Crypto Market Updates – Key Highlights
🔹 $2 Billion Investment in Binance
Abu Dhabi's MGX fund invested $2B in Binance using stablecoins, marking Binance’s first big institutional investment.
🔹 Trump Says Markets Will Boom
Donald Trump believes the markets will soar, but investors have mixed reactions as policy changes remain unclear.
🔹 Trump Wants No Taxes for Middle Class
A new proposal suggests removing taxes for people earning under $150K, with revenue coming from tariffs instead.
🔹 SEC vs. Ripple Case Almost Settled
Ripple and the SEC are close to settling their long legal battle over XRP, negotiating fines and restrictions.
🔹 Coinbase Removes Meme Coins in NY
FLOKI, TURBO, and GIGA will be delisted from Coinbase in New York on April 14. Some think it's bad news for meme coins, others say it could reduce selling pressure.
🔹 Rumble Buys More Bitcoin
Video platform Rumble has bought 188 BTC for $17.1M to protect against inflation and support digital finance.
🔹 SEC Delays Crypto ETFs Again
The SEC postponed decisions on many crypto ETFs but is reviewing Ethereum staking proposals from big firms like Fidelity.
🔹 U.S. Wants to Buy 1M BTC
A new bill suggests the U.S. should buy 1 million Bitcoins over 5 years as part of its financial strategy.
🔹 $4M Lost in ETH Liquidation
A big trader’s Ethereum position was liquidated, causing Hyperliquid to lose $4M. The platform will now adjust leverage limits.
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