Polymarket bettors currently estimate a 64% chance that the United States will have national Bitcoin reserves by the end of 2025 following Donald Trump’s inauguration. Bettors still show strong support for the US Bitcoin reserve proposal. The concept of US Bitcoin reserves has attracted considerable interest in recent months, with advocates (…)
Author: Crypto Flexs
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Following last year’s successful Bitcoin halving correction, one analyst believes the altcoin is close to sparking a massive rally and outperforming BTC. Household analyst Rekt Capital told his 531,500 followers on social media platform X that the altcoin market is at a stage overlooked by most traders. However, traders note that the prevailing bearish sentiment is setting the stage for altcoins to trigger a surge, leaving many traders on the sidelines. “February was a strong month for altcoins in both 2023 and 2024. Can altcoins enjoy a strong February for the third year in a row? If that’s the case,…
ENA’s rebound from the Fibonacci level of 0.618 implies a bullish final target of $2.61. Analysts predict that ENA will rebound above the $1.46 resistance level for medium- to long-term gains. Athena (ENA) The price structure showed a strong technical setup forming higher lows within a defined upward channel. This price action has caught the attention of market analysts who see potential for further upside based on Fibonacci retracement levels and key resistance targets. Technical setup indicates a bullish trend. ENA was trading at . $0.915 As of press time, 24-hour trading volume was approximately $1.24 billion, up 5.80% from…
Key Takeaways Mark Cuban proposes a 20% float meme coin with all sales proceeds going to the US Treasury, mirroring the structure of the $TRUMP coin. Cuban acknowledges the speculative nature of meme coins and emphasizes the transparency of the project. Share this article Billionaire entrepreneur Mark Cuban has announced plans to launch a meme coin inspired by the $TRUMP token. If meme coins were the way, they would probably issue them. With a twist. terms such as $trump . 20% float. The release schedule is also the same. There is one difference. All proceeds from coin sales go to…
Crypto analysts expect the January 20 inauguration event to be primarily celebratory and pricing rather than market-moving. Donald Trump’s inauguration ceremony has sparked lively debate across the cryptocurrency community, with market experts weighing in on whether the inauguration event will trigger price movements for major digital assets. Ahead of the surprise launch of the Solana-based official TRUM meme coin, industry experts took a conservative stance. Well-established digital assets such as Solana, Bitcoin, and XRP have seen impressive gains following Republicans’ victory over Democrats. Experts attribute this surge because the cryptocurrency market has already priced the inauguration. Minimize movement due…
Bitcoin (BTC) hit a record high of $109,321 on January 20, driven by expectations of a cryptocurrency-friendly government from US President Donald Trump. The optimism comes from campaign promises for regulatory clarity and the appointment of cryptocurrency advocates to key positions.Bitcoin derivatives demonstrate moderate risk appetite in bull markets.Despite the price surge, sentiment among Bitcoin whales and market makers remained stable. Derivatives data showed there was little confidence in further gains beyond $110,000, at least in the short term.Annual premium for Bitcoin 2-month futures. Source: Laevitas.chThe Bitcoin futures premium over the spot market on January 20 rose to 14% from…
Kingstown, Saint Vincent and the Grenadines, January 20, 2025, Chainwire Sui-based DePIN Chirp Announces Token Launch on Major Exchanges Chirp, a Sui-based decentralized physical infrastructure network (DePIN), announced the launch of its $CHIRP token on three major centralized cryptocurrency trading platforms following the launch of a dedicated DePIN infrastructure layer on the Sui blockchain. Chirp is one of the fastest growing DePINs in the cryptocurrency industry with close to 1 million users. The network connects the fragmented world of Internet of Things (IoT) devices through blockchain technology. Built on Sui, Chirp is a community-driven network and platform that provides a…
Coin speaker Gensler’s SEC Exit Shocks Markets: A Crypto-Friendly Era on the Horizon? Gary Gensler, the 33rd Chairman of the Securities and Exchange Commission (SEC), officially resigned today, January 20th. This ends a term filled with controversy and significant regulatory action. Gensler, who took up the role in 2021, leaves behind a legacy of major reforms and strict enforcement in the cryptocurrency sector. “Today is Chairman Gensler’s last day before the Securities and Exchange Commission,” other SEC members said in a statement Monday. SEC members expressed their appreciation for Gensler’s leadership and noted his efforts to strengthen the resilience and…
Traders are looking for more Trump-branded memecoins after President Donald Trump’s eponymous token briefly surpassed $80 billion in fully diluted value (FDV) just one day after its launch on January 18. Discovering the next official Trump coin means sifting through dozens of fake coins. So far, only the official MELANIA token referencing First Lady Melania Trump has been approved by the Trump family. As of January 20, it had fallen back below $6 billion before hitting an FDV of around $14 billion, according to CoinMarketCap.Meanwhile, numerous unofficial clones bootstrapped hundreds of millions of dollars in market capitalization before collapsing. One…
Willemstad, Curaçao, January 20, 2025, Chainwire Cloudbet, a prominent cryptocurrency sportsbook, has added President Trump’s official $TRUMP token to its list of over 40 supported cryptocurrencies. The platform now offers users the opportunity to bet on Canada’s next prime minister using $TRUMP, a memecoin recently launched by U.S. President-elect Donald J. Trump. A Cloudbet spokesperson said: “Trump’s inauguration means there is no further betting on US politics at this time. But north? Canada is wide open. With $TRUMP, you can give Pierre Poilievre the chance to become Prime Minister with 1.20x odds. This is populism at its best. For better…