#TrumpTaxCuts The Trump Tax Cuts, aka Tax Cuts and Jobs Act (TCJA), made significant changes to the US tax code.
Here are the key points:
- Cut corporate tax rate from 35% to 21% - Reduced individual income tax rates across the board¹ - Increased standard deduction and family tax credits - Limited state and local income tax deductions to $10,000 - Expiring provisions include individual income tax cuts, scheduled to end in 2025
Proponents argue it boosted economic growth, while critics claim it increased debt and favored the wealthy.²
- Several firms have filed with the SEC for XRP ETF approval, including Bitwise Asset Management, Canary Capital, 21Shares, and ProShares.¹ - ProShares is launching 3 leveraged and short XRP futures ETFs on April 30, 2025, after SEC approval.² ³ - Existing XRP ETFs are available in various countries: - Netherlands: AXRP.AS trading at $64.03⁴ - US (OTC): TOSRF trading at $60.85⁵ - Germany: 21XP.BE trading at €53.78⁶ - Switzerland: AXRPCHF.SW (currently unavailable)⁷
- Several firms have filed with the SEC for XRP ETF approval, including Bitwise Asset Management, Canary Capital, 21Shares, and ProShares.¹ - ProShares is launching 3 leveraged and short XRP futures ETFs on April 30, 2025, after SEC approval.² ³ - Existing XRP ETFs are available in various countries: - Netherlands: AXRP.AS trading at $64.03⁴ - US (OTC): TOSRF trading at $60.85⁵ - Germany: 21XP.BE trading at €53.78⁶ - Switzerland: AXRPCHF.SW (currently unavailable)⁷
US President Donald Trump paused tariffs on many countries for 90 days, but increased tariffs on China to 125%, citing China's "lack of respect" for global markets.¹
Here's a brief summary:
- 90-day tariff pause on many trading partners - Tariffs increased on China to 125%, up from 104% - Decision made due to China's retaliation and lack of cooperation - Markets reacted positively to the partial pause, with US stocks skyrocketing
- Current price: $1775.40 USD¹ - Market cap: $211.97 billion USD - Predicted prices for 2025: - Minimum: $1609.94, Average: $2276.96, Maximum: $3011.91 in April² - Up to $3,413.58 in October - Predicted prices for 2026 and beyond also show significant increases
- S&P 500 is up, currently at 5117.60 USD¹ - Nasdaq is also rebounding, currently at 17640.80 USD² - Reasons for rebound: oversold conditions, increased demand, and economic policies³ ⁴ - Average recession length in US is 11 months, bear markets last around 9.5 months
Polymarket Predicts 58% Chance of U.S. Economic Recession in 2025
According to BlockBeats, data from Polymarket indicates a 58% probability that the United States economy will experience a recession within the year 2025. This prediction reflects ongoing concerns about economic stability and potential challenges facing the U.S. economy.
Canary Capital filed for a Staked TRX ETF with the US SEC on April 18, 2025, allowing investors to earn staking rewards while tracking TRX price.¹ ² ³ ⁴
Key details:
- ETF will stake TRX assets through third-party providers - BitGo Trust Company will serve as custodian - Management fee and ticker symbol not yet announced - TRX currently trading at $0.24, up slightly after ETF filing
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Price: Approximately $0.0002661 to $0.0002879 USD per VEX, depending on the data source. 24-Hour Trading Volume: Ranges from $27.52 to $28.29 USD.
Price Change (24h): Minimal to no change reported across most platforms.
Market Overview
Market Cap: Not available due to the circulating supply being reported as zero on several platforms. Coinbase
Circulating Supply: Reported as zero on multiple platforms.
Total Supply: 500,000,000 VEX tokens.
All-Time High: Approximately $0.02236 USD, reached on September 29, 2021.
All-Time Low: Approximately $0.00025512 USD, recorded on May 30
Trading Activity & Availability
Exchange Listings: VEX tokens have ceased trading on all exchanges listed on CoinGecko as of 18 days ago. Liquidity: Extremely low, with 24-hour trading volumes under $30 USD, indicating limited market activity.