Donations are also pouring in for the presidential ceremonies of #DonaldTrump , who is preparing to enter the White House on January 20 in the United States. Decapitated crypto companies led by Coinbase and Ripple are also among the companies that have donated.
As it is known, various ceremonies are held in the United States in the days before and after the new president takes the chair. These ceremonial processes include walks, invitations, dinners and galas. These donations also cover the costs here.
The most important goal of the donations is to be able to communicate with groups and lobbies that are close to the new presidents and to be able to show themselves in public…
$5 million #XRP from Ripple
According to Fox Business, Coinbase and Kraken donated $1 million each to these ceremonies. Ripple has donated $5 million in $XRP . Donations to the special fund created were also officially confirmed by the companies to Fox Business.
Crypto payment provider MoonPay also stated that it would pay a donation to the fund, but did not disclose the figure.
A total of $ 200 million!
It was also stated in the news that the total donation made to the presidential ceremony was $ 200 million. The donation to Trump's presidential ceremony in 2017 was $ 107 million. in 2021, 62 million dollars were raised for Biden's ceremonies.
Individual donations, like companies, also attract attention. Amazon founder Jeff Bezos, Meta founder Mark Zuckerberg, Uber CEO Dara Khosrowshahi and OpenAI founder Sam Altman also made personal donations of $1 million each.
#MarketRebound #BTCNextMove #US

The US Federal Reserve (#FED ) acted in line with the market expectations and reduced interest rates by 25 basis points. Thus, the institution completed 2024 with a 100 basis point reduction.
The #US Federal Reserve (Fed) did not surprise the markets and continued to reduce interest rates by 25 basis points. Inflation that remained above expectations, the US growth rate being around 3% and the strong labor market could not prevent the institution from reducing interest rates.
As is known, headline inflation in the US has also increased again in the last 3 months and increased from 2.4% to 2.7%. Core inflation has also been above 3% for 43 months.
Due to these situations, many analysts and even some former and current branch presidents of the Fed stated that it would be more appropriate to increase interest rates or at least not to reduce them. Finally, Esther George, former head of the Fed Kansas branch, said, “At least there should be no interest rate reduction.”
However, all these comments did not slow down the institution. The Fed has completed the year with a 100 basis point reduction following its 50 basis point reductions in September and 25 basis point reductions in November.
The probability of “fixed” in January was 90 percent
On the other hand, the Fed dot graph was interpreted as “hawkish”. Expectations for monetary expansion in 2025 in swap markets have decreased. The decision to cut interest rates was made by 11 votes to 1. Fed Cleveland President Dissented said, “Let interest rates be kept fixed.” Fed interest rate futures are pricing the probability of keeping interest rates fixed in January as 90 percent.
#BTCNewATH #Bitcoin110KNext? #FullMarketBullRun

The #US Federal Reserve (#FED ) was expected to cut interest rates by 25 basis points last night, and the Fed chairman was asked about $BTC at the press conference. It was noteworthy that the price fell by $100,000 after Powell's answer.
While Bitcoin fell below $100,000 overnight, one of the most talked about options was Jerome Powell's Bitcoin remarks. Donald Trump is offering Bitcoin reserves. Powell said, "The Fed does not have such a right or power. A law needs to be obtained from Congress, but we will not request a law."
Powell's words were perceived negatively by the markets. While Bitcoin fell sharply, it was seen at $98,000 overnight.
However, Powell's Bitcoin statement is not that negative. Because the Fed has no assets. In other words, the Fed does not hold gold and dollars. Therefore, it is not surprising that such a situation will occur for Bitcoin.
He spoke in the regions
As it will be remembered, Powell also made very important statements and Bitcoin rights in the past weeks. Responding to Bitcoin payments at an event he attended, the Fed chairman said, “Bitcoin is not a rival of the dollar, but of gold…”
#Bitcoin110KNext? #MarketPullback #FullMarketBullRun

In his tweet, Paolo Ardoino noted that the USDT stablecoin is an important financial instrument for residents of developing countries with unstable economies and limited access to banking services. USDT provides a stable alternative to the dollar, helping people and businesses maintain purchasing power in times of high inflation and devalued national currencies. Additionally, stablecoins can be used without involving traditional financial infrastructure, which often excludes people without bank accounts.

Al-Naji is accused of orchestrating a fraudulent scheme involving the unregistered offering and sale of crypto asset securities, amassing over $257 million from investors under false pretenses.

The US Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji, the founder of the BitClout blockchain protocol, currently known as Decentralized Social (DeSo).The US Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji, the founder of the BitClout blockchain protocol, currently known as Decentralized Social (DeSo).
In a parallel action, the US Attorney’s Office for the Southern District of New York has also announced similar charges against Al-Naji.

SEC complaint
The SEC’s complaint, filed in the US District Court for the Southern District of New York, charges Al-Naji with violating the registration and anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.

The complaint also names Al-Naji’s wife, mother, and wholly-owned entities as relief defendants for the investor funds transferred to them.

The regulator alleges that beginning in November 2020, Al-Naji raised substantial funds through the sale of BitClout’s native token, BTCLT. Investors were allegedly misled to believe that the proceeds would not be used for personal gain or to compensate BitClout employees.

Contrary to these assertions, the complaint states that Al-Naji diverted more than $7 million of investor funds for personal expenditures, including the rental of a Beverly Hills mansion and substantial cash gifts to his family.

Evading scrutiny
In an attempt to evade regulatory scrutiny, Al-Naji purportedly portrayed BitClout as a decentralized project with “no company behind it … just coins and code,” and launched the project under the pseudonym “Diamondhands.”

This strategy was intended to create the illusion of an autonomous project when in reality, Al-Naji had direct control of the network.

Furthermore, Al-Naji allegedly secured a misleading opinion letter from a prominent law firm, based on his misrepresentations about the project, asserting that BTCLT were unlikely to be classified as securities under federal law.

Despite this, he reportedly confided in select investors that his actions were aimed at avoiding legal compliance
#us #

Investors reacted enthusiastically to the election of Donald Trump as president. The US stock market attracted a massive influx of capital. US equity funds recorded record inflows. This trend drove various movements in the financial markets during the week.

Next, let’s examine the impact of Trump’s election on the global economy.

An unprecedented flow of capital

On Wednesday, Trump won the election hands down.

That day, U.S. stock funds received $20 billion, according to Bank of America Corp. That was the biggest daily inflow in five months.

The bank's analysts, led by Michael Hartnett, attribute this move to the new president's policies and economic expectations. EPFR Global reports that small-cap stocks received $3.8 billion, the largest inflow since March.

Small businesses tend to benefit from protectionist policies. Their market is more local and less dependent on international trade. Trump's stance has generated expectations of a boost for these companies, especially those less exposed to international risks.
#us