Bitcoin's 'hopium' for bulls may be over and this weekend's slide could be just the beginning

The post Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion appeared on BitcoinEthereumNews.com. In brief Shares of BitMine Immersion

MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. MYX Finance (MYX) came in the spotlight earlier this…

The post How The ByteDance App Survived Trump And A US Ban appeared on BitcoinEthereumNews.com. WASHINGTON, DC – MARCH 13: Participants hold signs in support of TikTok outside the U.S. Capitol Building on March 13, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images From President Trump’s first ban attempt to a near-blackout earlier this year, TikTok’s five-year roller coaster ride looks like it’s finally slowing down now that Trump has unveiled a deal framework to keep the ByteDance app alive in the U.S. A look back at the saga around TikTok starting in 2020, however, shows just how close the app came to being shut out of the US – how it narrowly averted a ban and forced sale that found rare bipartisan backing in Washington. Recapping TikTok’s dramatic five-year battle When I interviewed Brendan Carr back in 2022, for example, the future FCC chairman was already certain at that point that TikTok’s days were numbered. For a litany of perceived sins — everything from the too-cozy relationship of the app’s parent company with China’s ruling regime to the app’s repeated floating of user privacy — Carr was already convinced, at least during his conversation with me, that: “The tide is going out on TikTok.” It was, in fact, one of the few issues that Washington lawmakers seemed to agree on. Even then-President Biden was on board, having resurrected Trump’s aborted TikTok ban from his first term and signed it into law. “It feels different now than it did two years ago at the end of the Trump administration, when concerns were first raised,” Carr told me then, in August of 2022. “I think, like a lot of things in the Trump era, people sort of picked sides on the issue based on the fact that it was Trump.” One thing led to another, though, and it looked like Carr was probably…