cryptocurrency+news
Cryptocurrency+news
Before the data release, reduce high-leverage contract positions to avoid liquidation risks from extreme volatility; after the data release, if CPI is lower than expected, consider buying BTC/ETH on dips; if higher than expected, pay attention to the effectiveness of Bitcoin’s $80,000 support level, be cautious about chasing short positions https://backlinkbuilder.biz/.
However, this positive factor may be partially offset by other macroeconomic factors (such as tariff policies), as Trump’s tariff policies could cause inflation. There’s a contradiction between inflation and rate cut expectations as the Fed maintains its forecast of two rate cuts (50 basis points) in 2025, but internal divisions among officials have intensified (fewer officials supporting cuts, more opposing). Meanwhile, core inflation expectations have been revised upward (2025 core PCE expectations raised from 2.5% to 2.8%), coupled with Trump’s tariff policies potentially pushing up import costs, inflationary pressures may limit the Fed’s room for rate cuts. If inflation remains persistently high, Bitcoin may face significant volatility.
In August 1971, President Richard Nixon announced 10% across-the-board tariffs on U.S. imports and ended the convertibility of Dollars into gold. Allies were not consulted in advance, even though the actions ended the multilateral Bretton Woods exchange rate system in place since World War II. The so-called “Nixon Shock” was followed by extensive negotiations over the next four months, culminating in the Smithsonian Agreement in December 1971, in which G10 nations agreed to revalue their currencies versus the Dollar in exchange for tariff relief. While the tariffs were ultimately short-lived, the events changed global trade flows and had long-lasting implications for financial markets (Exhibit 1).
Ada cryptocurrency news
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.
James is dedicated to demystifying intricate technological concepts. His keen eye for details has positioned him as a trusted voice in decentralized technologies. With years of experience, she creates insightful articles, in-depth analyses, and captivating narratives that uncover the potential and hurdles within the crypto and blockchain landscape. Business Email: Phone: +49 160 92211628
Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.
James is dedicated to demystifying intricate technological concepts. His keen eye for details has positioned him as a trusted voice in decentralized technologies. With years of experience, she creates insightful articles, in-depth analyses, and captivating narratives that uncover the potential and hurdles within the crypto and blockchain landscape. Business Email: Phone: +49 160 92211628
Cryptocurrency news
“Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans. We have a duty to shine a light on these abuses and stop Donald Trump from exploiting emerging technologies to enrich himself, dodge accountability, and weaken the safeguards that protect American consumers and the rule of law,” noted Warner.
The Senate voted 66-32 Monday evening to advance first-of-its-kind legislation to regulate “stablecoins,” a kind of cryptocurrency. Democrats had initially voted to block the bill earlier this month amid concerns over President Donald Trump’s cryptocurrency deals.
Warren has opposed to earlier versions of the GENIUS Act, warning that the bill’s attempts to regulate stablecoin are toothless and could harm consumers, spur corruption and even lead to a potential financial crisis.