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Eric Trump, son of the sitting United States president, made a relatively unexpected endorsement of Ethereum (ETH) back on February 3. The executive vice president of the Trump Organization did so by means of a post on X. “In my opinion, it’s a great time to add $ETH.” In my opinion, it’s a great time to add $ETH. — Eric Trump (@EricTrump) February 3, 2025 This vote of confidence came shortly after Donald Trump announced that he would hold a press conference on February 4 to discuss the U.S. strategic crypto reserve. Soon after, 1,000 ETH was sent from Trump’s address to a Coinbase hot wallet. At the time, both technical indicators and market sentiment painted an optimistic picture regarding Ethereum’s future prospects. However, things didn’t exactly pan out as the bulls would have preferred. Ethereum price crashes following Eric Trump’s endorsement On February 3, when Eric Trump shared his bullish sentiment, Ethereum was changing hands at a pric...

The US stock market was dealt a massive blow by the presence of US President Donald Trump’s Liberation Day tariff plan. Indeed, the Dow Jones fell more than 1,000 points for two consecutive days as things got dire. Among the struggling firms was Nvidia (NVDA), whose stock got a rare downgrade from concerned experts. The tech giant was among the biggest winners in the stock market in 2024. Over the course of the last year, it jumped more than 170%. However, things changed drastically this year, with geopolitical concerns and economic frailty hindering its ability to find its footing. Now, all eyes are on its outlook, with Wall Street getting increasingly bearish on the stock. Source: Investopedia Also Read: Jim Cramer Calls Nvidia (NVDA) Stock a “Meme Stock”: Is It? Nvidia Gets a Downgrade, and Its Problems May Be More Than Trump’s Tariffs When rumors started swirling of the Trump administration’s bevy of reciprocal tariffs, the stock market was always going to be hit t...

Maya Parbhoe, a presidential candidate in Suriname popular with the Bitcoin community, has seemingly disappeared from X after posted a worrying plea for help. Concern for Parbhoe’s safety spread across the internet on Thursday after she tweeted, “Help.” With no other context, she later initiated a livestream titled “Life and family under threat. SOS.” That event contained no further information and contained only a music recording and an unsuccessful attempt to speak on the broadcast. Parbhoe had also posted that “The US Secret Services is here in Suriname to protect me and to help me uncover corruption.” However, she or someone controlling her X account soon deleted that post , raising even more red flags. The Daedalus Labs founder, who received bitcoin (BTC) donations for her ostensibly anti-corruption campaign, found immediate allies in prominent Bitcoiners. Cory Klippsten amplified her call for help, which in turn earned a respo...

PI Coin is currently one of the most trending crypto tokens to explore at the moment. Per CMC, the token is currently sitting at $0.64, down 6% in the last 24 hours. The sudden price plunge is currently being viewed as an attractive investment opportunity as PI Network’s PI is expected to surge and hit new highs this April 2025. How high can the token truly surge this month? Let’s find out. Also Read: The 1 Cent Dream: Which Year Can Shiba Inu Reach $0.01? PI Token: What’s Happening Source: The Network Journal The allure of the PI token is still very much evident in the market. The token has, however, been experiencing a rocky path ahead. PI is down 60% in the last one month, followed by documenting a 21% downswing in the last 7 days. The token is presently trading at $0.64, aiming for better days, which, according to multiple technical indicators, are approaching hard and fast. The token is wrapped under heavy speculation of it hitting major cryptocurrency exchanges like Bi...

BlackRock‘s Bitcoin ETP has just received FCA approval, and this marks a really major step forward for institutional crypto adoption right now. The massive asset manager, which currently oversees around $12 trillion, has become the 51st company to be registered with the UK regulator, joining the likes of Coinbase, PayPal, and also Revolut. This approval follows their recent listing on Euronext Paris and Amsterdam where they launched the iShares Bitcoin ETP under the ticker IB1T last week. Also Read: US Dollar Experiences Sharpest Monthly Decline in 2 Years How BlackRock’s Bitcoin ETP and FCA Approval Impact Investors The newly approved BlackRock Bitcoin ETP has been launched with quite a competitive fee structure, including a temporary 0.15% waiver that will remain in place until the end of 2024. After that time period, the fee will go up to match CoinShares’ rate of about 0.25%. An important feature of this product is that each share actually has backing from real Bit...

Though the downturn hasn’t been universal, the first quarter (Q1) of 2025 has been devastating for cryptocurrency traders, with many of the biggest digital assets collapsing in value. The drop is well exemplified both in the price of individual coins and tokens – Bitcoin (BTC), for example, fell 11.21% to $82,988, and Ethereum (ETH) crashed 44.31% to $1,857 – and by the overall sector market capitalization drop from $3.25 trillion to $2.65 trillion: a $600 billion wipe. Total cryptocurrency market capitalization YTD chart. Source: TradingView Under the circumstances and with many fearing the U.S. may have already entered a recession, Finbold decided to ask the advanced artificial intelligence (AI) of ChatGPT-4o to help make the ideal Q2 cryptocurrency portfolio to weather the storm. Picks for you Crypto market sees $80 billi...