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Despite a history of flip-flopping on the crypto industry, United States president-elect Donald Trump has suddenly become an enthusiastic advocate for the space and has actively made several eye-catching promises. Now that he’s set to once again assume control of the executive branch, he will have oversight over a variety of different important appointments, the ability to pardon or commute certain sentences, and a demonstrated willingness to use the bully pulpit to advocate for policies that he believes in. As we prepare for the next several years, Protos has collected several crypto promises that Trump has made and that we will be watching closely. Trump win opens door to many pro-crypto government appointments Read more: Tether’s dreams come true with Donald Trump victory Gary Gensler and Ross Ulbricht could both be out One of the things that Trump promised — to extraordinary cheers at the Bitcoin Conference — was that he would fire Gary Gensler, the curre

The Dogecoin price surged 26% in the last 24 hours to trade at $0.2045 as of 02:37 a.m. EST on trading volume that skyrocketed 227% to $10.3 billion. This comes as Donald Trump is set to become president for the second time after defeating Kamala Harris in the US election. Trump has promised to be ”crypto president” and Dogecoin may be a big winner if Trump appoints DOGE fan Elon Musk to head a Department of Government Efficiency (DOGE) in his administration. Dogecoin Price Could Continue Soaring According to the DOGE/USD chart Analysis , the Dogecoin price is currently capitalizing on the cup and handle pattern, formed as DOGE found support within the $0.096 support, according to data from GeckoTerminal . The uptrend has pushed the price of Dogecoin to now trade above both the 50-day and 200-day Simple Moving Averages (SMAs), which is an indication that the price may continue soaring. Moreover, the 50-day SMA has now surpassed the 200-day SMA, which has now formed a golden cross

With the asset class becoming a key political issue for the first time ever, Bitcoin as a strategic reserve asset could be a key route to economic stability, according to one report. Indeed, the Bitcoin Policy Institute (BPI) has discussed how the United States could harness the leading cryptocurrency to form a path to economic resilience. Amid rising federal debt, the US economic outlook has not been a great one. Moreover, the 2024 presidential election appears critical to correcting course but lacks the proposed policy to affect change. However, the presence of Bitcoin could be one viable way to “monetary stability,” the report notes. Also Read: Michigan Pension Fund Discloses $6.9M Investment in Bitcoin ETF Bitcoin as a US Strategic Reserve Asset Presents ‘Unique Opportunities’ The cryptocurrency sector has evolved to become a key aspect of global finance. There is no denying that the asset class has grown in prominence. Throughout the year, it has become embraced by institutional i

The Pepe price slumped 14% in a week and 1% in the last 24 hours to trade at $0.000008089 as of 00:28 a.m. EST on trading volume that surged 8% to $1.1 billion. This comes as the meme coin sector gained 2% to reach a market capitalization of $61 billion, according to CoinGecko .  Pepe Price Aiming For A Bullish Trend Reversal The Pepe price chart shows a long-term descending triangle pattern. This pattern is generally bearish but can lead to a breakout in either direction if there’s enough volume and momentum. The price is approaching the triangle’s apex within the $0.000008089 support, where it often breaks out, according to data from GeckoTerminal . As a result of the downtrend within the triangle, the price of Pepe now trades slightly below both the 50-day and 200-day Simple Moving Averages (SMAs). However, the 50-day SMA is now closing in on the 200-day SMA, which might form a golden cross in the coming days, a signal that the price of Pepe might be headed towards a rally. T

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attra

Elon Musk has garnered significant popularity in the ongoing US elections. Musk has been noted for promoting former US president Donald Trump and propagating the narrative that Trump’s win is critical for US democracy and the nation’s integrity on a global level. At the same time, Trump has also shown his adoration for Musk by promising him a cabinet role, adding that the former president would not mind and would deliver Musk a cabinet role if he won the US elections. If this happens, the development could be a game changer for US politics and crypto. Also Read: BRICS: JP Morgan Predicts the Future of the US Dollar Can Musk’s Political Stint Impact DOGE? David Gokhshtein revealed that he wouldn’t be surprised if Elon Musk decides to make Dogecoin the crypto of the space economy. Elon Musk is known for many things, but most importantly, the Tesla chief is known to be an avid proponent of Bitcoin. Dogecoin has often seen incredible price pumps due to Musk’s impromptu mentions of DOGE on

With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high.  Notably, Bitcoin’s recent rally was initially seen as a trigger for a six-figure valuation. Now, an artificial intelligence (AI) tool has offered insights into when it might hit this milestone. Bitcoin is consolidating below $70,000, trading at $69,590 as of press time. Over the past 24 hours, it has gained 0.20%; on the weekly chart, it is up almost 4%. Picks for you 2 cryptocurrencies to reach 100 billion market cap by year-end 16 hours ago Here’s what awaits gold after the U.S. presidential elections 19 hours ago

Sonic SVM, a Solana (SOL)-based Layer-2 (L2) platform, has partnered up with Solayer to increase rewards for Solana delegators, while Adrastea, a new partner in the ecosystem, is introducing liquid restaking on Solana, as reported to Finbold on Friday, November 1.  The collaboration comes just after the news of Sonic SVM surpassing $50 million in SOL delegations as Solayer’s largest Actively Validated Service (AVS). Chris Zhu, chief executive officer (CEO) of Sonic SVM, remarked on the partnership: Picks for you Tether now holds more US Treasury bonds than Germany, Australia, and UAE 2 hours ago SingularityDAO community votes in favor of merging with Cogito Finance and SelfKey 2 hours ago