{"id":9576,"date":"2025-01-24T19:01:52","date_gmt":"2025-01-24T19:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9576"},"modified":"2025-01-24T19:01:52","modified_gmt":"2025-01-24T19:01:52","slug":"best-of-the-week-its-all-happening","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9576","title":{"rendered":"Best of the Week: It\u2019s All Happening!"},"content":{"rendered":"<div>\n<p>It was a big week for crypto following the inauguration of Donald Trump to a second term Monday.<\/p>\n<\/p>\n<p>The White House issued an <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/01\/23\/trump-issues-crypto-executive-order-to-pave-u-s-digital-assets-path-reports\" target=\"_blank\">executive order on digital assets<\/a>, calling for a friendly approach to crypto across the administration and the creation of a &#8220;digital asset stockpile&#8221; (which may, or may not be, a Bitcoin Strategic Reserve). Regulatory editors Nik De and Jesse Hamilton were all over the news, as usual.<\/p>\n<\/p>\n<p>The SEC withdrew a <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/01\/23\/sec-withdraws-controversial-crypto-tax-accounting-bulletin\" target=\"_blank\">controversial crypto accounting rule<\/a>, started a crypto taskforce headed by <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/01\/21\/sec-forms-new-crypto-task-force-spearheaded-by-hester-peirce\" target=\"_blank\">Hester Peirce<\/a> (aka \u201cCrypto Mom\u201d), and named crypto-friendly Commissioner Mark Uyeda <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/01\/20\/it-s-official-gary-gensler-is-out-at-the-sec-and-crypto-friendly-mark-uyeda-is-in\" target=\"_blank\">as acting chair.<\/a><\/p>\n<\/p>\n<p>Senator Cynthia Lummis, arguably crypto&#8217;s most loyal friend in Congress, was <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/01\/23\/lummis-to-lead-crypto-vital-u-s-senate-panel-with-digital-assets-industry-defenders\" target=\"_blank\">named to head the Senate Banking Committee&#8217;s new digital assets panel<\/a>, Hamilton also reported.<\/p>\n<\/p>\n<p>We dissected the fallout from the <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/01\/22\/trump-coin-s-biggest-critics-are-crypto-industry-insiders\" target=\"_blank\">(very) controversial<\/a> memecoins dropped by the Trump family on the eve of Monday\u2019s swearing in. <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/24\/trump-melania-memecoins-made-millions-for-some-less-than-usd100-for-many\" target=\"_blank\">CoinDesk\u2019s Shaurya Malwa reported<\/a> that 60 Solana Whales made off with at least $10 million each (many others gained a lot less). Reporting from Tom Carreras on Monday showed that the <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/20\/does-the-trump-entourage-hold-2-3-t-in-memecoins\" target=\"_blank\">paper wealth generated by these surprise tokens<\/a> was, frankly, staggering, even absurd.<\/p>\n<\/p>\n<p>Still the memecoins were a great success, encouraging filings for <a href=\"https:\/\/www.coindesk.com\/business\/2025\/01\/23\/doge-and-trump-etfs-may-be-coming-but-should-institutional-investor-trade-them\" target=\"_blank\">memecoin ETFs<\/a>, Helene Braun reported. Helene also broke the story about how CME leaked information about XRP and SOL futures ETFs by <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/22\/cme-says-xrp-sol-futures-leak-was-an-error-no-decisions-are-made\" target=\"_blank\">mistake<\/a>, which sank those tokens and weighed on the <a href=\"https:\/\/www.coindesk.com\/daybook-us\/2025\/01\/23\/crypto-daybook-americas-retail-demand-provides-firm-underpinning-to-weaker-markets\" target=\"_blank\">broader market<\/a>. <\/p>\n<p>Ross Ulbricht, who created Silk Road about 12 years ago, educating thousands on bitcoin for the first time, went free after serving ten years in prison. His freedom was a key promise of the Trump team on crypto. <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/22\/silk-road-founder-ross-ulbricht-pardoned-by-president-trump\" target=\"_blank\">Sam Reynolds had the news.<\/a><\/p>\n<\/p>\n<p>And the news kept on coming. In fact, it was hard to remember a week when more stuff of importance happened in crypto. Amid it all, the Ethereum community hotly debated its future (particularly that of <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/01\/22\/ethereum-core-developer-eric-conner-departs-as-vitalik-dismisses-calls-for-leadership-change\" target=\"_blank\">the Ethereum Foundation<\/a>). Parikshit Mishra and <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/01\/21\/ethereum-s-vitalik-buterin-goes-on-offense-amid-major-leadership-shake-up\" target=\"_blank\">Sam Kessler<\/a> followed the story.<\/p>\n<\/p>\n<p>Stay tuned for more big stuff happening next week.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It was a big week for crypto following the inauguration of Donald Trump to a second term Monday. The White House issued an executive order on digital assets, calling for a friendly approach to crypto across the administration and the creation of a &#8220;digital asset stockpile&#8221; (which may, or may not be, a Bitcoin Strategic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9576","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9576"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9576\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}