Author: Karly Marie
The cryptocurrency market is in turmoil as Bitcoin tumbles below $80,000, triggering a massive $1 trillion wipeout in just a month. The plunge follows growing concerns over Trump’s economic policies, rising inflation risks, and uncertainty over Federal Reserve rate cuts. Investors initially pinned hopes on Trump’s return to the White House to spark a crypto rally. However, the absence of clear crypto-friendly policies, combined with macroeconomic worries, has fueled panic selling. Larry Fink’s Warning: Inflation Could Surge Under Trump’s Trade Policies BlackRock CEO Larry Fink has issued a stark warning, suggesting that Trump’s trade policies could drive inflation higher, making…
Bitcoin’s price rollercoaster continued this week as speculation over the Trump administration’s stance on cryptocurrency drove extreme market fluctuations. The leading digital asset surged to an all-time high of $109,000 early Monday, just hours before Trump’s inauguration, only to nosedive 9% to $100,000 after the administration failed to deliver immediate crypto-related policy announcements. A post-inauguration document outlining the president’s priorities made no mention of digital assets, leaving investors disappointed. Expectations of a crypto-focused executive order—among the 26 Trump signed immediately after taking office—also went unmet, compounding market uncertainty. “There was probably some hope that crypto-related executive orders would be part…
Bitcoin investors experienced a rollercoaster ride this week as the world’s leading cryptocurrency soared to a record high before experiencing a sharp decline. The volatility was fueled by speculation over how Donald Trump’s new administration would handle digital assets. On Monday, hours before Trump’s inauguration, Bitcoin surged to an all-time high of $109,000 as traders bet on potential pro-crypto policies. However, that optimism quickly faded when the administration failed to announce any significant regulatory changes on its first full day in office. By the end of the day, Bitcoin had tumbled 9% to settle at $100,000. Market Reacts to Trump’s…
Just hours before returning to the White House, Melania Trump has made an unexpected move—launching her own cryptocurrency, $MELANIA. Announced on January 19, a day before Donald Trump’s inauguration, the coin is positioned as a digital collectible designed to support and celebrate Melania’s public image. While Donald Trump himself introduced a separate meme coin, $TRUMP, over the weekend, Melania’s token has quickly drawn attention from both crypto enthusiasts and political observers. What Is the Melania Trump Meme Coin? Melania announced the launch of $MELANIA on the social media platform X (formerly Twitter), stating: “The Official Melania Meme is live! You…
Bitcoin’s price tumbled below the $90,000 mark on Tuesday, reaching its lowest level since mid-November. This sharp decline comes amid a widespread crypto market downturn, exacerbated by the largest cryptocurrency theft in history and several high-profile controversies surrounding meme coins. Early Tuesday morning, Bitcoin was trading at $88,780, marking a 7.5% decline over the past 24 hours. The world’s most valuable cryptocurrency has now lost more than 19% since reaching an all-time high of $109,114 on January 20—coinciding with Donald Trump’s inauguration. Ethereum, the second-largest cryptocurrency by market cap, suffered an even greater hit, plunging over 11% to $2,390. Other…
Solana’s native token, SOL, suffered a sharp decline on Monday, plunging 8% to $124 as the broader crypto market faced selling pressure. This marks the first time since May 2022 that SOL has traded below its realized price of $134—a key metric reflecting the average cost basis of all last-moved tokens. According to data from Glassnode, this downturn signals that the average SOL investor is now at a loss, a bearish indicator that could trigger panic selling and increased market volatility. Solana’s Inflation Debate Sparks Market Uncertainty The price dip coincides with an ongoing debate among Solana’s validators over a…
BNB Chain, the blockchain linked to Binance, has achieved a historic milestone by overtaking Solana in daily fees for the first time since October 2024. On February 13, BNB Chain generated over $5.8 million in fees, surpassing Solana’s $3.3 million and significantly outpacing Ethereum. This marks the first instance since Bitcoin’s standout performance on Halloween 2024 that a blockchain other than Ethereum or Solana has led the industry in daily fees, according to data from Nansen. PancakeSwap Leads the Charge in DEX Volume A major contributor to BNB Chain’s explosive fee growth has been PancakeSwap, a decentralized exchange (DEX) operating…
The cryptocurrency market experienced a sudden surge in trading activity after U.S. President Donald Trump proposed integrating digital assets into the country’s strategic reserves. In the hours following the announcement, billions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and XRP were transferred to exchanges, a move typically associated with an intent to sell. Whales Move Massive Crypto Holdings to Exchanges According to on-chain analytics firm CryptoQuant, large crypto holders—commonly referred to as whales—initiated substantial fund transfers, triggering price fluctuations across major digital assets. Market Reaction: Spot Demand Decline Raises Concerns While Trump’s endorsement of crypto as a reserve asset…
Coinbase has received approval from India’s Financial Intelligence Unit (FIU), paving the way for its return to the Indian crypto market with plans for retail trading and further investment.
Argentine prosecutors push to freeze $100M linked to LIBRA token after President Milei’s alleged involvement in a pump-and-dump scheme.