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Ahead of Trump's inauguration, experts weigh in on a 'pivotal moment' for crypto

Donald Trump will be sworn in as the 47th President of the United States later today, representing a “pivotal moment” for the crypto industry, according to experts. Establishing a bitcoin strategic reserve and commuting the sentence of Silk Road creator Ross Ulbricht are among the executive orders speculated for Trump’s first day.

theblock.co • 20/01/2025 - 15:11 PM

Bernstein says some may cringe, but Trump memecoin is a 'paradigm shift' in US crypto approach

Analysts at Bernstein said that Donald Trump’s official launch of a memecoin represents a “paradigm shift” in how the U.S. and the world will approach crypto. The incoming President’s team launched the TRUMP token late Friday on the Solana blockchain, and at one point, it had a fully diluted valuation of more than $73 billion.

theblock.co • 20/01/2025 - 11:15 AM

MEMECOINS

Students for Trump co-founder denies rug pull accusations after selling half of 'TIKTOK' memecoin's supply

Ryan Fournier, co-founder of the Students for Trump organization, faced criticism from memecoin traders after admitting to selling half the supply of the “TIKTOK” memecoin, which crashed from a $90 million market cap to just $5 million after the sale. Fournier said he was given 50% of the token by its creator but sold it once the token “started cratering,” though he denied profiting off the token. Fournier claimed he felt defrauded by the creator of the memecoin and admitted to making a mistake by selling in an X space on Sunday. Fournier was previously rebuffed by Eric Trump for spreading a rumor about Donald Trump’s involvement with the Restore The Republic memecoin.

theblock.co • 20/01/2025 - 02:42 AM

MEMECOINS

Trump memecoin launch propels Moonshot into top 10 on US Apple App Store

Moonshot has become the top finance app on the U.S. App Store following Trump's $TRUMP memecoin launch, processing nearly $400 million in volume and gaining over 200,000 new users.

theblock.co • 18/01/2025 - 18:13 PM

Trump posts send 'official' $TRUMP memecoin to $9 billion market cap

President-elect Trump’s X and Truth Social accounts have promoted an ‘Official Trump Meme’ memecoin, which reached a market cap of over $9 billion within three hours of launch. The memecoin appears to be associated with the same entity that launched Trump’s NFT trading cards, which will receive 80% of the tokens over 3 years, with only 10% reserved for a public distribution. Industry leaders celebrated Trump’s imminent inauguration at a ‘Crypto Ball’ in D.C. on Friday night.

theblock.co • 18/01/2025 - 05:23 AM

The Daily: Sony's blockchain launch faces memecoin backlash, bitcoin analysts rethink Trump inauguration strategy and more

Today's newsletter covers Sony's blockchain launch, Trump’s inauguration effects, corporate bitcoin acquisitions, and Italy’s Intesa bank's first bitcoin purchase.

theblock.co • 14/01/2025 - 19:27 PM

The Daily: Crypto asset manager says 'post-US election honeymoon is over,' AI agent token prices break down and more

Global crypto investment products attracted modest net inflows of $48 million last week as macro and monetary policy reasserted themselves, according to asset manager CoinShares. AI agent tokens have gone from dominating market mindshare to being dumped on the proverbial crypto scrap heap in the space of a week, with prices halving in some cases. Tether, the world’s largest stablecoin issuer, is “about to complete all formalities” to relocate to El Salvador after acquiring a Digital Asset Service Provider license in the country. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/01/2025 - 20:01 PM

Fidelity sees Solana as a 'notable contender' but backs Ethereum's stronger fundamentals

Fidelity Digital Assets projects Ethereum's stability over Solana in the long run, emphasizing fundamentals and upcoming upgrades, while noting Bitcoin's potential and stablecoins' growth in 2025.

theblock.co • 09/01/2025 - 13:16 PM

The Daily: Bernstein sets out 10 crypto predictions for 2025, MicroStrategy buys another $101 million worth of bitcoin and more

Bernstein analysts predict strong crypto growth in 2025, MicroStrategy's bitcoin purchase, Ripple hires shift to U.S., GSR receives FCA approval, and Vitalik Buterin liquidates memecoins for charity.

theblock.co • 06/01/2025 - 19:06 PM

AnonCast founder rolls out fully anonymous social platform on Farcaster

Kartik Patel launched Anon World, a Farcaster-based platform for anonymous interactions, featuring community discussions, ERC20 token requirements, and zero-knowledge proof technology for user anonymity.

theblock.co • 03/01/2025 - 07:09 AM

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