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TRUMPâS ELECTION AND SURGING SOLANA MEMECOIN ACTIVITY POSITIVELY IMPACT CRYPTO MARKETS: COINBASE ANALYSTS Coinbase analysts are optimistic about cryptoâs prospects heading into 2025, citing supportive U.S. macro conditions and Donald Trumpâs presidential win as likely positive influences. Analysts also highlighted that memecoin trading, especially on Solana, is now the third most profitable crypto sector. The 2024 U.S. election saw many pro-crypto candidates elected, with the House gaining 263 pro-crypto representatives versus 118 opposing, and the Senate securing 18 pro-crypto members. Analysts also noted that the Solana blockchain saw significant network fee growth from memecoin trades, indicating the platformâs role as a memecoin hub. #cryptosolutions
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BITCOIN SURGES TO NEW ALL-TIME HIGH, BREAKS PAST $77,000 MARK Bitcoin reached a historic milestone, surpassing $77,000, marking a new all-time high in the cryptocurrency market. This record-breaking achievement has reinforced Bitcoinâs position as a top digital asset, drawing significant interest from institutional and retail investors alike. Analysts attribute Bitcoinâs impressive climb to increased demand as a hedge against inflation, with rising adoption across global financial systems. #cryptosolutions $BTC
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Score Big with $FTON: The New Staking Token Powering FantasyFantonâs NFT Football Game on Tonstakers
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OPTIONS EXPIRE: BTC, ETH VOLATILITY GOES WILD $4.6B in BTC and ETH options dropping today: election hypeâs fading, but volatility is up. BTCâs got $3.7B on the line, max pain at $69K; while ETH options at $854.88M, eyeing $2.5K. Put-to-call ratios show some nerves, but big gains already rolled inâelection spike sent daily volumes to $10.8B. Fed cut rates by 0.25%, Powellâs not resigning, Trumpâs got crypto plans. Marketâs cooling fastâbut whales are already scheming.
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CALIFORNIA SHUTS DOWN BLOCKFI'S LICENSE AFTER BANKRUPTCY California just hit BlockFi with a major revocation of their lending licenseâtwo years after the FTX drama unfolded. They found BlockFi flouting the rules, like not checking if borrowers could actually pay up and goofing on loan terms. They faced a $175K fine, but itâs on hold since they're in bankruptcy.
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