Key takeaways Bitcoin hit a record high above $109,000 ahead of Donald Trump’s inauguration on Monday, but pared its gains as the new US president made no mention of the cryptocurrency during his inaugural speech or other appearances after taking office. Over the weekend, two bearish candlestick patterns formed on the cryptocurrency’s chart, warning of…
Circle CEO Jeremy Allaire said he anticipated that President Donald Trump will quickly enact new cryptocurrency rules. Allaire said he “imminently” expects decrees from the new president, allowing banks to trade cryptocurrencies, offer cryptocurrency investments to wealthy clients and hold them in wallets, Reuters reported Monday (January 20). Trump has pledged to be a “crypto…
As of Monday afternoon, $TRUMP coin was worth around $53 per individual share. The weekend before his presidential inauguration, Donald Trump launched a new cryptocurrency, sparking deep concerns from critics that it could be influenced by wealthy individuals or foreign powers contributing to it. $TRUMP coin introduced on Friday during a “Crypto Ball” that Trump…
Bitcoin hit a new all-time high ahead of Donald Trump’s inauguration for his second term as president of the United States, surpassing $109,000 before settling around $108,214, up 6.5%. . The rise of the popular cryptocurrency reflects investor optimism that the new Trump administration will take a more favorable stance toward digital assets. The so-called…
Melania Trump, pictured in July 2024, has flipped her own coin. Leon Neal | Getty Images New first lady Melania Trump flipped her own coin ahead of her husband’s inauguration as 47th President of the United States on Monday. In a post on social media platform X on Sunday evening, she announced that investors “can…
The coin did not exist a week ago, has no intrinsic value, and cannot be used for anything. It has no underlying physical assets and its theoretical value would disappear in the blink of an eye. Meme coins, a type of digital asset, are not new. There are more than 3,700 of them, according to…
Melania Trump, wife of United States President-elect Donald Trump and future son of the First Lady, launched her own $MELANIA coin early on January 20 (late Sunday, US time). The move caused her husband’s coin, $TRUMP, to briefly fall by 50%, attracting traffic from fans and crypto enthusiasts of the next president. Melania Trump posted…
Here are the takeaways from today’s Morning Brief, which you can register to receive every morning in your mailbox accompanied by: Covering the World Economic Forum in Davos, Switzerland every year is something I consider a competitive sport. I’m actually starting to train for the intense summer week, as my few close friends know (and…
Selecting a cryptocurrency exchange requires careful consideration of reputation, reliability, and features. A crypto exchange, or trading platform, is an online service for buying, selling, and managing digital assets. These platforms operate similarly to traditional markets but focus solely on cryptocurrencies. Exchanges are essential for enabling price discovery, offering trading tools, and promoting the adoption…
Hong Kong police display seized cash, computer equipment, luxury handbags and promotional flyers … (+) during a press conference in Hong Kong on September 19, 2023, regarding the arrest of eight people linked to the cryptocurrency platform JPEX. The arrests came after authorities received more than 1,400 reports from potential victims who claimed to have…