π Welcome to The Ascendant β your trusted guide to the most impactful #Crypto and #Blockchain news worldwide! This week, we explore market dynamics, institutional moves, and pivotal updates from industry leaders. Dive in π
π Bitcoin Faces Post-Trump Euphoria Test
Bitcoin hits an all-time high, but the real challenge begins now as the market adjusts to the realities of Trumpβs crypto policies and a shifting macro environment.
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π° Financial Giants Race for Crypto ETF Approvals
Institutional players rush to submit crypto ETF applications before the SEC leadership change, signaling strong demand for regulated crypto products.
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π¨βπ» Vitalik Buterin Reshapes Ethereum Leadership
Vitalik announces major leadership changes within the Ethereum Foundation, marking a new chapter for the blockchainβs future development.
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πͺπΊ Crypto.com Secures MiCA License for EU Growth
Crypto.com receives approval under MiCA regulations, paving the way for significant business expansion in Europeβs evolving crypto landscape.
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π°π· South Korea Cracks Down on Crypto Crime
Six Chinese suspects are arrested for a $690k Tether heist, highlighting the need for robust security measures in crypto operations.
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π Market Assessment β By Lorenzo
- Avoid the hype: Steer clear of celebrity-driven memecoins; fundamentals matter more.
- Retail revival: Google searches for βhow to buy cryptocurrencyβ are back at 2021 levels.
- Ethereum vs. Solana: While Solana gains traction, Ethereum still leads in TVL.
- Web3 gaming & AI: Both sectors are capturing increasing attention.
- Volatility watch: Rising leverage on centralized exchanges signals potential future swings.
- Bull market signs: All indicators point to the early stages of a new bull run.