Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
TL;DR A Solana user made nearly $40 million in profits with the MELANIA memecoin after a staggering 25,600% price surge in just hours. Analysts warn that 90% of the token's supply is held in a single wallet, raising concerns about a possible “rug pull” or massive fraud.
Donald Trump's pro-crypto stance has cooked up a storm in the crypto market. Ever since he won the presidential election, the market has been raging like a wild bull.
The Solana price has experienced a strong bearish reversal after achieving a new ATH of $294.33 yesterday. Reportedly, the price experienced a pullback after encountering a network congestion-like situation.
Rumble, a Tether-backed video-sharing platform, has made its first Bitcoin acquisition two months after adopting the top crypto as a strategic reserve asset. On Jan. 20, Rumble CEO Chris Pavlovski announced that the company had purchased Bitcoin on Friday, Jan. 17.
Peter Schiff, who is pretty much synonymous with his outspoken skepticism of Bitcoin (BTC) and cryptocurrencies in general, might not seem like the obvious person to indirectly spark interest in digital assets. But the financial expert recently responded to a challenge from a follower who questioned his accuracy, especially as Bitcoin hit a new all-time high of around $110,000.
Rumble, Canada's largest video-sharing platform with over 50 million users, has announced its first Bitcoin purchase as part of its financial reserve strategy.
Ethereum has notably underperformed this cycle, particularly as Solana gains traction through the memecoin frenzy and events like Trump's official memecoin launch on Solana instead of Ethereum.
Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
According to data provided by Google Trends, a service that makes it possible to analyze popular search queries, "how to buy crypto" searches have now reached a new peak.
Popular cryptocurrency XRP continues to take center stage on the market, primarily due to the wild price action it has shown in recent weeks. The latest episode was the bullish divergence on Relative Strength Indicator, which emerged on an hourly chart of XRP against the leading cryptocurrency, Bitcoin (BTC).
Solana (SOL) has recorded impressive performance lately as prices soared to all-time highs above $290 yesterday Further, the blockchain dominates the meme crypto space, housing half of the top ten meme coins. The latest TRUMP and MELANIA meme coins' launch on Solana has elevated the ecosystem's appeal.
Bitcoin's recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period.
Fifteen years ago today, the cryptocurrency market was a different landscape. According to Bitcoin historian Pete Rizzo, on this date 15 years ago, you could buy 1 Bitcoin (BTC) for just $0.50.
Some coins have come back to the green zone, while others keep falling, according to CoinStats.
In mid-January, Bitcoin's (BTC) expected 2025 rally appeared in danger as fears emerged amidst a downturn that the world's premier cryptocurrency might not regain a footing until it collapsed to approximately $80,000.
Bitcoin's rally before the inauguration raised the futures funding rate to its highest level since December.
The Tether-backed video streaming platform closely associated with the Trump universe purchased its first bitcoins on Friday.
In August, the IMF wrote in a report that many of the risks of the Bitcoin experiment “had not yet materialized.”
The value of Trump's memecoin has gone through the roof, and Melania's has too.
Donald Trump's inauguration as the first pro-Bitcoin U.S. president is here—join Bitcoin Magazine's live coverage at 10 a.m. EST!
The odds that Donald Trump will approve a Strategic Bitcoin Reserve in his first 100 days have jumped to 56% ahead of his inauguration. A Polymarket poll with over $2.
Analytics platform IntoTheBlock announced that 100% of Bitcoin holders were now in profit following a surge in the coin's price ahead of President Donald Trump's inauguration. The platform further revealed that the last time all BTC holders were in profit was during the November crypto frenzy after Trump's win in the presidential elections when the coin surged from around $80,000 to a new all-time high above $108,000.
If there's one thrilling narrative to study and revisit in 2024, it's Ripple's XRP. For those in the know, this crypto had a rough few years due to its ongoing cases and investigations launched by the US Securities and Exchange Commission.
The grant will help BTCPay continue to work on open-source payment development.
There has been a massive uptick of interest among noncryptocurrency owners as these "outsiders" look to participate in the action. The soaring interest comes amid a bullish Bitcoin (BTC) run that has seen its price attain historic levels.
Bhutan, the small Himalayan kingdom celebrated for its forward-thinking approach to crypto, has captured global attention with a recent transfer of 633 Bitcoins valued at $64.57 million to three newly created blockchain wallets.
A Bitwise analyst suggested the potential implementation of a Strategic Bitcoin Reserve is still not fully priced into the market.
After overtaking silver and Saudi Aramco – once a strong contender for the world's biggest company – in terms of its market capitalization in late 2024 and experiencing a powerful rally in mid-January, Bitcoin (BTC) appears poised for a march toward new and unprecedented highs.
In a recent response on X, Coinbase CEO Brian Armstrong highlighted an unexpected surge in Solana activity. Armstrong noted that Coinbase's Solana infrastructure was under significant pressure, stating that the Coinbase team had been working hard to scale the infrastructure in response to the unexpected surge.
The crypto market has recorded its highest weekly inflow this year, reaching an impressive $2.2 billion. According to the latest CoinShares report, this influx of capital was fueled by growing excitement around Donald Trump's Jan. 20 inauguration.
A link between the expansion of the meme coin industry, especially on Solana, and the upward trend in the price of Bitcoin, was recently brought to light by Binance CEO Changpeng Zhao. What's good for memes is good for Bitcoin, he said, illuminating a phenomenon in which the biggest cryptocurrency gains indirect advantages from the booming meme coin market.
Bitcoin, currently valued at $107,075 to $107,748 over the last hour, has a market capitalization of $2.12 trillion and a 24-hour trading volume of $118.01 billion. It navigated a session marked by pronounced volatility.
Bitcoin reached a new all-time high of $109,036 on Jan. 20, 2025, briefly surpassing its previous record of over $108,000 set in December 2024.
Chainlink (LINK) joined Solana (SOL) as a top performer, gaining 4.3%.
Crypto markets are reeling after a tumultuous 24 hours, with liquidations surpassing $1 billion as Bitcoin fell below $100,000.
The near two-month debt issuance suspension period could signal lower global liquidity, which may affect Bitcoin's price leading into March.
MicroStrategy's stock increase could significantly amplify its Bitcoin strategy, impacting market dynamics and shareholder value. The post MicroStrategy shareholders to decide on major stock increase to advance Bitcoin strategy tomorrow appeared first on Crypto Briefing.
Bitcoin recently crossed the mythical threshold of $109,000. This new record comes against a backdrop filled with symbols and expectations, as Donald Trump prepares to be sworn in for a second term as President of the United States.
Over the weekend, Solana's blockchain faced heavy congestion as demand surged, fueled by the popularity of memecoins inspired by Donald and Melania Trump.
With the price of Bitcoin (BTC) recently breaking a new all-time high (ATH) above $109,000, market participants are largely redefining their positions. In an unusual series of events, crypto data tracker Whale Alert flagged three whale transactions on Robinhood.
Crypto has high hopes for Trump and his team.
The Bitcoin market continues to look strong, but Monday was a bit wild at points. Ultimately, this could be laid at the feet of the holiday in the US, and the meme coin nonsense from that same country over the weekend.
Bitcoin climbed to a fresh record as the original digital asset gained as much 5.5% to $109,241 on Monday. Donald Trump is expected to enter the White House with a clearer set of goals and a more professionalized staff, and will sign a raft of executive orders on his first day, including opening up federal lands to drilling and energy exploration, and closing the US southern border.
ETH price struggles with Bitcoin's dominance, Trump's crypto moves, and the Solana blockchain surge. As Vitalik Buterin announces leadership changes to reshape Ethereum's future, what to expect for Ethereum price and blockchain?
The Tether-backed platform completed its first-ever Bitcoin ($BTC) purchase last Friday, led by CEO Chris Pavlovski.
With only a few hours remaining of President-elect Donald Trump's oath-taking ceremony for the second time, the BTC Price has successfully smashed a new all-time high of $109,114. This highlights an optimistic behavior among investors toward the growing blockchain technology. Reportedly, the Bitcoin price has surged 16.
The cryptocurrency market heated up at the beginning of 2025, with Solana (SOL) indicating a strong possibility of a big rally. In addition, Rexas Finance (RXS), an emerging coin at $0.175, is quickly gaining popularity as the next top crypto.