grid operator, reported a dramatic drop in power demand, highlighting the scale of the incident.
While the cause remains under investigation, officials have not ruled out either a major grid fault or the possibility of a cyberattack. Partial recovery efforts are underway in some regions, but the Spanish government has urged citizens to remain indoors, limit travel, and conserve energy.
An emergency cabinet meeting has been convened as authorities prioritize the restoration of power and investigate the underlying cause of the blackout.
Thanks for reading and please research on $CDT CheckDot protocol 🤝
NHS England to Screen All Transgender Children for Autism Following Cass Review Findings
NHS England has announced a major new policy: all children referred to gender identity clinics will now be screened for neurodevelopmental conditions such as autism and ADHD. This decision follows the publication of the Cass Review, an independent investigation led by Dr. Hilary Cass, which highlighted that mental health issues — particularly autism and depression — are significantly more common among children experiencing gender-related distress.
The Cass Review recommended a more holistic and comprehensive approach to supporting young people questioning their gender identity. Rather than focusing solely on gender dysphoria, the new NHS guidelines aim to assess a child's overall mental health, developmental history, family relationships, and social circumstances. Where necessary, children will be referred to specialized services for additional support.
New gender clinics have already been opened in London and Liverpool, adopting a multidisciplinary model of care. More clinics are planned to ensure better access and consistent care standards across England.
This move comes alongside the NHS's decision to limit the prescription of puberty blockers to a small number of children participating in a controlled clinical trial, requiring both medical and parental approval.
The policy change has been welcomed by several support groups, who say it will provide more careful, individualized care for vulnerable children. However, it also emerges amid broader national debates over transgender rights and healthcare in the UK.
The NHS is expected to release its detailed new service specifications for public consultation soon.
Thanks for reading and please research on CheckDot protocol 🤝
NHS England has announced a major new policy: all children referred to gender identity clinics will now be screened for neurodevelopmental conditions such as autism and ADHD. This decision follows the publication of the Cass Review, an independent investigation led by Dr. Hilary Cass, which highlighted that mental health issues — particularly autism and depression — are significantly more common among children experiencing gender-related distress.
The Cass Review recommended a more holistic and comprehensive approach to supporting young people questioning their gender identity. Rather than focusing solely on gender dysphoria, the new NHS guidelines aim to assess a child's overall mental health, developmental history, family relationships, and social circumstances. Where necessary, children will be referred to specialized services for additional support.
New gender clinics have already been opened in London and Liverpool, adopting a multidisciplinary model of care. More clinics are planned to ensure better access and consistent care standards across England.
This move comes alongside the NHS's decision to limit the prescription of puberty blockers to a small number of children participating in a controlled clinical trial, requiring both medical and parental approval.
The policy change has been welcomed by several support groups, who say it will provide more careful, individualized care for vulnerable children. However, it also emerges amid broader national debates over transgender rights and healthcare in the UK.
The NHS is expected to release its detailed new service specifications for public consultation soon.
Thanks for reading and please research on CheckDot protocol 🤝
Grayscale's GBTC Dominates Bitcoin ETF Market Despite New Competition
More than a year after the launch of spot Bitcoin ETFs, Grayscale’s Bitcoin Trust (GBTC) continues to dominate revenue generation in the sector. As of April 2025, GBTC boasts an implied annual revenue exceeding $268 million — a figure that surpasses the combined revenue of all other Bitcoin ETFs, which collectively generate $211 million.
This performance highlights Grayscale’s enduring advantage, built through early market entry and strong brand recognition. Despite the emergence of newer ETFs with lower fees, many investors remain loyal to GBTC, valuing its liquidity, accessibility, and the trust it has cultivated over the years.
GBTC’s market strength is also reflected in its trading activity, with shares recently priced at $75.34, marking a 1.89% increase from the previous close. While fee competition among ETFs continues to intensify, Grayscale's ability to retain a large share of investor capital shows that first-mover advantage and established reputation can be just as important as cost-efficiency.
As the Bitcoin ETF market evolves, GBTC’s leadership demonstrates that in the world of crypto investments, trust and familiarity continue to drive major financial decisions.
Thanks for reading and please DYOR on CheckDot 🤝
More than a year after the launch of spot Bitcoin ETFs, Grayscale’s Bitcoin Trust (GBTC) continues to dominate revenue generation in the sector. As of April 2025, GBTC boasts an implied annual revenue exceeding $268 million — a figure that surpasses the combined revenue of all other Bitcoin ETFs, which collectively generate $211 million.
This performance highlights Grayscale’s enduring advantage, built through early market entry and strong brand recognition. Despite the emergence of newer ETFs with lower fees, many investors remain loyal to GBTC, valuing its liquidity, accessibility, and the trust it has cultivated over the years.
GBTC’s market strength is also reflected in its trading activity, with shares recently priced at $75.34, marking a 1.89% increase from the previous close. While fee competition among ETFs continues to intensify, Grayscale's ability to retain a large share of investor capital shows that first-mover advantage and established reputation can be just as important as cost-efficiency.
As the Bitcoin ETF market evolves, GBTC’s leadership demonstrates that in the world of crypto investments, trust and familiarity continue to drive major financial decisions.
Thanks for reading and please DYOR on CheckDot 🤝
North Korea Deploys Troops to Russia, Confirming Military Support
In a historic move, North Korea has officially deployed troops to Russia to assist in its ongoing war against Ukraine. This marks the first public acknowledgment of direct military cooperation between Pyongyang and Moscow.
According to North Korean state media, the deployment follows the terms of the **North Korea-Russia Comprehensive Strategic Partnership Treaty**, signed in June 2024. North Korean leader **Kim Jong-Un** praised the soldiers as "heroes," emphasizing their role in fulfilling the obligations of the mutual defense pact. The troops were reportedly sent to assist Russian forces in the **Kursk region**, an area recently contested by Ukrainian counteroffensives.
The international reaction has been swift. **South Korea** strongly condemned the deployment, calling it a violation of **United Nations Security Council resolutions**. Meanwhile, the **United States** and its allies expressed deep concern over the growing military ties between North Korea and Russia, warning of further instability in both Eastern Europe and East Asia.
The troop deployment marks a significant escalation in the global geopolitical landscape, potentially leading to new sanctions and increased military tensions worldwide.
Thanks for reading, please research on CheckDot token 🙂
In a historic move, North Korea has officially deployed troops to Russia to assist in its ongoing war against Ukraine. This marks the first public acknowledgment of direct military cooperation between Pyongyang and Moscow.
According to North Korean state media, the deployment follows the terms of the **North Korea-Russia Comprehensive Strategic Partnership Treaty**, signed in June 2024. North Korean leader **Kim Jong-Un** praised the soldiers as "heroes," emphasizing their role in fulfilling the obligations of the mutual defense pact. The troops were reportedly sent to assist Russian forces in the **Kursk region**, an area recently contested by Ukrainian counteroffensives.
The international reaction has been swift. **South Korea** strongly condemned the deployment, calling it a violation of **United Nations Security Council resolutions**. Meanwhile, the **United States** and its allies expressed deep concern over the growing military ties between North Korea and Russia, warning of further instability in both Eastern Europe and East Asia.
The troop deployment marks a significant escalation in the global geopolitical landscape, potentially leading to new sanctions and increased military tensions worldwide.
Thanks for reading, please research on CheckDot token 🙂
Massive Bitcoin Accumulation: US Spot ETFs Buy 10x More BTC Than Mined
This week, U.S. spot Bitcoin ETFs recorded a major bullish signal by purchasing a staggering 33,500 BTC—while only about 3,150 BTC were mined over the same period. This tenfold imbalance between new supply and institutional demand highlights growing confidence among investors in Bitcoin’s future value.
The surge in ETF inflows, totaling over $3 billion, marks the strongest weekly buying activity since March. BlackRock’s iShares Bitcoin Trust (IBIT) played a significant role in this accumulation, further demonstrating institutional appetite for Bitcoin exposure.
With the Bitcoin network’s hard cap limiting weekly supply to around 3,150 new coins, aggressive buying like this can lead to significant supply shocks. As demand outpaces supply, upward pressure on Bitcoin’s price becomes increasingly likely.
Currently trading around $94,168, Bitcoin is also considered by some analysts to be undervalued by up to 40%, suggesting even greater upside potential if the buying momentum continues.
In short: institutions are stacking Bitcoin faster than it can be created—setting the stage for potentially explosive moves ahead.
Thanks for reading and please research on CheckDot token 🙂
This week, U.S. spot Bitcoin ETFs recorded a major bullish signal by purchasing a staggering 33,500 BTC—while only about 3,150 BTC were mined over the same period. This tenfold imbalance between new supply and institutional demand highlights growing confidence among investors in Bitcoin’s future value.
The surge in ETF inflows, totaling over $3 billion, marks the strongest weekly buying activity since March. BlackRock’s iShares Bitcoin Trust (IBIT) played a significant role in this accumulation, further demonstrating institutional appetite for Bitcoin exposure.
With the Bitcoin network’s hard cap limiting weekly supply to around 3,150 new coins, aggressive buying like this can lead to significant supply shocks. As demand outpaces supply, upward pressure on Bitcoin’s price becomes increasingly likely.
Currently trading around $94,168, Bitcoin is also considered by some analysts to be undervalued by up to 40%, suggesting even greater upside potential if the buying momentum continues.
In short: institutions are stacking Bitcoin faster than it can be created—setting the stage for potentially explosive moves ahead.
Thanks for reading and please research on CheckDot token 🙂
Trump Proposes Major Tax Cuts Fueled by Tariff Revenues
President Donald Trump announced that federal income taxes could be substantially reduced—or even eliminated—for Americans earning under $200,000, once his new tariff regime is fully implemented.
Trump outlined his vision on Truth Social, suggesting that the United States could move away from the traditional Internal Revenue Service (IRS) model toward an "External Revenue Service," funded largely by tariffs. The plan includes a 10% universal tariff on all imported goods, with higher rates targeting countries with significant trade deficits with the U.S.
The initiative, formalized through Executive Order 14257 earlier this month, marks what Trump called "Liberation Day," aiming to boost domestic manufacturing and reduce reliance on foreign imports. Commerce Secretary Howard Lutnick projects the tariffs could generate up to $700 billion annually—enough to slash the national deficit and lower interest rates.
While the plan promises tax relief for millions of Americans, economists caution it could lead to higher consumer prices and widened economic inequality. Nonetheless, Trump's bold proposal signals a dramatic shift in U.S. economic policy heading into the next phase of his administration.Thanks for reading and please research on CheckDot 🤝
President Donald Trump announced that federal income taxes could be substantially reduced—or even eliminated—for Americans earning under $200,000, once his new tariff regime is fully implemented.
Trump outlined his vision on Truth Social, suggesting that the United States could move away from the traditional Internal Revenue Service (IRS) model toward an "External Revenue Service," funded largely by tariffs. The plan includes a 10% universal tariff on all imported goods, with higher rates targeting countries with significant trade deficits with the U.S.
The initiative, formalized through Executive Order 14257 earlier this month, marks what Trump called "Liberation Day," aiming to boost domestic manufacturing and reduce reliance on foreign imports. Commerce Secretary Howard Lutnick projects the tariffs could generate up to $700 billion annually—enough to slash the national deficit and lower interest rates.
While the plan promises tax relief for millions of Americans, economists caution it could lead to higher consumer prices and widened economic inequality. Nonetheless, Trump's bold proposal signals a dramatic shift in U.S. economic policy heading into the next phase of his administration.Thanks for reading and please research on CheckDot 🤝
Stablecoin Market Surges by $4.58B, Nears $240B Milestone
The stablecoin market is heating up, adding an impressive $4.58 billion in just one week and pushing total capitalization close to $240 billion. The surge highlights growing demand for digital assets that offer stability amid broader market volatility.
Tether (USDT) remains the dominant force, maintaining a market cap above $100 billion. USD Coin (USDC) continues to strengthen its position as a leading competitor, backed by Circle’s transparent reserve management.
Meanwhile, new entrants like USDS and Ripple’s RLUSD are making waves. RLUSD, launched by Ripple in late 2024, has already surpassed $294 million in market cap, boosted by integrations into platforms like Aave and Ripple’s own payment ecosystem. USDS is also gaining traction, offering another trusted alternative for users seeking stable digital assets.
The latest growth signals a dynamic shift in the stablecoin landscape, with traditional leaders expanding and new challengers reshaping the competition.
Thanks for reading and please research on CheckDot 🤝
The stablecoin market is heating up, adding an impressive $4.58 billion in just one week and pushing total capitalization close to $240 billion. The surge highlights growing demand for digital assets that offer stability amid broader market volatility.
Tether (USDT) remains the dominant force, maintaining a market cap above $100 billion. USD Coin (USDC) continues to strengthen its position as a leading competitor, backed by Circle’s transparent reserve management.
Meanwhile, new entrants like USDS and Ripple’s RLUSD are making waves. RLUSD, launched by Ripple in late 2024, has already surpassed $294 million in market cap, boosted by integrations into platforms like Aave and Ripple’s own payment ecosystem. USDS is also gaining traction, offering another trusted alternative for users seeking stable digital assets.
The latest growth signals a dynamic shift in the stablecoin landscape, with traditional leaders expanding and new challengers reshaping the competition.
Thanks for reading and please research on CheckDot 🤝
Israel’s Stance on Iran’s Nuclear Program: A Growing Tension
Israeli Prime Minister Benjamin Netanyahu has made a bold and alarming statement regarding Iran's nuclear program, declaring that Israel will "destroy Iran's nuclear reactors and enrichment facilities." This declaration follows Netanyahu's recent reaffirmation that any potential deal with Iran must involve the complete dismantling of Iran’s nuclear infrastructure.
In a video message released on April 8, 2025, Netanyahu emphasized that if diplomatic efforts fail to ensure the dismantling of Iran's nuclear capabilities, Israel would be prepared to act militarily. The statement echoes Israel's longstanding policy of preventing Iran from acquiring nuclear weapons, which it views as an existential threat.
While Netanyahu's remarks do not outline immediate military action, reports suggest that Israeli officials have presented the U.S. with several military options, including airstrikes and commando operations, aimed at delaying Iran’s nuclear ambitions. Israel’s military actions could set off a significant escalation, with regional and global ramifications.
The U.S. has expressed a preference for diplomatic solutions but has kept military options on the table, particularly if Iran’s nuclear activities are deemed uncontrollable. The ongoing U.S.-Iran talks are focused on limiting Iran’s uranium enrichment and enhancing international oversight, but tensions remain high.
As Israel's position on Iran's nuclear program grows more aggressive, the world watches closely. Any Israeli strike on Iranian nuclear facilities would likely lead to a major military confrontation, raising the stakes in an already volatile region. Thanks for reading and please research on CheckDot .
Israeli Prime Minister Benjamin Netanyahu has made a bold and alarming statement regarding Iran's nuclear program, declaring that Israel will "destroy Iran's nuclear reactors and enrichment facilities." This declaration follows Netanyahu's recent reaffirmation that any potential deal with Iran must involve the complete dismantling of Iran’s nuclear infrastructure.
In a video message released on April 8, 2025, Netanyahu emphasized that if diplomatic efforts fail to ensure the dismantling of Iran's nuclear capabilities, Israel would be prepared to act militarily. The statement echoes Israel's longstanding policy of preventing Iran from acquiring nuclear weapons, which it views as an existential threat.
While Netanyahu's remarks do not outline immediate military action, reports suggest that Israeli officials have presented the U.S. with several military options, including airstrikes and commando operations, aimed at delaying Iran’s nuclear ambitions. Israel’s military actions could set off a significant escalation, with regional and global ramifications.
The U.S. has expressed a preference for diplomatic solutions but has kept military options on the table, particularly if Iran’s nuclear activities are deemed uncontrollable. The ongoing U.S.-Iran talks are focused on limiting Iran’s uranium enrichment and enhancing international oversight, but tensions remain high.
As Israel's position on Iran's nuclear program grows more aggressive, the world watches closely. Any Israeli strike on Iranian nuclear facilities would likely lead to a major military confrontation, raising the stakes in an already volatile region. Thanks for reading and please research on CheckDot .
Bank of Ghana to Regulate Cryptocurrency by September 2025
The Bank of Ghana (BoG) has announced plans to regulate the cryptocurrency sector by September 2025, marking a major shift from its cautious stance in 2018. Governor Dr. Johnson Asiama revealed that the central bank intends to establish a dedicated digital asset department to oversee the sector once the Virtual Asset Providers Act is passed. This act will empower the BoG to license and regulate crypto platforms and participants.
The upcoming regulations will focus on consumer protection, anti-money laundering (AML), and combating the financing of terrorism (CFT). Virtual Asset Service Providers (VASPs) will be required to implement robust know-your-customer (KYC) measures, conduct due diligence, and comply with international standards like the Financial Action Task Force’s (FATF) Travel Rule.
This move reflects Ghana’s recognition of the growing role of blockchain technology and digital assets in the financial ecosystem. It also aligns Ghana with other African countries such as Nigeria, South Africa, and Kenya, which are setting up regulatory frameworks for cryptocurrencies.
The shift from the BoG’s 2018 position signals a proactive approach to embracing innovation while ensuring financial stability and protecting consumers. Industry stakeholders are optimistic that clear regulations will foster growth and innovation within Ghana’s crypto sector.
Thanks for reading and please research on CheckDot 🤝
The Bank of Ghana (BoG) has announced plans to regulate the cryptocurrency sector by September 2025, marking a major shift from its cautious stance in 2018. Governor Dr. Johnson Asiama revealed that the central bank intends to establish a dedicated digital asset department to oversee the sector once the Virtual Asset Providers Act is passed. This act will empower the BoG to license and regulate crypto platforms and participants.
The upcoming regulations will focus on consumer protection, anti-money laundering (AML), and combating the financing of terrorism (CFT). Virtual Asset Service Providers (VASPs) will be required to implement robust know-your-customer (KYC) measures, conduct due diligence, and comply with international standards like the Financial Action Task Force’s (FATF) Travel Rule.
This move reflects Ghana’s recognition of the growing role of blockchain technology and digital assets in the financial ecosystem. It also aligns Ghana with other African countries such as Nigeria, South Africa, and Kenya, which are setting up regulatory frameworks for cryptocurrencies.
The shift from the BoG’s 2018 position signals a proactive approach to embracing innovation while ensuring financial stability and protecting consumers. Industry stakeholders are optimistic that clear regulations will foster growth and innovation within Ghana’s crypto sector.
Thanks for reading and please research on CheckDot 🤝
SEC Approves ProShares Trust’s XRP Futures ETFs for April 30 Launch
In a major development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved the public launch of ProShares Trust’s XRP futures exchange-traded funds (ETFs). The launch is scheduled for April 30, 2025.
The approved products include the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. These ETFs are designed to offer leveraged and inverse exposure to XRP futures prices, giving investors the ability to speculate on XRP's movements without directly holding the asset.
Following the announcement, XRP’s price surged past $2.23, with trading volumes increasing sharply across major exchanges. This move highlights growing investor excitement and confidence in XRP's expanding role in traditional financial markets.
It’s important to note that the SEC’s approval is limited to futures-based ETFs; spot XRP ETFs have not yet received approval. However, this milestone is seen as a major step forward for institutional adoption of XRP and could pave the way for further crypto-based investment products.
Thanks for reading and please research on CheckDot 🤝
In a major development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved the public launch of ProShares Trust’s XRP futures exchange-traded funds (ETFs). The launch is scheduled for April 30, 2025.
The approved products include the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. These ETFs are designed to offer leveraged and inverse exposure to XRP futures prices, giving investors the ability to speculate on XRP's movements without directly holding the asset.
Following the announcement, XRP’s price surged past $2.23, with trading volumes increasing sharply across major exchanges. This move highlights growing investor excitement and confidence in XRP's expanding role in traditional financial markets.
It’s important to note that the SEC’s approval is limited to futures-based ETFs; spot XRP ETFs have not yet received approval. However, this milestone is seen as a major step forward for institutional adoption of XRP and could pave the way for further crypto-based investment products.
Thanks for reading and please research on CheckDot 🤝
Trump Proposes Tariff Revenue to Replace Income Taxes for Many Americans
On April 27, 2025, President Donald J. Trump announced on social media that his new economic plan would focus on reducing — and potentially eliminating — income taxes for Americans earning less than $200,000 a year. According to Trump, the move would be made possible by revenue generated from new tariffs on foreign goods.
He emphasized that as tariffs "cut in," the government would no longer need to rely heavily on personal income taxes. Trump introduced the term "External Revenue Service," suggesting a shift toward funding the government through external trade rather than taxing American workers directly.
The president also stated that "massive numbers of jobs" are already being created, with new plants and factories either being built or planned. He described the situation as a "BONANZA FOR AMERICA," aiming to frame it as a major boost for the economy and American manufacturing.
While the plan excites many of his supporters, some experts warn that tariffs can lead to higher consumer prices. Still, Trump's proposal marks a bold shift in U.S. tax and trade policy, with the goal of making America stronger through external economic power. Thanks for reading and please do research on CheckDot 🤝
#trump #Tariffs
On April 27, 2025, President Donald J. Trump announced on social media that his new economic plan would focus on reducing — and potentially eliminating — income taxes for Americans earning less than $200,000 a year. According to Trump, the move would be made possible by revenue generated from new tariffs on foreign goods.
He emphasized that as tariffs "cut in," the government would no longer need to rely heavily on personal income taxes. Trump introduced the term "External Revenue Service," suggesting a shift toward funding the government through external trade rather than taxing American workers directly.
The president also stated that "massive numbers of jobs" are already being created, with new plants and factories either being built or planned. He described the situation as a "BONANZA FOR AMERICA," aiming to frame it as a major boost for the economy and American manufacturing.
While the plan excites many of his supporters, some experts warn that tariffs can lead to higher consumer prices. Still, Trump's proposal marks a bold shift in U.S. tax and trade policy, with the goal of making America stronger through external economic power. Thanks for reading and please do research on CheckDot 🤝
#trump #Tariffs
#DeFi TVL Surpasses $100 Billion for the First Time Since March
The decentralized finance (DeFi) sector has crossed a major milestone, with the total value locked (TVL) exceeding $100 billion — the first time since March 2025. This recovery signals renewed interest and confidence in DeFi protocols after a challenging start to the year, where TVL fell by 27.5%.
Solana continues to lead the surge, reaching $13 billion in TVL and recording an impressive $100 billion in decentralized exchange (DEX) trading volume in March alone. Meanwhile, Ethereum, although still dominant, saw its market share slip slightly from 63.5% to 56.6%, largely due to market corrections and price drops.
New players like Berachain are also making waves, with Berachain growing to $5.2 billion in TVL thanks to innovative features and strong community support.
The DeFi ecosystem’s rebound highlights the sector’s resilience and its critical role in the future of finance, as platforms offering scalability, security, and low fees attract increasing adoption.
Thanks for reading and please follow CheckDot on CMC.
The decentralized finance (DeFi) sector has crossed a major milestone, with the total value locked (TVL) exceeding $100 billion — the first time since March 2025. This recovery signals renewed interest and confidence in DeFi protocols after a challenging start to the year, where TVL fell by 27.5%.
Solana continues to lead the surge, reaching $13 billion in TVL and recording an impressive $100 billion in decentralized exchange (DEX) trading volume in March alone. Meanwhile, Ethereum, although still dominant, saw its market share slip slightly from 63.5% to 56.6%, largely due to market corrections and price drops.
New players like Berachain are also making waves, with Berachain growing to $5.2 billion in TVL thanks to innovative features and strong community support.
The DeFi ecosystem’s rebound highlights the sector’s resilience and its critical role in the future of finance, as platforms offering scalability, security, and low fees attract increasing adoption.
Thanks for reading and please follow CheckDot on CMC.
Arizona Moves Closer to Establishing Bitcoin Reserves
Arizona is on the verge of making history as the first U.S. state to establish official Bitcoin reserves. On Monday, April 28, 2025, the Arizona House will hold its third and final reading of Senate Bill 1373 (SB 1373), a proposal aimed at creating a Strategic Digital Assets Reserve Fund. If passed, this fund would allow the state treasurer to invest up to 10% of the fund's assets annually into digital assets such as Bitcoin, stablecoins, and even NFTs.
In parallel, a companion bill — SB 1025, the Arizona Strategic Bitcoin Reserve Act — is also advancing. It specifically authorizes the state treasury and retirement systems to allocate up to 10% of their available funds into Bitcoin.
Both bills have already cleared the House Committee of the Whole and now await final floor votes. However, Governor Katie Hobbs has threatened to veto any new legislation until lawmakers resolve issues surrounding disability services funding, casting uncertainty over the bills' future.
If approved and signed into law, Arizona would become the first U.S. state to hold Bitcoin and digital assets as part of its official reserves — a bold move that could inspire other states to follow.
The outcome of Monday’s vote could mark a major milestone for crypto adoption at the state level.
Thanks for reading and please follow CheckDot on CMC and X 🙂
Arizona is on the verge of making history as the first U.S. state to establish official Bitcoin reserves. On Monday, April 28, 2025, the Arizona House will hold its third and final reading of Senate Bill 1373 (SB 1373), a proposal aimed at creating a Strategic Digital Assets Reserve Fund. If passed, this fund would allow the state treasurer to invest up to 10% of the fund's assets annually into digital assets such as Bitcoin, stablecoins, and even NFTs.
In parallel, a companion bill — SB 1025, the Arizona Strategic Bitcoin Reserve Act — is also advancing. It specifically authorizes the state treasury and retirement systems to allocate up to 10% of their available funds into Bitcoin.
Both bills have already cleared the House Committee of the Whole and now await final floor votes. However, Governor Katie Hobbs has threatened to veto any new legislation until lawmakers resolve issues surrounding disability services funding, casting uncertainty over the bills' future.
If approved and signed into law, Arizona would become the first U.S. state to hold Bitcoin and digital assets as part of its official reserves — a bold move that could inspire other states to follow.
The outcome of Monday’s vote could mark a major milestone for crypto adoption at the state level.
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#XRPETF Brazil Launches World’s First Spot XRP ETF
In a groundbreaking move for the cryptocurrency market, Brazil has officially launched the first-ever spot XRP exchange-traded fund (ETF), marking a major step toward mainstream adoption of digital assets. The ETF, trading under the ticker **XRPH11**, debuted on the B3 stock exchange on April 25, 2025. Managed by the investment firm **Hashdex**, the fund is designed to track the **Nasdaq XRP Reference Price Index**, giving investors direct exposure to XRP while providing a regulated and accessible investment vehicle.
This launch positions Brazil as a leader in the global cryptocurrency investment space. The introduction of the spot XRP ETF allows both institutional and retail investors to gain exposure to XRP in a compliant and transparent manner, further bridging the gap between traditional finance and the digital asset world.
In the United States, the race for an XRP ETF is also gaining momentum. In October 2024, **Bitwise** filed a registration statement with the SEC for a spot XRP ETF. While the approval process is still underway, the move signals growing interest in XRP-focused investment products. Additionally, **Teucrium** launched the **2x Long Daily XRP ETF (XXRP)** in April 2025, offering a leveraged product aimed at doubling the daily return of XRP.
The launch of Brazil’s spot XRP ETF is a pivotal moment for the cryptocurrency industry, potentially paving the way for similar products in other countries, including the United States. As the market continues to evolve, the approval and growth of XRP ETFs could have a significant impact on XRP's price and the broader crypto ecosystem. Thanks for reading and please DYOR on CheckDot 🤝
In a groundbreaking move for the cryptocurrency market, Brazil has officially launched the first-ever spot XRP exchange-traded fund (ETF), marking a major step toward mainstream adoption of digital assets. The ETF, trading under the ticker **XRPH11**, debuted on the B3 stock exchange on April 25, 2025. Managed by the investment firm **Hashdex**, the fund is designed to track the **Nasdaq XRP Reference Price Index**, giving investors direct exposure to XRP while providing a regulated and accessible investment vehicle.
This launch positions Brazil as a leader in the global cryptocurrency investment space. The introduction of the spot XRP ETF allows both institutional and retail investors to gain exposure to XRP in a compliant and transparent manner, further bridging the gap between traditional finance and the digital asset world.
In the United States, the race for an XRP ETF is also gaining momentum. In October 2024, **Bitwise** filed a registration statement with the SEC for a spot XRP ETF. While the approval process is still underway, the move signals growing interest in XRP-focused investment products. Additionally, **Teucrium** launched the **2x Long Daily XRP ETF (XXRP)** in April 2025, offering a leveraged product aimed at doubling the daily return of XRP.
The launch of Brazil’s spot XRP ETF is a pivotal moment for the cryptocurrency industry, potentially paving the way for similar products in other countries, including the United States. As the market continues to evolve, the approval and growth of XRP ETFs could have a significant impact on XRP's price and the broader crypto ecosystem. Thanks for reading and please DYOR on CheckDot 🤝
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Focus on growing your portfolio while we handle your security. With CheckDot, you're always one step ahead, ensuring a resilient and successful crypto journey. fight risks — use CheckDot , secure your future, and thrive.
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👉 Post: https://x.com/Checkdot_proto/status/1916198204288496052
Focus on growing your portfolio while we handle your security. With CheckDot, you're always one step ahead, ensuring a resilient and successful crypto journey. fight risks — use CheckDot , secure your future, and thrive.
#DeFi #Web3
👉 Post: https://x.com/Checkdot_proto/status/1916198204288496052
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