Category Archive: Cryptocurrency, No picture
As Trump takes office, SEC bids farewell to outgoing Chair Gary Gensler
Key Takeaways Gary Gensler is stepping down as SEC Chair. Under Gensler, the SEC brought 100 crypto-related enforcement actions. Share this article The SEC on Monday issued a statement bidding farewell to SEC Chair Gary Gensler, who has led the agency since April 2021. Gensler’s exit comes as Donald Trump begins his second term in […]
Stock Indices Will Hit Massive New Highs In 2028
Image Source: Unsplash I’m calling it now: Stock indices will hit massive new highs by the end of 2028. I predict that the SPX 500 will get to 10,000, the Dow Industrials will get to 70,000.Seems like a stretch, right? Well, when you think about it, the indices only need to average about 13-15% in gains each […]
Energy Markets Pull Back
Image Source: Unsplash The slight retreat in WTI crude oil futures around $77.6 per barrel reflects a market grappling with the complex interplay of geopolitical developments, supply-side uncertainties, and shifting policy expectations tied to President-elect Donald Trump’s incoming administration. The prominent question is whether potential easing of U.S. sanctions on Russia, aimed at fostering a resolution […]
Ethereum Foundation considers staking its $1B ETH holdings amid criticism and leadership overhaul
Key Takeaways The Ethereum Foundation is exploring staking options amid criticism of its asset management. Vitalik Buterin cited regulatory challenges as historical reasons for not staking. Share this article The Ethereum Foundation has been catching flak for just selling ETH to pay the bills instead of exploring staking or DeFi. Now, according to Vitalik Buterin, […]
Trump’s Meme Coin Surges To $12 Billion Valuation As Bitcoin Hits Record High, Spotlighting Regulatory And Political Risks
The surge in Donald Trump’s newly created meme coin, coupled with bitcoin reaching record highs, underscores both the dynamism and volatility of the digital asset market. The launch of the so-called Trump token at a nearly $12 billion market capitalization highlights how political figures can leverage brand awareness and public visibility to attract significant capital inflows […]
MicroStrategy shareholders to decide on major stock increase to advance Bitcoin strategy tomorrow
Key Takeaways MicroStrategy plans to increase authorized shares to support its Bitcoin purchasing strategy. The company’s Bitcoin holdings surge to 450,000 BTC, now valued at $48.5 billion. Share this article MicroStrategy shareholders are set to vote on several key proposals during a special meeting scheduled for 10 a.m. New York time on Tuesday, according to […]
AUD/USD Rallies To Near 0.6260 Before Trump 2.0
The AUD/USD pair soars to near 0.6260 in Monday’s North American session. The Aussie pair rallies as the US Dollar (USD) plunges on a thin-trading volume day, with United States (US) markets remaining closed on account of Martin Luther King’s Birthday.The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, dives to near 108.30 as reports from the […]
If China Is In The 60%Tariff Crosshairs
During his campaign and leading up to his inauguration, Trump has articulated his stance on several pivotal economic policies. He aims to reduce domestic corporate and income taxes, impose steeper tariffs on imports, promote fossil energy usage, and expel illegal immigrants. Trump, who has called tariffs “the greatest thing ever invented,” has proposed imposing a […]
Bitcoin Hits New All-Time High Ahead Of Trump’s Inauguration
The cryptocurrency market’s turbulence persists as Bitcoin (BTC) surged by approximately $7,000 within minutes, achieving a new all-time high of $109,114, as per data from coinmarketcap.As per data from Binance, Bitcoin (BTC ) briefly touched 109,588 USDT, setting a new record highThis milestone comes just hours before the inauguration of President-elect Donald Trump.Bitcoin (BTC) currently […]
