President-elect Donald Trump is reportedly going to issue a crypto-related executive order during the first day of his new term. According to a new report by Bloomberg, anonymous people familiar with his plans say Trump is planning an executive order that will prioritize crypto-focused policymaking. The report says the order will likely name digital assets as a national imperative as well as create a crypto advisory council to promote the interests of the industry. The sources go on to say that Trump is also considering including a directive in the executive order that would instruct government agencies to review their crypto policies and possibly freeze all lawsuits involving digital assets. Trump is also considering creating a national Bitcoin ( BTC ) stockpile from the $20 billion worth of BTC the government has already compiled. However, the sources warn that the executive order – which is slated for Monday – isn’t finalized and may change before issued by Trump. As stated by Kara Calvert, vice-president for US policy at Coinbase Global, to Bloomberg, “What I think Donald Trump is going to do is signal that the United States is back and we are ready to lead in this industry. What it’s signaling to other countries is be careful, or you won’t keep up.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Viktoria Kurpas The post President-Elect Donald Trump Plans a Crypto Executive Order on Day One of His Second Term: Report appeared first on The Daily Hodl .
Despite Bitcoin’s impressive bull run in 2024, venture capital in the crypto industry revealed a stark divergence, indicating a cautious approach by investors. With a total of $11.5 billion raised
Coinbase, the largest cryptocurrency exchange in the United States, has announced that it is officially supporting the creation of a U.S. Bitcoin Strategic Reserve (BSR). The announcement was made by CEO Brian Armstrong in a blog post shared exclusively with Axios on Friday. Coinbase has publicly supported the concept of a national Bitcoin reserve for the first time, just ahead of Donald Trump’s second presidential inauguration and Armstrong’s scheduled appearance at the World Economic Forum. As a public company with a market value of $73 billion, Coinbase positions itself as the leading voice in the cryptocurrency industry. Often considered the industry’s de facto spokesperson in Washington, Armstrong has taken a bold, confrontational approach to dealing with regulators, inspiring other industry leaders to do the same. Over the past two years, Coinbase has played a significant role in shaping crypto policy. The exchange was a major funder of Fairshake, a political action committee that was influential in recent congressional elections. Coinbase also supports the advocacy group Stand With Crypto, which has brought together more than two million people to support pro-crypto initiatives. Related News: The Country That Slowly Accumulated Massive Bitcoin Without Drawing Attention May Have Sold Some, According to Onchain Data In a blog post, Armstrong called on global leaders and policymakers to embrace cryptocurrencies as a way to accelerate economic freedom. He outlined four key priorities: Passing Pro-Crypto Legislation: Armstrong emphasized the need for laws that encourage crypto firms to remain headquartered in their home countries. Creating Strategic Bitcoin Reserves: Armstrong described the digital economy as the next global arms race and urged nations to prepare by holding Bitcoin as a strategic asset. Creating Special Economic Zones for Digital Assets: Proposed the establishment of zones that would foster innovation in the crypto sector, potentially through regulatory sandboxes. Improving Government Efficiency: Armstrong highlighted blockchain’s potential to streamline government operations, referencing the Department of Government Efficiency (DOGE), an initiative humorously named after Elon Musk’s favorite cryptocurrency. The blog post comes as Trump continues to signal strong support for cryptocurrencies, drawing support from Coinbase and other industry leaders. Armstrong reportedly met with Trump privately twice before and after the election, with Trump showing strong interest in crypto-related talks. *This is not investment advice. Continue Reading: Bitcoin Strategic Reserve in the US Coming Step by Step – Coinbase Releases Big Statement, CEO Met with Trump
Bitcoin's price jumped significantly due to Trump's upcoming presidency. Coinbase CEO Brian Armstrong supports strategic Bitcoin reserves concept. Continue Reading: Bitcoin Takes a Leap as Trump Prepares for Presidency The post Bitcoin Takes a Leap as Trump Prepares for Presidency appeared first on COINTURK NEWS .
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.
Bitcoin (BTC) heeft het $100.000 niveau herpakt, aangedreven door de lekken over Trump’s plannen voor een nationale Bitcoin-reserve. Dit nieuws heeft de crypto-markt nieuw bullish momentum gegeven, terwijl ook andere bekende crypto’s grote prijsbewegingen vertonen. De aankomende inauguratie van Trump lijkt dit positieve sentiment verder te versterken, wat de kans vergroot op verdere prijsstijgingen. In dit artikel gaan we dieper in op de factoren die de prijsbewegingen aandrijven en benoemen we drie crypto’s met veel potentieel. Trump overweegt Bitcoin reserve voor VS De cryptocurrency-industrie lobbyt bij aankomend president Donald Trump en regeringsfunctionarissen om miljarden dollars aan Bitcoin aan te schaffen voor een nationale crypto-reserve. De voorstellen, opgesteld door het Bitcoin Policy Institute (BPI) voor Trump-functionarissen, stellen dat zo’n reserve het land zou kunnen beschermen tegen economische volatiliteit en tegelijkertijd investeringen in hernieuwbare energie zou kunnen bevorderen. Maar het belangrijkste punt dat ze benadrukken is dat als de VS zwaar investeren in Bitcoin, het land de ‘lijn kan vasthouden’ van de door het Westen geleide wereldorde en de economische macht en geopolitieke invloed van China kan tegengaan. Na een gedetailleerde opsomming van de manieren waarop de VS achterloopt op China, stelt het rapport voor om een Strategische Bitcoin Reserve van 1 miljoen munten te creëren en legt het een reeks prognoses uit over hoe de VS het fonds zou kunnen gebruiken om politieke invloed uit te oefenen als de waarde van de valuta stijgt van de huidige waarde van net iets boven de $100.000 per Bitcoin naar tussen de $500.000 en $1,5 miljoen per munt. Dit nieuws heeft dan ook geleidt tot hernieuwd bullish momentum van BTC: Bitcoin koers opnieuw boven $100.000 Met het bullish herstel op de cryptomarkt heeft Bitcoin voor de tweede keer in 2025 de $100.000 grens overschreden. De prijs bereikte een piek van $102.088 in de afgelopen 24 uur, en de bull run wint geleidelijk aan momentum. Te midden van het herstel bieden toenemende institutionele steun en groeiende bullish speculatie aanzienlijke opwaartse potentie. Zal een doorbraak op het niveau van $102.557 leiden tot een nieuwe recordprijs, nu de inauguratie van Donald Trump in de buurt lijkt te komen? In de 4-uurs grafiek toont de BTC prijsactie een voortzetting van de bullish trend na een kleine hertest van de 20-daagse Moving Average (MA). Dit resulteerde in een 24-uurs low van $97.319. Echter, met het ‘Morning Star’ patroon heeft het bullish herstel de prijs naar $101.446 gebracht. Bovendien begon het herstel met een RSI-divergentie rally rond de $90.000 en voltooit nu een ‘rounding bottom’ patroon. De neckline van het ‘rounding bottom’ patroon ligt bij de $102.557 supply zone. Met het voortdurende herstel hebben de ‘golden crossover’ tussen de 50- en 200-daagse EMA’s, evenals de positieve crossover tussen de 100- en 200-daagse EMA’s, weer positieve uitlijning hersteld. Bovendien nadert de 4-uurs RSI nu de ‘overbought’ grens, wat volgens technische indicatoren een hoge kans op een breakout rally aangeeft. Welke crypto’s gaan pumpen? Door de lekken rondom Trump en de crypto-reserves is Bitcoin weer boven de $100.000 gekomen. Daarnaast lijkt de aankomende inauguratie het bullish momentum alleen maar verder te versterken. Ook in altcoins werden grote bewegingen waargenomen, zelfs groter dan bij Bitcoin. Dit biedt kansen om van deze ontwikkelingen te profiteren. We zullen hieronder drie coins, die nog in een presale zitten, benoemen, die naar onze mening veel potentieel hebben Wall Street Pepe (WEPE) Wall Street Pepe (WEPE) vertegenwoordigt een innovatieve meme coin die is toegewijd aan een duidelijk doel: kleine handelaren in staat stellen winstgevend te zijn. De tactieken die door grote Wall Street-spelers worden gebruikt, belemmeren vaak het succes van kleinere handelaren. WEPE wil dit landschap transformeren door zijn community exclusieve handelsoproepen en -strategieën te bieden. Er lijkt veel interesse te zijn voor dit project, met de $50 miljoen die al is opgehaald in de presale. Als holder van WEPE krijg je toegang tot het Trading Alpha-platform, dat je marktinzichten en handelsstrategieën biedt. Daarnaast heb je de mogelijkheid om je beste trades in te dienen voor overweging in de wekelijkse competitie, waar succesvolle deelnemers extra WEPE-tokens krijgen. Van de in totaal 200 miljard WEPE-tokens is 15% toegewezen aan deze beloningen. Hey. You. Wanna have a good time? pic.twitter.com/igcSOWPCCY — Wall Street Pepe (@WEPEToken) January 16, 2025 Dankzij de focus op betrokkenheid van de community is WEPE uitgegroeid tot de snelst groeiende meme coin die momenteel beschikbaar is. Om lid te worden van de ‘WEPE army’ kunnen individuen hun wallets koppelen via de officiële Wall Street Pepe-website. Vervolgens is er de optie om betalingen te doen met crypto of een creditcard. Naar de officiële website van Wall Street Pepe Solaxy (SOLX) Solaxy (SOLX) is van plan om de eerste layer 2 blockchain voor Solana te introduceren, gericht op het aanpakken van de uitdagingen van het netwerk. De congestie op het Solana-netwerk resulteert vaak in vertraagde of geannuleerde transacties, wat leidt tot verlies van waardevolle informatie en kansen voor handelaren. Als reactie hierop presenteert Solaxy een schaalbaardere solution die dit probleem aanpakt. Het project heeft met succes bijna $11 miljoen opgehaald in de presale. Deze prestatie kan worden toegeschreven aan de aard van SOLX als een multi-chain token, die verbindingen tussen de ecosystemen van Ethereum en Solana faciliteert. Gebruikers kunnen daarom naadloos crypto overdragen tussen deze twee blockchains, waardoor ze snel kunnen reageren op nieuwe lanceringen. Je hebt tot vandaag om te profiteren van de lage prijs van $0,001602 per token. Op de officiële Solaxy-website kan je je wallet koppelen en je betaling voltooien met crypto of een creditcard. Naar de officiële website van Solaxy Best Wallet Token (BEST) De introductie van Best Wallet Token (BEST) vergroot de voordelen die gebruikers binnen het Best Wallet-ecosysteem hebben. Best Wallet streeft ernaar om tegen 2026 meer dan 40% van de cryptomarkt te bedienen. Met een gebruikersgroei van 50% per maand boekt de organisatie aanzienlijke vooruitgang in de richting van dit doel. Het huidige ecosysteem bestaat uit een wallet en een gedecentraliseerde exchange, die het kopen, verkopen en uitwisselen van crypto faciliteert. Binnenkort worden er extra functies geïntroduceerd, waaronder stop loss orders, limit orders en transacties waarvoor geen Gas token-kosten in rekening worden gebracht. Bovendien krijgen houders van BEST voorrang bij de lancering van nieuwe crypto en profiteren ze van verbeterde beloningen bij het staken van hun digitale activa. The Fastest Growing Wallet in Crypto! In a crowded market, Best Wallet delivers the tools you need to gain an edge. 1⃣ Exclusive alpha on new projects.2⃣ Buy and claim tokens in the app.3⃣ Manage all your assets across multiple chains in one place. This is why the Best… pic.twitter.com/AT4yos1CmG — Best Wallet (@BestWalletHQ) December 30, 2024 De presale voor het project heeft met succes $7,3 miljoen gegenereerd. Mocht je willen profiteren van het uitgebreide ecosysteem dat Best Wallet biedt, dan is het verkrijgen van je eerste BEST-tokens slechts een paar klikken verwijderd. Je kunt je wallet eenvoudig verbinden of aanmaken op de officiële Best Wallet Token website. Vervolgens heb je de mogelijkheid om betalingen te doen met crypto of een creditcard. Naar de officiële website van Best Wallet
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured from
The post Pepe (PEPE) Rally Begins, 38% More Surge Expected appeared first on Coinpedia Fintech News Pepe (PEPE), the popular crypto meme coin, has shown its intention for a massive rally following the breakout from prolonged consolidation and bullish price action. Along with major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), PEPE experienced a notable price surge of over 10% and broke the resistance it had been facing since the beginning of December 2024. Pepe (PEPE) Technical Analysis and Upcoming Level According to CoinPedia’s technical analysis, PEPE, with today’s price surge, has broken out of a descending triangle price action pattern and cleared its path for a massive rally. However, this breakout during the current bullish market sentiment is more favorable for PEPE holders. Source: Trading View Based on the recent price action and historical price momentum, if PEPE holds its gain and closes a daily candle above the $0.000020 level, it could soar by 38% to reach the $0.000027 mark in the coming days. At present, PEPE is trading above the 200 Exponential Moving Average (EMA) on the daily time frame, indicating an uptrend. Meanwhile, its Relative Strength Index (RSI) is still below the overbought zone despite a notable gain, suggesting that the asset has enough room to soar in the coming days. Current Price Momentum Today, January 17, 2025, with an impressive price surge, the meme coin is trading near the $0.000020 mark. Additionally, considering its impressive price momentum and bullish outlook, traders and investors have shown strong interest and confidence in the meme coin, resulting in a 30% jump in trading volume. Bullish On-Chain Metrics However, traders seem to be more optimistic about the meme coin, as reported by the on-chain analytics firm CoinGlass . Data revealed that traders are strongly over-leveraged at the $0.000019 level on the lower side and $0.00002044 on the upper side. Source: Coinglass These two levels are where bulls have built $6.70 million worth of long positions and short sellers have built $2.25 million worth of short positions, which are close to being liquidated if the PEPE price crosses these levels. Additionally, traders’ open positions seem to be continuously rising. According to CoinGlass data, PEPE’s open interest (OI) has surged by 15% in the past 24 hours, indicating that bulls are back in the market.
TL;DR XRP jumped 43% in a week, nearing its all-time high, with analysts eyeing $4–$8 targets amid rising adoption and US political shifts. One skeptic dismissed $100+ predictions as unrealistic due to market cap limits, calling XRP a “distraction” compared to Bitcoin (BTC). ‘XRP is a Distraction’ Ripple’s XRP has been flying high in the past week. Its price jumped from $2.30 (on January 10) to almost $3.40 on January 16. Thus, the asset stood just 1% away from its all-time high registered at the start of 2018. Currently, XRP is worth approximately $3.31 (per CoinGecko’s data), representing a staggering 43% increase on a seven-day scale. XRP Price, Source: CoinGecko Key drivers behind the significant rally include increased whale activity, excitement over political shifts in the USA, rising network adoption, and others. For more insights, further details are available here . The massive resurgence has given analysts the opportunity to speculate that the coin’s price may pump to unseen and even ridiculous levels. The popular X user EDO FARINA , for instance, said he would not sell his XRP holdings before the valuation reaches $100. On the other hand, the Bitcoin proponent Rajat Soni claimed that such optimistic predictions come only from people with “undiagnosed mental disability.” The finance expert explained that XRP’s potential price explosion to $100 would require its market capitalization to skyrocket to $10 trillion. Soni’s calculations are based on the total supply of XRP, which is almost 100 billion tokens. Multiplying the $100 price to the circulating supply of 57.5 billion coins will mean that the asset’s capitalization needs to soar above $5.5 trillion, which is still quite unrealistic (to say the least). To put things into perspective, the entire market cap of the crypto industry is less than $4 trillion (as of press time ). In addition, Soni said even bigger optimists suggest that XRP’s valuation could reach the astonishing $1,000 per coin. “XRP is a distraction. Stick to Bitcoin,” he concluded. Some Realistic Forecasts While $100 per coin might indeed seem like an outrageous target, many analysts have recently set somewhat optimal predictions (considering XRP’s bull run). One example is the X user CRYPTOWZRD, who believes the asset could be poised for a short-term rise to a new all-time high of $4 and then an increase to $8. Dark Defender also weighed in , envisioning a rally toward $3.6239 and $4.5503. “XRP has some work to do, but we will get there soon ,” the analyst added. The post Can Ripple (XRP) Reach $100 This Cycle? BTC Proponent Calls It Impossible appeared first on CryptoPotato .
American aerospace company SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at approximately $851 million, according to data from Arkham Intelligence. The firm has reportedly earned $700 million in profits from its Bitcoin investments since 2022. On Friday, blockchain data analytics firm Arkham confirmed that SpaceX’s BTC holdings had grown in value by $695.24 million since November 29, 2022. As confirmed by market activity, the Bitcoin stash, which the company reportedly keeps on Coinbase Prime, hasn’t been touched in the last three years. SPACEX IS UP $700M ON BITCOIN SINCE 2022 pic.twitter.com/CRPjiPmabx — Arkham (@arkham) January 17, 2025 The data also shows that in the last year, the reserves have garnered a net profit of more than 130%, buoyed by Bitcoin’s rise past $100,000 after Donald Trump was declared the winner of the US elections in November. Elon Musk-led companies’ Bitcoin balance sheet history According to a report published on the Wall Street Journal, SpaceX first recorded $373 million in Bitcoin holdings on its balance sheet in 2021. By the end of the year, which coincided with a market bull run, the company held 25.6k BTC, when the coin was priced at $46,000 per coin. SpaceX bitcoin holdings – Source: Wall Street Journal In May 2022, the company sold approximately $450 million worth of the crypto at a loss, as BTC’s price had slumped to $20,000. The aerospace giant then decided to hold onto its remaining Bitcoin reserves, which now stand at about 8.9k coins. Electric car manufacturer Tesla, another one of Musk’s companies that is closely linked with SpaceX’s crypto strategy, had its BTC holdings firstly spotted in March 2024 through Arkham’s on-chain analysis . Reuters cited a US Securities and Exchange Commission (SEC) filing that revealed Tesla acquired $1.5 billion worth of Bitcoin in January 2021. During the year, for about three months, the company briefly accepted BTC payments for its vehicles. Tesla sold portions of its portfolio twice: first in 2021 and again during the 2022 bear market, unloading $936 million worth of Bitcoin as the asset’s price dipped below $40,000. As of the time of this writing, Tesla holds about 11.5k coins, valued at just over $1.1 billion, per Arkham monitoring. The car manufacturer’s acceptance of Bitcoin as a payment method ended in May 2021, with Musk resonating the halt to environmental concerns about the crypto’s mining process. “We are concerned about the rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk stated on X. Stablecoins streamline SpaceX’s global operations In other news, Silicon Valley venture capitalist Chamath Palihapitiya said that SpaceX converts payments for its Starlink satellite internet services into stablecoins to avoid foreign exchange risks. Speaking in an All-In podcast on YouTube in December, Palihapitiya explained that the company employs this strategy primarily in countries with underdeveloped traditional financial systems. “When they aggregate payments in long-tail countries, they don’t want to take the foreign exchange risk or deal with sending wires,” he narrated, “ Stablecoins would allow us to chip away all of this decrepit infrastructure that the banks use to sort of slow down and tax a process that should never have been taxed.” Palihapitiya advocated for stablecoins as a primary cross-border transaction method in the US, because they would charge far less compared to traditional finance entities like Stripe. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.