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Federal Reserve Chairman Jerome Powell, in a statement, stated that he would not comment on gold or Bitcoin prices, emphasizing that inflation is driven by fundamental supply and demand factors. #PowellRemarks #CryptoMarketAnalysis #TrumpTariffs
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🇰🇪 Kenya Passes Crypto Asset Law to Attract Investments Kenya's parliament has approved a new law to regulate cryptocurrencies, aiming to boost investment and bring clear rules to the growing digital asset industry. The Virtual Asset Service Providers Bill gives the Central Bank power to license stablecoins and other crypto assets, while the capital markets regulator will handle crypto exchanges and trading platforms. President William Ruto still needs to sign the bill into law, which would make Kenya one of the first African countries with a clear legal framework for crypto, alongside South Africa. The government hopes this move will attract global crypto companies like Binance and Coinbase, turning Kenya into a gateway for crypto in Africa. Many young Kenyans already use digital assets for trading, payments, and investments. The new law is based on global standards from countries like the U. S. and the U.K. #MarketPullback #WhaleAlert #CryptoMarketAnalysis
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Forbes just reported that President Donald Trump holds around $870 million worth of Bitcoin, making him one of the largest private holders in the world. Markets reacted fast. Bitcoin rebounded ~3.7%, Ethereum jumped ~9%, and total spot ETF trading volume topped $1B in just 10 minutes. Meanwhile, gold and silver both hit new all-time highs- $4,100 and $51.78 as Citibank announced plans to launch crypto custody services in 2026. It's shaping up to be one of the most volatile Octobers yet with the U.S. government shutdown forecasted to last over 35 days, China reopening trade talks, and Kenya officially passing a crypto investment law. #TrumpTariffs #TrumpNews #CryptoMarketAnalysis
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👀 President Trump is facing new accusations of profiting from his presidency through crypto-related ventures. Reports suggest several of his business-linked entities may have benefited from crypto exposure during his term. Meanwhile, his comments on China came after Beijing reportedly declined a U.S. call following the announcement of new export controls a move that momentarily shook global markets before rebounding sharply. Bitcoin and Ethereum have recovered to $115K and $4.2K, adding over $220 billion back into total crypto market cap as traders digest tariff and policy updates. #TrumpTariffs #MarketRebound #MarketRouteToRecovery #BinanceSquareTalks
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Google Cloud just added Algorand as a partner for its new Agent Payments Protocol (AP2) a system that enables secure, cross-platform payments powered by Al agents. Algorand says its instant finality, low fees, and strong security make it ideal for powering fast, frictionless transactions inside Google's new payment layer. If Google's Al ecosystem starts using blockchain for payments, this could mark a major shift in how tech giants move money. #CryptoMarketAnalysis #Partnership #MarketPullback
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