According to Jinshi Data:- President Trump announced plans to impose additional tariffs on countries that tax U.S. exports.
- He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy.
- The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks.
💬 Do you think 🤔 these policies will boost markets, or trigger more global volatility? How do you see this impacting crypto and broader risk assets?
$XRP * XRP Developments:- XRP is trading at $2.43, up over 3%, with an 11% increase in holders in 2025. It’s gaining traction due to tax exemptions on profits for U.S. investors and integration with Cosmos and EVM sidechains for multichain interoperability. Analysts see potential for XRP to reach $3.00, supported by low exchange inflows and bullish indicators.
* $ETH Ethereum Surge:- Ethereum has rallied 40% in the past week, reaching nearly $2,500, its best week since May 2021. Analysts predict it could hit $12,000 in 2025 due to institutional adoption, the Pectra network upgrade increasing ETH burn, and growing DeFi activity. The ETH/BTC ratio rebound suggests a shift in investor sentiment toward altcoins.
$BTC Bitcoin and Market Trends:- 📉 Bitcoin is trading near its all-time high, around $100,000-$105,000, driven by easing U.S. tariffs and expectations of Federal Reserve rate cuts. However, it dipped slightly to $100,621 before stabilizing around $102,000, with small pullbacks considered healthy for price action. Bitcoin dominance has dropped to 63.89%, signaling a shift of capital toward altcoins, potentially sparking an "altcoin season."
Price Up + Volume Up = Strong Bullish 📈 Price Down + Volume Up = Strong Bearish 📉 Price Up + Volume Down = Reversal Sign Price Down + Volume Down = Reversal Sign
- The United States🇺🇸 and China 🇨🇳have reached a significant agreement to ease their ongoing trade war. Following high-level talks in Geneva, both nations have committed to a 90-day pause on implementing new tariffs and have agreed to reduce existing tariffs substantially.
- Key Details of the Agreement: Tariff Reductions: The U.S. will lower its tariffs on Chinese imports from 145% to 30%, while China will reduce its tariffs on American goods to 10%.✨
- Temporary Suspension: Both countries have agreed to a 90-day halt on imposing new tariffs, providing a window for further negotiations.✨
- Market Reaction: The announcement has positively impacted global markets, with the U.S. dollar strengthening and stock futures rising.📈
- Future Dialogues: The agreement includes plans to initiate a new economic dialogue forum to address ongoing trade issues and other bilateral concerns.✨
- This development marks a significant step towards de-escalating trade tensions between the two largest economies, offering a temporary reprieve for global markets and businesses affected by the trade war.
Here's a summary of the latest cryptocurrency news for May 12, 2025, based on recent reports and sentiment:📈
- BTC Bitcoin Price Surge :- Bitcoin has reached $105,000, driven by optimism around a finalized US-China tariff deal, with details expected today. The Fear & Greed Index is at a "greedy" 73%, reflecting strong bullish sentiment. Posts on X highlight a whale buying $178.85M in Bitcoin on Binance, fueling trader excitement.
- Market Strength :- The crypto market shows resilience, with total market capitalization slightly down from $3.34 trillion but holding above key supports. Ethereum is trading at $2,500, Solana exceeds $170, and $XRP is at $2.4 after a pullback. Bullish sentiment is high for PI, Kaspa, $FIL Filecoin, $ADA Cardano, and Ethereum, with some coins seeing over 90% positive sentiment.
- Regulatory Developments :- The UK has introduced a regulatory framework to make it a "safe harbor" for crypto, aiming to provide clarity for companies. Meanwhile, the SEC is discussing tokenization with major financial players, stirring regulatory debates.
- Security Incidents :- A high-profile kidnapping in Las Vegas saw teens steal $4M in crypto from a man after a crypto event, highlighting security risks. Separately, Lido DAO voted to replace an oracle provider after a cybersecurity breach.
- Innovations and Upgrades :- Solana’s S3 upgrade is set to improve speed, and TapSwap launched no-wallet Web3 gaming via Telegram. Meta is exploring stablecoins for cross-border payouts, signaling renewed interest in crypto.
- Corporate Moves :- Metaplanet’s Bitcoin holdings have surpassed El Salvador’s, boosting corporate interest in crypto reserves.
Please note that crypto markets are volatile, and while these updates reflect current trends, always conduct your own research before making investment decisions. For real-time updates, you can check sources like Cointelegraph, CoinGecko, or posts on X.
✨ Shortly Define Crypto Currency And It's History 👇
Cryptocurrency: Digital or virtual currency using cryptography for security, operating on decentralized blockchain technology, enabling peer-to-peer transactions without intermediaries.
History: - 2008: Satoshi Nakamoto publishes Bitcoin whitepaper, introducing the first cryptocurrency.
- 2009: Bitcoin launches, with the first block (genesis block) mined.
- 2011-2013: Altcoins like $LTC $XRP and $ETH emerge; Bitcoin gains wider attention.
When I said $BTC would go up to get the liquidation at the resistance📈, no one believed it. Now it will fall a little further from the support zone and rise very hard for a big rally🤑💸.
🤔 I think you should sell a little bit here or open a short trade📉.
Disclaimer: I m Not Financial Advisor Do Your Own Risk.
$ETH Ethereum (ETH) is leading today’s crypto charge, smashing through the $2,600 barrier with an explosive 7% surge in just 24 hours.
After weeks of sideways trading between $2,400 and $2,500, this breakout signals a potential bull run fueled by institutional inflows and retail FOMO.
Market Snapshot * Price Rally: ETH hit $2,600 early today, backed by a 35% spike in trading volume across top exchanges. Analysts now eye $2,800 as the next target.
* Technical Signals: While the 4-hour RSI (72) flashes overbought warnings, the MACD’s bullish crossover hints at sustained upward momentum.
* Institutional Heat: Crypto stocks like Coinbase (COIN) and Grayscale’s ETHE surged 2-3%, mirroring Nasdaq’s 1.5% uptick as risk appetite returns.
* Network Growth: Over 120,000 new ETH wallets flooded the ecosystem this week, with active addresses jumping 18% (500k+ in 24hrs).
What’s Driving the Rally ? * Technical Breakout: ETH’s leap above $2,600 aligns with the 61.8% Fibonacci retracement level ($2,550), a key psychological threshold.
* Market Sentiment: Traders are betting on ETH’s deflationary post-merge supply and whispers of ETF approvals.
What’s Next? * Bull Case: A clean hold above $2,600 could fuel a sprint to $2,700-$2,800.
* Bear Watch: Failure to defend $2,500 might trigger profit-taking, testing $2,400 support. Buckle up – volatility is likely as ETH battles for dominance
Disclaimer: Not financial advice. DYOR before investing.