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Check out Cramer’s latest controversial crypto allegation and the following reaction from industry participants.
Upcoming U.S. jobless claims and CPI data could trigger new all-time highs for bitcoin, according to QCP Capital.Meanwhile, ether continues to lag as SEC Chair Gary Gensler noted that the spot Ethereum ETF S-1 approvals “will take some time,” the analysts said.
Quick Take Geoff Kendrick expects bitcoin to hit $100,000 ahead of the U.S. presidential elections this year. The Standard Chartered analyst added that, if Friday’s U.S. Non-Farm Payrolls data is “friendly,” the bitcoin price could reach a new all-time high over the weekend.
According to some analysts, BTC could spike above $90K should it overcome critical resistance levels, while BNB might reach the $1,000 mark.
- 18:50S rises above 0.7 USDT, up 24.15% in 24HS (Sonic) rose above 0.7 USDT, now at 0.717 USDT, 24H up 24.15%, ticker data shows.
- 18:49Trump will tighten control over independent federal agencies, including the SEC and the regulatory functions of the Federal ReserveUS President Donald Trump will tighten control over independent federal agencies, the latest move by Trump to tighten his grip on government agencies, according to the Financial Times. Late Tuesday, President Trump signed an executive order ‘constraining independent agencies,’ ordering agencies to submit draft regulations for review, the White House said in a statement. Trump will also set ‘performance standards’ for the agencies, which must ‘consult’ with the White House on ‘priorities and strategic plans’. Agencies targeted by the executive order include the U.S. Securities and Exchange Commission (SEC), the U.S. Federal Trade Commission (FTC), and the U.S. Federal Communications Commission (FCC). The White House said that the Federal Reserve's monetary policy functions are not subject to the Executive Order, but its regulatory functions are.
- 17:34Monad: Has Sent Test Coins to Over 8.8 Million Active Ether AddressesMonad has sent test coins to more than 8.8 million active Ether addresses, which took about 30 minutes to process at about 5,000 TPS, according to an official post on social media, so participants can keep an eye on their wallets.