Author: Defx Intern

In a surprising turn of events, Senator Elizabeth Warren, a known crypto skeptic, has changed her stance on cryptocurrencies. At a recent hearing, Sen. Warren expressed her desire to work with the Trump administration to end the practice of debanking crypto businesses. This shift in perspective comes amidst the ongoing tariff wars between the US and China, which have significantly impacted the crypto market.

The tariff wars have led to increased volatility and potential disruptions in the crypto industry. As traditional markets face the brunt of these economic tensions, investors are turning to decentralized finance (DeFi) assets as a means to overcome regulations and engage in peer-to-peer transactions. Among the beneficiaries of this trend are promising altcoins and meme coins, such as Wall Street Pepe ($WEPE).

$WEPE has emerged as a top contender in the crypto presale space, aiming to level the playing field between small investors and institutional players. By providing token holders with access to real-time market updates, trading strategies, and a collaborative community, $WEPE seeks to empower retail investors to make informed decisions. The project has already garnered significant attention, with a crypto whale investing $200K in a single transaction.

As the presale enters its final days, $WEPE is on track to potentially become the highest-grossing meme coin presale ever. With a strong community behind it and the potential for substantial returns, $WEPE presents an attractive opportunity for investors looking to capitalize on the shifting crypto landscape.

However, it is crucial to approach any investment with caution and conduct thorough research. The crypto market is known for its volatility and inherent risks, and regulatory uncertainties persist. As the tariff wars continue to unfold and the crypto industry navigates these challenges, staying informed and adaptable will be key to success.

Tags: Senator Warren, crypto regulation, tariff wars, DeFi, altcoins, meme coins, $WEPE

Source: https://www.newsbtc.com/news/wepe-can-be-the-next-100x-altcoin-as-tariff-wars-and-senator-warren-line-up-to-help-crypto/

Gold prices have once again shattered records, edging closer to the psychological barrier of $3,000 per ounce. This surge comes amidst heightened geopolitical tensions and a rush by investors to seek refuge in tangible assets. The movement of physical gold into COMEX vaults further underscores the growing demand for the precious metal as a safe haven.

The current geopolitical landscape has created an environment of uncertainty, prompting investors to diversify their portfolios with gold. As tensions escalate and economic stability remains fragile, the allure of gold as a hedge against market volatility has never been stronger. The influx of physical gold into COMEX vaults is a clear indication of the shifting sentiment among investors, who are increasingly prioritizing wealth preservation over speculative gains.

The implications of gold’s record-breaking performance are far-reaching. As the metal continues to attract investment, it may divert capital away from other asset classes, including cryptocurrencies. However, the correlation between gold and Bitcoin has been a topic of debate, with some arguing that the two can coexist as complementary stores of value. As the global financial landscape evolves, it remains to be seen how the interplay between traditional safe-haven assets and emerging digital currencies will unfold.

From a technical perspective, gold’s bullish momentum shows no signs of abating. With prices comfortably above key support levels and the $3,000 mark within reach, the path of least resistance appears to be upward. However, investors should remain vigilant for potential profit-taking and short-term corrections, as the market digests the rapid price appreciation.

Tags: gold prices, safe-haven assets, geopolitical tensions, COMEX, market volatility

Source: https://news.bitcoin.com/gold-prices-break-2900-as-the-west-takes-cover-from-tariff-turmoil/

Standard Chartered predicts Bitcoin could reach $200,000 by the end of 2025, driven by reduced volatility, improved access under the pro-crypto Trump administration, and growing corporate adoption. The banking group believes key factors such as the SAB21 reversal, FASB’s accounting changes, and the proposed Bitcoin Act 2024 are paving the way for Bitcoin’s ascent.

With Bitcoin’s strengthening fundamentals, it’s an opportune time for investors to consider diversifying their portfolios with promising altcoins and presale tokens. Projects like Solaxy ($SOLX), Best Wallet Token ($BEST), and MIND of Pepe ($MIND) are well-positioned to capitalize on the anticipated crypto market growth.

As the crypto industry matures, tokenization of real-world assets through platforms like Rexas Finance ($RXS) is set to gain traction. This trend, coupled with the potential for Bitcoin to surge past $500,000 by 2028 under a crypto-friendly political environment, paints a bullish picture for the future of cryptocurrencies.

However, it’s crucial for investors to exercise caution and conduct thorough research before making investment decisions. The crypto market is known for its volatility, and while the potential for substantial gains exists, so does the risk of losses.

Tags: Bitcoin price prediction, crypto market analysis, altcoin investing, tokenization, crypto regulation

Source: https://www.newsbtc.com/news/best-presales-to-buy-as-bitcoin-aims-for-200k-in-2025-can-corporate-hype-push-a-bull-run/

The US is set to overhaul its crypto regulations under the new SEC leadership of pro-crypto Mark Uyeda, replacing Gary Gensler’s restrictive approach. House Financial Services Committee chair French Hill recently outlined plans for a major shakeup of the US crypto rules, aiming to promote technological innovation and broader crypto adoption among retail and institutional investors.

The proposed reforms include revamping regulations to provide clarity and collaborating with the executive branch to align priorities. President Trump has also signed an executive order to create an American sovereign wealth fund, which is likely to include Bitcoin and altcoins, potentially reducing the national debt significantly over time.

Clear regulations and governmental support could drive the growth of utility-focused crypto projects like Solaxy ($SOLX), which aims to solve Solana’s congestion issues and enhance cross-chain transfers between Solana and Ethereum. As the regulatory landscape improves, projects that focus on real utility and infrastructure improvement may be particularly well-positioned for success.

However, it is essential to remember that any crypto project is susceptible to external factors such as macroeconomic conditions and regulatory changes. As always, thorough research, diversification, and risk management are crucial when investing in the crypto market.

Tags: US crypto regulations, SEC, crypto adoption, Solaxy, Solana

Source: https://bitcoinist.com/us-to-ditch-genslers-crypto-regulations-can-solaxy-soar/

Despite the initial hype surrounding El Salvador’s adoption of Bitcoin as legal tender, the use of cryptocurrencies for remittances to the country has consistently accounted for less than 1% of the total share since October 2024, according to data from the Reserve Bank of El Salvador.

This lackluster adoption suggests that the promise of crypto remittances, touted as one of the main use cases for promoting Bitcoin worldwide, has failed to materialize in El Salvador. The country’s bold move to embrace cryptocurrency appears to have had little impact on the traditional remittance industry.

The low uptake of crypto remittances in El Salvador raises questions about the viability of this use case in other countries. It highlights the challenges in convincing the general population to switch from established, trusted remittance methods to newer, more volatile cryptocurrency options.

For the cryptocurrency market, this news may dampen enthusiasm around the potential for crypto to disrupt the global remittance industry. It suggests that significant barriers to adoption still exist, even in countries that have taken a proactive stance towards cryptocurrency integration.

Moving forward, proponents of crypto remittances will need to address the concerns of users, such as the complexity of using cryptocurrency, the volatility of prices, and the lack of widespread acceptance by merchants. Without tackling these issues, it may be difficult for crypto remittances to gain significant traction in the near future.

Tags: El Salvador, crypto remittances, Bitcoin adoption, cryptocurrency, market impact

Source: https://news.bitcoin.com/crypto-remittances-fail-to-gain-momentum-in-el-salvador/

Despite recent market corrections, Bitcoin (BTC) has demonstrated resilience by maintaining its position near the crucial $100,000 level. While some analysts predict sideways movement in the short term, others believe that reclaiming key levels could trigger the next leg up for the flagship cryptocurrency.

Bitcoin’s volatility has been relatively low compared to the beginning of 2024, with corrections becoming less severe over time. This trend is attributed to increased mainstream recognition, institutional adoption, and growing confidence in the sector. As a result, Bitcoin’s price has been steadily climbing higher throughout this cycle.

Technical analysis suggests that Bitcoin’s current behavior resembles that of Q1 2024, which preceded a breakout to new all-time highs. If history repeats itself, a price takeoff could be on the horizon. However, analysts emphasize the importance of breaking and holding above the $100,000 level before any significant price movement can occur.

The demand for Bitcoin remains strong, especially during times of uncertainty, indicating that institutions are primarily driving the current bull run rather than retail investors. This shift in market dynamics could contribute to a more sustainable and stable growth trajectory for the leading cryptocurrency.

As Bitcoin continues to navigate market shakeouts and consolidate near key levels, investors and traders should keep a close eye on the $100,000 threshold. A decisive break above this level could open the doors for further upside potential and solidify Bitcoin’s position as a mature and resilient asset class.

Tags: Bitcoin, BTC, Crypto Market, Technical Analysis, Price Prediction

Source: https://www.newsbtc.com/news/bitcoin/bitcoin-volatility-relatively-low-despite-market-shakeouts-analysts-eye-this-crucial-level/

Conor Grogram, head of product business operations at Coinbase, has uncovered evidence suggesting that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, may have used Cavirtex, an early Canadian bitcoin exchange. Grogram’s on-chain analysis revealed that a wallet believed to belong to Satoshi interacted with the now-defunct exchange, which was later acquired by Coinsetter in 2015 and subsequently by Kraken in 2016.

This discovery sheds new light on the mysterious figure behind Bitcoin and raises questions about Satoshi’s potential ties to Canada. If confirmed, this information could provide valuable insights into the early days of Bitcoin and its creator’s activities. The use of a Canadian exchange may also hint at Satoshi’s geographical location or affiliations during the early stages of Bitcoin’s development.

The revelation of Satoshi’s potential connection to Cavirtex is likely to spark renewed interest in the enigmatic creator’s identity and background. As the crypto community continues to speculate about Satoshi’s true identity, this new piece of evidence adds an intriguing layer to the ongoing mystery. However, it is crucial to approach this information with caution, as the evidence, while compelling, is not definitive proof of Satoshi’s actions or whereabouts.

From a market perspective, this news may have limited impact on Bitcoin’s price or overall market sentiment. Nevertheless, it serves as a reminder of the fascination surrounding Satoshi Nakamoto and the enduring enigma of Bitcoin’s origins. As more clues emerge about Satoshi’s activities and potential ties to various entities, the crypto community will undoubtedly continue to explore and analyze every lead in the quest to unravel the mystery behind Bitcoin’s creation.

Tags: Satoshi Nakamoto, Bitcoin, Cavirtex, Canadian Exchange, Coinbase

Source: https://news.bitcoin.com/satoshi-may-have-used-a-canadian-bitcoin-exchange/

Despite recent market turbulence and significant price declines, popular memecoins Shiba Inu (SHIB) and Dogecoin (DOGE) could be on the verge of a major comeback, according to well-known analyst Javon Marks.

Marks, who shares his insights on Elon Musk’s social media platform X, has highlighted several technical signals that suggest a bullish continuation for both SHIB and DOGE. For Shiba Inu, he notes that the memecoin has already broken out of a larger resistance trend, setting a potential target of $0.000081. Furthermore, recent price dips have been met with substantial buyer activity, indicating strong support and potential for a sentiment shift back towards a bullish stance.

If these conditions persist, Marks believes SHIB could eventually reach a higher target of $0.0001553, representing a significant gain from its current price. In the case of Dogecoin, the analyst points out that DOGE has shown a strong breakout response, with recent price action suggesting a potential climb to $0.6533. Should DOGE surpass this level, Marks suggests a higher target of $1.25111 could come into play.

While the broader crypto market remains in a downturn, these predictions offer a glimmer of hope for SHIB and DOGE holders. As always, it’s crucial for investors to exercise caution and conduct thorough research before making any investment decisions. The memecoin market is notoriously volatile, and while technical analysis can provide valuable insights, it’s just one piece of the puzzle.

Tags: Shiba Inu, Dogecoin, memecoins, crypto market, price predictions

Source: https://www.newsbtc.com/meme-coins/shiba-inu-and-dogecoin-could-be-poised-for-a-major-comeback-heres-why/

Erik Voorhees’s Venice token, a crypto AI project, has been accused of insider pump and dump activity. Onchain data analyzed by Amir Ormu from Castle Labs reveals that a group of alleged insiders sold $10.2 million worth of Venice tokens immediately after the project’s launch, raising suspicions of manipulation.

The sudden and significant sell-off by insiders suggests that they may have taken advantage of their early access to the tokens to make quick profits at the expense of other investors. This behavior undermines the integrity of the project and erodes trust within the crypto community.

If the allegations prove to be true, it could have serious implications for the Venice token and the broader AI crypto market. Investors may become more cautious and skeptical of similar projects, leading to reduced investment and slower growth in this sector. Additionally, regulators may take a closer look at such incidents, potentially leading to stricter oversight and compliance requirements for crypto AI projects.

The Venice token incident also highlights the importance of transparent and fair token distribution mechanisms. Projects should strive to ensure that insider trading and manipulation are minimized through proper vesting schedules, lock-up periods, and clear communication with the community.

As the investigation into the Venice token allegations unfolds, it will be crucial for the crypto AI industry to learn from this experience and work towards establishing best practices that promote trust, transparency, and long-term sustainability.

Tags: Venice token, insider trading, pump and dump, crypto AI, market manipulation

Source: https://news.bitcoin.com/erik-voorheess-venice-token-faces-pump-and-dump-allegations/

Solana (SOL) has demonstrated an extraordinary performance in the fourth quarter of 2024, with Messari reporting a staggering 213% quarter-over-quarter growth in total app revenue, reaching an impressive $840 million. This surge positions Solana as a strong contender in the blockchain industry, potentially marking the best quarter for any blockchain in history.

The remarkable growth in app revenue can be attributed to the success of leading applications like Pump.fun and Photon, as well as renewed interest in memecoins and AI-related cryptocurrencies. Solana’s DeFi ecosystem also experienced significant growth, with total value locked (TVL) increasing by 64% to $8.6 billion, surpassing Tron to become the second-largest DeFi network.

Solana’s ecosystem growth is further supported by the rise in liquid staking rate, indicating a thriving yield-bearing SOL environment. The NFT market also saw modest gains, with Tensor dominating the space. Network activity metrics reflected robust engagement, with substantial increases in daily fee payers and transactions.

Despite the overall positive performance, SOL’s price has experienced a 22% decline over the last two weeks, trading at $199 amid macroeconomic challenges affecting risk assets. However, the underlying fundamentals of the Solana ecosystem remain strong, with the potential for continued growth and adoption in the future.

As Solana continues to establish itself as a major player in the blockchain industry, investors and developers alike will be closely monitoring its progress. The record-breaking app revenue and ecosystem growth in Q4 2024 demonstrate Solana’s ability to attract and retain users, setting the stage for further expansion and innovation in the coming quarters.

Tags: Solana, SOL, DeFi, NFT, blockchain, crypto

Source: https://www.newsbtc.com/news/solana/solana-metrics-surge-total-app-revenue-climbs-to-840m-in-record-breaking-quarter/