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KEN-FI
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Trump's inauguration speech did not mention cryptocurrency, which led to a negative reaction in the crypto market. Bitcoin has shed $8,188, approximately 6.8% down from its daily high. However, this decline should not be viewed too negatively; instead, it presents an opportunity to buy at a lower price. You can start buying as BTC nears $100K. Look for Alts (Top 20 by market cap excluding s**t coins)and add to your portfolio
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Nasty game turns on just as the inauguration ceremony count down begins! Stay away from the markets as high volatility may lead to poor decision making!
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Futures and leverages killed some thousands of traders in a couple of hours. They're going to celebrate 🥂 as they rise on the inauguration day! The dawn of the Trump-day brings with it an agonizing bloodbath!🫥
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Big day tomorrow as Trump is ready to attend the office! Donald Trump's inauguration as U.S. President is anticipated to have a significant impact on the cryptocurrency markets. His administration is expected to implement crypto-friendly policies, potentially fostering a more supportive regulatory environment. This shift could encourage institutional investments and stimulate growth within the crypto sector. Notably, Trump has introduced a meme coin named $TRUMP, which rapidly achieved a market value exceeding $6 billion on the Solana blockchain. This initiative underscores his commitment to integrating cryptocurrencies into mainstream financial systems. Industry experts suggest that altcoins, or alternative cryptocurrencies, may experience more substantial gains compared to Bitcoin under the new administration. The anticipated regulatory clarity could make altcoins more appealing to institutional investors, potentially leading to increased valuations. However, it's important to approach the market with caution. The cryptocurrency landscape is known for its volatility, and while the outlook appears positive, investors should remain vigilant and informed about ongoing regulatory developments and market dynamics.
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🚨🚨🚨Lummis Advances Bitcoin Push as Ten States Establish Strategic Reserves In a major boost for Bitcoin, Senator Cynthia Lummis revealed on Friday that she held discussions with Kraken exchange executives to chart the path forward for a Bitcoin strategic reserve and updated crypto regulations. Momentum Builds: Ten States Back Bitcoin Reserves Ahead of Trump's Second Term With Donald Trump's return to the presidency on the horizon, ten U.S. states have taken decisive action by proposing legislation to create Bitcoin strategic reserves. States including Massachusetts, Wyoming, New Hampshire, Alabama, Florida, Pennsylvania, Texas, Ohio, North Dakota, and Oklahoma aim to allocate portions of their state funds into Bitcoin investments. This move signals growing confidence in Bitcoin as a hedge against economic uncertainties and a tool for long-term financial growth. KEN-FI foresees a hyper bullish Bitcoin once states come in to hold it as a strategic reserve!
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