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XRP faced intense selling pressure this week, plunging below the critical $2 mark amid broader market panic triggered by President Donald Trump’s sweeping global tariff announcement. The sharp downturn on April 2 led to a 5.63% drop in XRP’s price, contributing to a wider cryptocurrency market sell-off that erased more than $140 billion in value. XRP one-day price chart. Source: Finbold Despite the steep decline, XRP managed to stage a modest rebound, rising nearly 3% intraday to trade at $2.06 at press time.  The recovery comes amid early signs of market recovery and coincides with the Senate Banking Committee’s advancement of Paul Atkins’ nomination to head the U.S. Securities and Exchange Commission (SEC). XRP at risk of breakdown to $1.30 Despite a short-term recovery, analysts warn that XRP remains vulnerable to a significant downward move.  The token is flashing a major technical red flag after decisively breaking below the $2 neckline of a he...

First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun.  In the statement, First Digital claims that “every FDUSD is securely backed 1:1 by cash and cash equivalents” and adds that the firm “remains fully solvent.” Additionally, First Digital denies “any and all claims of FDT being involved in a coordinated scheme or misappropriation of funds.” First Digital stands firm: Justin Sun’s baseless accusations won’t distract from Techteryx’s own failures— our stablecoin FDUSD remains fully backed and solvent. Read our official statement. pic.twitter.com/FndxX1mCCg — First Digital (@FirstDigitalHQ) April 3, 2025 First Digital is responding to Sun and Techteryx’s (the firm behind TrueUSD) claims that First Digital had misappropriated the vast majority of TrueUSD reserves .   This portion of the reserves, currently totaling over $500 mi...

The US stock market has continued its early 2025 struggles as companies look to position themselves to benefit from an inevitable turnaround. Among them is Amazon (AMZN), which has announced a new expansion to its AI push that has the stock hoping it could put an end to its 8-week losing streak. The company is firmly entrenched as a top stock in both the AI and cloud-computing sectors. Indeed, this most recent development will see it look to increase competition with the former, as it seeks to shrug off early-year losses likely connected to the impending tariffs planned by US President Donald Trump. Source: Forbes Also Read: Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound? Amazon Targeted Increased AI Push: Can It Overcome Market Downturn? April 2nd has been lauded by President Trump as America’s ‘Liberation Day.’ Specifically, it will see the nation integrate an aggressive economic policy that issues reciprocal tariffs on a host of nations. The ef...

New York, USA  DRML Miner, an AI-driven cloud mining platform, is now offering a limited-time $10 login mining bonus to new users. The program is designed to lower the barrier to entry for cryptocurrency enthusiasts and provide a seamless, cost-effective way to start earning Bitcoin through cloud mining. The appeal of new energy cloud mining Cloud mining has long been a favorite among cryptocurrency enthusiasts due to its ease of use and convenience. Unlike traditional mining, it does not require expensive hardware, technical expertise, or constant monitoring. Cloud mining simplifies the process and allows anyone, regardless of experience, to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing a complex setup, users can rent mining algorithms from a remote data center and receive a share of the profits generated. DRML Miner :  A combination of laziness and profit DRML Miner takes the simplicity of clou...

The cryptocurrency industry witnesses the arrival of a plethora of new assets on a daily basis. While some manage to slowly build and bring in gains for their investors, a few others are mere pump-and-dump schemes. Pi Coin (PI) is a fairly new asset that caused an uproar in the market for its massive rise after its launch. The asset managed to rise to an all-time high of $2.98 just days after it was rolled out. But currently, the altcoin is trading 75% below this peak and is also closer to its all-time high. The real question is if April can bring in notable changes in the price of this cryptocurrency. Also Read: De-Dollarization: Countries Look For Payments Without US Dollar Has Pi Coin Started Its Recovery Journey? Source: The Network Journal The entire cryptocurrency market was seen entering the first day of the second quarter on a high note. Several assets were pocketing notable gains during this period. At the time of writing, Pi Coin was trading at $0.7182. This comes after the a...