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Syed Adeel Abbas Naqvi
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Syed Adeel Abbas Naqvi
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"Crypto Market on Fire: Bitcoin, Ethereum, and Beyond"
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Nahi abhi nahiā¦
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ā ļø 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. āø» š§© Possible Reasons Behind the Crash ā¢ Insider Selling Concerns: The transfer of $26.96 million worth of tokens to Binance sparked fears of insider selling. ā¢ Massive Liquidations: Binance reported that the price crash was mainly due to automatic liquidations across exchanges. ā¢ Changes in Tokenomics: An increase in $OM token supply and changes in token economics also negatively impacted the price. āø» š§āš¼ Mantra Leadershipās 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. āø» š 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 Trumpās Speech on April 14, 2025 ā Key Highlights on Crypto Key Points from President Trumpās 8 PM Speech ā¢ Trump declared his vision to make the United States the āCrypto Capital of the World.ā ā¢ He announced the creation of a āStrategic Bitcoin Reserve,ā which will hold government-owned Bitcoin as a national asset. ā¢ A āDigital Asset Stockpileā will also be established, including other cryptocurrencies such as Solana (SOL), Cardano (ADA), Ripple (XRP), Ethereum (ETH), and Bitcoin (BTC). ā¢ Trump also announced a ban on the development of a Central Bank Digital Currency (CBDC). Changes in Crypto Policy ā¢ Trump signed āExecutive Order 14178,ā aimed at strengthening Americaās leadership in digital financial technology. ā¢ He appointed David O. Sacks as the White House āAI and Crypto Czar,ā responsible for developing a regulatory framework for the crypto industry. Crypto Market Developments ā¢ Kraken launched commission-free stock and ETF trading, signaling a move towards integration of traditional and digital financial services. Other Notable News ā¢ Anchorage Digital Bank, backed by Wall Street investors, is under investigation by U.S. Homeland Security for potential financial irregularities.
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Trump, Tweets & Trillions Yesterday, the biggest financial game in U.S. history played out ā right in front of the world. The market crashed. Fear spread. People sold. Then came Trumpās tweet: āThis is a good time to buy DJT.ā (Thatās his own company, by the way.) A few hours later ā tariffs were suspended, markets soared, and DJT shares shot up 22%. Trump made $415 million in ONE hour. But hereās the twist: Before his tweet, big trades were placed ā by people who already knew prices would rise. Guess who? Billionaire allies, top politicians ā all close to Trump. Common people lost. The rich got richer. They call it Pump & Dump in the market. We call it a political earthquake. Just one tweet ā and $4 trillion moved from the publicā¦ to the elite. Now ask yourself: Can a President really turn the market into his personal playground? #Trump #StockMarket #Crypto #DJT #Scandal #PumpAndDump #WallStreet #BreakingNews #Politics #MoneyGame
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