Donald Trump’s Win Coupled With Macro Factors Sets Stage For ‘Accelerated Cycle’ In Crypto Markets, Analyst Predicts
Following Donald Trump’s recent election win, crypto analyst Miles Deutscher foresees bullish momentum for the crypto market, fueled by favorable macroeconomic conditions. What Happened: In a podcast update, Deutscher shared his belief that with the Republican Party in control, crypto-friendly legislation could advance more easily, benefiting the sector. He...
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Donald Trump Could Pardon Ross Ulbricht, January 6 Protestors And One Other Controversial Figure, Polymarket Traders Speculate
Polymarket bettors are giving the highest odds to Jan. 6 protestors and Ross Ulbricht as likely candidates for a pardon from Donald Trump when he assumes office in January. According to the prediction market, there is an 85% chance Trump will pardon individuals involved in the Jan. 6 Capitol...
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Dogwifhat Struggles To Keep Up With Dogecoin, Shiba Inu: What Is Going On?
Dogwifhat’s (CRYPTO: WIF) underperformance has caught the attention of traders, who think better times are on the horizon for the canine-themed meme coin. What Happened: Despite falling prices, crypto trader asad sees the risk-to-reward ratio for a run to $10 for Dogwifhat as favorable. Crypto trader Scient believes the...
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Kalshi rolls out political betting contracts for Trump presidency
The prediction market has listed contracts for betting on events including a prospective Trump impeachment....
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Coinbase CEO Brian Armstrong Warns: ‘Being Anti-Crypto Is A Good Way To End Your Career’
Coinbase Inc. (NASDAQ:COIN) founder Brian Armstrong issued a strong warning to lawmakers, stating that opposing cryptocurrency is now a “good way to end your career.” What Happened: Armstrong’s comments follow election results that, according to his “reflections on the election through a crypto lens,” signal a shift in U.S....
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Cryptocurrency Arbitrum Up More Than 9% In 24 hours
Arbitrum’s (CRYPTO: ARB) price has increased 9.81% over the past 24 hours to $0.57. Over the past week, ARB has experienced an uptick of over 7.0%, moving from $0.53 to its current price. As it stands right now, the coin’s all-time high is $2.39. The chart below compares the...
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Cryptocurrency Ethereum Classic Rises More Than 4% In 24 hours
Ethereum Classic’s (CRYPTO: ETC) price has increased 4.51% over the past 24 hours to $19.75. Over the past week, ETC has experienced an uptick of over 5.0%, moving from $18.85 to its current price. As it stands right now, the coin’s all-time high is $167.09. The chart below compares...
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JPMorgan Predicts Strong Performance For Bitcoin And Gold Under Trump Presidency
Following Donald Trump‘s presidential win, JPMorgan (NYSE:JPM) analysts expect both Bitcoin (CRYPTO: BTC) and gold to see significant gains, attributing the expected growth to a “debasement trade.” What Happened: This investment approach is designed to benefit from currency devaluation, often resulting from inflationary or expansionary fiscal policies, The Block...
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Cryptocurrency Aave’s Price Increased More Than 12% Within 24 hours
Over the past 24 hours, Aave’s (CRYPTO: AAVE) price rose 12.48% to $180.46. This continues its positive trend over the past week where it has experienced a 24.0% gain, moving from $146.1 to its current price. As it stands right now, the coin’s all-time high is $661.69. The chart...
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Cryptocurrency Wrapped eETH’s Price Increased More Than 7% Within 24 hours
Over the past 24 hours, Wrapped eETH’s (CRYPTO:WEETH) price rose 7.41% to $2,942.48. This continues its positive trend over the past week where it has experienced a 10.0% gain, moving from $2,693.93 to its current price. As it stands right now, the coin’s all-time high is $4,196.87. The chart...
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