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Shibarium Transactions Surge 27%, Whatโs Next for SHIB Price?
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๐บ๐ธ LATEST: Arizona Governor Katie Hobbs has blocked the proposed Strategic Bitcoin Reserve legislation.
In her veto statement, Hobbs dismissed Bitcoin as an โuntested investment.โ
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๐จ Can Shiba Inu Price Compete With New Meme Coins As SHIB Burn Rate Spikes 22,000%? ๐ฅ
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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๐จ Shiba Inu Unveils SHIB Pay as Permissionless, On-Chain Alternative Amid SWIFT Woes ๐
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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๐ฃ El Salvador added another Bitcoin to its reserve.
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XRP News: Rippleโs $20 Billion Circle Deal Likely a Rumor โ Hereโs 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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Hereโs 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!
Rippleโs initial $5B bid to acquire Circle, issuer of the USDC stablecoin, was rejected โ but CEO Brad Garlinghouse has now upped the offer to a staggering $20 billion.
๐ฐ If successful, this would be one of cryptoโs largest mergers, giving Ripple major leverage in the competitive stablecoin market (Circle is #2 globally after Tether).
๐ XRPโs market cap briefly dipped below $130B after the first offer was rejected.
๐
๐ Ripple is pushing beyond payments with its new RLUSD stablecoin and now eyes dominance in DeFi.
โ๏ธ 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 โ Whatโs Behind the Pause?
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๐บ๐ธ๐ต US Treasury: Stablecoins to Hit $2 Trillion by 2028
The U.S. Treasury sees a 10x stablecoin boom coming โ from $230B today to $2T by 2028. Why? ๐ง
๐น Regulation boost (GENIUS Act)
๐น Institutional demand
๐น Tokenized funds & ease of use
But itโs not all sunshine for banks:
๐ฆ Stablecoins may drain bank liquidity, even without interest.
๐ Treasury bills used as collateral = more demand for short-term U.S. debt.
โ ๏ธ Banks might fight back by raising rates or finding new funding models.
Stablecoins are no longer just a crypto sidekick โ theyโre becoming bankingโs biggest competitor and the dollarโs digital export engine. ๐ค
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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: ๐บ๐ธ Elon Musk says the US Government was "partying on taxpayer money."
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๐บ๐ธ U.S. GDP Shrinks for First Time Since 2022 โ 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 โ likely a result of Trump-era trade policies.
๐ Markets reacted with a sharp drop, while Bitcoin held relatively steady.
๐จ Consumer sentiment crashed to 86 โ lowest since May 2020.
๐ 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.
๐ Odds of a 2025 U.S. recession:
โ 71% on Polymarket
โ 74% on Kalshi
The โsoft landingโ narrative may be landing a bit too hard.
๐บ๐ธ 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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๐๐ Trump flip-flops faster than the market heโs blaming!
๐ Jan 29: โStock market booming โ thanks to ME!โ
๐ Apr 30: โMarketโs crashing? Thatโs Bidenโs fault!โ
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.๐คท
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