Crypto News

President Trump Sidesteps Crypto on Day One

No crypto-related orders were included in President Donald Trump’s flurry of first-day actions, as prices sank.Source link

Crypto Options Signal More Losses for Ether-Bitcoin Ratio After Trump Skips BTC Mention in Inaugural Speech

Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump's omission of any crypto mention in his inaugural speech on Monday.As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH calls across time frames, according to risk reversals tracked by Amberdata. Risk reversal measures the difference between implied volatility for calls relative to puts, with positive values signaling a bullish sentiment.BTC's risk reversals show short-term and near-term calls trading at a four to five volatility points premium to puts. Meanwhile, ETH calls trade at a relatively lesser volatility premium to puts.In other words, the ether-bitcoin ratio is seen extending the downtrend. The...

Former Coinbase CTO Balaji Srinivasan Rails Against Memecoins, Calls Them ‘Zero-Sum Lottery’

Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everythingSource link

Pierre Poilievre: The Bitcoiner Who Will Likely Become Canada’s Next Prime Minister

North America may be on the cusp of a crypto golden era if it ends up with two pro-crypto heads of state. This Year Could See Two North American Pro-Crypto Heads of State Long before U.S. President Donald Trump was launching memecoins, Conservative Party of Canada (CPC) leader Pierre Poilievre was buying shawarmas with bitcoinSource link

Trump Promised to Free Silk Road Creator Ross Ulbricht on ‘Day One’—So What Gives?

The President's pledge to commute Ulbricht's sentence was notably absent on the first day of Trump's second presidential term.Source link