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#Solana A DEAL OF A LIFETIME - Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week Blockchain tracking platform Lookonchain says a crypto trader has turned less than ten thousand dollars into millions in just one month by betting on a crypto project built in the Solana (SOL) ecosystem. According to Lookonchain, the unidentified trader purchased the native token of the social finance (SocialFi) crypto project Launch Coin on Believe (LAUNCHCOIN) worth approximately $9,075 and turned it into $4.7 million, a 517x return.
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#bitcoin President Trump Will Print Enough Money To Pump Bitcoin to $1,000,000 by 2028 BitMEX founder Arthur Hayes is predicting Bitcoin (BTC) will hit seven figures in about three years for one main reason. In a speech at the TOKEN2049 crypto conference in Dubai, Hayes says that the potential easing of US monetary policy will positively impact Bitcoin’s price. “We’re going to around a $1 million [BTC] by 2028, because we’re going to print more money in Trump’s 2.0 than Biden did in his term.” Hayes predicts that Trump and his administration will inject liquidity into the markets to prop up the economy, especially around the mid-term elections in 2026, to help Republicans win their seats. Historically, easing monetary policy has sent Bitcoin to new all-time highs. He also says one possible catalyst that would spark Fed money printing is if the US and China trade talks fall apart. “What happens if this China-US sort of divorce goes badly, and both sides stick to their own guns and don’t want to compromise? Well, are Trump and the Republicans going to not try to win a 2026 midterm election? Of course not. They’re going to do what they need to do to stimulate the economy, to create the impression of growth and strength, so that they get re-elected, just like any other politician. And so because of this secular change in the relationship between the two largest economic and military powers is going to be funded with printed money Bitcoin is going to go much higher than it did from 2022 to 2025 and that, ladies and gentlemen, is a road to $1 million Bitcoin.” More interesting news — subscribe
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The volume of "illiquid" BTC — those that are rarely sold or moved — has reached a record high, exceeding 14 million coins. Historically, this is considered a positive signal for long-term price growth. #BTC $BTC
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#TradingTopics US Dollar To Fall Significantly Against Chinese Yuan Amid Trade Negotiations, According to Goldman Sachs: Report Analysts at the financial giant Goldman Sachs reportedly think the onshore Chinese yuan (CNY) will rise against the dollar over the next 12 months. One US dollar is currently worth 7.2 CNY (USD/CNY), but Goldman forecasts that number will fall to 7.0 yuan per dollar over the next year, Bloomberg reports. A falling USD/CNY chart indicates that the yuan is appreciating against the dollar. Explain the investment bank’s analysts, “The undervalued levels of the currency, both on a real trade-weighted basis but especially versus the dollar, all point to the possibility for a stronger onshore yuan as a potential offset to tariff reductions.” The analysts had previously predicted the yuan would be at the 7.35 level over 12 months. The CNY is up 1.24% against the USD in the past month and 0.31% in the past five days. Analysts at BNP Paribas Asset Management echo Goldman and also predict the CNY will surge in value against the USD, according to Bloomberg. Rick Cheung, a fixed income portfolio manager at BNP, tells the news outlet that the yuan will have additional upside if the dollar continues to depreciate. “If China’s growth in the end surprises the market to reach let’s say more than 5% and even 5.5%, it’ll also provide a very good uptake potential.” China utilizes an onshore yuan (CNY) for domestic commerce and an offshore yuan (CNH) outside the mainland. More interesting news — subscribe $USDC
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#CryptoNews CryptoQuant CEO Predicts Rise of "Dark Stablecoins" Ki Young Ju, CEO of CryptoQuant, claims that due to upcoming regulations, dark stablecoins — alternatives not under government control — will gain popularity, as people will use them for large international transfers and other use cases that may attract scrutiny. The growing importance of stablecoins and the current race to establish rules for their usage may contribute to the emergence of a new market. CryptoQuant CEO Ki Young Ju has predicted the rise of what he calls “dark stablecoins,” a new form of dollar-pegged money perceived as resistant to censorship. Young Ju stated that as current stablecoins become more regulated, they will lose the appeal that made many people use them as a substitute for the U.S. dollar. He explained that companies like Circle and Tether have been able to store their assets in banks and with institutions, with the government not intervening unless it involved criminal activity. However, with the possible implementation of direct blockchain verification methods — including tax collection through smart contracts and freezing of funds based on government regulations — this is expected to change, prompting the emergence of dark stablecoins that can meet various use cases. Young Ju explains that dark stablecoins can be programmed in two different ways: by using algorithms to maintain the peg to the U.S. dollar — although most of these stablecoins (including TerraUSD) have failed in the past — and by using stablecoins issued by countries that do not censor financial transactions. Tether could also play a role in this new chapter of stablecoin evolution if it chooses not to cooperate with the U.S. government. “If Tether decides not to comply with U.S. government policies under a future Trump administration, it could become a dark stablecoin in an era of increasing internet censorship,” Young Ju emphasized. More interesting news — subscribe $USDC
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