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Are Bitcoin whales back?
Are Bitcoin whales back?

Share link:In this post: Bitcoin whales are reactivating old wallets worth millions and strategically accumulating assets, hinting at a big return. They’re diversifying into altcoins like Dogecoin and Injective, and their moves are shaking up the market. Whales are influencing the crypto scene by participating in major conferences and engaging with political figures.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the informa

Cryptopolitan·2024/07/28 03:16
Bloomberg’s analyst ignites backlash after Ripple’s XRP joke
Bloomberg’s analyst ignites backlash after Ripple’s XRP joke

Share link:In this post: James Seyffart faced backlash from the ‘XRP Army’ on X after joking about XRP during an interview. The senior crypto analyst at Bloomberg acknowledged the backlash, apologized, and declared his support for Ripple. According to Coingecko’s data, the XRP token had gained 2.3% to $0.6037 in the last 24 hours.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong

Cryptopolitan·2024/07/28 00:52
Democrats want national committee to support pro-crypto policies
Democrats want national committee to support pro-crypto policies

Share link:In this post: A bunch of Democrats want the party to be more pro-crypto and asked the DNC to change its stance. They’re pushing for a vice-presidential candidate who likes crypto and want to replace SEC Chair Gary Gensler. Kamala Harris’s team is talking to big crypto companies like Coinbase and Ripple to build better relations.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page.

Cryptopolitan·2024/07/28 00:52
Grayscale Ethereum Trust ETF records net outflows of $1.5B
Grayscale Ethereum Trust ETF records net outflows of $1.5B

Share link:In this post: Grayscale Ethereum Trust experienced historic volatility as investors withdrew over $1.5 billion from the ETF. Data reveals that July 26 was particularly volatile for all ETFs, experiencing $356 million in outflows. Analysts speculate that a continued trend in the outflows could lead to Grayscale’s ETHE depletion of Ether in a few months.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information

Cryptopolitan·2024/07/27 22:34
Donald Trump vows to fire SEC Chair Gary Gensler if elected
Donald Trump vows to fire SEC Chair Gary Gensler if elected

Share link:In this post: Donald Trump promises to fire SEC Chair Gary Gensler if he wins the 2024 election, criticizing his tough stance on the crypto industry. Trump pledged to create a “Bitcoin and crypto presidential advisory council” to support industry growth. He believes Gensler’s enforcement actions against major crypto firms have made the U.S. less welcoming to crypto businesses.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made

Cryptopolitan·2024/07/27 22:34
Donald Trump Says Bitcoin Will Likely Overtake Gold (Live at Bitcoin 2024)
Donald Trump Says Bitcoin Will Likely Overtake Gold (Live at Bitcoin 2024)

Donald Trump shares his thoughts on the cryptocurrency industry at Bitcoin 2024 in Nashville.

Cryptopotato·2024/07/27 22:04
Flash
14:17
US Space Stocks Soar as Redwire Surges Over 15%
BlockBeats News, June 4th, according to Bitget data, the U.S. stock market saw a general rise in space-related stocks. The "SpaceX Concept Fund" DXYZ surged over 8%, Redwire surged over 15%, Virgin Galactic surged over 12%, and Planet Labs PBC surged over 4%.
13:52
US Stock Market Open: Fiber Optic Stocks Decline, Ciena Plunges Nearly 16%
BlockBeats News, June 4th, according to Bitget data, at the opening of the US stock market, optical communication stocks experienced a general decline. Following its earnings report, Ciena plummeted by nearly 16%, POET fell by nearly 7%, Lumentum dropped by almost 6%, while II-VI and Nokia fell by over 5%, and Corning dropped by over 4%.
13:52
Fitch: Oil Price Shock Weighs on Global Growth Outlook, AI Investment Momentum Exceeds Expectations
BlockBeats News, June 4th - Fitch Ratings stated in its latest "Global Economic Outlook" report that the oil crisis triggered by the US-Iran war has impacted the global growth prospects. This has led Fitch to downgrade its 2026 global growth forecast by 0.2 percentage points to 2.4%. Due to high inflation squeezing real wages, suppressing consumption, and raising corporate input costs, growth forecasts for multiple economies have been widely revised down. However, IT investments related to artificial intelligence have shown stronger momentum than expected, providing a cushion for global economic activity, supporting world trade, and Asian exports. The closure of the Strait of Hormuz has now lasted for 14 weeks, with Fitch assuming it will only begin to reopen in July. The institution has revised up its 2026 Brent crude oil average price forecast from $70 per barrel in March to $87. The oil shock is a strong headwind for global growth, but Fitch's baseline expectations are far from being as severe as during the 1970s oil crisis. Fitch currently expects the Fed and the Bank of England to keep rates unchanged this year, but to resume cuts in 2027. The ECB will raise rates by 25 basis points in June, but Fitch expects this trend to reverse next year. (FXStreet)
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