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JPMorgan said that Bitcoin’s status as “digital gold” is weakening as the crypto lags behind the surging price of gold, which hit a record $3,167 earlier today. The gold price traded down a little more than 1% at $3,124 at 10:31 a.m. EST after paring earlier gains, while Bitcoin slumped almost 4% to $82,219 after US Donald Trump unleashed a barrage of trade tariffs against the rest of the world yesterday. Gold’s outperformance is proof that investors still favor the commodity over BTC in times of macroeconomic uncertainty, said JPMorgan analysts led by Nikolaos Panigirtzoglou in an April 2 report. Risk assets are tanking after hours as Trump's tariffs are worse than expected. Dow futures are already down over 1,000, which is 2.5%. S&P futures are down 4%, and NASDAQ futures are down 4.5%. Bitcoin is only down 3.5%. Gold, however, the true safe haven, hit a new record high. — Peter Schiff (@PeterSchiff) April 2, 2025 The strategy of buying assets ...

Private companies added 155,000 jobs in March, exceeding expectations by a steep amount, according to a report from ADP. This was a sharp increase from the upwardly revised 84,000 in February and better than the Dow Jones forecast for 120,000. There were fears among economic experts that the labor market and economy were slowing, but the latest jobs report reveals otherwise for now. JUST IN: Private US companies added 155,000 jobs in March, more than expected. — Watcher.Guru (@WatcherGuru) April 2, 2025 On the wage side, earnings rose by 4.6% year over year for those staying in their positions and 6.5% for job changers. The gap between the two matched a series low. “Despite policy uncertainty and downbeat consumers, the bottom line is this: The March topline number was a good one for the economy and employers of all sizes, if not necessarily all sectors,” said Nela Richardson, chief economist, ADP. Furthermore, the upcoming BLS report is expected to reflect solid labor mark...

Nearly one-third of the South Korean population has reportedly invested in Bitcoin (BTC) and other digital assets. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reports that as of late February of this year, 16.29 million people have opened accounts on Upbit, Bithumb, Coinone, Korbit and Gopax, the country’s top five domestic crypto exchanges. South Koreans with accounts at multiple exchanges were reportedly only counted once to keep the data accurate. The country currently has an overall population of nearly 52 million. There were 14 million crypto investors in South Korea in March 2024, and more than 500,000 new investors in the country purchased crypto in November, the same month that Donald Trump won the US presidential election. Trump pivoted to crypto-supportive stances in the lead-up to the election last year. Industry officials predict that South Korea will soon be home to 20 million crypto investors. Says...

The Shiba Inu (SHIB) market managed to get through a challenging month of March. The second-largest meme coin recorded a 7% downfall throughout the past month. This was sadly, the case with most cryptocurrencies in the market. March turned out to be extremely rocky for the market. While the asset has kickstarted April on a great note, the community is hoping that SHIB continues this trend and records a new yearly peak. Also Read: Ripple (XRP) Bullish Price Prediction For April 2025 Shiba Inu Starts April With A Bang Source: Watcher Guru Over the past 24 hours, Shiba Inu managed to surge by nearly 4%. The asset went from trading at a low of $0.000012 to $0.00001278. At the time of writing, the meme coin was trading at $0.00001271. Even though March was a difficult month for SHIB, it managed to rise to a high of $0.00001561. Since SHIB began April on a good note, the market is expecting to see the mme coin soar higher. Source: CoinMarketCap The SHIB market has been extensively focusing o...

Supra, the automated decentralized finance (AutoFi) platform and a Layer 1 (L1) blockchain, has unveiled the nine winners of the first season of the Super dApp Showdown, as per the reports shared with Finbold on Monday, March 31.  The winners were selected for their advancements in decentralized finance (DeFi), gaming decentralized finance (GameFi), non-fungible tokens (NFTs), etc. Supra’s Super dApp Showdown winners Launched in August 2024, the Super dApp Showdown invited Web3 developers to come up with and deploy Super dApps on Supra’s L1 network.  Picks for you U.S. politician makes super suspicious crypto trade 37 mins ago Crypto market wipes out $100 billion over the weekend 2 hours ago ...

In what is a landmark development for the asset class, the Federal Deposit Insurance Corp. (FDIC) announced that banks can now engage in crypto activities without prior approval. Indeed, a statement released Friday announced an official rescindment of FIL-16-2022, offering new guidance to institutions. The decision shifts the standard for FDIC-supervised banks regarding their digital asset exposure. Within the statement, the US government agency will allow participation in the cryptocurrency sector “provided that they adequately manage associated risks.” JUST IN: FDIC says banks can engage in crypto activities without prior approval. — Watcher.Guru (@WatcherGuru) March 28, 2025 Also Read: Cryptocurrency: 3 Coins Capable Of Making The US A Crypto Powerhouse FDIC Releases New Guidance That Changes How Banks Engage With the Crypto Market Although we are just three months into the year, 2025 has proven to be monumental for the cryptocurrency sector. Specifically, the United Sta...

A whale who previously won big on the Official Trump (TRUMP) memecoin booked a loss on the controversial asset over the weekend, according to the crypto tracker Lookonchain. Lookonchain notes on the social media platform X that the whale spent $5 million worth of Circle’s stablecoin, USDC, to buy TRUMP right after President Donald Trump posted “I LOVE $TRUMP” on his social media platform Truth Social. The whale then sold the TRUMP stash an hour later, booking a $207,000 loss. However, the loss pales in comparison to gains the whale made earlier this year when it spent 1.09 million USDC to buy 5.97 million TRUMP and booked a $108 million profit, according to Lookonchain. The president launched the Official Trump memecoin in mid-January, days before he took office. The asset has generated controversy in and out of crypto circles, raising questions of corruption in an already heavily questioned administration. Even Ethereum (ETH) founder Vitalik Buterin said ...

Pi Network (PI) is facing a substantial price correction. The asset experienced a surge in popularity and price over the last few months. PI even entered the top 20 projects by market cap. The rally seems to have been short-lived. PI’s price is down 0.7% in the daily charts, 28.8% in the weekly charts, 50.9% in the 14-day charts, and 47.2% over the previous month. Also Read: Pepe (PEPE) & DogWifHat (WIF) Price Prediction For April 2025 Source: CoinGecko Pi Network Faces Correction Amid Market Resurgence Source: CryptoSlate The cryptocurrency market made a slight recovery on Wednesday, Mar. 26. Bitcoin (BTC) briefly reclaimed the $88,000 level. BTC’s price has since dipped to $87,000. Other assets also made slight recoveries. PI, on the other hand, has faced a significant price dip. The asset hit an all-time high of $2.99 on Feb 26. Since its February highs, PI’s price has fallen by nearly 72%. Also Read: Ripple Prediction: XRP Price 6 Months From Now The recent market ...

The OG meme cryptocurrency Dogecoin (DOGE) was the star of the show with its latest price change. Throughout the past 24 hours, the meme coin went from trading at a low of $0.183 all the way to a high of $0.2033. This marked an 11% increase during this period. While several assets in the market were seen rising, Dogecoin was the top performer of the day. DOGE’s uptick was unmatched. At the time of writing, the asset was trading at a high of $0.2032. Source: CoinMarketCap Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! A Look At Dogecoin’s 2024 Journey Source: Watcher Guru 2024 will go down as one of the best years for the cryptocurrency industry. Several assets managed to surge to notable peaks. While Dogecoin wasn’t that lucky, the meme coin still recorded a 92% rise throughout the year. The asset started the year at a low of $0.1629 before rising to a high of $0.3134 before the year ended. It should also be noted that DOGE surged all t...

The CME group is partnering with Google Cloud to introduce tokenization technology to enhance capital market efficiency using Google Cloud’s new universal ledger. CME has already successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL). JUST IN: CME Group partners with Google Cloud to explore tokenization and enhance capital market efficiency. — Watcher.Guru (@WatcherGuru) March 25, 2025 “As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value,” said Terry Duffy, CME’s Group Chairman and Chief Executive Officer. “Google Cloud Universal Ledger has the potential to deliver significant efficiencies for collateral, margin, settlement, and fee payments as the world moves toward 24/7 trading.” “Our core mission is to...

When President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve (SBR), he ordered David Sacks to assemble a team and plan to buy bitcoin (BTC) for the nation. Sacks’ top appointee, Executive Director of the President’s Council of Advisers Bo Hines, thinks one mechanism for buying BTC is selling gold. Hines called the proposed move a “budget-neutral” way to acquire BTC. The claim that the US should sell its gold sparked immediate debate. Not only does gold have over 5,000 years of history as a sovereign store of value, the metal is a dominant asset on central bankers’ balance sheets. Hines thinks the US may legally sell BTC through at least three methods . The first method is democratically clear: Congressional authorization. In the US, Congress approves the federal budget and has constitutional authority to allocate resources.  One bill among many that is slowly working its way through Congress, Senator Cynthia Lummis’ (R-Wyoming)...

There is no doubt that the stock market has wreaked havoc on a host of US companies this year. The downturn has seen many lose out on significant funds, but there is a continued push to shift this as the bull market stands on the horizon. Among the companies taking this approach is Apple (AAPL), which recently shifted spending amid a $1 billion loss as the stock looks to break through the $300 mark. There are few companies that are as popular or successful as Apple. Indeed, its wide range of products has propelled its user base and created one of the most prominent brands the tech space has ever known. Yet, one facet of the business is proving to be a financial detriment. But could recent action change that for the better? Source: smartprix.com Also Read: Apple (AAPL) AI to Determine Stock Ceiling: Will It Hit $320? Apple Takes Major Move as $1 Billion Loss Arrises: Can Stock Benefit? Entering this year, Apple was poised to face some significant challenges. It was forced to cope with t...

November 6, 2024, was a glorious day for Bitcoin (BTC) investors. Donald Trump’s re-election created as many as 11,000 new BTC millionaires and created tailwinds that rippled through the stock and cryptocurrency markets for months. However, Donald Trump’s return to the White House has thus far had the opposite effect: Within a single month, 22,000 Bitcoin millionaire addresses were lost.  Finbold research found that the situation had only grown worse by March 21, with the number of BTC millionaires falling by 32,647 since January 21. Notably, there are now 18.51% fewer Bitcoin millionaire addresses than when Trump was inaugurated, and the losses thus far wiped out an average of 544 millionaires daily. Bitcoin millionaire addresses from 176,364 to 143,717 in two months Examining the details reveals that on January 21 – the first Monday after the inauguration – 157,563 Bitcoin addresses owned between $1 million and $9.99 mill...

In what is an important move for both the platform and the cryptocurrency, Coinbase has officially become Ethereum’s largest node operator. Indeed, the crypto exchange officially operates 120,000 validators, controlling more than 11.4% of total staked Ethereum, according to its first Ethereum Validator Performance Report. Additionally, the platform reports 99.75% validator participation and uptime. Indeed, it verifies the vital place that the platform plays in the overall ETH ecosystem. However, there are some concerns being raised by users regarding the concentration of the stake to a single entity. Source: AscendEx Also Read: Coinbase (COIN) Gets $310 Target From Bernstein Amid US Crypto Push Coinbase Controls 11.42% of all Staked Ethereum According to New Report It has certainly been a difficult year so far for Ethereum. Just this month, Standard Chartered revised its price target for ETH, slicing it by more than 60%. Additionally, it has failed to gain any sort of momentum ami...