An analyst known for making timely crypto calls is sounding the alarm about the possibility that the asset class may be hovering close to a bull market peak. Pseudonymous analyst Bluntz tells his 309,000 followers on the social media platform X that while there are some coins still flashing bullish signals, the market as a …
Monthly archives: January 2025
Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo
The United States government’s official website for the Department of Government Efficiency (DOGE) has gone live and prominently displays the Dogecoin logo. This update coincides with a 10% increase in Dogecoin’s price, rising from $0.35 to $0.38 within a minute, bringing its market capitalization to approximately $56.5 billion. The DOGE website features the Dogecoin logo …
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Solana nears $10 billion milestone in stablecoin holdings amid Trump memecoin frenzy
The Solana blockchain is experiencing rapid growth in stablecoin activity, with over $3 billion in new inflows recorded within the last four days. Data from DefiLlama shows the total stablecoin holdings on the network jumped from $6.1 billion on Jan. 17 to $9.8 billion at the time of writing. This surge puts Solana close to …
Vivek Ramaswamy exits DOGE role as Elon Musk takes control
Former Republican presidential candidate Vivek Ramaswamy has resigned from his position at the Department of Government Efficiency (DOGE). Ramaswamy announced this in a Jan. 20 post on X, stating that he would no longer co-lead DOGE, a department focused on streamlining US government operations. He expressed optimism about the department’s future under X owner Elon …
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TRUMP memecoin falls 50% as President ignores Bitcoin, crypto on first day in office
TRUMP memecoin slid around 50% after President Donald Trump made no crypto-related announcements on his first day in office. CryptoSlate data shows the token peaked near $70 over the weekend, then dropped to about $35 following the inauguration. Its market capitalization briefly exceeded $15 billion before declining to $7.8 billion as of press time. A …
Pastor Lorenzo Sewell Launches His Own Meme Coin
Lorenzo Sewell, a Detroit pastor selected to deliver a prayer at President Trump’s inauguration, has joined the meme coin trend by launching his own token. Via social media, Reverend Sewell, the leader of the 180 Church, called on his followers to buy the official Lorenzo Sewell coin. “I want you to be able to see …
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Lightchain AI Surpasses $12M in Presale with Only 2 Stages Left – Don’t Miss Out
PRESS RELEASE. The crypto world is buzzing, and for a good reason! Lightchain AI, a trailblazer in merging artificial intelligence with blockchain technology, has officially crossed the $12 million presale milestone. With only two stages left, the clock is ticking for you to claim your share of the future at an exclusive discount. Whether you’re …
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Gary Gensler Bids Farewell to SEC—New Crypto Regulation Era Begins
SEC Chair Gary Gensler has officially stepped down, ending a tenure defined by strict cryptocurrency enforcement and calls for clearer regulations to encourage innovation. Gary Gensler’s Departure: A New Chapter for the SEC Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), has concluded his tenure at the agency, leaving on Jan. 20. …
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BRICS+ Nations Poised for $1.4T Boost as AI Powers New Frontiers
The integration of generative artificial intelligence (AI) is forecasted to significantly boost the economies of BRICS+ countries, potentially generating up to $600 billion by 2030, as per Yakov and Partners’ analysis. The consulting firm’s November 2024 report examined the development and implementation of generative AI technologies across the BRICS+ nations, projecting an overall economic impact …
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Here’s What Gives TRUMP Memecoin Its Value, According to CryptoQuant CEO Ki Young Ju
The chief executive of the digital asset analytics firm CryptoQuant is outlining what gives President Donald Trump’s newly launched memecoin value. The Official Trump (TRUMP) memecoin launched on Friday and rapidly surged in price to become a top-30 crypto asset by market cap. The asset is trading at $40.47 at time of writing and is …
Following Trump’s Inauguration, Polymarket Predicts 64% Chance of Bitcoin Reserve
Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump’s inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a U.S. bitcoin reserve has drawn significant attention in recent months, with advocates arguing it could …
Former Coinbase CTO Balaji Srinivasan Rails Against Memecoins, Calls Them ‘Zero-Sum Lottery’
Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything …
Pierre Poilievre: The Bitcoiner Who Will Likely Become Canada’s Next Prime Minister
North America may be on the cusp of a crypto golden era if it ends up with two pro-crypto heads of state. This Year Could See Two North American Pro-Crypto Heads of State Long before U.S. President Donald Trump was launching memecoins, Conservative Party of Canada (CPC) leader Pierre Poilievre was buying shawarmas with bitcoin …
Rumble Makes First Bitcoin Purchase As Part of $20 Million Strategy
The adoption of a corporate treasury diversification strategy of allocating cash reserves for the purchase of bitcoin has seen Rumble make its first acquisition. Rumble Makes Its First Bitcoin Purchase Tether-backed video-sharing website Rumble has bought its first bitcoin. This was revealed in an X post by its founder and CEO, Chris Pavlovski. The purchase …
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Trump’s Return to Office Fails to Ignite Bitcoin: BTC Drops 5.7% From ATH
On Monday, following Donald Trump’s inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092 per coin. Bitcoin Sinks Below $104K Following Trump Inauguration Silence on Crypto Contrary to predictions …
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