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Historic Week for the Crypto Industry as Trump Steps into Office: Your Crypto Recap

It’s been a historic week in the cryptocurrency market! Even though the prices don’t exactly reflect it on a seven-day scale, a lot has happened on the macro level that could pave the way for a longer-term progress that was much-desired. That said, the total crypto market cap currently sits at around $3.8 trillion, but let’s take it one step at a time. The very first thing that happened at the beginning of the week was Donald Trump taking the oath of office and stepping into his position as the 47th president of the United States of America. This unchained a series of events that could provide for a long-lasting impact on the industry. Right off the get-go, Trump signed an executive order, which, among other things, established a working group on Digital Asset Markets with the purpose of exploring the merits of creating a strategic national cryptocurrency stockpile. Now, some clarifications are in order. Many expected Trump to focus on Bitcoin and to actually mandate the government to consider buying it for its national reserves. Whereas in reality, the order only talked about not selling the crypto that the country has confiscated. Nonetheless, the order in question also aims to prohibit the creation and further usage of central bank digital currencies to prevent a potential dispute to the dollar’s hegemony. Also, the document outlines the necessity for for easy access for individuals and crypto companies to the country’s banking system, effectively putting a halt on operation Chokepoint 2.0. That said, Trump also appointed an interim Chairman to the Securities and Exchange Commission – Mark Uyeda. They also established a task force headed by Commissioner Hester Peirce (a.k.a Crypto Mom) to work on creating a fair and transparent framework for digital assets. All in all, it was a very good week in terms of crypto fundamentals, not so much as for the price as most of the coins are charting losses with the exception of BTC, which is up by around 2%. Market Data Source: Quantify Crypto Market Cap: $3.801T | 24H Vol: $213B | BTC Dominance: 55.3% BTC: $106,100 (+2%) | ETH: $3,397 (-0.7% ) | XRP: $3.16 (-1.3%) This Week’s Crypto Headlines You Can’t Miss Trump Signs Executive Order To Consider National Digital Asset Stockpile: Report . Arguably, the biggest news in the cryptocurrency space this week came on Thursday night when the new US President signed an executive order to review the creation of a ‘National Digital Asset Stockpile.’ This, alongside Senator Cynthia Lummis’ election to chair the Senate Banking Subcommittee on Digita Assets, prompted Changpeng Zhao to claim that the BTC reserve is ‘pretty much confirmed.’ Donald Trump Pardons Silk Road Creator Ross Ulbricht . President Trump seems to be keeping up his promises, at least for now, as he officially pardoned Ross Ulbricht, the controversial founder of the notorious Silk Road. The developer spent roughly a decade behind bars as he was convicted in May 2015 on seven charges and received two life sentences plus 40 years without the possibility of parole. SEC Revokes SAB 121, Paving the Way for Banks to Hold Crypto . More favorable news from the new US administration toward crypto came with a substantial change within the Securities and Exchange Commission. A new policy, called SAB 122, overturned the controversial SAB 121, which essentially blocked banks from holding crypto assets. Trump Names Uyeda and Pham as Interim SEC and CFTC Leaders . The changes within the two top US financial watchdogs – CFTC and SEC – began with the appointment of Mark Uyeda as the latter’s interim Chair and Caroline Pham to spearhead the former until permanent leaders are voted in. Trump Downplays Meme Coin Profits in First Statement After Launch . The crypto space was rocked in the past week by the launch of two official meme coins by the US President and the First Lady. The consecutive token releases during the weekend sent shockwaves throughout the market, but Trump downplayed the profits when he finally addressed the assets publicly. Here’s What CryptoQuant’s IBCI Signals for Bitcoin’s Next Move . Bitcoin went on a wild ride this week, from a brief slip below $100,000 to a new all-time high above $109,000 on inauguration day. Since then, the asset has calmed and stands a few grand from that peak. However, there are some warning signs that this bull run could come to an end soon or at least be paused for a while. Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana – click here for the complete price analysis. The post Historic Week for the Crypto Industry as Trump Steps into Office: Your Crypto Recap appeared first on CryptoPotato . The Defiant

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WallitIQ (WLTQ) Surges Past 50% Presale Completion – Why Analysts Predict A 35,000% ROI By 2025

The post WallitIQ (WLTQ) Surges Past 50% Presale Completion – Why Analysts Predict A 35,000% ROI By 2025 appeared first on Coinpedia Fintech News WallitIQ (WLTQ) has emerged as a standout revolutionary altcoin in the DeFi space, making huge strides in its presale phase. With over half its presale tokens already sold, crypto analysts forecast a potential 35,000% ROI by 2025. The presale low-entry price of $0.0420 is a discounted price that presents huge returns potential for early investors. With the platform’s mission to onboard the next billion users, investing in its presale now could be your best investment decision as analysts project 35,000% ROI in 2025. Why Analysts Predict 35,000% ROI for WallitIQ (WLTQ) in 2025 as Its Presale Reaches 50% Milestone Analysts predict a 35,000% ROI for WallitIQ (WLTQ) in 2025 as its presale climbs the 50% milestone. The platform is set to revolutionize crypto and DeFi wallets by merging artificial intelligence (AI) , machine learning (ML) , and blockchain technology to provide improved security, scalability, and user-friendly functionality to DeFi wallets. As the crypto DeFi space expands, the platform’s Escrow Connect feature will continue to attract investors to its presale. This feature certifies secure peer-to-peer transactions by allowing the release of funds or assets only when agreed obligations by trading parties are met. The feature also keeps users’ accounts safe from hackers especially when connecting to external decentralized applications (dApps) WallitIQ’s (WLTQ) presale success in reaching the 50% milestone buttresses strong demand for the token. Analysts have seen that the platform Physical 2 Digital (P2D) wallet feature contributes to its presale success. This innovative trading model bridges the gap between physical and digital assets and allows the trading of tokenized physical assets on the blockchain platform. The feature continues to attract traditional and decentralized finance investors to its presale. The platform’s strong security measures have impressed analysts. Solidproof has audited its smart contract making it safe for investments. The recent announcement by WallitIQ (WLTQ) of its minimum viable product (MVP) has excited analysts and investors alike. The MVP is designed to provide robust crypto wallet and transaction management. It simulates the management of crypto wallets for ETH and USDT. This feature also displays QR codes for wallet addresses to improve the receiving of payments. Invest Now in WallitIQ (WLTQ) as Analysts Predict 35,000% ROI by 2025 The WallitIQ (WLTQ) presale is gaining massive attention as analysts predict a 35,000% RO1 by 2025 for early investors. Taking advantage now as the presale surges past the 50% milestone is a smart investment move as it holds the potential for massive returns. The platform is redefining how crypto wallets and transactions work by making them safer, smarter, and more efficient has resonated well with investors rushing to its presale. Securing your WLTQ tokens now gives you access to an advanced wallet that will guide you through the complexities of crypto trading and help you trade profitably. With the crypto market expected to expand in the coming years, WallitIQ’s (WLTQ) early presale investment offers the chance to capitalize on its massive growth potential. The platform’s team is made up of seasoned professionals with a track record in the crypto and tech sectors. With a robust plan for continuous innovative DeFi solutions, WallitIQ (WLTQ) has all the components for success in the DeFi wallet industry. Investing in its presale position you reap rewards with its growth trajectory. Analysts have predicted that WallitIQ (WLTQ) will lead the next crypto bull run with massive rally potential. Investing now in its presale by buying the WLTQ tokens positions you for massive gains in the bull run. Conclusion WallitIQ (WLTQ) surges past 50% presale completion as analysts predict a 35,000% ROI for early investors by 2025. The platform combines artificial intelligence (AI) and machine learning (ML) to redefine crypto DeFi wallets by making them safer, smarter, and more efficient for the next one billion users. Investing now in its presale by securing your WLTQ tokens with just $0.0420 will position you for potentially massive gains as the platform gains market traction with widespread adoption. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Community | WallitIQ (WLTQ) Presale The Defiant