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The global non-fungible token market has retested some positive growth this week after suffering a brutal meltdown in the past several weeks. In the past seven days, the NFT market has recorded a trading sales volume of $95 million, up 2.05% from the past week. The global NFT market began tanking earlier this year after initial market hype, which it retested in November 2024, faded. The market downturn escalated recently after Donald Trump’s 2025 tariffs. Earlier this month, the United States President, His Excellency Donald J Trump, imposed tariffs on imports. Unfortunately, Donald Trump’s 2025 tariff, which started at 10% and escalated to 25%, has sparked a risk-off wave in both the NFT and crypto market, slashing the cryptocurrency price and market cap by over $800 billion since January. In this article, we shall explore the full state of NFTs in the past seven days. Trump was supposed to be great for crypto traders,instead bitcoin is under 80k and the crypto market is...

President Donald Trump has once again taken the global realm by sweet surprise. The 47th US president has shown a great gesture of support towards Trump by purchasing a new Tesla car amid widespread anti-Tesla drives that have been wreaking havoc across the US. The event scheduled at the White House, where the president was seen praising Elon Musk and his Tesla company, labeling rising anti-Tesla drives as acts of domestic terrorism. Will this development help TSLA stocks find some stability amid rising boycott ordeals? Let’s find out. Also Read: SEC Delays XRP, Solana, Litecoin, Dogecoin ETFs as Bitwise Launches Bitcoin-Focused ETF Trump Extends Support to Musk Amid Tesla Backlash Source: Pixabay The president of the United States, Donald Trump, has displayed a great show of support for Elon Musk amid rising backlash that his car company has been receiving as of late. Trump has purchased a brand new Tesla car to show support and strength to Musk, adding how his endeavors towards ...

The US government sold $6.5 billion worth of Bitcoin that was seized from popular dark web marketplace Silk Road after the US Department of Justice (DoJ) approved the sale. The  DoJ gave the government the green light to sell the 69,370 seized BTC on Dec. 30, citing price volatility as a reason for the approval.  Silk Road Bitcoin Sell Off Comes Days Before Donald Trump Takes The White House Hours after receiving the approval from the DoJ, the balance of the wallet that held the seized assets dropped from $6.5 billion on Jan. 8 to zero, according to data from on-chain analytics platform Arkham Intelligence. The sell off comes just days before incoming US President Donald Trump is set to enter the White House for a second term. Pro-crypto Trump’s inauguration will take place on Jan. 20. Last year, the President-elect said that he would form a strategic Bitcoin reserve with the BTC seized from Silk Road.  Maybe we’ll all get the chance to buy Bitcoin at ...

Dogecoin (DOGE)is one of the most successful and popular cryptocurrencies. The asset has turned several early investors into multi-millionaires. The asset’s price skyrocketed during the 2021 bull run, making waves in the crypto community. Also Read: ADA Surges 25% in a Week: Ethereum Killer Gains Momentum with Whale Backing How To Turn $1000 Worth Of Dogecoin Into $500,000? Source: Watcher Guru If you buy $1000 worth of DOGE, you will receive about 2631.57 coins. For 2631.57 coins to become $500,000, each coin has to reach about $190. For DOGE to reach $190 from current price levels, it has to rally by 49,990%. Also Read: Jio Financial Shares Dips Below 299: Best Time to Buy? Although the figure may seem significant, it is not something Dogecoin (DOGE) has not achieved before. Since May 2015, DOGE’s price has rallied by 443,860.9%. The asset could very well deliver similar results in a faster time. When Will The Memecoin Hit $190? According to Changelly, DOGE will not hit th...

A disappointing start to the year for the electric vehicle manufacturer (EV) could only get worse, as Tesla (TSLA) stock could see 40% of profits disappear in 2025, according to JPMorgan. Indeed, the institution has expressed some concern regarding what could be on the horizon when US President-elect Donald Trump takes office next year. The Elon Musk-led company skyrocketed after Trump emerged victorious in the 2024 election. Just one month prior, the company unveiled its highly anticipated Robotaxi product line. With autonomous vehicles set to be a critical part of its business model, there is a lot that is on the line as it enters a critical 2025. Source: Vanity Fair Also Read: Tesla (TSLA) Up 69% Since Trump Win: Is Now the Time to Buy? JPMorgan Warns 40% of Tesla Profits in Trouble in 2025 Throughout the last several months of 2024, Elon Musk joined Donald Trump on the 2024 campaign trail. In response, the Tesla CEO was made head of Trump’s Department of Government Efficiency ...

President-elect Donald Trump threatened BRICS countries of imposing 100% tariffs on goods entering the US if they pursue the de-dollarization agenda. The rhetoric came even before he officially took office indicating that a trade war would commence during his four-year tenure. Developing countries are guarding their economies against sanctions, as the White House has been imposing them for more than a decade. Also Read: BRICS: India Makes Huge Announcement on New Currency The Director of the Institute of Social Sciences, Ash Narain Roy, said that Trump’s threats to BRICS will not work. Roy explained that Trump is carried away by his victory and is unable to see the ground below his feet. Emerging economies have progressed even after ending dependency on the US dollar as their local currency is gaining prominence. The de-dollarization initiative started by BRICS will continue even in the Trump era, he said. Also Read: The US Dollar’s Clout Is Decreasing Globally, Says BRICS BRICS: ...

Ripple’s XRP token is currently among the best-performing cryptocurrencies among the top 100 projects by market cap. The asset has also outperformed mainstream crypto assets such as Bitcoin (BTC) and Solana (SOL). XRP has reclaimed the $2 mark for the first time since January 2018, nearly seven years ago. Also Read: Amazon Stock (AMZN) Outpaces Dow: Surges 20% in 3 Months XRP’s price is up by 11.9% in the daily charts, 88.6% in the weekly charts, 139.2% in the 14-day charts, and 441% over the previous month. The asset is also up by 339.5% since December 2023. Source: CoinGecko Why Is XRP Rallying? XRP’s latest rally follows WisdomTree’s recent S1 filing for a spot XRP ETF (Exchange Traded Fund). WisdomTree is a financial giant whose ETF filing marks a significant milestone for Ripple’s XRP token. Source – Trackinsight Also Read: Microsoft: Could Bitcoin Shift Lead MSFT to Record 2025? Market participants may be betting on Donald Trump’s pro-cryp...

Amid talks of establishing a reserve for the crypto, the US government has moved $1.92 billion worth of Bitcoin. Indeed, Arkham Intelligence data reports that the digital asset had been moved to a new address. Specifically, the funds have been split into two wallets, containing $969 million and $949 million in BTC, respectively. The data shows that the government still holds more than $18 billion worth of Bitcoin. Moreover, the movement was reported as President-elect Donald Trump is expected to make headway on a Bitcoin reserve bill early on in his second term as the country’s commander-in-chief. JUST IN: US Government moves $1.92 billion worth of #Bitcoin to a new address. — Watcher.Guru (@WatcherGuru) December 2, 2024 Also Read: Michael Saylor’s MicroStrategy Buys Another $1.5B in Bitcoin US Government Moves $1.92B in Bitcoin to a New Address November 2024 has proven to be a game changing month for Bitcoin. The leading cryptocurrency had performed well throughout t...

TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun’s qualifications will enable him to make significant contributions to the development of the platform. “Justin is the founder of TRONDAO, an advisor to HTX_Global, and a supporter of BitTorrent. A graduate of the University of Pennsylvania, he recently won Sotheby’s auction for the iconic banana artwork. TRON is among the world’s top 10 cryptocurrencies and one of the largest public blockchains.  Justin’s insights and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!” World Liberty Financial announced Sun’s new role after TRON’s decentralized autonomous organization, TRON DAO, invested $30 million in the DeFi project to become its largest investor. The project, which claims to...

The Crypto Emperor Trump price has soared 368% in the last 24 hours to trade at $0.001085 as of 3:15 a.m. EST on a 9% pump in trading volume to $17 million. This price surge follows reports that President Donald Trump is considering eliminating capital gains taxes on cryptocurrencies issued by U.S. companies. Sources say this move would make any profits from holding crypto assets like Cardano (ADA), Algorand (ALGO), Ripple (XRP), and Hedera (HBAR) completely tax-free, as these assets are created by U.S.-based companies. 0% tax on crypto! Donald Trump is reportedly considering a groundbreaking plan to eliminate capital gains taxes on U.S.-issued cryptocurrencies. U.S. could become the next global blockchain powerhouse competing with crypto-friendly countries like Dubai. pic.twitter.com/k0uDtxzys0 — Solcet (@NFT_M0D) November 14, 2024 Trump’s bold move could position the U.S. to rival Dubai and other crypto-friendly nations in becoming a leading blockchain hub. By cutt...

The Bitcoin price has plunged 3.1% in the last 24 hours to trade at $69,957 as of 7:20 a.m. EST on a 54% surge in trading volume to $53 billion. The BTC price drop comes as former President Donald Trump voiced his support for the crypto industry and wished Bitcoiners a happy 16th anniversary. I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper. We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRossDayOne — Donald J. Trump (@realDonaldTrump) October 31, 2024 Trump’s message, shared on X, included a pledge to end what he described as “Kamala’s war on crypto,” and he expressed a goal to support Bitcoin’s growth in the US. Bitcoin Price Signals More Upside Ahead The Bitcoin (BTCUSDT) price action in the one-day timeframe reveals several technical indicators suggesting a bullish outlook. From July to early September, an inverted head-and-shoulders...

2024 is considered one of the most critical years for Bitcoin (BTC). The asset hit an all-time high back in March and is waiting to reap the benefits of the halving. Amidst this, the community has looked into BTC’s potential rise or fall following the U.S. elections. However, the real question is whether geopolitical events will impact the king coin. Also Read: US Government Spent $1 Trillion in 2024 on National Debt Interest Payments The Impact of U.S. Elections on Bitcoin (BTC) Cryptocurrency’s Role In The U.S. Presidential Campaign Cryptocurrency has played a massive role in the U.S. presidential campaign. Donald Trump’s renewed interest in the industry turned heads. While some accused him of using Bitcoin to impress the industry, others lauded the former President for his pro-crypto stance. Kamala Harris, however, doesn’t seem all that inclined towards Bitcoin. As a result, the upcoming elections in November are considered pertinent for the market. Market’s Prefere...