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Donald Trump Election Creates Over 11,000 New Bitcoin Millionaires

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In what was a historic 2024 presidential election, Donald Trump’s victory has created more than 11,000 Bitcoin millionaires. Indeed, Trump’s return to the White House has been a massive moment for the leading cryptocurrency and the industry as a whole. Shortly after his victory was assured, BTC surged to a $75,000 all-time high. That has undoubtedly benefitted Bitcoin holders in a massive way. Moreover, the surge in value has continued what has already been an immensely positive year for the cryptocurrency industry. The impact of Trump on the sector can be easily seen in the overwhelming surge in Bitcoin millionaires. Also Read: Bitcoin, Dogecoin, Solana Pump Double-Digits as Trump Wins Presidency Bitcoin Holders Thrive as Trump Emerges Victorious in 2024 Election There is little argument to be made against the fact that 2024 has been the greatest year in Bitcoin’s history. The asset started the year as the first crypto-based ETF in the US. Thereafter, it surged to a record price just
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Pepe Price Prediction: PEPE Pumps 15% As This Layer-2 Alternative Closes On $25 Million

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The Pepe price surged 15% in the last 24 hours to trade at $0.000009520 as of 00:29 a.m. EST on trading volume that skyrocketed 86% to $2.2 billion. This comes as the meme coin space jumped 24% to reach a $74.4 billion market capitalization after Bitcoin hit a new all-time high on expectations that Donald Trump will win the US election. Other leading meme coins also recorded massive gains, with DOGE leaping 24.5%, SHIB soaring 10.7%, and WIF surging 6.6%. Pepe Price Poised For A Breakout The Pepe price has declined since May after it hit its all-time high of $0.00001717. However, the $0.0000080 acted as a major support level, which allowed the price of Pepe to trade within a descending triangle pattern, according to data from GeckoTerminal . The PEPE price now aims for a breakout, as it trades within the triangle’s upper boundary. PEPE now trades slightly above the 50-day Simple Moving Average (SMA), which shows that the Pepe price is currently building momentum. A positive traj
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Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors

Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025 Defunct crypto exchange Mt. Gox has moved another $2.19 billion to two unmarked wallets, according to data from blockchain analytics firm Arkham Intelligence. Of the $2.19 billion, 30,371 Bitcoin was transferred to wallet 1FG2C…Rveoy. The extra 2,000 Bitcoin was sent to a cold wallet before being transferred to wallet 15gNRV…Aok. According to data from Arkham, the movement of Bitcoin comes five days after the exchange moved 500 Bitcoin worth over $35 million. It’s one of the largest movements the exchange has made this year. In May, it was reported that Mt. Gox had transferred over $9 billion worth of Bitcoin to a new wallet. In July, the platform moved a further $2.8 billion. In both of these instances, it was thought Mt Go
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Amazon: Jeff Bezos Sells $3B Worth of AMZN Stock

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In a rather surprising development for the company, Jeff Bezos has sold $3 billion worth of his position in Amazon (AMZN) stock. Indeed, the founder of the e-commerce titan has reduced his stake in the company, with him now selling a total of $13 billion worth of the stock throughout 2024. The move is rather surprising considering the dominant position that Amazon currently finds itself. The company has been thriving in the AI and cloud-based computing sectors, which have enjoyed increased demand this year. Moreover, it is projected to continue growing in value with a positive trajectory forming for 2025. Source: CNBC Also Read: Amazon Stock up 7% as AI Growth Drives AMZN Surge Amazon Founder Dumps Stock: Bezos Offloads $13 Billion in 2024 There are few companies better positioned to take advantage of current stock market trends than Amazon. It has seen its Amazon Web Services (AWS) business become one of its primary functions. Moreover, its foray into AI has been a success to this poi
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Election Week Analysis: Volatility in Gold, Bitcoin, and USD Trends

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The financial markets are watching Gold, Bitcoin, and US dollar movements closely before the November 5 presidential election. October’s employment report showed only 12,000 new jobs instead of the expected 106,000, and the unemployment rate stayed at 4.1%. These mixed signals have caused sharp price movements across key assets. Also Read: 750 Convenience Stores in the US Accept Cryptocurrencies & Stablecoins Market Volatility During Election Week: Gold, Bitcoin, and USD Insights Gold Technical Patterns Signal Correction Gold has hit resistance at $2,790. Technical signs show a likely price correction coming. Gold moves inside an ascending channel. The support level sits at $2,690. The price pulled back from high levels after Friday’s jobs report. RSI readings suggest the metal is oversold. The channel pattern remains strong, indicating a key time for watching the gold trends. Also Read: How High Bitcoin(BTC) May Pump If Trump Wins The US Elections? Bitcoin’s Price Action at Critic
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Expert warns Bitcoin ‘will witness the biggest crash in years’ after bull trap

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A cryptocurrency trading expert is warning that Bitcoin (BTC) might be preparing for a major crash following a deceptive rally in which the asset failed to reclaim its previous record high.  This outlook comes as Bitcoin continues to consolidate below the $70,000 resistance. Alan Santana observed that Bitcoin is flashing warning signs after showing a rare pattern of five consecutive red days, a movement that hasn’t occurred since May 2023, as he noted in a TradingView post on November 3. Picks for you Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel 1 hour ago Prediction markets don't trust election survey polls; Favor Trump over Harris 3 hours ago
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2 cryptocurrencies to reach 100 billion market cap by year-end

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The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000. Despite the recovery, caution remains, as many investors await clearer signals before making decisive moves. Amid this market movement, several altcoins are inching closer to significant milestones, with the $100 billion market cap threshold in sight.  Picks for you Here’s what awaits gold after the U.S. presidential elections 3 hours ago Ripple v. SEC case update: November 1, 2024 3 hours ago Analyst reveals when to catch the next buying opportunity for Bitcoin 3 hour
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Dogecoin price set for ‘parabolic move’, according to analyst

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Currently priced at $0.1622 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.  Over the past year, Dogecoin has outpaced Bitcoin and Ethereum with an impressive 129% gain, outperforming 69% of the top 100 crypto assets by market capitalization. DOGE 1-day price chart. Source: CoinMarketCap The meme coin’s bullish setup has become the talk of analysts and traders, fueled by strong technical indicators. Trading above its 200-day simple moving average—a key level that often signals sustained momentum—DOGE has shown resilience with 19 green days out of the past 30.  Picks for you Gold price prediction for 2025 19 hours ago Nexo announces a major rebrand as
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Crypto Myths Busted: Uncovering the Truth

Crypto Myths Busted: Uncovering the Truth! Cryptocurrency is one of the most talked-about topics in finance, tech, and investment, yet it’s also one of the most misunderstood. With so much information — and misinformation — out there, it’s easy to get lost in myths. This article will separate the facts from the fiction to help you navigate the world of crypto with a clearer understanding. Here, we’ll bust some of the most persistent myths about cryptocurrency and reveal the truth behind them. Myth #1: Cryptocurrency is Only Used for Illegal Activities The Reality While it’s true that cryptocurrency has been used in illegal transactions, it’s hardly the primary use. A vast majority of crypto transactions are completely legitimate, ranging from online purchases and remittances to investments and decentralized finance (DeFi) activities. According to blockchain analytics, only a small fraction (less than 1%) of all crypto transactions are associated with illicit activity. Blockchain techn
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NFT Sales Increase In October, Up By +10% From September 2024

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The global non-fungible token market has been a rollercoaster in the past several months, with its highs and lows often making headlines. As crypto markets turn bullish, the non-fungible token market has also started to join the wave, with trading sales volume surpassing the $340 million mark in October 2024. During this time, NFT trading sales volumes have grown by an impressive +10%, indicating a notable comeback. NFT Sales Surge +10% In October 2024 Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by billionaire Mark Cuban, indicates that this month’s non-fungible token market has slightly surged in trading sales volume. In the past 30 days, the NFT market has amassed a trading sales volume of $347 million, representing a +10% surge from the past month. In September 2024, the global NFT market sales fell over 40% to $303 million, marking the lowest trading sales since October 2023. Ethereum, th
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