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Alts About to Lambo? Trump Mulls $2K Tariff Payout for Americans

President Trump is contemplating distributing rebates of up to $2,000 for Americans funded by tariff revenues. This potential windfall could encourage increased investments in alternative cryptocurrencies, as noted in a recent analysis. Previous stimulus measures during the COVID-19 pandemic significantly drove the 2020-21 altcoin bull market, and similar behavior is expected to follow if these rebates are implemented. The anticipated tariff dividends could lead to riskier financial behavior among recipients, stimulating investments in altcoins, which have recently been overshadowed by Bitcoin. Additionally, potential Federal Reserve interest rate cuts may alleviate financial pressures, prompting further crypto investments. Despite recent altcoin market performance being muted compared to Bitcoin, there is a historical precedent for a surge in altcoin interest in response to cash influxes. Analysts suggest this potential alt season may be more selective, driven by genuine utility rather than speculative hype, considering the current larger total crypto market cap and elevated interest rates that now deter indiscriminate altcoin rallies.

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Ethereum Briefly Hits Two-Week High of $4,500: What's Next?

Ethereum recently climbed to a two-week peak of $4,500, marking a strong performance despite volatility in traditional markets. The cryptocurrency, the second-largest by market cap, saw a 1.6% increase in 24 hours, closing Q3 with a remarkable 74% return and a 34% annual gain. Some analysts believe that

UK renews Apple iCloud backdoor push, threatening crypto wallet security

The UK government is pressuring Apple to create a backdoor into its encrypted iCloud backup services, specifically targeting UK-based accounts. This change raises concerns among cybersecurity and crypto advocates, as many mobile wallets store encrypted backups in iCloud, exposing users to potential attacks. Critics argue that allowing access to these

Crypto Markets Today: Bitcoin Pressures $120K as Traders Brace for Potential Short Squeeze

Bitcoin continues to challenge the $120,000 resistance, putting it in a position for potential record highs. Current futures open interest is above $32 billion, with basis rates nearing 8%. However, indications show mixed sentiments in the derivatives market, with some exchanges exhibiting aggressive long positions and others reflecting more

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