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The Official TRUMP Meme Coin: What It Is, How to Buy, and Airdrop Events

The cryptocurrency world has seen countless meme coins come and go, but few have had the impact or the publicity of the Official TRUMP Meme Coin. Launched by the 45th President of the United States, Donald Trump, the coin has captured the attention of both crypto enthusiasts and political supporters alike. Let’s dive into what the TRUMP meme coin is, how to buy it on Bitget, and the exciting airdrop event surrounding it. Key Takeaways ● The Official Trump Meme Coin (TRUMP) was launched to celebrate Donald Trump’s presidential victory and upcoming inauguration, gaining significant attention and reaching a market cap of $11.7 billion within three days. ● Built on the Solana blockchain, TRUMP offers fast transactions and low fees, with an initial supply of 200 million tokens set to increase to 1 billion over three years, but 80% is controlled by Trump-affiliated entities. ● Early supporters were rewarded with an airdrop, and those who purchased Trump-branded merchandise were also eligible for free tokens. ● While TRUMP has gained momentum, its future depends on political events, public sentiment, and its community's engagement, with risks inherent in the volatility of meme coins. What is the Official Trump (TRUMP) Meme coin? The Official Trump Meme (TRUMP) is a meme coin created by Donald Trump to celebrate his presidential election victory and upcoming inauguration for a second term. Despite its lighthearted branding, the TRUMP token has proven to be a serious contender in the crypto world, boasting a market capitalization of $11.7 billion within just three days of its launch. The coin is built on the Solana blockchain, a popular platform known for its fast transactions and low fees. The coin's launch was heavily publicized through Donald Trump’s official social media accounts, including Truth Social and X (formerly Twitter). Trump’s announcement read: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” This was followed by promotions offering rewards such as an airdrop for the first 2,500 participants. While the project has drawn significant attention and achieved rapid market gains, reactions have been mixed. Supporters view it as a bold move to energize Trump’s base, while critics question its ethical implications and long-term viability. Buy TRUMP now with a Credit/ Debit Card or Crypto! Who created the Official Trump Meme Coin ($TRUMP)? The TRUMP Meme Coin was partly coordinated by CIC Digital LLC, a company affiliated with Trump’s business empire, The Trump Organization. Another key player behind the coin is Fight Fight Fight LLC, a Delaware-based company established earlier this month. Both entities hold 80% of the token’s total supply, giving them significant control over the coin's future direction. While the exact identities of the developers behind TRUMP remain unclear, it is evident that the project benefits from Trump’s massive global following and the branding power of his name. The coin’s website uses imagery and slogans associated with Trump’s political career, such as references to his resilience following an attempted assassination and his iconic rallying cries like “WINNING.” How The Official Trump Meme ($TRUMP) Works The TRUMP Meme Coin was launched with an initial supply of 200 million tokens, which will expand to 1 billion tokens over the next three years. This gradual increase in supply is designed to ensure liquidity while maintaining scarcity, a factor that often drives up the value of cryptocurrencies. One unique feature of TRUMP is its meme-based appeal. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are often used for financial transactions or building decentralized applications, meme coins rely heavily on social media buzz and community engagement. In the case of TRUMP, the coin has gained momentum through its association with Donald Trump’s larger-than-life persona and his promise to make America the “crypto capital of the planet.” The coin’s website explicitly states that TRUMP is not intended as an investment opportunity or a security. Instead, it positions itself as a “fun and celebratory token” that reflects Trump’s vision for the future of cryptocurrency. However, the token’s soaring price and trading volume—reaching $52.5 billion in 24 hours—suggest that many investors see significant financial potential in this new digital asset. Adding to the excitement is the launch of a separate cryptocurrency by Melania Trump, called MELANIA, which has also gained traction in the market. Together, the two tokens have created a family-driven crypto phenomenon that has captured the public’s imagination. While the TRUMP Meme Coin has generated significant excitement, it also raises important ethical and regulatory questions. Critics argue that public figures like Trump wield enormous influence in speculative markets, which could lead to manipulation or unfair practices. Some analysts worry that the coin’s popularity is driven more by hype than by real-world utility, making it a risky investment for those hoping to profit from its rise. The coin’s ownership structure is another point of concern. With 80% of the tokens held by Trump-affiliated companies, there is a lack of decentralization, which goes against one of the core principles of cryptocurrencies. This concentration of ownership could lead to price manipulation or other issues in the future. The Community Behind TRUMP Coin The community surrounding the TRUMP meme coin plays a vital role in its growth and success. It consists of a mix of Trump supporters and crypto enthusiasts who share a common interest in the coin’s future. This community thrives on social media platforms like Twitter, Reddit, and Telegram, where they engage in discussions, share memes, and even organize events to promote the coin. A strong community can make or break the success of a meme coin, and the TRUMP coin has seen enthusiastic participation from its members. It’s not just about financial gain—many supporters view the coin as a form of political activism, using it to rally behind Trump’s vision for the future. Is $TRUMP Legit? OFFICIAL TRUMP is widely believed to be legitimate, with its launch announced through Donald Trump’s verified social media accounts and backed by entities like CIC Digital LLC, which also managed his previous NFT projects. The project’s infrastructure and tokenomics, including a controlled release schedule, align with its claims of being an official venture. Despite these signs, concerns remain over its centralized ownership, meme coin volatility, and potential regulatory scrutiny. While no evidence suggests Trump’s accounts were compromised, the speculative nature of the project urges investors to proceed with caution and conduct thorough research. TRUMP’s Impact on Cryptocurrency Markets TRUMP’s initial launch was explosive. The price surged rapidly, reaching as high as $75.26 in just a few hours. However, as with most meme coins, the price didn’t stay high for long. It later stabilized around $11.42, showing the typical volatility of meme coins. Along with the TRUMP coin, MELANIA, a separate coin launched by Melania Trump, also joined the crypto market. The introduction of both coins caused a temporary network congestion on the Solana blockchain, though it managed to avoid complete outages. This showed just how much interest there was in these new tokens. Meme coins will always be susceptible to new tokens stealing their thunder, and the rise of TRUMP may have hurt many of the most established names. DOGE fell 6%, SHIB lost 7.5%, PEPE dropped 10.5%, and WIF fell 8%, respectively, when TRUMP hit markets. Bitcoin (BTC) traditionally drives crypto markets but might be along for the ride this time, reaching a new ATH of $109,319.46 on 20 January 2025 before a quick drop after the inauguration. Some speculate that President Trump’s launching of a meme coin proved his interest in crypto, fuelling BTC’s price surge. Others argue that BTC was destined to rise ahead of Trump’s inauguration, and the new meme coins hurt by absorbing capital that otherwise would have gone into Bitcoin. As of March 25 2025, the TRUMP meme coin has settled into a price of $11.42 per token. Although it experienced a meteoric rise shortly after launch, its value has shown typical volatility, common among meme coins. Current Price: $11.42 24-Hour Trading Volume: $613 million Market Capitalization: $2.31 billion Circulating Supply: 200 million tokens This volatility reflects the speculative nature of meme coins. Investors often see the potential for quick profits but should be cautious about the risks involved. The Official Trump (TRUMP) Meme coin Airdrop To generate excitement and reward early supporters, the TRUMP meme coin launched an airdrop campaign. The first 2,500 participants who joined the Trump community were given free tokens, which was a great way for newcomers to get involved without spending money. In addition to this, people who bought Trump-branded merchandise such as digital trading cards, watches, and sneakers before February 15, 2025, were also eligible for the airdrop. The airdrop allowed participants to claim three TRUMP tokens valued at around $50. This initiative was well-received by Trump supporters and crypto fans alike, sparking a surge in the coin’s popularity. You can visit the official TRUMP airdrop page to see more details on how to participate in $TRUMP Airdrop. How to Trade and Buy the Official Trump (TRUMP) Meme coin? If you’re looking to get your hands on TRUMP, Bitget provides an easy and secure platform to buy, sell, and trade this meme coin. Here’s a step-by-step guide on how to buy TRUMP on Bitget’s Spot Market and Futures Market: How to Buy TRUMP on Bitget You can quickly buy TRUMP with a credit/debit card on the Bitget platform. Step 1: Head to the Buy crypto with Credit/ Debit card page; Step 2: Enter the amount and click Buy TRUMP to proceed. Learn more: Guide on how to buy cryptos with credit/debit cards How to Trade TRUMP on Bitget You can also trade OFFICIAL TRUMP (TRUMP) on Bitget Spot and Futures markets. Check out the details below: Trade TRUMP on Bitget Spot Step 1: Go to TRUMP spot trading page; Step 2: Enter the amount and the type of order, then click Buy/Sell. Trade TRUMP today! Trade TRUMP on Bitget Futures For those who want to trade with leverage, Bitget also offers TRUMP trading on its Futures Market. This allows you to take a position on TRUMP’s price movements without owning the token directly. Step 1: If this is the first time you trade Bitget Futures, make sure you transfer funds from your Spot account to your Futures account before proceeding; Step 2: Choose your favorite type of TRUMP coin futures products: Bitget USDT-M or Bitget USDC-M; Step 3: Enter the details to complete your order. Trade TRUMP on Bitget USDT-M and Bitget USDC-M today! Conclusion: What Lies Ahead for $TRUMP? Looking ahead, the TRUMP meme coin’s value will likely continue to be influenced by political events, endorsements from Trump, and the broader sentiment around meme coins in the cryptocurrency market. With its strong community and political backing, it could continue to gain attention and see price fluctuations accordingly. Having a meme coin endorsed by the sitting President of the United States is unprecedented. However, as with all meme coins, its future remains uncertain. Meme coins are highly speculative, and their success is often driven more by hype than actual utility. If you’re ready to take part in this high-risk, high-reward venture, Bitget offers a user-friendly platform to buy and trade $TRUMP! Just remember to approach with caution and always be prepared for the volatility that meme coins bring. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

What Is Bitcoin Stock? A Simple Guide for Beginners in 2025

Bitcoin, one of the most talked-about financial assets, has attracted both individual and institutional investors over a decade. As interest in cryptocurrency grows, many people come across the term “Bitcoin stock” and wonder what it means. Is Bitcoin a stock? Can you invest in it like shares of a company? This guide explains the concept of Bitcoin stock, how it differs from traditional stocks, and how investors can gain exposure to Bitcoin through various investment options. It also highlights the top Bitcoin-related stocks to watch in 2025. Bitcoin Is Not a Stock Bitcoin (BTC) is a digital currency that operates on a decentralized blockchain network. Unlike stocks, which represent ownership in a company, Bitcoin is not controlled by any government, financial institution, or corporation. Investors buy, sell, and trade Bitcoin in a way similar to foreign currencies, commodities, or gold. Read more: What is Bitcoin? The Ultimate and Simple Guide for Crypto Beginners Key Differences Between Bitcoin and Stocks Bitcoin price in USD fluctuates based on supply and demand, macroeconomic trends, and institutional interest, whereas stock prices are influenced by company earnings, management decisions, and overall market sentiment. For investors tracking Bitcoin price live USD and monitoring the BTC value, it is important to understand that while Bitcoin operates outside traditional markets, Bitcoin-related stocks are still subject to stock market regulations and corporate performance factors. What Do People Mean by “Bitcoin Stock”? The term "Bitcoin stock" does not refer to an actual stock representing ownership in Bitcoin. Instead, it generally refers to one of the following: 1. Bitcoin-Related Public Companies These businesses are involved in Bitcoin mining, trading, or blockchain development. Examples include companies that mine Bitcoin, operate cryptocurrency exchanges, or develop blockchain-based financial services. The stock prices of these companies often follow Bitcoin price movements, particularly when there are significant changes in BTC to USD. 2. Bitcoin Exchange-Traded Funds (ETFs) Bitcoin ETFs allow investors to gain exposure to Bitcoin price fluctuations without directly buying or storing BTC. These funds are traded on stock exchanges and provide a way for traditional investors to participate in the cryptocurrency market while tracking Bitcoin price chart trends. 3. Public Companies Holding Bitcoin Some corporations hold Bitcoin as part of their financial strategy, viewing it as a long-term store of value. These firms may see their stock prices influenced by changes in Bitcoin value. Examples include MicroStrategy and Tesla, both of which have significant Bitcoin holdings. How to Invest in Bitcoin or Bitcoin-Related Stocks Investors seeking exposure to Bitcoin can consider multiple investment options: 1. Buying Bitcoin Directly The most direct way to invest in Bitcoin is through cryptocurrency exchanges like Bitget, where you can buy Bitcoin instantly with a fast and secure trading experience. Bitget makes it easy to buy Bitcoin with a debit card, buy Bitcoin with PayPal, or other payment methods. With top-tier security, high liquidity, and 24/7 customer support, Bitget ensures a smooth and reliable way to enter the Bitcoin market. 2. Investing in Bitcoin Mining Stocks Bitcoin mining companies operate large-scale data centers that process transactions on the blockchain and earn BTC rewards. The profitability of these businesses depends on factors such as Bitcoin’s price, mining difficulty, and electricity costs. 3. Investing in Bitcoin ETFs Bitcoin ETFs allow investors to gain exposure to Bitcoin price movements without directly buying BTC. These funds trade on stock exchanges, making them accessible to traditional investors. 4. Buying Stocks of Companies That Hold Bitcoin Companies such as MicroStrategy and Tesla hold large amounts of Bitcoin on their balance sheets. Their stock performance is partially influenced by Bitcoin price fluctuations. 5. Investing in Blockchain Infrastructure and Technology Stocks Beyond Bitcoin itself, some companies focus on developing blockchain technology and supporting cryptocurrency operations. These businesses provide hardware, software, or services that contribute to the growth of the digital asset market. Top 5 Bitcoin-Related Stocks to Watch in 2025 For those looking to invest in Bitcoin indirectly, several publicly traded companies offer exposure to the cryptocurrency market. 1. MicroStrategy (MSTR) – Public Company with Significant Bitcoin Holdings MicroStrategy is one of the largest corporate holders of Bitcoin, with 499,096 BTC (as of February 26, 2025), valued at approximately $47.4 billion at today’s price. The company has adopted Bitcoin as a key part of its financial strategy, making its stock price highly correlated with BTC price movements. As of this writing, MicroStrategy’s market capitalization is $65.20 billion, and its stock has risen 190% in 2024. Investors view it as a Bitcoin proxy stock, meaning its performance is often tied to Bitcoin’s price. 2. Coinbase (COIN) – The Largest U.S. Cryptocurrency Exchange Coinbase is a cryptocurrency exchange that facilitates Bitcoin trading for retail and institutional investors. The company generates revenue through trading fees, staking services, and custody solutions. In 2024, COIN experienced a notable stock price increase. The stock closed at $173.92 on December 31, 2023, and at $248.30 on December 31, 2024, representing a gain of approximately 42.77% over the year. 3. Riot Platforms (RIOT) – A Leading Bitcoin Mining Company Riot Platforms operates one of the largest Bitcoin mining operations in North America. In 2024, the company mined 4,828 BTC and had a hash rate capacity of 31.5 EH/s. Riot’s stock price is highly correlated with Bitcoin’s mining profitability. With a market capitalization of $$3.21 billion as of this writing, Riot remains a key player in the Bitcoin mining sector. 4. BlackRock (BLK) – A Major Asset Manager Offering Bitcoin ETFs BlackRock is one of the world’s largest asset management firms, with over $11.6 trillion in assets under management (AUM). In January 2024, BlackRock launched the iShares Bitcoin Trust (IBIT), its first spot Bitcoin exchange-traded fund (ETF). The ETF experienced unprecedented growth, amassing over $50 billion in assets within 11 months, marking the most successful ETF debut in history. With a market capitalization of $130 billion and a 26% rise in its stock price in 2024, BlackRock plays a significant role in institutional Bitcoin adoption. 5. NVIDIA (NVDA) – A Technology Company Supporting Bitcoin Mining and AI NVIDIA produces high-performance GPUs, which are widely used in Bitcoin mining and artificial intelligence applications. The company reported $60.9 billion in total revenue for 2024. As of this writing, NVIDIA has a market capitalization of $3.1 trillion, and its stock price has increased 171% in 2024. Final Thoughts Bitcoin’s role in the financial markets is becoming more significant, with growing institutional adoption, regulatory advancements, and the rise of Bitcoin-related investment products. In 2025, Bitcoin ETFs, mining companies, and blockchain infrastructure firms are expected to play a key role in bridging the gap between traditional finance and the crypto industry. As more investors seek exposure to Bitcoin, we could see increased integration with mainstream markets, pushing Bitcoin-related stocks and ETFs to new heights. Additionally, corporate adoption of Bitcoin as a reserve asset—as seen with companies like MicroStrategy and Tesla—could continue influencing stock market trends, making Bitcoin an important factor in global finance. For those looking to invest, buying Bitcoin directly remains one of the simplest and most effective ways to get started, and platforms like Bitget make the process easy with secure transactions, instant purchases, and multiple payment options. The crypto space is evolving fast, and being part of it now could mean big opportunities down the road. So, are you ready to be part of Bitcoin’s future?? Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Official Trump Meme (TRUMP): The Official Meme Coin by President Donald J. Trump

What is The Official Trump Meme (TRUMP)? The Official Trump Meme (TRUMP) is a meme coin created by Donald Trump to celebrate his presidential election victory and upcoming inauguration for a second term. Despite its lighthearted branding, the TRUMP token has proven to be a serious contender in the crypto world, boasting a market capitalization of $11.7 billion within just three days of its launch. The coin is built on the Solana blockchain, a popular platform known for its fast transactions and low fees. Who Created The Official Trump Meme (TRUMP)? The TRUMP Meme Coin was partly coordinated by CIC Digital LLC, a company affiliated with Trump’s business empire, The Trump Organization. Another key player behind the coin is Fight Fight Fight LLC, a Delaware-based company established earlier this month. Both entities hold 80% of the token’s total supply, giving them significant control over the coin's future direction. While the exact identities of the developers behind TRUMP remain unclear, it is evident that the project benefits from Trump’s massive global following and the branding power of his name. The coin’s website uses imagery and slogans associated with Trump’s political career, such as references to his resilience following an attempted assassination and his iconic rallying cries like “WINNING.” What VCs Back The Official Trump Meme (TRUMP)? The specific venture capital firms backing the TRUMP Meme Coin remain undisclosed. How The Official Trump Meme (TRUMP) Works The TRUMP Meme Coin was launched with an initial supply of 200 million tokens, which will expand to 1 billion tokens over the next three years. This gradual increase in supply is designed to ensure liquidity while maintaining scarcity, a factor that often drives up the value of cryptocurrencies. One unique feature of TRUMP is its meme-based appeal. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are often used for financial transactions or building decentralized applications, meme coins rely heavily on social media buzz and community engagement. In the case of TRUMP, the coin has gained momentum through its association with Donald Trump’s larger-than-life persona and his promise to make America the “crypto capital of the planet.” The coin’s website explicitly states that TRUMP is not intended as an investment opportunity or a security. Instead, it positions itself as a “fun and celebratory token” that reflects Trump’s vision for the future of cryptocurrency. However, the token’s soaring price and trading volume—reaching $52.5 billion in 24 hours—suggest that many investors see significant financial potential in this new digital asset. Adding to the excitement is the launch of a separate cryptocurrency by Melania Trump, called MELANIA, which has also gained traction in the market. Together, the two tokens have created a family-driven crypto phenomenon that has captured the public’s imagination. While the TRUMP Meme Coin has generated significant excitement, it also raises important ethical and regulatory questions. Critics argue that public figures like Trump wield enormous influence in speculative markets, which could lead to manipulation or unfair practices. Some analysts worry that the coin’s popularity is driven more by hype than by real-world utility, making it a risky investment for those hoping to profit from its rise. The coin’s ownership structure is another point of concern. With 80% of the tokens held by Trump-affiliated companies, there is a lack of decentralization, which goes against one of the core principles of cryptocurrencies. This concentration of ownership could lead to price manipulation or other issues in the future. TRUMP Goes Live on Bitget As Donald Trump prepares to take office for his second term, the TRUMP Meme Coin is likely to remain in the spotlight. Trump has already hinted at executive orders aimed at making cryptocurrency a national priority, which could further boost the coin’s popularity. However, the long-term success of TRUMP will depend on its ability to maintain investor interest and overcome potential regulatory challenges. For now, the TRUMP Meme Coin stands as a fascinating example of how politics, technology, and internet culture can intersect in surprising ways. How to Trade TRUMP on Bitget Listing time: January 18, 2025 Step 1: Go to TRUMPUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade TRUMP on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Trump's Second Term: Crypto's Moment In The Spotlight

Following the context of changes in global policies after the victory of Donald Trump, crypto market cap has surpassed $3 trillion, and the Fear Greed Index is standing at Extreme Greed approaching 90/100. Maturing Opportunities Just In Time For A Maturing Market As traditional financial systems brace for radical changes, the cryptocurrency market finds itself in a rare, advantageous position. No longer just an asset class for speculative investors, cryptocurrencies - led by Bitcoin - are increasingly being recognised for their value as decentralised stores of value and inflation hedges. Trump’s potential fiscal expansion and the resulting inflationary pressures would strengthen Bitcoin’s narrative as “digital gold.” Should Trump proceed with his fiscal agenda, the ensuing inflation and dollar devaluation would likely drive both retail and institutional investors toward assets that offer a hedge against traditional fiat currency risks. One notable trend is the gradual incorporation of Bitcoin into pension fund portfolios, a move that highlights Bitcoin’s maturation as a recognised asset class. Pension funds, traditionally conservative and focused on preserving long-term value, have begun to make tentative allocations to Bitcoin, signalling growing acceptance of crypto’s potential as a legitimate store of value in a fast-paced economic environment. Bitcoin holdings in TradFi and by nations. Source: VanEck But this isn’t just a story of Bitcoin as a safe haven; the broader crypto market stands to benefit from Trump’s approach to deregulation. His promises to reduce regulatory hurdles, which should be supported by a pro-crypto Senate and House of Representatives and most likely include a change in leadership at the SEC, could foster an environment ripe for innovation. Projects in DeFi, Web3, and blockchain infrastructure that have been long constrained by regulatory uncertainty may find new opportunities to develop within a friendlier U.S. market. In such an environment, digital assets could transition from fringe assets to integral components of the global financial system, where institutional investors now view them as viable diversifiers in a rapidly changing economy. A Bold Path To New Heights Bitcoin’s recent rally brought consecutive all-time highs over just two days, reaching $80,000 on November 10 and then rising to $82,000, $84,000, $85,000, $87,000, and $89,000 on November 11 and sealed the $90,000 deal on some exchanges on November 13. This remarkable upward movement has fuelled a surge in conviction that Bitcoin could breach the six-digit mark. This optimism stems not only from inflationary pressures and a weakening dollar but also from Bitcoin’s unique supply dynamics following its fourth halving in April 2024. The halving , which reduced Bitcoin’s block reward from 6.25 BTC to 3.125 BTC, has added scarcity (a historically significant factor in Bitcoin’s upward price movements) to the market. Although a six-digit valuation remains speculative, the convergence of heightened institutional interest and Bitcoin’s constrained supply lends weight to this bold outlook. BTC is celebrating its new ATHs. Source: Alex Thorn/Galaxy Research Characterised by persistent inflation and low interest rates, the current economic landscape further enhances Bitcoin’s appeal as a hedge against any fiat currency devaluation. If Trump’s policies contribute to additional inflationary pressures, Bitcoin could gain even greater traction as a store of value and become even more appealing to both retail and institutional investors seeking alternatives. For the first time, Bitcoin is officially positioned as a potential counterbalance to traditional assets that offers a unique store of value in an era of economic uncertainty. This evolving macroeconomic environment amplifies the conceivability of the ambitious $100,000 milestone in the near future, maybe even by the new year 2025. However, should Bitcoin approach $100,000 (or even at $90,000 already), be careful that a huge wave of profit-taking is likely to follow, with even a modest price drop potentially wiping out hundreds of millions in leveraged long positions. Meanwhile, Ethereum stands to benefit from similar economic and regulatory conditions, albeit in a different capacity within the digital economy. As the foundation for decentralised finance (DeFi), smart contracts, and NFT ecosystems, Ethereum’s value is driven by its utility beyond the realm of guesswork. Expectations of increased institutional adoption and favourable regulatory changes under Trump’s administration could push Ethereum toward $5,000. Such growth could also propel Layer 2 solutions that are built on Ethereum but designed for faster and cheaper transactions and position them as a key infrastructure in a higher-value Ethereum ecosystem. With its adaptability and the growth of applications on its platform, Ethereum is uniquely positioned to drive a new wave of decentralised innovation not only in finance. In the broader altcoin market, memecoins like Dogecoin are also experiencing renewed interest. Given Elon Musk’s close ties to Trump and his outspoken support for Dogecoin, the so-called “Dogefather” has rekindled enthusiasm for the alpha doggo and its pack of memecoins that thrive on social and political momentum. DOGE surged past XRP and then USDC over the course of two days (November 10-11, 2024) to become the 6th largest cryptocurrency. Source: CoinMarketCap Navigating An Era Of Economic Experimentation Trump’s return brings about more than just a political shift; it initiates an era of economic experimentation. As the U.S. seemingly charts a path that blends elements of nationalism, fiscal expansion, and industrial policy, global markets will grapple with its implications. Europe, Asia, and BRICS nations may increase their efforts in exploring pathways to reduce dependence on the dollar and strengthen regional economic frameworks considering Trump’s America-centric policies. For the crypto market, particularly Bitcoin and Ethereum, these changes would offer validation and opportunity to solidify their roles as essential assets in diversified portfolios. Ultimately, Trump’s policies could draw comparisons to both the New Deal and China’s state-directed capitalism, and, in that process, redefine the contours of the global economy. But unlike previous economic experiments, this time, a decentralised asset like Bitcoin is poised to play a central role in navigating volatility. For those holding Bitcoin and Ethereum, the next few years could be the realisation of a long-awaited dream: the moment when digital assets are truly integrated into the global economy and transform not only wealth but also the very architecture of financial security. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Trump's Second Term: A New Global Economic Experiment

As Donald Trump steps into his second term, his economic vision is set to reverberate through financial markets, geopolitical matters, and even the nascent world of digital assets. Known for his boldness, Trump has already set a high bar with ambitious policies that challenge the very definitions of capitalism, nationalism, and fiscal discipline. Now, the economic world braces for the impact of his proposed America-centric strategies. Far beyond just reshaping the U.S. economy, Trump's policies could ripple across global markets in that they prompt responsive decisions from Europe and Asia, and even from emerging coalitions like BRICS. And for the maturing crypto market, this shifting landscape presents a rare opportunity - one that could potentially propel the flagship cryptocurrency and the Mother of all altcoins to new highs. Revisiting Trump's First-Term Economic Legacy: Stimulus, Debt, And Growth In Trump's first term, we witnessed a different kind of shift in U.S. economic policy. His administration pushed through sweeping tax reforms, fuelling corporate investments and temporarily boosting economic growth. Yet, it was his response to COVID-19 that remains the talk of the town. By implementing stimulus checks straight into Americans’ bank accounts, Trump broke with the traditional model of quantitative easing that primarily enriched asset-holding elites. Instead, his “QE for the people” approach injected liquidity directly into the hands of consumers and increased purchasing power and economic activity in the short term. Trump's stimulus check in 2020. Source: Bloomberg However, this populist approach came at a cost. While Trump’s direct-to-consumer stimulus provided relief and accelerated spending, it also exacerbated national debt and left inflationary pressures simmering beneath the surface. Some saw his approach as a necessary shock to an economy teetering on the edge, while others viewed it as a reckless gamble with long-term financial stability. As Trump returns, will he double down on this strategy, and if so, can the U.S. handle another wave of fiscal largesse? Either way, investors are expected to navigate the capricious currents by weaving more crypto into their strategies and practices to gainfully steady their footing in an uncertain future. The New President's New Economic Vision Trump’s second term promises to pivot toward an ambitious re-shoring agenda. By seeking to bring critical industries back to American soil, his administration aims to secure supply chains, create jobs, and stimulate growth from within. This vision, however, is anything but simple. Re-shoring manufacturing after decades of outsourcing will require substantial government support, such as tax incentives, subsidies, and cheap financing, all of which point toward an era of fiscal expansion and likely inflationary pressure. As America attempts to reduce reliance on global supply chains, it could signal a significant shift from globalisation toward economic nationalism. Economic issues are extremely important for Trump's supporters. Source: Pew Research Center This strategy, if successful, might indeed create a more resilient American economy. Yet, the U.S. dollar could face challenges as increased government spending, debt accumulation, and trade imbalances put downward pressure on its value. For some, this scenario evokes memories of mid-20th-century economic experiments, where state intervention sought to balance growth with social stability. However, Trump’s plan may test the limits of American capitalism, stretching the system’s adaptability in a world where globalised interdependence has been the norm for decades. Globally, the implications are profound. A weakened dollar would disrupt established financial systems, particularly in emerging markets that rely on dollar-denominated debt. As the U.S. attempts to insulate itself, countries in Europe and Asia may find themselves needing to recalibrate economic policies in response to a more inward-focused America. Meanwhile, the BRICS coalition (Brazil, Russia, India, China, and South Africa) could accelerate its efforts to create a multipolar financial world, and that's where crypto can open doors for expansive blockchain-based solutions. With discussions already underway for a BRICS currency or increased reliance on local currencies in trade, Trump’s presidency might catalyse this bloc’s ambitions to reduce dependence on the U.S. dollar to strengthen their economic independence and challenging America’s global financial hegemony. Europe And Asia’s Predicament In Adapting To An America-First Agenda Europe and Asia are standing at a crossroads, each facing the challenge of navigating an unpredictable American economic strategy. For Europe, Trump's second term could accelerate a drive for greater economic and monetary independence, perhaps even reinvigorating calls for a euro-backed digital currency. Already dealing with inflationary pressures and economic fragmentation, Europe may lean into its core strengths of innovative green technologies, stringent regulatory standards, and a relatively robust welfare system to shield itself from the fallout of an insular U.S. Asia, meanwhile, is likely to see a more intricate response. China’s “dual circulation” strategy reflects a multifaceted response to the challenges posed by U.S. trade policies under Trump. In addition to emphasising self-reliance and bolstering domestic demand, Beijing may lean on a mix of economic measures to offset any negative impacts from increased tariffs. These include expanding fiscal stimulus, easing monetary policy, and supporting key sectors like advanced manufacturing. China could very well allow the yuan to weaken so that their exports are more competitive to cushion against tariff pressures and is likely to deepen its regional trade alliances within Asia and Europe in order to strengthen the ties to counterbalance reliance on the U.S. However, Japan, South Korea, and other U.S. allies in Asia could find themselves caught in a strategic bind where they need to balance economic pragmatism with longstanding alliances. For these nations, Trump’s return means urgently recalibrating their economic strategies, possibly by diversifying trade partnerships and developing a more autonomous monetary policy to mitigate volatility from U.S.-centric shocks. China eyes budget deficit increase, monetary easing to counter Trump tariffs. Source: Bloomberg Consequently, Europe and Asia may start to deepen their focus on alternative financial technologies to enhance economic resilience. As both regions seek to shield themselves from external economic shocks, cryptocurrencies could emerge as crucial assets in their evolving financial landscapes and therefore march a step further toward greater autonomy and adaptability in the global economy. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Pro-Crypto Shift: Trump, Bitcoin, And Market Transformations

Donald Trump’s decisive return to the White House marks a significant change not only in U.S. politics but in the global financial and cryptocurrency landscapes. While his comeback fuels debates over economic policies, international relations, and social issues, it is in the realm of cryptocurrency and digital finance that the most profound impacts are anticipated. Trump’s second term, accompanied by a surge of pro-crypto representatives in Congress, heralds a pivotal era for the blockchain sector and its future within the broader financial ecosystem. A Promised Dawn For Crypto Enthusiasts For many in the cryptocurrency community, Trump's victory feels like an overdue tailwind. The former president's campaign trail was filled with rhetoric promising regulatory reform, reduced government oversight, and strategic initiatives to position the U.S. as the "crypto capital" of the world. From commitments to dismiss SEC Chair Gary Gensler, who is widely regarded in crypto circles as an antagonist, to proposals for the establishment of a national Bitcoin reserve, Trump's policy framework opens a bold new chapter for crypto to prepare for the 20th birthday of the Bitcoin whitepaper as well as the 5th Bitcoin Halving in 2028. Trump's Ten Crypto Promises. Source: Wu Blockchain News The anticipated regulatory shift aligns with the sweeping victories of pro-crypto candidates in both the House of Representatives and the Senate. With 261 representatives and 17 senators identified as crypto-friendly, legislative momentum could foster a regulatory environment that is not only more accommodating but potentially transformative. Such an environment could stimulate capital inflows, drive innovation, and reinforce the U.S.’s role as a leader in financial technology. Bitcoin Soars, Dollar Gains The market’s initial response to Trump's victory underscored its significance. Bitcoin surged to a new all-time high, soaring past $75,700 as a result of the renewed sense of optimism and a perception of policy stability under a pro-business administration. Analysts suggest that this is only the beginning; Trump's stance on fostering an environment conducive to digital asset growth could propel Bitcoin and other leading cryptocurrencies even further. Bitcoin (BTC) price on Nov. 6, 2024. Source: CoinDesk Interestingly, Trump's economic outlook, which includes proposed tariffs and protectionist policies, has already influenced global currencies. The euro, for instance, has weakened significantly against the dollar, marking its steepest one-day drop since the height of the COVID-19 crisis. This dollar strength, paradoxically, could fuel further Bitcoin demand. As the global reserve currency becomes more robust, investors may diversify into crypto assets to hedge against potential geopolitical volatility and inflation concerns and thereby truly position Bitcoin as a "new digital gold." The End Of Gensler's Era? Central to this narrative is the fate of SEC Chair Gary Gensler, whose tenure has been marked by aggressive enforcement actions against major crypto entities. With Trump’s promise to remove Gensler on day one, attention has turned to potential replacements who could reshape the regulatory landscape. "Crypto Mom" Hester Peirce, known for her forward-thinking views on digital assets, and Robinhood’s legal chief Dan Gallagher are among the names floated for the role. Both figures bring a track record of advocating for a balanced approach to crypto regulation, suggesting that future SEC policy could prioritise clarity and growth over punitive measures. The implications are significant: a more constructive regulatory environment could alleviate the compliance anxiety that has deterred institutional investors and developers. It could also pave the way for comprehensive legislation that integrates cryptocurrencies into the broader financial services framework by embedding blockchain technology within traditional finance while respecting its unique characteristics. Global Financial Ripple Effects Trump’s victory has also been a boon for traditional financial markets. The Dow Jones Industrial Average, SP 500, and Nasdaq all surged following the election results, buoyed by expectations of tax cuts, deregulation, and a reinvigorated "America First" economic agenda. Bond yields have similarly reacted, with the 10-year Treasury yield rising sharply as investors anticipate fiscal expansion and potential inflationary pressures. In Europe, the situation is more complex. A strong dollar, coupled with Trump's pledges to impose tariffs on imports and pressure NATO allies to boost defence spending, poses economic challenges for the eurozone. Bond markets have already shown signs of stress, with analysts predicting potential ECB rate cuts to counteract economic slowdowns. Again, these dynamics could fortify Bitcoin's narrative as an asset that transcends traditional currency boundaries and is resilient to national economic policies. A similar situation can also be observed in Asia, where the strong dollar presents both opportunities and challenges. Export-driven economies like Japan and South Korea could face increased pressure due to less competitive exports. Meanwhile, China's trade outlook may be impacted by Trump's proposed tariffs and economic policies aimed at curbing Beijing’s influence. However, some Asian investors might see Trump's pro-crypto stance as a chance to diversify their portfolios - a driver of greater interest in Bitcoin and other digital assets across the region. The Push For Institutional Investment Beyond immediate market reactions, Trump's presidency could serve as a catalyst for institutional adoption of crypto. Policies encouraging domestic mining, legitimising the custody of digital assets by banks, and integrating blockchain technology into national infrastructure projects could draw substantial capital into the market. The potential establishment of a national Bitcoin reserve, though ambitious, would mark a significant step in recognising Bitcoin as a strategic asset and could set a precedent that other nations might follow. BlackRock's iShares Bitcoin ETF posted record trading volumes after Trump's victory, hitting $1 billion within the first 20 minutes of the day and a total of $4.1 billion on Wednesday. This surge in activity underscores the growing interest from institutional players and signals a broader acceptance of Bitcoin as an investment asset. Additionally, the overall inflow into U.S. Bitcoin ETFs reached $622 million, one of the highest since their inception. Such momentum highlights how the pro-crypto shift in political leadership could accelerate the participation of pension funds and other traditional investment institutions in the crypto market as well. Industry leaders have noted a turning point that could elevate crypto from a speculative niche to a cornerstone of modern finance: "We're looking at hundreds of billions potentially flowing into the ecosystem." BlackRock's iShares Bitcoin ETF trading volume. Source: Bloomberg Navigating Challenges Ahead Despite the optimism, challenges remain. Trump’s proposed economic measures - including tariffs and ambitious fiscal policies - could stoke inflation, potentially impacting the broader economy and influencing the Fed’s monetary policy. The balance between fostering growth and managing inflation will be delicate, and the crypto sector needs to navigate these complexities with caution. Nonetheless, Trump's victory marks the start of a transformative chapter for cryptocurrency, one that could redefine its role in the global financial system. As policymakers, investors, and innovators prepare for what comes next, the stage is set for crypto to evolve from the periphery to the mainstream thanks to a president who sees its potential to reshape economic power. Black Friday is coming! Enjoy buying BTC with 20% cashback！ It’s almost Black Friday! BTC hits a new high record of $75,000. Bitget is excited to launch an exclusive Black Friday 20% cashback event for all new registered users! Promotion Period: November 7th to December 7th , 2024 Promotion A: Deposit EUR via a Credit/Debit Card or Bank Deposit and enjoy 100% transaction fee rebates in USDT! Join Promotion A！ Promotion B: Trade BTC on spot/ future ≥100 USDT to get 20% cashback! Join Promotion B！ Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Understanding USDC: The Compliant Stablecoin For The Modern Financial World

What Is USDC? USDC (USD Coin) is a stablecoin introduced in 2018 by Circle under the Centre consortium. It is carefully designed to maintain a stable value by being pegged 1:1 to the US dollar. USDC strives to combine the benefits of digital currency, such as speed and cost-efficiency, with the stability associated with traditional fiat currencies. Each USDC token is backed by fully reserved assets held in regulated financial institutions. To foster transparency and trust, regular audits by independent firms ensure that these reserves match the circulating supply. How To Get USDC USDC can be acquired directly through Circle's website, where users can purchase USDC with fiat currency. To redeem USDC for USD, users can also head to the Circle platform, which provides a streamlined process for converting USDC back to USD with liquidity and ease of access. Additionally, acquiring USDC is straightforward and can be achieved through various cryptocurrency exchanges. For a seamless experience, platforms like Bitget offer easy access to USDC through direct purchases or conversions from other cryptocurrencies. Both methods offer hassle-free and reliable processing USDC transactions. How USDC Is Being Utilised And Its Expanding Reach USDC has gained significant traction in the cryptocurrency ecosystem since it's widely accepted on major exchanges, wallets, and decentralised applications (dApps). It serves multiple purposes, including trading, lending, and providing liquidity in DeFi (decentralised finance) protocols. Businesses use USDC for cross-border payments, leveraging its stable value to facilitate instant, low-cost transactions globally. Moreover, it is used in smart contracts for various financial services as a reliable and stable medium of exchange within the volatile crypto market. The Ideal Stablecoin For Trading And DeFi Choosing USDC for trading and DeFi services offers numerous advantages. Its robust regulatory framework and transparent reserve backing make it a trustworthy and stable asset for both individual and institutional investors. Compliance with financial regulations ensures that USDC operates within a secure and regulated environment, thus reducing the risks associated with other digital assets. Its quick settlement times and low transaction fees enhance the efficiency of financial operations and, consequently, make it an ideal choice for various applications, from everyday transactions to complex DeFi activities. USDC's strong regulatory compliance and transparency provide a solid foundation for trust and reliability. This makes it an attractive option for those looking to engage in trading, lending, or any financial service that benefits from the stability and security of a fully backed stablecoin. By leveraging platforms like Bitget, users can easily access and trade in USDC to enjoy the benefits of a stable and compliant digital currency in the evolving world of finance. How USDC Leads in Regulatory Compliance USDC's commitment to regulatory compliance is a cornerstone of its design and operation. Circle, the primary issuer of USDC, adheres to stringent regulatory standards to guarantee the coin's integrity and reliability. Here are the key aspects of USDC's compliance: U.S. Compliance All USDC reserves are held with regulated financial institutions in the United States. These institutions comply with strict regulatory standards to ensure the safety and security of the assets backing USDC. Circle conducts monthly audits of USDC’s reserves that are performed by independent third-party accounting firms and verify that the amount of USDC in circulation is fully backed by equivalent USD reserves. This transparency provides users with confidence in the stability and backing of the coin. USDC also complies with all relevant U.S. financial regulations, including anti-money laundering (AML) and know-your-customer (KYC) requirements. This compliance helps prevent illicit activities and makes sure that USDC transactions are conducted within a legal and secure framework. Circle’s adherence to regulatory requirements has allowed USDC to be widely accepted across various platforms and institutions in the U.S. for even better credibility and usability. MiCA Compliance (European Union) The European Union’s MiCA framework sets out regulations for the issuance and trading of crypto-assets, including stablecoins like USDC. Compliance with MiCA ensures that USDC meets high standards of consumer protection, market integrity, and financial stability. USDC has been classified as an e-money token (EMT) under MiCA, which means that USDC adheres to strict requirements regarding the backing of tokens, operational resilience, and transparency. Circle's compliance with these regulations ensures that USDC operates within a clear and regulated legal framework in the European market. By meeting MiCA standards, USDC is subject to regulatory supervision by relevant European financial authorities. This oversight provides additional assurance to users regarding the stability and reliability of USDC and therefore is necessary for the widespread use of USDC in this region. Leading exchanges like Bitget offer USDC/EUR for easy onboarding. Compliance in other major financial regions In Asia, USDC’s compliance efforts focus on adhering to local regulations governing digital assets. This includes AML and KYC requirements and ensuring that reserves are held with regulated financial institutions. Circle works closely with regulators in key markets such as Singapore and Japan to ensure that USDC meets regional compliance standards. USDC is gaining traction in Latin America as a stable and reliable digital asset as well. Compliance with local financial regulations, including transparency in reserve management and adherence to AML and KYC requirements, is crucial for its adoption in this region. Circle not only collaborates with local financial authorities to ensure that USDC remains compliant with regional standards but also actively engages with international regulatory bodies and industry groups to stay ahead of evolving regulatory landscapes. This means participating in discussions about global standards for digital assets and ensuring that USDC complies with best practices in financial regulation worldwide. USDC’s compliance framework not only ensures its stability and reliability but also sets a benchmark for other stablecoins in the industry. By maintaining high standards of transparency and regulatory adherence across multiple regions, USDC provides a secure and trustworthy option for users looking to navigate the complex world of digital finance. This makes USDC an excellent choice for trading, DeFi services, and everyday transactions. Buying Crypto with USDC USDC offers a streamlined method for purchasing various cryptocurrencies. Using USDC, users can quickly and easily buy other digital assets on numerous cryptocurrency exchanges. Platforms like Bitget allow users to leverage USDC's stable value, which helps mitigate the risk of price volatility during transactions for efficient trading. The process involves selecting USDC as the base currency and choosing the desired cryptocurrency to purchase. For example, you can select the USDC category on the Bitget Spot Trading website to see all USDC pairs. Trading Futures Pairs in USDC USDC's stability and regulatory compliance make it an attractive option for trading futures pairs. Traders can use USDC as collateral for futures and perpetual contracts to benefit from its stable value and liquidity. Futures trading with USDC is available on various platforms, including Bitget, where users can trade a wide range of cryptocurrency futures pairs in USDC. The use of USDC ensures that margin requirements and settlements are predictable for a reduced level of uncertainty associated with more volatile cryptocurrencies. What Lies Ahead For USDC The future prospects for USDC are driven by its strong foundation of compliance, transparency, and adoption. Even when the regulatory landscape for digital assets continues to evolve, USDC is well-positioned to thrive due to its proactive approach to compliance and its commitment to maintaining high standards. Increased institutional adoption is likely as more institutional investors enter the digital asset space and take advantage of this stablecoin because of its transparent and regulated nature. USDC is also poised for expansion into new markets as regulatory clarity improves in various regions. Its compliance with regional regulations, such as MiCA in the European Union, positions it well for adoption in new markets. Furthermore, the integration of USDC with traditional financial services is expected to deepen, hence more seamless and efficient solutions for cross-border payments, remittances, and other financial services. USDC's stability and compliance will drive its adoption in the growing DeFi and Web3 ecosystems, where it is likely to play a significant role in various DeFi protocols, lending platforms, and decentralised applications. Technological advancements from Circle are expected to lead to enhancements in scalability, security, and usability and further cement USDC's position as a leading stablecoin in the digital asset ecosystem. Overall, this stablecoin's strong regulatory compliance, transparency, and widespread adoption should unapologetically drive its continued growth and success in the evolving digital asset landscape. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Study on BTC Halving: Expectations and Investment Decisions 

Introduction: Bitget, the world's leading cryptocurrency exchange and Web3 company, undertook a comprehensive study to unravel the financial objectives and anticipations of cryptocurrency investors. The study aims to pinpoint pivotal trends and opportunities by conducting external surveys, offering insights to refine the Bitget platform and services. Methodology: The study delves into Bitcoin Halving and its potential implications for investment decisions. It encompassed a representative sample from the general population of cryptocurrency investors and anonymized the data for analysis. A diverse range of demographics was covered, including participants from countries in West Europe, East Europe, South East Asia, East Asia, MENA, and Latin America regions, totaling 9748 participants during November and December in 2023. Bitget Study Highlights: ● 84% of participants anticipate BTC surpassing the previous bull market's all-time high of $69,000, and almost all other regions exceed 80%, except East Europe. ● Globally, more than half of the respondents predict Bitcoin prices during the halving to range between $30k and $60k, while 30% of them believe the price would break $60,000. ● Approximately 70% of respondents express plans to increase crypto investments with higher proportions in MENA and East Europe indicating a stronger inclination to increase investments. ● The data suggests a "short-term cautious, long-term optimistic" sentiment among Western European investors. Global Perspectives: The study reveals a widespread belief in the significant impact of Bitcoin halving on its price, with approximately 78% of investors expressing this sentiment globally. Optimism is notably high in Latin America, East Asia, and South East Asia markets, with 84%, 82%, and 81% foreseeing a substantial impact. Emerging economies in MENA also express a keen interest, with proportions around 80%. West Europe and East Europe exhibit relative caution, with proportions at 71%% and 73%, respectively. Price Expectations: The investor predictions for Bitcoin's price around the 4th halving in April 2024 vary across markets. Approximately 53% of investors globally anticipate the price fluctuating between $30,000 and $60,000, while 30% believe it would break $60,000. Latin America stands out as a particularly optimistic market, with 46% of investors expecting prices to exceed $60,000 and 49% thinking it will range between $30,000 and $60,000. Next Bull Market: Despite the majority of the investors expecting Bitcoin prices below $60,000 during the halving, a resounding 84% of participants anticipate BTC surpassing the previous bull market's all-time high of $69,000, and almost all other regions exceed 80%, except East Europe. Next Bull Market Price Predictions: The survey delves into investors' predictions for Bitcoin prices in the next bull market. 55% of investors predict the next bull market will fluctuate between $50,000 and $100,000, while 8% of investors expect prices to exceed $150,000. West Europe is more optimistic about the next price high, with 41% predicting it to exceed $100,000, even though investors in this region are relatively cautious about the BTC halving impact. It may indicate that these investors are 'short-term cautious, long-term optimistic,' as some Western European investors do not believe the Bitcoin halving will trigger a new bull market. Among the investors who anticipate Bitcoin to exceed $150,000 in value, the greatest percentage hails from Latin America and MENA, which are also optimistic about the Bitcoin price prediction around the Bitcoin 4th halving. Investment Intentions for 2024: Looking ahead to 2024, approximately 70% of investors express plans to increase their crypto investments. Higher proportions in MENA and East Europe indicate a stronger inclination to increase investments. Meanwhile, more investors in South East Asia and East Asia show a preference for maintaining their current investment positions. Conclusion: The Bitget Study on BTC Halving provides comprehensive insights into investors’ expectations and investment plans. With a significant majority anticipating Bitcoin's price surge and expressing intent to increase investments, these findings offer valuable input for Bitget's strategic enhancements. The data showcases varying perspectives across global regions, emphasizing the importance of considering these diverse expectations in shaping platform features and services.

Buy Crypto Or Get Indirect Exposure? (Part 1)

Blockchain tech at the core of the digital space presents itself as both the innovation and the hassle for those who struggle with technologies. There have been alternative ways to get indirect exposure to cryptocurrencies without going through the whole process of setting up your own wallet, getting on-ramp, and purchasing Bitcoin for instance. The most popular one recently is via spot Bitcoin ETFs, but the question remains: should we opt for those alternatives or is it better to own your cryptocurrencies? Viva La Crypto The ultimate idea behind blockchain and the inception of Bitcoin is, first and foremost, freedom. Freedom to access personal holdings without relying on any third party, freedom to own any type of assets regardless of place and time limitations, and freedom to attach a value to any cryptocurrency. People used to jeer at the mere mention of Bitcoin in the late 2000s-early 2010s, but look at us now: over US$1 trillion in total be859bc7-d249-44f6-af7f-a16ffd805ac1 cap, Bitcoin is now the second largest ETF commodity in the U.S. (with Larry Fink having a refreshed perspective on Bitcoin) and countries in the race to be global and regional crypto hubs. It's been a long-winded journey from a joke to the emerging asset class, and it's mind-boggling to say cryptocurrencies aren't here to stay. Unclear Regulations As One Major Entry Barrier However, only around 1.3% of the world's population owns Bitcoin, a real modest number with regards to the recent movement by financial institutions. It's because up until now, countries in the Latin-America and Asia seem to be more open to cryptocurrencies than their peers in Europe and North America. The land of dreams, ironically, was among the most hostile towards blockchain and crypto, with several cases between the U.S. SEC and crypto companies going on for years. Financial markets need an encouraging sign from lawmakers, and the average people almost always follow the crowd to stay out of any potential trouble. Therefore, once again, we want to celebrate a major win for the entire space: DDD-Day: Bitcoin ETF Is Approved. Alternative Option 1: Bitcoin Mining Stocks (P1) Bitcoin ETFs are not the only options for those who are more traditional-minded. In the first part of this series, let's talk about Bitcoin mining stocks as a salute to one of crypto's forefronts. Keep in mind that Bitcoin miners tend to cover other sectors as well, for example, energy, or diversify into other business areas rather than focusing solely on Bitcoin mining. Bitcoin mining stocks had a brilliant 2023 with an average return of 344% compared to NASDAQ 100's 55%. The best performer of the year is Marathon Digital Holdings Inc. (NASDAQ:MARA), whose shares ended the year with a 591% increase. Marathon currently owns 15,174 Bitcoin or US$610 million as of today (January 26, 2024 ) and is the biggest Bitcoin holder among publicly listed miners in the U.S. Almost all Bitcoin miners outperformed NASDAQ 100 (100 largest tech companies) in 2023, especially in July thanks to the market's bullish sentiment on the SEC's approval of spot Bitcoin ETFs. They even outperformed Bitcoin itself, however at the costs of higher volatility than the flagship cryptocurrency. How is that possible then, if the 13 mentioned miners hold at least 40,000 Bitcoin or 0.2% Bitcoin's total supply and are constantly creating new ones? The answer lies in efficiency. Bitcoin undergoes halving every four years, meaning the numbers of Bitcoin to be mined will reduce by half after each halving event. Bitcoin miners are the main target of the Bitcoin halving function: they have to compete with newer, more efficient mining rigs, which of course means higher costs, to survive the halving, let alone keep generating profits as Bitcoin has become extremely volatile after spot ETF launch. The chart above shows Bitcoin mining stocks all dipping in red since the approval and first trading day of spot Bitcoin ETFs (January 10-11). Prices reduced by half can also be a result of capital reallocation from investors; after all, spot Bitcoin ETFs provide exposure to Bitcoin without taking into consideration revenues, cash flows, and expenses of miners. If you are to purchase Bitcoin mining stocks, brace yourself for a rollercoaster of emotions, at least into Q2 this year. To be discussed next are the Bitcoin mining landscape, an introduction to the best Bitcoin mining stocks, and what to expect as the fourth Bitcoin halving is drawing near. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Hot Takes (August 21 - August 27)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. The latest Bitget Hot Takes can be found here. Central Themes • BGB is seeing the end of a recent downward trend. • Higher bond yields plus Powell’s hawkish tone made many investors ditch riskier assets, driving BTC price below US$26,000. • WLD and PEPE nosedived. BGB: Back On Track Several indicators including MACD and Bollinger Bands or even RSI are showing the (continued) reversal of trend after BGB reached its lowest level of US$0.413070 since June 2023. BGB is also one of the few cryptocurrencies that ended the week in the green with a +1.3% return. In contrast, Bitcoin’s opening price last week (US$26,188.69) was 10.6% lower than the week from August 14 - 20 (US$29,283.26) and its 7D performance stands at -0.4%. While the Top 5 had to experience 4 to 5 days of bleeding out of 7, BGB only saw 3, which were of lower degree of losses than the others as well. That logically led to BGB maintaining a consistently low volatility throughout the last four weeks. More BGB trading activities were recorded this week, i.e. 7D BGB volume increased by nearly 10%. That means BGB has not only been able to keep a steady liquidity ratio of 0.02 over the last four weeks but is also achieving higher levels. You can find a summary of all the perks and events exclusive for BGB holders last week here: … and check out our BGB Sail Series to see how impressive BGB monthly performance is: BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition BGB Sail: April Edition BGB Sail: March Edition BGB Sail: February Edition On a side note, recent data shows that BGB has become, once again, the exchange token with the highest potential. The disproportionate growth between BGB value and Bitget makes room for BGB to soar higher - are you ready? Investors Are Seemingly Ditching Riskier Assets Bitcoin’s losses were extended by another 0.4% this week, with the lowest BTC price being US$25,984. That could be the result of rising U.S. bond yields, a situation where investors expect to earn more by holding government bonds even after adjusting for inflation. On top of that, the FED Chair Jerome Powell signals possible further rate hikes during his speech at Jackson Hole; the market has already begun to price in another 25 bps for the next FOMC accordingly. Affected are stocks, crypto-related stocks and crypto alike, hence the drop in their prices as well as volume. Alts surely suffered, too; the global market cap slided 4.7% further to US$1.05 trillion. All crypto stocks saw two-figure volume decline this week, regardless of their performance. Dire consequences have arised following the mounting regulatory pressure on Binance, including being shut out of the banking system, mainly in the U.S. Payment card issuers Mastercard and Visa are the latest to give the exchange a blow, bringing their crypto card partnership with Binance to an end. Visa already stopped issuing new Binance crypto cards in July, and Mastercard joined their peer by announcing the closing of their crypto card pilot programs with Binance in four Latin America and Middle East countries of Argentina, Brazil, Colombia and Bahrain. The Latest Bitget News The famous Bitget’s KCGI for 2023 has begun with the Spot Trading registration! Make a team of at least five trading superheroes to receive 100 BGB or be the lone wolf and secure up to 50 BGB! Rewards are limited on a first come, first serve basis - don’t let this opportunity pass by! The prize pool for the Spot Trading league is 50,000 USDT, and rules are just out: Into the Arena: Bitget KCGI 2023 Spot Trading Competition Rules More on Bitget’s 2023 KCGI can be found here: Bitget KCGI 2023: Unleashing the World's Trading Titans Bitget has recently undergone the new rebranding initiative that demonstrates our dedication in equipping individuals with innovative products as well as sophisticated tools for an efficient financial future. Both our focus on users and our commitment of providing a safe, smart and productive trading environment remain the same. Solidus AI Tech (AITECH) will be the next initial listing on Bitget Spot Trading on August 28, 2023 at 11:00 AM (UTC). Many of the best daily gainers of the week belong to the initial listings on Bitget Spot Trading, it surely matters when the trading opened (LAB/USDT with 1,928.6%) but keep in mind that the potential of these tokens is long-term and thus can guarantee an awesome gain at any time: KAT/USDT (+256.1%), WAGIEBOT/USDT (+59.6%), AIMBOT/USDT (+47.7%) and CLIPS/USDT (+22.8%). Other notable mentions include GINOA/USDT (+208.6%), XLM/USDT (+143%) and TET/USDT (+134.5%). New options for Bitget Earn: Want to join the BGB holder squad without having to find a good entry for BGB? Subscribe to LTC, EGLD, BONE, TAO, or ORDI Savings products to earn BGB! For those who want to dive in the world of investments, we have increased the guaranteed floor APR for Bitget Smart Trend to 4.5% and to 7% for Bitget Shark Fin! Don’t forget to check out the latest upgrade of Bitget Dual Investment is even higher APR (over 200%), daily subscriptions and VIP exclusives! The latest rounds of Bitget Range Sniper ended with Bearish_BTC_Sniper Range achieving an incredible 629% APR upon maturity - subscribe to not miss these wonderful earning opportunities! Bitget Futures Markets saw a decrease of 27.7% for the average crypto OI and 29.5% for the average Bitcoin OI in the last 7 days, meaning Bitcoin dominance on the futures market has decreased by 3.1% on average. Bitget Spot Trading’s volume was down by 27.1%. All these figures mirror the volume of crypto stocks as a direct result of the lower global market cap. Bitget Rewards Center has been upgraded! New users can now get up to 5,027 USDT for free and earn an additional bonus when you log in to your account daily. Sign up immediately to get the most out of our promotion campaign! New Events Share Win: 3 steps to win up to 100 USDT rewards from KCGI Call-Out to Creators: Get up to 2000 BGB and shout out to KCGI 2023! Flash sale! 10% off on USDT ! Every Monday on Bitget P2P ! 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