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Solana’s trading volume and active addresses decline as bears halt its momentum. Could SOL still hit $300, or is a drop to $190 more likely?
Share link:In this post: SEC Chair Gary Gensler will resign after Thanksgiving, planned before Trump’s inauguration in January 2025. Candidates like Dan Gallagher, Bob Stebbins, Paul Atkins, and Brad Bondi are being considered, unlike expected. Under Trump, the nominee must also be adept at managing the SEC’s broader responsibilities, public companies, stock and bond markets, private funds, and the consolidated audit trail (CAT).
Share link:In this post: Ethereum ETFs have witnessed increased inflows since Trump emerged as president. The financial instrument set a six-day positive inflow record. Analysts predict investors may see Ethereum ETFs as an alternative to Bitcoin ETFs.
Peanut the Squirrel's memecoin, PNUT, has skyrocketed to a $2 billion market cap, captivating investors with its emotional backstory and rapid growth since its launch on the Solana blockchain.
- 10:05Organization: Bitcoin may soon resume its rise, aiming for the major milestone of 100,000 US dollarsThe price of Bitcoin has slightly decreased. The upward trend triggered by Trump's victory in the US presidential election has paused, failing to break through the major threshold of 100,000 dollars. However, Kathleen Brooks from XTB released a report stating that Bitcoin might soon resume its rise. She said: "We still believe that Bitcoin will break through the $100,000 mark in the next few days or weeks, but there may be fluctuations before reaching this key level." There are many bearish options around 98,000-99,000 dollars betting on a fall in Bitcoin. These options could "trip up those investors hoping for a quick surge in the price of Bitcoin to reach $100,000."
- 09:47Organization: Bessent nominated by Trump, the dollar falls but may rise again before the end of the yearXTB Research Director Kathleen Brooks stated that the US dollar fell after President-elect Donald Trump announced he would nominate hedge fund manager Scott Bessent as Treasury Secretary. "Bessent is seen as an antidote to Trump's most extreme economic views," said Brooks. Bessent advocates for reducing government spending and is expected to advocate for a slow and steady approach to trade tariffs that could lead to inflation. According to Brooks, this could boost risk sentiment and reduce the flow of safe-haven funds into the dollar. However, due to the excellent performance of the US economy, any decline in the dollar will be limited. The dollar may still "tend upward before year-end, with any weakness potentially being used as a buying opportunity."
- 09:43Twitter KOL opinion｜SXP narrative upgrade, unlimited potentialMain points: 1. The history and current situation of SXP Star payment concept project in the last bull market. The follow-up team has undergone a comprehensive update, and the narrative has also been upgraded synchronously. 2. Main funds enter the market Since October this year, SXP has shown obvious signs of main funds entering. 3. K-line analysis and expectations From the technical chart, December could be a super bullish month. "A few times increase is not a problem." See the original text: https://x.com/monkeyjiang/status/1860512907768795463
