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Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025
Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025

Yahoo

time18 hours ago

  • Business
  • Yahoo

Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025

Almost 16,000 Bitcoin (BTC-USD) holders have joined the millionaires' club between 20 January and 20 July 2025, according to a new report from Finbold. The 15,841 new additions bring the total number of Bitcoin millionaires to 192,205, an increase of 9% in just six months and an average of 88 new millionaires every day. The report noted that large investors with Bitcoin holdings exceeding $10 million (€8.5M) also benefited greatly, with their profits increasing by more than 16% over the same period. Related Bitcoin bubble? How much more is it expected to rise in 2025? The platform attributed the boom in the cryptocurrency market to Trump's support for the sector and the optimism that has gripped the markets since the beginning of his second term, explaining that the day after his election victory was announced in November 2024, there were just 132,842 Bitcoin wallets belonging to millionaires. This momentum has continued to grow, and about 6 months after the Republican leader took office, the number of millionaire crypto investors has risen by more than 59,000, an indication of market activity and investor confidence. This effect is attributed to regulatory policies encouraged by the Trump administration. Earlier in the week, the US House of Representatives passed the first major legislation regulating cryptocurrencies in the country, dubbed Genius. The legislation is seen as a turning point for the digital asset sector, providing a long-awaited clear legal framework for taxation, stablecoin issuance, and institutional custody rules. Sign up for the Yahoo Finance Morning Brief By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy

Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025
Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025

Euronews

time19 hours ago

  • Business
  • Euronews

Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025

Almost 16,000 Bitcoin holders have joined the millionaires' club between 20 January and 20 July 2025, according to a new report from Finbold. The 15,841 new additions bring the total number of Bitcoin millionaires to 192,205, an increase of 9% in just six months and an average of 88 new millionaires every day. The report noted that large investors with Bitcoin holdings exceeding $10 million (€8.5M) also benefited greatly, with their profits increasing by more than 16% over the same period. The platform attributed the boom in the cryptocurrency market to Trump's support for the sector and the optimism that has gripped the markets since the beginning of his second term, explaining that the day after his election victory was announced in November 2024, there were just 132,842 Bitcoin wallets belonging to millionaires. This momentum has continued to grow, and about 6 months after the Republican leader took office, the number of millionaire crypto investors has risen by more than 59,000, an indication of market activity and investor confidence. This effect is attributed to regulatory policies encouraged by the Trump administration. Earlier in the week, the US House of Representatives passed the first major legislation regulating cryptocurrencies in the country, dubbed Genius. The legislation is seen as a turning point for the digital asset sector, providing a long-awaited clear legal framework for taxation, stablecoin issuance, and institutional custody rules.

Little Pepe (LILPEPE) Over Shiba Inu and XRP Instead Of Ethereum, Elite Trader Identifies the Best Cryptos to Invest in This July
Little Pepe (LILPEPE) Over Shiba Inu and XRP Instead Of Ethereum, Elite Trader Identifies the Best Cryptos to Invest in This July

Time of India

time15-07-2025

  • Business
  • Time of India

Little Pepe (LILPEPE) Over Shiba Inu and XRP Instead Of Ethereum, Elite Trader Identifies the Best Cryptos to Invest in This July

Ethereum may still power DeFi and NFTs, while Shiba Inu aims to reclaim the $0.000080 mark, and XRP is enjoying momentum from its courtroom victories. But this July, an elite trader is putting all eyes on Little Pepe (LILPEPE) — a meme coin-turned Layer 2 token that's not just catching up but sprinting ahead. Ethereum's Solid Legacy Can't Compete With Viral Velocity Ethereum remains the backbone of decentralized finance, but it has reached a level of maturity that limits the potential for wild short-term returns. The spotlight is now turning to fresh tokens with higher upside — and that's where LILPEPE is rewriting the playbook. With over $4.475 million raised and 3.75 billion tokens sold, LILPEPE has ignited intense FOMO. Now, in Stage 5, priced at just $0.0014, another 1.5 billion tokens are on the table. With a confirmed listing price of $0.003, investors can lock in 114.28% gains before LILPEPE even hits the market. Projections suggest it could soar to $0.100, delivering 71x gains by Q3 2025. Shiba Inu and XRP Feel Familiar, But LILPEPE Feels Fast Yes, Shiba Inu is showing signs of strength and could retake its $0.000080 peak in 2025. XRP has a strong case as one of the most resilient large-cap coins available. But neither of them is expected to deliver the sheer rocket-fueled momentum that LILPEPE promises. A growing wave of traders agree. Several whale transactions were spotted during LILPEPE's Stage 4, including a top whale who scooped up $4,896.95 (1.91 ETH) worth of tokens—all before the next stage even began. That kind of conviction doesn't come from hype alone. It's driven by vision. Why LILPEPE Has Become The Top Crypto Bet of July LILPEPE is more than just a meme—it's a fully operational Layer 2 blockchain built on Ethereum, designed for fast transactions, low gas fees, and real-world utility. It offers zero tax on buys and sells, anti-snipe protection, and a community-first model that's winning over both retail and institutional buyers. What makes it stand out is its infrastructure. Backed by real scalability and Ethereum compatibility, it's no surprise that publications like IndiaTimes and Finbold are spotlighting it as the most promising crypto pick of the moment. And while big tokens move slowly, LILPEPE is racing. Its momentum is now being documented across the space—from Blockchain Reporter to DLNews and beyond. The Giveaway That's Fueling Even More Frenzy LILPEPE isn't just growing through utility and savvy investors—it's feeding the fire with a $770,000 giveaway hosted right on its official site. Ten lucky winners will each receive $77,000 worth of LILPEPE tokens, making it one of the most generous token launches of the year. It's no wonder LILPEPE keeps making it onto every 'top crypto' list, including IndiaTimes' roundup of July's must-watch tokens and The Crypto Basic's recent coverage of trader portfolios rotating out of large caps. Final Thoughts: Why You Don't Want to Miss This Ethereum is established. Shiba Inu and XRP are consistent. But LILPEPE is explosive. With an aggressive roadmap, real Layer 2 architecture, and a buzzing community, it's becoming the sleeper hit of the year. The best part? Stage 5 is now open, and once it sells out, the price will increase again. Buying at $0.0014 means locking in 114% before launch and potentially 7,097% growth post-launch if the forecasted $0.100 ATH becomes reality. In a cycle that rewards early movers and fearless bets, LILPEPE is that one token you'll regret not getting in early on. And with analysts calling for over 71x gains, the opportunity won't last long. Want in? Visit the LILPEPE website and join the presale before the next wave of whales floods in. For more information about Little Pepe (LILPEPE) visit the links below: Website: Whitepaper: Telegram: Twitter/X:

XRP Bounces Back as Bulls Defend Key Technical Support
XRP Bounces Back as Bulls Defend Key Technical Support

Yahoo

time27-05-2025

  • Business
  • Yahoo

XRP Bounces Back as Bulls Defend Key Technical Support

Global economic tensions and trade disputes continue to influence cryptocurrency markets, with XRP demonstrating remarkable resilience despite recent capital outflows. The digital asset saw its market capitalization fluctuate from $137.5 billion to $133.39 billion before partially recovering to $135.86 billion, highlighting the ongoing volatility. Despite these challenges, XRP maintains position above critical technical support levels including the 50-day SMA at $2.26, suggesting underlying strength in its market structure. Technical Analysis Highlights Price range: XRP traded between $2.275 and $2.356, representing a 3.56% range over 24 hours. Volume support: Significant volume spike to 71.18M at the $2.275 level during the 01:00 hour on May 27. Consolidation pattern: Hours following the initial support showed price consolidation before renewed buying. Secondary volume surge: Another high-volume increase to 74.36M during the 13:00 hour pushed prices toward range highs. Key resistance: Established at $2.355-$2.356 level. Support zone: Strong support identified at $2.275-$2.290 range. Hourly volatility: Notable price surge from $2.330 to $2.356 between 13:08-13:18. Volume confirmation: Exceptional volume spike of 6.28M at 13:13 supported the rally. Correction support: Price found support at $2.324 around 13:51 before recovering. Bullish pattern: Formation of a channel pattern with higher lows suggesting continued positive momentum. External References "Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis", CryptoPotato, published May 26, 2025. "XRP price prediction as over $4 billion outflows in a day", Finbold, published May 27, 2025. "XRP ($XRP) Price Prediction for May 28: Can Bulls Reclaim $2.32 After Prolonged Decline?", Coin Edition, published May 27, 2025. "XRP Price Prediction For May 27", CoinPedia, published May 27, 2025.

XRP Price Slips as Bearish Chart Pattern Points to $2.00 Target
XRP Price Slips as Bearish Chart Pattern Points to $2.00 Target

Yahoo

time20-05-2025

  • Business
  • Yahoo

XRP Price Slips as Bearish Chart Pattern Points to $2.00 Target

Global economic uncertainties are weighing heavily on cryptocurrency markets, with XRP experiencing significant selling pressure after failing to maintain momentum above $2.40. The digital asset has formed a bearish head-and-shoulders pattern on short-term charts, with high-volume selling emerging precisely when testing key resistance levels. Multiple analysts, including Ali Martinez, warn that losing the critical $2.30 support could trigger a substantial decline toward the $2.00 mark. Technical Analysis Highlights XRP formed a distinct head-and-shoulders pattern after rallying to a peak of $2.411 before declining 3.38% to $2.330. Significant resistance established at the $2.40 level with high-volume selling pressure. Support at $2.345 was tested multiple times before breaking during the 13:00 hour with volume surging 23% above the 24-hour average. Price declined from $2.341 to $2.329 in the last hour of trading, representing a 0.5% drop. Significant volume spike occurred at 13:35 when price plummeted from $2.345 to $2.337, accompanied by over 2.1 million in volume. Multiple failed attempts to recover above $2.340 between 13:38-13:41 created a lower high pattern. Renewed selling pressure emerged at 13:47-13:50, driving XRP to session lows near $2.326 with elevated volume confirming distribution. External References "XRP flashes crash signal with drop to $2 in sight", Finbold, published May 19, 2025. "XRP (XRP) Price Prediction for May 20", Coin Edition, published May 19, 2025. "2 Critical Warnings for Ripple's (XRP) Price: Details", CryptoPotato, published May 19, 2025. "XRP Price Confirms Bullish Reversal Setup With This Demand Zone", NewsBTC, published May 20, 2025.

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