allenor7ia

@allenor7ia

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385 Followers

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Got a new dog, it's so cute!

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Seriously need to lose weight. Clown emoji. Even sucking in hard on an empty stomach and still got this belly. At least the chest gains are real.

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Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.

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The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.

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Campaign contributions also played a major role in the GOP’s shift toward pro-crypto policies, said the CEO, adding that it was a hard truth that financial contributions often dictate how much a particular constituency is heard by elected lawmakers.

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Yet stablecoin issuers are fighting back. Tether, for instance, has frozen hundreds of addresses tied to illicit activity, forcing criminals to seek alternatives. Some have turned to Monero, privacy wallets and DeFi-based laundering schemes.

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Today in crypto, as the market sell-off continues, CryptoQuant CEO Ki Young Ju has predicted a selective altcoin season in 2025, where ETF approvals and strong fundamentals will help determine the winners. Elsewhere, Bitcoin and the broader markets slumped as US President Donald Trump said the tariffs aimed at Canada and Mexico are “on schedule,” and the US Securities and Exchange Commission’s task force has continued discussions with crypto firms over digital assets regulation.

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Taking the $55 billion figure saved in the first 30 days of Trump’s administration at face value, DOGE would seem well on its way to meeting the $2 trillion target, but some have doubted whether the organization is accurately reporting how much it has cut.

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The idea for a “DOGE dividend” initially came from James Fishback, CEO of investment firm Azoria — a reported outside adviser to DOGE who floated the idea on X. The plan, which Musk said he would show to the president, would divide the $2 trillion by the roughly “79 million tax-paying households” that are “net payers” of income tax, resulting in a roughly $5,000 dividend per household.

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Musk says that he can cut some $2 trillion overall in federal spending from the federal budget at a clip of $4 billion per day. So far, the agency reports to have cut some $55 billion.

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Musk wasted no time after the temporary committee’s founding in identifying and cutting areas he believed to be wasteful in the federal government.

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Bitcoin is set for a “local top” above $110,000 in January before an “interim peak in liquidity” may lead to a deeper correction, according to Raoul Pal, founder and CEO of Global Macro Investor. Pal shared his analysis in a Nov. 29 X post.

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However, the $36 trillion US debt ceiling recently flashed a critical warning sign for Bitcoin liquidity, which may experience a temporary correction to $70,000 before the next leg up in the market cycle.

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The report estimates that the IPOs could increase valuations by 50% to 100% compared to their previous private funding rounds, potentially reaching a combined valuation of $100 billion to $150 billion:

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Bitcoin’s price is tied to “financial gamesmanship,” illustrated by the “significant effort made to inflate Bitcoin’s value leading up to Coinbase’s IPO in April 2021,” the report stated, adding:

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At least 10 large crypto firms are planning to go public in 2025 with a total combined valuation of over $73.9 billion.

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Multiple high-profile crypto firms plan to go public through an IPO, which creates a “clear incentive to keep Bitcoin prices elevated,” 10x stated.

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Combined with the upcoming almost $100 billion of IPOs from crypto firms, these factors may create conditions for Bitcoin’s next significant price breakout, the report added.

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Shares in chip maker Nvidia closed down nearly 17% on Jan. 27, wiping out almost $600 billion in value — the largest one-day value drop in US stock market history — triggered by panic over Chinese AI firm DeepSeek’s latest model, which rivals OpenAI’s ChatGPT.

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Bitcoin prices may see a boost from Nvidia’s massive valuation drop and a pipeline of Initial Public Offerings (IPOs) from prominent cryptocurrency firms, analysts suggest.

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