This also happens... 🤦🏻‍♂️ #Write2Earn | Syed Adeel Abbas Naqvi on Binance Square

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Syed Adeel Abbas Naqvi

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This also happens... 🤦🏻‍♂️#Write2Earn  

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Syed Adeel Abbas Naqvi

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Tere chehre se nazar nahi hat’ti trading hum kia dekhain.

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"Crypto Market on Fire: Bitcoin, Ethereum, and Beyond"

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Nahi abhi nahi…

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⚠️ Massive Drop in OM Coin Price Recently, the price of $OM (MANTRA) coin dropped by almost 90%, resulting in a market cap loss of around $5.4 billion. This crash began when Mantra DAO transferred approximately $227 million worth of OM tokens to various exchanges, triggering panic among investors. ⸻ 🧩 Possible Reasons Behind the Crash • Insider Selling Concerns: The transfer of $26.96 million worth of tokens to Binance sparked fears of insider selling. • Massive Liquidations: Binance reported that the price crash was mainly due to automatic liquidations across exchanges. • Changes in Tokenomics: An increase in $OM token supply and changes in token economics also negatively impacted the price. ⸻ 🧑‍💼 Mantra Leadership’s Response CEO John Mullin denied the insider selling allegations and stated that the price drop was caused by automated market liquidations. To regain investor trust, he announced a $109 million recovery fund and a buyback-and-burn plan for OM tokens. ⸻ 📈 Current Market Status As of now, the $OM is trading around $0.76, showing some recovery from the recent low. However, uncertainty in the market still remains. If bulls hold strong above $0.79, the next key targets are: $0.88 $0.95 $1.10

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Donald Trump’s Speech on April 14, 2025 – Key Highlights on Crypto Key Points from President Trump’s 8 PM Speech • Trump declared his vision to make the United States the “Crypto Capital of the World.” • He announced the creation of a “Strategic Bitcoin Reserve,” which will hold government-owned Bitcoin as a national asset. • A “Digital Asset Stockpile” will also be established, including other cryptocurrencies such as Solana (SOL), Cardano (ADA), Ripple (XRP), Ethereum (ETH), and Bitcoin (BTC). • Trump also announced a ban on the development of a Central Bank Digital Currency (CBDC). Changes in Crypto Policy • Trump signed “Executive Order 14178,” aimed at strengthening America’s leadership in digital financial technology. • He appointed David O. Sacks as the White House “AI and Crypto Czar,” responsible for developing a regulatory framework for the crypto industry. Crypto Market Developments • Kraken launched commission-free stock and ETF trading, signaling a move towards integration of traditional and digital financial services. Other Notable News • Anchorage Digital Bank, backed by Wall Street investors, is under investigation by U.S. Homeland Security for potential financial irregularities.

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