[ad_1] Yes, I know, you’re here to let the hate flow. You’ve bought all the rhetoric. Donald Trump likes crypto. He is embracing DeFi. He has his own shoes, and coins. He’s going to fire Gary! Like Polymarket in October, you think Trump is boo-llish. Unfortunately, you’ve bought a lot of another kind of bull.To unpack this, we have to understand what the Crypto 4 Trump initiative really is – and that’s an alliance of largely public U.S.-based mining firms and exchanges that have come together to spend aggressively to end their mistreatment. They are tired of being sued and harassed, and otherwise chased out of America.…
Author: dfrancis36
[ad_1] The UK’s Financial Conduct Authority (FCA) has defended its “too tough” approach to registering cryptocurrency firms, arguing that robust standards are essential for building a sustainable and trustworthy digital asset sector.In a statement released today (Monday), Val Smith, Head of Payments and Digital Assets at the FCA’s authorizations division, addressed criticism that the regulator’s stringent requirements could potentially stifle innovation in the crypto industry and that the bar for registration is set “too high.”Crypto Companies Want to Build on Sand. FCA Wants to Build on “Sturdy Foundations””Innovations built quickly on unsafe, unregulated and untrusted foundations become a house built…
[ad_1] Elon Musk, CEO of Tesla and SpaceX, directly mentioned XRP for the first time during a Town Hall meeting in Pittsburgh, Pennsylvania. The dialogue unfolded when an attendee, seemingly a supporter, asked Musk: “Do you envision the XRP Ledger being incorporated into financial institutions in the future?” He responded thoughtfully: “I do think that cryptocurrency is an interesting and probably valuable bulwark against centralized control.” Musk, who has to be careful what he says in public due to his reach and popularity, apparently tried to avoid any misunderstandings and interpretations, which is why he clarified further, “this is definitely…
[ad_1] Este artículo también está disponible en español. Bitcoin price extended gains above the $68,000 resistance zone. BTC is now consolidating and aiming for more gains above the $69,500 resistance. Bitcoin remained stable and extended gains above the $68,500 zone. The price is trading above $68,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with support at $68,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further if there is a close above the $69,450 resistance zone. Bitcoin Price Rises Toward $70,000 Bitcoin price remained supported…
[ad_1] A blockchain tracking firm says a crypto trader known for accurately calling tops and bottoms has caused a massive correction for MAGA (TRUMP), a memecoin inspired by presidential nominee Donald Trump. The pseudonymous trader known as Gigantic Rebirth (GCR) reportedly sent over half of his TRUMP stack to crypto exchange MEXC, presumably to sell on the open market, according to Lookonchain. “Legendary trader GCR (GiganticRebirth) deposited 466,000 TRUMP ($2.4 million) to MEXC, causing the price to drop by 10%. GCR spent 703,000 USDT to buy 936,000 TRUMP at $0.75 from Dec 9th, 2023 to Jan 19th, 2024. He currently…
[ad_1] Este artículo también está disponible en español. Ripple Labs is approaching a pivotal turning point with a potential initial public offering (IPO), a development that has been speculated about for some time. An IPO could be a transformative moment reminiscent of Amazon.com Inc.’s initial public offering (IPO) in 1997. Jake Claver, a Qualified Family Office Professional (QFOP), articulates this perspective in a thread on X, suggesting that Ripple’s strategic maneuvers could mirror the trajectory that propelled Amazon into a global tech behemoth. According to Claver, the company has cemented its position within the blockchain ecosystem through its robust cross-border…
[ad_1] The crypto industry is buzzing this year, not just because of new memes, coin pumping, or Bitcoin leading another bull run. It’s now a hotly debated election issue, dividing the electorate and promising to bring the industry to new heights. And we’re not just talking about the US elections and Trump’s pro-crypto stance; digital currency as an election issue has spilled over to Japan, where it’s scheduled to hold its general elections this October 27th. Yuichiro Tamaki, the leader of the Democratic Party for the People (DPP), has recently promised tax cuts and reforms as part of the party’s…
[ad_1] Este artículo también está disponible en español. With an impressive increase in coin acquisition, Ethereum aficionados are causing waves in the crypto space. From January’s 11.5 million, the most recent statistics reveal a solid 19 million ETH now stashed in long-term holding addresses, almost doubled, data from CryptoQuant shows. With investors apparently increasing their bets, this huge surge points to a growing faith in Ethereum’s future. The crypto world is rife with conjecture since many estimate this count will reach 20 million by year’s end. Related Reading Clearly, there is a significant optimism in Ethereum’s long-term potential despite market…
[ad_1] In a stark critique of the European Central Bank’s latest research, prominent analyst Tuur Demeester has labeled the ECB’s new publication as a “true declaration of war” against Bitcoin. The ECB’s paper, titled “The Distributional Consequences of Bitcoin,” authored by Ulrich Bindseil and Jürgen Schaaf, has ignited a fervent response from the BTC community. The ECB’s paper challenges the foundational premise of Bitcoin by arguing that its appreciation does not contribute to the productive capacity of the economy. Instead, the paper posits that a sustained increase in BTC’s value leads to redistributive effects, where the consumption and wealth accumulation…
[ad_1] Este artículo también está disponible en español. Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone. Ethereum remained in a positive zone above the $2,580 and $2,620 resistance levels. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,750 and $2,780 resistance levels. Ethereum Price Aims For More Gains…