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President Donald Trump has spent the first 100 days of his second White House term signing a flurry of executive orders aimed at delivering on his policy priorities: slashing government spending, cracking down on illegal immigration and eliminating many diversity and equity initiatives enacted under the Biden administration.

The more than 150 executive orders Trump has signed far outpace those of his predecessors. But they have also triggered a torrent of lawsuits seeking to block or pause his actions, teeing up a high-stakes showdown over how far Trump can push his Article II powers before the courts can or should intervene. 

It’s a looming constitutional clash spinning like a top through the federal courts; a blink-and-you’ll-miss-it set of hearings and appeals and emergency orders that deal with weighty issues of due process and First Amendment protections guaranteed by the Constitution. 

Trump’s critics argue the fast-paced strategy is meant to confuse and overwhelm his opponents. His supporters counter that it allows him to strike with maximum precision and sidestep a clunky, slow-moving Congress as the president pursues his top priorities.

In his first 100 days, administration lawyers have gone to bat in courtrooms across the country to defend Trump’s early executive orders and halt a wave of lawsuits and emergency restraining orders aimed at blocking them. 

Trump, meanwhile, has steadfastly maintained that he would ‘never defy’ the Supreme Court as recently as in an interview last week. 

‘I’m a big believer in the Supreme Court and have a lot of respect for the justices,’ Trump told Time Magazine.  

Critics say he already has.

‘The second Trump administration has taken the guardrails off of the norms that historically governed the rule of law and is undertaking steps to enhance the perceived power of the executive branch to the detriment of the two other co-equal branches,’ Mark Zaid, an attorney who has gone toe-to-toe with the Trump administration in several court cases this year, told Fox News Digitial.

‘These actions threaten the fundamental notion of our democracy, particularly as the Administration seeks to eliminate due process protections in a quest for power.’

The biggest fights so far have centered around the Trump administration’s use of the Alien Enemies Act, a 1798 wartime law, to deport certain migrants to El Salvador. Another major case to watch will be challenges to Trump’s executive order ending birthright citizenship. 

Two separate federal judges, in D.C. and Maryland, have suggested they could move to begin possible contempt proceedings against some Trump officials for refusing to comply with their orders.

In one case, a judge issued a scathing rebuke against Trump officials for failing to return a Maryland resident and alleged gang member who was wrongfully deported to El Salvador this year. Separately, U.S. District Judge James Boasberg said there was probable cause to find Trump administration officials in criminal contempt for defying his order to return deportation flights to El Salvador on March 15.

The Trump administration has fought back, questioning the authority of lower courts to stop his agenda. The Supreme Court agreed to hear oral arguments on a challenge to some of the nationwide injunctions, beginning with a birthright citizenship case in early May.

Meanwhile, White House officials have railed against the ‘activist’ judges who they say have overstepped and are acting with a political agenda to block Trump’s policies. They’ve blasted judges for pausing Trump’s transgender military ban, reinstating USAID programs and blocking Elon Musk’s Department of Government Efficiency (DOGE) from accessing federal offices.

Some congressional allies have threatened impeachment against judges who defy Trump, but so far Congress has not advanced any impeachment articles.

White House press secretary Karoline Leavitt declined this week to rule out the arrest of federal judges, including Supreme Court justices.

Asked at a press briefing about the hypothetical on Monday, Leavitt referred the matter to the Justice Department but said a judge in New Mexico was arrested in ‘a clear-cut case of obstruction.’

‘And so anyone who is breaking the law or obstructing federal law enforcement officials from doing their jobs is putting themselves at risk of being prosecuted, absolutely,’ she said.

Jonathan Turley, a law professor and Fox News contributor, told Fox News Digital that he sees Trump’s early actions as getting ahead of the 2026 primaries and moving with maximum force to implement his agenda.

Trump ‘knows that he has no alternative but to push ahead on all fronts if he is going to make meaningful progress on his promised reforms,’ Turley told Fox News. 

‘The midterm elections are looming in 2026. If the Democrats retake the House, he knows that he can expect investigations, impeachments and obstruction. That means that he has to expedite these cases and establish his lines of authority in areas ranging from migration to the markets.’

This post appeared first on FOX NEWS

The House on Monday overwhelmingly passed a bill backed by first lady Melania Trump that cracks down on the posting of explicit images, including ‘deep fake’ nudes generated of people by artificial intelligence, without consent. 

The Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks – known as the TAKE IT DOWN Act – was approved by a 409-2 vote and now heads to President Donald Trump’s desk. 

The measure ‘generally prohibits the nonconsensual online publication of intimate visual depictions of individuals, both authentic and computer-generated, and requires certain online platforms to promptly remove such depictions upon receiving notice of their existence,’ according to the bill summary. 

It specifically prohibits online publication of ‘intimate visual depictions’ of an adult subject ‘where publication is intended to cause or does cause harm to the subject, and where the depiction was published without the subject’s consent or, in the case of an authentic depiction, was created or obtained under circumstances where the adult had a reasonable expectation of privacy,’ as well as ‘a minor subject where publication is intended to abuse or harass the minor or to arouse or gratify the sexual desire of any person.’ 

‘Violators are subject to mandatory restitution and criminal penalties, including prison, a fine, or both,’ according to the bill summary. ‘Threats to publish intimate visual depictions of a subject are similarly prohibited under the bill and subject to criminal penalties.’ 

The legislation also requires platforms to establish a process where victims of revenge porn can notify them of the existence of images and request removal. The bill says platforms then have 48 hours to remove those images.

Sen. Ted Cruz, R-Texas, introduced the TAKE IT DOWN Act in January, and it was approved by the upper chamber in February. It was brought to the House by Rep. Maria Salazar, R-Fla.

Two Republicans – Reps. Thomas Massie of Kentucky and Eric Burlison of Missouri – were the only House members to vote against the legislation on Monday.  

Massie acknowledged that the TAKE IT DOWN Act ‘would impose federal criminal and civil penalties for publishing unauthorized intimate pictures generated with AI.’

‘I’m voting NO because I feel this is a slippery slope, ripe for abuse, with unintended consequences,’ Massie wrote on X. 

House Republicans on Monday praised the first lady, Cruz and Salazar for leading the ‘crucial legislation’ to ‘create a safer digital future and protect our kids from deepfake exploitation.’ 

‘The passage of the TAKE IT DOWN Act is a historic win in the fight to protect victims of revenge porn and deepfake abuse,’ Cruz wrote on X. ‘This victory belongs first and foremost to the heroic survivors who shared their stories and the advocates who never gave up. By requiring social media companies to take down this abusive content quickly, we are sparing victims from repeated trauma and holding predators accountable.’

‘This day would not have been possible without the courage and perseverance of Elliston Berry, Francesca Mani, Breeze Liu, and Brandon Guffey, whose powerful voices drove this legislation forward,’ the senator wrote, adding that he was especially grateful to colleagues, including Melania Trump and Salazar, as well as Democrats Sen. Amy Klobuchar of Minnesota, and Rep. Madeleine Dean of Pennsylvania, ‘for locking arms in this critical mission to protect Americans from online exploitation.’

‘Advancing this legislation has been a key focus since I returned to my role as First Lady this past January,’ Melania Trump wrote on X. ‘I am honored to have contributed to guiding it through Congress. By safeguarding children from hurtful online behavior today, we take a vital step in nurturing our leaders of tomorrow. #BeBest’ 

During President Trump’s first term, the first lady established the BE BEST awareness campaign, which ‘focused on the well-being of children and highlighted the people and programs dedicated to ensuring a better future for the next generation,’ according to the White House. Melania Trump also established Fostering the Future, a BE BEST initiative, ‘which provides college-level scholarships to those aging out of the foster care system.’

This post appeared first on FOX NEWS

“60 Minutes” correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show’s executive producer who resigned last week, saying on the air that “none of us is happy” about the extra supervision that corporate leaders are imposing.

Pelley made his comments at the end of the evening’s CBS News telecast, saying that in quitting, Owens proved he was the right person for the job.

“It was hard on him and it was hard on us,” Pelley said. “But he did it for us — and you.”

His on-air statement was an unusual peek behind the scenes at the sort of inner turmoil that viewers seldom get the opportunity to see.

Owens, only the third top executive in the 57-year history of television’s most influential newscast, resigned last week, saying he no longer felt he had the independence to run the program as he had in the past, and felt necessary.

CBS News’ parent company, Paramount Global, is in the midst of a merger with Skydance Media that needs the approval of the Trump administration. Trump has sued “60 Minutes” for $20 billion, saying it unfairly edited a Kamala Harris interview last fall to her advantage. Owens and others at “60 Minutes” believe they did nothing wrong and have opposed a settlement.

As a result, Pelley explained to viewers on Sunday, Paramount has begun to supervise “60 Minutes” stories in new ways. Former CBS News President Susan Zirinsky, a longtime news producer, has reportedly been asked to look at the show’s stories before they air.

“None of our stories has been blocked,” Pelley said. “But Bill felt he lost the independence that honest journalism requires. No one here is happy about it. But in resigning, Bill proved he was the right person to lead ‘60 Minutes’ all along.”

Despite this, “60 Minutes” has done tough stories about the Trump administration almost every week since the inauguration in January, many of them reported by Pelley. On Sunday, “60 Minutes” correspondent Sharyn Alfonsi had the latest, interviewing scientists about cutbacks at the National Institutes for Health.

Trump was particularly angered by the show’s telecast two weeks ago, saying on social media that CBS News should “pay a big price” for going after him.

This post appeared first on NBC NEWS

International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers.

“We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities,” IBM CEO Arvind Krishna said in a release.   

The company’s announcement comes weeks after President Donald Trump unveiled a far-reaching and aggressive “reciprocal” tariff policy to boost manufacturing in the U.S. As of late April, Trump has exempted chips, as well as smartphones, computers, and other tech devices and components, from the tariffs.

IBM said its investment will help accelerate America’s role as a global leader in computing and fuel the economy. The company said it operates the “world’s largest fleet of quantum computer systems,” and will continue to build and assemble them in the U.S., according to the release.

IBM competitor Nvidia, the chipmaker that has been the primary benefactor of the artificial intelligence boom, announced a similar push earlier this month to produce its NVIDIA AI supercomputers entirely in the U.S. 

Nvidia plans to produce up to $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.

Last week, IBM reported better-than-expected first-quarter results. The company said it generated $14.54 billion in revenue for the period, above the $14.4 billion expected by analysts. IBM’s net income narrowed to $1.06 billion, or $1.12 per share, from $1.61 billion, or $1.72 per share, in the same quarter a year ago.

IBM’s infrastructure division, which includes mainframe computers, posted $2.89 billion in revenue for the quarter, beating expectations of $2.76 billion.

The company announced a new z17 AI mainframe earlier this month.

CNBC’s Jordan Novet contributed to this report.

This post appeared first on NBC NEWS

The USD/JPY exchange rate rebounded last week as the US Dollar Index (DXY) recovered from its lowest level of the year. The pair rose from a low of 139.95 on Monday to a high of 143.2, up by 2.7% from its lowest level this year. This article provides a forecast ahead of the upcoming BoJ interest rate decision and key US economic data.

BoJ interest rate decision ahead

The main catalyst for the USD/JPY pair this week will be the Bank of Japan interest rate decision scheduled on Friday. 

This will be an important meeting as the BoJ will provide more color on the economy and hints on what to expect later this year. 

While Japan’s inflation is rising, analysts anticipate that the bank will maintain status quo as as ot observes the impact of Donald Trump’s tariffs. 

Data released last Friday showed that consumer prices in Tokyo jumped from 2.9% in March to 3.5% this month. Core inflation, which excludes the volatile food and energy products, rose from 2.4% to 3.4%. 

Tokyo inflation is closely monitored due to its large population, which stood at over 37 million as of 2024. Its population accounts for most of Japan, which has over 122.6 million people. 

Another rate hike would likely harm Japan’s economy, as it would affect companies that are already struggling due to Trump’s tariffs. 

Japan’s bond market is reflecting the fact that the BoJ will leave interest rates unchanged in this meeting. The ten-year bond yield has jumped to 1.3% from the year-to-date low of 1.057%, while the thirty-year yield has jumped from 2.20% to 2.7%.

Still, the BoJ will likely resume its rate hikes late this year. Additionally, there are indications that the US and Japan will reach a trade agreement later this year. In a recent note, analysts at Citi said:

“Pre-tariffs, maybe the sun was starting to shine a little more brightly in Tokyo. But when the reciprocal tariffs were put on, and the auto tariffs, which obviously are big too, we said no rate hikes this year.”

Read more: Japan reports record $63B US trade surplus amid high-stakes tariff talks

US data dump ahead

The USD/JPY exchange rate will react to the upcoming US data dump this week. This dump will start on Tuesday when the Conference Board will publish the latest consumer confidence data. This is important data that predicts consumer spending in the economy. A significant drop can help to predict a recession. 

The other top data to watch will come out on Wednesday when the US will release the latest personal consumer expenditure (PCE) data. This is a crucial report that the Fed watches closely because it measures change of prices in the rural and urban areas. 

The USD/JPY exchange rate is expected to react to the latest US GDP and non-farm payrolls (NFP) data released on Friday. All these numbers will help to predict whether the Fed will cut or hike interest rates.

USD/JPY technical analysis

USD/JPY chart by TradingView

The daily chart shows that the USD to JPY exchange rate has been in a strong downtrend in the past few months. This decline coincided with the significant US dollar index plunge. 

The pair has formed an inverse cup and handle pattern whose lower side is at 139.98. Its recent pullback is part of the handle section. 

It also formed a death cross pattern on March 12, a sign that bears are in control. Therefore, a combination of the death cross and the inverse C&H pattern will point to more downside in the coming weeks. If this happens, the next point to watch will be at 139.98. A drop below that level will point to more downside.

The post USD/JPY forecast: risky pattern forms ahead of BoJ decision appeared first on Invezz

The financial market has been highly volatile this year as concerns about Donald Trump’s tariffs and fears that the US bubble was bursting rose. Gold price has surged to a record high, while the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 are in the red. 

European equities have trounced their American rivals this year, with the Euro Stoxx 50 Index has jumped by 14%. This article examines where to invest $10,000 today for superior returns over the next few years. 

Bitcoin and BTC ETFs

The first key area to invest and generate superior returns in the next few years is in the crypto market. While the Bitcoin price has dropped by 13% from its January high, it has performed better than stocks following the Liberation Day tariffs. Furthermore, spot Bitcoin ETFs experienced net inflows of over $3 billion last week, indicating that the cryptocurrency is becoming a safe-haven asset. 

Furthermore, Bitcoin has a strong track record of outperforming the stock market. Besides, it has jumped from less than $1 in 2009 to $94,000 today. These gains have not been linear and the coin has experienced substantial drawdowns in this period. For example, it tumbled by over 33% from its highest point in March to its lowest level in August last year and then bounced back.

Analysts are bullish on Bitcoin. Just last week, Ark Invest predicted that Bitcoin price will surge to $2.4 million by 2030. That would be a 2,426% surge from the current level,

The most cost-effective and straightforward way to invest in Bitcoin is to purchase it directly from an exchange like Coinbase or Kraken. Still, when considering spot Bitcoin ETFs, the Grayscale Mini Bitcoin ETF (BTC) is the best one to invest in as it has a low expense ratio of 0.25%.

China EV companies

Last week, Tesla reported weak financial results. The numbers showed that its total sales dropped by 9% to $21.3 billion last quarter. Its adjusted EBITDA fell by 17% to $3.3 billion, while its net income plunged by 71%.

These numbers showed that the company’s business was struggling as its deliveries in the United States, Europe, and China dived. 

Therefore, one area to invest $ 1,000 right now is in Chinese electric vehicle companies, as these firms are experiencing more growth this year. This includes companies like Nio, Li Auto, BYD, and XPeng.

For example, Li Auto delivered 92,864 vehicles in the first quarter, representing a 15% annual growth. XPeng, a company that is also building flying cars, delivered 94,000 vehicles, a 330% annual increase. 

Nio delivered 42,094 vehicles in the first quarter, up by 40% from a year earlier. Other firms like BYD and Zeekr have also boosted their sales. 

China EVs are more innovative than their American counterparts. For example, BYD and CATL have just unveiled batteries that can charge in less than 5 minutes.

Nasdaq 100 index

The other contrarian area to invest $10,000 this year is in technology companies, especially through the Invesco QQQ (QQQ) ETF, which tracks the Nasdaq 100 index. 

This is a contrarian call since the index remains in a correction after falling by over 10% from the highest level this year. There are also concerns that the artificial intelligence bubble has burst this year. 

However, history shows that the Nasdaq 100 index typically rebounds whenever it enters a correction. It recovered from the dot-com bubble, the COVID-19 pandemic, and the Global Financial Crisis (GFC) dip.

The index is expected to rebound due to upcoming trade talks between the US and other countries, as well as potential Federal Reserve interest rate cuts.

This recovery will also boost other American indices like the S&P 500 and the Dow Jones. It also makes investing in the JEPQ ETF worthwhile, as it tracks the Nasdaq 100 index and offers superior returns.

The post Where to invest $10,000 right now for superior long-term returns appeared first on Invezz

Spotify stock price has done well over time, and is nearing its all-time high as investors wait for its financial results on Tuesday. SPOT, the market leader in music streaming, jumped to a high of $620 on Friday, its highest level since February 20, and a few points below its all-time high of $652. This article explores whether the Spotify share price has more upside going forward.

Spotify to hike prices in key markets

The Spotify stock price jumped on Friday after the Financial Times reported that the company was considering raising prices for its subscriptions as it focuses on profitability. 

The paper noted that prices will rose by about $1 or 1 euro in international markets, excluding the United States, its biggest market. 

Spotify has already started hiking prices in countries like Luxembourg and the Netherlands. Most price increases will happen in the summer months. 

These price increases are in line with what most music executives have been calling in the past few years. They have argued that streaming companies like Spotify and Apple Music should do more to hike their prices. 

The argument is that these streaming solutions are still cheaper than companies like Netflix and MAX. Also, they argue that these companies’ prices increases have been slower than inflation. For example, Spotify launched in the US with a price of $9.9 in 2011, an amount that stands at $11.99. In this period, US inflation has jumped by over 43%.

Spotify is also considering creating a top tier in the US that will cost $6 extra of its most advanced tier.

The company hopes that these price increases will help it to boost its revenues and profits over time. Even a $1 dollar increase can lead to substantially higher numbers since it has over 252 million users globally. 

The company is betting that these price increases will not lead to subscriber losses. That’s because other companies like Tidal and Apple Music will react to these prices by rising theirs. Also, it is highly unlikely that many Spotify users will opt for other solutions since they see its services as being superior.

Read more: Why Spotify (SPOT) could be a safe bet in an economic slowdown

SPOT earnings ahead

The next important catalyst for the Spotify stock price is its upcoming corporate earnings scheduled on Tuesday. 

The most recent numbers showed that the company had over 675 million monthly active users, a 12% increase from the same period last year. Its premium subscribers jumped by 11% to 263 million.

These numbers pushed its quarterly subscription revenues up to €3.7 billion and its ad-supported figure to €537 million. This brought its total revenue up to €4.2 billion, and operation margin to 11.2%.

Wall Street analysts expect Spotify’s earnings to show that its sales rose by 15.5% in the quarter to €4.2 billion. Its guidance for the current quarter will be €4.37 billion, while the annual forecast will be €18 billion, a 15% annual increase. 

A key risk that could impact Spotify’s earnings is the euro, which has strengthened against the US dollar. A stronger greenback impacts its earnings, as it generates most of its revenue in the United States. 

Read more: Why Netflix may emerge as a trade war survivor

Spotify stock price technical analysis

SPOT stock chart by TradingView

The eight-hour chart shows that the SPOT share price has bounced back after bottoming at $484 earlier this month. It has risen to $620, its highest level since January.

Spotify stock price has formed a W chart pattern, commonly known as a double-bottom. This is a popular bullish reversal sign in technical analysis. It is now moving above the neckline at $625, the highest point on March 24.

The stock has moved above the 50-day moving average, a sign that bulls are in control. Therefore, the most likely scenario is where it rallies and hits its all-time high at $652 after earnings. 

The post Spotify stock price forms W pattern ahead of earnings: what next? appeared first on Invezz

Snap stock price will likely be highly volatile on Tuesday as the social media giant publishes its financial results. These numbers come as the shares hovers at a crucial make-or-break point, where it has failed to break below several times since 2022. This article explores what to expect when it releases its earnings.

Snap earnings ahead

Snap, a leading social media company in the US, has been under pressure in recent years. It has dropped by 90% from its highest level on record, erasing over $144 billion in value as the market cap dropped from over $160 billion to $16 billion.

The company has faced major challenges, with the most important one being competition from firms like TikTok and Instagram. TikTok has captured its most important demographic, pushing advertisers to its platform.

As a result, its revenue growth has been relatively weak over the past few years. Its annual revenue stood at over $5.36 billion in 2024, up from $ 4.60 billion the previous year. 

Also, the company has struggled to turn a profit as its annual loss in 2024 stood at $672 million, an improvement from a year earlier.

The next key catalyst for the Snap stock price will be its earnings, which are scheduled on Tuesday this week.

Its most recent results showed that its revenue rose by 14% to $1.55 billion. Snap’s net income rose to $9 million after it reported a $248 million loss it made a year earlier. Most importantly, the company’s free cash flow improved to $182 million.

The results showed that Snap had 453 million users in the fourth quarter, a 9% annual increase. While this is good, the vital North American segment had stagnant users at 100 million. This is notable since it makes most of its revenue in the United States. Its North American revenue was $969 million in the quarter.

Wall Street analysts believe that Snap’s revenue rose by 12.5% in the last quarter to $1.35 billion. Its guidance for the current quarter is expected to be $1.38 billion, while the annual figure will be $5.97 billion. 

Analysts have a more optimistic outlook on the Snap stock price. The average target is $11.3, higher than the current $8.55. They cite the fact that the company will become profitable this year. The average EPS is expected to be $0.35 this year, followed by $0.05 next year.

Snap stock price analysis

Snap stock chart | Source: TradingView

The weekly chart shows that the Snap share price has been in a strong bearish trend in the past few months. It has dropped from a high of $17.53 in July last year to the current $8.7. The stock has remained below the descending channel shown in purple. 

It has remained below all moving averages, a sign that bears remain in control. The most notable technical factor is that it sits at a crucial support level at $7.5, where it has failed to move below since 2022. That is a sign that short-sellers are afraid of shorting below that level.

Therefore, the stock will likely be highly volatile after its earnings. A drop below the support at $7.5 will point to more downside as it will signal more downside, potentially to $5. The alternative scenario is where it rises to $10.

The post Snap stock price at critical juncture: will it rise or fall after earnings? appeared first on Invezz

Meme coins are making a comeback as the market sentiment in the broader crypto market improves. Over the past 7 sessions, top meme coins like Dogecoin, Shiba Inu, and Pepe have recorded gains of 11.7%, 8.8%, and 13.9, respectively. 

Beyond these popular assets, investors are looking for fresh projects whose growth potential is tied to their efficiency in solving existing challenges. CartelFi is one such project and meme lovers are increasingly jumping onto the bandwagon.  

Dogecoin enters tight-range trading with focus on US-China trade war 

After successfully defending the crucial support zone of $0.15000, Dogecoin price entered a tight trading range in the just concluded week. While investors are still concerned over Trump’s aggressive tariffs, an improvement in the market sentiment has benefited majors and meme coins alike. However, investor interest appears to have eased with Dogecoin’s trading volume dropping by 2.25% over the past 24 hours.

In the immediate term, Dogecoin price will likely continue to trade between $0.1705 and $0.1920. Hints at a probable US-China deal may reignite the rally to the resistance level of $0.2062.

DOGE price chart | Source: TradingView

CartelFi retains upside momentum with early adopters set to win big

Meme coins are considered attractive due to their parabolic price action and speculative trading appeal. However, they often “sit idle” in between rallies. In such a case, one may have to sell the volatile assets and shift the resources to stablecoins to earn some yield.

CartelFi is out to solve this inefficiency by making the concept of yield farming a reality. More specifically, it offers investors an opportunity to earn passive income from their preferred meme coins while still enjoying 100% price exposure. This means that one does not have to sell their crypto, which would mean losing out on its upside potential.

In addition to this unique infrastructure, its programmed scarcity fuels steady upward momentum. It is this robust growth potential that has crypto enthusiasts rushing to amass some CARTFI tokens at the currently affordable price of $0.0389. Three weeks into its presale, the project has already raised over $1.2 million.  

At the end of every 3-day stage, the token price increases by 5%. By the time the platform is launching in Q3, early adopters will have earned up to 311% in cumulative gains.  Hurry up and buy CartelFi here.

Shiba inu price finds steady support in readiness for further rallying

SHIB price chart | Source: TradingView

Shiba Inu has mirrored the recovery in the broader crypto market; reporting gains of 8.8% over the past 7 sessions. However, as some buyers maintain a wait-and-see approach, the meme coin has entered a consolidation phase.

Bulls appear keen to reverse the bearish pattern formed in December 2024 when the short-term EMA crossed the medium-term 50-day EMA to the downside, forming a death cross. Indeed, the MAs appear to be converging near the crucial support zone of $0.00001300. 

Based on this thesis, $0.00001468 will be a resistance level worth watching in the ensuing sessions. If successful at attracting more buyers, the bulls will have a chance to bolster Shiba Inu price higher to $0.00001614. 

Read more: Shiba Inu price prediction: mapping out potential SHIB scenarios

The post Dogecoin, Shiba Inu consolidates at key prices as CarteFi goes viral appeared first on Invezz

Asian equities were largely flat on Monday, as investors weighed the renewed hopes for progress in global trade talks and expectations of further stimulus from China.

US Treasury Secretary Scott Bessent said the Trump administration is pursuing bilateral trade agreements with 17 key partners, excluding China, and stressed the need for a de-escalation in tensions with Beijing.

China and Hong Kong stocks trade flat

China’s Shanghai Composite Index slipped 0.2 percent to close at 3,288.41 as investors awaited fresh stimulus measures following a key economic policy meeting.

Finance Minister Lan Fo’an reiterated that China would take action to meet its annual economic growth target of around 5 percent despite rising trade headwinds.

Hong Kong stocks were little changed on Monday as investors showed limited reaction to Chinese officials reaffirming plans to support economic growth, while concerns over tariff tensions with the US and broader economic pressures persisted.

The Hang Seng Index slipped 0.04 per cent to 21,971.96, while the Hang Seng Tech Index edged up 0.1 per cent.

Japanese stocks inch up

Japanese markets posted modest gains ahead of the Bank of Japan’s policy decision later this week, with no major changes expected.

The Nikkei 225 rose 0.38 percent to 35,839.99, extending its rally for a fourth consecutive session on optimism around US tariff negotiations.

The broader Topix Index advanced 0.86 percent to 2,650.61 before Tuesday’s national holiday.

Japan’s top currency official Atsushi Mimura denied a newspaper report that Bessent had called for a stronger yen, helping ease currency market volatility.

Among notable movers, Toyota Motor gained 3.6 percent following news it may invest in key supplier Toyota Industries.

Other regional markets

In South Korea, the Kospi edged up 0.1 percent to 2,548.86, supported by cautious optimism over trade talks between Seoul and Washington.

Industry Minister Ahn Duk-geun stated that South Korea would approach negotiations with the US “calmly and cautiously.”

The US Treasury Department later said discussions aimed to promote an “expanded equilibrium” that encourages trade.

Australian markets extended gains for a third straight session, with technology and energy shares leading the advance.

The S&P/ASX 200 climbed 0.36 percent to 7,997.10 amid growing expectations of an RBA rate cut in May.

Indian equity indices ended higher on April 28, with the Nifty closing near 24,300.

The Sensex gained 1,005.84 points, or 1.27 percent, to settle at 80,218.37, while the Nifty advanced 289.15 points, or 1.20 percent, to close at 24,328.50.

Among the top performers on the Nifty were Reliance Industries, SBI Life, Bharat Electronics, Sun Pharma, and JSW Steel.

Wall Street on Friday

On Wall Street, US stocks ended Friday on a firm note and posted strong weekly gains as optimism grew that tariff-induced uncertainty had peaked.

President Trump told Time magazine that trade negotiations with China were underway and that Chinese President Xi Jinping had called him; Beijing, however, denied the claim and urged Washington to “stop creating confusion.”

Investors largely brushed off disappointing economic data showing US consumer sentiment falling to one of the lowest levels on record and long-term inflation expectations hitting their highest since 1991.

The Nasdaq Composite rallied 1.3 percent, the S&P 500 added 0.7 percent, and the Dow Jones Industrial Average ended flat with a positive bias.

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