President Trump’s announcement of a 25% tariff on steel and aluminum imports has impacted the cryptocurrency markets, causing temporary declines in Bitcoin and Ether. However, both cryptocurrencies have shown signs of recovery, and the overall market cap has stabilized. The Crypto Fear & Greed Index indicates lingering fears amidst broader trade tensions. The cryptocurrency markets … Read more
Donald Trump has shifted from opposing cryptocurrencies to supporting them, proposing a U.S. strategic bitcoin reserve during his 2024 campaign. His initiative aims to stockpile bitcoin amidst fears of foreign competition, although critics raise concerns about its practicality and fiscal implications. Legislative challenges could hinder the realization of this idea, given the volatility of bitcoin’s … Read more
President Trump has signed an executive order to create a Bitcoin strategic reserve for cryptocurrencies forfeited to the federal government. The US aims to become the “Crypto Capital of the World” while ensuring no financial burden on taxpayers. This initiative mirrors national reserves of other assets, raising questions about its legal viability and implications for … Read more
Bitcoin’s recent rally has coincided with the surge of Official Trump memecoin, which reached significant highs. While Bitcoin eyes its all-time high, volatility in altcoins and the emergence of TRUMP inject excitement and caution to the market. Traders must remain aware of potential pullbacks as profit-taking could reshape market dynamics. Bitcoin has surged to $106,000, … Read more
Since Donald Trump’s return to the presidency, the crypto market has seen Bitcoin values rise significantly, a pro-crypto regulatory environment developing, and new initiatives, like Trump’s meme coin launch. His administration’s first moves suggest a strong inclination towards supporting cryptocurrency, although some in the community are tempering expectations regarding immediate growth and adoption. Fans of … Read more
Bitcoin has fallen below $102,000, trading at $101,938, with Ethereum also down 3.8% to $3,194. The global crypto market cap declined by 3.4% to $3.52 trillion, with significant losses seen in altcoins like Dogecoin and Sui. Analysts foresee resistance levels for Bitcoin but also potential bullish sentiments ahead. In the timeline of cryptocurrency trading today, … Read more
The SEC has launched a Crypto Task Force, signaling a shift in its approach to cryptocurrency regulation amidst pressures from Congress and the White House. A new bill targeting stablecoins is in discussion, aiming for a clear regulatory framework. Commissioner Hester Peirce is leading the task force and emphasizes collaboration with industry players to resolve … Read more
Crypto momentum is slowing amid no new pro-crypto policy from Trump, sparking concerns of a market correction. Lack of updates could lead to a 10%-20% decline, pushing investors to buy the dip in altcoins. There’s hope for future policy changes, but the absence of progress raises fears in the market. The crypto market is facing … Read more
Bitcoin’s value has dipped below $80,000, declining by 25% since reaching an all-time high. Concerns about tariffs from President Trump and a recent $1.5 billion hack at cryptocurrency exchange Bybit have fueled investor fears. Despite slight recoveries, experts note the potential for further declines, while some analysts predict support around $70,000. Investors express commitment amid … Read more
Following Donald Trump’s announcement of a U.S.-focused crypto reserve, Bitcoin and major cryptocurrencies like XRP, Solana, and Cardano have seen significant price increases. The focus now shifts to an upcoming White House crypto summit aimed at clarifying the strategic reserve’s details and potential regulations, while concerns remain about its execution and funding. The Trump family … Read more