#BinanceAlphaAlert $BNB The BNB chain recorded exceptional performance in the first quarter of 2025, achieving a revenue growth of 58.1% quarter-over-quarter to reach 70.8 million dollars, according to a report by 'Messari'. This increase was driven by a massive rise in transaction fees between wallets of 122.6%, surpassing revenues in the DeFi sector.
Despite this growth, the market capitalization of BNB fell by 14.8% to 86.2 billion dollars, but it maintained its position as one of the largest volatile digital assets. On the technical front, the network witnessed the launch of the 'Pascal' update and a significant reduction in 'sandwich' attacks by 90% thanks to MEV preventive efforts.
#BinanceAlphaAlert #XRPETFs $BTC $ETH In a sudden and unexpected drop, the price of the XRP coin fell to $2.15 on April 30, causing the liquidation of long positions worth $13.9 million within hours, compared to only $1.49 million in short positions, indicating a clear bias towards buying.
Although the price later rebounded to $2.20, analysts warned of the possibility of a repeat liquidation if the price does not maintain this critical support. This decline comes despite the positive momentum surrounding Ripple, following the U.S. Securities and Exchange Commission's suspension of its appeal against the company, and the launch of the stablecoin RLUSD, amid expectations of a near approval for spot trading funds for XRP.
Ripple, a company specializing in blockchain payments, made an offer to acquire Circle, the stablecoin issuer, for an amount ranging between $4 billion and $5 billion, according to Bloomberg. However, Circle rejected the offer, considering it too low.
Ripple has not yet decided whether to make another offer to acquire the stablecoin issuer. This event occurred less than a month before Circle submitted its initial public offering (IPO) application in the United States. The details of this IPO, including the date and proposed price range, have not yet been disclosed.
Circle's decision to reject Ripple's offer comes amid its plans for a public listing. The company's IPO application indicates its intention to list on a U.S. exchange, a move that would open the company up to a broader base of investors.
On the other hand, Ripple is expanding its footprint in the blockchain payments sector. The offer made to Circle is seen as part of this growth strategy. However, with the rejection of this offer, it remains to be seen what steps Ripple will take in its future expansion plans.
Stablecoins play an important role in the cryptocurrency economy, especially in facilitating transactions and purchases. Some stablecoins are backed by cash and cash equivalents; others are backed by non-cash assets. The most commonly used stablecoins include Tether (USDT), USD Coin (USDC), Binance (BUSD), Dai (DAI), and True USD (TUSD).
In the cryptocurrency economy, where transactions occur on decentralized blockchains, cash-like digital currency - which is not a decentralized asset - may not be distinguishable within the network. You need a cryptocurrency to facilitate transactions, but a currency that has stable cash value.
At a massive rally in Michigan, which has been heavily affected by the tariffs imposed, President Donald Trump celebrated the first 100 days of his second term, announcing his focus on the economy in his speech.
Trump praised Jeff Bezos, the founder of Amazon, calling him a good man, in a move that may reflect a change in his tone towards the e-commerce giant. Regarding the automotive industry, Trump stated that he would not punish car manufacturers if they faced difficulties in obtaining spare parts, indicating flexibility in the face of challenges posed by trade tariffs.
The president also announced plans to cut taxes, emphasizing strong support for the tax deal, and mentioned that he would hold talks with the Prime Minister of Australia regarding trade, reflecting his continued interest in international trade relations.
Concerning the automotive industry, Trump confirmed that he is not worried about it, pointing to the industry's ability to adapt to current conditions. Finally, he noted significant progress in trade negotiations with India, expressing hope for reaching an agreement on tariffs.
#AltcoinETFsPostponed Gold is expected to reach $6,000 per ounce by the end of President Donald Trump's term, according to Frank Holmes, CEO of U.S. Global Investors and chairman of Hive Digital Technologies.
Holmes said this rise is driven by the restructuring of the global financial system, declining reliance on the dollar, and an unprecedented increase in gold purchases by governments, particularly China.
Trump escalates his battle against the Fed and pushes tariffs amid declining popularity
#Trump100Days U.S. President Donald Trump renewed his criticisms of Federal Reserve Chairman Jerome Powell while promoting his economic policies and his tariff program during an event on Tuesday marking 100 days since taking office.
Trump said during a campaign rally outside Detroit, Michigan: "Inflation has basically dropped, and interest rates have decreased, although I have someone at the Federal Reserve who is not really doing a good job."
Trump Faces Sharp Criticism Despite Promises to Support Digital Currencies
#BinanceAlphaAlert #BTCRebound $BTC $ETH Anthony Scaramucci, former White House communications director, described the first 95 days of Donald Trump's presidency as "the worst in modern history for U.S. presidents." This statement came at a time when the cryptocurrency market was experiencing significant volatility due to Trump's economic and trade decisions.
Return of Speculators: Bitcoin Attracts $21.5 Billion in Five Weeks After New Wave of Momentum
Bitcoin has regained its shine in financial markets with a record influx of speculative capital, as a report from Glassnode, a blockchain analytics firm, revealed a significant rise in what is known as 'hot supply'—the coins that have been moved in the past week—reaching its highest levels since last February.
Bitcoin to Dollar Pair BTC USD As a result, BTCUSD is the most famous digital cash pair and is considered the actual gold standard for the cryptocurrency market; it provides a price direction signal for almost the entire cryptocurrency market. In the BTC USD pair, Bitcoin is the base currency, while the US Dollar is the quote currency.
Tether's purchase of 7.7 tons of gold: What does it mean for XAUT?
#AirdropStepByStep Tether has expanded its physical gold reserves by purchasing over 7.7 new tons, supporting the coverage of its gold-linked digital product XAU₮. This announcement comes as part of the first regulatory certification issued by the company for Q1 2025, reflecting the growing global demand for stable and inflation-protected assets.
Top 3 Cryptocurrencies to Watch This Week: Dogecoin, Solana, and XRP
#AbuDhabiStablecoin The cryptocurrency market is experiencing noticeable activity with positive price indicators on Dogecoin (DOGE), Solana (SOL), and XRP, indicating anticipated movements that may change the market direction. Analysts expect significant price breakouts in the coming days, making these currencies under the microscope of traders and investors.
Dogecoin and readiness for an increase: breakout of the descending wedge pattern supports the upward trend
Bitcoin Price Today: Stable Near $95,000 Supported by Strategy Purchases and U.S. Regulatory Hopes
#ArizonaBTCReserve Bitcoin rose slightly on Tuesday, stabilizing after a sharp rebound last week as continuous flows from exchange-traded funds, increased digital currency purchases by Michael Saylor's Strategy, and positive comments about U.S. cryptocurrency regulation boosted the markets.
Breaking: Standard Chartered: Bitcoin Will Reach Record Levels Soon
#SaylorBTCPurchase #BinanceAlphaAlert $SOL Standard Chartered expects Bitcoin to break into a new all-time high in the second quarter of 2025, driven by strategic reallocation away from U.S. assets, with several key indicators suggesting that momentum is building. Jeff Kendrick, Global Head of Digital Asset Research at Standard Chartered, said in a note: "We expect the strategic reallocation away from U.S. assets to lead to the next sharp rise in Bitcoin (BTC) in the coming months."
Cryptocurrencies have stabilized during these moments of trading on Monday, with Bitcoin (BTC) remaining above the $94,000 level, while a smaller cryptocurrency saw an exceptional rise in the past few hours.
Jupiter Zheng, partner and director of liquidity and research at HashKey Capital, stated: Bitcoin has maintained a relatively stable trading range above $92,000 as the Trump administration has rolled back some tariff policies towards the cryptocurrency industry. This supportive stance towards cryptocurrencies could enhance Bitcoin and other cryptocurrencies' ability to develop independent market trends that are less correlated with U.S. stocks, allowing for more growth and innovation in the sector.
XRP led the gains among major cryptocurrencies, rising by 4% over the past 24 hours, driven by the approval of an ETF (Exchange-Traded Fund) by ProShares, which will see the launch of three products tracking futures on April 30.
Meanwhile, data showed that Cardano (ADA), BNB Chain (BNB), and Ether (ETH) experienced movements ranging from 1% to 3%.
Dogecoin price movements form a death cross. Is its price on the verge of a sudden reversal?
#SaylorBTCPurchase #BinanceAlphaAlert #EthereumFuture $BTC $ETH Dogecoin is preparing for a potential price reversal, but its positive momentum has recently shown signs of weakness. The price of Dogecoin (DOGE) has begun to show signs of weakness as negative sentiment seeps into its short time frames, forming what is called a death cross on its hourly chart.
Beijing stated on Monday that Chinese President Xi Jinping and US President Donald Trump have not had any recent phone calls, explaining that China has not entered into any negotiations or consultations with the United States regarding tariffs.
In contrast, US Treasury Secretary Scott Besant stated on Sunday that he had no information confirming whether President Donald Trump had spoken with his Chinese counterpart Xi Jinping regarding the tariffs, contradicting Trump's assertions that talks with Beijing were underway on the issue.
Bitcoin on Monday after continuous purchases in spot exchange-traded funds contributed to a strong recovery over the past week, even as markets remain tense due to trade uncertainty between the United States and China.
The largest cryptocurrency in the world rose more than 11% over the past week, sharply recovering from its lows in early April amid a broader rebound in global risk markets. However, this recovery now seems to be losing momentum, especially amid mixed signals regarding trade talks between the United States and China and worsening tariff exchanges.
Bitcoin rose by 0.1% to $94,051.8 by 09:35 AM Saudi time. The cryptocurrency remained close to its two-month high of $95,000 reached last week, despite trading volumes.
Besant said on Sunday that he did not know whether Trump had spoken with Chinese President Xi Jinping about the trade war, and that the recent dialogue with Chinese officials took place under the auspices of the International Monetary Fund, not as trade negotiations.
Bessent's remarks added further doubt to Trump's claims that trade talks with China were taking place - a claim Beijing has categorically denied.
#XRPETFs The price of XRP stabilizes at 2.19$ , up by 9% over two weeks. Is it gearing up for a strong surge with the regulatory landscape becoming clearer? The price of Ripple (XRP) has increased by 9% in the past two weeks, stabilizing yesterday, Saturday, around 2.19$ , due to growing institutional interest in it. One of the most significant catalysts for gaining momentum is the anticipated launch of XRP futures contracts on the CME exchange (XRP CME Futures) on May 19th, with each contract being settled in cash according to the announced XRP/USD pair index for this market, called the CME CF XRP-Dollar Reference Rate.