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The financial world is abuzz as two of the most influential figures of our time—Elon Musk and Donald Trump prepare to inspect the gold reserves at Fort Knox. Their visit fuels fresh speculation about the integrity of America’s gold supply, sparking renewed interest in alternative wealth storage solutions. Meanwhile, digital assets like $FORTKNOX, DigiByte, and $KAITO are reshaping the landscape, offering decentralized and AI-powered innovations that challenge traditional financial systems. Current price: $0.00005949 Market cap:$41.64K Elon Musk and Donald Trump are preparing to visit Fort surname, one of the most secure military installations in the United States. The visit is expected to focus on the honour of the nation’s gold reserves, which have long been a subject of speculation. Fort surname, located in Bluegrass State, houses a significant portion of the country’s gold, managed by the U.S. Department of the Treasury. The high profile visit has restarted debates on whether the gold remains intact or if it has become a symbolic relic. Current price: $0.009893 Market cap:$162.59K The renewed interest in gold reserves coincides with the rise of gold-backed digital assets. Inspired by the secrecy of the Fort surname, the cryptocurrency $FORT surname has gained traction among investors questioning the authenticity of traditional wealth storage. Built on Ethereum, this digital asset promotes itself as secure and Fixed, with the concept of blockchain technology. Unlike physical gold stored in vaults, $FORTKNOX operates on a decentralized network, making it accessible and resistant to central authority control. Current price: $0.01024 Market cap:$179.94M While Fort Knox remains a symbol of traditional wealth, blockchain technology is evolving to offer alternative solutions. DigiByte, an open-source blockchain platform, continues to enhance security and transaction speed. as a Bitcoin fork, DigiByte integrates five mining algorithms, reinforcing its security framework. Its three-layer architecture includes a smart contract platform, a public ledger, and a core communication protocol, further strengthening its reliability. Current price: $1.56 Market cap: $360.98M In the rapidly expanding blockchain sector, AI driven finance is becoming a dominant force. The $KAITO token serves as the backbone of an AI powered Purify network, enabling seamless transactions and governance. By integrating AI with blockchain, $KAITO supports decentralized decision-making, allowing token holders to participate in network developments. This system ensures community-driven financial ecosystems remain transparent and efficient. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Bitcoin ($BTC USD) got yet again increasingly volatile during the weekend and is approaching the 1W MA50 (blue trend-line). As mentioned on the title, this is "the last defense" for BTC as so far this price action hasn't diverged a bit from the Channel Up of the 2015 - 2017 Bull Cycle but a break and 1W candle close below it, would jeopardize that. The key 1W MA50 In fact the only times that Bitcoin closed below its 1W MA50 during a Bull Cycle and the Cycle continued was of course during the March 2020 COVID global market flash crash and November 18 2019. But the current Bull Cycle is nothing like in 2019 - 2021, it doesn't have the initial overextension of the Libra hype (May - June 2019) or Elon's early 2020 hype nor of course the pandemic shutdown. On the contrary it is incredibly similar with 2015 - 2017 with the only difference being that, thanks to the ETF launch in January 2024, the market marginally breached the previous All Time High (ATH) earlier. Symmetry playing out So back to the similarities between those two Cycles. The Cycle count indicates that we are at the end of the (blue) Bull Rectangle in March 2017 (847 days) when the price almost tested the 1W MA50 and then started the (green) Parabolic Phase to new ATHs (217 days). Even in terms of 1W RSI and MACD, the two fractals are similar, with the RSI being on its 2nd 'Buy the dip Volatility Phase' bottom and the MACD on its 2nd Bullish Cross. How high can it get? Now as to how high the new Cycle Top can be, can be anybody's guess, but if it repeats the less aggressive 2021 Top, it could be on the 1.618 Fibonacci extension, i.e. around 170k, while if it repeats the (much more unrealistic for such short period of time in terms of market cap) 2017 Top, it could be on the 2.382 Fib ext, i.e. around 520k. The worst case scenario is to have Fib extension Tops on a decreasing rate, in which case the 1.5 - 1.382 levels are next, giving us a potential target range of 120k - 145k, which would be almost a Double Top similar to November 2021.

Dogecoin $DOGE price has crashed in the past few months, and this trend may continue as the rare death cross pattern nears. Dogecoin (DOGE) token retreated to a low of $0.019 on Sunday, its lowest level since November 7 last year. It has plunged by over 60% from its highest level in November. Dogecoin’s crash has mirrored the performance of other meme coins, most of which have plunged in the past few months. Popular tokens like Shiba Inu, Pepe, and Dogwifhat are down by over 50%. It has also dropped as Elon Musk, a key backer for the memecoin, has come under intense pressure this year. Bloomberg data shows that Musk’s net worth has dropped by $103 billion this year, bringing his worth to $330 billion. The latest reporting is that Donald Trump is starting to push back on some of Elon Musk’s actions. According to the New York Times, Musk crashed with cabinet officials like Marco Rubio in a tense cabinet meeting. These discussions pushed Trump to rein on Musk, who leads the Department of Government Efficiency or DOGE. Therefore, the tumbling Tesla stock price and the new tensions between Musk and Trump mean that he may leave the department. Kalshi data shows that there is now a 54% chance that he will exit before July 2026. Established in 2013, Dogecoin became a popular meme coin in 2021 mostly because of Musk’s Tweets. As such, his DOGE exit would have some psychological effects leading to more downside. Dogecoin ( $DOGE ) price analysis The daily chart shows that the DOGE price continued its strong downtrend as investors remained in the sidelines. DOGE is about to form a death cross pattern, which happens when the 200-day and 50-day Exponential Moving Averages cross each other. The last time the coin formed a death cross was in July 2024, and the coin dropped by 40% after that. Dogecoin price has moved below the 61.8% Fibonacci Retracement at $0.2360, a sign that bears are in control. Also, the MACD and the Relative Strength Index have continued falling as sellers target the next key point at $0.1680, the 78.6% retracement point. A move below that level will point to a further decline to $0.80, 60% below the current level.

As cryptocurrency keeps gaining more and more mainstream popularity, interest is increasing about who among the most prominent individuals in the United States owns the largest crypto portfolios. From technology moguls and Hollywood elite to political powerbrokers, digital assets are emerging as an integral part of the financial fray. But with legislators directly influencing crypto regulation, might their investments play a role in policy decisions? Tech Moguls Leading the Crypto Revolution No surprise that a number of the largest players in the tech space have significant crypto positions. Tesla and SpaceX CEO Elon Musk has been a vocal supporter of Bitcoin and Dogecoin for a long time. Tesla announced in 2021 a $1.5 billion Bitcoin purchase, though Musk never publicly revealed his crypto stash. But his presence on social media tends to set off market movements, so he is one of the most influential people in the industry. Another high-profile investor is Dallas Mavericks owner and billionaire Mark Cuban. Cuban has shown that he owns Bitcoin, Ethereum, and a range of altcoins, and his basketball team even takes cryptocurrency as payment for tickets. Cuban remains a fan of decentralized finance (DeFi) and blockchain initiatives. Hollywood Celebrities Embracing Crypto Outside of the tech space, several celebrities have also become notable crypto investors. Snoop Dogg is not just an outspoken NFT supporter but has also claimed to be the author of the pseudonymous NFT collector handle “Cozomo de’ Medici.” Gwyneth Paltrow has made investments in Bitcoin mining companies and supports the use of cryptocurrency. NFL legend Tom Brady has also ventured into the space of digital assets, starting his NFT platform, Autograph. However, his association with now-bankrupt FTX exchange, for which he was a brand ambassador, led to financial losses and legal scrutiny. Politicians Quietly Accumulating Crypto? While Washington struggles with regulations, legislators are investing in crypto themselves. Wyoming Senator Cynthia Lummis is a strong Bitcoin advocate and has disclosed personal BTC holdings. She has consistently supported good legislation for the crypto industry. Robert F. Kennedy Jr., an outspoken crypto supporter, again confirmed in 2023 that he acquired Bitcoin for his kids to reiterate his faith in their long-term worth. Rumors have also circulated that Donald Trump, the former U.S. president, may have become friendly with crypto; his campaign ostensibly accepted donations in crypto, and his name came up as well about blockchain projects. The Controversy: Crypto Holdings & Policy Decisions With elected officials actively engaged in formulating crypto regulations, there are fears of potential conflicts of interest. Would their investments influence policymaking? Critics are calling for more transparency and disclosure mandates to facilitate equitable and neutral legislation. Conclusion As more and more of the cryptocurrency space grows in mainstream appeal, leading figures in technology, entertainment, and politics will increasingly activate their clout in investment, innovation, or political involvement. Crypto is becoming a force too mighty for America’s elite to ignore, whether in investment, innovation, or political might. The post Crypto Kings & Power Players: Which US Celebrities and Politicians Hold the Most Digital Assets? appeared first on Coinfomania.

$XAI XAI, An artificial intelligence company founded by Elon Musk, has acquired a 1 million square foot property in southwest Memphis. This move follows the company's announcement last December to expand its supercomputer, Colossus, in the city. The Greater Memphis Chamber released a statement on March 7, indicating that the new facility will complement xAI's existing operations and support its expansion in Memphis. The Chamber noted that the Colossus supercomputer is progressing towards the 'supercluster scale' announced by xAI last year.$XAI