Portal pricePORTAL

The cryptocurrency market is on a remarkable upswing, with Bitcoin recently crossing the $100,000 mark. This upswing coincides with the re-election of Donald Trump as President of the United States, leading many to speculate on the connection between his return to power and the performance of the crypto market. Let’s look at the factors contributing to this rally and assess the extent of Trump’s influence. Trump’s pro-crypto stance During his 2024 campaign, Trump took a notable pro-cryptocurrency stance, pledging to make the U.S. the “crypto capital of the planet,” a marked shift from his previous skepticism toward digital assets. His administration’s pledge to establish a strategic Bitcoin reserve has further boosted investor confidence and signals a potential integration of cryptocurrencies into national economic strategies. Market reaction to political developments The re-election of a president who is favorable to cryptocurrencies has had an undeniable impact on market sentiment. Following Trump’s victory, Bitcoin’s price climbed from around $69,374 on election day to over $100,000 within a month. This rapid rise reflects increased investor optimism and the rush for expected regulatory easing. Regulatory Environment and Institutional Investment Trump’s administration is expected to introduce a more crypto-friendly regulatory framework. The appointment of crypto advocates to key positions, such as Paul Atkins at the Securities and Exchange Commission (SEC), indicates a shift toward policies that could encourage the growth of digital assets. This expected regulatory clarity has attracted significant institutional investment, with companies like MicroStrategy seeing significant stock gains due to their Bitcoin holdings. Global impact and adoption rates The US’s crypto-friendly stance under Trump’s leadership has international implications. European markets facing strict regulations such as the Markets in Crypto Assets Regulation (MiCA) may see startups migrate to the more accommodating US environment. Additionally, crypto adoption has skyrocketed among younger demographics, with platforms seeing a 683% increase in users aged 18-25 following the election. Quantifying the Impact While it is difficult to attribute the crypto rally to Trump’s re-election alone, several quantifiable factors suggest a strong correlation. For example, Bitcoin’s value increased by about 50% in the month following the election, indicating significant market optimism. The total cryptocurrency market capitalization has doubled to over $3.8 trillion since the election, indicating increased investment inflows. Share prices of companies like MicroStrategy have increased by over 400% in 2024, correlating with their sizable Bitcoin holdings and the crypto-political climate. As a result, investors have increased their search for platforms that offer cryptocurrency exposure in recent months, even in NSFW industries that rely on crypto for privacy and anonymity. Erobella, an escort portal based in Vienna, is one such company that has seen a significant increase in investor outreach since Trump’s election. So is it all down to Trump? Donald Trump’s re-election has played a crucial role in the recent cryptocurrency rally. His administration’s positive stance toward digital assets coupled with expected regulatory reforms has created an environment ripe for market growth. While other factors also contribute to market dynamics, the influence of the political landscape on investor sentiment and market performance is unmistakable.

Here’s the Deadline Date for FTX Creditor Claims The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in late 2024 or early 2025, with all valid claims being expressed in U.S. dollars. In a statement, PricewaterhouseCoopers (PwC), the official liquidator overseeing FTX’s bankruptcy proceedings, disclosed that FTX Digital Markets is undergoing a Chapter 11 settlement with FTX Trading and its affiliated debtors. “FTX Digital Markets has successfully negotiated a settlement with FTX Trading Ltd. and its affiliated debtors under the Chapter 11 Proceedings,” the statement read. This agreement aims to consolidate assets from both entities’ estates, facilitating a coordinated approach to creditor distributions. The objective is to ensure that FTX’s .

$REX has launched its Decentralized Subscription Services Hub (DSSH), a groundbreaking platform that allows users to manage and pay for digital subscriptions using $REX tokens. This hub eliminates the need for multiple payment systems by consolidating all subscription services in one decentralized ecosystem. The DSSH integrates Smart Subscription Contracts, enabling users to set automated payments with complete transparency and control. These contracts ensure that funds are only released when the service provider meets the agreed terms, protecting subscribers from fraud or service interruptions. A standout feature of the platform is the Subscription Sharing Pool, which allows users to split costs with friends or family seamlessly. Payments are divided proportionally, and each participant's contribution is tracked on the blockchain for clarity. Additionally, the hub includes a Service Discovery Portal, where users can explore verified subscription services, from streaming platforms and e-learning sites to software tools and gaming services, all accessible through the $REX ecosystem. By merging blockchain with subscription management, $REX’s DSSH simplifies the way users interact with digital services, offering greater flexibility, security, and savings for the global market.

🔹Falling Wedge Pattern ( Bullish) 🔹Expecting a Breakout here. 🔹We have 4hr 50 EMA at 0.3494$ 🔹Once Price breaks and close above this zone. 🔹Expected target will be 0.50$ 🔹Keep an eye on $PORTAL

1. Pattern: The Falling Wedge is typically a bullish pattern, suggesting a potential reversal or breakout to the upside after a period of downward movement. 2. Current Resistance: The 4-hour 50 EMA at $0.3494 is acting as a key resistance level. For confirmation, the price must break and close above this EMA. 3. Target: Once the breakout happens, you're targeting $0.50, which is a significant upside move from the current resistance level. 4. Asset to Watch: You're keeping an eye on $PORTAL, which is likely the asset you're trading or analyzing for this pattern. Actionable Point: If the price closes above $0.3494 on the 4-hour chart, it could signal a strong upward move toward the target of $0.50. Make sure to watch for any confirmation signals (like volume increases) around the breakout to avoid false moves.