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Trump’s Victory: The Potential Impact on Crypto Explained Let’s revisit his key campaign promises to evaluate their potential impact on the crypto industry. In his election campaign, Trump pledged a series of important measures for the crypto community. Many of these were articulated at Bitcoin 2024 Conference Creating a National $BTC Reserve Among Trump’s boldest campaign promises is the establishment of a U.S. strategic Bitcoin reserve. He pledged that his administration would retain all seized Bitcoin—currently around 210,000 BTC—to serve as a national reserve. “If I am elected, it will be the policy of my administration to keep 100% of all the Bitcoin the U.S. government currently holds or acquires into the future”. This initiative would position the U.S. as a global leader in digital currency reserves. No Room for CBDCs Trump firmly opposes central bank digital currencies (CBDCs). His stance resonates with those in the crypto community who worry CBDCs could threaten privacy by expanding government control. By rejecting CBDCs, Trump’s vision aligns with those who see decentralized crypto as essential for privacy and freedom. Boosting BTC Mining in America Trump also promised to expand Bitcoin mining domestically, envisioning a future where all new BTC is mined within the U.S. This effort aims to reduce reliance on foreign mining power, particularly in China. While details remain unclear, the initiative reflects Trump’s commitment to strengthening the U.S. crypto sector. Industry figures, like Jan3’s Samson Mow, see this as a positive step for crypto independence. A Pro-Crypto Political Movement He aims to form a Bitcoin council to work with Congress on pro-crypto legislation and announced intentions to replace SEC Chair Gary Gensler. This political shift could foster a more supportive environment for digital assets, fueling growth and innovation in the U.S. crypto space. source: https://www.gncrypto.news/news/trumps-victory-the-impact-on-crypto-explained/ #TrumpCryptoSupport #CryptoDecision
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Boom of WhiteBIT Coin - October Price Performance Review of Major Exchange Coins/Tokens CEXs Gainers: WBT (WhiteBIT): Up by 65.7% BGB (Bitget): Up by 15.8% KCS (KuCoin): Up by 14.6% $BNB (Binance): Up by 6.2% HT (Huobi): Up by 6.8% GT (Gate.io): Up by 1.5% LEO (Bitfinex): Up by 3.6% Losers: OKB (OKX): Down by 5.7% CRO (Crypto.com): Down by 7.4% DEXs Gainers: $GNO (Gnosis): Up by 27.9% $JUP (Jupiter): Up by 22.4% RUNE (Thorchain): Up by 19.7% UNI (Uniswap): Up by 11.1% Losers: OSMO (Osmosis): Down by 26.3% SUSHI (SushiSwap): Down by 4.5% 1INCH (1inch Network): Down by 5.7% CAKE (PancakeSwap): Down by 7% LRC (Loopring): Down by 1.3% XLM (Stellar): Down by 1.2% Numbers are according to CoinGecko (01.11.2024 - 14:00 UTC). WBT (WhiteBIT) led the CEXs with a remarkable 65.7% increase. GNO (Gnosis) was the top performer among DEXs, rising by 27.9%. OSMO (Osmosis) saw a significant decline of 26.3%, marking the largest loss among DEX tokens. #BNBAnalysis #WhiteBit #WBT #GNO
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Crypto Adoption in 2024: 5 Key Trends Shaping the Industry In 2024, cryptocurrency continues to expand globally, with significant developments in both adoption and innovation. Global Crypto Adoption Rising adoption in Central and South Asia, Oceania: Countries like India and Vietnam are leading in crypto use. Increased activity across all income levels: Crypto activity is growing globally, even in high-income countries due to institutional transfers and Bitcoin ETFs. 5 Major Crypto Trends in 2024: 1. Tap-to-Earn Games Tap-to-Earn games merge mobile gaming with crypto, allowing users to earn rewards for simple in-game actions. Popularized by platforms like Telegram, games such as Notcoin have revived the GameFi industry. 2. Sports and Crypto Partnerships Crypto companies are increasingly partnering with top sports teams, blending fan engagement with digital assets. Notable deals include Crypto.com’s sponsorship of the UEFA Champions League and Bitget’s collaboration with LaLiga. WhiteBIT CUP 2024, organized by WhiteBIT (partner of FC Barcelona), highlights the potential for crypto events in sports. 3. Crypto Payments in the Automotive Industry Companies like Tesla and Ferrari are enabling car purchases using cryptocurrencies like Bitcoin and Dogecoin. This trend is spreading globally, with Whitepay facilitating the first electric vehicle sale in Ukraine through crypto. 4. Blockchain in Education Universities and educational institutions are integrating blockchain to improve transparency and verification in learning. 5. Native Blockchains by Crypto Exchanges Leading exchanges are developing native blockchains to optimize their ecosystems, reduce dependency on networks like Ethereum, and lower transaction costs. These blockchains enhance security, scalability, and user experience. Source: https://paragraph.xyz/@hryniv_vlad/2024-crypto-trends-from-tap-to-earn-games-to-blockchain-in-education #TrendingInvestments #TeslaBTCQ3HoldingsStable #BTCBreak71K #BinanceBlockchainWeek #Write2Earn!
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Avalanche Foundation Presents a Crypto Payment Card Visa The Avalanche Foundation, the company behind the Avalanche blockchain( $AVAX ), has introduced its new cryptocurrency Visa card. On 21 October, the company announced the launch of the Avalanche Card, which allows for payments in cryptocurrencies, on social network X. Both physical and virtual versions of the Avalanche Card will be accessible, enabling users to pay anywhere Visa cards are accepted. According to the Avalanche Card website, the credit card is linked to a ‘self-secured wallet with a unique address for each asset’. The Avalanche Card website states that the card will initially be available to people living in Latin America and the Caribbean. Additionally, the card information indicates that there is no fee associated with using the Avalanche Card; nonetheless, users are advised to review the whole list of cards and service fees that are included in the card’s terms and conditions of use. The cryptocurrency industry has long offered users a variety of cryptocurrency payment options, both through cards such as Bybit Card, Gate Card, WhiteBIT Card and Coinbase Card, and payment solutions such as BinancePay, CryptoPay, BitPay, and Whitepay. Crypto payments can be made from anywhere in the world, and there are no limits on who can make or receive them. Source: https://36crypto.com/crypto-news-digest-todays-top-5-must-read-headlines/ #BTCBreak71K #Avax🔥🔥 #AvalancheAVAX #Write2Earn! #AirdropBinance
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Boom of DEX cryptocurrencies - September Price Performance Review of Major Exchange Coins/Tokens CEXs Gainers: GT (Gate.io): Up by 18.8% OKB (OKX): Up by 15.3% $BNB (Binance): Up by 11.2% HT (Huobi): Up by 8.9% CRO (Crypto.com): Up by 6.9% WBT (WhiteBIT): Up by 6.1% BGB (Bitget): Up by 4.7% LEO (Bitfinex): Up by 2.2% Losers: MX (MEXC): Down by 7.0% KCS (KuCoin): Down by 0.5% DEXs Gainers: $OSMO (Osmosis): Up by 55.9% $SUSHI (SushiSwap): Up by 44.5% RUNE (Thorchain): Up by 35.2% UNI (Uniswap): Up by 35.1% 1INCH (1inch Network): Up by 21.6% JUP (Jupiter): Up by 23.7% CAKE (PancakeSwap): Up by 20.9% GNO (Gnosis): Up by 16.2% LRC (Loopring): Up by 13.8% XLM (Stellar): Up by 10.7% Numbers are according to CoinGecko (01.10.2024 - 10:00 UTC). OSMO (Osmosis) takes the lead among DEX tokens with an impressive 55.9% increase, while SUSHI (SushiSwap) and RUNE (Thorchain) also show strong performances. GT (Gate.io) is the champion of the month among CEX tokens, with OKB (OKX) and BNB (Binance) following closely behind. BTCPredictedNewATH #moonbix #Write2Earn! #BNB_Market_Update
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