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$BTC The bitcoin price has plummeted from its January peak of almost $110,000 per bitcoin, dropping along with the stock market, as crypto hurtles toward a $19 trillion “tipping point.”
Now, as billionaire Ray Dalio warns the U.S. is teetering on the verge of a financial crisis and recession that could be worse than 2008, the White House has confirmed Trump is exploring whether he can fire Federal Reserve chair Jerome Powell—something that could trigger an “apocalyptic scenario" for markets. The president and his team will continue to study that matter,” Kevin Hassett, Trump’s economic adviser, told reporters at the White House when asked if firing the Fed chair was an option and if Trump has the authority to remove Powell.
#TrumpTaxCuts House Republicans are sprinting to wrap up President Donald Trump’s tax bill by Memorial Day. It’ll be an uphill effort. Treasury Secretary Scott Bessent will reconvene his “Big Six” meetings on the GOP tax bill this week with House Speaker Mike Johnson (R-La.), Senate Majority Leader John Thune (R-S.D.) and Congress’s tax chiefs. Meanwhile, GOP leaders are expected to huddle on Wednesday with a hardcore contingent of Republicans who have threatened to throw a wrench into the legislation without an expansion of the state and local tax deduction. The flurry comes as GOP lawmakers start planning to put pen to paper on trillions of dollars in tax provisions that are the cornerstone of Trump’s “big beautiful bill.” It is also set to include more than $100 billion for immigration enforcement, new defense spending and an array of energy provisions for oil and gas production.
Trump has called on Congress to make his expiring tax cuts from 2017, largely affecting individuals, permanent and to implement a raft of new breaks for domestic manufacturers, tipped wages and auto loans, to name a few. In principle, Senate and House Republicans are all on board with enacting the costly agenda.
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#XRPETFs According to an official Form N-1A filing, the new XRP xrp7.7%XRP ETFs include ProShares’ Short XRP ETF, Ultra XRP ETF, and UltraShort XRP ETF. Each product comes with a different leverage, which lets traders choose between the three XRP-backed futures set to begin trading on April 30. The Ultra XRP ETF offers 2x leverage, while the Ultra Short XRP ETF boasts an inverse leverage of -2x. Lastly, the firm’s Short XRP ETF will also provide an inverse leverage of -1x. Future-based ETF products gives traders exposure to futures contracts that track the price movements of XRP through an index. Unlike a spot ETF which requires traders to buy XRP tokens, a futures XRP ETF would allow them to place bets on the price of XRP without having to directly hold the asset. Meanwhile, ProShares also has a separate filing to spot XRP ETFs that is still awaiting review from the SEC.
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#EOS Vaulta is a Web3 banking network empowering people and institutions worldwide with the next frontier of financial products and services. With vault-like security, instant transactions, and real-world integration, Vaulta is a turning point for digital banking. Whether you’re moving assets globally, earning rewards on them, or building cutting-edge financial solutions, Vaulta provides the tools for a secure, fast, and accessible financial ecosystem.
The Binance Square Ramadan Giveaway is LIVE! Celebrate the spirit of Ramadan and claim your share of 5,000 USDC! From March 14-28, complete tasks, and engage with Binance’s 2025 Ramadan Calendar for a chance to win.
How to make money & master your emotions during a market downturn
#MastertheMarket Market downturns create fear, panic, and uncertainty. Yet history's greatest investors have built their fortunes not by fleeing these conditions, but by embracing them. "What we learn from history is that people don’t learn from history," Warren Buffett famously observed. When markets plunge, most investors forget the fundamental truth that these cycles are inevitable and temporary. Buffett and his longtime partner, Charlie Munger, repeatedly emphasized that they made most of th
$ETH Ethereum was conceived in 2013 by programmer Vitalik Buterin.[4] Other founders include Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.[5] In 2014, development work began and was crowdfunded, and the network went live on 30 July 2015.[6] Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact.[7] Decentralized finance (DeFi) applications provide financial instruments that do not directly rely on financial intermediaries like brokerages, exchanges, or banks. This facilitates borrowing against cryptocurrency holdings or lending them out for interest.[8][9] Ethereum also allows users to create and exchange non-fungible tokens (NFTs), which are tokens that can be tied to unique digital assets, such as images. Additionally, many other cryptocurrencies utilize the ERC-20 token standard on top of the Ethereum blockchain and have utilized the platform for initial coin offerings.
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