Just-In: Donald Trump Claims US Way Ahead Of China In Crypto

Monicah W

Just-In: Donald Trump Claims US Way Ahead Of China In Crypto

In line with President Donald Trump’s vision to turn America into a crypto capital, he has asserted the country’s dominance over China in digital assets. Amid the US-China trade deal tensions, Trump claimed, “We’re leading China in crypto.”

Notably, this critical statement comes amid the US’s increasing efforts to establish Bitcoin as a national reserve. This revelation takes the US-China rivalry to a new level, with the focus shifting from trade wars to crypto supremacy.

US Takes Crypto Lead Over China, Says Donald Trump

Reportedly, the US holds around 198,012 BTC ($20.56 billion), primarily acquired through seizures related to cybercrime and enforcement actions. China closely follows, boasting a total of almost 190,000 BTC worth around $19.7 billion.

Crypto commentator Altcoin Gordon was among the first to report Donald Trump’s critical statement on the US’s crypto dominance over China.

It is noteworthy that the US and China are approaching Bitcoin dominance differently. While the US through strategic acquisitions and seizures, China leverages its control over the underlying tech infrastructure.

Focus Shifts from Trade Deal to Crypto Dominance

Significantly, all eyes have been on the US-China trade war over the past few weeks. The crypto market has been substantially impacted by the escalating tensions between the two countries. Although the market experienced a major correction following Trump’s tariff announcement, crypto prices rebounded with the recent easing plan.

Now, the anxiety concentrates on another major concern that aligns with Donald Trump’s “crypto capital” vision. With the country’s existing crypto holdings, the government is planning to adopt a Bitcoin reserve. Meanwhile, China is also actively exploring the possibilities of embracing a BTC reserve.

How Did Crypto Market Respond to Donald Trump’s Revelation?

The crypto market has been experiencing a wild ride over the past week, with key tokens facing severe fluctuations. In addition to the growing anxiety surrounding the US-China trade deal, the US-UK agreement has also contributed to the crypto market’s recent movements.

Despite its notable correction yesterday, the market rebounded today to reach $3.34 trillion. Following Trump’s statement on the US dominance in crypto holdings over China, the crypto market saw a marginal 0.7% increase.

The post Just-In: Donald Trump Claims US Way Ahead Of China In Crypto appeared first on CoinGape.

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CME Group to Launch XRP Futures in May; Here’s What to Expect from the XRP Price Rally 

XRP Price Analysis Bullish Momentum Builds with Ripple’s $1.25B Acquisition

The post CME Group to Launch XRP Futures in May; Here’s What to Expect from the XRP Price Rally  appeared first on Coinpedia Fintech News

Compared to the other cryptos, XRP has been displaying enormous strength as the bulls have been defending the support. The latest rebound from the support at $1.8 suggested the strong presence of the bulls. As a result, the token is believed to revive a strong upswing in the coming days with a decent rise in the buying volume. Moreover, a couple of bullish events are expected to be a strong catalyst in triggering an XRP bull run. 

The race for the spot ETFS has been extensive, as the recent data shows more than 70 ETF applications eyeing approval from the SEC. Among them are a couple of XRP ETFS, which are expected to get approved. Besides, the latest rounds of the Chicago Mercantile Exchange (CME) group are expanding crypto derivatives with the launch of XRP futures this May. Moreover, Ripple’s CEO recently confirmed an agreement with the SEC staff to dismiss the lawsuit, while the $125M fine is reportedly being refunded. 

With all these positive developments, the price of XRP is expected to be positively impacted, which has been stuck just above $2. Although the resistance has been falling significantly, the trade setup points towards a breakout, probably before the end of the week. 

Although the price is stuck within a descending triangle, the bulls are trying hard to breach above the resistance. The previous attempt was supported by a huge bullish candle but unfortunately followed by a major pullback, which prevailed until the bottoms below $1.75 offered a base. However, the latest rise is a consolidated one, with the rally forming constant higher highs and lows, highlighting the growing strength of the bulls. 

On the other hand, the RSI has risen above the descending trend line, flashing major bullish signals. Therefore, the XRP price is believed to hold the resistance of the triangle and trigger a rebound to enter the resistance zone between $2.55 and $2.62. However, the bulls are required to pour in excess liquidity to initiate this move, which may further push the price towards $2.8. 

The XRP price is back in the game, and this might just be the real beginning of something very big. While most of the eyes are glued to Bitcoin and Ethereum, the XRP price is quietly gaining momentum that may further outpower the top ones. The next big test for the token could be around $2.5, and a breakout from here could send it into a full discovery mode. 

The post CME Group to Launch XRP Futures in May; Here’s What to Expect from the XRP Price Rally  appeared first on Coinpedia Fintech News
Compared to the other cryptos, XRP has been displaying enormous strength as the bulls have been defending the support. The latest rebound from the support at $1.8 suggested the strong presence of the bulls. As a result, the token is believed to revive a strong upswing in the coming days with a decent rise in …

Virtual Protocol (VIRTUAL) Soars 195% In April: Will The Rally Continue Or Face a Pullback?

Virtual Protocol

The post Virtual Protocol (VIRTUAL) Soars 195% In April: Will The Rally Continue Or Face a Pullback? appeared first on Coinpedia Fintech News

  • Virtuals Protocol became the top-performing coin of the month and week, with gains of nearly 195% and 150%, respectively
  • Virtuals Protocol’s market cap surged 156.29% in April, crossing the $1 billion mark
  • Daily active wallets on Base Network dropped 84.9% from January highs, & Solana saw a 79.3% decline, showing reduced user activity despite price gains.
  • The RSI hit 84.75 and MACD shows a bullish crossover, as traders eye $2.00–$2.20 as a key zone for potential correction or breakout.
  • DEX volume rose 683% in two weeks to $27.6M but remains 89.7% below January’s peak of $267.5M, reflecting low market depth.

Virtual Protocol, $VIRTUAL coin is trading at $1.73, with a market cap of $1.13B and a 24-hour trading volume of $652.85M, reflecting a 32.66% increase in price and a 98.70% surge in volume.

From Hype to Hold: Virtual Agent Creation Hits a Plateau After Early Surge

Looking at the “AI Agents Created (Cumulative)” chart, we can see that demand for creating AI agents in the Virtual Ecosystem has cooled off over time. After a rapid spike from 68 agents in October to 16K agents by mid-January — a rise within just 3 months — the numbers have since plateaued, holding steady between 16K and 17,695 agents for the past 4 months.

This indicates that while there was an initial FOMO-driven rush, possibly fueled by hype or speculation, the market has now settled into a consolidation phase.

Virtual Protocol Sees Sharp Drop in Daily Active Wallets Despite Expansion to Solana

Virtuals Protocol, has seen a steep decline in user engagement, measured by daily active wallets (DAWs), despite expanding from Coinbase’s Base chain to Solana.

On January 2, 2025, the protocol recorded its peak activity with 58,641 DAWs on Base and 2,562 on Solana, totaling 58,641. However, by April 20, DAWs had dropped over 61% to 22,315 on Base and 241 on Solana—totalling 22,556, Making it  a two-month high.

The decline continued through April 30, with DAWs falling to just 8,328 on Base and 529 on Solana, amounting to 8,857 users—a sharp 84.9% drop from the January peak.

Virtuals Protocol Sees 200% Price Jump, But DEX Volume Remains Weak

Despite a 200% price rally over the past two weeks, Virtuals Protocol’s trading volume on decentralized exchanges shows only a modest recovery.

On April 16, 2025, total DEX volume was $3.52 million — $3.29M on Base and $229K on Solana. Two weeks later, on April 29, volume rose to $27.6 million, with $26.4M on Base and $1.17M on Solana.

While this marks a 683% jump in volume, it’s still nearly 90% lower than the January peak of $267.5 million — signaling weak market participation despite the price hype.

Parabolic Surge in VIRTUALUSD Nearing Exhaustion: Key Profit Zone Ahead for Crypto Traders

Looking at the VIRTUALUSD chart and its on-chain behaviour, the asset is displaying a classic parabolic curve structure, with three completed bases fueling a sharp vertical rally. This began around April 10, breaking Base 1 ($0.60), Base 2 ($1.10), and Base 3 (~$1.40) to reach a high of $1.97 by May 1. This aggressive upside suggests the market is entering the Final pump, where $2.00–$2.20 is the projected Sell Point.

This Sell Point is a crucial level to watch—not only due to technical exhaustion, but because RSI is now extremely overbought at 84.75, signalling that price may soon reverse or consolidate. Additionally, the MACD continues to show a strong bullish crossover with widening histogram bars, confirming momentum, but the angle is steep, indicating a possible cooldown ahead.

If the parabolic rally sustains, VIRTUALUSD could reach its previous high of $2.60 by MAy 1st week. However, a failure to break $2.20 could trigger a healthy retracement to support levels at $1.40 and $1.10. Traders should monitor volume and momentum closely while managing profit-taking strategies near the peak zone.

The post Virtual Protocol (VIRTUAL) Soars 195% In April: Will The Rally Continue Or Face a Pullback? appeared first on Coinpedia Fintech News
Virtuals Protocol became the top-performing coin of the month and week, with gains of nearly 195% and 150%, respectively Virtuals Protocol’s market cap surged 156.29% in April, crossing the $1 billion mark Daily active wallets on Base Network dropped 84.9% from January highs, & Solana saw a 79.3% decline, showing reduced user activity despite price …

New USDi Stablecoin To be Pegged Against US CPI and Inflation Data

A group of veteran derivatives and FX traders in the US are launching USDi, a stablecoin designed to adjust its price in line with inflation. Its value will change regularly based on Consumer Price Index (CPI) data and the performance of Treasury Inflation-Protected Securities (TIPS).

Founder Michael Ashton aims to offer an asset that maintains purchasing power by minimizing exposure to inflation risk. However, with intense competition in the stablecoin market, USDi will need strong early traction to carve out its place.

A Stablecoin To Beat Inflation?

Stablecoins are in the spotlight right now, with friendly US regulation spurring a potential boom in trading volumes. Given the current pro-regulatory environment in the US and growing adoption, many new players are innovating.

Today, derivatives trader Michael Ashton announced USDi, a stablecoin built to fight inflation.

“The riskless asset doesn’t actually currently exist, and that’s inflation-linked cash. Holding cash is an option on future opportunities, and the cost of that option is inflation. If you create inflation-linked cash, that’s the end of the risk line,” Ashton claimed.

Investors have been using crypto to hedge against inflation for years, but USDi is a novel approach to the problem. Ashton joined two co-founders, an FX veteran, and a technical specialist, to create the firm USDi Partners LLC.

USDi is a stablecoin that is correlated with the dollar but isn’t pegged to it. Instead, it will loosely orbit the dollar, but its value will fluctuate alongside US inflation.

That prospect may seem convoluted, but a simple system defines the stablecoin’s value. Essentially, Ashton claimed that USDi would rise in accordance with regular CPI reports, calculating the total inflation since a predetermined start date.

This date is December 2024, so it’s still quite close to the dollar. Today, for example, USDi’s price is $1.00863.

The novel stablecoin is inspired by the Treasury Inflation-Protected Securities (TIPS), a government bond designed to protect against inflation. Since CPI reports only happen once per month, Ashton will adjust USDi’s price in accordance with more frequent data used by TIPS investors.

To maintain this system, Ashton will manage a fund that acts as the stablecoin’s reserves. USDi Partners will mint and burn tokens according to the daily level of inflation, plus a small transaction fee.

Only accredited investors can partake in the initial launch, but USDi Partners hasn’t announced an official release date.

In short, USDi seems like a unique approach to the crypto economy, but the stablecoin market is full of competition. Ideally, Ashton and his co-founders will be able to get some early traction to get this project off the ground.

If it proves successful, it can help demonstrate the versatility of crypto’s practical applications.

The post New USDi Stablecoin To be Pegged Against US CPI and Inflation Data appeared first on BeInCrypto.