Bitcoin supporters have expressed disappointment with language in US President Donald Trump’s cryptocurrency executive order to study a “stockpile of digital assets.” There was not a single mention of any major cryptocurrency here.“‘Bitcoin’ is not mentioned once in the executive order,” podcast host Peter McCormack said in a Jan. 23 X post. Meanwhile, other Bitcoin supporters are concerned that the reserve should only include Bitcoin (BTC) and could potentially include other cryptocurrencies. “The Bitcoin maxis is really suffering from the ‘digital asset’ language,” Travis Kling, chief investment officer at Ikigai Asset Management, wrote about X.President Trump’s January 23 order directed…
Author: Crypto Flexs
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Cardano price started a new decline below the $1.050 area. ADA is consolidating and may struggle to initiate a new hike above the $1.0250 level. ADA price started a new decline in the $1.150 area. The price is trading below $1.0550 and the 100-hour simple moving average. On the hourly chart of the ADA/USD pair, there is a bearish trendline connecting with resistance at $1.040 (data source from Kraken). Breaking out of the $1.050 resistance area, the pair could begin another rally. Cardano Price Faces Hurdle After struggling to stay above the $1.150 level, Cardano began a new downward trend,…
James Ding January 22, 2025 02:49 BITMEX introduces a Melaniausdt indefinite contract with a 25 -fold leverage, providing a chance to get a $ 10,000 prize from a trader. Bitmex announced a new permanent contract for Melaniausdt, which disclosed at 04:00 UTC on January 20, 2025. This new listing allows you to participate in the Melaniausdt pair on the platform and provide up to 25 times leverage. Bitmex. Use and transaction opportunities The introduction of Melaniausdt means a significant addition to BitMex’s products and provides traders with an opportunity to take advantage of their…
Peter Jang January 22, 2025 03:46 Captide revolutionizes financial analytics by integrating LangGraph and LangSmith to deliver unprecedented efficiency in extracting insights from financial data. Captide is revolutionizing equity research by unifying advanced agent workflows with LangGraph and LangSmith. According to LangChain, this strategic move will redefine how investment research teams process and analyze financial data, delivering unprecedented efficiency and accuracy. Redefine financial analytics with NLP workflows Captide’s platform leverages natural language processing (NLP) to streamline the extraction of insights and metrics from regulatory filings and investor relations documents. By simplifying complex analytical tasks,…
President Trump officially officially deleted the controversial guidelines of the US Securities and Exchange Commission, which effectively prevent US banks from holding cryptocurrency assets. The new administration abolished the employee accounting announcement 121, which allows the bank to identify the cryptocurrency assets held on behalf of the customer as a debt of the balance sheet. The bill to eliminate the guidelines passed both the House of Representatives and the Senate last year, but President Biden vetoed. This problem is a top priority among cryptocurrency supporters, but the removal of the rules was not a campaign promise. Bank of America CEO…
Chinese KOLs make millions off US president’s memecoin. U.S. President Donald Trump’s memecoin launch has boosted Chinese-language trading accounts by millions of dollars. Trump launched the token just days ahead of his presidential inauguration on January 20. Memcoin’s market capitalization quickly soared, briefly placing it in the top 15 cryptocurrencies before the debut of a companion token named after first lady Melania Trump. Blockbeats, a Chinese-language blockchain media outlet, analyzed transaction data and reported that the price surge of the TRUMP token coincides with Asian trading hours. Chain Insight, a Chinese Key Opinion Leader (KOL) wallet tracker, identified 12 Solana…
Ethereum has been consolidating in a narrow price range for several months, trading between $3,200 and $3,500. Despite the recent rally in the broader market, ETH is still struggling to break out of this range. This downturn comes after a prolonged decline from the all-time high of $4,800 recorded in late 2021. The cryptocurrency is currently down about 32% from this peak. Notably, even the appointment of a new cryptocurrency-friendly administration and new regulatory clarity have done little to push Ethereum beyond its current level of resistance. Amid these market conditions, ShayanBTC, a contributor to CryptoQuant’s QuickTake platform, highlighted important…
Polygon’s NVT ratio has been rising over the past two days, suggesting a lack of strong network activity to support the upward trend. Continuing the downward trend, Polygon’s 30-day dApp volume also decreased by 41%. Polygon (POL) The bearish trend followed a 9% drop in 7 days. At press time, POL was trading at an important support level of $0.43, with a break above this level expected to apply further downward pressure. Most of this decline comes from increased sales activity. However, Polygon’s recovery attempts are also being hampered by reduced network usage. As network activity decreases, Polygon’s NVT rises.…
Timothy Morano January 22, 2025 04:15 Enterprise customers can now leverage Google Cloud Platform credits to access ElevenLabs’ advanced speech AI models, increasing the value of their existing GCP investments. In a significant advancement for businesses relying on artificial intelligence, you can now access ElevenLabs’ suite of speech AI models using Google Cloud Platform (GCP) credits. According to ElevenLabs, this integration aims to maximize the value of existing GCP investments for enterprise customers. Enhanced AI capabilities for businesses ElevenLabs, known for its cutting-edge AI technology, now offers a variety of speech AI models that…
U.S. President Donald Trump officially issued an executive order to ‘strengthen U.S. leadership in digital financial technology.’ The directive sets out an ambitious strategy to strengthen the United States’ role in the global digital asset economy, specifically by approving open blockchain technologies such as Bitcoin while flatly rejecting the development of central bank digital currencies (CBDCs). A significant move towards Bitcoin At the core of this mandate is a clear commitment to: Promote the responsible development and use of digital assets.Affirm citizens’ rights to access and participate. Open public blockchain A network without interruption. For Bitcoin advocates, this represents groundbreaking…