Donald Trump's promise to send $5,000 stimulus checks to Americans if Republicans retain Congress has sparked predictions of rising prices for bitcoin, gold, and land. Bitcoin investor Anthony Pompliano sees larger government handouts driving demand for these assets, though bitcoin's initial price reaction was muted, trading near $78,000. The plan, called the Trump Dividend, awaits congressional approval and aims to share economic gains, with funding possibly from tariff revenue. The impact on bitcoin depends on recipients choosing to invest, amid broader economic conditions and inflation concerns.
After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ET...
Bitway (BTW) surged 10.15% to $0.5527, driven by recent network infrastructure upgrades, making it the top gainer in the cryptocurrency market. Other notable gainers include Pump.fun, Uniswap, Cronos, and World Liberty Financial, while Mantle and sev...
Binance Coin (BNB) recently surged past the key $745 resistance level, marking a significant shift to a bullish long-term trend. Technical indicators like CMF, OBV, and RSI support this positive outlook, with the $700 zone now acting as support. The ...
Shiba Inu saw a significant net inflow of 241.9 billion tokens to exchanges within 24 hours, indicating increased selling activity despite an earlier 4% price rise. This large token movement suggests traders are offloading SHIB, which has led to a sh...
Grayscale Investments has filed with the SEC to rename its Grayscale Litecoin Trust as the Grayscale Litecoin Trust ETF, aiming to list it on NYSE Arca. This move would allow the trust to operate as a proper ETF with creation and redemption mechanism...
