Democrats are increasingly zeroing in on the president’s private crypto dealings as a means to critique his second term.
According to cryptocurrency onchain data, the BSC Foundation, affiliated with BNB Chain, founded by Binance, made notable purchases in several altcoins. According to the data, the BSC Foundation purchased $25,000 worth of each of MYX, BANK, LISTA, and GM tokens in five minutes. Although the amounts are small, the symbolic significance of these purchases could be significant. Of the purchased tokens, GM's market value is $8.4 million and MYX's market value is $6.38 million (pre-purchase market values). With this move, these two tokens became the two altcoins with the smallest market value in the foundation's possession. Related News: Following Record Highs in Bitcoin, US Crypto Chief David Sacks Makes Critical Statements When the other assets held by the foundation are examined, the wallet where the purchases were made currently contains $492,000 worth of altcoins. Among these, SKYAI has the largest share with $134,000. Other tokens held include $44k worth of TST, $40k worth of MUBARAK, and $26k worth of CGPT. *This is not investment advice. Continue Reading: Watch Out: Binance’s Altcoin Network BNB Chain Foundation Has Purchased These 4 Altcoins
XRP’s recent breakout rally is encountering hurdles as whale activities and increased exchange flows indicate potential short-term distribution risks. Whale inflows and rising spot exchange netflows hint at possible short-term
U.S. stocks ended mixed Thursday as markets digested the House’s narrow approval of President Trump’s massive tax-and-spending package. The S&P 500 dipped 0.04%, the Dow Jones Industrial Average was flat, and the Nasdaq Composite rose 0.28%. The legislation—projected by the Congressional Budget Office to add nearly $4 trillion to the federal deficit—includes sweeping tax cuts and increased military spending. It passed the House by a single vote after last-minute revisions, including expanded deductions for state and local taxes, aimed at swaying conservative lawmakers. The bill now heads to the Senate. Another spike in Treasury yields tempered investor sentiment. The 30-year bond briefly rose above 5.16%—its highest level since 2023—before easing. The benchmark 10-year yield also pulled back slightly to 4.55%. Analysts said weak demand at Wednesday’s 20-year bond auction fueled the earlier sell-off in Treasurys, while concerns about debt sustainability persist. “Short term, the tax bill is good for the economy,” said Argent Capital’s Jed Ellerbroek. “But in the longer term, it adds to the deficit, and that’s bad for markets.” You might also like: CFTC’s Mersinger says crypto perpetual futures could trade in U.S. Bitcoin keeps hitting all-time highs Bitcoin ( BTC ) extended its massive rally, trading above $111,000, amid optimism over Senate progress on stablecoin regulation and anticipation surrounding a Trump donor event attended by major crypto holders. Bitcoin’s rally sparked limited excitement among derivatives traders compared to past bull runs. Analysts noted that spot market demand, not speculation, drove the gains, with long/short ratios and liquidations indicating moderate bullish sentiment. You might also like: RichMiner launches BTC income plan, promises 5–18% annual yield
The Bitcoin options market is experiencing unprecedented activity, rivaling late November levels as the asset approaches a record high of $112,000. This surge in options participation has resulted in open
XRP’s breakout rally is now challenged by whale activity and rising exchange flows.
Three lesser-known cryptocurrencies are catching the eyes of traders due to impressive recent gains. HYPE , WLD , and POL are showing considerable upward momentum. Observers believe these digital assets might have even more growth potential ahead. This article will explore what’s driving their recent strength and why they could be the next big opportunities in the crypto market. Uptrending Hyperliquid: Recent Gains Signal Altcoin Momentum Hyperliquid saw significant gains over the last month with a 68% increase and an impressive 207% rise over the past six months. Price action has been dynamic, characterized by rapid upward shifts that boosted investor confidence. The coin’s performance suggests strong momentum and a vibrant market environment that has allowed prices to surge notably in relatively short periods. The current trading range between $12.83 and $23.67 shows bulls in control, but nearby resistance at $27.33 and a further barrier at $38.17 highlight caution. With key support near $5.64, traders could explore long positions within these levels while remaining vigilant for potential pullbacks as the market balances bullish energy with overbought conditions. Worldcoin Price Rally: Short-Term Surge Versus Long-Term Slide Worldcoin climbed sharply over the last month with a 64.41% gain, while a 6-month decline of 44.22% speaks to recent recoveries amid broader struggles. Price action over these periods shows strong short-term momentum against a challenging long-term backdrop. Recent swings indicate market volatility and rapid recoveries, reflecting the coin's sensitivity to current sentiment. Current pricing sits between $0.71 and $1.40, with a clear support level around $0.30 and resistance near $1.67. The market lacks a clear trend as bullish bursts fight through lingering bearish pressure. Trading near support levels with caution and targeting resistance areas could prove advantageous in the near term. Uptrend Potential Amid Mixed Recent Performance Over the past month, POL showed a notable 25 percent rise after a near-stable week with a slight drop of 0.12 percent. Over the last six months, however, the coin experienced a steep decline of nearly 50 percent, reflecting a volatile market period. A combination of sudden gains and extended losses has shaped its course, demonstrating a market that can quickly swing between optimism and caution. The coin currently trades between 17 and 29 cents with a key support level near 10 cents and resistance around 33 cents, along with a secondary resistance at 45 cents. RSI at 56 hints at balanced momentum while bulls have pushed for gains in the short term. Traders might look to buy near support and consider taking profits as pressures near the 33-cent barrier. Conclusion HYPE , WLD , and POL have displayed strong potential and upward momentum. Their recent performance suggests that they are gaining investor confidence. Continued strength in these coins may lead to even stronger upside movement. Traders and investors might benefit from paying close attention to their developments. Monitoring the progress and news surrounding HYPE, WLD, and POL could prove valuable. Their market performance indicates a promising trend. These factors collectively highlight the opportunity they present in the current market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities and Investments Commission (ASIC) has announced that it will seek special leave
An influx of participation in the Bitcoin options market rivaled levels seen in late November.
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