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Author: James Wilson
ARK Invest CEO Cathie Wood has provided insights into how Donald Trump’s return to the White House could change the cryptocurrency landscape. Woods has pointed to early signals of a crypto-friendly administration through recent appointments and market developments. Speaking on Bloomberg’s ETF IQ, Wood highlighted Trump’s pre-inauguration involvement with meme coins (which have since crashed) as an indicator of his commitment to cryptocurrency. She also praised the appointment of Paul Atkins as SEC commissioner, describing him as “pro-crypto,” and anticipates digital asset regulation — or deregulation — under his leadership. Addressing the emergence of Trump-themed meme coins, such as Official…
Representatives French Hill and Bryan Steil have voiced strong support for President Trump’s recent executive orders advancing digital assets and artificial intelligence Hill is the Chair of the House Financial Services Committee, and Steil is the Chair of the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee. The executive orders, signed on January 23, reaffirm Trump’s commitment to ensuring U.S. dominance in these technologies. They established the President’s Working Group on Digital Asset Markets, aimed at fostering collaboration between Congress, regulatory agencies, and key stakeholders to develop a functional regulatory framework. Hill and Steil praised the move, stating, “We applaud…
Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter’s (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum. Moonshot is a company in the crypto industry that lets users buy and sell meme coins on Android and iOS. According to DeFi Llama, Moonshot’s popularity jumped this month following the launch of meme coins by Donald and Melania Trump. Its daily fee jumped to a record high of $6.3 million on Jan. 20, a signficant amount since it made less…
Elon Musk’s Department of Government Efficiency, aka DOGE, aims to start trimming trillions in federal spending with an unlikely plan to get the ball rolling. In a tweet on Tuesday, DOGE — an agency formed by the Trump administration — pointed out how it costs the U.S. Mint about 3 cents to make each penny—yet it’s only worth 1 cent. Taxpayers shoulder most of the costs, roughly $179 million in FY2023, to mint 4.5 billion pennies, the agency claimed. The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023.The Mint produced over 4.5…
The Official Trump meme coin has collapsed to a record low as on-chain data show that the most profitable investors have exited. Official Trump (TRUMP) price crashed to a low of $27 on Saturday, down by about 63% from its all-time high. This plunge has dropped its market cap from $14 billion to $5.3 billion. TRUMP meme coin | Source: crypto.news Most TRUMP meme coin whales dumped the token On-chain data reveals that, as with most meme coins, the biggest whales have exited their positions, leaving many retail traders holding the bag. Nansen data shows that the most profitable Official…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing Pepe Coin and Yeti Ouro’s potential to hit $1 in 2025. The cryptocurrency market is abuzz with speculative discussions about potential price movements, with Pepe Coin (PEPE) and Yeti Ouro (YETIO) being at the center of such debates. Pepe Coin’s price faces a real challenge to reach $1, but Yeti Ouro makes waves as experts predict it might pass this milestone soon. A closer look at both tokens reveals fresh developments, market trends, and Yeti Ouro’s attractive features, especially…
The NFT market keeps climbing while crypto prices move in different directions, with Bitcoin reaching $104,000 as Ethereum pulls back from $3,300. According to CryptoSlam data, NFT sales volume has grown to $198.1 million, up 22.44% from last week. The market saw a strong influx of new traders, with both buyers and sellers increasing substantially. The weekly metrics show growing market activity: NFT sales volume rose to $198.1 million from $164.3 million NFT buyers increased 62.09% to 447,099 NFT sellers grew 44.53% to 319,002 Transactions dipped 4.04% to 1,413,428 Data from CoinMarketCap shows that the overall crypto market cap has…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market evolves as Ripple and Pepe gains fade; Lightchain AI emerges as a promising new contender. The cryptocurrency market is always evolving, with new projects vying for attention and investor confidence. While Ripple (XRP) and Pepe coin (PEPE) made impressive gains in the past year, many are now turning their focus to up-and-coming projects with strong growth potential. Lightchain AI, an emerging blockchain project combining artificial intelligence with decentralized technology, is quickly becoming a standout contender. As…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The XRP price is stirring debate as fans eye $3 while critics warn of a crash. A new ICO, however, is stealing the spotlight. The XRP price is making headlines, but not every story is positive. While some Ripple fans see the $3 mark as a milestone, others are worried about what comes next. From concerns about network efficiency to potential regulatory troubles to market behavior, the XRP price could crash. Meanwhile, a new crypto ICO is gaining attention…
According to VC data from Crypto Fundraising, the total funding for the week reached $382 million across various blockchain sectors, with World Liberty Financial securing $300 million through a public sale. The week saw particular activity in derivatives trading and yield platforms, with projects securing funding across public sales, Series B rounds, and strategic investments. Let’s examine the key investments that shaped this week in crypto funding. World Liberty Financial, $300 million The DeFi platform, launched by the Trump family, raised $300 million through public sale The project is building DeFi solutions on Ethereum (ETH) WLFI’s on-chain address recently acquired…