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The odds of U.S. President Donald Trump commuting Silk Road Founder Ross Ulbricht's sentence during his first week in office surged to 95% on Polymarket, after Elon Musk stated that the clemency would occur.At 9 p.m. ET on Monday, Tesla CEO and Trump ally Musk wrote in a reply to another user's post…
El Salvador has bought 12 Bitcoin for its reserve in the past day, despite an earlier deal with the International Monetary Fund to dial back some of the country’s crypto policies.In a Jan. 19 X post, the country’s National Bitcoin Office said it bought another 11 Bitcoin for its Strategic Bitcoin R…
Traders are on the lookout for more Trump-branded memecoins after President Donald Trump’s eponymous token briefly broke $80 billion in fully-diluted value (FDV) within a day of launching on Jan. 18. Spotting the next official Trump coin means sifting through dozens of fakes. So far, only one other …
Coinbase users complained of hours-long delays on Solana transactions as network congestion tied to US President Donald Trump’s Jan. 18 memecoin launch impacted the cryptocurrency exchange. The crypto exchange’s “team is working hard on scaling our Solana infra now,” Coinbase CEO Brian Armstrong sai…
Following weeks of declines, Ethereum (ETH) seems to have begun its recovery, closely tracking Bitcoin’s upward movement. As of today, ETH has reclaimed the $3,300 level, reflecting a 7.5% increase over the past week.This rebound has sparked renewed interest among market participants, who are closel…
Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio.ETH/BTC Continues To Decline As Trump…
Bitcoin gets a flying start on US Presidential Inauguration Day as new all-time highs put $110,000 on the radar.Traders see major volatility characterizing Bitcoin and crypto markets this week as President-elect Donald Trump takes office.Trump is already delivering multiple volatility catalysts, wi…
Solana users were experiencing network difficulties following the recent memecoin launches by US President-elect Donald Trump and his wife, Melania, ahead of the official presidential inauguration on Jan. 20.Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Offici…
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 th…
Investors prepared to welcome second inauguration, anticipating benefits from his pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs.Trump enters office with an ambitious agenda spanning trade reform, immigration crackdowns, tax cut…
Bitcoin , 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 …
The Trump family’s newly-launched tokens may usher in a wave of retail investor adoption for high-risk digital assets such as memecoins and smaller cryptocurrencies.Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Official Melania (MELANIA) token on Jan. 19 on th…