Month: January 2025

The official meme coins of President Donald Trump and First Lady Melania Trump tanked on Monday amid no mention of cryptocurrencies in the inaugural presidential address. What happened: The Official Trump (TRUMP) token sank over 30%, eroding nearly $6 billion worth of investors’ wealth in the last 24 hours,...

Over the weekend, US President-elect Donald Trump took the crypto industry by storm with an unexpected launch. Trump announced on social media he was launching the official TRUMP memecoin on the Solana blockchain last Friday, kickstarting a multi-billion three-day frenzy that sparked heavy community backlash. Crypto Market On Its...

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Amid the excitement over Donald Trump’s inauguration, digital asset investment products attracted $2.2 billion in inflows last week, marking the largest weekly inflows of the year and bringing YTD totals to $2.8 billion. Rising asset prices have elevated total assets under management (AuM) to an unprecedented $171 billion. ETP...

Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump’s omission of any crypto mention in his inaugural speech on Monday. As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH...

As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several...

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Noted economist Peter Schiff offered an interesting critique of Donald Trump’s inaugural address on Monday, pointing out the president’s preference for gold over Bitcoin (CRYPTO: BTC). What Happened: In a post on X, Schiff drew attention to Trump declaring “The ‘Golden Age of America’ begins now” in his speech...

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Bitcoin has reached a new all-time high of $109,357 after a week marked by extreme volatility. The cryptocurrency dropped sharply to the $89,000 level last Monday, only to rebound with an impressive 22% surge, propelling it to new heights. This price action has reignited excitement in the market, with...