Crypto Market Recovery: Analyst Predicts a Two-Month Timeline Following ‘Trump Dump’
The cryptocurrency market has faced a significant setback following a record-breaking liquidation event caused by heightened trade tensions initiated by former U.S. President Donald Trump. According to prominent analyst Matthew Hyland, the market’s recovery could take no less than two months to regain its previous momentum. The Impact of the ‘Trump Dump’ The recent downturn was triggered by Trump’s directive
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Decentralization in Cryptocurrency: The Backbone of Financial Freedom
Decentralization is one of the foundational principles of cryptocurrency, distinguishing it from traditional financial systems. At its core, decentralization refers to the absence of a central authority overseeing or controlling a system. In the context of cryptocurrency, this means that transactions and operations are managed across a distributed network of computers, rather than being controlled by banks or governments. How
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Trump’s Trade War Triggers Crypto Market Crash – Bitcoin Drops 6%
The crypto market faced a sharp downturn as Trump’s new trade tariffs rattled global markets. Bitcoin fell over 6%, while Ethereum plummeted 27% to $2,135, marking its largest intraday drop since May 2021. What’s Happening? Trump’s administration is set to impose new tariffs on imports from Canada and Mexico, potentially disrupting global trade. Additionally, Trump reiterated his threat of imposing
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Tether Expands USDT to Bitcoin & Lightning Network
📢 Major Announcement: USDT is Coming to Bitcoin & Lightning Network! Tether, the issuer of the world’s largest stablecoin USDT, has officially announced plans to deploy USDT on Bitcoin’s base layer and the Lightning Network. This development, done in collaboration with Lightning Labs, marks a major milestone in Bitcoin’s evolution as a medium of exchange. Why It Matters The integration
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Trump and Powell: A Collision Course for 2025?
The economic and political dynamics between former president Donald Trump and Federal Reserve Chair Jay Powell seem to be building toward a significant clash in 2025. As Trump returns to the political stage with strong opinions on monetary policy, Powell continues to stand firm in his approach to managing the U.S. economy. At a recent Jan. 7 press conference, Trump
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Trump and Powell on Course for Potential Economic Showdown in 2025
The political and economic dynamics between former U.S. President Donald Trump and Federal Reserve Chair Jerome Powell appear to be setting the stage for a potential clash in 2025. Trump’s recent critiques of monetary policy, coupled with Powell’s cautious approach to interest rate cuts, suggest that tensions could resurface in the coming months. During a Jan. 7 press conference, Trump
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Trump Demands Lower Interest Rates, Signals Potential Clash with Fed Chair Powell
Former U.S. President Donald Trump has sparked speculation about a looming conflict with Federal Reserve Chair Jerome Powell following remarks made during his virtual address at the World Economic Forum. Trump announced his intent to “demand” an immediate reduction in interest rates, citing falling oil prices as a key factor. “With oil prices going down, I’ll demand that interest rates
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Donald Trump Pardons Silk Road Founder Ross Ulbricht
Former U.S. President Donald Trump has fulfilled a campaign promise by granting clemency to Ross Ulbricht, the creator of the infamous dark web marketplace Silk Road. Ulbricht was arrested in 2013 and charged with facilitating the trade of illegal goods, including drugs, counterfeit documents, and malware. In 2015, a New York court sentenced him to two life terms plus 40
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#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
Tesla & SpaceX CEO Elon Musk , the billionaire backer of newly minted President-elect Donald Trump , endorsed the idea of allowing presidents to intervene on Federal Reserve policy. In response to a Thursday social media post from Sen. Mike Lee, R-Utah, which called for the Fed to be under the direction of the president, Musk on Friday posted the “100”
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Elon Musk backs call to ‘#EndTheFed’ after Jerome Powell says he won’t resign early
Tesla CEO Elon Musk expressed support for an idea to give presidents more control over the Federal Reserve, which could threaten its independence. On his social-media platform X late Thursday Musk placed the “100” emoji on a retweet of a post from Sen. Mike Lee, R-Utah, that said, “The Executive Branch should be under the direction of the president. That’s
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