Bitcoin Futures on CME: Opening futures up by $1,490, indicating institutional accumulation.
Major trader (whale): Opening a long position with 20x leverage amounting to $53.6 million, leading to the liquidation of short positions worth $1 billion, supporting the rise.
Trade between the USA and China: Improved investor sentiment and decreased risk appetite following trade negotiations in London.
The price of the People altcoin rises to 0.06351: reasons and prospects
The price of the People altcoin is rapidly increasing, attracting the attention of investors and analysts. Over the past month, the value of the cryptocurrency has nearly doubled, demonstrating high market volatility. Experts attribute this growth to several factors:
- Increased interest from institutional investors. - Positive news about new project partnerships. - Improvement of blockchain infrastructure.
However, investors warn about the risks of high volatility and potential corrections. Despite this, many consider People a promising asset for long-term investments.
LTC: Out of 17 technical indicators, 12 recommend buying, and 1 recommends selling. Short-term sentiment is bullish, based on technical analysis. The first significant resistance to the upward trend for LTC is at the level of $103.20; it needs to close above this level to continue moving up, while the lower support is at $97.73. This means that if the price drops below $97.73, we may see the rate go even lower. On the other hand, if it can close above the level of $103.20, it may rise to the next resistance level at $109.31.
Continued Growth: Alphu demonstrates confident growth in its market capitalization. - Innovations: The company is actively implementing new technologies, which attracts additional attention from investors. - Expert Recommendations: Most analysts recommend considering Alphu as a long-term investment opportunity! ↗️Long: ENTRY: 0.0286 - 0.0302 , TP: 0.0488 - 0.0546
Why Binance is a modern institution 1. Innovation and Technology: - Binance actively implements advanced technologies such as blockchain and artificial intelligence to enhance user experience and increase security. - The platform supports a variety of cryptocurrencies and tokens, including Bitcoin, Ethereum, Binance Coin (BNB), and many others.
ETC - Price: At the time of analysis, the price of ETC is around $19.77. - Trading range: The maximum price in the last 24 hours is $19.97, the minimum is $19.58. - Change: In the last 24 hours, the price has increased by 0.12%. Short-term prospects: - Forecast for tomorrow (May 12): The price is expected to be around $19.84, with a trading range from $19.69 to $19.99. - Forecast for the week: Over the next week, the price may fluctuate in the range from $19.68 to $20.07. Medium-term prospects: - Forecast for the month: By the end of May 2025, the price of ETC could reach $20.12, with a possible increase to $20.22 and a decrease to $19.58. Long-term prospects: - Forecast for the year: By the end of 2025, the price of ETC could fluctuate in the range from $6.34 to $25.64, indicating a high degree of uncertainty.
1. Short-Term Forecasts: - Experts expect that in the coming months, the LTC price will rise by approximately 11%, starting from mid-May 2025. 2. Medium-Term Prospects: One source predicts the range of LTC prices throughout 2025 to be between $22.92 and $126.75, suggesting a maximum value of around $126.75 by December 2025.[1] Another analyst claims that the price of LTC may fluctuate between $90 and $190 by 2025, based on market conditions and technical improvements in the Litecoin network. 3. Long-Term Vision: Some analysts offer a less optimistic view, expecting that the maximum price of LTC in June 2025 will be around $325.91, although such estimates can greatly depend on short-term fluctuations and market conditions.
The century has been conquered, Bitcoin has surpassed $100,000 — BTC has once again broken an important level amid positive news and is now striving for a historical maximum of $109,114. Crypto bloggers and traders predict the continuation of the bull run — from $140,000 to $250,000 this summer.
Trump's Tax Reforms: Goals, Consequences, and Prospects
Overview of Trump's Tax Reforms
Donald Trump's tax policy was one of the key elements of his election campaign. After taking office as president in January 2017, Trump began actively promoting the idea of tax cuts to stimulate economic growth and enhance the competitiveness of American companies. The main provisions of the tax reform were outlined in the Tax Cuts and Jobs Act of 2017, passed by the U.S. Congress in December 2017.
Goals of the Reforms
The main goals of the Trump administration's tax policy included the following aspects:
- Reducing the tax burden: lowering corporate and individual tax rates to increase disposable income for individuals and businesses.
- Stimulating investments: creating favorable conditions for attracting capital and developing infrastructure by providing tax incentives for investors.