#10DaysToTrump š„ Is the Crypto World Ready for Whatās Next? š„
In just a week, Donald Trump steps into office as President, and the crypto industry is holding its breath. Heās promised big changes, starting with assembling a 24-member cryptocurrency advisory council. The question is: will this move help or hurt the industry? š¤ Some experts, like NYDIG, are cautioning patience: āReal change is still far off.ā Building teams, securing approvals, and making impactful decisions take time. For now, the market waits. ā³ But hereās the thingāwhat if this delay
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Resistance Levels: $1.3500, $1.4000 Support Levels: $1.2900, $1.2500 Market Overview: SAGA has dropped significantly by 17.55% in the past 24 hours, now trading around $1.3085. The token recently hit a low of $1.2905, which means itās testing a key support level right now. Despite the drop, trading volume remains solid at 98.6K, indicating ongoing market interest.
What Could Happen Next?
Bullish Scenario: If $SAGA manages to bounce back above $1.3500, we could see a recovery toward $1.4000, signaling a potential trend reversal. Bearish Scenario: If it fails to hold above $1.2900 and drops further, we might see it head toward $1.2500 as the next support zone. Key Focus: Keep an eye on price action around $1.2900āthis could give us an early signal of whether the price will break higher or continue its downward slide.
Will crypto continue to rally? Trump's first 100 days will be the key.
The cryptocurrency market is rallying, with Bitcoin surpassing $100,000, driven by President-elect Donald Trump's pro-crypto stance. His campaign promises to deregulate the sector and his selection of crypto advocate Paul Atkins for the SEC signal a favorable environment for digital assets. Analysts predict further growth, with Bitcoin possibly hitting $200,000 by year-end.
However, experts warn that deregulation could heighten market volatility and risks of financial instability. The first 100 days of Trump's administration will be pivotal in shaping the future of crypto markets. Investors are optimistic but cautious about potential regulatory challenges.
šŗšø The U.S. Government just got the green light to sell 69,370 Bitcoin (worth about $6.5 billion) that it seized from the infamous Silk Road. Now, before you panic, here's a fun fact: in the past, these sales didnāt directly tank the price because they were handled off the market (OTC). But hey, we all know how the crypto crowd loves a good freakoutāso temporary price drops could happen. For context, Uncle Sam is sitting on a whopping 197,000 BTC right now, worth around $18.6 billion. Letās ju
That 'amazing' crypto deal could leave your bank account frozenādonāt fall for the trap!
The recent surge in bank account freezes in Pakistan has left many people confused and struggling to find solutions. Most of these cases are tied to cryptocurrency transactions, where scammers take advantage of unsuspecting individuals through sophisticated fraud schemes. How the Scam Works Hereās how the typical crypto scam unfolds: Too Good to Be True Offers: Scammers approach people with offers to buy cryptocurrency at unrealistically high rates. Victim Participation: Believing itās a great d