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Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything … Read more
On Monday, following Donald Trump’s inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092 per coin. Bitcoin Sinks Below $104K Following Trump Inauguration Silence on Crypto Contrary to predictions … Read more
A new study has found that 14% of Americans have acquired Donald Trump’s memecoin, $TRUMP, since its launch on Jan. 17. Americans Prefer Memecoins With Extensive Media Coverage One in seven Americans, or 14% of the population, have acquired Donald Trump’s memecoin, $TRUMP, since its launch on Jan. 18, according to a study. Although its … Read more
Donald Trump’s launch of the TRUMP meme coin has sparked a market frenzy, but it also raises critical legal and tax questions. Potential Political and Ethical Concerns for Trump Memecoin Donald Trump, the U.S. President-elect stirred the crypto world by launching his meme coin, TRUMP, just days before his inauguration. While the coin has captured … Read more
On Donald Trump’s inauguration day, Melania Trump’s memecoin, MELANIA, surged 40% in 24 hours, with its trading volume skyrocketing to $6.6 billion. $MELANIA Trading Volume Surges Fivefold On Donald Trump’s first day as U.S. president, Melania Trump’s memecoin, $MELANIA, stole the spotlight with an almost 40% surge in value over 24 hours. According to Coingecko … Read more
The swift rise of President Trump’s memecoin has raised thoughts on the ripple effect it could have on the crypto industry and global crypto adoption. Trump Memecoin Could Serve as Trigger for Altcoin Rally The launch of President Donald Trump’s memecoin, TRUMP on Friday, Jan. 17 sent shockwaves across the crypto industry. With the memecoin … Read more
As Donald Trump prepared for his inauguration as the 47th U.S. president, bitcoin (BTC) surged past 109,000, rising from around $102,600 in just 15 minutes. Trump Effect Fueling Rally As the euphoria surrounding Donald Trump’s inauguration as the 47th U.S. president reached a fever pitch, bitcoin (BTC) hit a new milestone. The top crypto asset … Read more
Bitcoin takes its cues from US President-elect Donald Trump’s inauguration, with new BTC price all-time highs joining a crypto volatility frenzy. Go to Source
World Liberty, Trump’s associated decentralized finance project, acquired over $100 million worth of ETH before its launch. While the spotlight has been taken by the meme tokens of President Trump and the First Lady, World Liberty has been accumulating Ether stealthily. According to Spot on Chain, World Liberty bought $48 million worth of ETH yesterday. … Read more
Bitcoin briefly surged above $109,000 on Jan. 20, breaking its previous high above $108,000 recorded in mid-December 2024. Go to Source
