bitcoin price surged to $63,000 following former U.S. President Donald Trump's first public bitcoin purchase at a New York City bar. This event, coupled with his recent crypto venture, signifies a pivotal moment for bitcoin's mainstream acceptance. Trump's increasing involvement in the bitcoin sphere could impact public intrigue and investor confidence, potentially driving prices upward.
Donald Trump Makes First Public bitcoin Purchase in NYC Bar for Hamburgers
Former President and 2024 Republican candidate Donald Trump grabbed headlines by using bitcoin to buy hamburgers at Pubkey, a New York City bar. This milestone marked the first public bitcoin transaction by a former president. Just two days prior, Trump revealed a cryptocurrency token through world Liberty Financial, a platform in which he and his family have investments.
Despite his prior criticisms of bitcoin, Trump's growing ties to the bitcoin community could enhance public awareness and investor trust in the cryptocurrency. With more influential figures and institutions engaging with bitcoin, its visibility among the general populace and investor confidence could rise, potentially leading to a surge in BTC prices.
Key Takeaways:
Rari Capital Settles SEC Charges Over Unregistered DeFi Securities
Rari Capital, a decentralized finance (DeFi) platform, along with its co-founders, reached a settlement with the SEC for offering unregistered securities and functioning as an unregistered broker. The platform misled investors by portraying its earn and Fuse pools as automated, high-yield investments when, in reality, they were manually managed, leading to investor losses due to hidden fees.
The co-founders, Jai Bhavnani, Jack Lipstone, and David Lucid, accepted a two-year fine and a five-year restriction from serving as officers. Rari's successor firm also settled the charges without admitting or denying them. This case highlights the SEC's intensified focus on regulating DeFi platforms.
Key Takeaways:
- Rari Capital resolves SEC charges regarding unregistered securities.
- Co-founders face penalties and a five-year prohibition.
- Stricter DeFi regulations may impact the crypto market.
Billionaire Bryan Johnson Links Anti-Aging to bitcoin’s Rejection of Inflation
Tech entrepreneur Bryan Johnson, emphasizing anti-aging efforts, draws a parallel between his longevity pursuits and bitcoin. Speaking at TOKEN2049, Johnson remarked, "bitcoin rejects inflation, and I reject aging." At 47, Johnson asserts to have reversed his biological age by five years through his "Don't Die" regimen, a three-year dedication project.
Johnson aligns with notable crypto enthusiasts like ethereum's Vitalik Buterin in supporting anti-aging research. This fusion of bitcoin with innovative tech solutions by Johnson could bolster awareness and investor interest, potentially influencing BTC prices.
Key Takeaways:
- Bryan Johnson correlates bitcoin's deflationary characteristic with his anti-aging crusade.
- He claims to have reversed his biological age by five years.
- His bitcoin advocacy might positively impact crypto interest.
bitcoin (BTC/USD) Daily Technical Outlook – September 19, 2024
coins/bitcoin/">bitcoin (BTC/USD) surged to $62,907, surpassing crucial resistance levels post its recent bullish momentum. The 1.618 Fibonacci extension at $62,671 has been exceeded, indicating further upside potential. Initial resistance lies at $63,489, with subsequent targets at $64,071 and $64,812, coinciding with the 2.272 and 2.618 Fibonacci levels.
Immediate support can be found at $61,923, followed by $60,879, aligning with the 0.786 Fibonacci retracement. The 50-period EMA at $59,815 provides additional support, maintaining a bullish outlook unless breached. With the RSI at 74.41 signaling overbought conditions, traders should remain vigilant for a potential correction towards $61,923. However, as long as bitcoin holds above $62,671, the trend remains bullish.
Why pepe Unchained ($PEPU) Is a Strong Addition to Your crypto Portfolio
Within the realm of emerging cryptocurrencies, pepe Unchained ($PEPU) is swiftly garnering attention for its potential to offer substantial returns to early investors.
Presale Advantage
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Passive Income Opportunity
The 499% APY staking feature presents an excellent avenue to generate passive income, solidifying $PEPU as a key player in the crypto market.
Investor Confidence
Over 321 million $PEPU tokens have been staked, indicating robust confidence in the project's long-term vision and potential for success.
Don’t Miss Out on the pepe Unchained Presale
- Secure Investment: Thorough audits by Coinsult and SolidProof ensure a safe and transparent investment.
- Easy Purchase Options: Conveniently buy with ETH, USDT, BNB, or a credit card.
- Take Action Now: The presale has raised over $13 million towards its $14.7 million target.
Currently, 1 $PEPU is priced at $0.00981, making it an opportune moment to invest before the impending price escalation.
Disclaimer: crypto investments carry high risk. This article serves for informational purposes and does not constitute investment advice. Loss of capital is possible.
