[ad_1] Tron’s founder, Justin Sun, took X to congratulate the newly elected 47th president of the United States, Donald Trump. The pro-industry Republican candidate’s victory has ignited speculation about the sector’s new era, including the future anti-crypto regulators like Securities and Exchange Commission (SEC) chairman Gary Gensler. Is Justin Sun Hiring Gary Gensler? The US election was one of the most anticipated political events of the year, as its outcome was expected to impact the country’s crypto industry development. The candidates’ stance on digital assets became an increasingly decisive factor throughout the campaign, with millions of dollars being donated in…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Following Donald Trump’s victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away. Trump’s Election Signals Shift Toward Pro-Crypto Policies With Trump’s administration firmly established, CNBC reports that Bitcoin has already reached an all-time high of $75,500, signaling a potential shift towards a more crypto-friendly regulatory environment starting in 2025. The combination of Republican control of both the Senate and the…
[ad_1] With Donald Trump elected as the 47th president of the United States, the prospect of establishing a national Bitcoin reserve is gaining momentum. Trump has pledged to make BTC a cornerstone of the country’s economic recovery during his upcoming administration, which is set to begin on January 20, the day of his inauguration ‘We Are Going To Build A Strategic Bitcoin Reserve’ Pro-crypto Senator Cynthia Lummis has been a vocal advocate for this initiative, introducing the Strategic Bitcoin Reserve Legislation on July 31. This legislation follows earlier discussions at the 2024 Bitcoin National Conference held in Nashville, Tennessee, where…
[ad_1] Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The market cap here is just the total valuation of BTC’s circulating supply at the current spot price. The other metric, the realized cap, is also a capitalization model for the asset, but…
[ad_1] Although the Bitcoin (BTC) price made new all-time highs (ATH) today, there could be more gains for the cryptocurrency’s future price trajectory. Bitcoin To Hit $100k By Inauguration Day? Following the victory of the Republican presidential candidate Donald Trump, the leading digital asset witnessed a steep surge in price, breaking through its previous ATH of $73,737 posted earlier this year in March. A new report by cryptocurrency custodian Copper.co posits that BTC’s upward momentum may extend into 2025. Commenting, Fadi Aboualfa, Head of Research at Copper.co, stated: We have back-tested the ETF accumulation trend against potential price ranges.A $100,000…
[ad_1] Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today. The dramatic price increase has prompted widespread discussion within the cryptocurrency community, with prominent analysts offering their insights on the next…
[ad_1] Donald Trump’s election as the 47th president of the United States has sent shockwaves through the financial markets, particularly in the crypto sector. Following his victory announcement, Bitcoin surged to a new all-time high of $75,385, marking a significant rebound for the digital asset market. This rise comes amid a series of promises Trump made during his reelection campaign to support and foster growth within the cryptocurrency industry. Trump’s Vision For Crypto With Trump now back in the White House for the 2025-2029 term, he made ten key promises during his campaign that could shape the future of digital assets in…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Bitcoin has surged by 7.7% in the last 24 hours following Donald Trump’s win in the US election. This victory has sparked a positive market reaction, with BTC breaking above its all-time high and reaching new price levels, fueling excitement among investors. Many speculate that this could be just the beginning of a larger rally. Key data from CryptoQuant shows a sharp increase in US demand for BTC, which aligns with the market’s optimism. The Trump win, along with the anticipation surrounding the Federal Reserve’s upcoming decision on interest rates, is adding further momentum to Bitcoin’s bullish trend. These…
[ad_1] Este artículo también está disponible en español. Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump. Could Trump’s Victory Catapult Dogecoin To $23? Earlier today, Trump was elected the 47th US president with a convincing win over Democratic presidential candidate Kamala Harris. Following Trump’s victory, Bitcoin (BTC) surged past its all-time high (ATH) of $73,737, reaching unprecedented levels. Related Reading While BTC is trading at new highs, the ripple effect of a Trump victory is expected to impact other digital currencies,…