COINOTAG reported on January 20 that TikTok has announced steps to restore its services following an agreement with their service providers. The platform expressed gratitude towards President Trump for clarifying
Several financial giants are reportedly filing for crypto-related exchange-traded funds (ETFs) as they anticipate the departure of Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, Bloomberg senior ETF analyst James Seyffart reports that a “flurry” of companies are filing for crypto ETFs, including Tidal Financial Group, ProShares, Coinshares and VanEck. Seyffart notes that Tidal is filing for its Oasis Capital Digital Asset Debt Strategy ETF (DADS), which plans to invest in the debt securities of crypto ecosystems. He also reports that ProShares has filed for a Solana ( SOL ) Futures ETF and several XRP -related ETFs while CoinShares has filed to launch the CoinShares Digital Assets ETF, which will be based on its CoinShares-Compass Crypto Market Index. Seyffart goes on to say that ETF provider VanEck has applied to launch its “Onchain Economy ETF,” which will not invest in digital assets themselves but instead will focus on digital asset instruments, such as futures contracts and digital transformation companies. According to previous reports, Gensler is stepping down from his position on January 20th before President-elect Donald Trump is inaugurated for his second term. Under the helm of Gensler, the SEC filed numerous high-profile lawsuits against prominent crypto firms such as Coinbase, Kraken and Ripple Labs and didn’t approve the launch of the Bitcoin ( BTC )-based ETFs until compelled to do so by a court. 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. Generated Image: Midjourney The post VanEck and Others File for Crypto-Related ETFs As Issuers Anticipate Departure of SEC Chair Gary Gensler: Report appeared first on The Daily Hodl .
With President Trump claiming the mantle of the first crypto U.S. President, 2025 is set to be an busy year for the sector
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and Shiba Inu fall short as Rollblock’s GambleFi model gains traction, with $1.75M wagered and massive growth. Table of Contents Network concerns overshadow Solana’s performance Shiba Inu’s ecosystem struggles to meet its ambitious goals Rollblock surpasses Solana and Shiba Inu with unique utility and community-driven features With high expectations set for the crypto market in 2025, Solana and Shiba Inu fall short in 2025 predictions compared to Rollblock’s ambitious growth targets. Solana’s speed and scalability and Shiba Inu’s growing ecosystem have kept them in the spotlight, but neither project matches Rollblock’ s innovation in merging gaming and decentralized finance. Rollblock’s GambleFi model has already achieved impressive results, with $1.75M wagered in December and a 600% increase in deposits and signups. At $0.046 during its presale, Rollblock provides a rare opportunity for investors to capitalize on its 2025 growth. Network concerns overshadow Solana’s performance It became known that Solana was able to process upwards of 65,000 transactions per second, becoming one of the fastest blockchains. Further, since the fees were so low, averaging about $0.00025 for the transaction fee, Solana became one of the most-used blockchains for developers looking to build applications about DeFi, gaming, and NFTs. There currently lie over 400 projects on Solana’s blockchain, with a market capitalization of $113.5 billion strong in the hearts of both developers and users. Despite its strong technical capabilities, Solana has faced several network outages and criticism about network reliability. There is much potential in the Solana ecosystem. Still, Solana’s limitation makes it difficult for them to outcompete Rollblock in crypto expectations — especially in terms of rewarding and unique solutions with consistency. You might also like: 3 promising cryptos to buy for Trump’s inauguration rally: XRP, Rollblock, and Dogecoin Shiba Inu’s ecosystem struggles to meet its ambitious goals Shiba Inu has struggled to be classified as more than a meme token. Although the SHIB team has made significant strides, such as the decentralized exchange ShibaSwap and the layer-2 scaling solution Shibarium, there still seems to be a huge gap in innovation in its ecosystem. Both these projects will contribute to increasing SHIB’s utility and attracting long-term investors. By market capitalization, Shiba Inu ranks in the top echelons of the leading cryptocurrencies, with its value exceeding $13 billion. However, SHIB’s vast token supply continues to hinder significant price appreciation. Despite efforts to burn tokens and expand its ecosystem, SHIB remains heavily dependent on speculative trading rather than delivering consistent value to its holders. Compared to Rollblock, Shiba Inu’s ecosystem lacks the direct financial incentives that Rollblock surpasses crypto expectations, such as revenue sharing and provably fair gaming systems. Rollblock surpasses Solana and Shiba Inu with unique utility and community-driven features While Solana and Shiba Inu fall short in 2025 predictions, Rollblock (RBLK) has emerged as a transformative player in the crypto space. It offers more than just promises of scalability or ecosystem growth. Its focus on direct user engagement, transparent operations, and dynamic rewards systems sets it apart, capturing attention from both retail and institutional investors. One of Rollblock’s most powerful points is the P2E program, which financially incentivizes gamers to engage with the platform in tokenized cashback form. Unlike Solana or Shiba Inu, Rollblock ensures that the users who are active within its ecosystem get rewarded for their gameplay. This dual role as a gaming platform and an income generator creates a tangible link between entertainment and financial benefits, further driving adoption. Another unique offering is its reward-sharing program. RBLK is one of the few tokens that shares profits from casino operations with token holders. To make this work, they take a fraction of the Gross Gaming Revenue (GGR) and use 60% to buy RBLK tokens off the market for burning, so the token’s values are significantly increased due to scarcity. The rest is shared as rewards to all token holders. So, token holders can gain from their tokens increasing in value and by getting rewards. Rollblock’s platform is also designed for community-driven initiatives, empowering users to maximize their betting strategies. One can even follow and copy the bets of the best sports bettors on the platform, making the whole experience collaborative and educative. This goes well with Rollblock’s attitude toward an interactive and user-centric ecosystem that leads to loyalty and eventual growth. Given that its presale is only $0.046, Rollblock is an investment opportunity found nowhere else in a project aimed at disrupting the world of decentralized gaming and finance. Interested investors wouldnt want to miss the chance to be part of a platform that will take down its competitors in 2025. For more information, visit the Rollblock presale website and join the online community. Read more: 3 cryptos predicted to outperform Solana in 2025: XRP, Cardano, and Rollblock Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
On January 20th, Stani Kulechov, the founder of Aave, highlighted the multifaceted strengths of Ethereum in a recent social media announcement. Primarily known for its unparalleled security, Ethereum operates within
The U.S. Securities and Exchange Commission (SEC) has again cracked down on Nova Labs under Gary Gensler’s leadership. Recently, the SEC filed a lawsuit against Nova Labs, the creator of the open-source Helium Network. The lawsuit alleged the company sold unregistered products and misled investors about its technology. This comes just days before Gensler steps down on January 20. The case highlights his tough stance on crypto and questions the SEC’s future direction. Gensler’s Final Stand: Nova Labs in the Crosshairs The SEC’s case against Nova Labs focuses on two core allegations: selling unregistered securities and deceptive marketing practices. The Helium Network, known for its decentralized wireless infrastructure, incentivizes users with its native crypto asset, HNT. The SEC said Nova Labs’ “Hotspots” and “Discovery Mapping” program are unregistered investments. G However, it does not stop there. Nova Labs was accused of misleading investors by claiming that big companies like Lime, Nestlé, and Salesforce used Helium’s network. The SEC says these false claims made the network seem more legitimate. This tricked investors into buying products and tokens connected to the network. Ripple’s Ripple Effect: A Lingering Battle The SEC’s actions against Nova Labs are similar to its high-profile lawsuit against Ripple Labs. In July 2023, a court decided that XRP, Ripple’s token, was not a security in programmatic sales. This was seen as a partial win for the crypto industry. However, the SEC had filed an appeal , showing it was not ready to give up the case. The Nova Labs case stands out as Gensler gets ready to leave the office. It shows the tense relationship between the SEC and the crypto world during his time. This case highlights the ongoing battles over crypto rules. With new leadership coming, many speculate that the SEC may ease its approach to crypto enforcement. A recent report suggests it might pause cases without fraud claims and focus on securities law violations. This shift could change crypto regulation. Crypto’s 2024 Losses: A Year in Review The SEC’s strict actions come as the crypto industry struggles with hacks and fraud in 2024. Blockchain security firm Immunefi reported the industry suffered $1.49 billion in losses, down 17% from $1.8 billion in 2023. Notably, 98.1% of the losses stemmed from 192 hacking incidents, with fraud accounting for the remaining 1.9%, amounting to $28 million. CeFi platforms were hit hardest, with thefts rising 77.5% to $726 million. High-profile breaches included a $305 million breach at DMM Bitcoin and a $235 million hack on WazirX’s wallet. Decentralized Finance (DeFi) remained a prime target, making up 51.4% of the total, while CeFi accounted for 48.6%. Ethereum and Binance Smart Chain were the most attacked blockchain, with Ethereum causing 44% of all blockchain losses. The post SEC Strikes Nova Labs as Gensler Prepares to Leave Office appeared first on TheCoinrise.com .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple investors eye Remittix, a PayFi platform set to transform $190T cross-border payments by 2025. Table of Contents Ripple’s momentum plateaus after 7 day surge Remittix levels up the global payments game Tailored solutions for business operations Focusing on privacy and accessibility Presale momentum: $3.5 million raised and counting As we enter what may be a breakthrough year in the cryptocurrency market, investors in established tokens such as Ripple (XRP) are looking to maximize their returns. One emerging project gaining traction is Remittix (RTX) , a next-generation PayFi platform aiming to tackle inefficiencies in the $190 trillion cross-border payments industry. With its presale gathering momentum, Remittix is poised to shake up the financial landscape in 2025. So, what makes this project so compelling, and why are Ripple investors paying close attention? You might also like: Cryptos for 2025: Cardano, Solana, XRP, Dogecoin and Remittix Ripple’s momentum plateaus after 7 day surge Ripple ’s momentum seems to have plateaued after 7 days of strong growth. In total over the last week, Ripple posted a formidable 39.67% gain, landing at $3.27. Its $13.23 billion 24-hour trading volume suggests that many Ripple holders are now selling off as they anticipate a dip. Ripple’s market cap now sits at a mighty $188.37 billion though it’s unclear whether Ripple will now face a corrective action or stabilize at this level. Remittix levels up the global payments game Remittix is quietly transforming global financial transactions by removing the longstanding inefficiencies that have slowed people down while costing them a fortune. Its advanced PayFi solution enables users to exchange over 40 cryptocurrencies for fiat currencies while transferring funds to bank accounts anywhere across the globe. Unlike other expensive systems with hidden fees and charges, Remittix charges a flat rate so that recipients receive exactly what was sent. Its 24-hour transaction times are a key draw among traders, businesses, and individuals looking for fast and reliable cross-border payment solutions. Tailored solutions for business operations Businesses also stand to benefit from Remittix’s Pay API, which simplifies cryptocurrency payment acceptance and fiat settlement. Supporting over 30 fiat currencies and 50 cryptocurrency pairs, the platform offers unmatched flexibility. This is especially valuable for freelancers, online merchants and global service providers, who can now take the hassle out of managing digital assets, benefitting from simplified payment processes and lower costs. Focusing on privacy and accessibility Remittix prioritizes user privacy by processing payments as standard bank transfers, leaving no indication that funds originated from cryptocurrency. This approach safeguards user anonymity while alleviating concerns about the stigma often associated with blockchain-based transactions. Operating 24/7, Remittix removes barriers posed by traditional banking hours and geographical restrictions, making it a practical solution for users in underbanked regions. This ensures broader access to global financial systems and promotes financial inclusion. Presale momentum: $3.5 million raised and counting Remittix is on fire, having just soared past $3.5 million raised in its presale, as momentum continues to build. At the ecosystem’s center sits the native RTX token, which serves important functions but also acts as a means of investment in Remittix. The token is currently on offer to early project adopters for an alluring price of $0.0217, with analysts projecting an 800% price increase during the presale phase alone. As Remittix carves out a juicy share in the prosperous cross-border payments market, it is well on its way to disrupting the PayFi space in the coming months. To learn more about Remittix, visit their website or social media channels. Read more: Pepe, Dogecoin holders bet big on Remittix in 2025 as this new altcoin goes viral Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Nintendo released a two minute trailer for the Switch 2, here are some of the best theories the internet has spawned.
A day before officially becoming the 47th President of the United States, Donald Trump is making waves in the cryptocurrency landscape – not for his upcoming inauguration on January 20 – but for launching a controversial meme coin he named after himself. Launched on January 17, the crypto token dubbed as the TRUMP meme coin has sparked a considerable amount of discussion and is currently facing a backlash for what critics said was a questionable venture for the incoming President. Critics Condemn TRUMP Meme Coin Launch While everyone is anticipating Trump’s incoming takeover of the White House, the US President-elect surprised the cryptocurrency community by launching his own meme coin on the Solana blockchain. This move has now sparked a firestorm of criticism which questioned if it is ethical for an American president to launch his meme coin. Popular YouTuber Stephen Findeisen, also known as Coffeezilla, believes that the launching, which is only days before Trump’s inauguration is off-timing, considering Trump will be appointing the new Chair of the US Securities and Exchange Commission (SEC). > dropping TRUMP memecoin 2 days before becoming president is nasty work> new SEC/DOJ guarantees no prosecution> 80% of tokens vest to insiders DURING the presidency> most ppl losing money will be MAGA who aren’t crypto native> *should* be a crime but crime is legal now ig? — Coffeezilla (@coffeebreak_YT) January 18, 2025 “Dropping TRUMP memecoin 2 days before becoming president is nasty work. New SEC/DOJ guarantees no prosecution,” Findeisen said in his X post. Other critics questioned Trump’s new venture which in their opinion somewhat blurred the boundaries of government and business. Even Trump’s former aide, Anthony Scaramucci slammed the new meme coin describing it as a form of “corruption”, arguing that the Trump token could adversely affect the broader digital asset market. The Trump meme coin stuff is bad for the industry. Don’t delude yourself. It’s Idi Amin level corruption. — Anthony Scaramucci (@Scaramucci) January 18, 2025 Profiteering Move? Campaign Legal Center executive director Adav Noti accused Trump of using the presidency for his personal gain, saying the TRUMP meme coin could be considered a profiteering effort . According to reports, about 80% of the tokens will be distributed to individuals within the circle of the incoming president. “It is literally cashing in on the presidency — creating a financial instrument so people can transfer money to the president’s family in connection with his office. It is beyond unprecedented,” Noti told the New York Times. The new meme coin also does not sit well with some personalities in the cryptocurrency industry seeing it as a dirty tactic. “Trump owning 80 percent and timing launch hours before inauguration is predatory and many will likely get hurt by it,” former Coinbase executive Nick Tomaino said in a post. TRUMP Coin Soars Analysts said that the new Trump-based token needed only 15 minutes to reach a market capitalization of $400 million, saying the meme coin also pushed Solana’s native token SOL to an all-time high of $267. Ok yeah the new Trump memecoin website is deployed almost identically to his previous NFT website. Same cloudflare setup, same deployment with Heroku, same SSL certificate issuer. Very similar HTML structure as before. pic.twitter.com/u1zLD7Vcv7 — cygaar (@0xCygaar) January 18, 2025 Despite the backlash, data also showed that the new meme coin recorded over 12,000% adoption since it was launched. Market observers said that the coin’s value almost hit $35 before settling at about $29, adding that several crypto traders recorded gains with one investor reportedly making $50,000 to $1.1 million within a few hours. However, it is too early to tell what the future of the token will be considering only 20% of the 1 billion TRUMP coins are in circulation. The remaining 80% of the tokens will be released in the next three years. Featured image from The Nation, chart from TradingView
Shiba Inu (SHIB) has been hit by market turbulence, which has led to its steep decline from the top 15 cryptocurrencies by market cap. In the last 24 hours, the token has dropped by 9.18% to trade at $0.00002095. The current SHIB token supply stands at 589.5T, mostly held in centralized exchanges and within DeFi staking protocols. Shiba Inu’s market cap dropped by 7.35% on the last day, settling at $12.67B. However, its trading volume has grown by almost 11% in the last 24 hours to $964.26M, according to CoinMarketCap . The SHIB community has been burning its tokens to reduce circulation and increase prices. In the past week, the community burned around 66.15 million SHIB tokens, yet the efforts are not positively influencing the market, as SHIB prices are still dropping. Shiba Inu trades below important resistance levels Due to volatility, the token is experiencing a steep decline in returns, as there are no new inflows and speculative interest. The SHIB market is unwilling to support recovery, as seen by its failure in its attempt to break above $0.000022. Due to its over-reliance on hype and speculative trading, Shiba Inu’s ecosystem is currently struggling to remain relevant in a competitive market. SHIB’s daily performance is discouraging; the meme coin trades below its critical resistance levels. Currently, its price fluctuations are at lows with less significance. The digital asset lacks momentum, indicating that the coin might maintain bearish or neutral sentiments on RSI . The trend has reduced investor interest, lowering its activities. TRUMP meme coin surpasses PEPE and SHIB TRUMP, a newly launched meme coin formed by President-elect Donald Trump, has reached a new milestone just over a day after launch. The trending crypto has flipped Pepe (PEPE) and SHIB to become the second-largest meme tokens in terms of market cap. With a current market cap of around $13.3 billion, TRUMP only trails Dogecoin (DOGE), the popular meme coin and a favorite of Elon Musk, co-leader of the Department of Government Efficiency (D.O.G.E.) under the incoming Trump administration. According to the latest data, Dogecoin’s market value is around $57.1 billion. The general meme coin market was in sharp decline, with most tokens posting double-digit losses and wiping out their recent gains. Still, Fartcoin (FARTCOIN), a meme coin that trades exclusively on the Solana blockchain, continues to grow and maintain its gains at press time. From Zero to Web3 Pro: Your 90-Day Career Launch Plan