The Trump administration is deepening its involvement in the cryptocurrency and financial sectors, with two major developments signaling a shift in strategy. The Trump Media and Technology Group (TMTG) has announced its expansion into financial services and cryptocurrency under the brand Truth.Fi, offering managed accounts, ETFs, and digital asset services. At the same time, President Donald Trump’s official meme coin, TRUMP, is now accepted for purchases of branded merchandise, marking a new step in integrating crypto into his business ecosystem. These moves show the administration’s growing embrace of digital assets, a notable shift from Trump’s earlier skepticism toward cryptocurrencies. However, they have also raised concerns about potential conflicts of interest, given the Trump family’s significant holdings in the sector. Trump Expands Crypto Footprint: Official Meme Coin TRUMP Now Accepted for Merchandise In a move that further integrates cryptocurrency into his business ventures, US President Donald Trump has tied his official meme coin, Official Trump (TRUMP), to a range of merchandise, allowing holders to purchase sneakers, watches, and fragrances using the token. This shift not only strengthens Trump’s crypto presence but also marks a stark contrast to his earlier stance, when he dismissed crypto as being “based on thin air.” According to a Jan. 29 Bloomberg report, three websites —GetTrumpSneakers.com, GetTrumpWatches.com, and GetTrumpFragrances.com—now accept payments in TRUMP and Bitcoin (BTC). These platforms, reportedly owned by CIC Ventures LLC, a Trump-linked company, represent a significant push by the 47th president into digital assets. The Trump meme coin (TRUMP) initially emerged as a speculative asset, primarily traded as a political statement or a show of support. However, by incorporating direct utility—enabling TRUMP holders to buy branded products—President Trump is taking a step further into the crypto-commerce sector. Blockchain data from Solscan indicates that TRUMP currently has around 700,000 holders, though reports suggest that 80% of the total supply remains in the hands of Trump Organization affiliates. This level of control over a major cryptocurrency asset raises questions about potential market influence and financial implications. Trump’s involvement in digital assets extends beyond meme coins. His Web3 initiatives date back to 2022, when he released a series of non-fungible token (NFT) collections, capitalizing on blockchain-based collectibles. Since then, his ventures have grown significantly. Most notably, the Trump family has been linked to World Liberty Financial, a decentralized finance (DeFi) platform that has been on a cryptocurrency buying spree in recent months. Additionally, First Lady Melania Trump has debuted her own meme coin, MELANIA, further signaling the family’s strategic commitment to digital assets. Trump’s crypto-friendly stance appears to be resonating with the digital asset community. He has already taken several steps to legitimize and support the crypto industry, including: Pardoning Ross Ulbricht, the creator of Silk Road, the infamous dark net marketplace. Launching a working group to explore the feasibility of a national digital asset reserve. Directing the Securities and Exchange Commission (SEC) to form a dedicated crypto task force, a shift away from the enforcement-heavy approach seen during the Biden administration. The shift marks a profound change in federal regulatory policy toward crypto assets, positioning Trump as the first US president to actively promote and integrate cryptocurrency into the mainstream economy. Despite the enthusiasm from the crypto sector, critics warn that Trump’s deepening involvement in digital assets could present a serious conflict of interest. Danielle Brian, head of the watchdog group Project On Government Oversight, voiced concerns over the president’s financial entanglement with the industry. Watchdogs have also highlighted that the Trump family’s control over the majority of TRUMP’s supply raises ethical concerns about potential price manipulation or policy decisions that could benefit their personal holdings. Crypto’s Growing Political Influence Trump’s embrace of cryptocurrency comes at a time when digital assets are playing an increasingly significant role in US politics. With the industry growing in influence, both Democrats and Republicans are beginning to adopt clearer positions on regulation, taxation, and institutional adoption of blockchain technology. Earlier this month, Senator Elizabeth Warren and other lawmakers called for an investigation into Trump’s crypto-related financial dealings, further intensifying the scrutiny on how digital assets intersect with politics and governance. With meme coins, NFTs, DeFi, and now a crypto-friendly regulatory push, Trump’s administration is undeniably steering the US towards a new digital asset economy. However, how crypto regulation under Trump will unfold remains to be seen. Will his administration continue to encourage crypto adoption, or will concerns over conflicts of interest and centralization lead to increased oversight? One thing is certain—crypto is no longer a niche market; it’s a mainstream economic and political force. Trump Media and Technology Group Expands Into Crypto and Finance With Truth.Fi In related news, the Trump Media and Technology Group (TMTG), a media conglomerate partially owned by US President Trump , has officially announced its expansion into financial services and cryptocurrency under the brand Truth.Fi. The move signals a growing commitment by Trump and his inner circle to the digital asset industry and aligns with the administration’s broader push to reshape financial regulations around crypto. According to the Jan. 29 announcement , Truth.Fi will provide: Separately managed accounts in partnership with Charles Schwab, Customized exchange-traded funds (ETFs) tailored for investors, and Cryptocurrency services integrated into the platform. This expansion marks another bold step in Trump’s post-presidential business empire, further embedding digital assets within the economic landscape of his presidency. TMTG CEO Devin Nunes, who also serves as chairman of the President’s Intelligence Advisory Board, framed the expansion as a mission to protect Americans from financial censorship and “debanking.” The move comes amid increased government scrutiny over digital assets, as well as growing concerns about financial exclusion in the traditional banking sector. By positioning Truth.Fi as an alternative, TMTG appears to be capitalizing on Trump’s pro-crypto stance while challenging Big Tech and centralized financial institutions. The launch of Truth.Fi follows months of speculation that Trump-linked enterprises would enter the cryptocurrency space. In September 2024, President Trump unveiled World Liberty Financial, a decentralized finance (DeFi) platform, which has since become a major crypto investor. A $394 Million Crypto War Chest According to Arkham Intelligence , World Liberty Financial has already accumulated over $394 million worth of cryptocurrencies, including: 62,000 ETH (~$3,151 per ETH) 646 Wrapped Bitcoin (WBTC) (~$101,928 per WBTC) 19,000 Lido Staked Ether (stETH) (~$3,147 per stETH) On Jan. 20—the day of Trump’s second inauguration—World Liberty Financial purchased over $100 million in ETH and WBTC, doubling down on its crypto holdings. The Trump family's deepening ties to Ethereum have not gone unnoticed. The DeFi platform has also acquired Trump-related Ethereum Name Service (ENS) domains, such as: barrontrump.eth erictrump.eth trumpcoin.eth worldliberty.eth These acquisitions have sparked speculation that Trump and his family may eventually launch new business ventures on the Ethereum blockchain. Ethereum co-founder Joe Lubin commented on the Trump family's strategic focus on ETH, suggesting they could be building Ethereum-based applications. However, no official announcements have been made about specific Ethereum-based projects from the Trump family. Trump's deepening involvement in cryptocurrency, financial services, and decentralized finance has sparked a range of reactions across the political and financial sectors. For crypto enthusiasts, Trump’s push into digital assets and blockchain technology represents a pivotal moment for the industry. Under his administration, the Securities and Exchange Commission (SEC) has shifted away from enforcement-driven regulation, forming a dedicated crypto task force to create a comprehensive regulatory framework. For critics, Trump’s expanding financial empire presents conflict of interest concerns. With Truth.Fi offering crypto services and Trump-affiliated businesses holding significant stakes in major digital assets, some watchdog groups are raising alarms over potential policy influence. Despite the controversy, Trump’s continued embrace of digital assets has resonated with a large base of crypto investors and entrepreneurs. With Truth.Fi and World Liberty Financial now fully operational, it’s evident that Trump is positioning cryptocurrency at the center of his economic strategy.
The post XRP Price Prediction For January 30 appeared first on Coinpedia Fintech News Ripple’s XRP has currently drifted into the green zone and the price is now eyeing to break the $3.20 level. As long as XRP holds above the $3levels, the current bullish scenario remains plausible, with the expectation of moving towards the upside. While the primary scenario is bullish, there is a possibility that the market could still be in a corrective phase. In the short term, XRP has shown a strong reaction to support and is currently in a pullback phase. After a 20% move up from a support area, the price has encountered a minor pullback. It is important to monitor the micro-level support and the potential for the price to continue its upward trajectory. Micro Support Levels: $2.76 – $2.97: These are the immediate support levels for the current pullback. XRP should ideally not break below $2.76 in the short term to maintain the bullish outlook. If the price holds within this range and forms a higher low, it will signal a continuation of the bullish trend. Upside Price Targets: Breakout and Bullish Continuation Should the pullback hold and the price find support above the $2.76 level, the price could see a potential breakout to the upside. The following price targets are critical for confirming the continuation of the bullish trend: Resistance and Target Levels: $3.40: A breakout above this level would be a key signal for further upside movement. This level has already proven to be a significant resistance point in recent price action. $3.42: This level represents the 138% retracement of the previous wave and acts as a crucial resistance point. $4.20: The next Fibonacci resistance level above $3.40. A successful breakout above $3.40 would likely bring XRP to test this level. $5.00: The ultimate upside target for XRP, based on larger Fibonacci extensions. If the bullish momentum continues, $5.00 could be the next major target to the upside.
Takumi Niwa, a 30-year-old Japanese table tennis star and 2021 Tokyo Olympic bronze medalist, was arrested on suspicion…
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Many crypto experts believe that 2025 will give incredible returns as the bull run reaches its peak. The following altcoins are being tipped to lead the way, as Rollblock ($RBLK), Ethereum, Shiba Inu, Pepe, and Solana are all showing signs of phenomenal potential in the coming months. These tokens deserve an allocation in any well-balanced crypto portfolio. Here’s why Rollblock in particular is experiencing massive growth that could cause its token price to 50x this year. Rollblock ($RBLK) Ready To Change The Game In 2025 Rollblock ($ RBLK ) is a brand-new Web3 take on traditional gaming platforms that is entering a period of rapid growth. The price of $RBLK recently hit a new high of $0.052 as this revolutionary DeFi project remained unfazed by the recent crypto dip. This has come about due to the insatiable demand for $RBLK among both retail and institutional investors. The $RBLK presale has raised more than $9.7 million since its inception as it recently smashed into stage 10 of its ICO token launch. Word has spread about the revolutionary blockchain-backed approach that Rollblock offers. Since all transactions are immortalized onto the steadfast Ethereum blockchain, there can be no risk of the house manipulating any bids to their advantage. Rollblock gamers are spoiled for choice with a range of more than 7,000 classic games, from Monopoly to slot machines and poker. A sports prediction league has also gone over incredibly well with the community and added yet another lucrative revenue stream. $RBLK holders also benefit from its bullish deflationary supply. Each week, up to 30% of the platform’s profits are used to purchase $RBLK on decentralized exchanges. 60% of these tokens are immediately destroyed, which potentially removes millions of tokens from the overhanging supply each week. The remaining tokens fund a generous staking reward scheme through which committed community members can earn an attractive APY of up to 30%. $RBLK supply will continue to shrink as demand ramps up in 2025. In December alone, Rollblock detected a 600% spike in new registrations , meaning that Rollblock is one of the fastest-growing projects in the gaming space. Ethereum ($ETH) DeFi Activity On The Rise Ethereum has crashed by nearly 6% this week and is attempting to find support at $3,100 at the current time. The past month has seen a 7% drop, as trading volume has also fallen on the Ethereum chain. Just today this fell by 13% as just $20.3 billion of Ethereum changed hands in the last 24 hours. The Ethereum DeFi ecosystem is coming back to life after it was revealed that the network saw its supply of stablecoins increase by over $2 billion. This reveals a rising demand for Ethereum services, including staking and lending on-chain. Ethereum is the leading provider of DeFi services and will likely remain so for the remainder of this cycle. This uptick in demand could send the price of ETH upward of $4k in the coming weeks. Shiba Inu ($SHIB) Rolls Out Upgrade To Shib.io Shiba Inu has tumbled this week along with the rest of the highly volatile meme coin market. Shiba Inu’s price fell by 11% in the last seven days to reach $0.000018. This remains the second largest meme coin in the space behind Dogecoin. Recently developers rolled out a swap and bridge protocol on the Shib.io platform. This is the latest update of the Shiba Inu OS operating system and is set to improve the UI for users of Shiba Inu. This follows hot on the heels of the release of the TREAT airdrop for $SHIB holders. Clearly there is much innovation on this meme chain and Shiba Inu could easily become a top 10 coin in the coming months. Pepe ($PEPE) Whales Spook Holders Pepe’s value has declined by 2.3% in the last 24 hours as its price fell to $0.0000123. This has sent Pepe down to 28th position in the CoinMarketCap top crypto index and follows Pepe’s recent trend. This meme is down by more than 20% in a month. Pepe has been more volatile than usual recently as the market was spooked by the movement of over 1.1 trillion Pepe tokens, which were sent to Binance in a single transaction. Pepe’s concentration of large holders is particularly high, meaning that whales have the ability to move the market with their moves. Once the selling stops, then Pepe should see a decent bounce and could well regain the important $0.000017 price point. Solana ($SOL) Trumps Its Rivals With Presidential Nod Solana has fallen by 11% in the last week, having faced significant selling pressure after its recent sprint to all-time highs. Solana is currently trading at $227, which still represents a 21% gain on the monthly time frame. Much of Solana’s recent rally was attributed to the Trump effect, as the incoming president used the Solana chain to launch his very own meme coin last week. Trump’s coin was a huge vindication for Solana, which now enjoys the presidential stamp of approval. Solana is likely to remain the chain of choice for PoliFi tokens, as politicians of all parties are now likely to follow suit and launch a token. Many analysts are confident that Solana could see a four-figure price tag this cycle. Rollblock Will Deliver Life-Changing Gains This Year Heading into 2025 and what is likely to be the most parabolic stage in the crypto cycle, investors should consider allocating to Ethereum, Shiba Inu, Pepe, and Solana before the coming blow-off top. However, Rollblock ($RBLK) stands out as a golden opportunity thanks to its rapidly rising adoption and comparatively smaller size, which will enable it to grow many multiples from its current bargain-bin valuation. Experts have recently doubled down on their 50x price predictions for $RBLK, as many now see the $1 level as a lock. Stage 10 tokens are already flying off the shelves at $0.052 as demand is far outpacing the supply. Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
El Salvador has amended its Bitcoin regulations, impacting its previous mandate related to cryptocurrency, in a significant shift aligning with IMF requirements. This recent legislative change aims to lessen the
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments.
On January 30, COINOTAG News reported that Grayscale’s parent organization, Digital Currency Group (DCG), has launched a new subsidiary specifically focused on cryptocurrency mining. This strategic move underscores DCG’s aim