The Ethereum Foundation created a multisig wallet to transfer 50,000 ETH to increase DeFi participation. The organization plans to back the wallet with around $150 million worth of ETH, but noted that the setup could take several days. Hsiao-Wei Wang, who was recently appointed to a leadership role at the foundation, said in a statement: … Read more
Gold Maxi Created $300M Meme Coin By Accident Ron made a YouTube video in an attempt to prove that cryptocurrency is worthless, after seeing Fartcoin shoot over a $1 billion market cap. Once the video was published, crypto degens caught wind of the story and sent Unicorn Fart Dust (UFD) to over $260 million—now $300 … Read more
A new study has found that 14% of Americans have acquired Donald Trump’s memecoin, $TRUMP, since its launch on Jan. 17. Americans Prefer Memecoins With Extensive Media Coverage One in seven Americans, or 14% of the population, have acquired Donald Trump’s memecoin, $TRUMP, since its launch on Jan. 18, according to a study. Although its … Read more
The expanding ranks of pro-Bitcoin presidents are boosting global optimism for crypto mass adoption.
Cryptocurrency analysis company Alphractal warned in its statement that a local peak in Bitcoin may be imminent. According to the analytics firm, the local top for the BTC price could be around the $111,000 level. Alphractal argued that this level was found based on the CVDD, or Cumulative Value Days Destroyed, metric, which he described … Read more
World Liberty Financial (WLFI), a decentralized finance platform tied to Donald Trump and his family, conducted a massive cryptocurrency acquisition on Monday. Hours ahead of Trump’s presidential inauguration, blockchain data from Arkham Intelligence revealed that the platform’s official wallet executed purchases worth over $113 million. WLFI’s Crypto Buying Spree The transactions included $47 million allocated … Read more
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Some Coinbase users report Solana transfers taking hours to clear on the crypto exchange.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A new type of bitcoin ETF is set to go live this week. It’s one that aims to bring a particular kind of investor off the sidelines. The Calamos Bitcoin Structured Alt Protection ETF — January (CBOJ) is set to offer … Read more
President Donald Trump has designated Commissioner Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), heralding a pivotal shift in the leadership of the regulatory institution tasked with overseeing derivatives markets and digital assets. Caroline Pham Sworn in as CFTC Acting Chair Caroline Pham, a Republican commissioner appointed under former President … Read more