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What’s Next for ETH, XRP, ADA, SOL as Trump Dangles a $2K ‘Tariff Dividend’

The post What’s Next for ETH, XRP, ADA, SOL as Trump Dangles a $2K ‘Tariff Dividend’ appeared com. Bitcoin and major cryptocurrencies extended gains Monday as traders digested U. S. President Donald Trump’s latest economic proposal of a $2, 000 “tariff dividend” for every American, funded by import duties. The plan, unveiled on Truth Social, boosted risk appetite even as some questioned its feasibility and potential inflationary fallout. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” the post said, adding that those opposed to tariffs are “FOOLS!” The rhetoric arrives as Washington’s fiscal debates reheat ahead of 2026 budget talks. Treasury Secretary Scott Bessent said earlier this year that tariff revenues would be used to pay down the national debt, which now stands near $38 trillion, though Trump’s latest comments suggest a populist tilt toward direct cash transfers. While the proposal is unlikely to materialize without congressional approval, markets read it as a fresh injection of fiscal looseness. The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds. Bitcoin BTC$106,242. 47 rose 4. 6% over 24 hours to $106,440, while Ether ETH$3,604. 10 gained 6. 1% to $3,618, data from CoinGecko shows. XRP led majors with an 8. 5% daily jump to $2. 48, and Solana SOL$166. 85 added 6. 1% to $167. 96. Overall crypto market capitalization climbed to about $3. 5 trillion, with roughly $113 billion in 24-hour volumes in an unusually high figure for Sunday trading. XRP’s market-beating rally came on the heels of Canary Capital’s third pre-effective S-1 amendment for its proposed Canary XRP ETF, which would list on Nasdaq under the ticker XRPC. The trust will hold XRP in custody with Gemini and BitGo, benchmarked to the CoinDesk XRP CCIXber 60m New York Rate. Whether the “tariff dividend” becomes law or just another campaign talking point, traders appear happy to front-run the liquidity.

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Over 10,000 US Flights Affected as Travel Woes Worsen

More than 10,000 flights in the US were delayed or canceled on Sunday as snowy weather in Chicago added to the stress for airlines coping with a third day of US government-mandated restrictions on air travel. Transportation Secretary Sean Duffy warned that US air travel would come to a virtual standstill during the Thanksgiving holiday in late November if the government shutdown persists, as more air-traffic controllers opt not to work without paychecks. Bloomberg’s Leen Al-Rashdan reports. (Source: Bloomberg)

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Ethereum app revenue hits record high, but will ‘economic machine’ fuel next rally?

The post Ethereum app revenue hits record high, but will ‘economic machine’ fuel next rally? appeared com. Key Takeaways What’s driving Ethereum’s revenue surge? Mostly stablecoin transactions, led by Tether’s USDT and Circle’s USDC. Will ETH’s value benefit from the traction? Tom Lee believes so, but Coinbase analysts still think BTC could dominate in the mid-term. Ethereum [ETH] is in the news today after it scored a record high in application revenue. According to Growthepie’s data, the Ethereum mainnet captured $48 million per day on 14 October from apps, surpassing the previous value of $41 million hit in 2022. On the contrary, the L2s captured 14% of the revenue share, starkly contrasting the view that the sidechains are massively eating into Ethereum’s market share. Reacting to the update, analyst Joseph Young linked the revenue growth to Ethereum’s “positive flywheel” of scaling. He added, “It’s a positive flywheel working: high throughput → low fees → more usage → more value. Ethereum isn’t just scaling. It’s accelerating as an economic machine. Ethereum revenue vs other chains A deeper look into the key growth drivers revealed that half of the revenue came from stablecoin swaps, translating to approximately $46 billion in volume in October alone. In the last 30 days, Hyperliquid netted 30% of the total network revenue, while Ethereum took in 21. 5%, according to Blockworks data. Binance [BNB] came in third place at 16% while Solana [SOL] and Tron [TRX] were tied at fourth with 11%. Will ETH’s price benefit? Well, the traction and.

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German far-right activist seeks asylum in U.S. as Trump ties deepen

Social media influencer Naomi Seibt, a supporter of the nationalist AfD party, said she is being persecuted in Germany for her political views. BERLIN A prominent far-right German activist has applied for political asylum in the United States, citing fears for her safety, as the Trump administration has signaled plans to prioritize protections for White refugees and Europeans who claim they are being targeted for their populist views. The activist, Naomi Seibt, is a social media influencer and supporter of the nationalist, anti-immigration Alternative for Germany (AfD) party, which German authorities have labeled extremist. Seibt, 25, said she is being persecuted in.

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UT Martin defeats NAIA-member Kentucky Christian 97-42

MARTIN, Tenn. (AP) Andrija Bukumirovic’s 17 points helped UT Martin defeat Kentucky Christian 97-42 on Sunday. Dragos Lungu scored 17 points and added five rebounds for the Skyhawks (2-0). Matas Deniusas had 11 points and shot 3 of 7 from the field and 5 of 5 from the free-throw line. The Knights were led.

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