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Canadian Prime Minister Mark Carney made headlines today with a passionate “No” to US President Donald Trump’s provocative suggestion that Canada should be the 51st American state. Carney sent a strong message in a Tuesday meeting at the White House . “Canada is not for sale,” he told President Trump in the Oval Office. “It won’t be for sale — ever.” The comment was prompted by a remark from Trump that Canada should be made its 51st state. It was the first face-to-face meeting between the two men since Carney won the elections last month. The former central banker campaigned on a stridently anti-Trump platform, vowing to resist US interference in Canadian affairs. In the Oval Office, Trump joked about Carney’s rise to power, saying he believed he was the greatest thing that had ever happened to Carney. He added that Carney’s victory was probably one of the greatest political comebacks in history — even better than his own. Carney did not laugh off Trump’s proposal despite the humor. He remarked that, as anyone in real estate would know, some properties are never for sale — and Canada, he emphasized, was one of them. Canadians value their independence, Carney stressed, and no one will ever agree to be a part of the United States. He added that he had spoken to the real owners of Canada — the people — and they had clarified that Canada was not on the market. But Trump said , “never say never,” after Canada’s PM said that Canada is not for sale. He insists it won’t make talks harder and points out that even “not doable” deals get done if they’re in the interests of both parties and are made by negotiators who become friends. The exchange of territory was not the only thing on the table. Carney challenged Trump’s overlong-running trade disputes , including US tariffs on Canadian steel, lumber, and cars. Canada is protesting that the tariffs would be illegal under the existing free-trade agreement — the same pact Trump vowed to scrap shortly after taking office. Carney urged them to back off, regretting the damage to Canadian businesses and jobs. However, Trump refused, insisting that the US does not need products from Canada. He said the country is building several steel industries, and the tariffs will soon make sense to Americans. Analysts say the crisis could be costly for both economies. Canadian manufacturers are already cutting back, and some American companies are getting pinched by the higher prices. In Canada, Trump’s annexation comments sent a shudder of dismay. Criticism was swift on social media. Canadian politicians of all stripes quickly criticized the proposal. A public opinion poll released yesterday shows that more than 85% of Canadians would be against any suggestion to become part of the US. Carney later released a short statement, saying that he believes in strong relations with the US — but on equal footing. The two shook hands to close the meeting, but that doesn’t mean tension has subsided. The two sides agreed to continue discussing a trade deal, but no new deals were announced. Analysts said the divide will likely grow in the months ahead, especially as the US election season heats up. But Carney’s tough talk is winning applause at home. Many Canadians consider his strong words a much-needed contrast to Trump’s escalating aggressiveness. The two leaders were cordial but cautious, leaving observers unsure if this was just a dramatic moment or the start of a prolonged standoff. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets. The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations for imminent trade deals during a meeting with Canadian Prime Minister Mark Carney. “We don’t have to sign deals,” Trump said , contradicting earlier remarks by both himself and Treasury Secretary Scott Bessent, who had suggested major agreements were close. Shares of Tesla declined over 2% after new car sales in Germany and the U.K. hit two-year lows, despite growing demand for electric vehicles. Tech stocks like Nvidia and Meta also fell, along with Goldman Sachs, which pulled the Dow lower. Markets are also focused on the Federal Reserve, which kicked off its two-day policy meeting Tuesday. The central bank is widely expected to hold rates steady, with futures markets pricing in just a 2.7% chance of a rate cut. However, investors are looking for guidance from Chair Jerome Powell on how the Fed is interpreting the economic impact of renewed tariff tensions. While service sector data released Monday showed surprising strength, market participants remain concerned about the longer-term implications of Trump’s evolving stance on trade. Hedge fund manager Paul Tudor Jones warned that even partial tariffs could still act as significant tax increases, potentially shaving several percentage points off economic growth.

Antalpha, a digital asset financial services platform, has applied to be listed on the Nasdaq Global Market Antalpha, a digital asset financial services platform, has applied to be listed on the Nasdaq Global Market under the ticker symbol "ANTA", with an expected offering price of between $11 and $13 per share. As Bitmain's main lending partner, Antalpha provides Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to initiate and manage their digital asset loans and monitor collateral positions through near real-time data. (Globenewswire)

🇺🇸 NOW: Trump said he looks forward to meeting Canada’s new Prime Minister Mark Carney but questioned why the U.S. is subsidizing Canada by $200 billion a year.

The XRP price is struggling, having dropped more than 10 percent in the last week from $2.33 to $2.10, just above the $2 barrier. This short-term down movement, though, is likely to be a reversal as per chart patterns. The chart plots a falling wedge pattern, which is typically a signal of an imminent breakout. Given this configuration of lower highs and lower lows from April 28 to May 6, an immediate focus of attention is whether a breakout above $2.14 would spark a recovery toward $2.36, a projected increase of 10%. Now, XRP price trades near the 61.80% Fibonacci retracement level at $2.13 inside an important demand zone between $2.13 and $2.14, as mentioned in our last news story. The 4-hour chart shows a warning of a potential death cross given by the 50 and 200 EMAs, which seems like a touch, but an RSI near the oversold boundary suggests falling momentum, but a bullish reaction is also possible. This means that in case the wedge pattern confirms an upward breakout, the price could see short-term movement towards $2.50, as depicted by Fibonacci indicators. Under favorable conditions, the extended targets extend from $2.75 to $3.15. Not taking the support in the current structure can push it down to the 50% Fibonacci level at the $2 mark. Other than that, Ripple in its Q1 2025 market report suggests several developments that could affect XRP in the near term. Political tailwinds like the US crypto executive order by President Donald Trump and SEC Chairman Paul Atkins also provided some confidence. The support for stablecoin regulation bolsters an already evolving legislative environment. Institutional involvement continues to grow. Volatility Shares filed for three more XRP ETFs, meanwhile Franklin Templeton filed an S‐1 registration for an XRP ETF. In parallel, a local XRP ETF has been approved by Brazil’s securities regulator CVM, and the CME Group has introduced XRP Futures products, as reported in our last news story. Even with $37.7 million of weekly outflows, overall flows for XRP into investment vehicles have totaled $214 million year to date. This puts the Ripple token second only to Ethereum on global fund flows. Q1 2025 also saw the XRP Ledger cool off on the activity side with 30–40% new wallet creation and overall transactions. Decentralized exchange (DEX) volume also fell by 16% compared to the previous quarter. Meanwhile, Ripple’s RLUSD stablecoin is one of the largest on chain players. RLUSD’s market capitalization is over $90 million and so far, has added over $300 million in cumulative DEX volume, as highlighted in our previous story. Furthermore, Ripple also managed a $1.25 billion acquisition of prime brokerage firm Hidden Road, one of the biggest digital asset M&A deals yet. This will help accelerate Ripple’s plan to position RLUSD as a utility stablecoin with wider enterprise use. RLUSD plans to be integrated across marginal solutions between traditional and digital financial markets, which could represent a model for stablecoin usage.