INDIA TO IMPOSE 12% TEMPORARY TARIFF OR SAFEGUARD DUTY ON STEEL IMPORTS "AT THE EARLIEST," GOVERNMENT SOURCE SAYS
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in cheap imports from China and elsewhere.
The government would enact the tax as soon as possible, the source, who did not wish to be named, told Reuters on Monday.
Artificial Intelligence Explained: How Much Will Bitcoin Be on May 1?
While the Bitcoin (BTC) price is hovering close to the critical $85,000 resistance, the predictions of AI-backed models have begun to attract the attention of investors. As the search for direction continues in the crypto markets, OpenAI's ChatGPT and Elon Musk-backed xAI's Grok model have made remarkable predictions about the Bitcoin price for May 1, 2025. While both models indicate that the potential for an increase continues, possible support and resistance areas are becoming clear for investors.
The Grok model developed by $XAI offers a more conservative prediction, suggesting that Bitcoin could trade between $88,000 and $92,000 on May 1. The model emphasizes that Bitcoin's RSI indicator remains in the neutral zone, while the moving averages are still on an upward trend.
According to Grok, while $80,000 - $82,000 constitute a strong support zone, he states that selling pressure may increase in areas approaching $100,000. Therefore, although short-term targets remain around 90,000, the possibility that possible breaks could carry $BTC to $100,000 is not ruled out.
OpenAI's ChatGPT model predicts that Bitcoin could be traded between $91,000 and $96,000 on May 1, 2025. The model largely bases this prediction on the halving effect that took place in April 2024. Historical data shows that $BTC usually enters multi-month rally periods in post-halving periods.
In addition, intense institutional demand for spot Bitcoin ETFs is considered one of the factors that can significantly reduce the supply in the market and push the price up. ChatGPT states that technically, a break above $80,000 is a positive signal, while the next resistance zone is the $90,000-$95,000 band.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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#USChinaTensions #BTCRebound #SaylorBTCPurchase #BNBChainMeme #TRXETF
$SAND /USDT – Resistance Rejection in Play, Risk of Pullback Ahead
{spot}(SANDUSDT)
SAND is up +4.63% but has just faced rejection near 0.2911 resistance, showing signs of potential short-term exhaustion.
Current Price: 0.2823
24H High: 0.2911
24H Low: 0.2618
Market Snapshot:
After a strong bullish leg, price action shows wick rejections at key resistance. Sellers are beginning to step in, and price is hovering below the supply zone. A pullback toward mid-supports is possible unless 0.2850 is flipped decisively.
Key Levels:
Immediate Resistance: 0.2911
Support Zone: 0.2750
Major Support: 0.2618
Short Trade Setup:
Entry Zone: 0.2823
Final Target: 0.2618
Stop Loss: 0.2911
Why This Setup Makes Sense: Price failed to close above resistance and is printing lower highs near the top—sign of bearish intent.
Risk Strategy: Consider partial profits at 0.2750, protect capital with SL above supply.
Take short trade here on $SAND
#SANDUSDT #BearishSetup #CryptoShort #BinanceTrade #AltcoinUpdate
Can $SHIB iba Inu Skyrocket 8,233% to 83,233%? Here’s What You Need to Know
Shiba Inu has been the focus of several bullish forecasts lately, but whether it can realistically reach these ambitious targets remains up for debate.
These predictions have gained traction amid a climate of uncertainty in the crypto market. So far this year, the global crypto market cap has dropped by 17.3%, currently sitting at $2.63 trillion. In parallel, $SHIB has seen a significant decline of 43.17% over the same period.
Investor Confidence Holds Strong
Despite the downturn, Shiba Inu investors remain largely optimistic. According to CoinMarketCap data, community sentiment around SHIB is overwhelmingly positive—88% bullish versus just 12% bearish, based on over 964,000 user votes. This reflects a strong and active support base for the token.
Gameness Airdrop Successfully Completed. 🥳
Gameness has once again managed to impress its community with a recently concluded airdrop event. The project’s founding team adopted a community-first approach throughout the process, conducting a transparent and fair distribution. This event was not just about token allocation; it marked a pivotal moment where the spirit of Gameness was once again embraced by its community.
Although it was initially possible to play the game 1500 times, this participation criterion was soon reduced to 21. This strategic decision was announced to the community on April 3 and April 13, ensuring that all users were included in the process. In order to increase participation, it was deemed sufficient to make only one on-chain transaction. This transaction could be carried out with a symbolic fee of approximately 0.05 TON, ensuring that the process was as low-cost as possible.
Rather than relying on traditional influencer campaigns, the Gameness team based their growth entirely on community strength. Users were simply asked to invite two friends, and the resulting organic expansion helped the project reach a loyal user base. The focus was not on the activity level of invitees, but rather on how the community expanded.
Participants in the airdrop were given the option to lock their tokens. Surprisingly, over 20% of them chose to do so voluntarily. This demonstrated the community's trust in the project and their commitment to its long-term vision.
In total, the estimated airdrop reward per participant was around $110, further enhancing the excitement and value of the campaign for users who joined the event.
Following the successful campaign, the Gameness team extended their gratitude to all participants and emphasized that everyone involved played a role in the project’s success. All eyes are now on the upcoming developments in the Gameness universe. The project’s journey continues, moving forward confidently with its community.
#Gameness #GNESS #BNBChain #BSC #Airdrop $BNB