The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more.
-
TRUMP crashes 38% as MELANIA launches her own memecoin
United States President-Elect Donald Trump’s controversial memecoin fell 38% as the incoming first lady Melania Trump launched a memecoin of her own, notching a $5 billion market cap within the first hour of launch. The MELANIA memecoin was promoted on Melania Trump’s X account to her 3.2 million followers and was retweeted by the incoming…
-
Can Trump’s pro-crypto policies survive beyond his administration?
US President-elect Trump takes office on Jan. 20, much to the excitement of crypto industry executives expecting pro-crypto policies. However, those policies may or may not survive past his administration and depend on the balance of power in Washington, DC, sources told Cointelegraph. Adam O’Brien, founder and CEO of Bitcoin Well — a financial services…
-
Mad Lads Solana NFTs jump to 6th place amid TRUMP memecoin buzz
Mad Lads, a non-fungible token (NFT) collection on the Solana blockchain, has climbed to sixth place among the most valuable NFTs by floor market cap. The surge comes as Solana (SOL) reached an all-time high of $287, up 19% in the last 24 hours, driven by the buzz surrounding the TRUMP memecoin, which was launched…
-
Insider trading allegations surface as TRUMP memecoin floods Solana DEXs
Suspicious trading activity has emerged around Donald Trump’s Solana-based TRUMP memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors. On Jan. 18, Bubblemaps, an onchain analytics firm, investigated a crypto wallet funded with $1 million four hours before the TRUMP token’s launch. Onchain data reveals that the wallet purchased…
-
BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12
Top Stories of The Week Coinbase CEO calls on countries to establish Bitcoin reserves Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were “the next chapter of capitalism,” offering suggestions for policymakers…
-
BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12
Top Stories of The Week Coinbase CEO calls on countries to establish Bitcoin reserves Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were “the next chapter of capitalism,” offering suggestions for policymakers…
-
What the release of Trump’s memecoin signals for crypto regulations
President-elect Trump has launched a memecoin, aptly named Official Trump (TRUMP), on Jan. 17 — drawing both praise and criticism from attorneys, with some arguing that the token signals a positive regulatory shift in the United States and others warning of a Constitutional violation. In a written statement, Consensys attorney Bill Hughes characterized the incoming…
-
Crypto ‘godfather’ and LA cop plead guilty to tax, civil rights violations
A cryptocurrency businessman and a Los Angeles County Sheriff’s Department (LASD) deputy have admitted to federal crimes, including conspiracy, civil rights violations, and tax evasion. The Department of Justice announced the plea agreements on Jan. 17, stating that Adam Iza, 24, who dubbed himself the “crypto godfather,” founder of the Zort crypto trading platform, orchestrated…
-
2025 will be the year of crypto consolidation — co-founder of EARN’M
2025 will be a year of crypto projects and tokens merging to maximize product-market fit, according to Dan Novaes, co-founder of EARN’M — a loyalty platform that rewards users for screen time on their mobile devices. In an interview with Cointelegraph, the executive said the crypto space is extremely overcrowded and plagued by over-tokenization, disproportionately…
-
US Bitcoin reserve odds skyrocket on betting markets
The odds of US President-elect Donald Trump establishing a strategic Bitcoin (BTC) reserve after taking office on Jan. 20 are soaring, at least on betting markets Kalshi and Polymarket. Bettors on Kalshi, a US derivatives exchange, set the probability of Trump creating a US BTC reserve in 2026 at nearly 70%. Users on Polymarket, a…
-
XRP price bearish divergence spotted, hinting at a drop to $2.28
January’s XRP (XRP) price rally risks hitting a point of exhaustion due to an emerging bearish reversal signal. XRP price chart hints at 25% correction XRP has surged nearly 50% in January, briefly topping $3.39 on Jan. 18, its highest level in nearly seven years. However, the explosive rally may face headwinds, with technical indicators…
-
Gensler’s imminent exit triggers wave of crypto ETF submissions
A rush of cryptocurrency exchange-traded fund (ETF) filings hit the Securities and Exchange Commission (SEC) just days before Gary Gensler stepped down as Chair on Jan. 20. On Jan. 17, at least four proposals were submitted as the crypto industry anticipates regulatory shifts under the incoming Trump administration, which is expected to adopt a more…
-
Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish
Ether (ETH) futures open interest has surged to 9 million ETH as of Jan. 17, its highest level ever. The milestone follows a 10% increase in open interest over two weeks, reflecting a rising appetite for leveraged positions despite Ether’s retest of the $3,000 support on Jan. 13. Traders now question if this movement signals…
-
Coinbase CEO calls on countries to establish Bitcoin reserves
Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were ”the next chapter capitalism,” offering suggestions for policymakers to integrate digital assets into their economies in 2025. The Coinbase CEO’s ideas included crypto-friendly…
-
XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry. Bolstered by the prospect of more industry-friendly regulations, the XRP (XRP) token rose to its highest level since 2018, unfazed by the latest legal appeal of the US Securities…
-
Dogecoin to $1? Traders say a 140% DOGE rally could happen before February
Dogecoin’s (DOGE) price is up 10% on Jan. 17, forming a higher value of $0.42 on the one-day chart. A candle close above $0.40 will signal a strong trend reversal for the memecoin, which has consolidated between $0.45 and $0.30 since Nov. 11. Dogecoin 1-day chart. Source: Cointelegraph/TradingView With the crypto market picking up steam…
-
Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoption
Bitcoin-based decentralized finance applications saw a breakout year in 2024 after the April halving, with the industry’s value experiencing a 22-fold increase driven by infrastructure development and soaring Bitcoin prices. Bitcoin-based decentralized finance (DeFi), also known as BTCFi, is a new technological paradigm that aims to bring DeFi capabilities to the world’s first blockchain network.…
-
Trader says ETH bears are making a ‘mistake’ despite ETH/BTC 6-week slide
Ether — the second-largest cryptocurrency by market capitalization — has fallen 18% against Bitcoin over the last six weeks, but traders warn against writing off the asset known as ”the world computer.” “Being bearish on Ethereum now is a mistake,” crypto trader Merlijin The Trader told his 378,200 X followers in a Jan. 16 X…
-
XRP price to $10–$50 ‘plausible’ if spot ETF approved, ChatGPT says
XRP (XRP) price hit a new all-time high of $3.38 on Jan. 16, outperforming most other cryptocurrencies over the past few days. XRP’s amazing rally has left market participants wondering how high its price can go in 2025, particularly if a spot XRP exchange-traded fund (ETF) is approved. XRP/USD weekly chart. Source: Cointelegraph/TradingView AI sees…
-
Measly $150K target for Bitcoin this cycle is ‘silly low,’ says trader
A crypto trader says Bitcoin will likely blow past the $150,000 price target that some have tipped for in the current cycle — calling it “silly low” given its likelihood of being adopted by many more nations, funds, and corporations in the coming years. “There is absolutely no reason for us to stop or cap…