With the current odds at 65%, the likelihood of a Strategic Bitcoin Reserve being created in the United States has greatly soared. The impetus behind this development is the strong advocacy of President-elect Donald Trump for cryptocurrencies and the planned Bitcoin Act. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days Proponents claim that this initiative might completely change the way the US views Bitcoin, therefore matching it with national security goals. The development of a crypto policy might depend critically in the coming months. Anthony Pompliano, the CEO of Professional Capital Management, presented this development to the public. On Kalshi, an online prediction tool, the American investor saw that the chances of a Strategic Bitcoin Reserve opening in the United States this year jumped to about 65%. Trump Vision For Crypto Becoming Popular One of the main elements driving the rising probability is Trump’s crypto-friendly stance. The core of the Bitcoin Act is the formation of a reserve of 1 million crypto units over a five-year period. Advocates of this initiative assert that its objective is to enhance innovation and economic resilience. Trump’s willingness to embrace blockchain technology has reignited optimism among crypto enthusiasts, who perceive his presidency as an opportunity to integrate digital assets into federal strategies. The odds that a strategic bitcoin reserve will be created this year is now at 65% on Kalshi. That is a 50% increase in the odds over the last few weeks. pic.twitter.com/5UhqyugnYP — Anthony Pompliano 🌪 (@APompliano) January 17, 2025 Lobbying Intensifies For Executive Action Cryptocurrency stakeholders are not anticipating the legislative process to unravel. There has been a significant increase in lobbying efforts to persuade the incoming administration to promptly issue an executive order. Proponents maintain that this kind of reserve would not only enhance economic stability but also act as a statement of global leadership in the realm of digital money. They suggest that a presidential order might minimize bureaucratic delays, therefore accelerating the process of defining the United States’ stance in the crypto ecosystem. Strategic And Financial Motives Strategic as well as financial considerations drive the need for an SBR. Those who support Bitcoin stress its ability to operate as a defense against traditional financial instability. Moreover, the United States runs the risk of lagging behind other countries currently including cryptocurrencies into their national policies. They argue that the creation of a Bitcoin reserve serves not just to stay up with international rivals but also to safeguard the future. Related Reading: Dogecoin Open Interest Spikes To Nearly $5 Billion – Impact On Price A Critical Year For Crypto Policy As 2025 progresses, US policymakers face key decisions that could redefine the role of digital currencies. The success of the Bitcoin Act and similar proposals depends on embracing innovation. The chance of creating a US Strategic Bitcoin Reserve has never been higher. Whether achieved through new laws or executive action, this move could secure Bitcoin’s place in the economy and strengthen the nation’s future strategy. Featured image from Emerce, chart from TradingView
Over the past year, the fusion of artificial intelligence (AI) and cryptocurrencies has sparked a significant rise in the prominence of AI-centric digital assets. Now, a fresh subset is emerging from obscurity—AI agent coins—a category of cryptocurrencies linked to initiatives employing autonomous AI agents for tasks within the blockchain realm. AI Agent Coins: The Emerging
Solana has recently achieved a new all-time high, climbing 16% to showcase a significant uptick in market performance. The surge has brought Solana’s valuation to impressive new levels, catching the attention of both individual and institutional investors. This article discusses key factors contributing to the significant Solana meme coin rally. Solana Price Achieves New ATH: What’s Driving the Price Explosion? According to recent Solana price action , the cryptocurrency has experienced a notable rise, marked by a 16% increase to a new all-time high of $268.5. This movement indicates a robust bullish trend in the Solana market, underpinned by several key developments within its ecosystem and wider market dynamics. The growth trajectory of Solana’s ecosystem, particularly the top meme coin sector, has played a pivotal role in its recent price appreciation. Among these, Official Trump, a meme coin introduced by President-elect Donald Trump, has soared to a market cap of $5.5 billion. This rally in meme coins within the Solana ecosystem contributed significantly to the broader appeal and investment inflow into SOL. Moreover, Solana’s technological infrastructure continues to attract a growing user base due to its high transaction speeds and low operational costs. In the last week alone Solana’s Decentralized Exchange (DEX) networks processed transactions worth $36.2 billion. This efficiency enhances user experience and strengthens investor confidence in Solana. Anticipation surrounding the potential approval of a Solana-based Exchange Traded Fund (ETF) also adds to the bullish sentiment. Polymarket polls suggest a 77% probability of ETF approval under the current regulatory framework. This move could usher in an influx of $3 billion to $6 billion from institutional investors. The prospect of enhanced liquidity and market depth is a catalyst for further price increases. SOL Strategic Market Position The strategic positioning of Solana in the cryptocurrency market as a fast and low-cost alternative to Ethereum continues to attract significant attention. With ongoing developments within its platform, Solana retains its current user base and expands its market reach. Furthermore, Solana’s active involvement in the NFT sector, with substantial monthly sales, underscores its diverse capabilities and appeal. The platform’s continued innovation and expansion across various crypto sectors likely will sustain its price momentum. What’s Next For SOL Price? Following the meme coin rally, analysts predicted Solana price could reach $300, citing a breakout from a descending wedge pattern, a bullish indicator. The analyst highlighted two key support bounces, signaling a reversal that pushed SOL above the $230 resistance level. Strong volume and price momentum confirmed the breakout, fueling optimism for further gains as bullish sentiments pushed Solana price to discovery levels. Source: X At press time, Solana is trading at $254.35, marking a 36.40% weekly gain and solidifying its bullish momentum. With a market cap of $123.76 billion and 24-hour trading volume soaring by 295.32% to $19.85 billion, SOL has captured significant investor interest. The post Here’s Why Solana Price Surged 16% To New ATH appeared first on CoinGape .
The post Trump Coin: Growth, Risks, and Investment Insight appeared first on Coinpedia Fintech News In the potential cryptocurrency bull run, the newly launched Official Trump (TRUMP) meme coin is gaining widespread attention from crypto enthusiasts due to its impressive price surge. Today, January 18, 2024, United States President-elect and pro-crypto Donald Trump made a post on X (formerly Twitter) and revealed his new meme coin, named Official Trump (TRUMP). My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC — Donald J. Trump (@realDonaldTrump) January 18, 2025 TRUMP Price Performance Since the post was published on X, it has gained widespread attention globally and attracted significant investors and traders, resulting in a TRUMP price surge from $4 to $35, which represents an increase of nearly 790% in less than 24 hours. Source: CoinMarketCap However, it seems that this new meme coin is consistently attracting new investors because it is linked to Donald Trump, who officially revealed the project to the crypto community. On the other hand, Trump is pro-crypto, and US citizens have elected him as the new president, with his presidential inauguration scheduled for January 20, 2025. Looking at these factors, it appears that TRUMP could be the next big thing in the realm of cryptocurrency. However, this is the positive side that everyone is currently aware of. Risk-Linked to TRUMP Despite the significant attention from traders, investors, and crypto whales, one concern raising alarm is the distribution of TRUMP’s holdings. According to data from Phantom Wallet, the top 10 holders currently own 86.47% of the total supply, meaning there is a possibility of pump-and-dump schemes, price manipulation, and other potential risks. Source: Phantom Currently, there are only 200 million TRUMP coins in circulation, while the max supply is 999.99 million. This means that 800 million TRUMP meme coins have yet to be circulated, which could create selling pressure and lead to further price decline. $500 Million of TRUMP Sell-Off? Besides this, a crypto expert named Conor recently made a post on X, noting that Trump has sold nearly $500 million worth of meme coins thus far. He further added that the Trump team controls 85% of the supply. From what I can see onchain, Trump has sold ~$500M of tokens thus far. The Trump team still controls 85% of supply pic.twitter.com/p4CcRFdrV0 — Conor (@jconorgrogan) January 18, 2025 These are the pros and cons of the TRUMP meme coin , so make sure to conduct thorough research before going long or investing for the long term.
Toncoin price remained under pressure as cryptocurrencies rebounded and as its on-chain data improved. Toncoin ( TON ) was trading at $5.35 on Saturday, down by more than 35% from its highest level last year. It has lagged behind other cryptocurrencies like Bitcoin ( BTC ) and Ripple ( XRP ) which have jumped to a record high this year. On-chain data shows that the TON Blockchain was doing relatively well. According to Ton Stat , the number of daily on-chain wallet activations rose to 185,395 on Friday, the highest increase since Dec. 13. This increase brought the total number of on-chain activated wallets to over 38.8 million. Further, the number of TON tokens burned each day has started rising. They rose to almost 12,000, the highest level since November last year. This burning happened even as the number of minted tokens dropped to 80,800, down from almost 90,000 earlier this year. More data shows that the amount of fees collected in the TON ecosystem has risen to 23,790 TON, the highest gain in almost a month. Therefore, Toncoin price is likely being pressured because of the ongoing performance of its top ecosystem tokens. Some of the most popular tokens like Hamster Kombat, Notcoin, and Catizen have all plunged by double digits. You might also like: Telegram’s Durov: User data may be shared with authorities Toncoin price analysis TON price chart | Source: crypto.news Crypto analysts are broadly bullish on the TON price. In a recent post, Darkfost, an analyst at CryptoQuant noted that its annualized realized volatility has dropped and moved below the 0.25 threshold. He believes that periods of low volatiity are followed by market reversals. Another analyst said that the Normalized Risk Metric was nearing a low-risk period. Like low volatility periods, he believes that these periods of low risks are often followed by big swings in price action. The daily chart shows that Toncoin price is forming a symmetrical triangle. Its upper side connects the highest swings since June 15, while the lower side links the lowest levels since September last year. This triangle started forming after it surged from below $1 to a high of $8.30, pointing to a potential bullish pennant pattern. Therefore, the coin will likely have a bullish breakout in the next few weeks or months. If it happens, the initial target will be its all-time high of $8.30, up by 55% from the current level. You might also like: Hamster Kombat to launch layer-2 chain as HMSTR nears key price
Stellar (XLM) has emerged as a formidable player in the blockchain space, gaining attention for its unique approach to cross-border transactions and financial inclusion. The network’s ability to facilitate such
A recent opinion piece in The Nation by TIME Business reporter Sam Gustin tells readers to “Be Afraid.” He’s warning them about cryptocurrency and Donald Trump. In it, the author quotes Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz, saying: “There’s an enormous risk of self-dealing here.” Economist’s Warning About Trump, Cryptocurrency “The danger is not only conflicts of interest, but a mindset among Trump and his cronies in which they don’t even understand the concept of conflicts of interest,” Stiglitz said. “The irony is that here you have a president who was elected on an allegedly ‘populist’ platform engaging in the most massive pro-billionaire, pro-wealth redistribution in US history.” “The result, experts say, will be higher prices, reduced consumer protections, and deeper economic inequality in the United States,” Gustin writes. But is that really true? Is it true that cryptocurrency is transferring the most massive sum of wealth in history from the middle class to billionaires? Bitcoin’s Populist Appeal If anything, crypto’s most die-hard advocates would argue that the traditional finance system, based on credit, redistributes the most to billionaires. Because it constantly revalues debt with cheaper dollars. Billionaires and their companies use the most debt-based instruments. Meanwhile, the ever-expanding money system causes prices to rise steadily. Crypto assets, on the other hand, cause lower prices by rewarding people for saving their money. The easy credit economy does reward businesses with large expense accounts to spend their money. Moreover, the Republican Party’s reckoning with crypto is helping to ensure consumer protections for those who want them. But that doesn’t leave out allowing more freedom for others. Many blockchain users are willing to take the risks that go along with pushing liquid financial markets and the Internet’s capability to their limits. As for economic inequality, it has been a complaint of voters for decades under traditional finance systems. Their benefits only seem to kick in at a certain economy of scale unreachable by most people. But that’s not so with cryptocurrencies like Bitcoin and Ethereum, which have made the profits of market capitalism available to all participants equally at any level of participation. Bitcoin’s price was only $43,000 a year ago. But today, it’s more than twice that amount, trading at $103,000 on Saturday. That represents a gain of over 130% returns on investment for crypto buyers who purchased Bitcoin last January. The post What Are Bitcoin’s Critics Really Afraid of? appeared first on CryptoPotato .
The University of Georgia study highlights social media's impact on cryptocurrency investments. Young adults show a strong correlation between social media use and investing in cryptocurrencies. Continue Reading: Social Media Sparks Increased Interest in Cryptocurrency Investments The post Social Media Sparks Increased Interest in Cryptocurrency Investments appeared first on COINTURK NEWS .
Tron founder and HTX Global Advisor Justin Sun has suggested that the issuance of a memecoin by US President-elect Donald Trump could be a turning point for crypto regulation in the United States. Speaking at an HTX X Space event titled “Interpreting the Hot Value of Trump Memecoin,” Sun brought up the broader implications of Trump’s entry into the cryptocurrency market. Sun said Trump’s support for cryptocurrencies could intensify competition in the sector, predicting that major tech players such as Facebook and Apple could enter the field by opening trading platforms. “Competitive pressure will increase in the future,” he added. Related News: BREAKING: Here's How Much Donald Trump Has Made So Far From His Memecoin TRUMP In November 2024, Sun became the Trump family’s largest investor in cryptocurrency project World Liberty Financial (WLFI) by investing $30 million. During the event, he confirmed the partnership with Trump and revealed other plans for the project. According to Sun, World Liberty Financial will soon issue the WLFI token on the TRON blockchain, further integrating the project into the TRON ecosystem. He also announced that TRX will be considered a reserve asset for WLFI and that HTX will list the token shortly. *This is not investment advice. Continue Reading: Tron Founder Justin Sun Talks About Donald Trump’s Entry Into The Cryptocurrency Market – He Shares His Predictions After That
Backed by NBA stars Stephen Curry and Paul George, mobile basketball game Rumble Kong League will launch on Ronin instead of Avalanche.