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Trump’s Bitcoin Reserve Plan Drives $100K Crypto Rally
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Trump’s Bitcoin Reserve Plan Drives $100K Crypto Rally BTC returned above $100,000 following bullish speculations by crypto experts.Brian Armstrong endorsed a Bitcoin Reserve for the U.S. after meeting with Trump. Michael Novogratz thinks Bitcoin could surge to $500K during Trump’s administration. Bitcoin climbed back above $100,000 following bullish speculations by renowned cryptocurrency stakeholders, including Coinbase CEO Brian Armstrong and Michael Novogratz, CEO of Galaxy Investment Partners. Both highlighted factors that could drive Bitcoin’s value higher, including rumors of Donald Trump considering Bitcoin as part of a U.S. Strategic Reserve. In a recent podcast, a crypto analyst noted that Armstrong endorsed a Strategic Bitcoin Reserve for the U.S. after having a private meeting with Trump. Reports suggest Trump may designate cryptocurrency as a national priority, a move Armstrong believes could significantly benefit the U.S. crypto market. Congressional Changes Could Drive Crypto Adoption During an interview, Armstrong commended the United States’ new Congress, describing it as the “most crypto-friendly Congress ever.” The Coinbase CEO said Trump’s administration, alongside the new Congress, could give the U.S. crypto industry a chance at regulatory clarity. According to Armstrong, the SEC and the CFTC can collaborate on rule-making, or Congress could step in and pass new legislation. Meanwhile, Armstrong noted that the new era of crypto development goes beyond Bitcoin. According to him, several other cryptocurrencies benefit from the positive vibe the Trump administration will introduce into the crypto space. Armstrong was specific about cryptocurrencies like TON and WLD, deployed in emerging markets, including Uniswap and some layer-2 solutions like Optimism that are making waves in the DeFi space. In the meantime, Novogratz thinks the U.S. should establish a Strategic Bitcoin Reserve, showing the world that it #Bitcoin #Crypto #CryptoNews #Cryptomarket #CryptocurrencyPotential
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Binance Listed the Most Talked Memecoin of the Last Hours on Futures
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Binance Listed the Most Talked Memecoin of the Last Hours on Futures According to a last-minute statement made by Binance, it has decided to list the Official Trump (TRUMP) memecoin in futures. The altcoin launched today has a total market value of over $4 billion and has risen by 208% in the last 24 hours. #Bitcoin #Altcoin #Binance #Cryptonews #CryptoMarket
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Altcoins Surge as Bitcoin Hits New Heights
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Bitcoin(BTC) Surpasses 104,000 USDT with a Narrowed 0.58% Decrease in 24 Hours
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Vitalik Buterin Supports Engagement With Institutions On Ethereum
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Trump Token Surpasses $23 With Market Cap Reaching $4.67 Billion
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Trump's Support For U.S.-Based Projects Like Solana Could Impact Capital Gains Tax
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