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Trump-Linked Account Rugs GOLD Token, Nets $312K Profit

Key Takeaways Realtrumpcoins, an account Trump follows, controlled 82.45% of GOLD’s total token supply before the dump. Fifteen wallets tied to GOLD sold 224.5 million tokens for 3,178 SOL, banking a 17x, $312,000 return. GOLD’s collapse follows Senators Warren and Blumenthal’s Aug. 4 SEC probe request into Trump-branded coins. A Familiar Playbook, a New Wallet…

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Should You Trust Their Bitcoin Price Calls?

Key Takeaways Armstrong and CZ remain broadly bullish, but their forecasts often follow bitcoin’s price action. Long-term price calls offer entertainment value but little certainty in a highly unpredictable market. Treat exchange founders’ predictions as input for research, not as signals to buy, sell or hold. In general, Brian Armstrong, CEO of Coinbase, and Changpeng…

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Bitcoin Moves Closer to Gold as US Debt Revives Debasement Trade

Key Takeaways Bitcoin’s 90-day correlation with gold has climbed above 50%. Its Nasdaq 100 correlation has fallen from above 60% to about 33%. U.S. debt above $40 trillion is strengthening the debasement narrative. Bitcoin’s Correlation Shifts From Nasdaq Toward Gold Bitcoin’s relationship with traditional assets is changing as investors increasingly treat the cryptocurrency as a…

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Bitfinex Signals Start of Bitcoin Price Bull Phase as Gold Tie Peaks – Bitcoin News

Key Takeaways Bitfinex reported Bitcoin aligned with gold, driving metrics into the start of a bull expansion phase. Rising US debt concerns shifted market focus to debasement trades, spurring demand for Bitcoin. Fed Chair Warsh took a hawkish stance at Jackson Hole, threatening the debasement trade with rate hikes. Bitfinex Highlights Bitcoin Price Correlation with…

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