On Jan. 21, Donald Trump Junior announced the purchases to “commemorate the inauguration of Donald J. Trump as the 47th President of the United States.” The family’s World Liberty Finance DeFi platform has made several “strategic purchases,” including $47 million worth of wrapped Bitcoin (wBTC) and $47 million worth of Ethereum. There were also $4.7 […]
Crypto social media has been flooded by enraged Coinbase users who cannot withdraw their Solana (SOL) tokens, sparking rumors of insolvency. “What’s the drama with Coinbase and Solana?” crypto YouTuber ‘Wendy O’ asked her 412,000 followers on X on Jan. 21. Meanwhile, crypto investor ‘Curb’ asked Coinbase CEO Brian Armstrong, “After dealing with insolvency last […]
Amid the excitement over Donald Trump’s inauguration, digital asset investment products attracted $2.2 billion in inflows last week, marking the largest weekly inflows of the year and bringing YTD totals to $2.8 billion. Rising asset prices have elevated total assets under management (AuM) to an unprecedented $171 billion. ETP trading volumes across the globe also […]
Messari founder Ryan Selkis has urged soon-to-be President Donald Trump to dismiss the team behind the release of the MELANIA meme coin. According to him, the launch was poorly executed, undermined Trump’s financial interests, and damaged some of the public goodwill he has enjoyed since winning the U.S. presidential polls in November 2024. Market Collision […]
Digital assets went on a highly volatile ride on Monday morning, with BTC dumping from $106,000 to under $100,000 only to bounce off and register a new all-time high hours later at over $109,000. All eyes will be on Donald Trump’s inauguration on Jan. 20 while traditional markets in the United States remain closed for […]
The highly volatile rollercoaster in the cryptocurrency market continues in full force as BTC added roughly ten grand within hours and skyrocketed to a new all-time high of just shy of $110,000. This comes just hours before the president-elect, Donald Trump, is inaugurated and returns to office. BTCUSD. Source: TradingView It has been a wild […]
The Trump family’s decentralized finance project, World Liberty Financial, has been buying more Ethereum recently. According to Lookonchain, the project address spent a total of $48 million in USDC to buy 14,403 ETH at $3,333 per coin over the past 12 hours. The DeFi platform now holds 33,629 ETH worth almost $110 million, which is […]
Meme coins are a particularly intriguing part of the cryptocurrency space as they can lead to remarkable price increases within days and sometimes hours. However, they can cause significant pain and disappointment when (most of them) inevitably crash. The dangers are amplified when it comes down to meme coins launched by the US president-elect and […]
Within just a day after its launch, Official Trump has become the talk of the town, with its price skyrocketing by triple digits. The asset has now received backing from two of the largest cryptocurrency exchanges amid its mindblowing rally and spectacular trading volumes. Binance, Coinbase Join the Pack It’s not every day that you […]
TL:DR; Within just over a day after its launch, the Trump-backed and endorsed meme coin has already created numerous success stories of investors getting in at the right time and (some) getting out. Nevertheless, meme coins remain highly volatile and risky assets, and investors should be wary before allocating funds to them. The president-elect […]