World Crypto Global Official Site | bitcoin donald trump

Author: Jake Simmons

Bitcoin To Hit $125,000 By Year-End If Trump Wins, Says Standard Chartered

In a research paper dated October 24, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, predicts that Bitcoin could surge to $125,000 by the end of the year if former President Donald Trump secures victory in the upcoming US presidential election. When Bitcoin Could Hit $125,000 Kendrick’s analysis hinges on the interplay between Bitcoin’s price movements and the US political landscape. “We use daily BTC vol levels and popular strike levels to estimate post-election price moves,” he states in the report titled Bitcoin Post-US Election Playbook. According to Kendrick, Bitcoin prices have been ascending in recent weeks, aligning with other trades favored by Trump supporters. The report forecasts that Bitcoin is likely to reach approximately $73,000 by Election Day on November 5, nearing its all-time high of $73,800 recorded in March. “Our base case is that Bitcoin rises to around $73,000 by Election Day, catching up to betting-market probabilities of a Trump win,” Kendrick notes. Related Reading: Is Too Late To Accumulate Bitcoin? What This Indicator Says Betting markets are reflecting increasing confidence in a Trump victory. “The average betting odds of a Trump victory now stand at 59%, according to RealClearPolitics. Furthermore, conditional probabilities in specific betting markets (Polymarket) suggest a 75% chance of a Republican sweep if Trump wins the presidency,” the report highlights. Should Trump win, Kendrick anticipates immediate bullish momentum for Bitcoin. “Assuming a Trump victory, options break-even implies a further price rise of about 4% when the presidential outcome is known, and around 10% in total within a few more days,” he explains. Related Reading: $200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It Conservative The potential for a Republican sweep of Congress amplifies this outlook. “If the Republicans sweep Congress, our year-end target level of USD 125,000 should come into view,” Kendrick asserts. This scenario is underpinned by significant open interest in Bitcoin call options expiring on December 27 at the $80,000 strike price, suggesting rapid movement toward that level. What If Harris Wins? In contrast, if Vice President Kamala Harris emerges victorious, the report suggests a temporary setback for Bitcoin prices. “If Harris wins, we see BTC initially trading lower but still ending 2024 at fresh highs around $75,000,” Kendrick projects. This implies a resilient long-term outlook for Bitcoin regardless of the election outcome, though the magnitude of gains would differ. Kendrick emphasizes the role of options market data in gauging potential price movements. “Options info helps estimate initial post-election price moves,” he states. The heavy trading volumes and popular strike levels serve as indicators of investor expectations and market positioning ahead of the election. The recent dip in Bitcoin’s price to a local low of $65,200 was addressed as well. Kendrick believes this is “likely to be the last before the U.S. presidential election,” suggesting that any short-term corrections may be overshadowed by the impending political developments. At press time, BTC traded at $67,520. Featured image created with DALL.E, chart from TradingView.com

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Bitcoin Alert: Heres Why The Trump Inauguration Is A Buy The News Event

Author: Jake Simmons

United Kingdom

Source: NewsBTC

Jan 10, 2025 12:05

Bitcoin Alert: Heres Why The Trump Inauguration Is A Buy The News Event

Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM Prices Paid Index and higher-than-anticipated JOLTS job openings. Why The Trump Inauguration Is Bullish For Bitcoin While these data points renewed worries that inflation could persist, many seasoned observers insist the upcoming Trump inauguration is a reason to stay bullish on Bitcoin and crypto. The analysts from LondonCryptoClub (@LDNCryptoClub)argue that everyone is overestimating both the likelihood of tariffs or at least the size, highlighting that when Trump was previously in office, there was no substantial inflationary impact despite high-profile tariff announcements. Related Reading: Anticipating A 2025 Super Cycle: Bitcoin Rallies With Trumps Regulatory Reforms On The Horizon According to the analyst,s market participants risk overlooking the fact that the US has also got to refinance over $7trn in debt this year, which could force the Fed to keep rates lower and eventually end quantitative tightening. Raoul Pal, Founder of Global Macro Investor, echoed this sentiment by saying, I tend to agree with this take. I tend to agree with this take https://t.co/SzmHbyXoBc Raoul Pal (@RaoulGMI) January 8, 2025 Supporters of the pro-Bitcoin thesis point out that any tariffs introduced under a new Trump administration might be politically large but practically modest, echoing the LondonCryptoClub view that Trump goes big as a negotiation tactic and likely delivers much less. Another focal point is the emerging liquidity scenario that has bolstered risk assets in the past. LondonCryptoClub sees the Fed ultimately start to flood the market with liquidity, especially given the swift depletion of the Reverse Repo Facility and the potentially temporary respite offered by the debt ceiling. The same argument extends to a renewed wave of China-led global disinflation, which could pressure the United States into rate cuts if growth shows signs of stalling. Chris Burniske, a partner at Placeholder VC, said he once assumed the market would rally straight into the inauguration and then sell off, but he now foresees another scenario: Agree w this – in Q4 was thinking wed rally into inauguration and sell off after, but once that became too consensus a view + DXY & rates rallying, looks like were shifting to pain before, Valhalla after – prefer this setup tbh Some analysts see direct benefits if Trump starts publicly discussing crypto again, given how it may raise Bitcoins profile. Crypto analyst Gammichan reminded followers that we have a president who will be mentioning Bitcoin regularly and emphasized that a strong dollar could be fuel to pump us when it falls. Gammichan also stressed that 3-5% inflation is excellent for BTC and noted that while the Fed might keep rates high for the moment, it could juice it whenever because the governments own interest expenses remain uncomfortably large, with trillions in debt to manage. This angle is further enhanced by talk that other global players, especially China, may continue to stimulate their economies, thereby boosting overall liquidity. We seem to have forgotten that: -We have a president who will be mentioning Bitcoin regularly -MSTR is in the NASDAQ -Fed is in a great position with room to juice it whenever -3-5% inflation is excellent for BTC -Strong DXY means fuel to pump us when it falls -Fed needs to get Gammichan (@gammichan) January 8, 2025 Felix Jauvin, host of the Forward Guidance podcast, underscored the broader shift in market psychology by stating, Were quickly going from sell the news, to buy the news on inauguration. Related Reading: Bitcoin To Blast Off? Trumps Fury Over Interest Rates Signals Big Move Despite this generally upbeat narrative, short-term challenges remain. Recent economic data in the United States has surprised to the upside, prompting worries that the Federal Reserve might keep policy tighter for longer. Some investors see the next few weeks as a tug of war between rising yields and the prospect of renewed global easing. Still, LondonCryptoClub argues that the jump in yields might be a temporary head fake and that once the Fed recognizes how much refinancing must occur, it will be compelled to help keep rates low and eventually revert to some form of not QE QE if the repo market shows signs of stress. Those who believe in the buy the news thesis anticipate that as soon as the Feds liquidity taps reopen, Bitcoins price will likely rebound from its current slump and possibly continue higher throughout 2025. Market watchers also recall how, during Trumps earlier presidency, the US dollar initially gained but quickly topped out. LondonCryptoClub noted that the market reacted this way last time Trump got elected and quickly the dollar topped out, suggesting that a similar scenario might play out again, with the dollar rallying briefly before weakening. Combined with the possibility of coordinated stimulus from major central banks, any sustained reversal in the dollar would likely spell good news for Bitcoin and the broader crypto market. At press time, BTC traded at $93,596. Featured image created with DALL.E, chart from TradingView.com

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Donald Trump Memecoin Skyrockets Over 12,000% Overnight With $30B Fully Diluted Value What Happened?

Author: Sebastian Villafuerte

United Kingdom

Source: NewsBTC

Jan 19, 2025 12:05

Donald Trump Memecoin Skyrockets Over 12,000% Overnight With $30B Fully Diluted Value What Happened?

The TRUMP meme coin, the official Donald Trump cryptocurrency, took the crypto world by storm upon its launch on Friday. Within hours, it became the hottest topic in the market, captivating investors and enthusiasts alike. By Saturday morning, as the U.S. woke up to the news, the TRUMP coin had skyrocketed to an astonishing $30, marking a jaw-dropping 12,000% increase from its launch price. Related Reading: Solana Reclaims Monthly And Weekly Support Levels Expert Sets $330 Target The exponential rally that unfolded overnight now seems like just the beginning. The coins meteoric rise barely makes a dent in its increasingly vertical chart. With a staggering $6 billion market cap and a fully diluted valuation of $30 billion, the TRUMP coin is quickly establishing itself as a phenomenon in the meme coin category. For early investors, the returns have been life-changing. A modest $10,000 investment at launch is now worth an incredible $1.2 million, highlighting the massive potential of this viral asset. As the TRUMP coin continues to dominate headlines, speculation is growing about whether this is a short-lived hype or the start of a new trend in the crypto space. With such explosive growth, all eyes are on this unprecedented meme coins next move. TRUMP Becomes The Biggest Meme Coin In History At 9:44 PM ET on an otherwise quiet Friday night, President-elect Donald Trump made history by launching the $TRUMP meme coin, which has already become the biggest meme coin phenomenon the market has ever seen. According to The Kobbeissi Letter, a trusted voice in global capital markets commentary, TRUMP is up a staggering 9,500%, with $2.2 billion in trading volume within just 12 hours of its launch. Initially met with skepticism, the announcement of $TRUMP’s launch seemed so implausible that many traders assumed Trumps account had been hacked. However, with no official statement refuting the coins legitimacy, confidence grewand so did the price. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors Sign Of Strength? By 12:45 AM ET, TRUMP had broken above $10, accelerating into a parabolic rally. In the early hours, traders witnessed unprecedented returns. One investor reportedly turned $50,000 into nearly $1.1 million in just two hours. Remarkably, TRUMP outperformed the S&P 500s 30-year cumulative return within that same short window. A key factor driving the coins explosive price action is its limited circulating supply. Only 20% of the maximum supply200 million coinsis currently on the market. Over the next 36 months, the remaining 800 million coins will gradually be released. Speculation is rife that Trump himself holds this undistributed portion, potentially giving him substantial control over the asset. With $TRUMP already establishing itself as a phenomenon, the coins trajectory remains a captivating spectacle. This unprecedented rally and intrigue surrounding its supply mechanics have cemented it as one of the most extraordinary stories in crypto history. Price Action And Market Cap Details The explosive rise of the TRUMP coin has prompted questions about its Market Cap and Fully Diluted Valuation (FDV). With a total supply of 1 billion coins, the FDVif all tokens were circulatingwould stand at approximately $21 billion based on current prices. However, since only 200 million coins (20% of the total supply) are currently in circulation, the market cap is approximately $4.2 billion. This significant disparity highlights the impact of circulating supply on valuation metrics. Related Reading: Cardano Whales Go On A Shopping Spree 100 Million ADA in 48 Hours Price action, for now, provides limited insight into the coins future. There is little data to conduct meaningful technical analysis. The TRUMP chart essentially consists of a parabolic green candle, reflecting its meteoric rise in an hype-dominated environment. This leaves the market with one critical question: can demand sustain current levels as the remaining 80% of the supply gradually enters circulation? The TRUMP emission schedule outlines how the maximum supply will be reached over the next 36 months. Skeptics argue that this influx of supply could lead to oversaturation, ultimately sending the coins price plummeting to $0. On the other hand, bulls believe the schedule’s gradual nature allows demand to keep pace. This could mitigate the risk of significant price dilution. For now, the debate continues. Featured image from Dall-E, chart from TradingView

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Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

Author: Ronaldo Marquez

United Kingdom

Source: NewsBTC

Jan 18, 2025 12:05

Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

The markets leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of the latest data from CoinGecko, Bitcoin surged nearly 5% in the 24-hour time frame, reaching $104,000. The broader cryptocurrency market, represented by the CoinDesk 20 index, also saw an uptick, rising 1% following a 4% increase on Thursday. Excitement Builds Ahead Of Trumps Executive Orders This newfound interest in Bitcoin has positively impacted exchange operators, with shares of platforms like Coinbase and Robinhood climbing approximately 5% and 3%, respectively. Related Reading: BNB Price Poised for Gains: Bulls Push for New Highs According to CNBC, the excitement follows a Bloomberg report indicating that Trump might establish the crypto advisory council he had previously promised, potentially giving the industry a significant voice in his administration. Discussions surrounding a national Bitcoin stockpile are also part of the anticipated executive order, which is expected to address various aspects of cryptocurrency policy, according to a report by the New York Times. While the prospect of a pro-crypto administration and Congress in 2025 is encouraging for the industry, some Wall Street analysts caution that the full impact may not be felt immediately. Coins and crypto projects outside of Bitcoin could reportedly benefit the most from clear and supportive regulations, especially as they have been more vulnerable to Securities and Exchange Commission (SEC) lawsuits and perceived banking discrimination under the previous administration. Analysts Eye Record-Breaking Bitcoin Prices Bitcoin’s performance has been closely aligned with the stock market this year, following a period of consolidation that began in late December. This came after Federal Reserve Chair Jerome Powell raised concerns about inflation, a sentiment that has since eased with two favorable inflation reports in January. Expectations are high that any announcements from the incoming administration next week could propel Bitcoin’s price even higher, potentially setting new records. Related Reading: Solana Bull Case Forecasts $6,636 Price Target By 2030, Crypto Firm Says Analysts believe that the new administration, along with a new SEC chairman, could usher in opportunities for innovation within the cryptocurrency space. JPMorgan analyst Kenneth Worthington noted that while the environment is promising, the market capitalization of other tokens and lower investor interest may limit the impact of new cryptocurrency products. In a favorable technical development, crypto analyst Ali Martinez recently pointed out that Bitcoin has broken out of a cup-and-handle pattern, a bullish indicator in technical analysis. This pattern resembles a “cup” followed by a downward trend, or “handle,” which typically signals a buying opportunity. According to Martinez, this suggests a potential upside target of $276,400 for Bitcoinmore than doubling its record high of $108,000 reached at the end of last year. Featured image from DALL-E, chart from TradingView.com

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