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1Bitget Daily Digest (January 21) | Trump completes inauguration, $TRUMP and MELANIA plunge, Solana becomes the battleground for hot money activity2SEC Commissioner Hester Peirce to lead new crypto task force3Donald Trump says 'I don't know much about' the TRUMP memecoin
Ethereum’s Vitalik Buterin Gives 7 Possible Meme Coin Use Cases
BeInCrypto·2024/06/13 07:34
EtherMail (EMT): Decentralized E-mail System
0x76·2024/06/13 07:22
Bitget Research: The Fed Reduces Rate Cut Expectations for the Year, IO Coin Price Reaches New High Against the Trend
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
Bitget Research·2024/06/13 07:03
US Spot Bitcoin ETFs Return to Inflows Amid Massive BTC Price Volatility
Just over $100 million entered these financial vehicles on June 12.
Cryptopotato·2024/06/13 06:22
Curve Finance founder gets liquidated amid sharp drop in CRV token price
The price of Curve DAO fell nearly 25% in the past 24 hours. This puts Egorov’s loans on lending protocols — using Curve DAO token as collateral — at risk of being liquidated.
The Block·2024/06/13 06:10
AI and Crypto Synergy Could Boost Global GDP by $20 Trillion by 2030: Bitwise
BeInCrypto·2024/06/13 05:22
US spot bitcoin ETFs return to net inflows with $101 million pouring in
The U.S. spot bitcoin ETFs saw net inflows of $101 million on Wednesday.Fidelity’s FBTC led inflows with $51 million.
The Block·2024/06/13 05:07
Breaking Bitcoin (BTC) Price Nears $70,000 as US CPI Softens to 3.3%
BeInCrypto·2024/06/13 01:19
Bitcoin Faces Major Correction Amid Stock Market Highs and Federal Reserve Speculation
Coinedition·2024/06/13 01:13
Terraform Labs settles to pay SEC $4.5 billion in fraud case
Share link:In this post: Terraform Labs and its former CEO Do Kwon have agreed to pay $4,5 billion to SEC in a civil fraud case. The agreement bans Terraform and Kwon from buying or selling crypto assets. SEC also compels Kwon to pay $200 million to the Terraform bankruptcy estate.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultat
Cryptopolitan·2024/06/13 01:10
Flash
- 04:01Franklin Dumptun CEO: Trump will integrate traditional finance and cryptocurrency in a clearly regulated mannerPANews reported on January 22, according to Cointelegraph, Franklin Templeton CEO Jenny Johnson believes that the new Trump administration will begin promoting clearer regulation by integrating traditional finance and cryptocurrency. She stated in an interview with Bloomberg on January 21: "I think a characteristic of the Trump administration is that we will see them more integrated with traditional finance (TradeFi) and cryptocurrencies, which is what we need. We need some regulatory clarity to combine the two because fundamentally it will reduce costs and the innovation brought about by technology is huge. Blockchain technology can especially be used for future exchange-traded funds (ETFs) and mutual funds. I think it's very important to view blockchain as a technology. It's a programming language that performs exceptionally well in certain aspects. I do believe ETFs and mutual funds may eventually be built on blockchain because it's an extremely efficient technology."
- 03:52Trump: Biden left a "friendly" letter, will consider making its content publicTrump stated on the 21st that former President Biden left him a "friendly" letter in the White House's "Resolute Desk" (the President's desk), continuing the tradition of Inauguration Day. Trump told reporters that he opened this letter on the evening of the 20th and considered making it public. He said that Biden suggested he enjoy his term and emphasized the importance of this role. Trump said, "It was addressed to 'No. 47'. It was very good... Basically, it was an inspiring letter. Enjoy it, do well. This job is very important." Trump indicated that he felt he should let the public see this letter because it would be "positive" for Biden. In January 2021, Trump left a letter for his successor Biden. Biden stated that it was a "very generous" letter but never disclosed its content.
- 03:50Trump's comments on his namesake Meme coin trigger severe market fluctuationsAccording to a message from ChainCatcher reported by Decrypt, US President Trump expressed that he "doesn't know much" about his namesake Meme coin TRUMP, causing severe market fluctuations. In a meeting with tech executives, Trump said: "I heard it's very successful, but I haven't paid specific attention." After this statement was made, the TRUMP coin fell 16% from its 24-hour high of $48.18 to $40.29 but then rebounded to over $43.37. Currently, the market value of TRUMP is approximately $8.7 billion and has reached a fully diluted valuation of $43.6 billion. The token had previously experienced significant volatility due to First Lady Melania Trump launching competitive Meme coin MELANIA. On the day MELANIA was released, the price of TRUMP coin plummeted by 50%, while MELANIA surged by 12000%. In addition, according to Bubblemaps data, the supply of tokens for both TRUMP and MELANIA is concentrated in the hands of issuers. An anonymous trader turned an investment of one million dollars into profits exceeding $116 million through precise operations. Analysts warn that meme coins associated with Mr and Mrs Trump could exacerbate disagreements in Congress over cryptocurrencies and affect progress on crypto regulatory legislation.