Analysis Crypto by Thebittimes.Com

Between December 4 and December 5, Bitcoin (BTC) reignited its rally and crossed above $100,000 for the first time in its history. At one point, it was even close to crossing above $104,000. President-Elect Donald Trump was, under the circumstances, quick to congratulate cryptocurrency investors on his social media platform, Truth Social , and even implied the rally was his doing. Donald Trump comments on Bitcoin crossing above $100,000. Source: Truth Social Is Trump the great catalyst of the 2024 cryptocurrency market Indeed, it is hard to deny that Donald Trump, or, perhaps more accurately, the perception of the administration to come, played a big part in the cryptocurrency market’s recent performance. Picks for you $870 billion asset manager that accurately predicted Bitcoin's $100k target sets 2025 price ...

In the latest post, President-elect Donald Trump announced plans to select Paul Atkins as the new US Securities and Exchange Commission chair. This new development is currently dubbed a momentous change, ushering in more positivity in the cryptocurrency sector. Will this new development impact XRP’s price in a more positive way? Let’s find out. Also Read: Dogecoin Turns an Investment of $1,000 Into $1.8 Million Paul Atkins As The New SEC Chair: What Happens Next? Image Source: Sec.gov The president-elect, Donald Trump, is busy these days building his “super league” by assigning credible cabinet roles to worthy competitors. In this wake, Trump has selected Paul Atkins as the new SEC chair. The development has prompted a wave of excitement to spread across the cryptocurrency domain. BREAKING: TRUMP NAMES CRYPTO CHAMPION PAUL ATKINS AS NEXT SEC CHAIR Trump has chosen Paul Atkins, a pro-crypto trailblazer, to lead the SEC—marking a massive win for the crypto industry. Atkins, known fo...

The XRP price surged 7% in the last 24 hours to trade at $1.490 as of 02:25 a.m. EST on trading volume that plunged 17% to $7.5 billion. This comes as Former U.S Securities and Exchange Commission (SEC) Commissioner Paul Atkins is reportedly the top contender to chair the agency under President-elect Donald Trump’s administration. Known for his pro-innovation stance and crypto expertise, Atkins is seen as capable of restoring the SEC to its “gold standard,” according to financial reporter Eleanor Terrett. 🚨NEW: Former SEC commissioner Paul Atkins is said to still be the favorite among top transition team members to lead the @SECGov, according to two sources close to discussions at Mar-a-Lago. @FoxBusiness, @CGasparino reported earlier this week that Atkins was in the lead for the… — Eleanor Terrett (@EleanorTerrett) November 27, 2024 Atkins’ potential appointment coincides with speculation that Trump’s administration might transf...