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Larry Kudlow emphasizes that President-elect Donald Trump is highly attuned to the stock market's performance. On his show, Kudlow highlights the importance of maintaining a positive market sentiment for Trump's administration.
Perianne Boring, CEO of the Digital Chamber, predicts Bitcoin could soar to $800,000 by the end of next year, driven by potential policy changes from President-elect Donald Trump. The stock-to-flow model suggests that Bitcoin's fixed supply will lead to significant price increases as scarcity grows. Trump has pledged to support the crypto sector, including plans to fire SEC Chair Gary Gensler and hold seized Bitcoin as an investment rather than selling it.
Investors are eyeing top meme tokens like Book of MEME, which has delivered over 30x returns since its early 2024 launch, and Pepe Coin, boasting a 400x YTD gain and a market cap of ~$10 billion. Peanut the Squirrel, inspired by a poignant backstory, has surged 3,700% to $1.2, while Just a Chill Guy offers a relaxed investment vibe with a 3x gain since November 2024. As the market anticipates a bull run, these projects are positioned for significant growth in 2025.
The Senate Banking Committee will vote on SEC Commissioner Caroline Crenshaw's renomination next Wednesday after a previous postponement due to procedural conflicts. Crenshaw faces significant opposition from the crypto industry for her stringent regulatory stance, particularly her dissent against spot Bitcoin ETFs, which has intensified backlash as Congress nears adjournment. Despite this, over 40 labor and civil society organizations support her confirmation, warning that failure to do so could lead to a lack of diverse political viewpoints within the SEC.
The meme coin market is heating up with the emergence of $XYZ, a new token on the Polygon network priced at $0.001, aiming for a staggering 99,900% surge. While Shiba Inu and Dogecoin show mixed performance, $XYZ targets sports fans and promises significant growth in the upcoming bull run. As the presale progresses, early investors are encouraged to join before the anticipated price increase.
Paul Atkins, President-elect Donald Trump's nominee for the SEC, faces ethical scrutiny over $3 million in consulting fees from clients he may soon regulate. His firm, Patomak Global Partners, has received significant payments from banks, fintech firms, and cryptocurrency exchanges, raising concerns about potential conflicts of interest. While Atkins is supported by trade groups for his regulatory experience, he is reportedly hesitant to take on the SEC role due to the agency's perceived inefficiencies under Gary Gensler's leadership.
Ripple's XRP token surged over 400% after Donald Trump's 2024 election win, reaching nearly $3, but has since retraced to around $2.5 with a market cap of over $140 billion. For XRP to hit a $1 trillion market cap, its price would need to rise to approximately $17.5, driven by market sentiment and increased adoption for cross-border payments, though challenges like competition and regulatory hurdles remain.
The world faced a critical moment in the fall of 2022 during the Ukraine war, with the potential for a tactical nuclear strike looming as Russian forces were encircled in Kherson. U.S. and British leaders engaged in tense diplomacy to avert catastrophe, highlighting the unpredictable nature of geopolitical conflicts. As the situation evolves, vigilance and awareness of potential crises remain essential for global stability.
Web3Bay is launching a decentralized e-commerce platform driven by community governance, utilizing the 3BAY token, currently priced at $0.003 during its presale. The platform aims to enhance user control over transactions and data while integrating DeFi features and various payment methods. As Dogecoin and SHIB show market resilience, Web3Bay presents a promising investment opportunity with potential returns of 6430% as it progresses through its development stages.
Solana (SOL) and Avalanche (AVAX) are experiencing growth amid a bullish crypto market, with SOL projected to reach $240 and AVAX $56 in the coming months. Meanwhile, the viral meme coin Cutoshi (CUTO) has raised over $1.36 million in presale, attracting interest from traders looking to diversify into DeFi. Cutoshi aims to educate new users on decentralized finance while offering a multichain DEX for safer trading.
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