World Liberty Announces Strategic Acquisition of Official Trump ($TRUMP) and the Closure of Trump Meme Wallet

The European Central Bank (ECB) has recently taken the stage to warn against Trump’s crypto push, claiming it could stifle the European economy. Primarily, the ECB has questioned whether the current MiCA regulations are ample enough to cushion the blow caused by financial spillover effects due to Trump’s support for cryptocurrencies.

However, the European Commission has dismissed the central bank’s alarming remarks, deeming it to be an overexaggerated concern. In turn, the Commission has argued that the ECB itself misunderstood the EU’s rules, sparking a flurry of discussions nationwide.

European Central Bank Claims Trump’s Pro-Crypto Push Can Impact Europe’s Economy, Commission Says Otherwise

According to a recent Politico report, the European Central Bank and Commission are tussling over whether the current MiCA regulations are enough to negate the blow caused by Trump’s pro-crypto usher. While the ECB thinks that America’s pro-crypto stance could risk causing financial “contagion” and blow up Europe’s economy, the Commission is in a snub.

The Commission primarily believes that the current MiCA regulations, which were introduced in 2023, provide sufficient safeguards that could mitigate potential losses caused by Trump’s pro-crypto push. While the ECB argued that legislative changes are a must, the EC took a contrary stand on the matter.

What’s The Point Of Contention?

CoinGape found that the point of contention remains about the potential challenges that Trump’s USD stablecoin expansion saga could bring into the Eurozone, negatively impacting its financial sovereignty. A majority of the stablecoin projects are denominated in American dollars, risking the nation’s traditional currencies.

To mitigate such risks, the ECB looks forward to making some legislative changes to the MiCA regulations. However, the EC believes that the current set of standards is enough to reduce the risk of foreign currency pegged stablecoins. As a result, both parties ended up in a squabble surrounding the impact of Trump’s crypto push on Europe’s economy.

The scuffle initially kicked off on April 14, when top EU government officials held discussions over the risks of US crypto assets on the nation’s financial stability. The European Central Bank’s claims were primarily dismissed by EU officials and most governments in the end.

However, it’s worth pointing out that the central banking authority cannot be seen completely wrong, as it has always pushed for the betterment of traditional and digital assets in Europe. Intriguingly, CoinGape recently reported that the ECB advanced with digital Euro plans to counter U.S. stablecoins, another move to preserve financial sovereignty.

The post European Central Bank Claims Trump’s Crypto Push to Impact Europe Economy appeared first on CoinGape.

The post Cardone Capital Eyes Bitcoin with Over 1,000 BTC Purchase Plan appeared first on Coinpedia Fintech News

Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, Cardone Capital joins other major institutions recognizing Bitcoin as a long-term store of value and a hedge against traditional market volatility.

The post Cardone Capital Eyes Bitcoin with Over 1,000 BTC Purchase Plan appeared first on Coinpedia Fintech News
Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, …

The post Here’s When Altcoins Will Rally appeared first on Coinpedia Fintech News

Crypto markets started the week with a bullish tone on Monday, with Bitcoin trading above $94,000. Bitcoin is increasingly gaining recognition as a safe asset, similar to gold or the US dollar. NYDIG Research pointed out that Bitcoin is shifting from a speculative investment to a reliable store of value, especially after the introduction of US trade tariffs.

XRP Leads Major Altcoin Gains

Coming to altcoins, XRP led the major gains, rising almost 8%, driven by the approval of a ProShares ETF, which will see three futures-tracked products go live on April 30. Cardano’s ADA gained more than 3%, while BNB Chain’s BNB added just 1%. Ether remained neutral. Solana was also up over 1%, while SUI made gains of over 4% in the past day.

Monero (XMR), however, saw an unexpected surge, soaring over 40% to hit $371. Currently, it’s trading at $268, up 17% in the last 24 hours.

When Will Altcoins Rally? Analysts Share Predictions

Arthur Hayes, in a recent blog post, shared that he expects altcoins to start gaining momentum once Bitcoin breaks its previous all-time high of $110,000; it could surge further, potentially nearing $200,000. However, he warned that not all altcoins will perform well during the potential altcoin season.

Analyst Moustache believes that the biggest part of the altcoin rally is yet to come. He thinks the worst is now over and expects many green candles going forward. Crypto Rover highlighted that altcoins are breaking out of a 140-day downtrend. He noted that this could signal the start of a massive utility season ahead.

Analyst Wimar.X predicts that the biggest altcoin season in history is about to begin, with altcoins forming a triple-bottom pattern, hinting at a potential parabolic rally. He expects that the total altcoin market cap could reach $15 trillion during this cycle, although such predictions come with significant risks due to the volatile nature of crypto markets.

• Also Read :
•   Congress Struggles to Meet Trump’s August Deadline for U.S. Crypto Regulation
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Altcoin Index Stands At 18

Bitcoin is currently the dominant force in the market, holding 63.4% of the total market share. Altcoins are struggling, with their overall market strength at just 18 according to CoinMarketCap’s Altcoin Index. This suggests that Bitcoin is leading the market, and an altcoin rally may still be far away.

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The post Here’s When Altcoins Will Rally appeared first on Coinpedia Fintech News
Crypto markets started the week with a bullish tone on Monday, with Bitcoin trading above $94,000. Bitcoin is increasingly gaining recognition as a safe asset, similar to gold or the US dollar. NYDIG Research pointed out that Bitcoin is shifting from a speculative investment to a reliable store of value, especially after the introduction of …