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Trump’s executive order shook the cryptocurrencies: what follows?

More: Ross Ulbricht’s sincere message after the pardon

GM. Why check a whole basket of headlines when we have already selected the most juicy for you? Sit, drink the good and avoid seeds.

🇺🇸 Donald Trump’s pro-described executive order.

🍋 News: Ross Ulbricht thanks Trump, Senator Elizabeth Warren has some suggestions for Elon Musk and more

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🍍 Market taste today

The Fear & Greed index continues to hug the greed in 75, while Bitcoins planning between $ 101 thousand and $ 107 thousand With just great movements.

BTC seemed He is not worried about Japan’s bank to set interest rates at his highest level in 17 years.. StrangeBecause normally, when a central bank raises rates, cryptocurrencies fall.

This time, however, people seem more interested in what Trump will do below than in increasing interest rates.

Deutsche Bank analysts They are still Alcista for this yearsince they expect regulations favorable to cryptocurrencies, greater institutional adoption and a monetary policy that is not so strict.

However, Analyst James Check says The $ 120K range – $ 150K will be the “upper cloud” for BTCand it will find it difficult to maintain any level above that.

Meanwhile, Bitcoin ETFs are on a racing of tickets. Yesterday 188.7 million dollars were raised.

Further, Blockstream was launched Two new institutional funds that provide direct exposure to their bitcoin ecosystem, including loan performance opportunities backed by Bitcoin.

So yes, the big ones can clearly not have enough.

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🥝 Memecoins harvest

Nothing humiliates you faster than a stupid currency that overcomes your carefully investigated portfolio.

Name

Change 24h

Ross Ulbricht

Ross Ulbricht pink


76.1k%

Safe moon

Safe moon Safe moon


51.6k%

Brain

Brain CBM


18.6k%

evening

evening EVENING


15.2k%

Data at 06:30 am est.

Look these memecoins and many more here.

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It all started with a half First day: Trump promoted himself as the crypto president, but did not even mention cryptocurrencies or once. Rude (but makes sense, to be honest).

Then the pardon came to Ross Ulbricht. (You know, the type of silk route that we Tea spilled a couple of days ago.).

And now? LGN, Donny T. left a little With a Executive order. Let’s break it down:

1/ without CBDC

Digital currencies of the Central Bank? Not under Trump’s command !!! 😡

And the multitude of cryptocurrencies goes crazy, because CBDC quite Allow the government to firm our transactions, which goes against the objective of cryptocurrencies.

W for decentralization!

2/ President’s working group on digital asset markets

Trump wants to gather the Figings For the regulation of cryptocurrencies, led by AI & Crypto Czar David O. Sacks.

Your goal? Prepare a federal rules book for digital assets and…

3/ A National Reserve of Digital Assets

(This is juicy, so it deserves its own number on the list).

The group Evaluate the creation of a National Digital Assets Reserve.

Important keyword: assess. Nothing is guaranteed and relax – It won’t happen tomorrow. But it is definitely a step forward.

But the keyword that Bitcoiners noticed is Digital assets. So… Is Bitcoin not special? 😔 It is not a strategy Bitcóin reserve? 😔

And people began to point their finger -mainly Vibe.

Cryptographic researcher Pierre Rochard said The company has been throw millions to politicians to block the idea of ​​an SBR.

To which the CEO of Ripple, Brad Garlinghouse He replied:

Bralinghouse Tweet 01-24

STRUGGLE! STRUGGLE! STRUGGLE! Fight! .. Uhh … Ahem … Who said that? 👀

4/ BONO: SAB 121

This was not part of the executive order, but it is still worth celebrating.

The SEC canceled the Sab 121also known as the rule that forced financial companies that have cryptocurrencies to treat them as a liability. Meaning: He caused cryptographic services to be too expensive and risky for companies.

And, by the way, we can see the impact … Morgan StanleyOne of the world’s largest banks, apparently is talking about regulators about deepening cryptocurrencies.

It is a bit wild to see that the Cryptographic regulatory environment of the USA. Make a 180 degree turn like that … And it’s just the beginning. Next stop: The moon?! 🚀🤞

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🍋 News fall

📫 The American senator Elizabeth Warren entered the Elon Musk entrance tray with suggestions on how Doge could save money. The plan? Cut out defense expenditure, solve fraud in health care and … Wait for it – Reduce tax lagoons for the rich. It sounds funny to know that Elon Musk is The rich.

🤗 Ross Ulbricht, the creator of the silk route market, thanked Donald Trump for granting a total forgiveness. “I am very, very grateful to recover my life, to recover my future, to have this second chance. This is a very important moment for me and for my whole family,” he said.

👀 John Mcafee’s widow, Janice, launched a memecoin in her honor and announced it in her old X with, “You didn’t think I would lose this cycle, right?” The crypto community applauded, until they noticed that 90% of the 100 million supply was in the hands of people with privileged information.

💭 Vitalik Buterin called the current cryptographic regulations a “new order”, where the most powerful people in the world are excited about tokens for literally anything. But he warned that they are not just a fun experiment: they are a recipe for unlimited political bribery.

😬 Cryptocurrency donations to extremist groups are falling worldwide. But in Europe the figures are increasing.

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🧃 Sip of knowledge

Obtain more information about Coinstats with the last mission of Bitdegree, “A closer look at coinstats tools”:

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🍌 Juicious memes

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