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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.
- 10:39QCP Capital: Bitcoin maintains resilience above $90,000, suggesting a defensive investment strategyChainCatcher News, the latest analysis from QCP Capital shows that amid the development of U.S. trade policy and high-risk tariff wars, traditional financial markets continue to fluctuate. The S&P 500 index struggles to maintain the 6000 point mark, last week's volatility led to a correction in the cryptocurrency market with Bitcoin briefly touching $92,000 and Ethereum falling to $2100. Although the U.S.'s delay in imposing tariffs on Mexico and Canada brings some respite, the US-China trade war remains a focal point for markets. In terms of cryptocurrency regulation, regulatory bodies have established dedicated working groups drafting stablecoin regulations and assessing feasibility of Strategic Bitcoin Reserves (SBR). QCP Capital believes that while Bitcoin maintains resilience above $90,000 it suggests adopting defensive investment strategies due to geopolitical risks and lack of short-term positive catalysts.
- 10:24The Trump family collectively holds approximately 15.6 billion dollars in cryptocurrency, of which 14 billion dollars is in TRUMP coinAccording to a message from ChainCatcher, as per DL News statistics, the Trump family's crypto assets include meme coins, DeFi applications, NFTs and the newly launched investment business Truth.Fi. The total value of these various enterprises and assets is approximately $15.6 billion. The book value of the meme coin TRUMP alone is $14 billion. According to information on the Trump memecoin website, CIC Digital LLC and Fight Fight Fight LLC collectively hold 80% of Trump tokens with a paper value exceeding $14 billion. According to Trump's financial disclosure for 2024, he wholly owns CIC Digital. CIC Digital co-owns Fight Fight Fight with another company called Celebration Cards LLC which was registered in Wyoming by Andrew Pierce who serves as an attorney assistant at Wyoming LLC Attorney. As introduced on its website, Pierce's company specializes in setting up anonymous shell companies and asset protection planning.
- 10:19Greeks.live: Traders maintain a cautious bearish outlook on Bitcoin's fluctuation between $95,000 and $102,000ChainCatcher news, Adam, a macro researcher at Greeks.live, released the daily briefing for the English community showing that Bitcoin market traders are cautiously bearish on fluctuations within the range of 95,000-102,000 US dollars. They focus on support at 96.2 thousand dollars and resistance at 102,600 dollars. In terms of options trading strategies, traders tend to adopt Iron Condor and Covered Strangle strategies with tail protection while paying attention to dynamic rollovers of put options. Some traders have set up bullish option spreads expiring in April with strike prices between 120,000 - 140,000 dollars expecting spot holdings to maintain strength which could yield over a 100% return.