“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.
The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum.
The app’s new update seeks to boost transparency in the market by exposing token ownership patterns that may indicate centralization or manipulation.
The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet and Polygon.
The suit also links him to organized crime in Eastern Europe and terrorist groups.
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
World Liberty Financial slashed its fundraising goal from $300 million to $30 million last week.
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the ‘Department of Government Efficiency’ narrative could have been a deciding factor for a Trump win,” one trader said.
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices.
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass veri shows, as Trump leads in early voting.
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