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Ripple and the SEC are nearing a settlement in their lengthy legal battle, with a joint motion to pause appeals. While a resolution is likely, XRP’s price remains unaffected.
Babylon's BABY token debuted with a price spike that quickly vanished, likely due to lingering concerns from its controversial airdrop and recent market instability.
Bitwise has reiterated its optimistic Bitcoin forecast, maintaining a $200,000 price target for 2025 despite increasing global trade tensions.
Hedera leads the crypto pack with a 14% surge as key indicators flash bullish, but resistance and cloud structure may test the rally’s strength.
Altcoins are rebounding post-tariff pause, with XRP, HYPE, and ONDO standing out thanks to regulatory shifts, revenue gains, and RWA growth.
- 16:44Fed Officials Hint at "Rate Cut," U.S. Stocks Rise IntradayAccording to Jinse, on Thursday, U.S. stocks rose intraday, with the Nasdaq at one point climbing over 2% and the S&P 500 rising nearly 1.5%. The volatility index VIX hovered around 27. President Trump seemed to be reassessing some of his more aggressive stances on trade and the Federal Reserve. "Since the market has reclaimed a significant portion of its losses, it can begin to extend this momentum," said David Laut, Chief Investment Officer at Abound Financial. "While the market's recovery won't be a straight line, it is encouraging to see the market begin to price in a post-tariff environment." Bets that the Federal Reserve will cut rates sooner than expected buoyed the stock market. Fed Governor Waller stated that he would support a rate cut if tariffs lead to job losses. Meanwhile, Cleveland Fed President Mester indicated that officials could take action as early as June if there is clear evidence of economic trends.
- 16:44U.S. SEC Delays Decision on Grayscale Spot DOT ETF ApplicationAccording to market news, the U.S. SEC has delayed the decision on the Grayscale Spot Polkadot (DOT) ETF application.
- 16:43Atlanta Fed GDPNow Model Estimates U.S. First Quarter GDP Growth at -2.5%The Atlanta Fed GDPNow model estimates U.S. first quarter GDP growth at -2.5%, previously estimated at -2.2%.