CoinDesk

Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump’s omission of any crypto mention in his inaugural speech on Monday. As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH calls across time frames, according to … Read more

Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on President Donald Trump’s pick for the permanent role, Paul Atkins. Acting Chair Uyeda, who has been a clear supporter of relaxing the regulator’s pursuit of the crypto industry alongside fellow Republican Commissioner Hester Peirce, … Read more

Arthur Hayes, the chief investment officer of cryptocurrency venture capital firm Maelstrom, says he doubts Donald Trump’s government will get around to creating a strategic Bitcoin reserve, a policy many crypto enthusiasts are pinning their hopes on. “I don’t think Trump will get around to doing a bitcoin reserve,” Hayes, the co-founder and former CEO … Read more

The Ethereum Foundation, the organization that oversees the development of the second-largest blockchain by market capitalization, is allocating 50,000 ether (ETH) worth around $165.3 million at the time of writing to participate in the decentralized finance (DeFi) ecosystem. The move will see the Foundation set up a 3-of-5 multisig wallet through Safe, which the organization … Read more

Crypto markets saw wild price swings on Monday during Donald Trump’s inauguration ceremony as heightened excitement turned to disappointment after he declined to mention crypto during his first speech. The broad-market crypto benchmark CoinDesk 20 Index fell over 5% during the ceremony, while bitcoin (BTC) dipped to $101,000 from $106,000 before stabilizing around $103,000. Layer-1 … Read more

U.S. President Donald Trump and his entourage have already made tens of billions of dollars in profits (at least on paper) off of the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens that launched on Solana in the last three days. Now trading at $42, TRUMP has surged to a $8.8 billion market capitalization, making … Read more

A possible U.S. strategic bitcoin reserve will have to wait at least a bit longer as President Donald Trump didn’t bring the subject up at his inauguration speech on Monday afternoon. In addition to that disappointment, a report showing GOP congressional priorities didn’t include mention of bitcoin or crypto. Already on a wild ride both … Read more

Caroline Pham, one of the Republican commissioners at the Commodity Futures Trading Commission, will take over the agency on an interim basis, according to two people familiar with the decision, as the administration of President Donald Trump shifts U.S. policy toward a friendlier relationship with digital assets. The CFTC stands to become a leading federal … Read more

World Liberty Financial (WLFI), the decentralized finance platform linked to Donald Trump and his family, purchased millions of dollars of cryptocurrencies in a buying frenzy on Monday hours before Trump’s inauguration ceremony. The protocol’s wallet address bought over $23.5 million of wrapped bitcoin (BTC), $29 million of Ethereum’s ETH, $4.4 million of AAVE and $4.5 … Read more

President-elect Donald Trump’s inauguration celebration started early this weekend with the release of the TRUMP and MELANIA memecoins, and resulting demand that drove their combined market cap to a high of more than $17 billion dollars, surpassing the value of both shiba inu (SHIB) and the Avalance blockchain’s AVAX. One might ask how investors had … Read more

Tigran Gambaryan, the Binance executive who was kidnapped and illegally imprisoned in Nigeria for eight months, said it would be an honor to serve his country again, if asked to do so, fighting crypto crime under the new Trump administration. Gambaryan, who has been the head of financial crime compliance at Binance for the past … Read more

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4022.91, up 0.3% (+12.57) since 4 p.m. ET on Friday. Four of 20 assets are trading higher. Leaders: SOL (+16.0%) and LINK (+4.3%). Laggards: DOT (-13.3%) and RENDER (-12.9%). … Read more

The crypto craze is sweeping the general public as observers said President-elect Donald Trump’s decision to debut a memecoin has flipped the Overton window, bringing digital assets to the mainstream. Google Trends, a widely used tool to gauge general or retail interest in trending topics, is currently returning a value of 100 for the worldwide … Read more

Bitcoin (BTC), the largest cryptocurrency by market capitalization, hit a record-high above $109,000 on Monday, sending both implied volatility and realized volatility to the highest levels since August’s yen carry trade unwind. Realized volatility is the historical price fluctuations of bitcoin over the past 30 days. It hit 67 on the Bitcoin Volatility Index (BVOL) … Read more

The introduction of President-elect Donald Trump’s TRUMP memecoin is a paradigm shift in the way the U.S. and the rest of the world approaches crypto, broker Bernstein said in a research report Monday. “It signifies a new regulatory era, where governments see crypto as a technology to reach out to the masses directly,” analysts led … Read more

Ether (ETH) slumped Sunday to its lowest level against bitcoin (BTC) since March 2021 as the world’s second-largest token extended losses against its larger rival. One ether dropped to 0.03 BTC on Sunday, almost 50% lower than a year ago, as bitcoin soared in the run-up to U.S. President-elect Donald Trump’s inauguration. The exchange rate … Read more

U.S. President-elect Donald Trump’s TRUMP token has made quite a splash in the crypto market, rapidly becoming the 21st largest digital asset with a market cap of $11 billion in just two days. The TRUMP/USDT pair has emerged as the most-traded pair over the past 24 hours on the leading exchange, Binance, representing 13.3% of … Read more

The world’s most-used blockchain just bagged its largest ever daily fees. On Saturday, Donald Trump’s official token, TRUMP, was issued on the Solana blockchain, which led to an uptick in trading volumes over the weekend. Between Saturday and Sunday, the network generated fees of over $35 million and revenue of at least $14 million, DeFiLlama … Read more

Bitcoin (BTC) zoomed to a record level above $109,000 during the Asian trading hours on Monday ahead of Republican Donald Trump’s scheduled inauguration later in the day. The largest cryptocurrency touched $109,333 on Binance. Trump mentioned the asset’s record performance in a Sunday speech alongside gains in the broader U.S. stock market. “Since the election, … Read more

Ethereum Layer 2 scaling solutions may soon hit their limits in efficiently scaling the mainnet, warns Gautham Santhosh, co-founder of Polynomial.fi. Layer 2 solutions are protocols or networks built on top of a layer-1 networks to improve its scalability and reduce transaction costs by processing transactions off-chain and then periodically settling the results on the … Read more

As the official memecoin of the second Donald Trump presidency flirts with a market cap of $10 billion, and Melania Trump, the next first lady, launches her own, Balaji Srinivasan, the former CTO of Coinbase, said in a thread on X that this whole category of tokens could be equated to gambling. “There is no … Read more

Bitcoin (BTC) nursed losses during Monday’s morning Asia trading hours amid frenzied trading in memecoins TRUMP and MELANIA. The leading cryptocurrency by market value briefly dipped below $100,000, representing a 4.5% drop on a 24-hour basis. ETH, XRP, SOL and BNB posted bigger losses, with ADA and DOGE losing over 10%, according to data sources … Read more

The “official” memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn helped the total dollar value locked (TVL) on the network top $10 billion for the first time since the collapse of FTX. Donald Trump’s choice of … Read more

Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his “official” memecoin. The choice … Read more

The ‘official’ memecoin of the second Donald Trump administration will be listed on major cryptocurrency exchanges including Coinbase and Binance, according to announcements from the companies. Coinbase posted on Sunday that it plans to list the TRUMP token. The announcement came via its Coinbase Assets X account, which provides information on new assets, however the … Read more

El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most advanced crypto regulatory frameworks in … Read more

Top-performing xrp (XRP) and Ethereum’s ETH saw profit taking early Saturday as a Donald Trump-themed “official” memecoin attracted $3 billion in its first few hours after being issued on the Solana network, driving demand for SOL tokens. Price-action in bitcoin (BTC) and most majors, such as dogecoin (DOGE) and BNB Chain’s BNB, remained muted as … Read more

Is the coin real? That was the question plaguing crypto traders from U.S. to Asia alike as an “official” memecoin linked to Republican Donald Trump was issued in early Asian hours Saturday from his verified X and Truth Social accounts. Prices ran from few cents to $14 in less than six hours amid widespread confusion … Read more

In tuxedos and finery, one of the most famously dressed-down industries celebrated Friday night with a “Crypto Ball” in Washington to welcome the incoming administration of President-elect Donald Trump, which the crowd of digital-assets insiders trusts will lift their sector into U.S. legitimacy. Big names in crypto, such as Michael Saylor, Brian Armstrong, the Winklevoss … Read more

World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury, according to a person familiar with the matter. The prospective move would deepen World Liberty Financial’s close ties to the Tron empire. Its founder Justin Sun already advises Trump’s crypto project. … Read more