PRESIDENT TRUMP SAYS, 'WE ARE COLLECTING $2 BILLION A DAY FROM TARIFFS.
Yeah, Trump has often highlighted tariffs as a big win during his speeches. Saying "we are collecting $2 billion a day from tariffs" sounds like he's emphasizing how tariffs are bringing in revenue to the U.S. government.
But a couple of things to keep in mind:
Tariffs are taxes on imports, meaning U.S. importers (often American companies) are the ones paying them ā not directly foreign governments or companies.
That cost often gets passed down to U.S. consumers through higher prices.
$2 billion a day would translate to around $730 billion a year, which seems extremely high compared to historical tariff revenue numbers ā even at the peak of the U.S.-China trade war, annual tariff revenue was more like $70-$80 billion.
So itās likely that number is either an exaggeration, a temporary spike, or mixing different figures together (like including retaliatory tariffs or anticipated future gains).
Binance has announced that it will discontinue its Peer-to-Peer (P2P) Cash Zone service on March 31, 2025. This feature allowed users to buy and sell cryptocurrencies for cash through registered merchants.
Key Dates to Remember:
March 25, 2025, 23:59 UTC: Deadline to place new orders in the P2P Cash Zone.
March 31, 2025, 23:59 UTC: Complete shutdown of the P2P Cash Zone; no further transactions will be supported.
Impact on Users:
The closure of the P2P Cash Zone will affect users who prefer cash transactions, especially in regions where digital payment methods are limited or unavailable. This change may reduce trading flexibility and could lead to higher transaction costs due to reliance on alternative payment methods.
Alternative Options:
Binance encourages users to explore other payment methods available on its P2P platform, such as bank transfers and e-wallet services, to continue trading without disruption. These alternatives may require additional steps for users accustomed to cash transactions.
Community Reactions:
The announcement has elicited mixed reactions. Some users express concern over reduced flexibility and potential increased costs, while others are skeptical due to a lack of direct communication from Binance.
Next Steps for Users:
Explore Alternative Payment Methods: Familiarize yourself with other options like bank transfers and e-wallets available on Binance's P2P platform.
Stay Informed: Monitor Binance's official channels for updates and detailed instructions regarding the transition.
Plan Ahead: If you rely heavily on cash transactions, consider how this change will affect your trading strategy and make necessary adjustments before the March 31 deadline.
By proactively adapting to these changes, users can continue to trade effectively on Binance's P2P platform despite the discontinuation of the Cash Zone service.
š» Top Crypto Losers in the Last 24 Hours ā Market Recap
The cryptocurrency market experienced notable volatility in the past 24 hours, with several tokens posting significant losses. Hereās a closer look at the top five decliners on Binance during this period:
š„ 1. PHB (Phoenix Global)
Last Price: $0.685
24h Change: -15.12% PHB led the losers list with a steep decline of over 15%. This sharp drop might be due to profit-taking after recent gains or broader bearish sentiment in the market.
š„ 2. OM (MANTRA)
Last Price: $0.3108
24h Change: -11.48% OM saw a notable decrease of nearly 11.5%. Despite its recent popularity in DeFi, OM faced selling pressure likely driven by market corrections.
š„ 3. CKB (Nervos Network)
Last Price: $0.005556
24h Change: -10.99% CKB dropped almost 11% in the last day. As a blockchain platform focusing on scalability and interoperability, Nervos might have been affected by low trading volume or general market uncertainty.
š„ 4. XTZ (Tezos)
Last Price: $0.9747
24h Change: -9.91% XTZ experienced a drop close to 10%. Once a strong contender in the smart contract ecosystem, Tezos has recently struggled to keep up momentum amid broader crypto weakness.
š„ 5. MAV (Maverick Protocol)
Last Price: $0.05013
24h Change: -9.84% MAV closed the top losers list with a decline of nearly 10%. The drop could reflect market corrections after previous gains or shifting investor sentiment.
š Summary: While the broader crypto market has faced mixed trends, these assets were hit hardest over the past day. Such declines highlight the high volatility and rapid changes typical in the crypto space. Traders and investors should keep a close watch for potential rebounds or further downside risk in the coming days.
š„ Top Crypto Gainers in the Last 24 Hours on Binance
In the past 24 hours, several cryptocurrencies have surged impressively on Binance, capturing the attention of traders and investors alike. Below is a quick look at the top four gainers and their standout performances:
š 1. SPK (Sparkpoint)
Last Price: $0.062982
24h Change: +47.97% SPK took the lead with an impressive jump of nearly +48%. This sharp rise could be driven by renewed community activity or updates from the Sparkpoint ecosystem, which often focuses on digital payments and blockchain-based financial services.
š 2. DIA (DIA Data)
Last Price: $1.1619
24h Change: +23.23% DIA, known for providing trusted data feeds to DeFi projects, saw a solid increase of over +23%. Positive sentiment may be fueled by growing demand for decentralized data or new partnership announcements.
š 3. UMA (Universal Market Access)
Last Price: $1.654
24h Change: +20.64% UMA posted a +20% gain, reflecting strong market interest. UMA focuses on enabling users to create synthetic assets on Ethereum, and its price jump might be linked to protocol upgrades or broader DeFi market momentum.
š 4. STRAX (Stratis)
Last Price: $0.06452
24h Change: +20.08% STRAX followed closely, recording a +20% rise. Stratis is a blockchain-as-a-service platform, and price moves like this often come on the back of new partnerships, technical updates, or ecosystem developments.
š Summary: These notable gainers highlight the ever-changing nature of the crypto market, where strong community backing, technical advancements, and broader market trends can lead to rapid price movements. As always, traders should stay updated on the latest news and practice sound risk management
š Big congratulations to myself and everyone who joined this trade! š
Youāve secured an impressive +386.13% ROI with a short position on CUSDT (cross leverage 20x). Turning just $2.58 margin into an unrealized PNL of nearly $10 shows great timing and strategy ā well done! š
Tip going forward:
Always watch the volatility and liquidity closely.
Keep an eye on margin ratio and set TP/SL to secure profits and manage risk.
In highly leveraged trades like this, small market moves can lead to large gains ā or losses ā so discipline is key.
Again, congratulations on the successful trade! šš°
Gold and Bitcoin Head Back to Highs as Middle East Tensions Escalate
June 15, 2025 ā Global markets are showing renewed signs of risk aversion as geopolitical tensions in the Middle East intensify. In response, investors are once again turning to traditional and digital safe havens, with both gold and Bitcoin surging toward their recent highs.
Gold, long considered a reliable hedge in times of crisis, climbed to $2,420 per ounce, approaching its all-time high set earlier this year. The rally comes amid escalating military activity in the region, with recent airstrikes and political brinkmanship sparking fears of broader conflict.
Meanwhile, Bitcoin (BTC) has reclaimed the $73,000 level, buoyed by both macro uncertainty and ongoing institutional accumulation. The digital asset is increasingly viewed as ādigital gold,ā especially by a new generation of investors seeking alternatives to traditional hedges.
āEvery time we see heightened geopolitical instability, demand for hard assets spikes ā and now that includes Bitcoin,ā said Ava Moore, senior strategist at Horizon Macro. āIt's behaving like a geopolitical risk asset, not just a tech bet.ā
The simultaneous rise of both gold and Bitcoin marks a notable shift in investor sentiment, reflecting a growing consensus that diversified protection is essential in a multipolar world fraught with conflict and economic uncertainty.
In addition to regional tensions, market analysts also cite persistent inflation in Western economies and central banksā reluctance to cut rates as supporting factors behind the surge in hard assets.
Traders and analysts will be closely watching developments in the Middle East, as well as policy signals from the Federal Reserve next week, which could further influence flight-to-safety flows.
Top Crypto Gainers on Binance: 24-Hour Performance
As of 06:23 AM
1. ZEN (Horizen)
Last Price: $10.62
24-Hour Change: +25.98%
ZEN leads the gainers list with an impressive 25.98% surge in the past day. Horizen is known for its privacy-focused features and interoperable blockchain architecture. This spike may be due to a new development update, partnership, or increased community activity.
2. TUT
Last Price: $0.02824
24-Hour Change: +20.94%
TUT has seen a strong upward momentum, gaining nearly 21%. Although relatively under the radar compared to larger market caps, this kind of movement typically signals new market interest or a recent listing, campaign, or update.
3. LQTY (Liquity)
Last Price: $0.824
24-Hour Change: +14.29%
Liquity's native token has appreciated by over 14%, potentially driven by increased demand for decentralized borrowing services or renewed investor interest in the DeFi sector.
4. GPS
Last Price: $0.0233
24-Hour Change: +12.56%
GPS, a lesser-known token, saw a 12.56% bump in price. Movements like this in small-cap assets often indicate speculative interest, volume spikes, or announcements that aren't yet widespread in mainstream crypto media.
5. TST
Last Price: $0.04269
24-Hour Change: +10.37%
TST entered double-digit gains, registering a 10.37% increase. While detailed information on this token might be limited, such gains can attract short-term traders looking for momentum plays.
Summary
These strong performances underscore the ever-shifting nature of the cryptocurrency market, where lower-market-cap coins and tokens can produce eye-catching gains within short timeframes. Traders and investors should conduct further due diligence to understand the fundamentals, risks, and potential catalysts driving each asset's movement.
WCT leads the list of losers, plunging by more than half its value in a single day. This massive drop could be the result of sudden sell-offs, delistings, or negative market sentiment surrounding the project. Such steep declines often attract attention from traders looking for potential rebound opportunities, but caution is advised.
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š» 2. TRB (Tellor)
Last Price: $41.20
24h Change: -21.07%
Tellor, a decentralized oracle protocol, suffered a steep drop of over 21%, wiping out a considerable portion of its recent gains. This kind of decline is often linked to profit-taking after strong rallies or market corrections across the DeFi sector.
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š» 3. LPT (Livepeer)
Last Price: $9.091
24h Change: -18.39%
Livepeer, which provides decentralized video streaming infrastructure, has fallen by 18.39%. The token may be reacting to broader market trends or protocol-specific developments that have shaken investor confidence.
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š» 4. PSG (Paris Saint-Germain Fan Token)
Last Price: $1.938
24h Change: -17.60%
Fan tokens like PSG are known for their volatility, often influenced by sports-related events or fan sentiment. A 17.60% drop indicates waning enthusiasm or a possible correction after speculative buying.
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š» 5. ICX (ICON)
Last Price: $0.1170
24h Change: -8.45%
ICON, a blockchain protocol aimed at interoperability, has dropped 8.45%, reflecting a less dramatic but still notable loss. This decline might be tied to macro market trends or stagnation in development traction.
Top Crypto Gainers on Binance ā 24-Hour Performance Snapshot
š„ 1. BIFI (Beefy Finance)
Last Price: $206.30
24-Hour Change: +30.82%
Overview: BIFI leads the market with an impressive surge of over 30%, suggesting renewed investor interest or potential protocol updates. Beefy Finance is a decentralized yield optimizer platform, and such price movements often align with ecosystem upgrades or increased TVL (total value locked).
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š„ 2. SLF (Solv Protocol or Similar)
Last Price: $0.1739
24-Hour Change: +10.13%
Overview: SLF saw a solid double-digit gain, climbing over 10%. Though not among the most widely known tokens, such movements may reflect listing news, liquidity events, or strategic partnerships.
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š„ 3. SPELL (Spell Token)
Last Price: $0.0005860
24-Hour Change: +8.04%
Overview: SPELL continues its recovery trend with an 8% gain. As the governance token for the Abracadabra Money protocol, positive momentum could indicate a resurgence in DeFi interest or new utility integrations.
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š 4. ALCX (Alchemix)
Last Price: $10.40
24-Hour Change: +7.66%
Overview: Alchemix is a DeFi protocol offering self-repaying loans. ALCX's recent bump may be driven by protocol improvements or speculative trading amid rising DeFi market enthusiasm.
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ā 5. PHA (Phala Network)
Last Price: $0.1389
24-Hour Change: +6.93%
Overview: Phala Network, a project focusing on privacy-preserving cloud computing, recorded nearly 7% growth. Increased focus on Web3 privacy solutions might be fueling interest.
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ā 6. RPL (Rocket Pool)
Last Price: $5.10
24-Hour Change: +6.03%
Overview: RPL rounds out the top six, gaining just over 6%. As a decentralized Ethereum staking platform, Rocket Pool often sees volume spikes during Ethereum-related news or validator updates.
š Potential Bullish Breakout for $TRUMP /USDT! š
As of now, TRUMP is trading at $13.63, showing an impressive 8.79% increase. The recent price movement suggests a consolidation phase, with support around $12.16.
Key indicators to watch: -ā¦ļøMoving Averages: Price is hovering above the 50-day MA, indicating a potential upward trend. ā¦ļøVolume: Recent trading volume is robust, signaling investor interest.
If the price can break above the resistance level at $13.88, we may see a significant rally. Keep an eye on market sentiment!
TRX is showing strong momentum, currently trading at $0.2738 with a recent high of $0.2743. The upward trend suggests a potential bullish breakout on the horizon!
Key Highlights: ā¦ļø4.62% increase in value over the last 24 hours. ā¦ļøStrong support at the 0.2700 level, indicating healthy buying pressure. ā¦ļøPositive indicators from moving averages and MACD signaling upward momentum.
With a solid trading volume of $565.37M, now might be a good time to keep an eye on TRX as it approaches key resistance levels.
PEPE is showing strong momentum on the 5-minute chart, currently trading at 0.00001433 (+9.39%). Price has broken above the 7 and 25 MA and is testing the 99 MA resistance zone around 0.00001431ā0.00001435. A clean breakout above this level could open the door for a short-term rally.
Volume is picking up, and the 7-day and 30-day gains (79% & 97%) show strong trend strength. Keep an eye on the 0.00001510 level (24h high) as the next resistance.
PEPE is showing strong momentum on the 5-minute chart, currently trading at 0.00001433 (+9.39%). Price has broken above the 7 and 25 MA and is testing the 99 MA resistance zone around 0.00001431ā0.00001435. A clean breakout above this level could open the door for a short-term rally.
Volume is picking up, and the 7-day and 30-day gains (79% & 97%) show strong trend strength. Keep an eye on the 0.00001510 level (24h high) as the next resistance.
Crypto Market Watch: Top Losers on Binance in the Past 24 Hours
1. FUNToken (FUN)
Last Price: $0.006152
24h Change: -5.03% FUNToken has led the decliners, suffering the most significant drop among the listed assets. Known for its focus on online gaming and gambling platforms, the token may be reacting to reduced trading volume or profit-taking by short-term holders.
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2. dForce (DF)
Last Price: $0.05206
24h Change: -2.36% DF, a token powering the dForce ecosystem of DeFi protocols, saw a modest drop. The decline could be attributed to a general dip in DeFi interest or volatility in the broader crypto market.
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3. Formation Fi (FORM)
Last Price: $2.7649
24h Change: -2.16% FORM offers risk-adjusted yield farming strategies, and its decline might stem from short-term corrections or portfolio rebalancing by users following recent gains.
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4. AS Roma Fan Token (ASR)
Last Price: $1.737
24h Change: -1.86% Fan tokens like ASR are often influenced by sports performance or fan engagement. A dip in fan activity or match results could impact demand, leading to this decline.
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5. PAX Gold (PAXG)
Last Price: $3,236
24h Change: -0.98% PAXG is a gold-backed stablecoin, and its slight dip might reflect a minor fluctuation in gold prices rather than crypto market forces.
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6. Band Protocol (BAND)
Last Price: $0.920
24h Change: -0.65% Band Protocol, a decentralized oracle platform, experienced a relatively small decline. The projectās fundamentals remain strong, but it was not spared from market-wide cooling.
Conclusion: While the losses are moderate overall, FUNToken stands out with a notable -5.03% dip. These movements remind investors of the volatility inherent in crypto markets. Traders may want to monitor these tokens closely for signs of a potential rebound or further decline.
ETHFI, a project likely tied to Ethereum-based financial services, saw an impressive 38% gain. This could indicate strong investor interest in DeFi platforms or Ethereum Layer-2 narratives.
1000SATS leads the pack with a near 50% price increase, signaling heightened interest likely driven by market sentiment around Bitcoin satoshis (the smallest unit of BTC). Traders may be flocking to 1000SATS as a speculative bet on BTC micro-units.