💸 #Trump has opened cryptocurrency donations for his campaign, as promised

A wide range of cryptocurrencies are accepted for donations, including #memecoins. Whether Donald Trump accepts the #TREMP token is still unclear.

Meanwhile, the #SEC's shift on #ETH is being linked to the Democratic Party's attempt to win over the crypto community from Trump 🧐

#CryptoNews

🪙 #Trump wants all remaining #bitcoin to be mined in the USA

The presidential candidate made this statement after meeting with representatives of the mining industry. Among other things, the convicted felon promised to defend the interests of miners if he wins the election and emphasized the importance of mining for ensuring the stability of the US energy system.

Apparently, Trump's new border wall will be built from ASICs 🤔


#CryptoNews

😎 What is PolitFi and who is behind it?

We've written multiple times about #TREMP and #BODEN, which are typical examples of memecoins. Their only difference from others is that these coins are tied to the political sphere, which has given rise to a new trend — #PolitFi

PolitFi tokens have gained popularity in the run-up to the upcoming elections in the USA. However, no token is officially linked to a specific politician, and the teams behind most of them are completely anonymous. Political #memecoins merely reflect public sentiment towards a particular candidate and their successes or failures. Although experts predict growth in the PolitFi sector as the US election approaches, the likelihood of scams in such projects is quite high, just like with any other meme coins.

By the way, in the recent debates, neither #Trump nor #Biden mentioned cryptocurrency even once, which may further signal that politicians are still using the industry solely for their PR purposes and are not genuinely interested in the real development of the sector 🧠

💰 Memecoins are on the rise again

Compared to other top-100 coins, #memecoins are showing the best growth dynamics. Leading the pack are #PEPE and #PNUT — the former due to listings on several major exchanges, and the latter, it seems, has become #Elon Musk’s new favorite.

🕯 Meanwhile, the correlation between gold and #BTC has fallen to an 11-month low. Since #Trump’s election victory, #Bitcoin has shown a 30% increase, while gold prices have dropped by 5%.

🔼 Despite minor price pullbacks, Bitcoin’s growth continues to be supported by investment funds, which just yesterday directed an additional $510 million into #ETF.

#CryptoNews

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