Why is Trump betting on lesser-known cryptocurrencies in his strategic reserve plan?
The "crypto" market experienced strong support after U.S. President Donald Trump announced the move towards creating a strategic reserve of digital assets, causing Bitcoin to jump by as much as 10%, reversing a month-long decline, following the president's announcement via his platform "Truth Social" on Sunday (although it fell the next day after the announcement of Trump's tariff plan on Canada and Mexico).
US President Donald Trump stated that as of today, the United States will not sell any of its Bitcoin, confirming that the federal government holds 200,000 Bitcoin.
Trump at the Coinbase Summit: 'I Am the First President of Digital Currencies'
On Thursday, U.S. President Donald Trump delivered a speech at the Coinbase Summit on the state of digital currencies, showcasing his comprehensive federal initiatives to support digital assets and solidify the United States' position as a global leader in digital currencies. Trump promises clear frameworks for U.S. leadership in digital currencies.
Urgent: Bitcoin rises towards $110,000 after positive inflation data
Investing.com - U.S. inflation data showed positive movement in May, with both the core and headline consumer price indices rising less than expected. The core and headline consumer price indices increased by 0.1% month-on-month in May, while economists had forecasted growth of 0.2% and 0.3%, with April's rate at 0.2%.
#MarketRebound $BTC $ETH $XRP #MarketSentimentToday #Market_Update #BinanceAlphaAlert #SouthKoreaCryptoPolicy Recent news indicates a rise in the markets after a period of volatility, with investor confidence returning. There are positive signs indicating a recovery in stocks, especially in the technology sector. There is also optimism regarding the performance of markets in general, with some other sectors regaining positive performance.
Additional details:
Rise in Technology Stocks:
Stocks like Nvidia and Microsoft have seen an increase following the recovery of the technology sector.
Rise in Energy Stocks:
The energy sector experienced a rise due to increasing oil prices, driven by wildfires, which boosted the stocks of companies like Exxon and BP.
Uncertainty Regarding Tariffs:
There is a state of uncertainty regarding tariffs due to the court's review of Trump's tariff policies.
Monitoring Indicators:
Investors are closely monitoring indicators such as the American Producer Price Index and the University of Michigan Consumer Sentiment Reports.
The latest news in trading tools includes developments in platforms like MetaTrader 4 and MetaTrader 5, offering market data analysis tools, as well as tools like TradingView and NinjaTrader that provide extensive charting. There are also developments in dedicated trading applications, such as the award-winning XM app, the MT5 Trading App from Exness, and the MetaTrader App from AvaTrade.
#TradingMistakes101$BTC $ETH $BNB #StrategyBTCPurchase #USChinaTradeTalks #TradingMistake #TradingCommunity The "Trading Mistakes" news focuses on common mistakes traders make that can lead to losses or reduced profits. These mistakes include insufficient research on markets, trading without a plan, over-relying on software, failure to cut losses, overexposing profits, not understanding leverage, not understanding the risk-reward ratio, becoming overconfident after making a profit, and letting emotions affect decision-making.
Both the Nasdaq 100 and the S&P 500 have delivered excellent investments over the past twenty years. In the long term, the former has outperformed. However, due to its heavy focus on technology, the Nasdaq 100 is more volatile.
#NasdaqETFUpdate $BNB $ETH $XRP #USChinaTradeTalks #BinanceAlphaAlert #SouthKoreaCryptoPolicy #MarketRebound The Invesco NASDAQ 100 ETF (the fund) is based on the NASDAQ-100 Index. The fund will invest at least 90% of its total assets in the securities that make up the index. The index includes securities of 100 of the largest domestic and international non-financial companies listed on NASDAQ.
Ethereum Surges Above $2700 Supported by Institutional Acquisitions and Looming Technical Challenges
The price of the digital Ethereum (ETH) coin saw a notable rise on Tuesday, June 10, 2025, surpassing the $2700 level for the third time this year, the highest level since May 29. This rise came with a daily increase of 9%, achieving nearly 14% weekly gains after trading near $2399.
Is Circle's Listing a Harbinger of a New Decline for Bitcoin?
Despite the warm welcome for the listing of 'Circle' – the issuer of the USDC stablecoin – recent analyses suggest that this event may not necessarily signal a new rise in the cryptocurrency market. On the contrary, it may be an indicator of a potential decline, especially for Bitcoin.
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For each withdrawal, users pay a fixed fee to cover the transaction costs of transferring the cryptocurrency from their Binance account.
Withdrawal rates are determined by the blockchain network and may change without notice due to factors such as network congestion. Please check the latest data listed on each withdrawal page.
Cryptocurrencies are viewed positively after Trump's victory
Last Friday, U.S. President Donald Trump surprised the cryptocurrency sector when he announced the launch of his own cryptocurrency called Trump Coin $ ($TRUMP).
This launch has become one of the most successful launches in history, as the value of Trump Coin $ rose from just a few cents to $33.87 in less than 24 hours, representing an astonishing jump of over 18,000%, according to the 'Fox Business' platform.
The coin then rose again to reach a value of $72.51 shortly after its launch before dropping to $37.75, recording a market value of $7.53 billion at the time of writing, after reaching $14.74 billion, according to 'CoinMarketCap' for real-time cryptocurrency prices.
HYPE has recorded rapid and tangible gains in a short period, positioning it among the top candidates for reaching a new record level. The currency is currently trading at $34.90, which is about 20.86% lower than its all-time high of $42.25. If the market continues its positive performance, HYPE may be on track to break its previous peak.
To achieve this goal, HYPE will need strong support from investors. If it can break through the resistance level at $36.47 and turn it into support, it may continue its rise towards $42.25 and pave the way for further new highs.