šŸ” Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Ethereum co-founder Vitalik Buterin announces leadership changes to the Ethereum Foundation, crypto traders bagged millions as Trump’s Solana memecoin sparked a frenzy, and Wyoming is the latest US state to introduce a bill for a Strategic Bitcoin Reserve.Vitalik Buterin says major …

Official Trump memecoin launch breaks records, as Solana (SOL) rallies to new all-time high

Official Trump memecoin launch breaks records, as Solana (SOL) rallies to new all-time high

The cryptocurrency market faced a surprise on Jan. 18 when the ā€œOfficial Trumpā€ (TRUMP) memecoin, endorsed by President-elect Donald Trump, was launched without prior notice. The announcement came via Trump’s social media accounts, directing users to purchase the Solana token using a specified centr…

Did Trump just drop $TRUMP meme coin on Solana? Token explodes to $8 billion market cap in less than three hours

Did Trump just drop $TRUMP meme coin on Solana? Token explodes to $8 billion market cap in less than three hours

President-elect Donald Trump announced Friday he had launched Official Trump ($TRUMP), a Solana-based meme coin. The token exploded to $8 billion in market cap in less than three hours of its debut amid concerns that his social accounts might have been compromised.$TRUMP's value increased by more th…

US Bitcoin reserve odds skyrocket on betting markets

US Bitcoin reserve odds skyrocket on betting markets

The odds of US President-elect Donald Trump establishing a strategic Bitcoin reserve after taking office on Jan. 20 are soaring, at least on betting markets Kalshi and Polymarket.Bettors on Kalshi, a US derivatives exchange, set the probability of Trump creating a US BTC reserve in 2026 at nearly 7…

MAGA memecoins rally as crypto traders bet on Trump’s return to the White House

MAGA memecoins rally as crypto traders bet on Trump’s return to the White House

Donald Trump is set to be inaugurated on Monday, Jan. 20, as the 47th president of the United States and memecoin traders are bullish heading into the event.The rise in memecoin activity over the past year gave way to sectors within the meme universe — specifically, in this instance, ā€œPolitiFiā€ coin…

The Daily: Trump plans executive order to make crypto a ā€˜national priority,’ XRP market cap approaches $200 billion and more

The Daily: Trump plans executive order to make crypto a ā€˜national priority,’ XRP market cap approaches $200 billion and more

Happy Friday! As we approach a potential storm of volatility surrounding President-elect Donald Trump's inauguration on Monday, take a moment to relax and catch up on the latest crypto developments.In today's newsletter, Trump reportedly intends to issue an executive order to set crypto as a "nation…

One SEC commissioner down before Trump’s term — Gary Gensler is next

One SEC commissioner down before Trump’s term — Gary Gensler is next

Jaime LizĆ”rraga of the US Securities and Exchange Commission should be leaving the financial regulator as a new presidential administration prepares to take power.The SEC commissioner announced in November that he planned to step down on Jan. 17 from the agency, where he had worked since 2022. The d…

Ted Cruz plans to overturn controversial IRS crypto tax rule as Trump enters office

Ted Cruz plans to overturn controversial IRS crypto tax rule as Trump enters office

Sen. Ted Cruz plans to introduce a Congressional Review Act resolution next week aimed at overturning a controversial tax rule requiring certain decentralized finance brokers to file reports on gross proceeds.The Texas Republican plans to introduce the resolution on Tuesday, a month after the Intern…

Why Bitcoin Won’t Stop At $150K: Expert Targets $250K–$400K

Why Bitcoin Won’t Stop At $150K: Expert Targets $250K–$400K

At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn’t do justice to Bitcoin, says one trader, arguing that the world’s flagship crypto asset is coming into this cycle wi…

Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish

Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish

Ether futures open interest has surged to 9 million ETH as of Jan. 17, its highest level ever. The milestone follows a 10% increase in open interest over two weeks, reflecting a rising appetite for leveraged positions despite Ethereum’s retest of the $3,000 support on Jan. 13. Traders now question …

Solana ETFs: How a 2025 launch could play out

Solana ETFs: How a 2025 launch could play out

President-elect Donald Trump is on the verge of taking office and all signs point to his administration revolutionizing the U.S. government’s stance on crypto.Less cracking down and more collaboration are the expectations across the crypto sphere, which is why many business leaders from the world of…

Senator Lummis probes US federal law enforcement about Bitcoin sale

Senator Lummis probes US federal law enforcement about Bitcoin sale

Wyoming Senator Cynthia Lummis sent a letter to the United States Marshals Service on Jan. 15 demanding answers for the government’s potential sale of 69,370 Bitcoin seized in the Silk Road asset forfeiture.Lummis characterized attempts to sell the US government’s Bitcoin holdings as a form of poli…