Category: Cryptocurrency
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Keywords: AMBCrypto, investment advice, cryptocurrencies
Source: AMBCrypto
Update At: 7/14/2024
Bitcoin surpassed $100,000 for the first time in history following Donald Trump's electoral victory, driven by expectations of a more lenient regulatory approach towards cryptocurrencies. The cryptocurrency rose dramatically from $69,374 on election day to $103,713, although it fell below $102,000 shortly after. The future of Bitcoin remains uncertain amid volatility and mixed expert opinions on investment risks.
Telemundo New York
Bitcoin's price surpassed $100,000 for the first time, driven by political changes and institutional interest. President-elect Trump’s nomination of Paul Atkins as SEC chair signals potential regulatory shifts favorable to crypto. Federal Reserve chair Jerome Powell likened bitcoin to digital gold, emphasizing its growing acceptance among institutional investors. The cryptocurrency's rise reflects a significant shift towards mainstream financial recognition, with expectations for further pro-crypto initiatives under the new administration.
NBC 10 Philadelphia
Investors in $HAWK lost their money quickly, raising concerns about the integrity of Hawk Tuah and her involvement in the cryptocurrency. Despite her seemingly innocent persona, suspicions arise that she may be part of a scam benefiting insiders. The article warns against using fame to endorse cryptocurrencies without understanding the risks involved.
Barstool Sports
Haliey Welch, known as the 'Hawk Tuah' girl, launched the Hawk Tuah (HAWK) meme coin on the Solana blockchain, claiming it is not a cash grab. Despite initial success, the coin faced criticism and allegations of being a scam, with a significant drop in market capitalization. Welch's team asserts they have not sold any tokens and attempted to prevent market manipulation.
Quartz
Hailey Welch, known as the Hawk Tuah Girl, launched her meme coin $HAWK on December 4, which initially surged to a $500 million market cap but crashed shortly after, leading to accusations of fraud and insider trading. Investors allege that Welch manipulated the market and stole $2 million, while she denies these claims, stating that her team has not sold any tokens. The fallout has resulted in significant financial losses for many, with some threatening legal action against her.
Times of India
Hailey Welch's memecoin $HAWK launched on Solana, initially valued at $500 million, plummeted to $60 million within 20 minutes, leading to accusations of a scam. Buyers, many of whom were her fans, reported losing significant amounts of money, with some claiming to have lost their life savings. The incident has raised concerns about the risks associated with celebrity-endorsed cryptocurrencies.
Hindustan Times
Haliey Welch, known as 'Hawk Tuah Girl,' has entered the cryptocurrency market with the launch of her meme coin, HAWK, in December 2024. Despite initial skepticism about crypto, she views it as a beneficial way to engage with her fan base. However, the coin's value plummeted by $440 million shortly after its launch, settling at around $29 million. Haliey's current net worth is estimated at $200,000.
Hollywood Life
Haliey Welch, known as the 'Hawk Tuah Girl', faces backlash after her memecoin $HAWK crashed over 90% shortly after launch, leading to accusations of scamming investors. Despite her claims that the coin was not a cash grab, the rapid decline in value has raised concerns about insider trading and a potential 'pump and dump' scheme. Welch denies these allegations, stating her team has not sold any tokens.
The Independent
Haliey Welch, known for her viral TikTok video, launched the Hawk Tuah memecoin on the Solana blockchain, which saw a rapid rise to $500 million market cap before crashing 95%. The launch faced backlash, with accusations of insider trading and speculation of a 'pump and dump' scheme. Welch, who gained fame over the summer, has since expanded her brand with a podcast and an AI dating app.
Forbes
Haliey Welch, known as the 'Hawk tuah girl,' launched a memecoin on Solana that quickly rose to $500 million before crashing to under $60 million. Critics accused her of fraud, while Welch defended her team’s efforts to prevent snipers during the launch. She has also established a nonprofit for animal charities.
KEYE TV CBS Austin