Musk made a shocking statement! The US government is preparing for a "huge shock" and Dogecoin surged by more than 15%
On Sunday (October 20), Dogecoin hit a high of $0.146 before falling back. When Tesla CEO Elon Musk was asked about the Department of Government Efficiency (D.O.G.E) promised by the former president and Republican presidential candidate, he responded with the English name Dogecoin (DOGE), which stimulated Dogecoin to surge by more than 15%, and also showed the market's high attention to Trump's election. According to Fortune magazine, Musk held a town hall meeting in Folsom, Pennsylvania on Thursday to vigorously promote Dogecoin, which stimulated the price of Dogecoin to surge by more than 15%.
The first step of the American financial revolution! Trump family WLFI tokens are publicly sold and more than 665 million have been sold within a day
The decentralized finance (DeFi) project World Liberty Financial token WLFI, owned by the family of former US President and Republican presidential candidate Donald Trump, was officially launched on Tuesday (October 15). More than 665 million tokens have been sold within the day, and the final sales target is 20 billion tokens. As a platform governance token, WLFI enables users to participate in financial activities such as lending and creating liquidity pools.
Trump took the first step in the financial revolution of the United States. The WLFI token sale website suffered multiple interruptions shortly after it went online, but after recovery, it had more than 3,000 independent wallets. Although more than 665 million WLFI tokens have been sold, it is still far from the final goal of 20 billion, and sales fell far short of the fundraising goal of $300 million in the first few hours.
Tether appoints Simon McWilliams as the new Chief Financial Officer, responsible for leading comprehensive financial audits, enhancing transparency and regulatory readiness
Bitcoin fell back after a significant rebound on Sunday, which was triggered by comments from U.S. President Donald Trump regarding strategic cryptocurrency reserves.
After Trump announced on social media that he expects to include five digital assets, including Bitcoin, Ethereum, Ripple, Solana, and Cardano, in the new reserves, Bitcoin stole the spotlight on Monday, rising 20% from last week's low of below $80,000. Trump did not provide details on how the fund would operate, but it was enough to revitalize cryptocurrency bulls who were battered last week.
Matt Simpson, Senior Market Analyst at City Index, said: "Trump just gave cryptocurrency traders the momentum they have been waiting for." #CZ新代币模型设想 #加密市场反弹 #美国加征关税
The market suddenly soared! Trump announced a major news: negotiating to fully acquire the Bakkt crypto exchange
President-elect Donald Trump has pledged to support Bitcoin by putting his social media group Trump Media & Technology Group Corp. (TMTG) in talks to acquire cryptocurrency exchange Bakkt. U.S. retail investors are trying to profit from the often volatile trading trends, stimulating TMTG's stock price to soar more than 15% on Monday (November 19) and Bakkt's stock price to rise more than 160%. The Financial Times reported that Trump's TMTG is in advanced talks to acquire Intercontinental Exchange's cryptocurrency trading venue Bakkt in a push to expand its business beyond online conversations.
Break the Shackles of Ignorance and Lead the Cryptocurrency Trend
Have you ever felt trapped? The cryptocurrency in your hands continues to drop, while those you missed are constantly climbing? The contracts that were forcibly liquidated seem to be just a moment away from turning the situation around? In this unpredictable cryptocurrency market, each of us is both ignorant and seen as an 'ignorant' by others. But today, I want to reveal to you that it is not your fault! Because in this market, there are five laws of ignorance that act like invisible chains, limiting our thinking and actions. But don't worry, let's break these shackles together and welcome our spring!
Key macro market points to watch in the new week: Monday 22:30, US October Dallas Fed Business Activity Index; Tuesday 1:00, Bank of Canada Governor Macklem participates in a fireside chat at a conference; Tuesday 22:00, US September JOLTs Job Openings, US October Conference Board Consumer Confidence Index; Wednesday 18:00, Eurozone Q3 GDP year-on-year preliminary value, Eurozone October Industrial Sentiment Index, Eurozone October Consumer Confidence Index final value, Eurozone October Economic Sentiment Index; Wednesday 20:15, US October ADP Employment Change; Wednesday 20:30, US Q3 Real GDP annualized quarter-on-quarter preliminary value, US Q3 Real Personal Consumption Expenditures quarter-on-quarter preliminary value, US Q3 Core PCE Price Index annualized quarter-on-quarter preliminary value; Thursday 18:00, Eurozone October CPI year-on-year preliminary value, Eurozone October CPI month-on-month, Eurozone September Unemployment Rate; Friday 20:30, US October seasonally adjusted Nonfarm Payrolls, US October Unemployment Rate, US October Average Hourly Earnings month-on-month; Friday 21:45, US October S&P Global Manufacturing PMI final value. As the Federal Reserve is now more concerned about the labor market rather than inflation, weak employment data could shift the market back to a more dovish tone. Additionally, any signs indicating a cooling US economy could boost market bets on consecutive rate cuts by the Fed in the upcoming meetings. However, if growth remains strong and PCE data indicates some stickiness in inflation, rate cut bets might face further pressure. Currently, the Fed has only fully priced in one additional 25 basis point cut this year. If expectations for a rate cut in November begin to be questioned, the dollar could rise to new highs, and the stock market may face selling pressure.
Trump's chances of winning the November election rise! Standard Chartered: Winning will stimulate Bitcoin to soar to $125,000
According to the large cryptocurrency betting platform Polymarket, data released on Friday (October 25) shows that former U.S. President Donald Trump's chance of winning the presidential election in November has risen again to 64.1%, significantly surpassing Vice President Kamala Harris. Standard Chartered Bank predicts that if Trump wins, Bitcoin will soar to $125,000. When U.S. President Biden previously announced his withdrawal from the race, Trump's winning probability reached 57%, but now his chances have surged again.
Polymarket data indicates that overseas markets are very optimistic about Trump's chances of winning this election. He previously promised that if he wins smoothly, he will establish a Bitcoin national reserve.
The market suddenly experiences violent fluctuations! Ethereum's price rebounds unexpectedly after dropping below $2,500, and doubts about its fundamentals are growing...
On Thursday (October 24), after Ethereum unexpectedly dropped below $2,500, the price rebounded, having slid strongly from $2,700. Doubts about Ethereum's fundamentals are growing, and although it has followed the broader cryptocurrency market's decline in the short term, the market perceives its long-term price weakness as driven by specific factors related to its blockchain network. CoinTelegraph notes that the chances of Ethereum reclaiming the $2,800 support level are diminishing, with on-chain data indicating that high transaction fees are driving activity away from the Ethereum network, ultimately reducing demand for native staking.
Part of the recent decline in Ethereum can be attributed to a 5% drop in the total cryptocurrency market cap over the two days ending October 23. However, the overall index has still risen by 1.9% over the past 30 days, indicating that Ethereum's performance lagged behind the market by 8% during this period. This poor performance helps explain the lack of optimism among Ethereum investors.
Bonk Coin Listed on Upbit with Promising Potential for Price Doubling: Is it Spring or Winter?
Recently, South Korea's largest cryptocurrency exchange Upbit announced the listing of the Solana network meme coin Bonk (BONK), which has attracted widespread attention in the market. Following the announcement, the price of BONK immediately rose by 7%, providing investors with an important signal that future prices could potentially double. Within this month, BONK's overall increase has already exceeded 35%, and traders are full of expectations for its future trend. On October 22, Upbit officially announced the inclusion of Bonk in its spot trading platform. This decision marks Bonk as one of the notable digital assets in the cryptocurrency market. According to Upbit's announcement, users can start trading the Bonk and USDT (Tether) trading pair at 6 PM KST on October 22. However, Upbit has set restrictions on deposits and withdrawals for Bonk, not supporting deposit and withdrawal operations through the Solana network. Additionally, Upbit announced a 24-hour policy for free withdrawals, after which normal withdrawal fees will resume.
After the Surge of SHIB and DOGE, MEW Prices Increased by 14% Following Listing on Major Exchanges
The cryptocurrency market is rapidly evolving, with the hype around meme coins on the rise—from Dogecoin (DOGE) and Shiba Inu (SHIB) to the recently listed MEW (Cat in a Dogs World) on the Korean crypto exchange Upbit. Meme coins are changing the market in unexpected ways. Meanwhile, decentralized governance and 'Vote-To-Earn' models are gradually emerging, with meme coin projects represented by Flockerz not only enhancing community participation but also providing stable return opportunities for investors. Following DOGE and SHIB, the meme coin MEW on Solana has also successfully listed on Upbit, Korea's leading cryptocurrency exchange, and is pegged to the Korean won. This listing has sparked great interest in the market. According to the latest data, MEW's price surged 14% shortly after listing, climbing from $0.008382 to $0.01043, along with a trading volume increase of 370%, reaching $358.26 million. MEW's rapid growth reflects strong market demand for meme coins based on Solana.
US SEC Approves Some Exchanges to List Bitcoin Spot ETF Options According to reports, the US SEC has approved the applications for listing Bitcoin spot ETF options on the New York Stock Exchange and the Chicago Board Options Exchange. This decision combines Bitcoin ETF options with other commodity ETFs, marking an important step in cryptocurrency investment.
Glassnode analyst Checkmatey reports that Bitcoin's current market capitalization is now $1 trillion higher than Ethereum's market capitalization, setting a new record in the history of cryptocurrencies.
The market suddenly fluctuated violently! Bored Ape NFT rose across the board. APE soared by more than 60%. What happened?
On Monday (October 21), the Bored Ape (BAYC) non-fungible token (NFT) series rose across the board, with the BAYC floor price currently reported at 13.2 ETH, a single-day increase of 21%. Its Web3 parent company Yuga Labs announced the official launch of the Ape Chain public chain, stimulating a nearly 60% surge in the APE token. #NFT和加密# Yuga Labs has officially launched a Layer2 blockchain based on Ethereum, called ApeChain. In order to directly and comprehensively improve the user experience, the company also launched ApeChain's cross-chain bridge Ape Portal, allowing users to easily realize cross-chain transactions.
The launch is not limited to the launch of ApeChain, but also includes a strategic partnership with Wire Network, a general infrastructure designed for the artificial intelligence (AI) agent economy. This collaboration aims to open up new areas in the future where AI agents can perform complex tasks on behalf of humans. This will provide creators with more tools to help them interact with fans more efficiently and commercially.
Trump's chances of winning the November election are soaring! Musk made a shocking statement: $1 million will be distributed to random American voters every day
Billionaire and Tesla CEO Elon Musk announced at an event in Pennsylvania over the weekend that he will randomly give out $1 million every day to a registered Pennsylvania voter who signs a petition from the America PAC from Sunday (October 20) to the U.S. election day on November 5. According to Polymarket data, Trump's chances of winning the November election have soared to over 60%. Musk wrote on Twitter: "From now (October 20) until November 5, the American Political Action Committee will provide $1 million per day to people who sign petitions in swing states supporting free speech and gun rights. We want to make sure everyone in the swing states knows about this, and I think this will ensure they know." #USElection#
Hippo Coin brings wealth miracle - How Moo Deng meme coin creates millionaires
Memecoins are a unique phenomenon in the cryptocurrency field. With their humor and virality, they have attracted the attention of countless investors in recent years. Whether it is the pygmy hippopotamus Moo Deng coin or the frog-based Pepe Unchained ($PEPU), these memecoins have quickly become popular and achieved amazing price increases through specific hot spots or cultural symbols. This article will explore the rise of these two memecoins and analyze how they affect the cryptocurrency market.
In September 2024, a pygmy hippopotamus cub at the Khao Kho Open Zoo in Chonburi Province, Thailand, quickly became an Internet celebrity due to its cute videos. The two-month-old hippopotamus named Moo Deng not only became a global Internet celebrity, but also indirectly triggered a cryptocurrency investment craze. The price of Mooden, a meme coin created based on Moo Deng, rose rapidly, allowing an early investor to convert an investment of $800 into a huge return of $7.5 million.
TikTok operates a "cryptocurrency exchange" business? British regulators received charges...
News Agency (Asia Pacific) News: TikTok, a globally renowned short video app, is under scrutiny for allegedly operating in a similar manner to a cryptocurrency exchange in the UK. A compliance expert has issued a warning to the UK Financial Conduct Authority (FCA), recommending that TikTok be checked for money laundering and terrorist financing. The expert stressed that the virtual tokens on TikTok could be indirectly exchanged for real money through its creator program, which is worrying. According to Cryptonews, the scrutiny stems from TikTok’s virtual currency system, TikTok Coins. Users can buy tokens with real money and give them away on the platform or in live broadcasts, and they can also redeem the tokens back to cash.
The market suddenly ushered in a wave of rising prices! US election heavyweight: Musk donated $75 million to support Trump
Tesla's billionaire CEO Elon Musk donated $75 million to the America PAC, a political action committee that supports former President Donald Trump, stimulating the MAGA political meme coin to surge in the Asian market on Wednesday (October 16), reversing the previous short-term trend. The Hill reported that according to the latest campaign finance records filed on Tuesday, Musk has personally donated at least $75 million to pro-Trump political action committees since July to push the former president back to the White House. Musk has publicly supported former President Trump for months, and his enthusiasm was reflected in his jump on the stage at a recent Pennsylvania rally, which sparked countless netizens' discussions.
The market suddenly heard that insiders "dumped at high prices"! SUI tokens fell against the trend. The Foundation said that it did not violate any sales ban regulations.
On Tuesday (October 15), the SUI token, a potential public chain that has performed well recently, fell against the trend, and once fell to $2.1848 in the early Asian market. The cryptocurrency market reported that insiders sold the public chain at high prices. However, the foundation's statement emphasized that it did not violate any sales ban regulations. After hitting a new high of $2.3500 on Monday, the SUI token began to pull back and fluctuated around $2.2500. However, at about 7 a.m. on Tuesday, SUI fell rapidly from $2.2800 to a low of $2.1848, a drop of 4.38% in two hours.
The reason investors are panicking is that the SUI token’s decline comes just as Bitcoin is heading for a critical breakout above $66,500.
The whale miners of 2009 suddenly woke up! A large number of "dumping" have transferred $5.47 million worth of Bitcoin
According to data from chain tracking agency Arkham Intelligence on Tuesday (October 15), the ancient whale wallet that began mining Bitcoin five days after its birth on January 13, 2009, has recently seen a large number of dumping operations, transferring a total of US$5.47 million to the Kraken cryptocurrency exchange in the past two months. Arkham said that although the whale had moved a large amount of Bitcoin in early 2009, the address still holds $75.23 million worth of Bitcoin.
The whale's last transfer occurred on October 7. When Bitcoin's early whales made unusual moves, the market was engaged in intense speculation about the true identity of Satoshi Nakamoto, the "Father of Bitcoin."
The ranking of the best countries for cryptocurrency business in 2024 has been released: Dubai, Switzerland, and South Korea are in the top three According to reports, the ranking of the best countries for cryptocurrency business in 2024 has been released, with Dubai, Switzerland, and South Korea in the top three. Dubai is in the lead due to its clear regulation, no capital gains tax, 9% preferential corporate tax, and affordable licensing fees. Other top-ranked countries include Singapore, the United States, Estonia, Italy, Russia, Germany, and Brazil.