The cryptocurrency market witnessed a significant rally ahead of Donald Trump’s inauguration as the 47th president of the United States, with his newly launched digital token, $Trump, taking center stage. The memecoin surged to a market value of approximately $10.8 billion, reflecting heightened investor optimism for a crypto-friendly administration. Memecoin …
Read More »Trump Plans National Emergency Declaration to Revamp Energy Policies and Push Economic Agenda
President-elect Donald Trump is preparing to declare a national emergency as he assumes office, granting him expanded powers to bolster domestic energy production and roll back climate change regulations, Bloomberg reported on Monday. The announcement is expected to be part of a sweeping set of executive actions on his first …
Read More »Trump Coin Takes the Crypto Market by Storm
On January 17th, 2025, just days before his presidential inauguration, Donald Trump launched a meme coin, aptly named “Trump Coin.” Within 24 hours, the coin achieved an astounding market capitalization of $4.8 billion and a fully diluted valuation of $24.3 billion. This rapid rise has positioned Trump Coin to potentially …
Read More »The cryptocurrency market is buzzing with excitement as Bitcoin continues to demonstrate strength, trading comfortably above the $100,000 mark. This bullish sentiment is fueled by a confluence of factors, with the incoming Trump administration’s potential pro-crypto policies emerging as a key driver.Several economists echo this optimism, predicting a significant price …
Read More »Trump Set to Make Cryptocurrency a National Priority
President-elect Donald Trump is reportedly preparing to issue an executive order that would elevate cryptocurrency to a national policy priority, signaling a significant shift in the U.S. government’s approach to digital assets. According to Bloomberg, the move, expected as early as Monday, could grant the cryptocurrency industry greater influence over …
Read More »Bitcoin Extends Rally Near $100K as Crypto Market Soars on Softer Inflation Data
Bitcoin extended its bullish momentum for the third consecutive session on Thursday, trading near the pivotal $100,000 mark. This rally is fueled by broad market optimism following softer-than-expected U.S. inflation data, which improved investor sentiment across asset classes. As of 01:12 ET (06:12 GMT), Bitcoin rose 2.5% to $99,478.4, after …
Read More »Bitcoin Gains Amid Caution Ahead of U.S. Inflation Data; Tether Relocates to El Salvador
Bitcoin prices saw a modest rise on Tuesday, reversing recent muted performance as traders prepared for a pivotal U.S. inflation report that could shape the Federal Reserve’s interest rate strategy. Bitcoin climbed 1% to $95,374.2 by 00:19 ET (05:19 GMT), recovering from a session low of $89,664.8 on Monday as …
Read More »Crypto Winter Returns? Bitcoin Plunges Amid Fed Concerns
Earlier on Monday, the cryptocurrency market has experienced a sharp downturn, with Bitcoin plunging below $91,000, reigniting fears of a broader crypto market crash. This dramatic decline follows a period of relative strength, fueled by expectations of a more accommodative Federal Reserve. However, recent economic data, particularly the robust jobs …
Read More »Bitcoin Extends Losses as U.S. Rate Concerns and Government Sales Weigh on Market
Bitcoin edged lower on Monday, marking its third consecutive day of decline, as stronger-than-expected U.S. payroll data heightened caution among traders. This reinforced the Federal Reserve’s outlook for limited interest rate cuts in 2025, adding to pressure on the cryptocurrency market. Bitcoin slipped 0.3% to $94,268.7 by 01:12 ET (06:12 …
Read More »Weekly Recap: US Jobs data slams Wallstreet shares amid earnings anticipation
Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …
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