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Last weekend, the MEME coin Pnut became a hot topic among Degen traders, with its market value surpassing 100 million dollars in just one day. This craze is related to the news of the American internet celebrity squirrel Peanut being "captured" and subsequently euthanized, and it has evolved into a political movement in the U.S. with the "help" of public figures like Musk.
Bernstein analysts predict a price target of $200,000 by the end of 2025, regardless of the election outcome.However, they anticipate a short-term impact on market sentiment as Donald Trump is seen as the pro-crypto candidate compared to Kamala Harris’s relatively hawkish crypto stance.
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Share link:In this post: Tuesday’s U.S. election will shake up taxes, trade, immigration, and energy policies, impacting Americans’ daily costs and business operations. Trump wants deep tax cuts and high tariffs to bring jobs back home, while Harris focuses on middle-class tax relief and continuity in trade policies. On immigration, Trump’s hardline stance includes massive deportations, while Harris takes a more balanced, legislative approach.
- 07:29The U.S. Appeals Court ruled that OFAC's sanctions on TornadoCash were overstepping its authority, which could be a long-term positive for decentralized smart contract projectsAccording to reports, local time, a U.S. appeals court ruled that OFAC's sanctions against TornadoCash were an overreach of authority. The court overturned the district court's ruling, stating that Tornado Cash's smart contracts are not "property" and therefore cannot be sanctioned. The Tornado Cash ruling pointed out that even when evaluated according to OFAC's broader definition of "any property", cryptocurrency mixing service providers still fall outside the regulatory scope because their smart contracts are neither ownable nor traditional contracts or services. Cryptocurrency KOL DeFi Cheetah - e/acc commented that after Trump won the election, "the U.S. Federal Appeals Court ruled OFAC’s sanctions on TornadoCash as an overreach" shows that Trump’s friendly policies towards cryptocurrencies may have a deeper impact than we expected in the next four years. Other industry insiders analyzed that this change in ruling could be a long-term positive for the cryptocurrency industry, especially for projects and ecosystems based on smart contract types like Ethereum; it indicates blockchain projects with smart contract models neither belong to property nor possess traditional contracts or services—this definition exceeds part of regulatory sanction range. In 2022, OFAC designated Tornado Cash as a sanctioned entity prohibiting American individuals and companies hoping to do business in America from having financial dealings with them.
- 07:28PUFFER will be listed on Korea CEX soon, and it will rise by more than 40% in a short period of timeBitget market data shows that the PUFFER token rose by more than 40% in a short period of time, breaking through 0.55 USDT, and is currently trading at 0.5678 USDT, possibly due to its upcoming launch on the Bithumb Korean market.
- 07:19Twitter KOL Views | $BONK Market Performance and Potential Positive Observations$BONK has recently shown remarkable relative strength, especially compared to $PEPE and $WIF, which have already been listed on Robinhood US, while $BONK has not yet received support from Robinhood. At the same time, $BONK has also shown significant advantages compared to $DOGE and $SHIB. Market analysis and potential benefits 1. Robinhood listing expectations For a long time, the market has speculated that $BONK will be listed on Robinhood US. @cited accurately predicted $BONK's listing on Coinbase last year and has an excellent record in discovering on-chain clues for first-tier CEX listings. At the same time, @cited claimed that $BONK is Robinhood's next listing target, and the market has high expectations for this. 2. Recognition of the US retail market $BONK has been regarded as the most popular emerging memecoin in the US retail market. Once $BONK goes public on Robinhood, its influence as a top US retail trading platform may further boost $BONK's market position and performance. Original link: https://x.com/theunipcs/status/1861513608238440706
