Trader and investor Michaël van de Poppe says many in the crypto community underappreciate the impact of America’s ballooning debt.
Donald Trump news
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.
The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24% of the total $31.3 billion inflows year-to-date.
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ election sweep.
Bitcoin rallied 6.15% on Nov. 10 to reach another new all-time high of $81,358.
Bitcoin is on the road to deliver its best weekly performance since February following Trump’s reelection.
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction.
ADA looks poised to rise by over 100% in early 2025 after breaking above a three-year-old resistance trendline.
Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.