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Shibarium Transactions Surge 27%, What’s Next for SHIB Price?
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🇺🇸 LATEST: Arizona Governor Katie Hobbs has blocked the proposed Strategic Bitcoin Reserve legislation.
In her veto statement, Hobbs dismissed Bitcoin as an “untested investment.”
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🚨 Can Shiba Inu Price Compete With New Meme Coins As SHIB Burn Rate Spikes 22,000%? 🔥
Find out whether Shiba Inu price can compete with meme coins as the SHIB burn rate surged 22,000% as active addresses hit a 2-month high.
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🚨 Shiba Inu Unveils SHIB Pay as Permissionless, On-Chain Alternative Amid SWIFT Woes 🌐
The Shiba Inu community has boasted its SHIB Pay system, highlighting crypto payment services' dominance over TradFi systems.
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JUST IN: Goldman Sachs plans to tokenize U.S. Treasury bonds and money market funds to enable 24/7 on-chain trading, according to report.
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📣 El Salvador added another Bitcoin to its reserve.
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XRP News: Ripple’s $20 Billion Circle Deal Likely a Rumor – Here’s Why
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Solana Price Predicted to Hit $750 as Eric Trump Fires 10-Year Warning at US Banks
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Breaking: Ripple Unlocks 1 Billion XRP from Escrow Account, Is A Sell-Off Ahead?
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Here’s What to Expect From BTC, ETH, XRP & SOL as S&P500 Secretly Mirrors 1998 Cycle
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Ripple Raises Offer to Acquire Circle to $20B!
Ripple’s initial $5B bid to acquire Circle, issuer of the USDC stablecoin, was rejected — but CEO Brad Garlinghouse has now upped the offer to a staggering $20 billion.
💰 If successful, this would be one of crypto’s largest mergers, giving Ripple major leverage in the competitive stablecoin market (Circle is #2 globally after Tether).
📉 XRP’s market cap briefly dipped below $130B after the first offer was rejected.
🙀
📈 Ripple is pushing beyond payments with its new RLUSD stablecoin and now eyes dominance in DeFi.
⚖️ Regulatory scrutiny is expected if the deal goes through. Talks are reportedly in advanced stages.
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No New RLUSD Minted This Week — What’s Behind the Pause?
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🇺🇸💵 US Treasury: Stablecoins to Hit $2 Trillion by 2028
The U.S. Treasury sees a 10x stablecoin boom coming — from $230B today to $2T by 2028. Why? 🧐
🔹 Regulation boost (GENIUS Act)
🔹 Institutional demand
🔹 Tokenized funds & ease of use
But it’s not all sunshine for banks:
🏦 Stablecoins may drain bank liquidity, even without interest.
📉 Treasury bills used as collateral = more demand for short-term U.S. debt.
⚠️ Banks might fight back by raising rates or finding new funding models.
Stablecoins are no longer just a crypto sidekick — they’re becoming banking’s biggest competitor and the dollar’s digital export engine. 🤔
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Goldman Sachs Bets Big On Crypto & Tokenization Offerings
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JUST IN: BoopDotfun's token launchpad on Solana offers crypto influencers six-figure airdrops to launch tokens, sparking ethical debates and technical issues amid its debut.
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Two Prime Abandons Ethereum For Bitcoin, Tags ETH As A Memecoin
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JUST IN: 🇺🇸 Elon Musk says the US Government was "partying on taxpayer money."
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🇺🇸 U.S. GDP Shrinks for First Time Since 2022 — Recession Fears Surge
Bloomberg reports that U.S. GDP fell by -0.3% in Q1 2025 (vs forecast +0.2%), marking the first decline since 2022 — likely a result of Trump-era trade policies.
📉 Markets reacted with a sharp drop, while Bitcoin held relatively steady.
😨 Consumer sentiment crashed to 86 — lowest since May 2020.
🛑 Expectations for the economy 6 months ahead dropped to 54, the worst since 2011.
People across all age and income groups are cutting spending and fearing layoffs.
📊 Odds of a 2025 U.S. recession:
— 71% on Polymarket
— 74% on Kalshi
The “soft landing” narrative may be landing a bit too hard.
🇺🇸 ETF FLOWS: Around 597 BTC and 1,280 ETH were sold on Apr. 30.
BTC ETFs saw $56.3M in net outflows.
ETH ETFs saw $2.3M in net outflows.
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📉📈 Trump flip-flops faster than the market he’s blaming!
🗓 Jan 29: “Stock market booming — thanks to ME!”
🗓 Apr 30: “Market’s crashing? That’s Biden’s fault!”
Trump now claims tariffs will pay off eventually, but traders are already pricing in the plot twist. Classic move: take the credit on green days, dodge the blame on red ones.🤷
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