Tag: News

Hong Kong SFC: New licenses for virtual asset platforms

Hong Kong regulators have vowed to issue new licenses for crypto trading platforms in the country after a lengthy review process. According to Chinese media outlet SINA Finance, Executive Director of the Intermediary Department of the Hong Kong Securities and…...
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Trump Downplays Meme Coin Profits in First Statement After Launch

The U.S. President has finally addressed the explosive success of his Official Trump (TRUMP) meme coin, admitting that he wasn’t involved much in the project beyond launching it. The Solana-based token, touted as the fastest-growing meme coin in history, initially skyrocketed to a $15 billion market cap over the...
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Solana Validators Made Over $25M in Fees on TRUMP, MELANIA Memecoins

Solana’s validators experienced a record influx of over 100,000 SOL, worth nearly $25.8 million, in fees and tips due to intense trading activity of the TRUMP and MELANIA tokens. The peak occurred on Jan. 20, with validators receiving over 87,000 SOL, driven largely by the TRUMP token’s rally, before...
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Trump Reportedly Planning $500 Billion Investment in AI Initiative

Reports suggest that US President Donald Trump may soon announce a $500 billion budget for a groundbreaking AI research initiative, Stargate. The program, set to span four years, aims to advance artificial intelligence development. However, no one has officially confirmed […] The post Trump Reportedly Planning $500 Billion Investment...
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DOGE Loses A Leader: Vivek Ramaswamy Steps Down – Here’s Why

The first thing that needed doing by the Department of Government Efficiency, or DOGE, was to let go all but one leader. Former presidential candidate and entrepreneur Vivek Ramaswamy has stepped down as one of the co-heads of the Department of Government Efficiency (DOGE). It was just hours into...
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BlackRock’s IBIT boosts Bitcoin holdings with 6,470 BTC

BlackRock’s spot Bitcoin ETF recently added 6,470 BTC to its holdings after the cryptocurrency dips slightly from its recent all-time high at $109k. On Jan. 21, data from BitcoinTreasuries shows iShares Bitcoin Trust holdings increased by 6,470 BTC (worth $682.43…...
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Whale Investor Snaps Up $5 Million In Official Trump Coin Minutes After President Says, ‘I Don’t Know Much About It,’ Marking One Of The Largest Purchases Since Launch

A trader’s actions planted doubts on Tuesday after they bought over $5 million worth of Official Trump (CRYPTO: TRUMP) memecoin at the bottom just minutes after President Donald Trump said he knows little about it. What Happened: In an X post, capital markets commentator The Kobeissi Letter drew attention...
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