Crypto industry skeptical of memecoin promoted on Trump’s social media
Crypto industry participants are debating whether posts from Donald Trump’s social media account promoting a memecoin are genuine. Go to Source
Month: January 2025
Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase
Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected … Read more
Crypto Comeback: VC Investments Soar 46% in Q4 2024
In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher than the previous quarter, … Read more
Wyoming proposes bill for Strategic Bitcoin Reserve
Wyoming has become the latest US state to propose a bill for a Strategic Bitcoin Reserve, just days before Donald Trump’s US presidential inauguration. Go to Source
Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution
Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority … Read more
Major Swiss Bank Expands Crypto Offerings With Ethereum Staking
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer … Read more
Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded the $105,000 … Read more
Tron-Established DSA Backs Trump’s Crypto Ball As World Liberty Financial Eyes TRX Treasury Integration
On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump’s Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the decentralized finance (defi) arm of the Trump family, is set to integrate TRX into its … Read more
Pepe’s Meme Hype Fades in 2025 as 1Fuel Gains Good Ground With Sharpshooter Investors
As the market cycle continues to develop, with capital rotation occurring, the memecoins have been on the losing end, with assets like PEPE experiencing significant liquidity outflows as investors search for better options. One of the best alternatives since investors set out to look for options has been 1Fuel(OFT), a utility token in its presale … Read more
Dogecoin to $1? Traders say a 140% DOGE rally could happen before February
Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31. Go to Source
