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
Crypto’s chief political action committee has put money on its picks for the Florida congressional seats vacated by one of President-elect Donald Trump’s closest allies, Matt Gaetz, and the politician Trump tapped as a national security advisor, Michael Waltz. With an extremely tight majority in the House of Representatives, the replacement of the two Florida … Read more
As federal agencies prepare for new executive leadership, an obscure ethics rule threatens to hamstring the incoming Trump administration’s ability to develop sound digital asset policy. Legal Advisory 22-04, issued by the Office of Government Ethics in 2022, has flown largely under the radar as part of the Biden administration’s restrictive approach to crypto. Yet its … Read more
Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million in civil penalties to settle securities fraud charges with the U.S. Securities and Exchange Commission (SEC). The crypto venture capital firm will bear the brunt of the financial penalty, paying $30 … Read more
Bitcoin (BTC) hit its strongest price in U.S. dollar terms in 2025 on Friday and notched a new record against the British pound as excitement for a new era of crypto-friendly U.S. government mounts ahead of Donald Trump’s inauguration next week. BTC topped $105,000 during the U.S. session, surging 5.2% over the past 24 hours … Read more
Ethereum’s developers have finally delivered a timeline for the chain’s next big upgrade, Pectra, which promises to introduce an array of speed and efficiency improvements to the second-largest blockchain. At a developer meeting held virtually on Thursday, Ethereum’s core team set the upgrade’s target release date for March 2025. Pectra combines together eight major upgrades, … Read more
CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era. Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, following a model pioneered by MicroStrategy’s Michael Saylor. Markets reporter Krisztian Sandor followed the rise of Solana’s … Read more