|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
BCH, TON, ATOM Set to Surge as Trump Presidency Promises Crypto-Friendly Legislation
Jan 16, 2025 at 02:15 am
The cryptocurrency market is buzzing with anticipation with speculation around President Trump's potential impact on the digital asset landscape.
Anticipation is building in the cryptocurrency market as traders speculate on how President Trump will impact the digital asset landscape. Bitcoin Cash, Toncoin, and Cosmos are emerging as focal points for traders seeking substantial returns.
According to analysts, Donald Trump's inauguration could trigger a bullish surge in the cryptocurrency market. News reports suggest that Trump will announce crypto-friendly legislation on his first day in office. David Sacks, a Silicon Valley investor and incoming AI and Crypto Czar, is also hosting a Crypto Ball to celebrate Trump's inauguration.
The Crypto Ball Invitation, Source: X
Trump's proposed Bitcoin Price Act may establish a strategic national reserve for Bitcoin, introducing new demand to the broader market. Many traders believe this policy shift will counterbalance government-driven sell pressure, which continues to influence Bitcoin's near-term movements. Any official confirmation, they say, could lift sentiment around key altcoins like Bitcoin Cash, Toncoin, XRP, and Cosmos. It will almost certainly boost the Bitcoin price to new all-time highs, with alt coins to follow higher.
Bitcoin Cash (BCH): Ready To Blast Off
Bitcoin Cash (BCH) is a cryptocurrency that emerged from the 2017 Bitcoin fork. It has consistently demonstrated itself to be a fast and cheap digital asset. As a “peer-to-peer electronic cash” system, BCH aims to resolve Bitcoin's scalability and speed issues. With its focus on faster and cheaper transactions, Bitcoin Cash is a great option for users and merchants worldwide.
Bitcoin Cash monthly price action. Source: Bravenewcoin
Currently, at $439.71, it’s way below its all-time high of $4,355. Big upside potential! With block sizes of up to 32 MB, BCH processes transactions faster than Bitcoin, which makes it perfect for everyday payments. Over 5,000 merchants worldwide now accept BCH, and it's becoming more useful. With a circulating supply of 19.5 million coins, BCH’s scarcity is similar to that of Bitcoin.
Recently, BCH had a big price jump, from $337 to over $640, up over 100%. Analysts predict BCH will be between $530.23 and $929.83 in 2025, with a peak in April of a 104.15% increase. There is some serious momentum in the BCH market.
BCH is expanding its use cases and is a serious player in the DeFi space. The network has smart contract capabilities and is getting traction for real world use cases like global money transfers and e-commerce payments. BCH’s low fees and fast processing times make it perfect for everyday transactions like cross-border payments and in-store purchases.
The Bitcoin Cash ecosystem has an active community that’s always innovating. With each update the network gets better scalability, security, and overall performance, so BCH is seen as a strong potential investment.
The Bitcoin Cash Node (BCHN) project has released its minor update, 28.0.1. This is part of the continuous improvements to the network to make it more secure, scalable and overall better. Updates like this make BCH a rapidly changing blockchain and an excellent investment to consider for those wondering what crypto to buy now.
Toncoin: Toncoin Could Go To $70
Toncoin stands out in the cryptocurrency space with a super fast blockchain that can process millions of transactions per second. This is backed by a unique staking system that rewards long-term holders, with over 75% of the total TON supply staked. This level of community engagement means investors have a lot of trust and confidence in Toncoin and makes it a solid platform for dApps.
Toncoin monthly price action. Source: Bravenewcoin
Toncoin’s recent partnerships with app developers have added more utility and credibility to the platform. TON wallets being integrated into more and more apps means users can access and manage their assets more easily and will lead to wider adoption and utility.
Currently, at $5.36, Toncoin has sustained momentum above $5.0, which is the key support level. According to market analysts, the surge for $TON is about to commence with an anticipated price target of $10. This is strong market confidence and Toncoin is set to go even higher.
According to an analysis from Burakkesmeci, if this momentum and ecosystem development continues, especially within Telegram’s massive user base, Toncoin could go to $70.
Investing $500 in Toncoin today could be very profitable. With experts predicting a price of $70, that’s a return of $10,000. This is based on current adoption rates, the U.S. expansion plan, and the upcoming Trump presidency.
Manuel Stotz being appointed as
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Sign Raises $50M to Help Crypto Founders Safely Launch Tokens and Conduct Airdrops
- Jan 29, 2025 at 09:05 am
- The investment in Sign comes at a time when the number of token launches are exploding. As it becomes easier to launch new cryptocurrencies using AI and other tools, there are about 1 million new cryptocurrencies created each week
-
- This American Bison Coin Is Worth Over $1,000
- Jan 29, 2025 at 09:00 am
- The 2005 American Bison Nickel, part of the U.S. Mint’s Westward Journey series, has gained significant attention among coin collectors. Some of these coins have errors that can make them worth over $1,000, making them highly sought after. If you’re wondering how to spot these valuable coins, you’ve come to the right place.
-
- Amid AI Token Market Chaos, MIND of Pepe Gains Traction as a Potential Game-Changer
- Jan 29, 2025 at 08:50 am
- AI-related cryptocurrencies took a hit as DeepSeek's cost-efficient model rattled the market. Amid the sell-off, MIND of Pepe is gaining traction as a potential game-changer, blending meme culture with advanced AI technology.