
Santiment|May 29, 2025 17:39
🗣️ Top trending stories that are driving crypto markets Thursday, according to social media discussion rates, are:
🪙 There is significant hype around the announcement of various new crypto tokens or coins on the platform 'launchcoin'. Many different coins with unique names and symbols are being promoted as live, indicating active token launches and public mints.
👱♂️ A major U.S. federal court ruled against President Trump's 'Liberation Day' tariffs, declaring them illegal and beyond his authority. This ruling has significant implications for U.S. trade policy, global markets, and ongoing trade negotiations. The Trump administration is appealing the decision, and the market has reacted with rallies in futures and shifts in asset prices such as gold and the U.S. dollar. Additionally, Elon Musk's departure from the Trump administration was noted in the context of these developments. The discussions also touch on the potential impact on cryptocurrencies like Bitcoin, with some figures promoting Bitcoin as a safe asset amid the trade tensions.
🇺🇸 Vice President JD Vance has had a prominent role with his speeches at the Bitcoin 2025 conference in Las Vegas. He emphasized Bitcoin as a hedge against inflation, announced support for crypto-friendly policies, and highlighted plans to fire anti-crypto regulators. Vance's statements about Bitcoin adoption, market structure regulation, and crypto advocacy have generated significant attention in the crypto and finance communities.
😲 The LOUD token and the Initial Attention Offering (IAO) event launching on May 31, 2025 is drawing attention among traders. LOUD is a new crypto token linked to the @stayloudio and @KaitoAI projects, emphasizing community engagement, guaranteed allocations for top participants, and a two-phase presale process. The term 'loud' is used both as a token name and to encourage active participation in the crypto event.
💻 Nvidia's recent earnings report showed strong revenue growth and earnings that beat expectations. Nvidia reported Q1 FY2026 revenue of 44.1 billion, up 69% year-over-year, with adjusted EPS of 0.81, slightly below estimates but still reflecting significant growth. The company also provided Q2 revenue guidance of 45 billion, noting an 8 billion loss due to export restrictions to China on its H20 chips. Nvidia's stock reacted positively, rising 3-5% post-earnings, and the company surpassed Microsoft to become the world's most valuable company by market cap. The trend is driven by Nvidia's leadership in AI and semiconductor markets, strong financial performance, and market impact.
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