Crypto Untung

#TrumpTaxCuts : Heated Debate Over the 2025 Tax Cut Plan

The administration of President Donald Trump is pushing for major legislation to make permanent the individual tax cuts from the Tax Cuts and Jobs Act (TCJA) of 2017, as well as adding new incentives such as tax exemptions on tips, overtime pay, and Social Security benefits. However, this plan faces significant challenges in Congress due to projected costs reaching $4.6 trillion and concerns over the growing budget deficit.

The Republican Party in the House and Senate has different approaches: the Senate tends to allow increased debt with minimal spending cuts, while the House proposes large cuts to programs such as Medicaid. This difference creates internal tensions, especially regarding the controversial limits on state and local tax (SALT) deductions.

#XRPETF : Launch of the World's First XRP Spot ETF and Its Impact on the Market

On April 25, 2025, Brazil made history by launching the world's first XRP spot ETF, XRPH11, managed by Hashdex and traded on the B3 stock exchange. This ETF tracks the Nasdaq XRP Reference Price Index, providing investors with direct and regular exposure to XRP.

This move marks a significant milestone in institutional adoption of XRP, especially amid regulatory uncertainty in the United States. Meanwhile, CME Group announced plans to launch XRP futures trading on May 19, 2025, indicating growing institutional interest in this asset.

In the US, the chances of approval for the XRP spot ETF have increased, with market predictions suggesting a 79% likelihood of SEC approval this year. Analysts estimate that approval of such an ETF could trigger inflows of up to $8 billion into XRP-related products.

On Saturday, April 26, 2025, the price of Ethereum ($ETH ) showed significant strengthening, breaking the psychological level of $4,000 and trading in the range of $4,087. This increase was driven by a combination of fundamental factors and positive market sentiment.

Factors Driving the Increase in ETH Price

• Inflows to Ethereum ETF

Since November 2024, the Ethereum ETF has recorded inflows of $1.29 billion. The involvement of major institutions such as BlackRock and Fidelity indicates a high level of confidence in Ethereum, driving demand and pushing the price of ETH up.

• Increased DeFi Activity and Gas Fees

Activity in the DeFi sector has increased, as reflected by a surge in weekly Ethereum gas fees reaching $67 million. This indicates a rise in network usage and investor interest in the Ethereum ecosystem.

#TariffsPause : Fresh Air for the Global Economy

On April 21, 2025, the economic world welcomed positive news with the decision to implement #TariffsPause between the United States and China. After months of trade tensions, the two countries finally agreed to temporarily halt the imposition of additional tariffs.

This policy of #TariffsPause has a direct impact on the global financial markets. Stocks surged, emerging market currencies strengthened, and asset prices like Bitcoin also rose. Investors felt more confident to return to investing in sectors that were previously affected by uncertainty.

In addition to the effects on the markets, #TariffsPause also opens up space for more peaceful and rational negotiations in the future. Many industry players hope this step marks the beginning of the recovery of global supply chains that had been disrupted.

On April 26, 2025, the price of Ethereum ($ETH ) experienced a significant increase, trading above $1,800, recording a daily increase of 2.08%.

This increase was driven by several key factors:

1. Influx of Institutional Funds: Fidelity's Ethereum ETF recorded a net inflow of $35.9 million on April 26, 2025, indicating increased institutional interest in Ethereum.

2. Increased Network Activity: Ethereum transaction volume rose by 9%, with over 1.2 million transactions processed, reflecting strong network activity.

3. Positive Momentum in the Crypto Market: The crypto market as a whole showed optimism, with Bitcoin (BTC) trading close to $92,500 and total market capitalization nearing $3 trillion.

#EthereumFuture : The Bright Future of Ethereum Amid Web3 Innovation

Ethereum continues to demonstrate its potential as the backbone of the Web3 ecosystem, especially after massive network upgrades like The Merge and the Shanghai Upgrade. Now, the community's attention is focused on the upcoming Pectra upgrade scheduled for release this year, which is predicted to make the network more efficient and user-friendly.

With the adoption of layer-2 technologies like Arbitrum and Optimism, transactions on the Ethereum network have become faster and cheaper. This strengthens its position as the leading platform for DeFi, NFTs, and other decentralized applications.

Moreover, the imminent approval of Ethereum spot ETFs is expected to attract significant interest from institutional investors. The combination of technological development, global community support, and potential institutional adoption makes Ethereum not just a digital asset—but the foundation of the future of the decentralized internet.

#BTCvsMarkets : Bitcoin vs Traditional Market

In the midst of global economic uncertainty, the comparison between Bitcoin and traditional markets such as stocks and bonds is increasingly being discussed. The hashtag #BTCvsMarkets has emerged as a reflection of the shift in investor interest towards digital assets.

Bitcoin, as the largest cryptocurrency, shows high volatility but also extraordinary growth potential. On the other hand, the stock market offers long-term stability, but is now greatly influenced by interest rates and central bank policies.

Several analysts consider Bitcoin as "digital gold" that can serve as a hedge against inflation. However, regulatory risks and speculation still loom. Investors are now faced with a choice: play it safe in the conventional market or take high risks with the potential for greater returns in crypto.

#DinnerWithTrump : A Meaningful Political Dinner

The hashtag #DinnerWithTrump is back in the spotlight after an exclusive dinner event with Donald Trump was held by Republican donors. This event was not just an ordinary banquet, but a symbol of political influence and economic power in the 2024 US presidential campaign.

Attendees, ranging from business figures to conservative celebrities, paid large sums to sit at the same table as the former US President. In a relaxed yet politically charged atmosphere, Trump shared his vision for America's future, border issues, the economy, and foreign policy.

This hashtag went viral on social media, triggering a variety of reactions. Supporters see it as evidence of Trump's solid political base, while critics view it as a symbol of elite politics.

On April 23, 2025, the price of Ethereum ($ETH ) experienced a significant increase, trading above $1,780, recording a daily increase of 10.65%.

This increase was driven by several key factors:

**1. Increase in DeFi Activity:** The total value locked (TVL) in the Ethereum DeFi ecosystem reached $80 billion, the highest in the last two years. This indicates a significant recovery and strengthens Ethereum's dominance in the DeFi sector.

**2. Anticipation of the Pectra Upgrade:** The Pectra upgrade scheduled for the first quarter of 2025 aims to improve the efficiency and functionality of Ethereum through several Ethereum Improvement Proposals (EIPs), including EIP-3074, which introduces group transaction features and social recovery.

**3. Approval of Ethereum Spot ETF:** The approval of the Ethereum spot ETF in July 2025 is expected to increase institutional interest and investment in Ethereum, providing direct exposure to ETH through regulated and secure means.

#MarketRebound : Wall Street Rises Amid New Hopes

On April 22, 2025, the US stock market experienced a significant surge following comments from US Treasury Secretary Scott Bessent, suggesting the possibility of de-escalation in the trade war with China. The S&P 500 index rose by 2.5%, the Dow Jones Industrial Average increased by 2.7%, and the Nasdaq Composite also strengthened by 2.7%, recovering some losses from the previous day.

This increase was driven by better-than-expected corporate earnings reports, including from Equifax and 3M, as well as a statement from President Donald Trump indicating no plans to dismiss Federal Reserve Chair Jerome Powell and the potential for tariff reductions for China.

Nevertheless, the major indices still showed year-to-date declines, with the S&P 500, Dow, Nasdaq, and Russell 2000 each down between 7.9% and 15.6%.

On Monday, April 21, 2025, the price of Bitcoin ($BTC ) experienced a significant spike, breaking through the $87,000 level and reaching a peak of $88,000. This increase was driven by a combination of macroeconomic and geopolitical factors that prompted investors to turn to safe-haven assets like Bitcoin.

Reasons for Today's Bitcoin Price Increase

• Weakening US Dollar and Tensions with The Fed
US President Donald Trump once again launched sharp criticism against the Federal Reserve and Chairman Jerome Powell, raising concerns about the independence of the central bank. As a result, the US dollar weakened, prompting investors to seek alternatives like Bitcoin and gold as safe-haven assets.

• Geopolitical Uncertainty and Trade War
Trade tensions between the US and China escalated after China threatened to retaliate against countries supporting US tariff policies.

#USChinaTensions : Escalating Tensions

The relationship between the United States and China is heating up again amid rising geopolitical and economic competition. Issues such as Taiwan, the South China Sea, semiconductor technology, and trade are at the center of the tensions. The US continues to tighten export controls on advanced chips to China, while Beijing retaliates with restrictions on foreign companies.

Diplomatic visits from both sides have not significantly changed the dynamics, as each country maintains a firm stance on its national interests. The US emphasizes the importance of upholding "rules-based international order," while China asserts its sovereignty and rejects foreign intervention.

These tensions not only impact bilateral relations but also affect the stability of the Asia-Pacific region and global markets.

#BTCRebound : Bitcoin Surges to $88,000 Amid Global Economic Uncertainty

On April 21, 2025, Bitcoin (BTC) experienced a significant price surge, trading above $88,000, marking an increase of nearly 4% in the last 24 hours.

This rise was driven by several key factors:

• President Trump's Criticism of The Fed: US President Donald Trump's harsh statements against Federal Reserve Chairman Jerome Powell triggered market concerns over the independence of the central bank, leading to a weakening of the US dollar and prompting investors to seek safe-haven assets like Bitcoin.

• Return of Institutional Confidence: The price surge of Bitcoin signifies the return of trust among institutional investors, who see opportunities in the uncertainty of traditional markets.

On April 20, 2025, the price of TRON ($TRX ) experienced an increase of 0.66% in the last 24 hours, trading in the range of $0.245. This increase was driven by several key factors that boosted market sentiment towards TRX.

1. TRON's Dual Strategy: TRON founder, Justin Sun, announced a dual strategy focusing on the development of the DeFi and NFT sectors. This strategy attracted investor interest and increased trading activity on the TRX/BTC, TRX/ETH, and TRX/USDT pairs.

2. Increased Investor Interest: Data from Binance Futures indicates a 90% increase in open interest on the TRX/USDT pair, reaching $300 million. This shows that investors are actively positioning themselves to capitalize on the upward price momentum of TRX.

3. Bullish Engulfing Pattern: Technical analysis shows a bullish engulfing pattern on the weekly TRX chart, indicating strong positive momentum and the potential for a continuation of the upward trend.

#TRXETF : Tron’s Bold Step Towards ETF with Staking

On April 18, 2025, Canary Capital submitted an application to the SEC to launch the Canary Staked TRX ETF, the first ETF in the U.S. that combines spot TRX exposure with staking features. This ETF is designed to hold TRX tokens and stake them through third-party providers, with BitGo Trust Company as the custodian.

This move marks a breakthrough in the world of crypto ETFs, as most prior ETFs have avoided staking features. By incorporating staking, investors have the potential to earn additional returns from participation in the Tron network.

Justin Sun, the founder of Tron, welcomed this initiative and shared the official filing through his X account, signaling full support for the move.

On April 18, 2025, the price of Solana ($SOL ) increased by 6.47% in the last 24 hours, trading in the range of $133.90. This increase was driven by several key factors that improved market sentiment towards SOL.

1. Launch of Solana ETF in Canada: The launch of the world's first spot Solana ETF on the Toronto Stock Exchange triggered a price surge of 7% on April 17, 2025. This move indicates a growing institutional interest in Solana and strengthens its position in the global crypto market.

2. Accumulation Activity by Major Investors: Despite concerns regarding the release of tokens by FTX, some major investors and institutions showed a high interest in SOL. If they absorb the supply released from FTX, selling pressure could be more manageable.

3. Positive Technical Indicators: Indicators such as the Sharpe Ratio rising to 1.32 and positive Chaikin Money Flow (CMF) indicate strong buying pressure, opening up opportunities for SOL to test the next resistance level at $171.42.

#BinanceLeadsQ1 : Binance Leads the Crypto Market in the First Quarter of 2025

In the first quarter of 2025, Binance once again demonstrated its dominance in the global crypto market. With trading volume reaching record highs, this platform successfully maintained its position as the largest cryptocurrency exchange in the world.

Product and service innovation has been key to Binance's success. The launch of new features, such as integration with leading blockchain networks and enhanced platform security, attracted new users and retained the loyalty of existing users.

Additionally, Binance is actively supporting DeFi and NFT projects, providing opportunities for developers and investors to participate in the rapidly growing crypto ecosystem. This involvement strengthens Binance's position as a leader in innovation and the adoption of blockchain technology.

#SolanaSurge : SOL Melesat Berkat ETF dan Momentum Pasar**

In mid-April 2025, Solana (SOL) recorded a significant price surge, trading above $130 after previously dipping to $96. This increase was driven by several key factors that boosted market sentiment towards SOL.

One of the main drivers was the launch of the world's first spot Solana ETF on the Toronto Stock Exchange, which triggered a price spike of 7% on Thursday, April 17, 2025. This move indicates growing institutional interest in Solana and strengthens its position in the global crypto market.

Technically, indicators such as the Sharpe Ratio rising to 1.32 and the positive Chaikin Money Flow (CMF) indicate strong buying pressure, opening up opportunities for SOL to test the next resistance level at $171.42.

#MetaplanetBTCPurchase once again stirs the crypto community! Japanese technology company, Metaplanet, officially announces an additional purchase of **50 BTC** on **April 17, 2025**, bringing their total holdings to **200 BTC**. This move follows the company's cash diversification strategy inspired by MicroStrategy, aiming to make Bitcoin a primary reserve asset.

This purchase was made as BTC prices show a stable recovery above the $65,000 level, capitalizing on bullish market momentum due to dovish comments from The Fed. Investors see this move as a positive signal that public companies are becoming more open to digital assets.

Market analysts estimate that institutional accumulation like this could foster long-term confidence in Bitcoin, especially in the Asia region. Metaplanet also hinted that further purchases may take place this year.

On April 16, 2025, Federal Reserve Chair Jerome Powell delivered his remarks at the Economic Club of Chicago, highlighting the economic impact of President Donald Trump's tariff policies. Powell warned that tariffs larger than expected could lead to temporary inflation that could potentially become more persistent, as well as slow down economic growth.

Powell emphasized that this situation could challenge The Fed's dual mandate to maintain price stability and maximize employment. If inflation and unemployment rise simultaneously, The Fed would face a dilemma in determining interest rate policy.

Nevertheless, Powell stated that The Fed would wait for further clarity before making interest rate adjustments, given the increased market volatility since the announcement of tariffs in early April.

Powell's statement highlights the challenges of monetary policy amid global trade uncertainty.
#PowellRemarks