Donald Trump Vows To End ‘Joe Biden’s War On Crypto,’ Shiba Inu’s Burn Rate Surges, TrumpCoin Mystery And More: This Week In Cryptocurrency

This has been a rollercoaster week for the cryptocurrency world. World Coin The crypto world was abuzz with excitement as Bitcoin surpassed both Bitcoin and Ethereum, the Argentine president endorsed Bitcoin, and Donald Trump vowed to end the “crypto wars.” Not to mention the skyrocketing burn rate of the “Dogecoin killer” Shiba Inu and the fascinating story of how TrumpCoin was born. Let’s take a closer look.

Great performance of WorldCoin

Blockchain-based identity project WorldCoin has seen a massive surge, outpacing coins with much higher market capitalizations. The token has surged more than 7% in the past 24 hours, Bitcoin BTC/USD Ethereum ETH/USD It remained within the range. WorldCoin trading volume also increased by 74% to $275 million, indicating significant buying pressure. Read the full article here.

Argentine President Makes Impassioned Appeal for Currency Race

Argentine President Javier Milley stated that he supports free competition for currencies, including Bitcoin. In response to comments from cryptocurrency analysts, Milley said that free competition for currencies will take place and that there will be no problems for those who want to use Bitcoin. Read the full article here.

President Trump’s Cryptocurrency Pledge

During his election campaign, former President Donald Trump vowed to end President Joe Biden’s “cryptocurrency wars.” Trump claimed the future of cryptocurrencies and Bitcoin is made in America, drawing cheers and applause from the audience. Read the full article here.

The potential of the Shiba Inu

Shiba Inu SHIB/USDDubbed the “Dogecoin Killer,” the Dogecoin hack has caused a surge in burn rates and new accounts. Burn rates have skyrocketed by 84,642.4% in the past 24 hours, with over 10 million SHIB coins burned in just 6 hours. Read the full article here.

Trump Coin Mystery

Martin Shkreli, known as “Pharmabro,” was arrested by Barron Trump, the son of former President Donald Trump. Trump Coin DJT/USD The tokens were approved by his father, but Barron Trump and his representatives have yet to make any public comments on the matter. You can read the full article here.

Eivind Pedersen from Pixabay

This story was produced by Benzinga Neuro and edited by Navdeep Yadav.

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