Crypto News
XRP’s Massive Week: Nearly All-Time High Price, ETF Optimism, and SEC vs. Ripple
It was a wild week for XRP, as the Ripple-linked asset blasted above $3 amid Trump optimism and other developments.Source link
TRUMP Token Stuns Crypto World, Becomes 14th Largest by Market Cap in Record Time
Donald Trump’s meme-inspired cryptocurrency, the “Official Trump” (TRUMP) token, has soared to unprecedented heights, reaching an all-time peak of $73.43 per coin on Sun. This recently launched token has swiftly climbed the ranks to become the 14th-largest by market capitalization within the crypto sector. TRUMP Token Climbs the Crypto Ladder As of press time, TRUMPSource link
Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’
Vitalik Buterin, co-founder of Ethereum, has disclosed that the Ethereum Foundation is making large leadership changes in its structure. However, Buterin clarified that this does not mean the foundation would change its general ideology or risk losing its position as a neutral platform. Ethereum Foundation Making Changes, but Not Ideological Ones Ethereum seems to beSource link
Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto
David Sacks, the soon-to-be-appointed czar of crypto and artificial intelligence affairs, remarked on the positive changes the Trump administration will execute regarding crypto policy. At Trump’s crypto ball, where the president’s official meme coin was also launched, Sacks stated, “The reign of terror against crypto is over, and the beginning of innovation in America forSource link
Solana Hits $275 Lifetime Peak as Official Trump Memecoin Surges to $8B
Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight.Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his “official” memecoin.The choice of Solana as an issuance network bumped demand and sentiment for SOL tokens, as CoinDesk reported Saturday.SOL trading volumes have rocketed from Thursday’s $3 billion to over $26 billion in the past 24 hours, with Saturday’s moves bringing weekly gains to over 46%.That’s a nearly 3,000% surge since three-year lows of $9 in December 2022 following the implosion of crypto exchange FTX and prominent backer Sam Bankman-Fried,...