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 […]
Donald Trump is planning to release an executive order elevating crypto as a “national imperative or priority,” reported Bloomberg, citing people familiar with the plans on Jan. 17. The order, which may come shortly after his Jan. 20 inauguration or even on day one, is intended to guide government agencies to work with the crypto […]
Fidelity’s latest report predicted that nation-states, central banks, sovereign wealth funds, and government treasuries may strategically position themselves in the cryptocurrency market by 2025. The prediction follows the approval and launch of spot Bitcoin exchange-traded products (ETPs) in 2024, which triggered significant demand from institutional and retail investors. This new accessibility has streamlined Bitcoin allocations, […]