cryptocurrency – BullRush

Bitcoin Breaks Records Amid Trade War, Earnings Fears

Tanya Hunchyk — Mon, 14 Jul 2025 18:51:52 +0000

Global markets entered mid-July with an explosive mix of headlines, causing quite a stir in trader sentiment. From Trump’s threat of 30% tariffs on European imports to a Bitcoin breakout past $120,000, it is set to look like a pretty volatile and opportunity-filled week. On a similar note, with central banks preparing to weigh in, Q2 earnings rolling out, and trade tensions mounting across the Atlantic, the global economy is facing a critical inflection point.

Whether you’re in the futures markets, trading equities, or riding the crypto wave, this week’s stories are shaping new price action and sentiment patterns across all asset classes.

Our advice? Ride the wave of volatility but tread with caution.

EU, Mexico Fire Back as Trump Revives Trade War Playbook

President Donald Trump rattled markets with a fiery proposal to slap 30% tariffs on European imports… a move that sent immediate shockwaves through European equity markets. The impact was immediate and severe: automakers, businesses, and exporters who were largely reliant on U.S. demand caused the Stoxx 600 to plummet. It was a gut-punch for European traders, bringing back memories of previous trade wars and serving as a reminder to all that when geopolitics enters the conversation, sentiment can quickly turn sour.

Europe, however, did not recoil. Antonio Tajani, the president of the European Parliament, retaliated within hours, threatening that if an agreement isn’t reached, the EU will impose retaliatory tariffs worth €20 billion ($21.7 billion).

Across the Atlantic, Mexico is now considering its own tariffs, a not-so-subtle signal to Washington that allies are done playing defense. What started as political posturing is quickly morphing into a full-scale trade chess match, with markets caught in the middle.

Sum up:

Trump proposes sweeping 30% tariffs on EU imports
Stoxx 600 and major EU indices drop on trade war fears
EU responds with potential €20B in counter-tariffs
Mexico signals retaliation, increasing global tension

European Stocks Struggle, Sentiment Softens Amid Global Uncertainty

The story goes beyond the headlines about tariffs. Beneath the surface, European markets are displaying more profound signs of fragility, as every movement is amplified by thin summer trading volumes, soft economic data, and rising political risk. In actuality, exporters and cyclical names drove the CAC 40 down 0.4% and Germany’s DAX down 0.2%. Many people perceive this as a gradual decline in confidence rather than a market correction.

Things aren’t exactly going well in the United States, which is on the other side of the world. Although S&P 500 and Nasdaq futures saw a slight increase, traders are obviously losing ground as they prepare for a barrage of central bank commentary, retail data, and earnings reports.

Volatility is creeping back in, quietly, but unmistakably, and many are sensing that the next big move is right around the corner.

Sum up:

CAC 40 and DAX dip amid broad-based weakness
Low summer liquidity increases market whipsaws
U.S. futures cautious ahead of Q2 earnings and retail data
Volatility indicators rising as investor confidence fades

Bitcoin Breaks $120K as Crypto Optimism Surges Before Asia’s ‘Crypto Week’

While traditional markets wrestle with politics and policy, crypto traders are celebrating a breakout of historic proportions. Bitcoin reached a new all-time high of $120,000 on Sunday, sparking a rally in other digital assets. The action was taken right before Singapore’s Crypto Week, a significant blockchain conference that is anticipated to generate even more investor excitement with big announcements and well-known collaborations.

Bitcoin isn’t the only thing taking center stage. Due to renewed interest in DeFi and next-generation NFT ecosystems, Ethereum broke $6,800, while Solana and Avalanche reported double-digit gains. Retail sentiment is rising back to 2021 levels, and institutional capital is still entering the market through ETFs and derivatives. With macro uncertainty growing, Bitcoin is reasserting its role as a hedge against fiat fragility, and traders are piling in fast.

Sum up:

Bitcoin hits new all-time high near $120K
Anticipation builds ahead of Asia’s “Crypto Week” in Singapore
Ethereum, Solana, and Avalanche post strong gains
Institutional and retail demand converging, ETF flows rising

What’s on the Watchlist for This Week?

As one could expect, this upcoming week is loaded with high-impact events that could reshape market direction across asset classes. Here’s what should be front and center on your radar:

U.S. Earnings Season Begins
Banks like JPMorgan, Citigroup, and Goldman Sachs report earnings, offering a read on lending trends, credit stress, and capital markets activity in a higher-rate world.
Retail Sales Data – Consumer Strength in Focus
July’s retail sales report will test the resilience of the U.S. consumer. A weak read could be a red flag for growth and risk appetite.
Central Bank Commentary – Powell and Lagarde Speak
Both the Fed Chair and the ECB President will give key speeches. Expect the market to hang on every word for clues about rate cuts, inflation, and economic softness.
China GDP & Industrial Data Drop
Beijing is expected to post Q2 GDP growth of just 4.9%, with industrial output and retail sales pointing to a fragile recovery. Soft numbers could rattle Asian markets.
Trade Negotiation Headlines
With U.S.-EU tensions rising, any progress, or breakdown, in negotiations could jolt risk sentiment. Keep alerts on for diplomatic updates.

Final Thoughts: Trade the Storm with BullRush

There’s a rare clarity that comes in market chaos, a moment where sharp traders get the opportunity to rise above the noise. This week is one of those moments. It’s not about playing it safe. It’s about playing it smart. Tariffs, inflation, cryptocurrencies, and global uncertainty are pushing markets into uncharted waters, yet again.

At BullRush, we don’t just weather the storm. We build in it. And thrive.

Whether you’re shorting volatility, swing trading the crypto rally, or hedging through gold or practicing with trading simulators, BullRush gives you the platform, the insights, and the community to stay ahead of the next big move.

Join the competition. Sharpen your edge. Trade the moment. Trade with BullRush.

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What Are Cryptocurrencies? Top Crypto in 2025

Tanya Hunchyk — Wed, 04 Jun 2025 18:29:58 +0000

Did you know that over 420 million people worldwide currently own some form of cryptocurrency and, by 2027, that figure is predicted to double?

The digital asset space is a rapidly changing financial ecosystem. It is changing how we trade, invest, and transfer value; gone are the days of the niche market. In 2025, the crypto field has expanded beyond Bitcoin to include a wide range of blockchains, tokens, and protocols fighting for market relevance.

Knowing which cryptocurrencies are on top at the moment remains essential for seasoned traders aiming to maximize their short-term opportunities, as well as beginners intending to build a portfolio over the long run. However, choosing assets is not enough; you must also employ the right tools, insights, and tactics to put information into practice.

Bitcoin (BTC): The Crypto Market’s Anchor

Known as “digital gold,” Bitcoin is still the market leader with an estimated value of over $1.7 trillion. Because of its 21 million bitcoin supply cap, it is naturally deflationary and a desirable inflation hedge during shaky economic periods. In 2025, institutional demand for Bitcoin is at a record level, partially thanks to regulatory clarity around spot Bitcoin ETFs. They allow traditional investors to gain exposure without holding the asset directly.

Bitcoin is still the primary reference for the whole cryptocurrency market in spite of newer fads. The secondary market follows when Bitcoin increases.; Trading platform users can follow this trend by simply observing the Bitcoin Dominance Index and comparing BTC to altcoin pairs.

For instance, when the price of Bitcoin rises along with its relevance, it is usually a good idea to be leaning towards BTC-biased trades while being cautious of holding altcoins.

Ethereum (ETH): The Basis of Decentralized Finance

The first network to support smart contracts and decentralized apps (dApps), Ethereum has solidified its role in the blockchain ecosystem. Thanks to its improved proof-of-stake consensus and Layer 2 scalability solutions, such as Arbitrum and Optimism, Ethereum is now more feasible for widespread use. As a direct result, the market experiences drastically decreased gas fees and increased transaction speeds.

Most of the decentralized finance (DeFi) sector, which allows users to lend, borrow, or trade assets without a middleman, is powered by Ethereum. As such, Ethereum’s usefulness and demand grow in tandem with the DeFi industry. ETH is also available to users on BullRush not only as a spot asset but also through ETH-based pairs such as ETH/USDT and ETH/BTC. They offer valuable information about the mood of the market as a whole. In essence, making opportune trading decisions can be done in combination with news alerts and technical indicators, such as moving averages and MACD.

Solana (SOL): Quick, Affordable, Developer-Friendly

Being able to process more than 65,000 transactions per second at a low cost makes Solana one of the most scalable and quickest blockchains currently available for use. It is one of the leading platforms for decentralized gaming, NFT trading, and new social finance (SocialFi) applications in 2025. Because of its speed and low latency, Solana’s ecosystem keeps drawing developers, and in the process, undermining Ethereum’s hegemony in a number of industries.

The price of Solana is highly responsive to changes in its ecosystem. Rapid price movements can occur, for example, when a major decentralized exchange (DEX) is onboarded or a new NFT marketplace is released. With advanced order options like stop-limit or trailing stops, which help safeguard profits in erratic situations, traders can profit from these price fluctuations. In order to ascertain which Layer 1 blockchain is gaining traction in real time, we recommend frequently evaluating SOL’s strength in comparison to ETH or BTC.

Chainlink (LINK): Connecting Off-Chain Data to On-Chain Ecosystems

Chainlink represents a decentralized oracle network that gives smart contracts access to real-world data. To put it simply, it serves as a link between blockchain platforms and outside data sources, allowing contracts to be executed in response to real-time events, such as stock prices, weather, or sporting events. As DeFi and insurance protocols require dependable, impenetrable data feeds, LINK’s significance has only increased in 2025.

Moreover, the price of LINK frequently changes in tandem with significant advancements in its integration roadmap. Possible catalysts could include announcements of new staking mechanisms or collaborations with enterprise institutions. To profit from these occurrences, you can use trading platforms to set up real-time news alerts and monitor headlines related to LINK. It’s also a fantastic tool for relative strength trading, as it proved useful for spotting breakout opportunities early, simply by observing how LINK performs in comparison to other mid-cap assets in the Oracle and DeFi space.

Polkadot (DOT): The Origin of Multichain

By facilitating blockchain interoperability, Polkadot provides a distinctive value proposition in cryptocurrency. Polkadot’s novel parachain architecture enables multiple networks to collaborate, safely exchange data, and grow effectively. In 2025, DOT will also introduce a new generation of blockchain applications in domains like governance, gaming, and cross-chain DeFi.

Following ecosystem grants and parachain auctions is one of the smartest ways to trade Polkadot. Because of the increased network activity, these events frequently cause short-term price action. Similarly, long-term holders can also benefit from Polkadot’s staking system yields, which can be incorporated into a well-rounded trading and investing plan. In addition, traders can track DOT’s longer-term breakout patterns by zooming out or zooming in on hourly movements using the trading platform’s multi-timeframe charting features.

Honorable Mentions: Other Projects to Consider

As the space evolves, keep in mind the ever-changing dominance of crypto projects. Several new tokens are worth keeping an eye on, even though the cryptocurrencies listed above have the spotlight in market capitalization and usefulness:

Avalanche (AVAX): Known for fast, eco-friendly transactions and growing DeFi adoption.
Arbitrum (ARB): A top Layer 2 Ethereum scaling solution gaining TVL (total value locked).
Render (RNDR): Powering decentralized GPU cloud rendering and AI infrastructure.

All of these tokens are great choices for inclusion on a trading platform’s watchlist since they represent more general themes, such as AI, scalability, and energy-efficient consensus models.

Trading with BullRush

BullRush gives traders access to a full ecosystem so they can implement strategies, control risk, and remain informed. Bullrush’s trading simulator allows novice users to practice strategies without any risks. With trending coins like DOT or AVAX, this is perfect for testing breakout or range-trading strategies without the dangers of losing real money.

As the crypto market continues to develop in 2025, knowing the right tools and information can make all the difference. Whether you’re trading the gold-old-fashioned Bitcoin or exploring rising stars like Solana and Chainlink, BullRush gives you the platform and insights to make smarter, faster decisions.

Join BullRush Crypto Weekend Competitions and earn rewards, even when learning.

The post What Are Cryptocurrencies? Top Crypto in 2025 appeared first on BullRush.

How to Start Trading Crypto?

Tanya Hunchyk — Fri, 30 May 2025 04:48:49 +0000

Cryptocurrency is revolutionizing the face of how the world views money, investing, and liberty. Are you curious as to why you should pay attention to Bitcoin or just interested in learning the essentials of trading crypto? This article is for you.

What Is Cryptocurrency?

Cryptocurrency is a digital asset that operates outside of a central authority, like a government or bank. It utilizes blockchain technology to validate and secure transactions through a network of computers, rather than a central computer. This renders it decentralized, secure, and efficient.

Bitcoin was the first cryptocurrency, the most popular, and the most valuable even today. There are thousands of cryptocurrencies available today, all with different purposes and technologies.

How to Start Trading Crypto

Trading crypto is complicated initially, but the basics are simple:

Choose a trading platform or simulator (BullRush).
Sign up and get verified.
Fund your account or use a simulated balance to test drive.
Choose a cryptocurrency (Bitcoin, Ethereum).
Decide whether to go long (buy) or short (sell) based on your market perception.
Track performance and revise your strategies.

Don’t want to risk real money? BullRush’s trading simulator lets you practice with virtual money and test plans without taking cash risks.

What Sets the Cryptocurrency Price?

Cryptocurrency price is mostly governed by supply and demand, yet a few unique drivers can be the clincher:

Supply: How many of them exist and how often they’re burned or minted.
Market Capitalization: What others perceive a coin to be worth, and how fast it’s rising.
Media Coverage: Positive or negative news can shift sentiment in a day.
Adoption: Becoming part of e-commerce and apps lends credibility.
Key Events: Critical regulatory statements, hacks, or major updates.

Since cryptocurrencies are decentralized, they will react in ways different from the more conventional currencies to economic or political events.

You can hold and buy cryptocurrencies outright, or using derivatives like CFDs, where you wager on the direction of price action but don’t hold the asset.

With CFDs, your gain or loss hinges on whether you’d have predicted the direction of the price correctly — up (long) or down (short). They’re leveraged instruments, so you can finance huge trades with a tiny deposit. Remember, though: leverage both increases risk and reward.

Key Trading Crypto Terms You Should Know

Spread refers to the difference between buying and selling price. Narrow spread typically indicates a liquid market.
Lots refer to typical transaction units within which cryptocurrencies are sold and bought. Cryptocurrency lots are small due to high volatility.
Leverage enables you to buy and sell more with less capital. A 10% margin enables you to use only $100 for $1,000 worth of cryptocurrency. Warning: Leverage increases gains and losses.
Margin refers to the amount of cash that you must put up to engage in a leveraged position. Margin is typically a percentage of your total trade size.
A pip is a unit of price movement of the crypto in its price. A case in point is from $100.00 to $101.00 being one pip in some cryptocurrencies.

Why Join Crypto Competitions with BullRush?

Gamified Trading: Participate in live trading tournaments, like Crypto Weekend Competitions.
Simulated Funds: Practice trading like a pro with virtual money.
Advanced Analytics: Fine-tune strategy with precise trade information.
Skill-Based Rewards: Earn rewards, learn, and become a trading master.

Get Started in Minutes:

Open a free demo account
Practice trades with virtual funds
Participate in contests, test strategies, and improve trading skills

Final Thoughts

Cryptocurrency is more than just a hype word — it’s an economic revolution. If you want to hold, trade, or just be smart about the ecosystem, the time to start is now. Learn, practice, and grow with BullRush before venturing into the real market.

Join BullRush Crypto Weekend Competition and earn huge rewards — even when you’re still learning. Start trading crypto with BullRush today!

FAQs

What’s the difference between cryptocurrency and digital currency?

Digital currency can be anything money that’s electronic or virtual, i.e., money in a bank app. Cryptocurrency is a digital currency supported by blockchain technology and cryptographic security.

What types of cryptocurrency wallets are there?

Types are: hot wallets (connected to the internet), cold wallets (offline), and hardware wallets (physical).

What is the first cryptocurrency?

Bitcoin, developed in 2009 by Satoshi Nakamoto.

Is cryptocurrency money?

It’s not legal tender in most nations, but it is usable for payments and as an investment.

How many cryptocurrencies are there?

There are over 10,000 cryptocurrencies out there today, some large-scale, others niche or dormant.

What Is Blockchain?

A blockchain is a joint electronic ledger accounting system recording transactions in “blocks” linked in chronological order. It’s virtually tamper-proof, which is ideal for recording crypto ownership and transfers.

The post How to Start Trading Crypto? appeared first on BullRush.

Tariff Action by Trump Hits Stocks and Crypto Market

Tanya Hunchyk — Mon, 03 Feb 2025 20:51:46 +0000

After the call with US President Donald Trump on Monday February 3rd, Mexican President Claudia Sheinbaum has agreed to delay the implementation of tariffs with the United States for one month. The agreement between the presidents aims at further strengthening security between the U.S.-Mexico borders to reduce particularly the flow of illegal drugs and, more important, fentanyl, into the United States market.

Sheinbaum said in her post on X that, in the deal, Mexico would immediately send 10,000 National Guard members to its northern border. In return, the U.S. would work to combat the trafficking of high-powered weapons into Mexico. Trump later confirmed the “very friendly” conversation on his Truth Social platform and said further discussion would take place during the tariff delay. US officials, fronted by the Secretary of State Marco Rubio and Secretary of Treasury Scott Bessent, are expected to proceed with the negotiation with high-ranking representatives of Mexico.

The agreement also comes just hours before Trump announced tariffs on Mexico, Canada, and China – which were on track to come into effect for the first time. The levies included 25% imposed on goods across the border with Mexico and Canada, and also a 10% tariff imposed on imports coming from China-a total of over $2 trillion in annual trade.

Economists warn that such tariffs could trigger inflation, slow economic growth, and fire up a global trade war anew. Similarly, the crypto market followed with a nosedive amidst growing fear of increased uncertainty.

Economic Impact and Reactions

Economists have sounded the alarm over possible economic spillover from these tariffs. Goldman Sachs analysts said the tariffs were unlikely to last very long, given their potential to raise inflation and disrupt major industries. Canada and Mexico are critical to U.S. oil imports, and both are significant players in U.S. manufacturing and energy. If this tariff regime is extended, they warn it could slice 0.4% off GDP growth and push core prices up by 0.7%.

Analysts at Capital Economics believe the tariffs could instead prompt a recession in both countries. The analysts also said that the tariffs now make it less likely the Federal Reserve will cut interest rates in the near future due to inflationary pressures.

“Trump has acknowledged that there may be short-term pain for the American public, but he believes it will be worth it for long-term gains,” said one analyst.

The Global Market React

The news also dramatically shook world financial markets: US stock index futures are plummeting Sunday night, with expectations the S&P 500 could drop to levels seen around the time of the 2024 election. Equity markets across Asia and Europe are being beaten down as investors are increasingly staying away from assets tied to global trade.

Cryptocurrency markets were not immune to the uncertainty, either: Shares in crypto-linked stocks such as Coinbase, Riot Platforms, and Marathon Digital Holdings all fell in premarket trading. Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, both tumbled – Bitcoin below $100,000 for the first time in weeks.

Wolfe Research: Trump Operating With Fewer Guardrails

Analysts at Wolfe Research cautioned that Trump, in his second term, seemed to be operating with fewer constraints. They surmised that his first-term advisers would have likely pushed back against such drastic actions.

“The absence of guardrails on his administration increases the likelihood that we’ll see further tariffs on China or even global 10% tariffs, which would result in hot inflation and seriously stress the economy,” they mentioned.

That could mean the trade dispute has broader ripples across worldwide markets and the US economy. But even as Trump pledged more tariffs against the European Union, he did not say when those would kick in. That will leave markets on tenterhooks, with many investors hoping for a last-minute resolution before the full weight of the tariffs is felt.

Looking Ahead: A Full-blown Trade War?

While these tariffs on trading partners indeed mark the beginning of what many within the same circles of business and economics fear-a long trade war-already, Canada and Mexico, together with China, say they will strike back. Thus, great is the potential for a greater economic disruption. The WTO also became a likely battleground for legal challenges to the tariffs, especially from China.

The big question now is whether the U.S. will be able to de-escalate it before it does wider economic damage. Trump insists that ultimately these tariffs would help the US economy, but many analysts are afraid the shorter-term consequence may be dire.

As the global trade landscape is turning increasingly volatile, markets are bracing for what could be a tumultuous few months ahead. The tariffs are scheduled to begin on February 4 and will be closely watched by investors, economists, and governments around the world in this unfolding trade war.

The post Tariff Action by Trump Hits Stocks and Crypto Market appeared first on BullRush.

Bitcoin and Cryptocurrency Struggle in Volatile Market

Tanya Hunchyk — Mon, 27 Jan 2025 20:34:22 +0000

Bitcoin and crypto fell sharply on Monday, as it tracked a broader decline in equity markets on fears over the U.S. President Donald Trump’s tariff threats, while growing concerns about the potential implications of Chinese artificial intelligence advancements led to a spike in investor risk aversions. This retreat in the markets raises questions on the wider implications of both geopolitical and technological developments on crypto space.

Trump’s Regulatory Uncertainty Damps Market Sentiment

One key driver behind Bitcoin’s falling prices was the lack of clarity over regulation for cryptocurrencies, particularly during Trump’s week-old presidency. While last week Trump announced plans for new proposals to draft a regulatory framework for the digital asset industry, the lack of clarity over these proposals left the market spooked. In particular, his failure to directly mention Bitcoin in an executive order related to crypto regulation has sparked concerns that his policies may not be as friendly to digital assets as many had hoped.

It is less certain today whether the potential “national digital asset reserve” for Bitcoin, questions over whether it would even be so simple to set up are being asked. Any efforts to require Congressional approval for the reserve could face significant opposition from fiscally conservative lawmakers, further adding to the ambiguity surrounding Bitcoin’s future under Trump’s regulatory framework.

Moreover, Trump’s broader trade policies, including the threat of imposing tariffs on Colombia, have exacerbated geopolitical risk sentiment. Although the immediate tariff threat was defused when Colombia agreed to Trump’s terms, the mere fact that the U.S. president is willing to use trade tariffs as a political tool has left investors wary of potential broader tariff disputes, particularly with major economies such as China, Mexico, and Canada. This has created broader concerns about economic growth, which has weighed on both equity markets and crypto markets alike.

DeepSeek AI Disruption Adds to Market Volatility

Aside from concern about uncertainty in regulatory environments, Bitcoin also suffered from moves within the technology arena: the unveiling of new AI models by Chinese tech company DeepSeek. Over the past week, DeepSeek launched a new AI that it said would rival the likes of OpenAI’s ChatGPT at a fraction of the cost. The release of DeepSeek’s flagship model, DeepSeek R1, drove fears in the market about the long-term impact on U.S. tech giants like OpenAI and Meta Platforms, and concerns about the growing influence of China in the space.

DeepSeek’s traction at making AI available at high performance but at lower costs has called into question how much more of the recent AI infrastructure surge by major U.S. tech companies is needed or can be sustained. Analysts from Bernstein have recognized that DeepSeek’s models look impressive, but feel the wider market reaction to the launch of the R1 model was somewhat overblown. Bernstein analysts said the cost trajectories of AI models would continue to rise over the next few years to come, even as DeepSeek claimed it had reduced some costs as much as tenfold. A worry, they added, is that this rush of competition from DeepSeek, along with sustained increases in AI infrastructure spending, could result in an overheated market bubble that will eventually burst.

The Broader Impact of Trump’s Executive Orders on Crypto Funds

Despite volatility in both traditional equity markets and cryptocurrency markets, there has not been all doom and gloom in the crypto space. Following Trump’s most recent executive orders, net inflows to digital asset investment funds around the world from companies like BlackRock, Fidelity and Grayscale, came to a total of $1.9 billion last week. Optimistic investors bid prices up, as Trump signed a memorandum that set up a “Presidential Working Group on Digital Asset Markets” with a remit to create federal regulation on the issue of digital assets including stablecoins and including a study on whether a “strategic national digital assets stockpile” is required.

Even with these positive inflows, the general market remains extremely sensitive to exogenous factors-most especially those that are linked to Trump’s trade policies and regulatory uncertainties. With the recent White House focus on crypto regulations, many worry that further action by Trump would add further turbulence to an already turbulent market.

The Impact of the Federal Reserve’s Expected Hawkish Stance

If geopolitical risks and regulatory uncertainty weren’t enough, Bitcoin and other digital assets are facing pressure from broader macroeconomic concerns. Investors await the Federal Reserve’s meeting later in the week, when it is widely expected the central bank will leave interest rates at their current levels while maintaining its hawkish view on inflation. The decision of the Federal Reserve to go even further in the direction of policy tightening would surely make equity markets and cryptocurrencies even colder.

Interest rate hikes are sensitive to risk assets; accordingly, it could be assumed that Bitcoin might be similarly vulnerable, given the fact that higher interest rates make the cost of borrowing costlier and reduce overall market liquidity. For now, markets prepare for what could be hawkish rhetoric from the Fed that will further put pressure on riskier assets such as Bitcoin downwards. If that happens, the volatility of Bitcoin’s price will likely extend into the following weeks, given its still heightened correlation with the crypto market’s performance against the equity markets.

Final Thoughts: Navigating a Turbulent Market

From geopolitical uncertainty and regulatory ambiguity to technological disruption and macroeconomic apprehension, the storm in the cryptocurrency market seems perfect. Volatility, seen both in traditional equity markets and the crypto space, is underlined by Bitcoin’s recent pullback. While there may be a slight sense of optimism based on the new executive orders by Trump and how, for example, DeepSeek’s AI models may prove advantageous in the future, the market will continue to remain very sensitive to risk factors.

The investor class is set to watch actions by the Federal Reserve and signals from the technology industry for some sense of the next direction in Bitcoin and other cryptocurrencies. In the meantime, these complex and entwined risks could continue to shake the market around in the near term.

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TRUMP Cryptocurrency and Bitcoin’s Record High

Tanya Hunchyk — Mon, 20 Jan 2025 21:20:06 +0000

The new cryptocurrency by Donald Trump, $TRUMP, took the digital asset market by storm in a historic convergence of politics and finance. Its market value ballooned to more than $10 billion on Monday as Trump started his second term as President of the United States. Bitcoin, the flagship cryptocurrency, also touched its record high and traded at $109,071.86 just hours before the return of the White House man to his workplace.

A Meteoric Rise

Launched on Friday, $TRUMP quickly gained popularity among traders and supporters. The price went from under $10 on Saturday morning to a peak of $74.59 by Sunday evening. Retracing some, the token settled at $45.21 by midday Monday, securing a market capitalization of just over $9 billion, according to CoinMarketCap. Trading volume went as high as nearly $40 billion within 24 hours.

Trump’s “meme coin” has branding that focuses on imagery from his July 2024 assassination attempt in which he was targeted. The digital token is sold as an “expression of support for the ideals and beliefs embodied by $TRUMP”, rather than an investment.

Melania Trump Joins the Crypto Craze

Adding to the action, the First Lady Melania Trump launched her own cryptocurrency, $MELANIA, Sunday. It has quickly rallied above a $1 billion market capitalization. Both tokens are built on the Solana blockchain, which was seeing a rise in activity; its native token rose to an all-time high over the weekend at $294.33.

Paying with $TRUMP at McDonald’s

In a surprising move highlighting the token’s practical adoption, crypto payment app Oobit announced that $TRUMP is now usable for tap payments. This development enables users to make everyday purchases, including at popular chains like McDonald’s. Social media buzzed with posts celebrating the ease of saying, “I’ll pay with TRUMP,” at checkout counters, signaling a shift in how meme coins could intersect with real-world transactions.

Crypto Market Reaction

The entrance of $TRUMP and $MELANIA has electrified the cryptocurrency market. Bitcoin’s new record high reflects a broader rally fueled by expectations of a “crypto-friendly” presidency. Trump has previously pledged to position America as “the crypto capital of the world” and reduce regulatory barriers for the industry.

Regulatory and Ethical Concerns

Critics sounded alarms about the concentration of $TRUMP tokens. Given that 80% of the supply is held by CIC Digital and related parties, market manipulation fears lurk in the shadows. Others questioned whether political figures should have such an influence over speculative markets.

“The launch of $TRUMP blurs the lines between governance, profit, and influence,” said an independent crypto-analyst D’Anethan. “Regulators are unlikely to ignore this development.”

Contrary to the disclaimers on the $TRUMP and $MELANIA websites, which say that the tokens are not investments or securities, the price action has nonetheless lured in both opportunistic traders and ardent supporters. A total of 200 million $TRUMP tokens have been issued so far, while another 800 million more will be rolled out over the next three years.

The launch of these tokens also helped the Solana blockchain. In the last 48 hours, Solana processed more than $50 billion in trading volume, sending its token up 20%. According to analysts, this kind of activity will put Solana in the big leagues of the blockchain world.

Looking Ahead

The possible introduction of $TRUMP and $MELANIA may be the dawn of a new paradigm for the cryptocurrency sector. According to various experts, this may bring about a shift in regulatory approaches as governments start considering digital assets as a vehicle to directly interact with their citizens.

The next few days will probably be about how CIC Digital and connected insiders handle their large token holdings. Analysts believe that these assets may be used as collateral for financial projects, as engagement rewards for supporters, or to fund future political initiatives.

In other words, entering the White House with his personal cryptocurrency in hand marks a new chapter that analysts now describe as “a chaotic new era” for digital assets. Attention-grabbing in its display, it nonetheless hints at a strong influence that cryptocurrencies are gradually starting to wield on the political and economic arenas.

With Bitcoin‘s record highs and the emergence of $TRUMP dominating the headlines, this cryptocurrency industry has reached a turning point. Whether this new chapter will bring further adoption or further regulatory crackdowns, only time will tell, but at least one thing is certain: it is the meeting of politics and digital assets that is revolutionizing the financial landscape.

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North Korean Hackers Steal $2.2 Billion in Crypto

Tanya Hunchyk — Mon, 23 Dec 2024 20:29:54 +0000

Crypto theft leapt to an all-time high of 2.2 billion (£1.76bn) in 2024, with more than half the losses to blame on North Korean hackers, according to a new report from research of Chainalysis. North Korean cyber-criminals affiliated with its state stole $1.3 billion in digital currencies, more than twice as much as they netted the previous year, the study said.

Sophisticated Cyber Tactics

It focused on some of the most sophisticated methods being employed by North Korean hackers while disguising themselves as remote IT workers in trying to penetrate crypto and tech companies. Such methods have so far been successful in passing through the securities that bar them from penetrating into key systems.

Rising Threat to the Crypto Industry

The total cryptocurrency stolen in 2024 remains below peak levels reached in both years of 2021 and 2022 but is up 21% from 2023. Chainalysis said this call should ring the alarm through the industry for the need to address this ever-evolving cyber threat.

The increase in stolen crypto in 2024 underscores the need for the industry to address an increasingly complex and evolving threat landscape, it is said in the report.

Private Key Vulnerabilities

Most of the digital currency stolen this year has been due to the compromise of private keys that allowed thieves to access users’ funds in crypto platforms. Indeed, the report points out the extent of the damage caused by private key compromises, especially to the centralized exchanges holding large portions of user funds.

Major Incidents in 2024

Among the major thefts were:

DMM Bitcoin (Japan): $300 million in bitcoin was stolen.
WazirX – India: About US$ 235 million were lost.

These above incidents indicate the loopholes, even in some of the leading crypto exchanges in the world.

North Korea Cyber Crime Network

The US administration has accused North Korea of using cryptocurrency theft and cybercrime for bypassing international sanctions to finance its weapons programmes.

Last week, a federal court in St. Louis indicted 14 North Koreans for organizing a long-running scheme to extort money from US companies and send it to Pyongyang’s weapons programmes. The US State Department said it would pay a reward of as much as $5 million for information about the scheme.

Surge in Bitcoin Amid Concerns

Meanwhile, the emergence of more threats has pushed up cryptocurrencies in general. Bitcoin has more than doubled in price this year partly due to expectations of a more crypto-friendly administration from incoming US President Donald Trump. The surge in thefts brings forward the demand for greater security and coordination of efforts worldwide against the cyber threat within an increasingly digital financial space.

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Bitcoin Soars as Trump’s Election Sparks Crypto Rally

Roberta West — Mon, 11 Nov 2024 19:24:38 +0000

Key Takeaways:

New High for Bitcoin on Trump’s Pro-Crypto Policies: Bitcoin surged to a record on prospects that a second Trump term will lead to crypto-friendly regulations.
DOGE Blasts to 3-Year High: Dogecoin surges to a three-year high while the general crypto market grows on renewed optimism among investors.
Trading opportunities by BullRush: with the help of trading competitions provided by BullRush, a trader could exploit those highly volatile moments that happen upon the emergence of some key economic events.

Bitcoin Reaches Record $84K, Trump’s Victory Drives Crypto Optimism

Bitcoin surged to an estimated record high of over $84K on Monday, continuing its strong rally since the victory of Donald Trump in the U.S. presidential election of 2024. It was trading at $84,613 at 1:00 PM ET, extending its lead among the dominant digital assets. This surge marks an amazing jump from recent weeks, driven by fresh optimism in the crypto market and expectations of friendlier policy toward digital assets with Trump at the helm.

Meanwhile, Dogecoin has continued its upward momentum, reaching a three-year high, as the broader cryptocurrency market enjoys the tailwinds of a post-election surge.

Trump’s Victory Sparks Crypto Optimism

The rise by Bitcoin is largely attributed to expectations that Trump will enact pro-crypto policies in his second term. Throughout his campaign, Trump touted plans to make the U.S. the global leader in crypto and blockchain technology. Confidence in Bitcoin surged in expectation of far more crypto-friendly regulationThe new optimism is feeding into institutional interest as several big players bet on a future when cryptocurrencies will become much more deeply integrated into the global financial system.

While the market digests Trump’s victory, many are betting on a prolonged bull run that sees Bitcoin and other leading digital currencies benefit from favorable government policies that encourage innovation and investment in space.

Unprecedented Bitcoin ETF Inflows

Along with the surge of Bitcoin, cryptocurrency ETFs have also seen huge inflows. Bitcoin ETFs hit a record $1.38 billion of investments last Thursday, with BlackRock’s iShares Bitcoin Trust hauling in the lion’s share. The IBIT now is an ETF with $34.1 billion in assets, which is even higher than BlackRock’s gold ETF managing $33 billion.

These inflows are a signal of increasing institutional adoption as more traditional investors seek ways to get exposed to Bitcoin through regulated financial products. With the upward momentum in Bitcoin showing no signs of abating, these ETFs will inevitably continue to see substantial capital coming in from both institutional and retail investors alike.

News Trading: Dive into the Action with BullRush

An exciting opportunity for traders, the increase in price within Bitcoin and other wide crypto markets, helps you to make the most out of the moments that involve high volatility. To take trading to the next level, news trading is the place to be. News trading is one of the most intense forms of market engagement that a trader will experience, requiring quick responses to economic announcements and high-impact news events driving rapid moves in the markets.

However, for many brokers and proprietary trading firms, you are not allowed to trade during such crucial moments. At BullRush, we embrace the fast-moving nature of news trading, and in fact pioneered the world’s first-ever news trading competition!

They run parallel to the major economic events and last for only an hour, supercharging the atmosphere into one of high-octane adrenaline. Real-time market volatility trading intensity is second to none, and BullRush “Trade The News” competitions just provide that platform where you test your trading strategies against other traders in scenarios mimicking real events on the markets, like the CPI reports, Non-Farm Payrolls, and releases of the PMI.

Why take part in BullRush News Trading Competitions?

Live Market Conditions: Trade against a live market that is being affected right now by economic events taking place across the world.
Skill & Strategy: Test your abilities against turbulent markets and rapid decision-making to take advantage of such turbulence.
Racing Competitions: Take up the challenge against everyone else in high-pressure during trading competitions.

This November, get ready for a month of high-volatility action in the financial markets, and turn that excitement into instant rewards with BullRush’s “Trade The News” competitions. Nothing quite compares to the thrill of trading during high-impact economic releases while you watch your strategy unfold right before your eyes. It is fast, it is intense, and with the right approach, those moments can turn into BIG rewards.

The Future of Bitcoin and Crypto Markets

While Bitcoin’s continued new highs remain in place, all eyes will now be on the resulting effects that new policy changes from the Trump administration will have on the market. Analysts keenly await any indications or signs from regulators, to show what lies in store for the future of digital currencies. If these crypto-friendly policies do come out as anticipated, Bitcoin will be used even more widely, fueling the current surge even further.

At the same time, Dogecoin’s growth underlines the broader excitement in the crypto space. With Bitcoin and other altcoins slowly building value, traders and investors alike are seeking ways to tap into the growth of the broader crypto ecosystem.

Ready to take the next step? Join BullRush trading competitions and become a master of different trading strategies starting today!

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EU Trusted Investors Network: Blockchain & Tech Startups

Roberta West — Tue, 22 Oct 2024 15:29:36 +0000

Key Takeaways:

$100 Billion Initiative: The EU spearheaded the “Trusted Investors Network” with a $100 billion fund to accelerate the growth of deep tech startups, especially from blockchain and cryptocurrency sectors.
Deep Tech and Blockchain Focus: It will target innovative startups in the deep tech sector-particularly those that will affect the future of blockchain technology and cryptocurrency markets-as part of its aim to ramp up the tech ecosystem in Europe.

The European Union unveiled its $100 billion for the new initiative “Trusted Investors Network” in a proposal to accelerate growth amongst deep-tech startups while fostering the next generation of leaders for European tech and blockchain cryptocurrency innovation.

Boosting Blockchain and Cryptocurrency Startups in Europe

The European Commission, on October 21, proposed the “Trusted Investors Network” so as to turbocharge growth in Europe’s deep tech sector. This is going to help startups dealing with technologies such as blockchain and generally having a very strong influence on cryptocurrency and also trading markets. The EU is seeking huge investments that will enable trading and deep tech firms to scale up fast.

Backed by the EIC Fund, the network is composed of 71 investors, including Bpifrance, Atomico, and Sofinnova, with over €90 billion of assets under management, which, together with the EIC Fund will provide co-investment opportunities to the benefit of those start-ups.

The EU commissioner for research, innovation and education Iliana Ivanova commented, underlining that the Trusted Investors Network will bridge funding gaps facing so many tech companies: “With the Trusted Investors Network, we are taking a significant step to enhance Europe’s innovation ecosystem and ensure that our most promising companies have the capital and support they need to scale up”.

Scaling of European Startups

The EIC Fund has already invested close to €1 billion in more than 250 startups. With the Trusted Investors Network launched, co-investments will increase even further with the goal of giving innovative companies an even greater boost.

This launch ran side by side with the first EIC Scaling Summit, bringing together 120 promising startups ready to take the lead in the European tech scene. Of these, 72 were admitted into the EIC Scaling Club-a program specifically designed to support scaling by startups. The EIC aims to bring 20% of those startups into unicorn territory, defined as achieving more than €1 billion in valuation. Together, the members of the Scaling Club have raised more than €73 million-or around $79 million-in funding, while further investment rounds are expected soon.

EU Incentivizes Innovation in Blockchain

The European Union has been a strong supporter of blockchain technology and has nurtured its growth through policy, legislation, and finance. The Trusted Investors Network also intends to support startups with applications of blockchain technology as another way to spur more development in the decentralized space.

The Commission itself issued around €180 million ($195 million) in grants under the Horizon 2020 program to fund blockchain research and development between 2016 and 2020. Regulations in Europe continue to support innovation in the blockchain space with grants and incentives to invest through programs like Horizon.

The EU continues to have active partnerships with the blockchain community through organizations such as the International Association of Trusted Blockchain Applications (INABA) and the European Blockchain Observatory and Forum to bring about constant contact and development within the area of blockchain.

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