U.S. President Donald Trump proposed a $5,000 dividend for every adult American if Republicans control both the House and Senate after the midterm elections. This plan, aimed at rewarding Americans for economic performance, could inject about $1.2 trillion into the economy, potentially increasing liquidity and demand for cryptocurrencies like Bitcoin, Ethereum, and XRP. The proposal requires congressional approval and a detailed funding plan, which have not yet been provided. Crypto investors are optimistic due to past positive market reactions to stimulus payments and expect renewed interest in digital assets if the dividend passes.
Bitcoin rose slightly by 0.44% to $77,906 despite the total cryptocurrency market capitalization dropping 3.35% to $2.60 trillion. Major tokens showed mixed performance: Ether and BNB gained modestly, while XRP, Solana, and Dogecoin declined. TRON le...
From August 1 to October 31, Shiba Inu (SHIB) declined slightly, ending at a relative performance score of 97 compared to its starting point of 100. In contrast, Bitcoin rose to 123, Dogecoin to 109, and Pepe surged to 180 over the same period. SHIB ...
The Binance hacker transferred about 486,970 SOL worth $46.4 million on November 1, sparking speculation of swaps into Bitcoin that might have pressured Solana's price. However, public transaction data does not confirm any Bitcoin purchases, and Sola...
Lighter (LIT) topped the 90 largest cryptocurrencies excluding stablecoins with a 10.83% gain to $3.23 in a 24-hour period ending at 11 a.m. ET on Nov. 1. Despite an earlier stronger rally, more cryptocurrencies declined than advanced by the snapshot...
In a three-hour period ending at 10 a.m. ET Sunday, ten large cryptocurrency transfers totaling $1.94 billion were recorded, with the largest being a $348.4 million Tether (USDT) transfer to Binance. Exchange outflows exceeded inflows, signaling sign...
