In Brief On June 21, the team behind the Solana-based TRUMP meme coin transferred $32.8 million worth of the tokens to Binance. Lookonchain reported that this forms part of a broader pattern involving over $150 million in exchange deposits since April. These large, repeated transfers have raised market concerns and has contributed to a 90%…
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In Brief President Trump is reportedly considering Treasury Secretary Scott Bessent as a potential replacement for Jerome Powell as Fed Chair. Trump has expressed dissatisfaction with Powell’s interest rate policies and has threatened to fire him despite term limits. Legal hurdles might prevent Trump from directly firing Powell, making the potential replacement a complex issue…
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In Brief TRUMP surged 15% over the past week, nearing $14.53 resistance; breaking this could push the price toward $17.14 or higher. The US-UK trade deal and ongoing talks with China have fueled optimism for TRUMP, but short-term geopolitical news may limit long-term momentum. If TRUMP fails to hold $13.36 support, the price could drop…
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In Brief The US now controls 75.4% of global Bitcoin mining, overtaking China’s previous dominance. Despite a crypto ban, sources report that China still holds 15% of global Bitcoin hashrate, with its infrastructure intact. China may adjust its crypto policies, balancing de-dollarization efforts with its long-standing anti-crypto stance. A recent Cambridge report confirms that the…
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In Brief TMTG is exploring a utility token as part of its strategy to enhance the Truth+ platform and diversify revenue streams. The utility token will initially be used for Truth+ subscriptions, with plans for broader integration within the Truth ecosystem. TMTG’s broader efforts include new programming, advertising, a rewards program, and blockchain investments. Trump…
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In Brief TRUMP plummeted 20% in 24 hours, with its market cap dropping to $2.4 billion and trading volume down over 50%. RSI dropped to 40.1 from 74.7, signaling a shift from overbought conditions to weakening demand and bearish momentum. BBTrend at -6.18 confirms bearish strength, but the White House Crypto Summit on March 7…
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In Brief TRUMP hit a monthly low of $11.07, with bearish sentiment keeping the price below key resistance at $14.48. The Chaikin Money Flow (CMF) shows weakening investor confidence, with outflows increasing and no signs of strong accumulation. If TRUMP fails to hold $11.07, it could drop below $10.00, but a broader market recovery could…
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In Brief TRUMP and MAGA tokens spiked after Trump’s public clash with Zelensky, despite MAGA’s lack of official ties to him. MAGA surged 8.5%, showing meme coin traders’ tendency to react emotionally to political events. The surge raises concerns about political meme coins, echoing fears of potential market manipulation or scams. After Donald Trump got…
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In Brief President Trump’s project announces an airdrop of TRUMP meme coins for customers who purchased official Trump merchandise. Eligible products for the airdrop include Trump-branded items like sneakers, watches, and fragrances, with a claim deadline of March 1, 2025. The TRUMP meme coin’s value has struggled recently, with a 77.6% drop from its all-time…
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In Brief TRUMP price jumps 10% in 24 hours but remains below key resistance levels amid bearish pressure. RSI recovers from oversold levels, but BBTrend stays negative, signaling lingering downside risks. TRUMP eyes $24.58 resistance as momentum builds, but failure to break higher could trigger a correction. TRUMP price is up roughly 10% in the…
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