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Senator Warren cited ethical concerns, potential foreign influence, and personal enrichment through volatile assets tied to Trump’s presidency. The TRUMP meme coin, launched days before Trump’s inauguration, briefly surged to a market cap of $11 billion, making it the third-largest meme coin. Critics, including Warren and Representative Maxine Waters, argue that the coin launch represents…
Ethereum, Solana, and XRP were the biggest winners last week regarding cash inflows. The launch of TRUMP and MELANIA memecoins is expected to trigger the next crypto bullish leg in the near future. The cryptocurrency market has continued to attract fresh cash inflows, especially to the US-based digital assets investment products. The cryptocurrency industry has…
Chain denies involvement in XCN trading, emphasizing OnyxDAO’s management role while exploring legal action against Sun’s accusations. Despite controversy, XCN maintains momentum with 31.72% daily gain and $1.42B trading volume, signaling market confidence. Sun calls for SEC and DoJ investigation while TRX faces consolidation concerns despite his optimistic stance on network value. Tron Network founder…
World Liberty Financial’s WLFI governance token saw a dramatic increase in sales, reaching $254 million by Sunday. The project announced the completion of its mission by selling 20% of its total token supply, and has opened up an additional 5% for sale. Tron founder Justin Sun increased his investment in World Liberty Financial, bringing the…
CME confirmed the test page was posted in error, and no official decisions have been made regarding futures for either XRP or SOL. XRP’s price dropped over 2.5% amid a broader market selloff but maintained strong support above $3. Solana (SOL) experienced a 4.4% decline after a recent rally but continues to attract attention due…
Jump Trading has sued Liam Heeger, its Firedancer engineer. The market maker said Heeger violated his non-compete when he created Unto Labs. Liam Heeger has denied any violation as his project has no overlap with Jump. Jump Trading, a proprietary trading firm established in 1999, has sued Liam Heeger, the founder of Unto Labs. As…
Daily transactions on the Solana blockchain rose sharply, while its Total Value Locked (TVL) hit $12 billion, reflecting a 212% weekly increase. Rising spot Solana ETF filings, including the recent by REX Shares and Grayscale, have fueled SOL’s price rally. Analysts expect SOL to break resistance near $260 and enter price discovery. While the rest…
Strategic implementation includes controlled Bitcoin acquisition based on market conditions, with convertible notes at $6 per share and warrants at $7. Company aligns with broader governmental crypto initiatives while positioning itself as pioneer in mining sector’s treasury diversification. Trend reflects growing corporate Bitcoin adoption, following moves by nine major firms in December 2024 and MicroStrategy’s…
FSL launches GMT Pay, allowing users to earn through STEPN GO and spend digital earnings in the real world. Users can join the waitlist for early access ahead of the full launch. The GMT Giftcard, powered by Mastercard, supports online and in-store purchases, including Apple Pay and Google Pay. FSL, the company behind the STEPN…
LayerZero CEO Bryan Pellegrino confirmed a settlement with FTX after two years of spending millions on legal fees. LayerZero has bought out FTX, FTX Ventures, and Alameda from all the agreements with the firm. LayerZero has a massive $107 million in direct cash deposits and is cash-rich, stated Pellegrino. Bryan Pellegrino, the chief executive of…