The cryptocurrency world welcomes the Trump couple! As soon as the "First Lady" token was launched, the value of the Trump coin plummeted by 30%.
① Trump launched the Trump emoji token last Friday, reaching a Market Cap of 15 billion dollars within 48 hours; ② Last Sunday, Trump's wife Melania also issued Melania coins, triggering a massive sell-off of Trump coins; ③ Although Trump coins and Melania coins are defined as non-investment opportunities or securities, the market is concerned that the tokens of this couple may take away the Trade enthusiasm from Other tokens in the crypto market.
Express News | Bitcoin Fell Below $100,000, Down Over 4% Intraday
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Trump is reportedly going to prioritize Cryptos as a national issue, which could mark a historic year for the crypto community.
According to media reports citing informed sources, the elected president of the USA, Trump, is planning to issue an executive order next Monday after taking office that will prioritize Cryptos as a national issue and give insiders in the Industry a voice in his government. Boosted by this news, the price of Bitcoin surged significantly during the Asian trading session on Friday, recovering to the 0.1 million dollar threshold, trading recently around 0.1016 million dollars.
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Trump is brewing an executive order on Cryptos: designated as a national priority, suspending litigation, and establishing a national reserve.
The USA's Cryptos policy is set for a significant shift, as Trump plans to issue an executive order to elevate Cryptos as a policy priority and give insiders in the Industry a voice in his administration. This executive order may be released as early as Monday.
With Trump's inauguration imminent, the cryptocurrency market is entering a new phase. Can Bitcoin reach new heights again?
With the power transfer to Trump imminent, the intense fluctuations indicate that the market has quietly begun to price in the opportunities and risks that will arise after his inauguration.
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Express News | Bitcoin Surges, Currently Up Over 2%, Surpassing the $99,000 Mark
Coin Metrics: Outlook for the cryptocurrency market in 2025.
The year 2024 is a milestone year for the digital Assets Industry, starting with the long-awaited approval of the spot Bitcoin ETF, and continuing until the end of the USA presidential election.
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Tianfeng: Gold vs Bitcoin, which can replace the US dollar?
AI represents plan A to maintain the hegemony of the dollar, while Cryptos represent plan B to hedge against challenges to the dollar's position. However, whether it is Bitcoin or AI, Energy is an essential element that cannot be overlooked.
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