California has officially overtaken Japan to become the world’s fourth-largest economy by GDP.
According to the IMF and the U.S. Bureau of Economic Analysis, California’s nominal GDP reached $4.1 trillion in 2024, surpassing Japan’s $4.03 trillion.
California now trails only the U.S. ($29.2T), China ($18.7T), and Germany ($4.7T).
Within the U.S., California’s economy is 51% larger than Texas ($2.7T), the second-largest state economy.
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$TOTAL3 Kırılım Gerçekleşti (D1)👇
▫️Total3 grafiği, önemli bir destekten tepki aldığını görüyoruz.
▫️Altcoin piyasasına para girişleri artıyor, hacim toparlanıyor. (Farklı chainlere para akıyor.)
▫️Bu, altcoinlerde yükseliş sinyali veriyor. ( $ETH , $XRP , $SOL )
▫️Ancak bu hafta açıklanacak veriler piyasayı tersine çevirebilir.
✅Dikkatli olmalıyız.
Yatırım tavsiyesi değildir.
Strategy Adds 15,355 More Bitcoin to Its Reserve in a $1.4 Billion Transaction
The co-founder of Strategy, Michael Saylor, has announced the company's acquisition of 15,355 additional bitcoins for $1.42 billion on April 28. With this recent acquisition, the company's bitcoin reserve has expanded to 553,555 BTC, purchased at $37.9 billion, or an average of $68,459 per unit.
Given the current trading value of bitcoin at above $95,000, the total value of the holdings now stands at $52.7 billion, indicating an unrealized profit of about $15 billion. The company's stock price has also seen a recovery, closing at nearly $370 on Friday, marking a 27.4% monthly rise, after a tariff-induced panic sell-off dropped it to under $240.
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Forecasting the Price of Ripple (XRP) for the Current Week
XRP has been on an upward trajectory after successfully testing the $2 support level. With the support at $2 established, XRP could potentially reach the next key target at $2.6. If it surpasses this resistance, a surge towards $3 is expected as more investors might want to capitalize on the current uptrend.
However, reaching $3 will not be easy due to stiff resistance at this level, which has thwarted XRP's progress twice before. The $3 level needs to transform into a support level for the price to continue escalating. Furthermore, the buy momentum is gathering pace, indicated by a bullish cross on the 3-day MACD.
This could mark the beginning of a sustained rally in the forthcoming days and weeks.
Forecasting Cardano (ADA) Value for the Current Week
Cardano (ADA) is on an upward trend and is aiming to reach 90 cents. Despite securing a level of 64 cents as support, the buying volume remains low, reflecting hesitation. Increased buying conviction is required for the cryptocurrency to test the 90 cents resistance. ADA's price action has turned bullish after a higher low reversal, supporting the 64 cents level and hinting at a possible return to a $1 value.
However, sustained momentum is needed to maintain this uptrend. Despite ADA's recent success, the volume continues to decline, creating a bearish divergence when compared to the price. A higher valuation could attract more buyers, potentially reversing this trend and supporting a sustained uptrend.
Three Potential Factors for PENGU's Remarkable 160% Weekly Growth
Pudgy Penguins (PENGU), a Solana-based meme coin, registered a sharp increase of approximately 160% in its valuation over the last week, momentarily securing a place among the top 100 cryptocurrencies with a market cap of over $880 million.
The exact reasons behind this surge remain unclear, but it is speculated that the overall upswing in the cryptocurrency market, a generally positive sentiment among industry participants, and the recent celebration of World Penguin Day, might have contributed to the price rally. Despite other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also posting gains, none matched PENGU's exceptional performance.
The meme coin sector's market cap has now surpassed $61 billion, a significant rise from the sub-$40 billion level at the beginning of the month.