Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21

Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21

Key points: TL;DR Trump-Themed Memes Went Crazy The past several days have been more than eventful for the cryptocurrency industry, whose global market capitalization briefly surpassed $3.8 trillion on January 20 before plunging to its current $3.65 trillion (per CoinGecko’s data). Perhaps the most apparent reason for the enhanced volatility was the hype surrounding Donald…

Trump Family’s dual coin launch draws fire for conflicts of interest and cash grabs

The Trump family’s back-to-back meme coin launches — TRUMP and MELANIA — have triggered market chaos, social media backlash, and growing concerns about conflict of interest. Table of ContentsFrom TRUMP to MELANIAUnderstanding TRUMP and MELANIA tokensSocial media backlash: Are TRUMP and MELANIA tokens a crypto misstep?Trump 2.0: A conflict of interest in the making?What do…

“Mindless cockroaches”: Ethereum Foundation slammed for constant ETH dumps and awkward use case defense

The Ethereum Foundation’s getting roasted for dumping ETH nonstop, and things got worse after an employee’s awkward attempt to defend the move sparked a huge backlash. Ethereum’s off to a rough start in 2025 ( ETH ). The Ethereum Foundation keeps selling off ETH, and their defense of it isn’t sitting well with the community….

These US States Are Betting Big on Bitcoin: What it Means for Crypto Adoption in 2025

Several states are gearing up to integrate Bitcoin into their financial strategies. As of January 17, 2025, seven US states have proposed establishing strategic BTC reserves. These initiatives reflect the growing acceptance of Bitcoin as a legitimate asset and align with broader conversations about a federal BTC reserve following President-elect Donald Trump’s strong advocacy. Here’s a…

Trump launches cryptocurrency with price rocketing -BBC-
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Trump launches cryptocurrency with price rocketing -BBC-

US President-elect Donald Trump has launched his own cryptocurrency, which quickly soared in market capitalisation to several billion dollars. His release of the meme coin, $Trump, comes as he prepares to take office on Monday as 47th president of the US. The venture was co-ordinated by CIC Digital LLC – an affiliate of the Trump…

Indexes could become crypto’s next big thing | Opinion

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Earlier this week, the SEC postponed its decision on whether to approve Bitwise’s crypto index ETF until March 3. Bitwise, a leading asset manager for crypto-backed investment funds, seeks to have its…

BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18

Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest. ​Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.