Tensions are heating up between India and Pakistan, following the former’s recent missile attack on the latter. This development is significant considering how it could negatively impact the crypto market, as war brings about market uncertainty.
India Retaliates Against Pakistan With Missile Attacks
According to a CNN report, India has launched a military operation against Pakistan, striking “terrorist infrastructure” in both Pakistan and the country’s administered Kashmir. According to the Indian Ministry of Defense, these steps come in the wake of the barbaric Pahalgam terrorist attack, which killed 25 Indians and one Nepali citizen.
The statement also stated that the attacks were focused, measured, and non-escalatory in nature, as no Pakistani military bases were targeted. However, Pakistan claimed that the strikes killed three civilians and injured twelve others.
Pakistani military spokesperson Ahmed Sharif Chaudhry made it clear that they plan to retaliate, which will further escalate tensions. Pakistan’s prime minister also stated that they are responding to India’s attack. The country has allegedly already shot down two Indian jets in retaliation for strikes on its “territory.”
Meanwhile, in an X post, the Indian army stated that Pakistan has again violated the ceasefire agreement by firing artillery in Bhimber Gali in the Poonch-Rajauri area. The army remarked that they are responding appropriately in a “calibrated manner.”
This development could significantly impact the crypto market, possibly leading to a crash. Following the attacks, the Bitcoin price sharply dropped below $95,000.
Crypto analyst Crypto TA King noted how a full-blown war could harm the market. Analyst Crypto King also predicted this could be a red market week, unless the India-Pakistan attacks settle.
Meanwhile, US President Donald Trump commented on the attack, stating that he hopes it ends quickly. The missile strikes comes just a day after India made big concessions in Trump’s trade war, another external factors which continues to hinder a crypto market rally to new highs.
An Ethereum whale has captured the attention of the crypto market this Friday as it made notable changes in its crypto portfolio. On-chain whale statistics have revealed that a large-scale investor dumped $2 million worth of ETH, thereby diversifying investment into 3 other tokens.
These 3 tokens, namely, AERO, AIXBT, and VIRTUAL, are now on traders’ watchlists amid increased buying and rising price trajectories.
Ethereum Whale Shifts Focus To AERO, AIXBT, VIRTUAL
Onchain Lens’ X post on May 2 revealed that an Ethereum whale dumped 1,185 ETH, worth $2.11 million, in exchange for USDC. This investor has then moved on to purchase 2.92 million AERO, 3.34 million AIXBT, and 6,800 VIRTUAL with the recently swapped USDC.
Subsequently, data indicated that this whale again swapped 2.44 million AERO for 996,566 VIRTUAL tokens. It now holds 1,003,366 VIRTUAL, echoing a market buzz as the crypto is currently on a massive price rally.
Interestingly, broader market sentiments about VIRTUAL have taken a paradigm bullish shift. VIRTUAL price is trading now at $1.64 as of reporting, surging by a staggering 100% over the week. The coin has further extended its intraday gains to over 2% in tandem with the Ethereum whale’s shift in position.
Ethereum’s Struggles Continue
ETH price, however, has managed to gain only 3% over the week, remaining undermined by the recent market trends. The second-largest crypto by market cap has exchanged hands at $1,825 at the time of reporting.
Conversely, even AIXBT price overtook ETH price in terms of weekly gains, surging 57% to $0.1938. The coin witnessed a 13% intraday pump, in sync with the massive accumulation by the ETH whale. Lastly, Aerodrome Finance (AERO) price also overshadowed Ethereum’s weekly gains, up 16% to $0.6658. These broader rising price actions have kindled further optimism for the three tokens.
Crypto market participants are now left anticipating if these three coins could gain further in light of the increased buying and a broader bullish outlook market-wide. On the other hand, Ethereum whale dumps continue to be on the rise, as per a CoinGape report, presenting as another concerning factor for the token.
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TRUMP price could reach a high of $27.92 in 2025.
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Year
Potential Low
Potential Average
Potential High
2025
$9.31
$18.62
$27.92
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Trump Coin Price Chart 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
13.97
27.93
41.88
2027
20.96
41.90
62.82
2028
31.44
62.85
94.23
2029
47.16
94.28
141.35
2030
70.74
141.42
212.02
Trump Meme Coin Price Prediction 2026
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Trump Coin Prediction 2027
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Trump Crypto Price Target 2028
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Trump Coin Price Analysis 2029
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Trump Price Prediction 2030
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Year
Potential Low
Potential Average
Potential High
2025
$9.31
$18.62
$27.92
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FAQs
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The post TRUMP Meme Coin Price Prediction 2025, 2026 – 2030: Will $TRUMP Price Hit $50? appeared first on Coinpedia Fintech News
Story Highlights The live price of the TRUMP crypto is . TRUMP price could reach a high of $27.92 in 2025. With a potential surge, the TRUMP coin price may reach $212.02 by 2030. Built on the Solana ecosystem, the TRUMP Coin has caused havoc in the crypto space. Reportedly, this meme coin takes its …
Plans for the smooth sailing of fresh stablecoin regulation have hit a curb following a group of Congressmen’s decision to withdraw their support. US senators are rejecting the GENIUS Act in its current form in a move that can derail the outcome of a final vote.
10 US Senators Will Not Vote In Favor Of The GENIUS Act
According to an X post by cryptocurrency journalist Eleanor Terrett, a group of US senators are poking holes in The Guiding And Establishing National Innovation For US Stablecoins (GENIUS Act) over its provisions. The senators, led by Ruben Gallego, have issued a joint statement criticizing the updated text of the stablecoin regulation.
Per the Congressmen, the GENIUS Act requires tighter provisions on anti-money laundering and national security guardrails. Furthermore, the group is pushing for additional provisions to protect the local financial ecosystem from undue disruptions.
The senators are raising concerns over the lack of clarity of foreign stablecoin issuers and the potential threat to national security. Finally, the joint statement takes swipes at the absence of stiff penalties for issuers that fail to meet the standards of the GENIUS Act.
A previous Coingape report notes that US senators will vote for the GENIUS Act before May 26. However, the senators will not vote for the bill in its current form unless the provisions are modified.
“While we are eager to continue working with our colleagues to address these issues, we would be unable to vote for cloture should the current version of the bill come to the floor.
Stablecoin Issuers May Face Disruption To Their Compliance Plans
While it seemed that the GENIUS Act was hurtling toward full approval, the joint statement by the group of senators complicated matters. For starters, there is a possibility that the dissent may grow, potentially affecting the voting outcomes and triggering a delay.
Bo Hines has previously predicted the rollout of stablecoin regulation before June, but fresh dissent could prolong the passage. If the bill fails to pass the House vote, there is the potential for reconsideration after fresh amendments.
Stablecoin issuers will be the hardest hit, with the delay affecting their short-term and mid-term plans. Ahead of incoming stablecoin regulation, Tether has unveiled plans to release a stablecoin for US users, going head-to-head with the USD1 stablecoin.
Amid the absence of regulatory clarity, Ripple has paused minting RLUSD stablecoins after crossing the $300 million market capitalization mark. A delay to the timeline of the GENIUS Act will affect the listing of WLFI’s USD1 stablecoin on centralized exchanges.
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