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Former FTX CEO Sam Bankman-Fried is reportedly using Alameda Research funds to pay for hefty legal fees charged by his lawyers for his high-profile criminal fraud lawsuit that costs investors billions of dollars. đĽ
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đąđąđą BREAKING NEWSđĽđĽđĽđĽ đ¨đ¨ Gold crashes on expectations Trump will reduce inflation đ In the short term, all risk assets (stocks and crypto), are likely to experience volatility due to a drop in gold prices and a spike in the Dollar Index. #Gold #Trump47thPresident
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Ethereum (ETH) Swing Long Strategy Overview With the recent political developments resulting in Donald Trump assuming office, Bitcoin (BTC) appears to have stabilized, absorbing the immediate effects. As a result, the cryptocurrency market is witnessing a potential correction in Bitcoin dominance. Notably, the ETH/BTC trading pair is approaching a long-term demand zone, signaling a promising period for Ethereum and other robust altcoins this November. Market Conditions and Entry Strategy Traders should exercise caution in this volatile market, ensuring precise entry points. Current entry prices for Ethereum are approximately $2,450 to $2,630. Investors should remain vigilant for market pullbacks, viewing them as opportunities to enhance their positions if conditions permit. Risk Management - Invalidation Level: A daily close below $2,200 will serve as a point of invalidation for this setup, necessitating a reassessment of the strategy. Target Projections - **Short-Term Targets**: $2,780, $2,950, $3,200 - **Mid-Term Targets**: $4,000, $5,000, $6,000 - **Long-Term (HODL) Target**: $10,000 Investors are encouraged to implement sound risk management practices, taking into account the inherent volatility of the cryptocurrency market. This strategic overview aims to provide a structured approach to capitalizing on current market conditions favoring Ethereum. #ETHđĽđĽđĽđĽ
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Trumps basically WON! đ He will be the new pro crypto president. Hereâs a recap of everything bullish Donald Trump said about bitcoin: 1. On day one he will fire Gary Gensler and appoint a new SEC chairman 2. Create a US Government strategic national Bitcoin stockpile 3. US Gov will keep 100% of BTC it owns 4. Bitcoin is going to the moon 5. Never sell Bitcoin 6. Bitcoin will surpass the market cap of Gold 7. Will commute Ross Ulbricht's sentence. 8. There will never be a CBDC while heâs President 9. Crypto will skyrocket like never before if elected President 10. Bitcoin is not a threat to the dollar, the current administration is a threat to the dollar 11. The US will be the crypto capital of the planet and the Bitcoin superpower of the world 12. Bitcoin stands for freedom, sovereignty, and independence from government coercion and control 13. He pledged to the Bitcoin community that the day he takes Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over. We pump now đ #Trump47thPresident #BTCBreaksATH
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đą Dogecoin (DOGE) Price Rockets 22% as Trump Nears Presidential Win đś
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Bitcoin Surges to Record $75,000 Amid U.S. Election Night Drama đđ¸
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