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Good Morning My Good Friends
#trump#bitcoin $BTC
Trump Calls For U.S. Monopoly On BitcoinBitcoin +1.3% Mining
“We want all the remaining Bitcoin to be MADE IN THE USA!!!,” Donald Trump said in a post on his social media platform Truth Social. The former president and presumptive Republican nominee, embracing cryptocurrency after years of skepticism, is using digital assets to score points with voters. Incumbent Joe Biden has been less enthusiastic about the sector, although the Block reported that his reelection campaign may accept crypto donations.
Trump claimed bitcoin “may be our last line of defense against” a central bank digital currency (CBDC), reiterating opposition to a so-called digital dollar issued by the Federal Reserve. The Fed has explored the concept but not expressed an opinion on whether it is a good idea. Trump has branded a CBDC a “dangerous threat to freedom” and vowing to block its creation if reelected.
Mining remaining bitcoin in the U.S. will also help the country be “ENERGY DOMINANT” Trump wrote. Bitcoin mining consumes significant amounts of energy, but it can be turned off during peak demand periods and throttled at other times, rewarding electricity generators who add capacity with stable usage.
Meanwhile, bitcoin miner Core Scientific is on a roll as it repurposes some of its energy-guzzling hardware for the high-performance computing (HPC) that underpins artificial intelligence operations. Core unveiled new details about the 300 megawatts of available HPC infrastructure that will be added to 200 megawatts committed under a recent deal with AI hyperscaler CoreWeave. CoreWeave liked the company so much it tried to buy it, offering $5.75 a share or $1 billion on June 3. Three days later, Core Scientific’s board rejected the offer as undervaluing their company, and the stock ended Friday at $10.33, up 33% for the week.
Trump Calls For U.S. Monopoly On BitcoinBitcoin +1.3% Mining
“We want all the remaining Bitcoin to be MADE IN THE USA!!!,” Donald Trump said in a post on his social media platform Truth Social. The former president and presumptive Republican nominee, embracing cryptocurrency after years of skepticism, is using digital assets to score points with voters. Incumbent Joe Biden has been less enthusiastic about the sector, although the Block reported that his reelection campaign may accept crypto donations.
Trump claimed bitcoin “may be our last line of defense against” a central bank digital currency (CBDC), reiterating opposition to a so-called digital dollar issued by the Federal Reserve. The Fed has explored the concept but not expressed an opinion on whether it is a good idea. Trump has branded a CBDC a “dangerous threat to freedom” and vowing to block its creation if reelected.
Mining remaining bitcoin in the U.S. will also help the country be “ENERGY DOMINANT” Trump wrote. Bitcoin mining consumes significant amounts of energy, but it can be turned off during peak demand periods and throttled at other times, rewarding electricity generators who add capacity with stable usage.
Meanwhile, bitcoin miner Core Scientific is on a roll as it repurposes some of its energy-guzzling hardware for the high-performance computing (HPC) that underpins artificial intelligence operations. Core unveiled new details about the 300 megawatts of available HPC infrastructure that will be added to 200 megawatts committed under a recent deal with AI hyperscaler CoreWeave. CoreWeave liked the company so much it tried to buy it, offering $5.75 a share or $1 billion on June 3. Three days later, Core Scientific’s board rejected the offer as undervaluing their company, and the stock ended Friday at $10.33, up 33% for the week.
(History of Binance Coin)
Originally issued as an ERC-20 token on the Ethereum blockchain, BNB has since migrated to Binance's own blockchain, Binance Chain. BNB was initially created to offer users discounts on trading fees within the Binance ecosystem, but its utility has expanded significantly.
Originally issued as an ERC-20 token on the Ethereum blockchain, BNB has since migrated to Binance's own blockchain, Binance Chain. BNB was initially created to offer users discounts on trading fees within the Binance ecosystem, but its utility has expanded significantly.
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📈Dogecoin to $12? Investor Says This Coin Below $0.10 Will Reach That Price Even Before DOGE Clears $1🦄
Why Dogecoin’s $12 Target Is Far-Fetched
Beyond its popularity and well-known supporters, Dogcoin’s path to $12 is full of challenges. Being a meme-based cryptocurrency, DOGE has sometimes been driven more by social media attention than by inherent technical worth or usefulness. Though its trading volume has stayed strong, there is no obvious market value estimate or use that might drive its price to historically extraordinary levels of $12. Dogecoin battled to top $0.75 even at the height of the 2021 crypto bull run, and it has subsequently settled in lower values. The price of the coin now is somewhat constant, much below past highs. Furthermore, lacking in DeFi and utility-based growth engines driving other cryptocurrencies is Dogecoin. Expecting Dogecoin to hit $12 seems more improbable without these fundamental elements.
Rexas Finance’s Potential to Hit $12 Before Dogecoin Reaches $1
The ambitious project plan and fast presale performance of Rexas Finance make it fit to reach important price benchmarks. Not unusual in the cryptocurrency space, Rexas Finance would have to rise 171-fold from its present $0.07 presale price to reach $12. Rexas Finance is positioned to maintain a steady increase with its utility-orientated approach and outstanding presale numbers. By contrast, dogecoin would have to rise more than six times to get to $1. Given its present price of $0.16 and a 24-hour trading volume devoid of any price movement, Dogecoin’s ascent to $1 looks difficult. With its usability and presale momentum, Rexas Finance is more likely to realize exponential growth that might propel it to double-digit values in the foreseeable future.
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