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A Ripple-linked account has executed a massive on-chain transaction, transferring 200 million XRP, valued at approximately $410 million based on the market price of $2.05 on April 11. The timing and scale of the move have sparked speculation across the crypto community, especially as XRP trades near critical support amid ongoing legal uncertainty and volatile market conditions.  With investor sentiment fragile and broader trends in flux, the transaction has raised concerns about the token’s near-term outlook. Ripple’s 200 million XRP transfer fuels speculation According to blockchain tracker Whale Alert , the transaction originated from a Ripple-tagged wallet ‘Ripple (1)’ and was sent to another address, rP4X2…sKxv3, which initially appeared to belong to an unidentified recipient.  However, data from Bithomp reveals that the receiving wallet, though seemingly anonymous at first, was activated by Ripple itself in October 2023 with an initial balance of 70 ...

Despite a market resurgence Wednesday and US President Donald Trump announcing a 90-day pause on his Liberation Day policy, Amazon has told consumers to expect prices to rise due to tariffs. Specifically, the company’s CEO, Andy Jassy, told CNBC that the company would be passing increased costs onto consumers. Jassy noted that the company is still waiting to see how the tariff turmoil “plays out,” but expects the e-commerce firm to cope with increased prices. Moreover, he noted that the e-commerce juggernauts’ network of third-party sellers has been placed in a tough position by the ongoing import tax dilemma. JUST IN: Amazon says to expect their prices to rise. — Watcher.Guru (@WatcherGuru) April 10, 2025 Also Read: Amazon Cancels Inventory Orders From China Following US Tariffs Amazon CEO Says Prices Will Likely Rise Amid Tariff Turmoil The presence of increased global financial uncertainty is set to bring increased pressure to consumers in 2025, according to o...

The United States is currently on the brink of a trade war with China on the heels of its new Liberation Day economic policy. Now, that could spell disaster for the country, as JPMorgan CEO Jamie Dimon recently said a recession is the most “likely outcome” of President Donald Trump’s tariff plan. Just last week, the Trump administration unveiled a baseline 10% tariff on all nations. The increasingly aggressive economic policy was met with ire by some and with hope for negotiations by others. However, one thing is certain: while the self-created issue gets resolved, the US will be subjected to increasing economic uncertainty. Source: NPR Also Read: Goldman Sachs: Trump Tariffs Put US in ‘Event-Driven’ Bear Market JPMorgan CEO Warns a Recession Is Nearing Amid Liberation Day Tariff Plan Earlier this month, US President Donald Trump announced a new Liberation Day tariff plan. Now, nations are beginning to answer that policy with retaliatory action of their own. The Europe...

The cryptocurrency community welcomed Donald Trump’s re-election as promised to help bolster the position of digital assets in the U.S., ending the practice of ‘regulation by enforcement,’ and even establishing a national strategic reserve. The initial months of the actual presidency stood in stark contrast and can generally be best described as a ‘mixed bag.’ Though President Trump ushered in a more crypto-friendly SEC and the Department of Justice (DoJ) is winding down its digital assets operations, the administration has hardly been lucrative for traders. One of the metrics showing the deteriorating situation is that the number of Bitcoin (BTC) ATMs has been dropping in the U.S. through the first quarter (Q1) of 2025. At the beginning of the year, there were 30,119 such machines, while, at the end of Q1, there were 185 fewer: 29,934, as per data retrieved from Coin ATM Radar and highlighted in Finbold’s Q1 2025 Cryptocurrency Market Report. Furthermore, April prove...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The last several weeks have seen economic policy wreak havoc on the markets. However, that could be set to benefit the leading cryptocurrency, as Bitcoin may get a boost with the Chinese yuan devaluing amid the brewing US trade war aligning with historical trends for the token. Both the United States and China have been embroiled in rising geopolitical tensions; the markets are in a concerning spot. Following the debut of US President Trump’s Liberation Day tariffs, the US stock market suffered a three-day selloff that wiped $5 trillion of value in US equities. Source: Watcher Guru Also Read: BTC: Why Is Bitcoin Crashing Today Falling to $76,000? Bitcoin May Be the Winner of the Brewing US-China Trade War Throughout the year so far, geopolitical tensions have led to an increasingly unpredictable finance market. Not only has that upset traditional sectors but the cryptocurrency market as well. Despite the regulatory headway it’s made this year, the leading token may get a sur...

XRP has tumbled nearly 50% since January, sliding from a high of $3.80 to as low as $1.60, mirroring the broader market’s retreat amid mounting global tensions.  The latest trigger came when President Donald Trump threatened additional tariffs on China and announced a blanket 10% tariff on all goods entering the U.S., set to take effect on April 9. The announcement triggered a broad market sell-off, though major crypto assets staged a modest recovery in the aftermath. Bitcoin (BTC) bounced back slightly, and XRP climbed to $1.88 at press time.  XRP one-day price chart. Source: Finbold However, with President Trump doubling down on tariffs and threatening an additional 50% levy on Chinese goods, uncertainty remains over whether this rebound can be sustained. As macroeconomic volatility intensifies and regulatory uncertainty lingers, investors are closely watching whether XRP will continue its slide toward the $1 mark or begin to reverse course.  XRP...

The cryptocurrency market has faced a massive price crash today. The global crypto market cap has fallen 12.5% in the last 24 hours to $2.45 trillion. Bitcoin (BTC) is trading at the $75,000 level for the first time since November 2024. Shiba Inu (SHIB) also follows the market downtrend. The popular dog-themed crypto is on the verge of gaining an additional zero after its decimal point. Also Read: Trump’s Tariff Chaos Wipes $6T from Markets as JPMorgan Warns 60% Chance of Global Recession Just $65 In Shiba Inu Is Still Worth More Than $1 Million Today Source: Watcher Guru Despite the massive crash today, SHIB has maintained incredible gains since its launch. If you had purchased just $65 worth of SHIB in August 2020, the value of the investment would have been $1.05 million today. Your money would have grown by 1,617,878.95% (1.61 million percent). Source: Changelly Also Read: Markets Panic: Ackman Pushes Pause on Tariffs to Halt Crash Shiba Inu (SHIB) hit an all-time high of $0.000086...

Justin Sun frequently tangles with the legal system, historically as a defendant, but increasingly as the plaintiff.  These cases often involve firms of which Sun disclaims ownership but in which he’s deeply involved nonetheless.  First Digital hits back at Techteryx The lawsuit that has most recently entered the public consciousness is between Techteryx and First Digital Trust.  This suit contains allegations from Techteryx, the firm behind TrueUSD (TUSD), and alleges that First Digital Trust misappropriated portions of the TUSD reserves. It also discusses how large portions of the TUSD reserves were invested in a fund that is now refusing to honor redemptions. Sun asserts that First Digital Trust’s alleged insolvency is the reason for this rejection . Justin Sun bailed out $500M stablecoin TUSD, report Read more: First Digital defends FDUSD from Justin Sun’s attacks First Digital Trust, which is behind the FDUSD stablecoin, has...

Chainlink (LINK) is following the market-wide correction trend. The asset’s price has fallen by 5.1% in the daily charts and 18.2% over the previous week. LINK has also faced an 11.5% correction in the 14-day charts and a 7.4% correction over the last month. The popular crypto has dipped by 29.1% since April 2024. Also Read: Dogecoin Price Reversal Ahead? Analyst Predicts 129% Surge to $0.39 Source: CoinGecko Cryptocurrencies Suffer Consequences Of Tariffs? Source: Watcher Guru The cryptocurrency market seems to show no signs of a recovery. The market entered a brief rally in March-end but the upswing was short-lived. Bitcoin (BTC) has fallen to the $83,000 price point. LINK and other crypto assets are following BTC’s trajectory. Also Read: Ripple: If You Put $2,000 Into XRP Now, Here’s Your Returns In 3 Years The latest market correction came after President Trump announced reciprocal tariffs for multiple countries. Market participants have not taken the move lightly. Many ...