On March 12, 2025, a 25% tariff on steel and aluminum imports came into effect.
On April 2, 2025, a broad 10% tariff on most imported products was announced, set to start on April 9, under the argument of "reciprocity."
International reactions:
China: Promised to "fight to the end" against the U.S. tariffs and announced that it will take legitimate measures to protect its interests.
European Union (EU): The President of the European Commission, Ursula von der Leyen, stated that unjustified tariffs will receive strong and proportional responses. The EU has already announced countermeasures of €26 billion.
EU concerns: There are fears of trade diversion, meaning products that would have been exported to the U.S. may end up being sent to the European market, harming local industries. Von der Leyen urged Chinese Prime Minister Li Qiang to cooperate in containing these diversions.
Economic impacts: Global markets have shown volatility with rising trade tensions. There are fears of a large-scale trade war and even a potential global recession. Some markets show resilience, but the economic outlook remains uncertain.
#TrumpCongressSpeech In a recent speech by Donald Trump to Congress, one of the most striking moments was his declaration about the beginning of a new "Golden Age" for the United States. He emphasized the achievements of his administration and presented an optimistic vision for the country's future.
#ME ShellA MyShell (SHELL) is a native cryptocurrency of the MyShell ecosystem, designed to facilitate interactions in the field of artificial intelligence (AI). It serves as the primary currency for creators, consumers, and investors in AI within the platform.
Key features of SHELL:
Use for AI Creators: SHELL offers compensation and advertising fees for prominent AI agent developers.
Use for AI Consumers: Users can use SHELL as a payment method to access entertainment and tools available on MyShell.
Use for AI Investors: SHELL represents the value of the MyShell ecosystem. As more popular AI agents emerge, the value of SHELL is expected to expand globally.
Recent financial data:
Current Price: $0.629047 per SHELL.
Market Capitalization: $169.84 million.
24-hour Trading Volume: $157.52 million.
Circulating Supply: 270 million SHELL.
Recently, the price of SHELL increased by 45% following the announcement of an airdrop by Binance HODLer, indicating growing interest in the currency.
The total supply of SHELL is limited to 1 billion tokens, which will be gradually released to promote a deflationary economy and maintain token scarcity.
Recent data indicates a significant increase in institutional interest in Ethereum. Ethereum ETF holdings increased from 4.8% to 14.5% in Q4 2024, suggesting that institutions are increasing their allocations to ETH.
5. Ethereum Price Update
Currently, Ethereum (ETH) is trading at $2,738.52, down -0.02249% from its previous close. The intraday high was $2,839.50, and the intraday low was $2,620.43.
#LitecoinETF A Litecoin ETF (Exchange-Traded Fund) is an exchange-traded fund that seeks to replicate the performance of Litecoin (LTC), allowing investors to gain exposure to this cryptocurrency without having to own it directly. Recently, Canary Capital took a significant step by listing its Litecoin ETF on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC. This listing establishes the necessary infrastructure for the ETF to trade, although final approval by the U.S. Securities and Exchange Commission (SEC) is still pending.
#OnChainInsights OnChainInsights refers to the analysis and interpretation of data recorded on a blockchain to extract valuable information about transactions, user behavior, and network health. These insights are essential for investors, developers, and cryptocurrency enthusiasts looking to better understand the crypto ecosystem and make informed decisions.
Top On-Chain Analytics Platforms:
Glassnode: Offers on-chain market intelligence, providing contextualized analysis and advanced research on Bitcoin, Ethereum, DeFi, and other digital assets.
Nansen: Leading on-chain analytics platform trusted by leading crypto teams and investors. Provides comprehensive insights from 20+ blockchains and 300+ million labeled wallets.
CryptoQuant: Provides on-chain and market analysis tools along with actionable insights from renowned analysts, helping users analyze crypto markets and identify data-driven opportunities.
#PriceTrendAnalysis Price Trend Analysis is a technique used to assess the direction of prices of an asset, product or service over time. This analysis is essential for investors, market analysts and companies seeking to understand market behavior and predict future movements. By identifying trends, organizations can adjust their marketing, production and sales strategies, aligning with market expectations and identifying investment opportunities, in addition to mitigating financial risks.
Portfolio Diversity: Studies show that most users tend to transact with a few tokens, while those with more diversified portfolios act as bridges across different parts of the network. These diverse users can influence the stability of the system due to their ability to connect multiple communities and markets.
Transaction Patterns: Analyzing the transaction patterns of active users can provide insights into the health and growth potential of a token network. Understanding these behaviors is essential for designing products and strategies that promote greater user adoption and retention.
Bollinger Bands: Composed of a central moving average and two bands (upper and lower) that reflect market volatility. Narrower bands indicate low volatility, while wider bands suggest high volatility. Investors use them to identify overbought (price close to the upper band) or oversold (price close to the lower band) conditions.
Exponential Moving Averages (EMAs): Indicators that show the average price of an asset over a given period, giving more weight to recent prices. A price crossing above the EMA is considered a bullish signal, while a crossing below indicates a bearish signal.
Candlestick Analysis: Candlestick charts provide information about price movements over a specific period. Green candles usually indicate a price increase (bullish movement), while red candles point to a price decrease (bearish movement). Analyzing these patterns helps predict future price movements.
Understanding market sentiment is crucial to anticipate price movements and identify potential opportunities or risks. Sentiment analysis tools help investors to:
Identify emerging trends: By monitoring investor sentiment, it is possible to detect changes in trends before they become evident in asset prices.
Make informed decisions: Knowing the general market sentiment helps in assessing the appropriate time to enter or exit positions.
Manage risks: Understanding the market mood allows you to adjust investment strategies according to the prevailing level of optimism or pessimism.
#WalletActivityInsights "WalletActivityInsights" refers to tools and platforms that provide detailed analytics on cryptocurrency wallet activity. These solutions are essential for investors, businesses, and financial institutions looking to better understand their customers' financial behavior or monitor blockchain transactions.
#GasFeeImpact Gas fees are payments required to conduct transactions or execute smart contracts on the Ethereum network. These fees compensate validators for their computing power, ensuring the security and functionality of the network. The value of gas fees is influenced by several factors, including network demand and transaction complexity.
#BNBRiseContinues BNB is currently trading at $667.43, down -4.76% from its previous close. The asset reached an intraday high of $729.68 and a low of $662.09.
Despite this slight drop, the coin's movement has attracted a lot of attention in the crypto community. If you want to follow more discussions and updates, you can visit Binance's official page on the subject:
$LAYER $LAYER is the native token of LayerZero, an interoperability protocol that enables communication between different blockchains. It was recently launched and is used for transaction fees, governance, and incentives within the LayerZero ecosystem.
$XRP XRP is currently trading at $2.46, down 0.00408% from its previous close.
Analysts are optimistic about XRP’s future, especially with the potential approval of cryptocurrency ETFs beyond Bitcoin and Ethereum. Grayscale Investments, for example, has filed with the SEC to convert its XRP fund into an ETF that would trade on the New York Stock Exchange. However, approval could face hurdles due to ongoing regulatory issues.
Price projections for XRP vary among analysts. Some predict that the token could reach between $5 and $7 by mid-2025, fueled by Ripple’s advances. Others are even more bullish, suggesting that XRP could reach as high as $11 in the same timeframe. There is also technical analysis that points to a possible significant increase, with price targets reaching $50 by early 2025.
#LTC&XRPETFsNext? There is currently a growing movement toward the approval of cryptocurrency exchange-traded funds (ETFs) beyond Bitcoin and Ethereum. Recently, Canary Capital filed documents with the U.S. Securities and Exchange Commission (SEC) to launch a Litecoin (LTC) ETF. Litecoin founder Charlie Lee expressed optimism about the move, noting the significant institutional demand for the cryptocurrency.
In addition, Grayscale Investments has filed with the SEC to convert its XRP fund into an ETF that would trade on the New York Stock Exchange. However, analysts point out that the approval of an XRP ETF could face hurdles due to ongoing regulatory issues, including lawsuits from the SEC alleging that the XRP token is an unregistered security.
In terms of market performance, Litecoin (LTC) is currently trading at $$ 126.56, with a change of 8.87 (0.07537%) from its previous close. The intraday high was $$ 131.45, and the low was $$ 117.39.
XRP is trading at $$ 2.45, with an intraday high of $$ 2.52 and a low of $$ 2.41.
While there is growing optimism regarding the approval of Litecoin and XRP ETFs, especially with the recent approval of Bitcoin and Ethereum ETFs, final approvals depend on the SEC’s decisions and the evolving regulatory environment.