Memecoins Surge Ahead of US Elections

Crypto analyst Altcoin Sherpa predicts that memecoins inspired by US politics could soar in the lead-up to the November presidential election. Trump and Biden-Inspired Coins MAGA (TRUMP) and Jeo Boden (BODEN) are two memecoins that have drawn attention due to their connection to former President Donald Trump and President Joe Biden, respectively. Altcoin Sherpa believes…

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Flare Network: A Potential Challenger to Chainlink

A crypto investment fund linked to Arthur Hayes believes that Flare (FLR), a blockchain oracle rival to Chainlink (LINK), is undervalued and could potentially surge in value. Flare’s Potential The fund highlights that Flare has a lower fully diluted valuation compared to Chainlink, despite having a smaller number of project integrations. They believe that if…

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PEPE Coin: Holding Strong Amidst Market Downturn

Despite the recent crypto market decline, PEPE coin has remained resilient, trading above key technical indicators. Technical Analysis 100-Day SMA and Trendline:PEPE has consistently traded above its 100-day Simple Moving Average (SMA) and trendline, indicating a positive trend. RSI Indicator:The 4-hour RSI is above 50, suggesting bullish sentiment. However, a divergence between price and RSI…

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Tron’s DeFi Ecosystem Soars to $21 Billion

Tron’s decentralized finance (DeFi) ecosystem is on a roll, surpassing a whopping $21.7 billion in total value locked (TVL). This surge indicates a thriving DeFi scene on the Tron blockchain. DeFi Haven for Crypto Investors TVL is a key measure of DeFi activity, reflecting the amount of crypto assets deposited in DeFi protocols. Tron’s TVL…

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Mark Cuban Blasts SEC, Demands Crypto Regulation

SEC Enforcement Fails to Protect Investors Mark Cuban, the billionaire investor and crypto enthusiast, has slammed SEC Chairman Gary Gensler for the agency’s aggressive approach to regulating the crypto industry. Cuban argues that the SEC’s actions have not protected investors from fraud but have instead stifled legitimate crypto businesses. Urgent Need for Crypto Legislation Cuban…

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The Truth About Economics: Why Bitcoin Is a Game-Changer

Economists Are Often Wrong Despite being presented as experts, economists have repeatedly made inaccurate predictions. For example, they claimed inflation was “transitory” and dismissed concerns about government spending leading to inflation. The Failure of Keynesian Economics Keynesian economics, once widely taught, has proven to be flawed. It suggests that government spending can stimulate economic growth,…

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JPMorgan Chase Invests in Bitcoin ETFs

Banking giant JPMorgan Chase has disclosed that it holds approximately $760,000 worth of spot Bitcoin ETFs on behalf of its clients. Portfolio Breakdown The exposure is distributed across several Bitcoin ETFs, including: BlackRock’s iShares Bitcoin Trust (IBIT) ProShares Bitcoin Strategy ETF (BITO) Fidelity’s Wise Origin Bitcoin Fund (FBTC) Grayscale Bitcoin Trust (GBTC) Bitwise Bitcoin ETF…

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