Tag: Bitcoin
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Trump-Family Memecoins Face Sell-Off as Investors Flee
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The cryptocurrency world has been set ablaze with the recent launch of the TRUMP and MELANIA memecoins. These tokens, inspired by President-elect Donald Trump and the First Lady, initially soared to a combined market cap of over $17 billion. However, the hype quickly gave way to a massive sell-off, exposing the volatile nature of memecoins.…
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Bitcoin Hits Record High as Trump’s Meme Coins Spark Crypto Frenzy
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Bitcoin has soared to unprecedented levels, crossing $109,000 for the first time in its history. This surge comes amid a wave of excitement in the cryptocurrency market, fueled by incoming US President Donald Trump and his audacious entry into the crypto space. Trump’s Cryptocurrency Gambit: $TRUMP and $MELANIA Over the weekend, Donald Trump launched his…
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How Will Markets React to $2.8B Crypto Options Expiring Today?
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Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, which means that bulls and bears are evenly matched with similar numbers of long (call) and short (put) contracts expiring. Open interest, or the value or number of BTC options contracts yet to expire, is highest at the $120,000…
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The TON Foundation is getting ready to grow significantly in the United States.
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An Organisation responsible for developing and supporting the “open network blockchain”, the TON Foundation has plans to spread its wings into the market of the United States, predicting more favorable regulatory conditions under newly elected President Donald Trump. The expansion strategy of the United States includes the foundation’s designation of Manuel Stotz, founder of Kingsway Capital…
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Bitcoin Holds Strong at $96K as US PPI Data Bolsters Optimism
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Bitcoin experienced a fresh resurgence on 14 January, maintaining its position above $96,000 during the Wall Street open. The recovery coincided with the release of US macroeconomic data, which provided a welcome boost to risk assets. Bitcoin Gains Momentum Alongside Stocks Data from TradingView revealed that BTC/USD extended its upward trajectory, following a dip to…
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Trump’s Crypto Game-Changer: Bitcoin Eyes $100 Trillion Market Cap
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Bitcoin has surged once again, riding a wave of optimism driven by whispers of major policy changes under Donald Trump’s potential return to the White House. Speculation about sweeping crypto reforms is fueling excitement among investors, with some predicting Bitcoin could soar to unprecedented heights. Bitcoin Surges on Trump’s Crypto Vision Following a turbulent period,…
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Bitcoin Under Pressure Amid Fed Rate Uncertainty Post Jobs Report
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Bitcoin (BTC) stumbled at the start of the week as robust U.S. jobs data prompted investment banks to reassess Federal Reserve (Fed) rate expectations. The flagship cryptocurrency slipped below $93,000, marking a 1.6% decline, with broader risk assets also trading weak. Bitcoin Falters Below Key Support Levels Bitcoin, the largest cryptocurrency by market value, dipped…
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Kenya Moves to Regulate Cryptocurrencies with Draft Proposal
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Kenya has unveiled a draft proposal aimed at regulating cryptocurrencies, signalling a shift from the Central Bank of Kenya’s (CBK) historically cautious stance. The proposal, titled National Policy on Virtual Assets and Virtual Asset Service Providers, is open for public feedback until 24 January 2025. A Framework for Fair and Stable Markets Treasury Cabinet Secretary…
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Could This Token Overtake Ripple as the Top Crypto Performer by 2025?
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As the cryptocurrency market continues to mature, investors are eyeing projects with innovative use cases and substantial growth potential. Ripple (XRP) has long been a prominent player in the space, thanks to its focus on cross-border payments and partnerships with financial institutions. However, Lightchain AI (LCAI), a next-generation blockchain platform, is emerging as a serious contender…
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Amazing Cryptocurrency Survey Results! Trump Is Coming with a Big Wave!
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Donald Trump, who came to the fore with his support for Bitcoin (BTC) and cryptocurrencies and won the presidential race, increased the interest in crypto in the USA. Accordingly, investors said they were more open to investing in cryptocurrencies after Trump won the US elections in November. According to the results of a survey conducted…