Bitcoin surges past $70k momentarily fueled by election optimism and favorable technical indicators according to Investing.com

Bitcoin surges past k momentarily fueled by election optimism and favorable technical indicators according to Investing.com

Bitcoin surged in evening trading on Monday, briefly surpassing key levels amidst increasing speculation of a Republican victory in the upcoming U.S. elections. Positive technical indicators also contributed to its strength. The cryptocurrency rose by up to 3% to reach a three-month high of $70,203.4, disregarding recent concerns surrounding reports of the U.S. government investigating … Read more

Solana surges 19% due to a surge in AI memecoin excitement

Solana surges 19% due to a surge in AI memecoin excitement

Solana, the third most popular blockchain, has experienced significant growth in recent weeks due to the emergence of AI memecoins, a new niche in the crypto world that combines artificial intelligence with cryptocurrencies based on internet jokes. This surge has propelled Sol, the native token of the Solana blockchain where many memecoins are developed, to … Read more

Asian markets fluctuate; bitcoin surges on ‘Trump trade’

Asian markets fluctuate; bitcoin surges on ‘Trump trade’

Asia shares fluctuated on Monday, with pressure from weakness in Chinese stocks, while bitcoin reached a three-month peak as Trump trades continued to gain momentum. Gold reached another record high due to conflict in the Middle East and the closely contested U.S. presidential election, with the yellow metal expected to remain popular amid global uncertainty. … Read more

Asian Stocks Stabilize, Gold Surges to All-Time High: Market Recap

Asian Stocks Stabilize, Gold Surges to All-Time High: Market Recap

Asia’s main stock index was trading within a narrow range on Monday, while gold reached a record high due to heightened tensions in the Middle East, leading to increased demand for the precious metal as a safe haven. Australian stocks saw gains, while Japanese equities slipped and Hong Kong equity futures indicated potential declines. Meanwhile, … Read more

Dogecoin surges by 15% after Elon Musk responds with ‘D.O.G.E’ to query on planned Department of Government Efficiency

Dogecoin surges by 15% after Elon Musk responds with ‘D.O.G.E’ to query on planned Department of Government Efficiency

Elon Musk recently hosted a town hall in Folsom, Pennsylvania, where he made a mention of Dogecoin, leading to a 15% surge in the price of the memecoin within 24 hours. During the event, while discussing Donald Trump’s presidential candidacy, an audience member inquired about Musk’s idea of establishing a “Department of Government Efficiency.” In … Read more