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Major News Headlines for Today
1. Cryptocurrency Losses $250 Billion In Absence of Comment in Trump's Inaugural Speech The total market capitalization of cryptocurrency decreased by $250 billion when President Trump did not leave a special comment on cryptocurrency in his inaugural speech on Jan. 20(local time), contrary to market expectations. President Trump did not mention an executive order on cryptocurrency in his inaugural speech, contrary to media reports, and the price of Bitcoin(BTC), which had recorded $107,000, fell below $102,000. About $100 million was liquidated in Bit
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Bitcoin Breaks ATH Ahead of Trump's Inauguration...'Trump Rally'
Bitcoin(BTC) hit $108,780 during the day ahead of Trump's inauguration as the 47th U.S. president on Jan. 20, setting a new high. Melania Token(MELANIA), a meme coin of Trump's wife and the next first lady Melania, appeared on Jan. 20, continuing the hot topic with Trump Token (TRUMP), which began on Jan. 18. Melania tokens have soared more than 24000% in the past 24 hours, reaching about $13. Melania tokens are meme coins that capitalize on Trump's reputation instead of clear utility. "Token is only used for collection and entert
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Major News Headlines for Today
1. Following 'Trump Memecoin', 'Melania Memecoin' Released Trump's wife and the next first lady Melania launched Melania token(MELANIA) on Jan. 20, after Donald Trump launched the 'memecoin' Trump token(TRUMP) under his name on Jan. 18. Melania Trump announced the official launch of the Melania token on her X account on Jan. 20, and Donald Trump also shared the post through his X account. The price of the Trump token, which had a market capitalization of $15 billion at the launch of the Melania token, fell by about 38% i
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Trump Issues Official Memecoin...Reached at Cryptocurrency Market Cap 33th
President-elect Trump is creating a big storm in the cryptocurrency market by issuing a memecoin Trump(TRUMP) under his name. On Jan. 18, Trump announced that he had issued a memecoin Trump under his name on his SNS account to commemorate his victory. Suspicions spread in some communities that the Trump token's posting was due to hacking. However, a number of foreign media outlets reported from sources that Trump issued the Trump token as part of Trump's NFT project. With its explosive popularity less than a day after its publication, the memec
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Bitcoin Rises on Trump Cryptocurrency Policy Expectations
The price of Bitcoin(BTC) rose in anticipation of the Trump administration's cryptocurrency policy. Bitcoin continued to strengthen, maintaining its price above $100,000 as of Jan. 17. On Jan. 17, there were a lot of favorable factors that Trump would actively participate in the cryptocurrency market. The New York Post reported that Trump recently met with the founders of XRP, SOL and USDC to discuss strategically stockpiling U.S.-made cryptocurrencies. Bloomberg said the Trump administration is preparing an executive order to make cr
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Major News Headlines for Today
1. Trump "Establishing Strategic Reserve Prioritizing U.S.-Issued Crypto" It has been revealed that Trump has responded positively to the U.S. government's plan to stockpile cryptocurrency issued in the U.S. as a strategic asset. The New York Post reported on Jan. 16 that Trump is considering stockpiling cryptocurrency issued in the U.S., including XRP, SOL, and USDC, as strategic assets based on testimony from anonymous sources. According to reports, Trump has met with the founders of cryptocurrencies such as SOL and
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Bitcoin Breaks $100K On Expectations Of U.S. Interest Rate Cut...Trump Rally Started?
Bitcoin (BTC) surpassed $100,000 on Jan. 16 in anticipation of a rate cut in the U.S. The U.S. Consumer Price Index(CPI) for December, which was announced on Jan. 15, rose 0.39% month-on-month, slightly higher than Wall Street's estimate of 0.38%. In particular, core CPI, excluding food and energy, rose 0.2% month-on-month and 3.2% year-on-year, falling short of market expectations. As the U.S. CPI, which plays a key role in the U.S. Federal Reserve's interest rate decision, stabilized, 'risk assets' rebounded all at once. A
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Major News Headlines for Today
1. Bitcoin Rebound On U.S. CPI Expectations...Up 3% The U.S. Consumer Price Index(CPI) rose 0.4% month-on-month in December, which was announced on Jan. 15, and the Bitcoin(BTC) and cryptocurrency markets rebounded in line with market expectations. In particular, the core CPI, excluding food and energy, rose 0.2% month-on-month, falling below market expectations, and the U.S. stock market and cryptocurrency, which are 'risk assets', rose together. Bitcoin temporarily exceeded $100,000 at 5:15 a.m., but has since begun adjusting, f
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Bitcoin Rebound On U.S. Price Stabilization...XRP, Surprise Surge
Bitcoin(BTC) rebounded from the announcement of economic indicators indicating price stability in the U.S. The U.S. producer price index(PPI) rose 0.2% month-on-month in December, falling short of market expectations. As news spread that U.S. prices are showing a stable trend, Bitcoin rebounded to $97,000. In the case of altcoins, XRP rebounded again, leading the market atmosphere. XRP recently soared from the morning of Jan. 15 after the news that the number of whale wallets with 10 million units for 1 million XRP reached an all-time hig
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Major News Headlines for Today
1. XRP Soars 8%...Whale Accumulation Record High The price of XRP reached a record high of $2.68 on Jan. 15 amid sharp buying. On-chain analysis platform Santiment announced that the number of whale wallets with 1 to 10 million XRPs reached an all-time high of 2,054 this week. 2. Next U.S. Treasury Secretary to Invest $500K In Spot ETF Of BlackRock Bitcoin Scott Bessent, who was appointed the Trump administration's next Treasury secretary, revealed that he invested about $250,000 to $500,000 in BlackRock's Bitcoi
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Bitcoin Remains Flat After Huge Price Volatility
Bitcoin(BTC) maintained the $94,000 level on Jan. 14, coupled with the U.S. Federal Reserve's prediction of a rate freeze and expectations for the Trump administration's inauguration. Bitcoin fell to $89,000 on a massive liquidation in the futures market on the afternoon of Jan. 13. According to data from the on-chain analysis platform CoinGlass on Jan. 14, liquidation in the futures market on the morning of Jan. 14 is about $74.58 million. However, Bitcoin rebounded after the Washington Post reported the possibility of the Trump administration lifti
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Major News Headlines for Today
1. Bitcoin Was on 'Roller Coaster' Combined With Large-Scale Liquidation, Trump Executive Order Coverage The price of Bitcoin(BTC) rebounded to $94,000 on the morning of Jan. 14, with reports that Trump would leave an executive order to support cryptocurrency after falling to less than $90,000 for large-scale liquidation. Bitcoin fell to $89,164, the lowest price of the year, with about $74.58 million in liquidation in the futures market due to the fall that began with a sharp sell-off on the morning of Jan. 14. Since then, Bitcoin has risen foll