Trump’s newly launched crypto token, $TRUMP, skyrocketed on its inauguration day, prompting investor excitement in the cryptocurrency market. The token peaked at over $10 billion in market value, contributing to a rise in Bitcoin prices as expectations for crypto-friendly policies grew. Nonetheless, concerns about ethical implications and the speculative nature of meme coins loom large. … Read more
Donald Trump’s crypto holdings, led by the $TRUMP memecoin valued at $58 billion, make up 89% of his net worth. While the token has massively enriched him, Forbes notes his real-time wealth is significantly lower. Around 200 million of the memecoins are actively traded, with monthly sales expected to generate substantial income. Melania Trump has … Read more
Donald Trump’s memecoin debuted with a remarkable market cap of $14 billion, only to see its value tumble following the launch of Melania Trump’s competing coin, $melania. Investors are left in a frenzy as they await Trump’s anticipated crypto-focused orders, amid soaring market anticipation and volatility as the crypto scene grows intertwined with political influence. … Read more
MetaMask, in alliance with Mastercard and Baanx, is rolling out a blockchain-based debit card allowing users to make purchases directly with cryptocurrencies from their self-custodial wallets. Initially available to selected users in the EU and UK, this innovation highlights the growing synergy between traditional finance and blockchain technology. In a groundbreaking move, MetaMask is launching … Read more
Solana Mobile revealed details of its second crypto phone, Seeker, set to launch in 2025. This device features significant hardware improvements over its predecessor, Saga, including enhanced battery life and camera. Seeker will enable seamless crypto transactions through a dedicated wallet and improve app discoverability via its dapp store. At the recent Token 2049 conference … Read more
Solana introduces innovative tools called ‘Actions’ and ‘Blinks,’ facilitating seamless crypto trading on social platforms. These features make blockchain transactions more accessible, targeting mainstream audience engagement with meme coins. Major Solana wallets will support these tools, enabling users to easily integrate crypto transactions into everyday social media interactions, thus breaking down barriers to entry for … Read more
Coinbase Institutional anticipates a strong Q4 2024 for Bitcoin, bolstered by U.S. rate cuts and China’s economic stimulus. The report highlights Bitcoin’s potential while acknowledging Ethereum’s struggles with rising fees and lackluster performance post-ETF launch. The broader market, however, remains optimistic due to innovation in decentralized finance and the growth of alternative networks like Solana. … Read more
Bitcoin recently reached new all-time highs in multiple currencies, while teasing near misses against the US dollar. Innovations like Solana’s sUSD aim to democratise access to treasury bills, and partnerships in Hong Kong are redefining loyalty points. The crypto fervour is also reflected in Korean stock markets, despite the US Treasury’s cautious stance on cryptocurrencies. … Read more