Author: John Smith
Meme coins like TRUMP and MELANIA nosedive post-inauguration, while other sectors defy the trend with modest gains. According to SoSoValue, most segments of the crypto market have experienced a modest pullback since Donald Trump assumed office on Jan. 20. However, the meme coin sector has seen a significant decline, dropping by approximately 15% as of this writing on Jan. 21. Among the meme coins, Official Trump (TRUMP) has suffered a steep decline of nearly 40%, while Melania Meme (MELANIA) has fallen by over 66% in the past 24 hours. DeFi and DeFAI leaps up Despite broader market fluctuations, the DeFi…
Former presidential candidate Vivek Ramaswamy has decided to exit the Department of Government Efficiency just months after being appointed as co-leader. Ramaswamy’s decision to exit DOGE was announced hours after President Donald Trump officially began his second term in office, leaving Elon Musk as the sole leader of the cost-cutting advisory group. In a Jan. 21 X post, the 39-year-old entrepreneur said he was honored to support the creation of DOGE, expressing confidence in Musk and the team’s ability to “succeed in streamlining government.” Without elaborating on his future plans, Ramaswamy said he would have “more to say very soon”…
Circle’s Jeremy Allaire has criticized an SEC rule that he says creates financial disincentives for banks to adopt or hold crypto. Circle CEO Jeremy Allaire believes a U.S. Securities and Exchange Commission rule is making it harder for financial institutions and companies to hold crypto, calling for it to be removed. The rule, known as Staff Accounting Bulletin 121, makes it expensive for banks to list crypto on their balance sheets, as it requires them to treat digital assets as liabilities, leading to higher capital requirements, increased accounting and auditing costs. In an interview with Reuters, Allaire said the rule…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is gaining momentum in the blockchain space, raising $10.6 million in its presale and offering smart, real-world solutions that could position it as a market leader. The blockchain industry is abuzz with excitement as Lightchain AI continues to gain traction, positioning itself as a potential market leader. With its presale raising $10.6 million, Lightchain AI has proven its ability to capture investor confidence. Offering a fresh approach to blockchain innovation, Lightchain AI is addressing inefficiencies in traditional…
‘How to buy crypto’ searches on Google Trends have reached a new all-time high after President Donald Trump’s inauguration. What could this mean for the crypto market? On Jan 19, the number of global weekly searches for “How to buy crypto” on Google have hit the 100 mark, leaping four times compared to last week’s number and is projected to go even higher as the week unfolds. The next day, Donald Trump was officially sworn in as President of the United States of America. His presidential term is poised to be much more crypto-friendly compared to the previous Biden administration.…
A day after Donald Trump was sworn in as the 47th President of the U.S., whales took massive hits from Trump-backed meme coins MELANIA and TRUMP. Just two days before his inauguration as the 47th president of the U.S., Donald Trump launched his meme coin, Official TRUMP (TRUMP), on the Solana (SOL) blockchain on Jan. 18. On Jan. 19, the token skyrocketed to a peak of over $75, swelling its market cap to nearly $15 billion—an eye-popping 840% jump from its all-time low of $6.24. However, as of this writing on Jan. 21, the TRUMP token has experienced a sharp…
Cross-chain Ethereum-based protocol Orbiter Finance announced it will be sponsoring Donald Trump’s inauguration speech, alongside the airdrop of its new governance token. According to data from Etherscan, Orbiter Finance has already made its first donation of 10 ETH (ETH), worth around $33,607, to the smart contract wallet for Trump’s token, World Liberty Financial. The donation was made through Orbiter’s OmniChain interoperability protocol. Donald Trump is scheduled to be sworn in as president on Monday, Jan. 20 inside the Capitol rotunda around mid-day. In a recent post, the protocol also vowed to keep sending donations throughout Donald Trump’s presidency after he…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Will Dogecoin break $1 in 2025? As market sentiment improves, XRP and YETIO also capture attention, fueling the buzz around crypto’s potential this year. In 2025, the crypto market sentiment has improved. This year, along with Dogecoin (DOGE), XRP and Yeti Ouro (YETIO) emerged as promising contenders. DOGE aims to reach the unprecedented $1 mark, XRP trades flat but remains near its all-time highs, and YETIO pushes the boundaries of innovation within blockchain gaming presales. The inauguration of Trump…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In today’s digital economy, a handful of tech conglomerates hold unprecedented control over the most valuable resource of the modern age: user-generated data. Companies like Google, Meta, and Amazon have built massive data empires by collecting, storing, and monetizing the personal information of billions of users. This centralization of data stifles competition, limits innovation, and creates data silos where access is restricted to only a few. While the concept of decentralized physical infrastructure networks—otherwise known as DePINs…
Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance. The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release. The BNB Incubation Alliance aims to connect venture capital firms, developer communities, and incubators to accelerate the development of blockchain projects. It focuses on early-stage startups and provides resources such as financial backing, professional coaching, and technical guidance. This investment from Gate Ventures is expected to enhance the alliance’s ability to…