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Donald Trump Promises to "Never Allow" Central Bank Digital Currencies (CBDC) if Elected -January 18, 2024 Former President and front-runner in the Republican leadership race, Donald Trump, has promised to ban the creation of a central bank digital currency (CBDC) during a campaign stop in New Hampshire. "As your president, I will never allow the creation of a central bank digital currency,” Trump said on stage, joined by crypto-friendly former candidate Vivek Ramaswamy, who recently suspended his campaign. JUST IN: 🇺🇸 Donald Trump says "As your president, I will never allow the creation of a Central Bank Digital Currency. Such a currency would give our federal government absolute control over your money." January 18, 2024 “This would be a dangerous threat to freedom, and I will stop it from coming to America,” he continued. “Such a currency would give a federal government, absolute control over your money. They could take your money, and you wouldn’t even know it was gone.” CBDCs are digital versions or tokenized versions of cash that are issued and regulated by central banks that may or may not use blockchain as an underlying technology. Trump, once a critic of crypto, owned over $2.5 million in ether according to an August 2023 disclosure. While there's currently no proposal from the Federal Reserve to introduce a CBDC, this hasn't stopped it from becoming a hot issue in U.S. politics, particularly on the campaign trail. #BTC #BINANCE #USDT #Crypto #NewsBTC $BTC $ETH $BNB

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Which Altcoins Did Binance Invest in in 2023? Here is the Full List! While Binance, the world's largest cryptocurrency exchange, continues to invest in new projects, Binance Labs announced the altcoin projects invested in 2023. At this point, Binance Labs compiled the invested projects in its blog post. Binance Labs stated that it has invested in more than 25 altcoin projects in the Web3 space throughout 2023. Binance Labs also stated that it has invested in 250 projects in 25 countries since 2018 and has achieved a 14-fold return from these investments. Finally, Binance Labs stated that more than 2,000 global startups applied to the incubation programs for two seasons in 2023 and said, “In 2023, Binance Labs funded nine prominent projects participating in the 5th and 6th Seasons of the Binance Labs Incubation Program. These are AltLayer, Bracket Labs. , dappOS , KiloEx , Kinza Finance , KryptoSkatt , Mind Network , Sleepless AI , zkPass .” said. #ALT #BINANCE #News #XAI #trending2024 $BTC $XAI

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Trader Issues Warning on Solana Rival That’s Up 247% in One Month, Updates Outlook on LDO and One Other Altcoin A widely followed crypto strategist warns that a Solana (SOL) competitor that’s up more than 3x in the last 30 days is flashing signals that it may have printed a short-term top. The pseudonymous analyst known as Altcoin Sherpa tells his 205,700 followers on the social media platform X that while layer-1 blockchain Sei (SEI) is still in an uptrend, it starting to show signs of bullish exhaustion. “Why it looks good: -consolidation and highly bullish high time frame market structure -still bullish on all time frames -EMAs (exponential moving averages) all catching up + other alts looking strong Why it doesn’t: -could be an exhaustion pump here and last big move up -could be rotation from others (SOL/SEI/etc/) to ETH season also known as ARB/LDO/OP -dying volume/some signs of distribution here.” At time of writing, SEI is trading for $0.785, up over 247% from its 30-day low of $0.226. The trader is also keeping an eye on the price action of Lido DAO (LDO), a liquid staking service for the Ethereum (ETH) blockchain. Altcoin Sherpa says that while he’s still bullish on LDO, he expects it to correct to either the 0.382 or 0.5 Fibonacci retracement level. “LDO: checking this one, I think a solid entry is coming up around $2.75-$3. Still bullish on this one overall.” At time of writing, LDO is worth $3.45. The last altcoin on the trader’s radar is X is the gaming-focused crypto project $XAI (XAI). Altcoin Sherpa thinks that XAI will likely revisit its immediate support level before moving higher. “XAI: something like $0.90 would probably be a solid entry.” #XAI #BTC #trendingtoday $XAI $BTC #news #ALT

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BNB Chain Launches $475,000 Hackathon Plan for 2024 According to Foresight News, BNB Chain has announced the launch of its 2024 hackathon plan, with a total prize pool of $475,000. The hackathon will cover six tracks, including AI, infrastructure, gaming, DePIN, social, and academic research. The competition aims to encourage innovation and development in various fields, with participants competing for the substantial prize pool. The event is expected to attract a diverse range of talent and foster collaboration among developers, researchers, and other industry professionals. #TrendingTopic #Binance #BTC #NewsofCrypto #Crypto

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