Gold: regains its luster, supported by buying and recession fears!
#GOLD Gold prices rose on Monday after falling earlier in the session, supported by opportunistic buying, while markets focused on developments in the US-China trade war and a slew of economic data.
Spot gold rose 0.9% to $3,349.60 an ounce shortly before the close, after falling to $3,268 an ounce earlier in the session. US gold futures also rose 1.5% to settle at $3,347.70 an ounce.
Spain: Nuclear reactors are safe after the power outage:
#Spain The Nuclear Safety Council in Spain said on Monday that the seven nuclear reactors in the country are in a safe condition after the power outage.
Four reactors shut down automatically after the outage, and then the emergency generators were activated.
The council added that the emergency generators also started working in three reactors that had stopped for a period to maintain their safety.
Norwegian Wealth Fund: Warns of the biggest risk threatening the markets
<t-17/>#NorgesBankInvestMent The CEO of Norway's sovereign wealth fund, Nikolai Tangen, said that the disintegration of the global economy represents the greatest risk threatening markets today, amid growing signs of slowing growth and accelerating inflationary pressures.
The Norwegian fund, the world's largest with total assets of $1.8 trillion, invests Norwegian oil and gas revenues in stocks, bonds, real estate, and renewable energy, and owns an average of 1.5 percent of listed stocks worldwide across approximately 9,000 companies.
Wall Street: On a Hot Plate... Results of Tech Giants and Inflation Data!
#WallStreetNews After a volatile session, the S&P 500 index ended its trading on Monday nearly stable, with continued pressure from giant tech stocks and investors awaiting a wave of financial results and critical economic data.
Nvidia and Amazon stocks fell, becoming the biggest burden on the broader index and the Nasdaq index, at a time when news about Huawei's preparation to test a new artificial intelligence processor weighed heavily on market sentiment, amid fears of intensified competition in the chip market.
#TrumpTaxCuts Donald Trump's tax cuts, also known as the Tax Cuts and Jobs Act (TCJA), were enacted in 2017 and have been a significant part of his economic policy. Here's a breakdown of the key aspects:
# Key Provisions - *Individual Income Tax Cuts*: The TCJA reduced tax rates for individuals, nearly doubling the standard deduction and increasing family tax credits. However, it also limited deductions for state and local income taxes and property taxes. - *Corporate Tax Cuts*: The corporate tax rate was reduced, aiming to boost capital investment and economic growth. - *Expiration and Extension*: Many individual tax cuts are set to expire in 2025, while business tax cuts expire in 2028. Extending these cuts would decrease federal tax revenue by $4.5 trillion from 2025 to 2034.
# Economic Impact - *GDP Growth*: Extending the TCJA would increase long-run GDP by 1.1%, offsetting about 16% of the revenue losses. - *Job Creation*: The tax cuts are estimated to create around 847,000 full-time equivalent jobs. - *Inflationary Pressures*: Economists worry that extending the expiring provisions would boost inflationary pressures and worsen America's fiscal trajectory.
# Trump's Latest Proposals - *Permanence for TCJA*: Trump has called for permanent extension of the 2017 tax law. - *New Tax Exemptions*: He proposes exempting tips, overtime pay, and Social Security benefits for retirees from taxes. - *Tariffs*: Trump also plans to impose higher taxes on US imports through new tariffs, which could offset the economic benefits of the tax cuts.¹ ²
# Popular Airdrop Platforms - *AirdropAlert*: A platform that tracks and lists upcoming and ongoing airdrops. - *AirdropKing*: A website that provides a list of airdrops, including details on eligibility and participation. - *CoinMarketCap Airdrops*: A section on CoinMarketCap dedicated to listing airdrops, including information on tokens, requirements, and deadlines.
# Steps to Find Airdrops 1. *Research*: Look for airdrop platforms, websites, and social media channels that provide information on upcoming airdrops. 2. *Filter*: Use filters to narrow down airdrops by category, eligibility, and deadline. 3. *Verify*: Verify the legitimacy of the airdrop and the project behind it. 4. *Participate*: Follow the instructions to participate in the airdrop, which may include tasks like joining a Telegram group or sharing content on social media.
# Tips - *Stay updated*: Follow airdrop platforms and social media channels to stay informed about new airdrops. - *Be cautious*: Be aware of scams and only participate in airdrops from legitimate projects. - *Read terms*: Understand the terms and conditions of each airdrop before participating.
By following these steps and tips, you can increase your chances of finding and participating in legitimate airdrops.
#XRPETF The encryption is about to change forever! 🔥 Only 00D: 17H: 58M left on the clock - and XRPETF could turn the crypto game on its head. Here’s why it’s your moment: 1️⃣ Global Power Network: Ripple has over 200 alliances with banks, fintech leaders, and governments - from the Japanese Sub-Executive Agency to the financial giants in the UAE. XRP is truly building a global bridge. 🌍 2️⃣ Lightning Fast Settlements: While banks take days to process payments, XRP settles cross-border transactions in just three seconds. Welcome to the future of money. ⚡ $XRP
#XRPETF Here are some key developments related to XRP ETFs:
# Available XRP ETFs - *Teucrium 2x Long XRP ETF*: This ETF is listed on the ARCX exchange under the symbol XXRP, with a current price of $32.53 and a 1.09% decrease. - *Grayscale XRP Trust*: This trust allows investors to gain exposure to XRP in the form of a security, tracking the CoinDesk Ripple Price Index. The total expense ratio is 2.50%, with $12.08 million in assets under management. - *21Shares XRP ETP*: This physically backed ETP tracks the value of Ripple (XRP) and is listed on various exchanges. The total expense ratio is 2.50% per annum, with EUR 523 million in assets under management.¹ ² ³
# Upcoming XRP ETFs - *ProShares XRP ETFs*: ProShares has received SEC approval to launch three XRP-focused ETFs on April 30, 2025: - *ProShares UltraShort XRP ETF*: for investors betting against XRP's price - *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements - *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price - *HashKey XRP Tracker Fund*: HashKey Capital has launched a tracker fund for XRP, providing another investment option for those interested in the cryptocurrency.
#XRPETF XRP ETFs are exchange-traded funds that track the price of XRP, the native cryptocurrency of the Ripple network. Here are some key developments related to XRP ETFs:
# Upcoming XRP ETFs - *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without directly holding the token. These ETFs include: - *ProShares UltraShort XRP ETF*: for investors betting against XRP's price - *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements - *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price
# Existing XRP ETPs - * XRP ETP*: This physically backed ETP tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange. The total expense ratio is 2.50% per annum. - *Available listings*: XRP ETP is listed on multiple exchanges under different symbols, such as AXRPCHF.SW on , (link unavailable) on , on , and (link unavailable) on XBER.
# Market Performance - *Current XRP price*: $2.27, with a 3.70% increase in the last 24 hours - *XRP market cap*: $130.19 billion
# Regulatory Outlook - *SEC appeal withdrawal*: The approval and success of XRP ETFs depend on various factors, including the US Securities and Exchange Commission's (SEC) decision to withdraw its appeal in the Ripple case. *Ripple case settlement: A favorable settlement in the Ripple case could positively impact XRP-spot ETF approvals. $XRP
#SaylorBTCPurchase Michael Saylor's MicroStrategy has been actively acquiring Bitcoin as part of its treasury reserve asset strategy. Here are some recent purchases¹: - *April 21, 2025*: MicroStrategy bought 6,556 Bitcoins at an average price of $84,785, totaling $555.8 million. The current value of this purchase is $615.9 million, with a profit of $60.1 million (10.81% gain). - *April 14, 2025*: They acquired 3,459 Bitcoins at $82,618, amounting to $285.8 million. The current value is $324.9 million, with a profit of $39.1 million (13.69% gain). - *March 31, 2025*: MicroStrategy purchased 22,048 Bitcoins at $86,969, totaling $1.92 billion. The current value is $2.07 billion, with a profit of $151.2 million (7.87% gain).
As of the latest update, MicroStrategy holds approximately 538,200 Bitcoins, with a total cost of $50.61 billion and a current value of $50.61 billion. The average purchase price is $93,939.50, and the current price is around $94,082.01.
#XRPETF XRP ETFs are exchange-traded funds that track the price of XRP, the native cryptocurrency of the Ripple network. Here are some key developments related to XRP ETFs¹ ² ³: - *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without directly holding the token. These ETFs include: - *ProShares UltraShort XRP ETF*: designed for investors betting against XRP's price - *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements - *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price - *XRP Spot ETF*: The first-ever XRP spot ETF debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP's price movements. - *21Shares XRP ETP*: 21Shares offers a physically backed XRP ETP (Exchange-Traded Product) with a total expense ratio of 2.50% per annum. This product tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange.
The approval and success of XRP ETFs depend on various factors, including: - *SEC Appeal Withdrawal*: The US Securities and Exchange Commission's (SEC) decision to withdraw its appeal in the Ripple case could positively impact XRP-spot ETF approvals. - *Ripple Case Settlement*: A favorable settlement in the Ripple case could boost investor confidence and drive XRP's price higher. - *Regulatory Clarity*: Clear regulations and guidelines from authorities like the SEC will be crucial for the growth and adoption of XRP ETFs. $XRP
#XRPETF XRP ETFs are exchange-traded funds that track the price of XRP, the native cryptocurrency of the Ripple network. Here are some key developments related to XRP ETFs¹ ² ³: - *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without directly holding the token. These ETFs include: - *ProShares UltraShort XRP ETF*: designed for investors betting against XRP's price - *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements - *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price - *XRP Spot ETF*: The first-ever XRP spot ETF debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP's price movements. - *Shares XRP ETP*: Shares offers a physically backed XRP ETP (Exchange-Traded Product) with a total expense ratio of 2.50% per annum. This product tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange.
The approval and success of XRP ETFs depend on various factors, including: - *SEC Appeal Withdrawal*: The US Securities and Exchange Commission's (SEC) decision to withdraw its appeal in the Ripple case could positively impact XRP-spot ETF approvals. - *Ripple Case Settlement*: A favorable settlement in the Ripple case could boost investor confidence and drive XRP's price higher. - Regulatory Clari*: Clear regulations and guidelines from authorities like the SEC will be crucial for the growth and adoption of XRP ETFs.
#XRPETF XRP ETFs are exchange-traded funds that track the price of XRP, the native cryptocurrency of the Ripple network. Here are some key developments related to XRP ETFs¹ ² ³: - *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without directly holding the token. These ETFs include: - *ProShares UltraShort XRP ETF*: designed for investors betting against XRP's price - *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements - *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price - *XRP Spot ETF*: The first-ever XRP spot ETF debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP's price movements. - *21Shares XRP ETP*: 21Shares offers a physically backed XRP ETP (Exchange-Traded Product) with a total expense ratio of 2.50% per annum. This product tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange.
The approval and success of XRP ETFs depend on various factors, including: - *SEC Appeal Withdrawal*: The US Securities and Exchange Commission's (SEC) decision to withdraw its appeal in the Ripple case could positively impact XRP-spot ETF approvals. - *Ripple Case Settlement*: A favorable settlement in the Ripple case could boost investor confidence and drive XRP's price higher. - *Regulatory Clarity*: Clear regulations and guidelines from authorities like the SEC will be crucial for the growth and adoption of XRP ETFs.
#BinanceAlphaPoints Binance Alpha is a platform that provides insights and data-driven analysis on cryptocurrency markets. Alpha Points might refer to a scoring system or metric used to evaluate the performance or potential of various cryptocurrencies or trading strategies on Binance.
# Possible Uses of Alpha Points - *Evaluating cryptocurrency performance*: Alpha Points could help users compare the performance of different cryptocurrencies and identify potential investment opportunities. - *Identifying trading opportunities*: By analyzing Alpha Points, users might be able to identify trends and patterns in the market, informing their trading decisions. - *Risk assessment*: Alpha Points could provide insights into the risk associated with different cryptocurrencies or trading strategies, helping users make more informed decisions.
$ETH ETH refers to Ethereum, a decentralized open-source blockchain system with its own cryptocurrency, Ether. Here's a brief overview¹: - *Current Price*: $1,800.35, with a 1.07% increase in the last 24 hours - *Market Capitalization*: $217.46 billion, ranking #2 among cryptocurrencies - *Trading Volume*: $15.88 billion in the last 24 hours
# Key Features - *Smart Contracts*: Ethereum enables developers to build decentralized applications (dApps) using smart contracts - *Decentralized Finance (DeFi)*: Ethereum-based DeFi applications provide financial instruments without traditional intermediaries - *Non-Fungible Tokens (NFTs)*: Ethereum allows creation and exchange of unique digital assets
# History and Development - *Founded*: Ethereum was conceived in 2013 by Vitalik Buterin and launched on July 30, 2015 - *The Merge*: Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022, reducing energy consumption by 99%
If you're looking for ETH Zurich, it's a different story. ETH Zurich is a public university in Zurich, Switzerland, focusing on science, technology, engineering, and mathematics.²
#TariffsPause The US government has announced a 90-day pause on certain new tariffs, specifically those beyond the base 10% tariff applicable to most countries, except for China. This pause, effective from April 10, 2025, to July 9, 2025, aims to facilitate negotiations with trading partners without imposing retaliatory tariffs.
*Key Details:*
- *Tariff Rates:* During the 90-day period, trading partners listed in Annex I will be subject to an additional 10% ad valorem rate of duty. - *Exceptions:* China is excluded from this pause and will face increased tariffs, with the US imposing a 125% tariff on certain Chinese goods in response to China's retaliatory measures. - *Negotiations:* The pause is intended to encourage trading partners to address non-reciprocal trade arrangements and align with the US on economic and national security matters. - *Impact:* The tariffs can generate revenue for the US government but may also lead to decreased demand for imported products, increased prices, and potential retaliatory measures from other countries.¹ ²
Swiss National Bank President: Rejects Bitcoin as a Reserve Asset!
#Presidentoftheswiss The president of the Swiss National Bank said on Friday that cryptocurrencies have failed to meet the bank's currency reserve standards, thus rejecting calls from cryptocurrency advocates for the bank to hold Bitcoin as a hedge against rising global economic risks.
Cryptocurrency activists are intensifying pressure on the Swiss central bank to buy Bitcoin, arguing that the economic disruptions caused by U.S. President Donald Trump's tariffs have increased the importance of diversifying the central bank's reserves.
Bank of England: Trump's tariffs are expected to slow inflation in Britain!
#EnglandBank Meghan Green, the policy official at the Bank of England, stated that U.S. President Donald Trump's tariffs are likely to lead to a decrease in inflation in Britain rather than an increase. However, there are still significant doubts about the plan and the impact of the recent tax increase in the United Kingdom on employers.
Green added in a discussion with the Atlantic Council think tank on the sidelines of the International Monetary Fund's spring meeting: "We have tariffs, and none of us knows what they will look like when things settle down."
#TariffPause The US government has announced a 90-day pause on certain new tariffs, specifically those beyond the base 10% tariff applicable to most countries, except for China. This pause, effective from April 10, 2025, to July 9, 2025, aims to facilitate negotiations with trading partners without imposing retaliatory tariffs.
*Key Details:*
- *Tariff Rates:* During the 90-day period, trading partners listed in Annex I will be subject to an additional 10% ad valorem rate of duty. - *Exceptions:* China is excluded from this pause and will face increased tariffs, with the US imposing a 125% tariff on certain Chinese goods in response to China's retaliatory measures. - *Negotiations:* The pause is intended to encourage trading partners to address non-reciprocal trade arrangements and align with the US on economic and national security matters.¹ - *Impact:* The tariffs can generate revenue for the US government but may also lead to decreased demand for imported products, increased prices, and potential retaliatory measures from other countries.²