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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.
- 01:16MetaMask to Support Native SOL This MonthAccording to the co-founder of MetaMask, native SOL support is planned for this month.
- 01:16Grayscale's Head of Research: Bullish on Bitcoin from a Macro PerspectiveBitcoin's dominance in the cryptocurrency market has recently declined, but analysts point out that this does not necessarily mean an "altcoin season" is imminent. Grayscale's Head of Research, Zach Pandl, stated that Bitcoin's dominance might increase when the market focuses on macroeconomic instability and risks facing the dollar; however, when the market focuses on various applications of blockchain technology and innovations in the crypto space, Bitcoin's dominance may decrease. Zach Pandl added that from a macro perspective, he remains bullish on Bitcoin; while from the standpoint of technological development and user adoption, he is also optimistic about altcoins.
- 01:15The price of 1 Bitcoin is approximately equal to the price of 1 kilogram of goldMarket data shows that the current price of 1 Bitcoin is around $102,900, which is almost equivalent to the price of 1 kilogram of gold.