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US growth figure expected to make for tough reading for Trump

WASHINGTON, United States — US GDP figures for the first quarter are expected to show a sharp drop-off in growth — and possibly even a recession — reflecting a surge in imports before President Donald Trump’s sweeping tariffs came into effect. “It’s going to be a pretty dramatic slowdown from the fourth quarter,” Moody’s Analytics economist

Economy Neutral

Bessent says no US trade deal is done until Trump announces it

Government Negative

Trump set to soften auto tariffs after industry pushback

WASHINGTON: U.S. President Donald Trump on Tuesday will soften the blow of his auto tariffs through an executive order mixing credits with relief from other levies on parts and materials, after automakers pressed their case with the administration.The changes to Trump’s 25% vehicle tariffs will provide auto companies with credits for up to 15% of the value of vehicles assembled domestically.These could be applied against the value of imported parts, allowing time to bring supply chains back home, a senior administration official said.The official said this would work out to allowing automakers to import duty-free parts worth about 3.75% of the sticker-price value of domestically produced cars they sell in the first year, and 2.5% in the second year.The benefit, retroactive to April 3, phases out in the third year to push companies to move parts production to the U.S.Moreover, autos and parts subject to those tariffs would no longer be subject to Trump’s other tariffs, including 25% duties on Canadian and Mexican goods, 25% levies on steel and aluminum, as well as 10% duties applied to most other countries.The change also extends a duty-free exemption for North American parts that comply with the U.S.-Mexico-Canada trade agreement (USMCA) rules of origin.“If you build your car elsewhere and bring them in on a ship, right, you are going to be at a very, very big disadvantage,” the official said.In the case of the metals tariffs, auto makers would pay either the vehicle tariff or the steel and aluminum tariffs, whichever is higher, the official said.No relief for ChinaA White House official said, however, that the tariff relief would not apply to Chinese parts, which will continue to be subject to Trump’s latest tariffs of at least 145% in addition to any prior duties.Trump was scheduled to travel to the U.S. auto hub of Michigan on Tuesday to mark his first 100 days in office, during which the Republican president has upended the global economic order.The state is home to the Detroit Three automakers and more than 1,000 major auto suppliers.Softening the impact of auto levies is his administration’s latest move to show flexibility on tariffs which have sown turmoil in financial markets, created uncertainty for businesses and sparked fears of a sharp economic slowdown. Trump to reduce impact of auto tariffs, Commerce secretary says The first quarterly report on U.S. gross domestic product covering Trump’s term is due out on Wednesday. It is expected to reflect a large drag from the effect of his tariffs, mostly from a record surge in imports as companies and consumers front-loaded purchases of foreign goods to try to beat the new levies.The economy was forecast to have expanded at just a 0.3% annualized rate from January through March, according to a Reuters poll of economists, down from 2.4% in the final three months of 2024.‘Volatility continues’General Motors, CEO Mary Barra, Ford CEO Jim Farley and Stellantis Chairman John Elkann praised the planned changes ahead of the new order’s signing by Trump.“We believe the president’s leadership is helping level the playing field for companies like GM and allowing us to invest even more in the U.S. economy,” Barra said.Farley said the changes “will help mitigate the impact of tariffs on automakers, suppliers and consumers.” Elkann said Stellantis looked forward to continued collaboration with the Trump administration “to strengthen a competitive American auto industry and stimulate exports.”But the uncertainty unleashed across the auto sector by Trump’s tariffs remained on full display Tuesday when GM pulled its annual forecast even as it reported strong quarterly sales and profit. In an unusual move, the carmaker also opted to delay a scheduled conference call with analysts until later in the week, after the details of tariff changes were known.“Automakers would welcome any exemption, but the volatility continues with the trade policy uncertainty. As we have seen, tariffs can be proposed and revised on short notice. That also doesn’t change the broader business strategy questions facing automakers,” said Lenny LaRocca, KPMG’s U.S. auto industry leader.Last week, a coalition of U.S. auto industry groups urged Trump not to impose 25% tariffs on imported auto parts, warning they would cut vehicle sales and raise prices.Earlier, Trump had said he planned to impose tariffs of 25% on auto parts no later than May 3.“Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect that will lead to higher auto prices for consumers, lower sales at dealerships and will make servicing and repairing vehicles both more expensive and less predictable,” the industry groups said in the letter.The letter from the groups representing GM, Toyota Motor, Volkswagen, Hyundai and others, was sent to U.S. Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent and Commerce’s Lutnick.“Most auto suppliers are not capitalized for an abrupt tariff-induced disruption. Many are already in distress and will face production stoppages, layoffs and bankruptcy,” the letter added, noting “it only takes the failure of one supplier to lead to a shutdown of an automaker’s production line.”

Neutral

Trump eases auto tariffs burden as Lutnick touts one done foreign trade deal

International trade Neutral

Trump Dismisses Biden Nominees to US Holocaust Memorial Council, Including Doug Emhoff

WASHINGTON (AP) — President Donald Trump has dismissed many of former President Joe Biden's nominees to the United States Holocaust Memorial Council, including Doug Emhoff, the husband of former Vice President Kamala Harris.

Politics Negative

Trump fires Kamala Harris's husband from Holocaust board

WASHINGTON, D.C. — US President Donald Trump has removed Doug Emhoff, husband of his former rival Kamala Harris, from the Holocaust Memorial Council board, drawing an angry reaction.Emhoff, who is married to the 2024 Democratic presidential nominee and former vice president, campaigned against anti-Semitism as part of the administration of Joe Biden, who appointed him to the board."Let me be clear: Holocaust remembrance and education should never be politicized," Emhoff, who is Jewish, posted on Tuesday, confirming his dismissal."To turn one of the worst atrocities in history into a wedge issue is dangerous -- and it dishonors the memory of six million Jews murdered by Nazis that this museum was created to preserve."Since taking office, Trump has looked beyond politics to impose his brand of right-wing populism on cultural and educational institutions such as Washington's prestigious Kennedy Center and Harvard University.He has also sought to settle scores with perceived adversaries -- targeting law firms associated with his political foes, such as Emhoff's employer, Willkie Farr & Gallagher.Several other former officials removed from the Holocaust board include Biden's White House chief of staff Ron Klain, domestic policy advisor Susan Rice and an aide to former first lady Jill Biden, The New York Times reported.The White House Presidential Personnel Office sent an email to council members early Tuesday, according to the Times, which read: "(On) behalf of President Donald J. Trump, I am writing to inform you that your position as a member of the United States Holocaust Memorial Council is terminated, effective immediately."The council was established by Congress in 1980 to lead the country in commemorating the Holocaust, launching the Holocaust Memorial Museum in 1993.Emhoff said his commitment to Holocaust remembrance and education, as well as to combating hate and anti-Semitism, remained undiminished."I will continue to speak out, to educate, and to fight hate in all its forms because silence is never an option," he said.

Politics Negative

US threatens to quit Russia-Ukraine effort unless 'concrete proposals'

WASHINGTON, D.C. — Secretary of State Marco Rubio warned Tuesday that the United States would give up on mediation unless Russia and Ukraine put forward "concrete proposals," as US patience wanes on an early priority for Donald Trump.The US president had vowed to end the war in his first 24 hours back in the White House but, as Trump celebrates 100 days in office, Rubio has suggested the administration could soon turn attention to other issues."We are now at a time where concrete proposals need to be delivered by the two parties on how to end this conflict," State Department spokeswoman Tammy Bruce told reporters, in what she said was a message from Rubio."If there is not progress, we will step back as mediators in this process."She said it would ultimately be up to Trump to decide whether to move ahead on diplomacy.Russian President Vladimir Putin recently proposed a three-day ceasefire around Moscow's commemorations next week for the 80th anniversary of the end of World War II.But Putin has rebuffed a Ukrainian-backed US call for a 30-day ceasefire.The United States wants "not a three-day moment so you can celebrate something else -- a complete, durable ceasefire and an end to the conflict," Bruce said.Means of pressure It remains unclear if Rubio is actually ready to turn the page or is seeking to pressure the two countries.The United States already put together a framework proposal which Ukrainians feel bows to Russian demands.Trump has suggested an official recognition of Russia's takeover in 2014 of Crimea, an annexation rejected by nearly all the world, in addition to land swaps."We all want this war to end in a fair way -- with no rewards for Putin, especially no land," Ukrainian President Volodymyr Zelensky told an event in Poland by videoconference on Tuesday.Russia has also not moved on the proposal with many experts believing Moscow now sees an upper hand -- on the battlefield and diplomatically, with Trump eager to reconcile.Russia's ambassador to the United Nations, Vassily Nebenzia, sought to blame Zelensky and said that Russia would keep speaking with the United States.Zelensky "is bent on escalating the conflict. He's recklessly rejecting the United States' balanced peace proposals," Nebenzia told a UN Security Council meeting.US diplomat John Kelley told the session that both sides would benefit from working off the US framework and condemned Russian strikes into Ukraine."Right now, Russia has a great opportunity to achieve a durable peace," Kelley said.Trump, criticizing his predecessor Joe Biden for shunning Putin over the February 2022 invasion, reached out by telephone to the Russian leader and has sent his business friend turned globe-trotting ambassador Steve Witkoff to see him.Trump in turn berated Zelensky in a February 28 White House meeting, with Trump and Vice President JD Vance accusing the wartime leader of ingratitude for US weapons under Biden.Ukraine quickly tried to make amends by backing US diplomatic efforts and pursuing a deal in which the United States would control much of the country's mineral wealth.'Fatally mismanaged' talks US Senator Jeanne Shaheen, the top Democrat on the Senate Foreign Relations Committee, said Tuesday that recognizing "Russia's illegal annexation of Crimea would invite additional aggression from Moscow and Beijing.""I have endeavored to give President Trump the space to negotiate a just and lasting peace in Ukraine, which is a goal we both share," she said."However, President Trump and his team have fatally mismanaged these negotiations -- offering concession after concession to Russia, throwing away our leverage and fracturing the united front with our allies that is critical to ending this war," she said.Ukraine on Tuesday ordered the evacuation of seven villages in the eastern Dnipropetrovsk region which used to be remote from the frontlines but are now under threat as Russian forces close in.Last week a ballistic missile ripped into a residential area of Kyiv in one of the deadliest attacks on the capital since the invasion.Trump, who has claimed that Putin would not have attacked Ukraine if he were in power in 2022, wrote, "Vladimir, STOP," on social media after the attack.

Government Negative

Rubio says concrete Ukraine proposals needed now, or US will step back

Government Neutral

Trump says Putin wants peace in Ukraine

Trump says Putin wants peace in Ukraine

Government Neutral

Trump's approval steady, concerns over economy, immigration rise

Economy Negative

Yamal stardust could give Barca edge on Inter Milan

Now the Catalan giants rely on another generational talent in Lamine Yamal as their 'X-factor' when they host Inter Milan on Wednesday in a semi-final first leg clash.

Soccer Neutral

Djokovic to miss Italian Open

ROME — Record 24-time Grand Slam winner Novak Djokovic will not take part in the Italian Open in Rome from May 7-18, tournament organisers announced Tuesday."Novak Djokovic has announced he won't take part to #IBI25," organisers of the clay court tournament announced on social media.The organizers did not state the reason for 37-year-old Djokovic's withdrawal.The Serb's wait for a 100th ATP title goes on after his withdrawal from the Masters event in the Italian capital which he has won six times, most recently in 2022.His last silverware came at the Paris Olympics last year -- at the site of Roland Garros where the next Grand Slam in the calender will take place from May 26 to June 8.The Belgrade-native's absence from the final main warm-up event to the French Open casts further doubts over his chances of claiming a fourth title at Roland Garros.Indeed, Djokovic is yet to lift a trophy this season after enduring a turbulent start to 2025.Djokovic lost the Miami Open final to Czech teenager Jakub Mensik last month, before suffering early exits on the clay in Monte Carlo and Madrid.He was eliminated from the Madrid Open on Saturday after defeat to Italy's Matteo Arnaldi, which followed on from his loss to Alejandro Tabilo in his opener at the Monte Carlo Masters.Prior to the start of the clay court season, the world number five said he was suffering from the effects of an eye infection, and he has endured a winless run of form as he adapts to the "new reality" of his career."I was hoping I can play one more match than I played in Monte Carlo," Djokovic said after losing in Madrid. "(It's) kind of a new reality for me, I have to say."Trying to win a match or two, not really thinking about getting far in the tournament... It's a completely different feeling from what I had in 20-plus years of professional tennis." Following Djokovic's elimination in the Spanish capital, he hinted it might be his last appearance at the event."It could be (my last appearance). It could be. I'm not sure if I will come back. So, I don't know. I mean, I'll come back, maybe not as a player, of course. I hope it's not, but it could be," Djokovic said.Italian Open organisers added "See you next year, Nole" to their message on social media, but it remains to be seen whether Djokovic will take to the red clay of the Foro Italico in Rome again in his storied career. AFP

Tennis Negative

Novak Djokovic's immediate future ahead of the French Open next month is unclear after withdrawing from the Italian tennis Open

Novak Djokovic's immediate future ahead of the French Open next month is unclear after withdrawing from the Italian tennis Open

Tennis Neutral

Celtics notebook: How rookie inspired Jayson Tatum after wrist injury

"He was like, ‘Yo, rook, that’s tough.’ So he just kept on doing it."

Basketball Neutral

Yamal stardust could give Barca edge on Inter Milan

The teenager, left-footed but operating on the right flank with freedom to roam, as Messi did for many years, is what gives Hansi Flick's brilliant Barca their edge.

Soccer Positive

Djokovic withdraws from Italian Open

Record 24-time Grand Slam winner Novak Djokovic will not take part in the Italian Open in Rome from May 7-18, tournament organisers announced Tuesday."Novak Djokovic has announced he won't take part to #IBI25," organisers of the clay court tournament announced on social media.The organisers did not state the reason for 37-year-old Djokovic's withdrawal.The Serb's wait for a 100th ATP title goes on after his withdrawal from the Masters event in the Italian capital which he has won six times, most recently in 2022.His last silverware came at the Paris Olympics last year – at the site of Roland Garros where the next Grand Slam in the calender will take place from May 26 to June 8.The Belgrade-native's absence from the final main warm-up event to the French Open casts further doubts over his chances of claiming a fourth title at Roland Garros.Indeed, Djokovic is yet to lift a trophy this season after enduring a turbulent start to 2025.Djokovic lost the Miami Open final to Czech teenager Jakub Mensik last month, before suffering early exits on the clay in Monte Carlo and Madrid.He was eliminated from the Madrid Open on Saturday after defeat to Italy's Matteo Arnaldi, which followed on from his loss to Alejandro Tabilo in his opener at the Monte Carlo Masters.Prior to the start of the clay court season, the world number five said he was suffering from the effects of an eye infection, and he has endured a winless run of form as he adapts to the "new reality" of his career."I was hoping I can play one more match than I played in Monte Carlo," Djokovic said after losing in Madrid. "It's kind of a new reality for me, I have to say," he said. "Trying to win a match or two, not really thinking about getting far in the tournament," Djokovic added. "It's a completely different feeling from what I had in 20-plus years of professional tennis."Following Djokovic's elimination in the Spanish capital, he hinted it might be his last appearance at the event."It could be my last appearance. It could be. I'm not sure if I will come back. So, I don't know. I mean, I'll come back, maybe not as a player, of course. I hope it's not, but it could be," Djokovic said.Italian Open organisers added "See you next year, Nole" to their message on social media, but it remains to be seen whether Djokovic will take to the red clay of the Foro Italico in Rome again in his storied career. (AFP)

Tennis Negative

"A rollercoaster of epic musical detours, great songwriting and completely unhinged twists and turns": Halestorm announce upcoming album details and mammoth tour

Halestorm's sixth album Everest will arrive in August - huge touring schedule also confirmed

Entertainment Positive

Trump administration says Penn violated Title IX by allowing transgender swimmer

Administration says Penn can resolve the violations by stripping swimmer of national title.

Lgbtq Negative

France accuses Russian military intelligence over cyberattacks

France on Tuesday accused Russian military intelligence of staging cyberattacks, including against an organisation involved in the Paris Olympics and President Emmanuel Macron's first election campaign in 2017.

Cybercrime and cybersecurity, national security Negative

France accuses Russian military intelligence over cyberattacks

France on Tuesday accused Russian military intelligence of staging cyberattacks, including against an organisation involved in the Paris Olympics and President Emmanuel Macron's first election campaign in 2017.

Cybercrime and cybersecurity, national security Negative

'He kept saying I'm a murderer': Polish doctor targeted for legal abortion

Gizela Jagielska says she has received death threats after far-right MEP Grzegorz Braun came her hospital.

Politics Negative

Trump 100. gün konuşmasında kendini övdü, rakiplerini hedef aldı

ABD Başkanı Donald Trump, görevdeki ikinci döneminin 100. gününü miting gibi bir konuşmayla kutladı. "Tarihin en başarılı ilk 100 günü" diyerek kendisini överken, siyasi hasımlarını da hedef aldı.

Awards and recognitions Neutral

Chris Mason: A wildly unpredictable local elections

The results of the ballots will mould the national political mood, our political editor writes.

Elections Positive

Romanya'da TikTok ünlüleri neden seçim iptaline yol açmakla suçlanıyor?

Romanya geçtiğimiz Aralık ayında yapılan cumhurbaşkanlığı seçimlerinin görülmemiş şekilde iptal edilmesi sonrası bu hafta sonu bir kez daha sandık başına gidiyor.

Awards and recognitions Neutral

केक, कुकीज़ और आइसक्रीम: अल्ट्रा प्रोसेस्ड फूड आपकी सेहत के लिए कितना बड़ा ख़तरा?

वैज्ञानिकों का मानना है कि शरीर में जमा हो रहा अल्ट्रा प्रोसेस्ड फूड सेहत के लिए नुक़सानदेह है. हालांकि इस दावे को 100 फ़ीसदी साबित करना चुनौती बना हुआ है.

Awards and recognitions Neutral

Harvard head apologises as scathing reports on campus prejudice released

The university pledges to review its policies, though the proposals appear to fall short of White House demands.

Politics, education Negative

पाकिस्तान को क्यों लगता है कि भारत 24 से 36 घंटों में कर सकता है फ़ौजी कार्रवाई?

क्या भारत और पाकिस्तान युद्ध के मुहाने पर खड़े हैं और क्या भारत अगले कुछ दिनों में पाकिस्तान पर किसी तरह की कार्रवाई कर सकता है?

Awards and recognitions Neutral

Five things you need in case of a power outage

People in Spain and Portugal tell us what got them through a day with no electricity.

Energy, accidents Negative

The Papers: Net zero 'doomed' and royals 'on love island'

Tony Blair's speaks out about energy policy and the Prince and Princess of Wales head to the Isle of Mull.

Energy Neutral

Trump celebrates 100 days in office by touting record and blasting foes

He tells a crowd in Michigan that he is using his presidency to deliver "profound change".

Politics Negative

$500 in Daily Prizes Just Launched on this Crypto Mystery Box Site

Jemlit, a mystery box site is set to reward users with $500 in prizes – every single day. The leading online mystery box platform has unveiled a new feature, Jem Rush 1.0, which will no doubt add to the thrill of unpacking a box filled with loot. The premise of the daily prize is simple. [...]

General Positive

Real Utility & Live Gameplay Boosts Presale

The post Real Utility & Live Gameplay Boosts Presale appeared on BitcoinEthereumNews.com.Crypto News Explore Dragoin ($DDGN): A meme coin with a playable Telegram game and a 25-stage presale, offering a remarkable 6,700% ROI potential. In the world of meme coins, the pattern is all too familiar: launch, viral buzz, price spike, and then the inevitable quiet. While icons like SHIB and PEPE manage to sustain community interest, many disappear almost as quickly as they arrived. Enter Dragoin ($DDGN), which is changing the game. This newcomer isn’t just sitting around waiting for market buzz or influential endorsements to establish its worth. It leads with real offerings that is active gameplay, deflationary economics, and a well-organized presale that is all before even reaching the exchanges. This is no mere animal-themed speculative play. Dragoin is a meme coin that one can actively play, earn from, and interact with immediately. It stands out as a key contender in the 2025 meme coin resurgence. A Familiar Scenario in the Meme Coin World Meme coins typically start with a catchy name, a constrained supply, and a viral-worthy meme. They initially thrive on social media buzz, sometimes gaining extra momentum from influencer shoutouts or timely exchanges, leading to a swift price surge as early holders reap profits. Yet, this model is fundamentally flawed. When the initial buzz fades or trust declines, liquidity disappears and prices drop sharply, often leaving many with losses. Dragoin is changing this narrative by establishing a robust foundation rather than relying on ephemeral hype. It’s not just about launching another forgettable coin; it’s about creating lasting value from the outset. Dragoin’s Ground-Up Utility Model Dragoin is transforming the meme coin space not merely through clever branding but through meaningful construction and real utility. It introduces an ecosystem centered around a Telegram-based mini-game that is already operational. In this game, players guide dragons through obstacles...

Technology, coin fundamentals Positive

Litecoin ETF and Solana ETF Approval Odds Skyrocket: Bloomberg Analysts Predict Astonishing 90% Chance

The post Litecoin ETF and Solana ETF Approval Odds Skyrocket: Bloomberg Analysts Predict Astonishing 90% Chance appeared on BitcoinEthereumNews.com.Litecoin ETF and Solana ETF Approval Odds Skyrocket: Bloomberg Analysts Predict Astonishing 90% Chance – BitcoinWorld Skip to content Home News Crypto News Litecoin ETF and Solana ETF Approval Odds Skyrocket: Bloomberg Analysts Predict Astonishing 90% Chance Source: https://bitcoinworld.co.in/litecoin-solana-etf-odds/

General Positive

Stablecoin Startup Zar Secures $7M Led by a16z – Coincu

The post Stablecoin Startup Zar Secures $7M Led by a16z – Coincu appeared on BitcoinEthereumNews.com.Key Points: Stablecoin startup Zar raises $7 million, backed by a16z, Dragonfly, VanEck Ventures. Funding supports ZAR stablecoin, linked to South African Rand. Zar aims to enhance cross-border transactions in African markets. Stablecoin startup Zar announced a $7 million funding round led by a16z, Dragonfly Capital, and VanEck Ventures, intending to launch a stablecoin pegged to the South African Rand. This initiative focuses on enhancing digital payments and cross-border transactions in the African market, signaling growing interest in stablecoin technology. Zar’s $7M Funding Boost for African Transactions Zar, a budding stablecoin enterprise, has raised $7 million in a funding round with participation from notable investors a16z, Dragonfly Capital, and VanEck Ventures. The capital influx will support Zar’s goal to develop and launch a stablecoin, ZAR, pegged to the South African Rand. This funding round marks a significant stride toward adopting stablecoin for digital payments within the African market. By collaborating with local financial institutions, Zar seeks to secure compliance and promote stablecoin-driven financial solutions across Africa, which may fundamentally alter cross-border transactions. The funding announcement by Zar resonated within the crypto community. Industry observers expect a boost in the stablecoin’s adoption in Africa. A representative from a16z quoted in Fortune expressed confidence in Zar’s vision, citing the “significant untapped potential” of the African market. Historical Context and Pundi X Surge Analysis Did you know? The increasing interest in Africa’s digital financial solutions echoes past trends where stablecoins like USDT and USDC gained traction in emerging markets, providing a stable asset amidst local currency fluctuations. According to CoinMarketCap, Pundi X (PUNDIX), trading at $0.53, reports a notable 43.75% price increase over 24 hours. Current market cap stands at $136.82 million, with a substantial 474% surge in 24-hour trading volume, highlighting active trader interest. Pundi X (New)(PUNDIX), daily chart, screenshot on CoinMarketCap...

Founders & investors Positive

$500 millones en bonos de Telegram listos para tokenización por Libre y la TON Foundation

Puntos Clave de la Noticia Hito de tokenización: Libre y la Fundación TON se preparan para tokenizar $500 millones en bonos de Telegram mediante el lanzamiento de un Fondo de Bonos de Telegram tokenizado en la blockchain de TON. Conectando finanzas y DeFi: La iniciativa convierte bonos tradicionales en activos digitales, permitiendo a los inversores ... Leer más

Technology Positive

$500M in Telegram Bonds Ready for Tokenization by Libre and TON Foundation

TL;DR Tokenization Milestone: Libre and TON Foundation are set to tokenize $500 million in Telegram bonds by launching a tokenized Telegram Bond Fund on the TON blockchain. Bridging Finance & DeFi: The initiative converts traditional bonds into digital assets, allowing institutional investors to gain compliant on-chain exposure and the use of tokenized bonds as collateral ... Read more

Technology, coin fundamentals Positive

Michael Saylor has another bold word for Bitcoin

Michael Saylor calls Bitcoin a “Newtonian Network” in latest bold statement.

Founders & investors Positive

DOGE forms bullish pattern, set for 2025 breakout?

Dogecoin is one of the first memecoins that gained massive attention and traction; however, in the past few quarters, dozens of memecoins have in the market, and with their entry, now debates, arguments, and discussions over Doge have fallen. Not only this but its price has fallen more than 4% in a week and market [...]

Technical analysis, coin fundamentals Positive

Cardano Flips Ethereum in Developer Metrics – A New Era for ADA?

The post Cardano Flips Ethereum in Developer Metrics – A New Era for ADA? appeared on BitcoinEthereumNews.com.Cardano Overtakes Ethereum in Developer Activity, Boosting Institutional and Community Confidence. ADA Eyes Breakout as On-Chain Strength and Ecosystem Growth Replace the ‘Ghost Chain’ Narrative. Cardano has officially surpassed Ethereum in core developer activity over the last 12 months, logging 21,439 GitHub commits compared to Ethereum’s 20,962. Especially, according to a previous Crypto News Flash (CNF) report last week, Cardano also outshined Bitcoin and Ethereum with the highest institutional inflows. These numbers represent not just a statistical win—but a symbolic one for Cardano, signaling growing confidence and momentum within its ecosystem. According to recent market reports, this surge spans 550 repositories and 12 core projects, but the broader ecosystem includes over 36 active projects across nearly 4,300 GitHub repos, painting a picture of an increasingly vibrant and committed developer community. Meanwhile, Cardano oddly, as of a Cardano ETF approval jumps to 70% as institutions accumulate ADA heavily, as tweeted by Cardano Feeds: Odds of a Cardano ETF Approval Jumps to 70% as Institutions Accumulate ADA Heavily https://t.co/eOsJXCdYuM — Cardano Feed ($ADA) (@CardanoFeed) April 30, 2025 Developer Activity Is Fueling Optimism What makes this flip even more significant is the context: Ethereum’s developer base, though still massive, appears to be slowing, with concerns around Layer 2 fragmentation and tooling. Cardano, on the other hand, is steadily maturing—adding ecosystem partnerships, scaling infrastructure, and increasing developer tooling, particularly through platforms like Lace Wallet, which is now exploring XRP integration. Founder Charles Hoskinson hasn’t held back, even predicting that Ethereum could face obsolescence by 2040 if it fails to address its scaling issues. A Turning Point for Cardano? Importantly, if Cardano can maintain its developer lead while continuing ecosystem expansions like Lace-XRP integration, it could finally shed its ghost-chain reputation for good. With on-chain metrics glowing and community interest rekindled, ADA may be stepping...

Developer community, technology Positive

Cardano’s Surge in Developer Activity Sparks Speculation on Future Market Dynamics and Ethereum’s Viability

The recent spike in Cardano’s developer activity signals a potential shift in the competitive landscape of blockchain platforms. Cardano surpasses Ethereum in developer activity, with over 21,000 GitHub commits in [...]

Developer community, technology Positive