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Memecoin industry observers predict a consolidation of major memecoins such as Dogecoin, Shiba Inu and the Official Trump memecoin. The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December. According to CoinMarketCap data, the total market capitalization…
Donald Trump’s advisers said they would recommend the US President sign a resolution repealing the IRS rule into law if passed by the House and Senate. David Sacks, the AI and crypto czar in the Trump administration, said the White House will support congressional efforts to rescind the Internal Revenue Service (IRS) decentralized finance (DeFi)…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the International Monetary Fund (IMF) has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict Bitcoin purchases by the…
The US could see the biggest GDP contraction since the COVID-19 lockdown, as President Donald Trump’s tariff plans continue to cause havoc. The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now forecasting America’s gross domestic product to…
Analysts say Bitcoin’s recent weekend pump to $95,000 is eerily similar to the “Xi pump” in 2019. Bitcoin’s weekly chart was on track to close below $90,000 for the first time since November 2024, but a late surge pushed prices higher following US President Donald Trump’s announcement of a crypto strategic reserve. Bitcoin weekly chart….
A trader banked $6.8 million from leveraged longs on Bitcoin and Ether. Many of those positions were exited shortly after US President Donald Trump confirmed crypto reserve plans. A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has…
XRP, ADA and SOL rallied after President Trump’s post about a crypto strategic reserve. Will other altcoins latch on and rally too? Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve….
Bitcoin price gains top 8% as a surprise from US President Trump sends crypto market valuations flying higher. Bitcoin (BTC) neared $93,000 on Mar. 2 as US President Donald Trump doubled down on a strategic crypto reserve. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 8% in rare…
President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP, Solana, and Cardano, but not Bitcoin or Ethereum. In January, Trump issued an executive order calling for the formation of a working group that would study and make recommendations around crypto policy,…
Saturday Night Live got straight into the big news of the week: the fiery showdown between President Donald Trump and Ukrainian President Volodymyr Zelensky. The NBC sketch comedy show opened this week’s episode by spoofing the headline-making meeting that saw the leaders, in addition to Vice President J.D. Vance, get into a tense back and forth during…