DL News’ Post

Politifi tokens have taken a massive hit, with Kamala and Biden coins down 99% and Trump coins holding on slightly better. The sector has lost over 75% since June, showing the risky blend of politics and crypto. What’s next for these meme coins? #MemeCoins #CryptoCrash #Politifi #ElectionCrypto

🎙️ What’s next for Bitcoin? Find out why the latest $60K price level rejection has plunged the market into “extreme fear,” and we look at the potential impacts of the US Federal Reserve’s upcoming rate cut, as well as the recent legal shake-ups in crypto. Tune in for insights that matter! 🎧 https://lnkd.in/eT_PcUaD

Need to catch up on the news? Here’s our top 5 from today: 🔹Julian Assange to be freed after reaching plea deal with US. 🔸Bitcoin analysts forecast $BTC price drop to $50K before parabolic run begins. 🔹#Bitcoin    and #Ethereum transaction fees plummet to lowest level in 7 months. 🔸President of Jump Crypto steps down. 🔹Chief author behind President Biden’s crypto EO rejoins administration.

Since the US Election Bitcoin has been on a ride in the hope Trump will oversee an increase in deregulation of crypto. It has nearly 60% of the crypto market. However as we enter a period after the euphoria the only people who can really retain the demand (there are only 21m bitcoins in the world) are the retailer investors like you and me and is that going to happen? I'm not in crypto as I don't understand the market and the only reason it interests me is to see what happens. So far a 2% fall in the last 24 hours

𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗲𝘀 $𝟮𝟱𝟬𝗠 𝗟𝗶𝗾𝘂𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗔𝗺𝗶𝗱 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗿𝗶𝗰𝗲 𝗗𝗲𝗰𝗹𝗶𝗻𝗲 🚨 Bitcoin’s price drops nearly 4%, triggering $250M in liquidations as investors react to “extreme greed” levels on the Crypto Fear and Greed Index. Could this signal a market correction? Volatility heightens with upcoming U.S. elections impacting sentiment. 📉 #Bitcoin #CryptoMarket #BTCPrice #FearAndGreedIndex #MarketCorrection #Bitcoinpricedrop #cryptoliquidations #FearandGreedIndex #cryptomarketcorrection #investorsentiment Read more 👇 https://lnkd.in/gdCa6t4U

The content discusses the launch of meme coins associated with the US president-elect and the former and future first lady. It details the rapid increase in value of the Official Trump meme coin, reaching nearly $15 billion in market cap before a Melania meme coin was introduced. The subsequent fluctuations in prices of both tokens led to market-wide effects, including significant liquidations and price drops for various cryptocurrencies. The article concludes by questioning the impact of these meme coins on the crypto market.

🌐 Trading Volumes: Hong Kong vs United States ETFs 📈 The total trading volume of Hong Kong Bitcoin and Ethereum spot ETFs on May 6 was only US$7.72 million. In comparison, 11 #Bitcoin spot ETFs in the US had a trading volume of US$1.88 billion, 268x times higher than Hong Kong's. Join the discussion and stay updated on the latest global crypto news at t.me/CMNisal 🚀

❗ New Episode - Bitcoin Daily In addition to the #economy, #inflation, and the home affordability crisis, #crypto has now entered the lexicon as a major battle ground in the upcoming election after Former President Donald Trump makes a statement in support of it. Meanwhile, Exodus, a self-custody crypto wallet is blocked from being listed on the New York Stock Exchange, and legislation is being introduced to outright prohibit crypto mixers. Which leads us to ask whether #Bitcoin really is a partisan issue or if it's a generational one? Will our global problems be solved by simply electing new leaders? Or do we need to fix the #money?

🚨 Exclusive: In a statement sent to BitPinas, Coins CEO addresses capital gaps & crypto reserve deficits of the platform. https://bit.ly/coins-afs