ether4ever

Economic and Financial Summary

1. Futures Down
• U.S. futures fell:
• Dow: -189 pts (-0.5%)
• S&P 500: -20 pts (-0.4%)
• Nasdaq 100: -95 pts (-0.5%)
• Despite signs of trade easing between the U.S. and China, uncertainty persists.
• Elon Musk announced he will reduce his political involvement, which boosted Tesla's shares despite profit declines.

2. Trump and the Deal with China
• Trump seeks a "fair deal," but without details.
• Current tariffs: U.S. 145%, China 125%.
• The Treasury suggests they should be reduced, but not unilaterally.
• The White House considers lowering tariffs to 50% to facilitate negotiations.

3. Alphabet (Google) to Report Results
• Data expected on:
• Advertising revenues affected by uncertainty.
• Investments in AI against competitors like DeepSeek.
• Legal risks due to its dominance in digital advertising.

4. Airlines Cut Forecasts
• American Airlines reports today.
• Southwest, Alaska, Delta, and United have withdrawn their forecasts due to economic uncertainty.
• Tariffs affect travel spending, a sector sensitive to economic changes.

5. Gold and Oil
• Gold: rises as a safe haven amid doubts about the trade war.
• Oil: fell ~2% due to expectations of increased OPEC+ production in June #eth #BTC

According to Foresight News, data from Glassnode reveals that since the end of March, the Relative Strength Index (RSI) for convinced Ethereum buyers has remained at 80.

This suggests that there is a lot of enthusiasm for buying, perhaps too much, which could mean that the market is overbought (i.e., prices may be too high and ready for a correction).

Meanwhile, the RSI for sellers incurring losses peaked on April 16 and is currently declining, with the RSI now below 50.
Foresight News notes that the RSI is a technical indicator used to assess whether a market is overbought or oversold, oscillating between 0 and 100. Typically, an RSI above 70 suggests an overbought condition, while an RSI below 30 indicates an oversold market. Watch out for that!! #eth

#CryptoMarketCapBackTo$3T
UN Reveals the Hidden Environmental Impact of Bitcoin

A UN study has revealed that bitcoin mining consumes a significant amount of natural resources. During 2020-2021, the global bitcoin mining network consumed 173.42 terawatt-hours of electricity, equivalent to the energy consumption of countries like Pakistan. Furthermore, the resulting carbon footprint was equivalent to burning 84 billion pounds of coal. These activities also have significant water and land footprints, raising concerns about their environmental sustainability. #BTC

Five companies with great potential for 2025 show outstanding figures that position them as attractive opportunities.

EPAM Systems could increase its fair value by 56.9% with an EPS growth of 38.7%.

Lyft, with a market capitalization of 4.6 billion USD, aims for a rise of 59.9% and an EPS growth of 1,885%.

-Rumble expects an increase of 104.2% in its EPS.

DoubleVerify stands out with a potential of 58% and a growth of 198.5% in profits.

Live Oak Bancshares projects a rise of 63.5% and revenue growth of 42.5%.

#btc

“Binance Write to Earn” (also known as Write & Earn) is an initiative by Binance that allows you to earn rewards for writing content, especially on its platform called Binance Square (formerly Binance Feed).

How does it work?

It is basically a program for content creators. Binance rewards you with cryptocurrencies or benefits if:
• You write quality articles, analyses, news, or posts about crypto topics.
• You have good interaction (likes, comments, shares).
• You follow their content rules and guidelines.

⸻

What can you write?
• Opinions on cryptos.
• Market analyses.
• News from the ecosystem.
• Guides for beginners.
• Comments on DeFi projects, NFTs, trading, etc.

⸻

What can you earn?
• Rewards in BNB or other cryptocurrencies.
• Visibility within the Binance crypto community.
• Possibility of being promoted to “featured creator” or ambassador.

⸻

How to participate?
1. Go to the Binance app and enter “Square” (or Binance Feed).
2. Publish content from your account.
3. If there is an active “Write & Earn” campaign, you can sign up (they usually open specific periods with dates).
4. Meet the minimum requirements (followers, interactions, etc.) and you can win! #eth

Today, Wednesday, April 23, 2025, the cryptocurrency market shows a strong bullish momentum, with Bitcoin leading the gains.
#btc #ETH

Trump seemed to retract his harsh criticism of Powell on Tuesday, saying that he "has no intention" of firing the Fed leader.

As the Easter weekend approached, markets feared that Trump might be preparing to oust Powell for not moving fast enough to cut interest rates. Suggestions from a senior White House advisor that officials were considering whether to fire Powell also unsettled already nervous investors.

But Trump seemed to calm these fears, adding that he would just like Powell to "be a little more active in terms of his idea of cutting interest rates."

The de-escalation received quick approval from Wall Street, with several stocks from the "Fabulous Seven" — including Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), and Apple (NASDAQ:AAPL) — rising after the close.
#NASDAQ #Nvda #AAPL