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Showing posts with the label trump administration

Shiba Inu: When Will SHIB Claim A New High? Contemporary Timeline Reveals

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Shiba Inu (SHIB) is currently busy picking up its lost pace. The token is currently sitting at $0.00001453, up 5% in the last 24 hours. The mild surge can be attributed to the recent crypto reserve announcement that has taken the market by surprise as of late. While the expectations of building a crypto reserve by the Trump administration were always on the cards, the official announcement has led the market to witness a positive price change, with coins like Shiba Inu flashing green in the process. But amid such bullish developments, will SHIB be able to truly deliver a new high soon? Also Read: Ripple: AI Predicts XRP’s Price Post Trump’s Crypto Summit On March 7, 2025 Shiba Inu: Crypto Reserve Pushes The Token To Note A Mild Surge Source: Watcher Guru In a latest new milestone, Donald Trump announced the launch of a crypto reserve comprising major league currencies like Bitcoin, Ethereum, Solana, Ripple, and Cardano. The inclusion of Ethereum (ETH) in particular helped Shiba Inu (SH...

Bitcoin Jumps After SEC Chair Steps Down: Will BTC Reach $100K?

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Bitcoin is back on the rise today following the latest announcement by the SEC that its chair Gary Gensler will be stepping down from his post. In a move that came following mounting pressure, Gary Gensler announced he is officially stepping down from his role as chairman on January 20th. There has been growing speculation on his future in the SEC and a potential replacement since Donald Trump won the US election, and now the Chair has stamped his future. The news of Gensler stepping down from the SEC was a big win for crypto enthusiasts and investors. His resignation comes after a reign as chair where he made crypto regulation a priority, putting the hammer down on Bitcoin ETFs and crypto crime. With Trump’s cabinet being much more crypto-friendly, Gensler’s position in the SEC was always under threat. He ran the SEC as an anti-crypto unit, prolonging the approval of crypto ETFs and pursuing multiple lawsuits against crypto companies. Even the rest of the US government agr...