The 30-page legal complaint alleges that Musk’s DOGE has violated the Federal Advisory Committee Act (FACA) 1972.
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Many crypto influencers and financial analysts have characterized the TRUMP memecoin launch as a new era for capital formation.
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The president-elect can only serve a four-year term before the Oval Office is contested between two new presidential candidates in 2028.
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A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph.
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Bitcoin may experience short-term corrections up to and following the Jan. 20 inauguration of President-elect Trump in the United States.
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The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.
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Ether’s price is set for a boost above $4,000 as Trump prepares to take office on Jan. 20, which also marks the last day of work for SEC Chair Gary Gensler.
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Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze a rally above $4,000 before Jan. 20.
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