Category: crypto
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Markets predict 36% probability of crypto executive order today, 56% chance of Bitcoin reserve
President-elect Donald Trump made promises to the Bitcoin and crypto communities during his presidential run. Polymarket traders are predicting which promises will come true during his second term. High expectations include pardons for January 6 defendants and Ross Ulbricht, a strategic Bitcoin reserve, and possible executive orders on crypto. Markets suggest strong likelihood of pardons…
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World Liberty Financial opens up more tokens for sale amid soaring demand
World Liberty Financial (WLFI), a DeFi platform linked to Donald Trump, has seen a surge in demand for its token pre-sale. Despite initial fundraising challenges, WLFI successfully sold 20% of its total token supply during pre-sale and plans to unlock an additional 5% due to high demand. Justin Sun has invested $75 million in the…
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Michael Saylor, Marathon meet with Trump team aligning with possible Bitcoin reserve
MicroStrategy CEO Michael Saylor and Marathon Digital executives met with representatives of President-elect Donald Trump’s incoming administration to discuss Bitcoin policy. Details of the discussions remain private, but industry observers speculate they may focus on advancing Bitcoin mining in the US. Trump has shown support for Bitcoin, proposing a national Bitcoin reserve and meeting with…
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Donald Trump’s $47 billion TRUMP memecoins unlock during presidency
President-elect Donald Trump launched a meme coin called TRUMP, of which he owns 80% of the supply. The coin quickly gained popularity and saw a significant increase in value, making it one of the top 20 digital assets globally. Critics have raised concerns about conflicts of interest and manipulation risks associated with the coin.
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Trump’s official memecoin captures $30 billion market cap overnight, igniting frenzy and skepticism
President-elect Donald Trump announced the launch of a Solana-based memecoin, TRUMP, ahead of his second-term inauguration. The token quickly gained attention, reaching a market capitalization of over $30 billion within hours. Controversy arose over token legitimacy and distribution, sparking divided reactions within the crypto community. Speculation emerged about the political and regulatory implications of the…
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How digital asset management platforms help navigate the crypto boom
The year 2024 has been a significant year for digital assets, with Ethereum’s upgrade, Bitcoin ETF approval, and MiCA regulation. Bitcoin’s market cap is projected to reach $1.5 trillion, with the total crypto market cap nearing $2.5 trillion. Institutional investors are increasingly involved, leading to a demand for specialized asset management systems. These platforms streamline…
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A US debt default would be unconstitutional—Bitcoin is the only way out
Kadan Stadelmann discusses the debt limit and the 14th Amendment in relation to the U.S. government’s financial obligations. Elon Musk and Donald Trump suggest using Bitcoin to address the national debt. Legislation has been proposed to establish a U.S. Bitcoin Reserve to reduce the debt. The U.S. could potentially become a global superpower by investing…
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Is the crypto market ready for 2025 with MiCA?
Mike Romanenko, CVO & Co-founder of Kyrrex, discusses the upcoming regulatory changes in the European crypto industry with the introduction of MiCA. While some countries like Malta and France are prepared, others like Poland face challenges. Non-compliance could result in market exits, but embracing MiCA offers credibility and competitiveness. Kyrrex offers a solution to help…
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Bitcoin reclaims $105,000, while memecoins outperform market average
Bitcoin regained the $105,000 price level after a 5.1% increase in the past 24 hours, with a total market capitalization of $2.07 trillion. Altcoins like XRP, Ethereum, and Solana also saw daily gains. Memecoins such as Dogecoin and Shiba Inu led the daily gains in the market, with a 10% surge in the memecoin sector.
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Indian crypto platform WazirX freezes $3M to aid recovery from $230M hack
Indian crypto exchange WazirX has frozen $3 million in USDT to recover funds stolen in a $230 million hack in July 2024. The platform is determined to safeguard user funds and rebuild trust. Industry support includes CoinDCX’s interest in acquiring WazirX and CoinSwitch’s $70 million recovery program to help affected users.