The global crypto market has seen many developments and twists in 2024 from Bitcoin ETF approval to Bitcoin’s long-awaited target of $100K achievement. In this article we will explore the significant event which has poured more excitement in the market boom. January: The SEC Approves Bitcoin ETFs The U.S. SEC
Since November 6th, following Donald Trump’s victory in the U.S. presidential election, the global cryptocurrency industry has been more excited than any other industry. To validate this, prominent companies in the cryptocurrency industry show strong support for President-elect Donald Trump by pledging millions to his inauguration fund, signaling their belief
World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by Donald Trump and his family, has made an aggressive cryptocurrency purchase. In December alone, the project spent $44.75 million acquiring various cryptocurrencies. Since November 30, WLFI has steadily increased its investments. Major Investments by WLFI According to blockchain monitoring
The announcement by U.S. President-elect Donald Trump about creating optimism. He stated “Bitcoin is going to represent our once-in-a-century opportunity of securing economic supremacy for America,” Bitcoin reserve as America’s Strategic Economic Asset Trump has positioned Bitcoin as a strategic asset that could help the U.S. maintain its global economic
Donald Trump’s transition team is reportedly examining the changes to the federal banking regulatory framework in collaboration with the recently established Department of Government Efficiency (DOGE). The proposals, which could reshape the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), have raised concerns.
The Bitcoin MENA (Middle East and North Africa) conference in Abu Dhabi. Has recently got attention for its cutting-edge discussions on cryptocurrency especially Bitcoin and for the influential personalities. From prominent crypto figures like Binance’s CZ to Elon Musk were expected to attend and key members of Donald Trump’s inner
The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives. Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to
Donald Trump’s post-election narrative isn’t just about politics—it’s making waves in the crypto world. Market intelligence firm Arkham Intel reports that Trump’s cryptocurrency portfolio, worth $6.9 million, has seen significant growth since his November 5 presidential victory, fuelled by a strong market rally. Interestingly, while Bitcoin (BTC) has been a
Bitcoin’s Recent Pullback Despite Trump’s Winning Bitcoin recently saw its longest losing streak since Donald Trump’s election victory, dropping 6% over three days and stabilizing around $92,000. There was huge expectation around it to cross $100000 but it failed, with profit-taking and global market uncertainty by Trump’s recent tariff proposals
Justin Sun, the founder of the TRON blockchain, has become the largest investor in Donald Trump’s crypto project, World Liberty Financial (WLFI), with a $30 million investment. Sun acquired 2 billion WLFI tokens at $0.015 each through a wallet linked to HTX (formerly Huobi), the crypto exchange he controls. Announcing
