Rumors of potential tax changes for cryptocurrency gains are spreading rapidly, driven by the sudden success of Official Trump (TRUMP), a memecoin tied to US President-elect Donald Trump. The Solana-based token has quickly outpaced well-known memecoins like Dogecoin, Shiba Inu (SHIB), and Pepe. According to CoinGecko, TRUMP now boasts a fully diluted valuation (FDV) of […]
As Donald Trump prepares to be sworn in as U.S. President on January 20, many in the cryptocurrency sector are hopeful his administration will bring about favorable policies for the industry. Yet, the longevity of such policies might hinge on the political dynamics in Washington, D.C., and the outcomes of future elections, according to insiders. […]
On January 19, MicroStrategy co-founder Michael Saylor once again shared a Bitcoin chart signaling a potential BTC purchase the following day, marking the 11th week in a row he has done so. In a social media post, Saylor hinted, “Things will be different tomorrow,” possibly referring to the inauguration of President-elect Donald Trump on January […]
The memecoin associated with United States President-Elect Donald Trump saw a sharp 28% drop as Melania Trump, the incoming First Lady, unveiled her own memecoin, which quickly achieved a market cap of $4 billion within the first 30 minutes. Melania promoted the new cryptocurrency on her X account to her 3.2 million followers, and it […]
Brian Armstrong, the CEO of Coinbase, a leading US cryptocurrency exchange, has urged global leaders to consider establishing Bitcoin reserves as part of their economic strategies. In a blog post on January 17 focusing on “economic freedom,” Armstrong highlighted the transformative potential of cryptocurrencies in shaping the future of capitalism. He outlined recommendations for integrating […]
The possibility of the United States establishing a strategic Bitcoin reserve under President-elect Donald Trump is gaining significant traction, particularly on prediction markets like Kalshi and Polymarket. On Kalshi, a regulated derivatives exchange, traders now estimate a 70% chance of Trump initiating a Bitcoin reserve initiative by 2026. Meanwhile, users on Polymarket, a platform specializing […]
In a move reflecting the growing excitement around pro-Bitcoin leadership, MARA Holdings has embedded an AI-generated portrait of Donald Trump on the Bitcoin blockchain. The “Trump 47” block, mined on January 17, was announced by MARA’s chairman and CEO Fred Thiel on the social media platform X. Thiel described the initiative as a tribute to […]
Exchange-traded funds (ETFs) focused on Solana might not hit the U.S. market until 2026, even if the White House adopts a more crypto-friendly stance, according to James Seyffart, an analyst with Bloomberg Intelligence. Seyffart made this prediction during a Jan. 16 interview with Blockworks. He noted that some progress on the currently stalled Solana ETF […]
Bitcoin enthusiasts often predict lofty price targets, citing the rise of spot exchange-traded funds (ETFs) and growing institutional interest as key catalysts. However, such analyses often miss the deeper, structural changes needed to transform Bitcoin’s perception from a speculative investment to a true store of value, akin to digital gold. To sustain Bitcoin’s price above […]
On January 15, Wyoming Senator Cynthia Lummis reached out to the United States Marshals Service, seeking clarification regarding the government’s potential decision to sell 69,370 Bitcoin confiscated in the Silk Road asset forfeiture. Senator Lummis raised concerns that the sale of these Bitcoin holdings could be politically motivated. According to an excerpt of her letter […]