Bitcoin Banter, Trump’s Crypto Moves, Memecoin Mayhem, And Musk’s Martian Dreams: This Week In Crypto
The week in the world of cryptocurrency was nothing short of eventful. From sarcastic speculations about President Biden’s Bitcoin (CRYPTO: BTC) strategy to President Trump’s executive order on crypto, the week was rife with significant developments. The inauguration of President Trump also saw the crash of Trump-themed memecoins, while a whale investor made a massive purchase of the Trump memecoin. Meanwhile, Elon Musk’s Martian dreams for Dogecoin were grounded amid lawsuits against his Department of Government Efficiency.
Peter Schiff’s Bitcoin Banter
Noted economist Peter Schiff humorously speculated on whether President Joe Biden would sell some of the state-owned Bitcoin ahead of Donald Trump’s presidential inauguration. Schiff’s comments came in the context …