Author: Yeek.io
1. Donald Trump’s InaugurationOn Monday, January 20, U.S. markets are closed in observance of Martin Luther King Jr. Day, but the inauguration of Donald Trump is more significant—at least for cryptocurrency investors.Proponents of cryptocurrency are feeling hopeful after Trump’s return to the White House. Trump pledged to lower regulatory hurdles and implement measures that would support cryptocurrencies during his campaign. If his administration follows through, it could foster positive sentiment toward Bitcoin and other digital assets.With markets closed for the holiday, though, any immediate impact on Bitcoin trading probably waits for Tuesday. While some investors remain optimistic, others sound a…
Meteora, a decentralized exchange (DEX) and liquidity hub for Solana, experienced a meteoric rise in total value locked (TVL). The metric rose over 300% in the past week to a record $1.9 billion, per DefiLlama. The TVL growth is attributed to Meteora’s flagship product, the DLMM (Dynamic Liquidity Market Maker) DEX platform to swap Solana-based tokens, whose total deposits soared from less than $210 million on January 15 to a record $1.64 billion as of this writing. The frenzy surrounding the new Trump and Melania meme coins has driven this liquidity surge. On Monday, January 20, Donald Trump is scheduled…
Donald Trump’s inauguration as the 47th US President, marking the beginning of his second presidential term, has sparked excitement in the crypto space. While Trump has announced plans for 100+ executive orders, the community expects a crypto revamp. According to expert predictions, potential policy changes under the new administration may include revisions to banks’ crypto trading practices, ending the controversial Operation Chokepoint 2.0.In a Reuters report, Circle CEO Jeremy Allaire stated that Trump would announce the much-awaited executive orders immediately after his inauguration. Allaire believes Trump’s new policies will make it easier for banks to offer crypto trading services, enabling…
Hyperliquid noted new all-time highs across three protocol metrics as on-chain users tapped the DEX to trade Trump meme coins. Decentralized exchange and layer-1 blockchain Hyperliquid recorded all-time highs in 24-hour volume, open interest, and daily protocol revenue amid Donald Trump-driven crypto market volatility. The platform achieved $21 billion in daily trading volume, surpassing all previous records. Hyperliquid’s open interest peaked on Jan. 20 at $4.7 billion, while 24-hour on-chain revenue reached $9.5 million. Generating nearly $10 million in daily fees, Hyperliquid ranked fourth among the top five highest revenue-generating protocols. Despite being a newer entrant, the platform was not…
Bitget, one of the leading cryptocurrency exchanges and Web3-focused platforms, has announced its support for Jambo, a pioneering decentralized mobile network, in its efforts to raise $5 million. This fundraising initiative is part of Jambo’s broader mission to revolutionize the mobile space by leveraging blockchain technology and Web3 principles. Jambo, a project designed to connect the gap between mobile technology and DeFi by enabling an ecosystem where Web3 capabilities are deeply integrated into everyday mobile usage, has been recognized as the world’s largest on-chain mobile network. Jambo has raised funding that would allow it to speed up growth and further…
Top US-based crypto exchange platform Coinbase has added President Donald Trump’s official memecoin to its listing roadmap. In a post on the social media platform X, Coinbase announces the addition of Official Trump (TRUMP) – which launched late last week – to its roadmap. Being added to Coinbase’s listing roadmap means that the crypto exchange is considering supporting the asset in the future. Coinbase uses the listing roadmap to prevent insider trading and the front-running of tokens prior to them being listed. TRUMP is trading around $58.45 after a parabolic run-up since launch. According to data from CoinGecko, TRUMP’s fully…
The day Bitcoiners have been waiting for is finally here. Donald Trump, the first-ever pro-Bitcoin president of the United States, is officially being inaugurated today, January 20, 2025. After a historic campaign in which he famously turned his stance around and championed Bitcoin and crypto throughout 2024, Bitcoiners are eagerly watching to see his promises come to life.Trump’s campaign was filled with bold commitments to the Bitcoin and crypto industry: national bitcoin reserves, freeing Ross Ulbricht, making the United States the crypto capital of the world, and more. Today marks the beginning of his presidency, and these promises are expected…
Este artículo también está disponible en español. Bitcoin’s recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period. This intense volatility has allowed Bitcoin to achieve a daily close above a key confluent resistance level that had capped its price action for the past month. Despite this progress, Bitcoin continues to test the $106,000 upper boundary, and a decisive rejection at this level could trigger a…
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. While Bitcoin (BTC) and other altcoins are hitting new all-time highs, Ethereum’s been stuck in the mud. ETH started 2024 at $2,350, shot up to $4,000 by December, and then tanked again. It’s still miles away from its 2021 high of $4,878, and plenty of investors aren’t…
Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance. The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release. The BNB Incubation Alliance aims to connect venture capital firms, developer communities, and incubators to accelerate the development of blockchain projects. It focuses on early-stage startups and provides resources such as financial backing, professional coaching, and technical guidance. This investment from Gate Ventures is expected to enhance the alliance’s ability to…