Crypto News Today : Ripple News, OM Crypto News, Bitcoin Price And Trump Tariffs

Polkadot (DOT) is trading at $3.77, up 1.49%, with a market cap of $5.91 billion. Its 24-hour trading volume surged 17.56% to $180.56 million, ranging between $3.62 and $3.81. Investor sentiment is gaining momentum as Grayscale has filed with the SEC to list a Polkadot ETF on NASDAQ. Additionally, 21Shares has progressed its Polkadot ETF efforts with an updated SEC filing, signaling growing institutional interest in the Polkadot ecosystem.

President Trump is set to meet El Salvador’s President Nayib Bukele amid controversy over deportations. Trump praised Bukele’s handling of high-risk detainees, including alleged gang members sent under the Alien Enemies Act. Critics highlight human rights concerns at El Salvador’s mega-prison, especially after the wrongful deportation of a Maryland resident. While Trump denied any abuses, legal and humanitarian concerns continue to rise. Senator Marco Rubio called the alliance a “model,” despite growing backlash over the lack of due process for deportees. The impact of this on financial markets would be decided by time.

Donald Trump’s tariff strategy took a twist as the U.S. initially exempted smartphones and computers from steep levies, only for Trump to later clarify they’re being shifted to a new “semiconductor tariff bucket.” China criticized the exemption as a mere “small step” and warned that trade wars yield no winners. While markets briefly rallied, uncertainty persists. Trump emphasized national security and reshoring electronics production, hinting at broader tech-sector duties ahead as tensions with Beijing remain high.

Donald Trump’s approval rating in the U.S. currently hovers between 41–43%, with disapproval at 51–53%, reflecting a polarized nation. Economic concerns—particularly over tariffs and inflation—have dented his image, but his core base remains loyal, as seen in recent public appearances like a UFC event. While his January 2025 approval hit 52%, higher than leaders like Keir Starmer or Yoon Suk Yeol, views on his leadership remain split, with mixed reactions to his policy instincts and crisis handling.

Internet Computer (ICP) leads DePIN social buzz with 4.28K posts and 475K interactions, claiming 0.50% of total social dominance. Render follows closely, while Filecoin (FIL) rounds out the top three. Despite fewer posts, projects like Theta, Akash, and Flux maintain steady engagement. The growing traction in decentralized physical infrastructure (DePIN) projects shows surging community interest, with platforms like LunarCrush spotlighting the social momentum driving their narratives. Social activity hints at rising adoption across the decentralized tech stack.

XRP surged 28% to $2.12 amid speculation that global payments giant SWIFT may integrate Ripple’s blockchain. With XRP futures’ open interest climbing and technicals pointing to a potential breakout, investor buzz is rising. Analysts highlight key resistance at $2.22, with a breakout possibly pushing prices to $3—and maybe far beyond if a SWIFT deal is confirmed. With Ripple’s SEC case nearing resolution and institutional interest heating up, XRP could be gearing up for a major move.

The U.S. Dollar Index ($DXY) has slumped over 8% year-to-date, marking its worst start to a year since 1995. The steep decline reflects growing concerns around a potential Fed rate cut cycle, weakening economic indicators, and shifting global sentiment. As investors move toward riskier assets and alternative currencies, the dollar’s dominance is being tested. If current trends continue, the greenback could face deeper challenges in retaining its global safe-haven status.

Flare (FLR) emerged as the top gainer among the top 100 cryptos today, jumping 14.97% to $0.01763. Backed by a $1.11 billion market cap and a 252% surge in 24-hour volume, the Flare 2.0 hype appears to be driving strong bullish momentum. FLR touched a high of $0.01894, nearing its immediate resistance at $0.0194. With support holding at $0.01448, the token’s current trajectory suggests continued interest as the Flare 2.0 narrative gains traction.

The global crypto market cap dipped 0.57% to $2.67 trillion, while the 24-hour trading volume rose 6.79% to $82.95 billion. The Fear & Greed Index remains in “Fear” at 29. Bitcoin held steady at $84,459, with Ethereum and Solana posting modest gains. Flare led the top gainers, soaring nearly 16%, followed by MANA and RAY. On the downside, OM plummeted over 87%, making it the biggest loser, with JASMY and MOVE also seeing double-digit losses.

Metaplanet Inc. has become the ninth-largest public Bitcoin holder after acquiring 319 BTC at an average price of $83,147. This brings its total holdings to 4,525 BTC, valued at over $408 million. The move is part of a strategic treasury expansion launched in December 2024 aimed at boosting shareholder value. With a BTC Yield of 95.6% in Q1 2025 and 6.5% year-to-date, the company is leveraging capital market tools to scale its Bitcoin reserves without significant shareholder dilution.

Gold-backed cryptocurrencies like PAXG and XAUT have surged over 23% year-to-date, closely tracking gold’s rally and outperforming the broader crypto market. Their rise mirrors a significant spike in gold ETF demand, which hit a three-year high in Q1 2025. With over $42.7 million in new token minting, tokenized gold offers investors a digital gateway to real-world assets amid macroeconomic uncertainty. This growing interest signals a shift toward safe-haven assets amid ongoing global tensions.

In a landmark ruling, Brazil’s National High Court (STJ) authorized the seizure of cryptocurrency assets to settle debts. The decision allows judges to request data directly from exchanges if no funds are found in the banking system. Recognizing crypto as a taxable asset and store of value, the court affirmed its role in financial settlements. Although operational challenges remain, a system to streamline crypto asset seizures is underway. This overturns earlier rulings citing a lack of regulation and confidentiality concerns.

Global analysts suggest the upcoming BRICS payment system could significantly weaken the U.S. dollar’s dominance in global trade. Experts highlight key advantages, including lower costs, sanctions evasion, and reduced reliance on Western financial infrastructure. Anton Tabakh emphasized that the lack of alternatives has long upheld the dollar’s supremacy, but new systems could change that. Alexander Ignatov also noted the system’s potential to democratize trade. Russia confirmed the BRICS platform would be open to non-member countries, broadening its impact.

XRP has turned bullish, breaking above the $2.050 resistance and currently consolidating above $2.10. A key bullish trend line supports the price near $2.10 on the hourly chart. For further gains, XRP must close above $2.20, with the next targets at $2.25 and $2.32. On the downside, support lies at $2.080 and $2.00. The RSI is above 50, and the MACD is gaining bullish momentum, indicating growing upside potential if XRP holds key support zones.

Gold has soared to a record high of $3,245, prompting Goldman Sachs to raise its 2025 year-end forecast to $3,700, with a bullish target of $4,500. A post by Moby AI highlights that the key drivers include aggressive gold accumulation by emerging market central banks, a potential comeback of gold ETFs amid looming rate cuts, and rising global uncertainty fueling safe-haven demand. The post also highlights the role of speculators, suggesting fear-driven momentum could send prices even higher.

OKX CEO Star called the OM token collapse a major scandal, shaking the entire crypto industry. He emphasized that all on-chain unlocking and recharge data are publicly accessible, and the collateral and liquidation activity across major exchanges can be fully investigated. In response to growing concerns, OKX has committed to preparing and publishing all relevant reports. The statement signals a push for greater transparency and accountability in the aftermath of the OM token’s dramatic price crash.

A Chinese court has sentenced nine individuals to prison terms ranging from five to fourteen years for orchestrating a USDT fraud scheme targeting Indian citizens. According to Wu Blockchain, the group defrauded approximately 66,800 Indians, scamming a total of around US$6 million. The case highlights the growing risks associated with crypto-related frauds and the need for cross-border cooperation in tackling digital financial crimes. The convicted fraudsters will also face additional penalties, including fines and asset seizures.

MANTRA’s OM token plummeted 90%, wiping out around $5 billion in market value amid insider sell-off allegations. The crash saw OM’s price drop to $0.7748, down 87.66% in 24 hours, with a market cap of $751 million. Trading volume spiked 2979% to $2.25 billion. Co-founder JP Mullin denied abandonment rumors, assuring, “We are here and not going anywhere,” while sharing the team’s wallet. MANTRA attributed the collapse to “reckless liquidations,” distancing the team from direct involvement.