NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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The Financial Times reported on Monday that World Liberty Financial (WLF), the digital asset venture associated with President Donald Trump, has successfully raised $1 billion through its token sales. Initially launched in October with a goal of selling only 20 billion WLF tokens, the decentralized finance’s (DeFi) venture token surpassed this target by selling 21 billion tokens, demonstrating...
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The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares’ Digital Asset Fund Flows Weekly Report, which reveals a historic influx of funds into the crypto market with total assets under management (AuM) now at a new...
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Chainlink (LINK) has experienced a significant surge in its price, which analysts are attributing to the additional acquisition of World Liberty Financial (WLFI) and the rumors of a brewing partnership with Cardano. Related Reading: Trader’s Hot Take: XRP Branded The ‘Biggest Meme Coin’ In Crypto Chainlink could be off to a good start as the crypto token was able to pull off a big run that...
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Ethereum, the largest altcoin by market capitalization, is trading at surprisingly low levels compared to its peers, raising concerns among investors. As the broader crypto market shows signs of strength, Ethereum’s underperformance has sparked fears that this cycle may not deliver the returns many expected from the leading altcoin. Sentiment in the market is shifting, with some...
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Crypto analyst Ali Martinez has discussed Ethereum current price action as the second largest crypto by market cap remains below $4,000. The analyst outlined some facts to give a clearer picture of whether or not it is the right time to give up on ETH. Analyst Discusses Whether It Is Time To Give Up On Ethereum In an X post, Ali Martinez outlined certain facts to determine whether it is time to...
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Donald Trump just bought over $54M worth of crypto. According to the blockchain intelligence platform Arkham, World Liberty Financial ($WLFI), a crypto project owned by Donald Trump, made the purchase just as he was sworn in as the new President of the United States. The purchase includes a variety of different tokens, such as Ethereum, Bitcoin, Tron, and Aave. Interestingly, $WLFI invested...
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Bitcoin has observed a retrace from its new all-time high after users on the major social media platforms displayed overexcitement. Bitcoin FOMO On Social Media Spiked During Recent Rally In a new post on X, the analytics firm Santiment has talked about how social media reacted to the recent Bitcoin rally to the new all-time high. Whenever volatility emerges in the market, users on these...
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Bitcoin is showing no signs of slowing down, and why would it? As Donald Trump, who is now well-known for his crypto-friendly attitude, officially joins the office of the US President, the crypto world is expecting a lot of pro-crypto administrative changes and executive government orders to be passed in the coming days. The latest all-time Bitcoin ($BTC) high of $109K is only expected to be the...
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XRP is currently trading around the $3.10 level after a weekend marked by significant volatility and a lackluster market response to President Donald Trump’s inauguration day. Hopes had been high among crypto investors that the new U.S. President would highlight pro-crypto policies in his opening speech. However, the absence of any mention of cryptocurrencies triggered short-term selling...
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The ongoing TRUMP memecoin frenzy has sparked the creation of hundreds of tokens inspired by the US president and his family. A recent report revealed malicious tokens and dApps using Donald Trump references skyrocketed since Friday, targeting unsuspected investors and non-crypto people. Related Reading: Bitcoin Struggles For Direction Post-Trump Disappointment – What Next? Trump-Themed Scams...