Official Trump memecoin launch breaks records, as Solana (SOL) rallies to new all-time high – Cointelegraph
Cryptocurrency markets were in for a surprise on January 18 when the “Official Trump” (TRUMP) meme coin, backed by President-elect Donald Trump, was launched without prior notice. The announcement was made through Mr. Trump's social media accounts, directing users to purchase Solana tokens through designated centralized intermediaries and providing contract addresses. The meme coin launch […]
Gensler’s imminent exit triggers wave of crypto ETF submissions – Cointelegraph
Days before Gary Gensler resigns as chairman on January 20, a flurry of applications for crypto exchange-traded funds (ETFs) hit the Securities and Exchange Commission (SEC). On January 17, at least four proposals were submitted by the crypto industry as it anticipates regulatory changes under the incoming Trump administration, which is expected to take a […]
Former Binance.US chief raises $20M for stablecoin network – Cointelegraph
Layer 1 stablecoin payments network 1Money has raised over $20 million in seed funding to further develop its digital payments infrastructure. According to a report on January 16th announcementMore than 20 venture capital firms participated in the seed round, including , F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, Kraken Ventures, KuCoin Ventures, BitGo Ventures, […]
Usual Protocol to activate ‘revenue switch’ after USD0++ depegs – Cointelegraph
Decentralized finance (DeFi) stablecoin issuer Usual Protocol responded to community backlash on Friday, January 11 after its staked stablecoin USD0++ was sharply pegged from $1. . On January 9, USD0++ fell to $0.89 and then reached $0.92 following the introduction of a new price floor mechanism and exit option. The protocol's team has now introduced […]
Bitcoin analysts explain why BTC could avoid a drop under $90K – Cointelegraph
Bitcoin (BTC) price fell to a new low of $91,055 on January 9th, the lowest since December 1st. The next psychological support range is still below $90,000, and some market analysts expect a continued decline below this level. Bitcoin daily chart. Source: Cointelegraph/TradingView However, the following four reasons suggest that BTC may avoid a drop […]
US Bitcoin ETFs first anniversary: A surge far above expectations – Cointelegraph
The first year of the Spot Bitcoin Exchange Traded Fund (ETF) in the US exceeded all expectations, marking a historic debut that reshaped both the Bitcoin market and traditional finance. It received approval from the U.S. Securities and Exchange Commission on January 10, 2024, and trading for the U.S. Spot Bitcoin (BTC) ETF began the […]
Thai police seize nearly 1,000 Bitcoin miners in raid: Report – Cointelegraph
Thai police and electricity authorities reportedly confiscated 996 Bitcoin mining equipment from a company for illegally diverting electricity to run the machines. The Bitcoin miners were seized on the road at JIT's facility in Phanat Nikom, Chonburi province, on January 8, said Pol Maj. Gen. Montri Teshan, commander of the Crime Suppression Division. said Bangkok […]
UK Judge dismisses $770M Bitcoin landfill hard drive case – Cointelegraph
Updated January 9, 2:20 PM (UTC): This article has been updated to include Howells' response and a photo of his Bitcoin address. James Howells, an IT engineer from Newport, Wales, lost his legal battle to recover a hard drive containing $770 million worth of Bitcoin. A hard drive containing Bitcoin (BTC) mined in 2009 was […]
Price analysis 1/06: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX – Cointelegraph
Bitcoin (BTC) will exceed $100,000 for the first time in 2025. Continued purchases by the largest Bitcoin holders may have boosted prices. MicroStrategy disclosed on January 6 that it purchased 1,070 Bitcoins between December 30 and 31, 2024 for $101 million at an average price of $94,004. With the latest purchase, the company's holdings increased […]
Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0 – Cointelegraph
Former US prosecutor and crypto advocate John Deaton will lead the investigation into Operation Chokepoint 2.0, an unidentified effort to force the incoming Trump administration to separate crypto companies from the traditional banking system. I suggested. “If ignored, these actions will set a dangerous precedent in which regulators can quietly stifle entire unwilling industries, stifling […]