$BTC Bitcoin continues to hold key levels despite recent market fluctuations. Interest in BTC remains high due to increasing recognition from institutional investors and the limited supply of coins. Current movements may open opportunities for long-term investors.
#USConsumerConfidence The index has fallen, there is panic in the news. But for no reason. This is predictable and there's nothing terrible about it. First of all, this is only in the USA. Secondly, they have a new president. Trump defeated his opponent in the elections by a narrow margin. The results were 49.91% and 48.43%. Half of the voters did not want to see Trump as president - it's clear that now they are feeling pessimistic. It's no wonder that the consumer confidence index is also called the consumer optimism index. It measures how buyers feel about the present time being suitable for major purchases/investments. The news inflated the fact of the decline because they need something to write about 🙈. And so the index fell by 3% for the first time in 6 months. It is still very far from 50, 71 is actually very good. Most countries wouldn't even dream of such a thing 🤷🏻♀️ for sure.
#MarketPullback What are you doing to preserve your capital during these challenging days in the crypto market? Answer: The market is experiencing sharp and scary swings, so we advise everyone to be patient and not to make immediate trades during this period, as you will destroy your portfolio. It is necessary to act wisely during these days until new features of the market become clear. . This will happen next week.
Why next week is crucial: Wednesday: Fed meeting - Will interest rates rise?
Thursday: US GDP report: Is the economy growing or slowing down?
Friday: US inflation data is the main driver of sentiment.
Triple effect: These events rarely coincide in the same week, creating a perfect storm for huge liquidations and unexpected price movements. Follow us for more accurate and relevant news and technical analysis data
$SOL is taking risks throughout the cycle. Every time Solana starts to grow and blockchain generators start to invest heavily, the rest of the market soon follows. Solana is about to explode here... What do you think will happen next?
#SOLETFsOnTheHorizon Exciting times await us for Solana and Litecoin! CoinShares and Grayscale have filed applications for new ETF registrations, while the deadline for the initial review of Solana ETF applications by the SEC is set for January 25, 2025. With major players like VanEck and Bitwise, could this be the next big step for crypto ETFs? Will Solana ETFs receive approval and bring in new institutional investments? Share your thoughts below! #SOLETFsOnTheHorizon
The recent surge of $JUP is impressive, as it rises against the current market conditions. Moonshot must have acquired it long ago and is only now announcing it. The timing of this move is particularly well-controlled. For $SOL , it has become even more significant. The Solana chain ecosystem is becoming increasingly interesting, and the competition among new public chains is entering a heated phase. It is becoming clear who might emerge victorious in the end.
- Signing executive orders related to TikTok: On January 20, local time, Trump signed an executive order requiring the short video social media platform TikTok to be "banned if not sold"; the law will not be enforced for the next 75 days.
- Announcing the withdrawal of the United States from the World Health Organization and the Paris Agreement: On January 20, Trump signed an executive order announcing the United States' withdrawal from the World Health Organization and the Paris Agreement.
- Revoking multiple Biden administration policies: On January 20, local time, Trump revoked nearly 80 executive orders from the Biden administration, implemented a federal regulatory freeze to control the bureaucracy, fired some unqualified federal officials, suspended new employee hiring at the IRS, required full-time federal employees to return to in-office work, increased oil and gas production to lower energy costs, ended federal government censorship of citizens' speech, and canceled the decision to remove Cuba from the "State Sponsors of Terrorism" list during Biden's administration, among others.
- Pardoning Capitol riot perpetrators: Trump signed an executive order pardoning about 1,500 perpetrators of the Capitol riot and reducing the sentences of 14 individuals.
- Plans to impose tariffs: Trump announced that starting February 1, a 25% tariff will be imposed on goods imported from Canada and Mexico.
- Leading the Department of Government Efficiency to start operations: On January 21, local time, the Department of Government Efficiency (DOGE) led by Musk has officially started operations. The first task is to remove the website of the Chief Diversity Officers Executive Committee, which shows a 404 server error. Musk previously claimed that DOGE will work to cut $2 trillion in federal spending.
- DOGE official website launched: On January 21, the "Department of Government Efficiency" (DOGE) led by Musk officially launched the department's official website. The main logo of the website is Dogecoin, and multiple symbols of the department are composed of Shiba Inu patterns.
- Commenting on platform operation issues: Musk recently said that it is unfair to allow TikTok to operate in the United States while not allowing social media platform X to operate in China, and this needs to change. In response, China G said that as long as China G's laws and regulations are followed, there is no problem at all. - Expressing his position during Trump's inaugural speech: On January 21, Trump announced that he would send American astronauts to Mars. When Trump mentioned the issue of Mars, Musk next to him excitedly raised his thumb to show his approval.
Four potential factors may drive XRP prices up in the coming weeks
Trump's inauguration: Given the bullish momentum from recent macro signals, Trump's inauguration looks more like a buying event. This could bring more attention to XRP.
ETF application: XRP has not yet applied for an ETF. Considering the price surges when announcements for ETH, SOL, and BTC ETF applications were made, a similar effect could occur if XRP applies for an ETF.
Capital gains tax policy: Proposed cryptocurrency policies, such as the elimination of capital gains tax for U.S. companies, may drive demand for XRP due to tax incentives. As a U.S. project, XRP may attract capital reallocation due to potential tax advantages.
Coins like XRP, HBAR, XLM, and ADA saw significant price increases shortly after Trump's election. A similar trend may occur around the inauguration, as it could attract buyers with similar interests and preferences.
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#TRUMP市值突破 As the saying goes, when the machine starts, gold flows like water. Once Trump's printing press $Trump is activated, the cryptocurrency market is deserted, all capital is drained and falls in value, everyone rushes to support the president's wealth accumulation. $Trump's market value surged from 200 million U to 7 billion U in a short time. This method of pumping is unprecedented; previously, coins that skyrocketed dozens or hundreds of times in a day were all low market cap coins. To see such a large market cap MeMe coin rise like this is truly eye-opening, I admire it!
TRUMP is trending today! The entire square is buzzing. Today our VIP family has also made a big profit! Entered at $4.68 now the price is $17.21. Why such a crazy surge? Let's analyze it for everyone:
1️⃣ This token is issued on the Solana chain, with a total of 1 billion coins, but currently only 200 million are unlocked and circulating in the market, with the remaining 800 million to be released slowly over 3 years.
2️⃣ Trump's companies CIC Digital and Fight Fight Fight hold 80% of the coins, but they also have to comply with the 3-year unlocking plan.
3️⃣ The market reaction has been particularly crazy, within just a few hours TRUMP's market capitalization surged to $9.5 billion, with the price once reaching $17.21. This is also a significant boost for SOL, which has skyrocketed to $236 today!
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Xai This year is really eventful, it's so hard. I went to the hospital again early in the morning. Health is so important, the cryptocurrency world is so hard. I really want to take a break and eat grilled fish.
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