Donald Trump’s latest declaration could mean a seismic shift for the crypto industry. If re-elected, his first executive action would be to remove SEC Chairman Gary Gensler. Here’s why this matters:

1️⃣ Easing Regulatory Burdens: Gensler’s term has been marked by strict regulations and a crackdown on crypto assets. A leadership change could loosen these reins, sparking growth and innovation.

2️⃣ Driving Innovation and Investment: A more relaxed regulatory climate could reinvigorate U.S. crypto startups and attract global investment, transforming the U.S. into a crypto powerhouse.

3️⃣ Balancing Progress with Protection: While the crypto world may cheer for fewer restrictions, maintaining a safe and ethical market is essential. A new leader would need to walk the fine line between fostering innovation and protecting investors.

🔍 Will Trump Deliver? The potential shift raises big questions: Will he follow through, and what would be the long-term impact on the crypto landscape?

Why This Matters: Investors and crypto enthusiasts should stay tuned. A change in SEC leadership could redefine strategies and reshape the market.

What is Holograph?

Holograph is a multichain digital asset protocol. At its core, Holograph enables the deployment of natively multichain digital assets, which are assets that exist as single instances across multiple execution environments.

Holograph’s parent company, has raised $8.2M from Courtside Ventures and Wave Financial and has already to launch an own token called “HLG”. Early users who’ve done mainnet actions may get an airdrop when they launch their token and could also make you eligible for the LayerZero airdrop.
What to do to qualify for the Airdrop?

Step-by-Step Guide:
Visit the Holograph website.Connect your Ethereum, Polygon or Avalanche wallet.Click on “Create Collection” and create an NFT collection.Now click on “Mint” and deploy the collection on your preferred network.Click on “Bridge” and bridge the collection from one network to another.Try to repeat the above action on multiple networks and multiple wallets.They’ve already confirmed to launch an own token called “HLG” and early users who’ve done the above actions may get an airdrop when they launch their token.They’ve also partnered with LazyerZero so you could also become eligible for the LayerZero speculative airdrop.Please note that there is no guarantee that they will do an airdrop. It’s only speculation

BONUS - Layer Zero active when you use Holograph
So you qualify for 2 airdrops at once!
Thanks for reading and following guys! #airdropking #BTC #CryptoNews🔒📰🚫 #InvestorAlert
$BTC $ETH $BNB

Bitcoin (BTC) continues to trade in the green zone as the maiden cryptocurrency endeavors to surge toward a new all-time high, bouncing back from the downturn experienced in 2022. With the resurgence in value, Bitcoin is concurrently fostering an increase in millionaire holders.Specifically, as of November 12, the number of Bitcoin millionaires stood at 88,628, signifying a substantial increase of 60,544 from the 28,084 millionaires reported on January 5, according to data retrieved by Finbold. This surge in Bitcoin millionaires marks a threefold increase in 2023, equivalent to a remarkable 215% growth.Bitcoin distribution among addresses on November 12, 2023. Source: BitInfoChartsBreaking down the millionaires, the number of addresses holding a minimum of $1 million in Bitcoin sits at 81,962, while addresses with at least $10 million worth of the asset amounts to 6,666.In contrast, on January 5, 2023, the count of Bitcoin millionaires was 28,084. Among them, 24,279 addresses held a minimum of $1 million worth of BTC. In comparison, 3,805 addresses possessed at least $10 million worth of Bitcoin per data accessed through the Wayback Machine web archive tool.Bitcoin distribution on January 5, 2023. Source: BitInfoCharts/Wayback MachineThe surge in Bitcoin millionaires is linked to the rally in the asset’s price, which has propelled the digital currency to $37,000 after lingering below the $30,000 threshold for most of the year.In January, Bitcoin millionaires constituted a rather exclusive group grappling with the prevailing bearish sentiments in the cryptocurrency market. Notably, during that time, Bitcoin faced challenges stemming from macroeconomic conditions and fallout from incidents such as the collapse of the FTX crypto exchane.Bitcoin aiming for new all-time highBy press time, the value of Bitcoin stood at $37,050, representing a year-to-date growth of over 120%. Currently, Bitcoin’s surge can be attributed to several factors. Notably, the anticipation of the approval of the first Bitcoin spot Exchange-Traded Fund (ETF) has served as a key catalyst for the ongoing rally. According to a Finbold report, there is potential approval for 12 separate Bitcoin ETF spots over the next week by the U.S. Securities and Exchange Commission (SEC). Among the applicants is BlackRock (NYSE: BLK), the world’s leading investment firm, which could significantly impact the market upon approval.Meanwhile, analysts maintain that Bitcoin’s current momentum could lay the foundation for the potential largest bull run in the asset’s history.#IluPredictor #BTC #etf #InvestorAlert #News $BTC

The cryptocurrency market is bracing itself for a potential storm as Mt. Gox and the US government prepare to release a massive amount of Bitcoin into the market. This could lead to a significant increase in selling pressure, potentially causing Bitcoin's value to plummet.
Mt. Gox's Upcoming Distribution
Mt. Gox, the infamous cryptocurrency exchange that filed for bankruptcy in 2014, is set to distribute 46,000 Bitcoin (approximately $2.7 billion) to its creditors. This move is part of the exchange's rehabilitation plan, aimed at compensating users who lost funds during the bankruptcy.
US Government's Bitcoin Holdings
The US government currently holds over 203,000 Bitcoin (approximately $12.1 billion), seized from various sources, including the Silk Road marketplace and other criminal activities. There is speculation that the government may decide to sell some or all of these holdings, which could further increase the selling pressure on the market.
Combined Selling Pressure
If both Mt. Gox and the US government decide to release their Bitcoin holdings into the market, it could result in a staggering $15 billion worth of additional selling pressure. This could lead to a significant decline in Bitcoin's value, potentially making September the slowest month for crypto this year.
Market Implications
The potential release of such a large amount of Bitcoin into the market could have far-reaching implications for the cryptocurrency space. It may lead to:
- Increased selling pressure, causing Bitcoin's value to drop
- Reduced investor confidence, potentially leading to a market downturn
- A decrease in liquidity, making it more challenging for traders to buy and sell Bitcoin
Conclusion
The cryptocurrency market is facing a potentially significant challenge with the upcoming release of Bitcoin from Mt. Gox and the US government. Investors and traders must be aware of this situation and prepare for possible market fluctuations.
Will Bitcoin's value decline, or will the market absorb the increased selling pressure?
#MtGox #USGovernment #SellingPressure #CryptoMarketAlert #InvestorAlert