Bitcoin saw an 8%+ drop as President Trump took office, but hope for a strategic Bitcoin reserve announcement and new offerings from Trump’s World Liberty DeFi project could reverse the tide for BTC and the Official Trump memecoin. Source link
Day: January 20, 2025
Biden’s crypto legacy: A mixed bag as Trump takes office
Former United States President Joe Biden leaves behind a complicated cryptocurrency record. Source link
Possible commutation looming, Silk Road founder issues memecoin warning
Donald Trump pledged to pardon Ross Ulbricht on his first day in office, likely making his name appealing to scammers ahead of the US presidential inauguration. Source link
Ethereum Foundation considers staking its $1B ETH holdings amid criticism and leadership overhaul
Key Takeaways The Ethereum Foundation is exploring staking options amid criticism of its asset management. Vitalik Buterin cited regulatory challenges as historical reasons for not staking. Share this article The Ethereum Foundation has been catching flak for just selling ETH to pay the bills instead of exploring staking or DeFi. Now, according to Vitalik Buterin, the foundation is indeed looking into these options, including the possibility of staking approximately $1 billion in ETH holdings. Backlash against Ethereum Foundation has intensified over the past few days due to its lack of…
Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA
Key Takeaways World Liberty Financial acquired over $70 million in crypto assets, boosting its portfolio to $325 million. The platform sold 20% of its token supply and opened an additional block of 5% at $0.05 following high demand. Share this article World Liberty Financial, backed by President-elect Donald Trump, acquired over $70 million in crypto assets during a three-day buying spree, according to on-chain data from Arkham Intelligence. The platform purchased 1,555 ETH on Saturday, followed by 6,040 ETH hours later. By Monday, World Liberty Financial added several instances of…
WATCH: BITCOIN PRESIDENT DONALD TRUMP’S INAUGURATION
The day Bitcoiners have been waiting for is finally here. Donald Trump, the first-ever pro-Bitcoin president of the United States, is officially being inaugurated today, January 20, 2025. After a historic campaign in which he famously turned his stance around and championed Bitcoin and crypto throughout 2024, Bitcoiners are eagerly watching to see his promises come to life. Trump’s campaign was filled with bold commitments to the Bitcoin and crypto industry: national bitcoin reserves, freeing Ross Ulbricht, making the United States the crypto capital of the world, and more. Today…
The US dollar vs crypto: Is Trump undermining the greenback?
Money printing and poor fiscal policy have reduced the dollar’s value since 1913, prompting countries to explore alternative assets. Source link
BTCPay Server Foundation Receives $25,000 Grant In Bitcoin From Unbank
Today, the BTCPay Server Foundation was awarded a $25,000 grant paid directly in bitcoin from Unbank, a cash focused Bitcoin exchange, according to a press release sent to Bitcoin Magazine. The grant will be paid out to contributors working on developing new features, open-source payment innovation, and maintenance of BTCPay Server’s Greenfield APIs and codebase. “Unbank’s support is a testament to the growing recognition of open-source payment solutions in the Bitcoin ecosystem,” said BTCPay Server core contributor R0ckstar Dev. “This grant will help our efforts to enhance BTCPay Server’s capabilities and reach.” Unbank,…
The TRUMP factor — We can’t ignore memecoins any more
Memecoins are becoming a serious investment category. Memecoins mean business now. Source link
EU regulator urges firms to restrict non-MiCA-compliant stablecoins
The European ESMA regulator has urged crypto asset service providers to take measures regarding non-MiCA-compliant stablecoins by Jan. 31. Source link