CryptoCurrency
Fake TRUMP and MELANIA tokens record $4.8M inflows in 24 hours
Copycat tokens claiming to be the official TRUMP and MELANIA coins recorded $4.8 million in purchases in 24 hours from 12,641 wallets.
CryptoCurrency
SEC launches crypto task force led by Hester Peirce
The US financial watchdog announced on Jan. 21 a task force aimed at developing a regulatory framework for digital assets.
CryptoCurrency
Robinhood launches crypto services in Spain
Robinhood Crypto has expanded its services to Spain, enabling users to trade, stake, and invest in cryptocurrencies directly on the platform.
This expansion is part of Robinhood’s ongoing strategy to grow its presence across the European Union, following the introduction of the EU’s Markets in Crypto-Assets regulations, which establish clear rules for the digital asset industry.
Robinhood began its European expansion in late 2023, gradually introducing features to users across the region.
Robinhood has introduced localized app versions in countries such as Italy, Poland, and Lithuania, incorporating features tailored to regional needs.
In October 2024, Robinhood introduced crypto transfer capabilities in Europe, allowing users to deposit and withdraw over two dozen tokens. This service was described by the company as one of the most requested features in the region.
To encourage adoption, Robinhood also offered a limited-time 1% reward on crypto deposits.
CryptoCurrency
Mark Cuban Says Trump’s Meme Coin Move Undermines Crypto’s Credibility
Renowned U.S. entrepreneur Mark Cuban has voiced his frustration over President Donald Trump’s launch of the Official Trump meme coin on the weekend before his inauguration.
The Dallas Mavericks owner called the move a setback for crypto’s legitimacy, suggesting it undermines ownership and promotes speculation.
Cuban Slams Trump’s Meme Coin Move
The billionaire, a mainstay of the popular reality show “Shark Tank,” took to X on January 20 to express his disapproval of the President’s meme coin rollout, labeling it as “self-serving” and “the biggest bunch of nonsense” he had ever encountered in crypto.
Cuban argued that initiatives like Trump’s were harmful to the industry’s reputation as they prioritized risk-taking over value creation.
“This is the biggest bunch of self serving Bullsh*t I have ever heard. In your world there is no ownership. Just speculation,” he said.
Furthermore, the businessman hinted that the launch could open doors for scammers targeting crypto newbies, adding that the incoming head of the U.S. Securities and Exchange Commission (SEC) would not be pleased with the development.
In his tirade, Cuban also questioned the value proposition of meme coins like TRUMP, asking, “What is the utility for the buyer?” He went further to label such ventures as gambling in disguise, warning that they could damage efforts to validate cryptocurrencies. “Goodbye whatever hope the crypto industry had of legitimizing itself,” the 66-year-old asserted.
He is not alone in his criticism. Yesterday, former Coinbase CTO Balaji Srinivasan decried the speculative nature of meme coins, describing them as a “zero-sum lottery” that often results in a price collapse.
Ever since its introduction last Friday, the TRUMP token has experienced a rollercoaster ride, going from a low of $6.24 to a high of $75.35 to achieve a market cap of more than $15 billion. Currently, it is trading around the $38 level after losing more than half its value following the launch of the First Lady’s own meme coin, MELANIA.
However, with a market cap north of $7 billion, TRUMP is the 28th largest cryptocurrency in the market and #3 among meme coins.
Meme Coin for the Treasury
Interestingly, despite his earlier critique, Cuban floated the idea of creating a meme coin of his own, modeled on Trump’s but under different terms.
The TRUMP token was launched with 80% of its supply withheld by a company linked to the new occupant of the Oval Office. They are set to be unlocked over the next three years, with any revenue derived from trading fees going into the company’s coffers.
However, Cuban’s proposal would see all revenue from the sale of his meme coin go to the U.S. Treasury to help offset the national debt. In this way, he argued, he could turn the speculative nature of such assets into a mechanism for public good. Further, he stated that the wallet address would be public, allowing everyone to track the funds.
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CryptoCurrency
Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs
Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash.
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Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870.
What’s Up, Ethereum Foundation?
The Ethereum Foundation, the primary organization supporting the development of the blockchain, is not helping the cause. Regardless of its intention or the overriding objectives for unloading massive ETH tranches, these moves still leave a bad taste in the mouths of most holders and supporters.
According to a recent post by Spot On Chain on Twitter/X, the foundation has recently moved another 100 ETH in exchange for 336,475 DAI. According to the account, the foundation sold 200 ETH tokens for $67k in the first few days of 2025 at an average cost of $3,361. The account added that ETH is 31% below its 2021 high of $4,878, while Bitcoin continues to retest its highs and currently breached the $109k level.
[ATTENTION] The Ethereum Foundation just sold another 100 $ETH for 336,475 $DAI!
In total, they have sold 200 $ETH ($672K) in 2025 at an average price of $3,361 over the past 12 days.$ETH remains 31% below its 2021 ATH of $4,878, while $BTC has hit a new ATH of $109K today!… https://t.co/9CWWVsrfhj pic.twitter.com/ZOr504i1HG
— Spot On Chain (@spotonchain) January 20, 2025
Ether Supporter’s Comments Draw Negative Feedback
The foundation’s latest transaction, the sale of 100 tokens, came after Josh Stark’s comments came to light. Stark, a popular ETH supporter, defended the foundation’s decision to sell these ETH tokens, arguing that they’re still actively using the blockchain’s native token.
the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets.
— Josh Stark (@0xstark) January 20, 2025
In a Twitter/X posting, Stark explained that the foundation uses its tokens every time. These tokens buy stablecoins, pay their people in stablecoins, and support the blockchain’s events.
Stark’s comments didn’t sit well with some crypto observers and commentators. Twitter/X user WazzCrypto hit Stark for using ETH “dump” as an explanation to support the foundation’s transactions. User @VelvetMilkman was disappointed with Stark, arguing that it’s a lame excuse for using the altcoins.
Meanwhile, X user Trading_Axe has a more scathing, and no holds barred take on the issue:
Their brains actually do not work at all.
The fuck you need 300K for so urgently?
What could you POSSIBLY, as the ETHEREUM FOUNDATION, when the entire world is watching, need 300K OF A PUBLIC SELL ORDER for?
Mindless cockroaches.
Retar Dio.
— ً (@trading_axe) January 20, 2025
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Buterin Sets The Record Straight For ETH
Many critics say Ethereum is losing ground against other blockchains, particularly Solana. As such, many recommend that Ethereum stake its tokens instead of selling them to generate yields. The increasing number of comments and criticisms against the foundation has caught the attention of Vitalik Buterin, Ethereum’s co-founder.
Buterin said the team has also explored many options, including staking their tokens. However, regulatory issues and potential problems with the hard fork prevented them from doing so. Although there’s a friendly regulatory environment right now, the risks associated with staking remain high.
Featured image from ETF Stream, chart from TradingView
CryptoCurrency
Silk Road Founder Ross Ulbricht Pardoned by Donald Trump
President Trump has followed through on one of his key campaign promises — at least for those in the crypto community — pardoning the sentence of Silk Road founder Ross Ulbricht.
“I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross,” Trump wrote on a Truth Social post.
The move assures an imminent release for Ulbricht, who in 2015 was convicted of engaging in a continuing criminal enterprise and distributing narcotics, along with a host of related crimes, via his operation of the darknet Silk Road marketplace. He was sentenced to life in prison without possibility of parole.
Ulbricht’s case has become a cause célèbre for many in the crypto community who note he did not himself sell drugs or other illegal items, but instead operated a platform where others were allowed to transact.
Then candidate Trump promised a “Day One” commutation of Ulbricht’s sentence last May, while addressing the Libertarian Party convention
The price of bitcoin (BTC) rose in the minutes following the news, possibly as the pardon, along with a flurry of executive orders over the past hours, signals the president’s intention to follow through on campaign promises.
Another one of those promises was a far friendlier crypto regulatory stance, including the possibility of the creation of a strategic bitcoin reserve.
CryptoCurrency
Meme Coin Mania! Which Will Strike Gold in 2025? Pepe, Shiba Inu, Trump Coin or Remittix
Meme Coin Mania has people asking which token might dominate by 2025: Pepe, Shiba Inu, Trump Coin or Remittix (RTX). Remittix’s presale has already brought over $4 million and is tipped to surge 100x in 2024. Read on to find out why. If you want to get in early, head over to Remittix now. This excitement has sparked Pepe token surge rumors, Shiba Inu ecosystem expansion talk and Trump Coin updates, all while fueling Remittix presale buzz among eager investors.
Pepe grew from a simple meme into something bigger, with fans claiming PEPE could make a major comeback if social media chatter takes off again. Shiba Inu started as a playful idea but soon added features that turned SHIBA into a DeFi option. In contrast, Trump Coin leans on political angles that could keep it in the spotlight if the headlines stay hot. Meanwhile, Remittixoffers real-world benefits by letting users easily convert crypto into fiat.
Meme Coins at a Crossroads
Despite their meme roots, Pepe, Shiba Inu and Trump Coin each found unique ways to grow. Pepe captures people’s attention with pure internet culture, while Shiba Inu digs deeper into utility, aiming for Shiba Inu ecosystem expansion to keep SHIBA relevant. Trump Coin stands out for stirring debates linked to public figures, prompting Trump Coin updates whenever political tides shift. But as memes evolve, many are also watching Remittix pre-sale buzz. Some feel Remittix (RTX) can bring stability to a market that often relies on hype since Remittix aims to serve the trillion dollar remittance industry. If you’re intrigued, check Remittix to see how it might rival these meme titans.
Pepe vs. Shiba Inu Battle of the Viral Coins
Pepe was once the face of online humor, but many wonder if PEPE can recapture that massive hype. Some say a Pepe token surge could happen if viral trends resurface. Shiba Inu, on the other hand, built a more robust community, pushing SHIBA beyond its meme coin label by introducing staking and new dApps. This Shiba Inu ecosystem expansion keeps fans excited, hoping SHIBA can take on bigger DeFi players. Both Pepe and Shiba Inu rely on strong social support, but only time will tell which coin will come out on top.
Trump Coin or Remittix Which Path Leads to 2025 Gold?
Trump Coin finds an audience interested in blending politics and crypto. Frequent Trump Coin updates draw in those who see it as a statement piece. Yet critics question if it can sustain momentum without constant media attention. Meanwhile, the Remittix presale buzz suggests something more solid. Remittix (RTX) users could convert digital assets into traditional money with fewer hurdles. Remittix focuses on real utility which might appeal to a wide user base beyond meme fans. Investors who believe in practical solutions often lean toward Remittix(RTX) for potential long term gains. If you want to join them, visit Remittix today.
Who Will Win Meme Coin Mania?
All four coins Pepe, Shiba Inu, Trump Coin and Remittix (RTX) come with different styles. Pepe and Shiba Inu rely on community and viral waves, while Trump Coin hinges on political buzz. Remittix, however, aims to serve a global need for cheaper, faster remittances. As 2025 approaches, any of these tokens might break out. Remittix (RTX) could soar if mainstream users adopt its cross-border transfer system. Meanwhile, a Pepe token surge or Shiba Inu ecosystemexpansion might renew excitement. Even Trump Coin updates could shake the market if fresh headlines appear.
Ready to see if Remittix really can overshadow LINK and HBAR?
● Check out its presale here.
● Follow their updates on social media.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
CryptoCurrency
Trading Bitcoin can be tricky — Here’s 3 key macroeconomic indicators worth following
Knowing when to buy and when to sell Bitcoin can be nerve-racking for investors, but a BTC macro cheat sheet from Cane Island Digital could ease the process.
CryptoCurrency
5 cryptos for 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Analyzing 5 cryptos for 2025, led by new contender Rexas Finance.
2025 is giving bullish sentiment with Donald Trump as the new U.S. president. Investors are looking to position themselves in order to capitalize on this bullish trend, and top analysts have identified some of the coins with the potential to drive riches.
Rexas Finance, Nodle, Bifrost, Shiden Network, and KILT Protocol have stood out. Of the five, Rexas Finance is making waves with its transformative approach to real-world asset (RWA) tokenization and its selling out presale.
Rexas Finance
Rexas Finance has caught the eye of both investors and analysts due to its focus on RWA tokenization. This is a new way of tokenizing physical and digital assets, offering fractional ownership and greater liquidity.
RXS is in Stage 11 of its presale, which is currently priced at $0.175, having already raised $36,381,133 out of its $41 million funding target. The presale has been on a lot of people’s radar, with 399 million tokens already bought out of a total of 425 million.
Rexas Finance is listed on CoinMarketCap and CoinGecko, further boosting confidence. The project also has a Certik audit, showing that it takes its security and transparency seriously. As the presale continues, RXS could soar to incredible price heights in 2025.
Nodle
Another cryptocurrency that is picking up speed is Nodle, which is worth about $0.00247. Nodle has gotten investors looking for potential growth, witnessing a price increase of almost 8% in the past 24 hours.
Analysts believe that Nodle could offer an ROI of about 320%. Therefore, as a decentralized wireless network, it is well-placed to take advantage of the steadily increasing demand.
Bifrost
Built on Bifrost’s proprietary technology, which aims to bridge different blockchain ecosystems, the token is currently trading at $0.2162, with minor growth of 1.62% over the past week.
It is anticipated that it will scale to the all-time high (ATH) of $0.81, around 300% growth. As more projects try to operate across blockchains, Bifrost could be at the center of making these connections possible.
Shiden Network
Shiden Network also hits the headlines, trading at around $0.1425, up 3.03% in the 24 hours. Analysts believe that Shiden will gain 350% and reach $0.47.
Shiden Network is a multi-chain decentralized application platform that seeks to improve scalability and usability for developers and users.
KILT Protocol
KILT Protocol currently trades at $0.1417. The KILT token has also been the subject of bullish analysis, with a price target of $0.51 or about 400% ROI.
With privacy and security of digital interactions remaining an issue, KILT’s decentralized identity solutions come at the right time.
Conclusion
2025 presents a unique opportunity, with analysts listing coins with the potential for significant gains. Among the five, Rexas Finance stands out as a beacon with a potential ROI of o 12,740%.
For more information on Rexas Finance, visit their website, X, or Telegram.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
CryptoCurrency
Trump-Backed Crypto Venture To Extend Token Sales
The Financial Times reported on Monday that World Liberty Financial (WLF), the digital asset venture associated with President Donald Trump, has successfully raised $1 billion through its token sales.
Initially launched in October with a goal of selling only 20 billion WLF tokens, the decentralized finance’s (DeFi) venture token surpassed this target by selling 21 billion tokens, demonstrating robust demand despite a rocky start.
Eric Trump Champions World Liberty Financial At ‘High-Profile Event’
Per the report, this surge in interest comes as WLF announces the release of an additional 5 billion tokens from its total supply of 100 billion, citing “massive demand and overwhelming interest.”
The Trump family’s foray into the cryptocurrency space has been marked by a blend of enthusiasm and controversy. Over the weekend, both Donald Trump and his wife, Melania, launched their own memecoins, which experienced rapid spikes in value.
Related Reading
Eric Trump, actively promoting World Liberty Financial, also attended a “high-profile crypto event” in Washington, celebrating the intersection of politics and digital assets as his father prepares for a new administration.
Trump’s embrace of the crypto sector during his election campaign has resonated with industry executives, many of whom anticipate a more favorable regulatory environment compared to the policies of the outgoing Biden administration.
The appointment of crypto-friendly figures, such as Paul Atkins to lead the Securities and Exchange Commission (SEC) and David Sacks as the newly created artificial intelligence (AI) and Crypto Czar, further underscores this potential shift. However, the venture has not been without its critics.
Trump’s Memecoins Spark Controversy
Concerns arise over the limited rights associated with WLF tokens, which provide holders with only minimal voting rights and no economic entitlements. Furthermore, the tokens cannot be traded or sold back to WLF, leading to questions about their long-term value and utility.
Compounding the intrigue surrounding WLF, notable crypto entrepreneur and TRON blockchain founder Justin Sun recently revealed a significant investment of $45 million into the venture, raising his total stake to $75 million.
The market’s reaction has been volatile, exemplified by Bitcoin’s brief spike to a record high of over $109,000 on Monday, followed by a retraction toward $102,000 after Trump’s inauguration speech.
Analysts now speculate that upcoming executive orders from Trump could bolster the crypto industry’s fortunes in the US, although skepticism lingers among some industry veterans.
Nic Carter, a venture capitalist, articulated concerns about the “ethical implications” of a sitting president engaging in business ventures that could be perceived as “conflicts of interest.”
Related Reading
The launch of Trump’s memecoins has also stirred controversy, with the Donald Trump memecoin experiencing a sharp decline from a weekend high of $75 to $52.
Meanwhile, the Melania Trump memecoin, which disrupted the market dynamics of the Donald coin, saw its value fluctuate significantly from a high of $13.64 to $8.43.
Bernstein analysts have noted that this “chaotic crypto era” marks a critical juncture, suggesting that government engagement with cryptocurrencies may redefine the relationship between leadership and emerging technologies.
The analysts assert that the launch of Trump and Melania’s memecoins signifies a potential regulatory shift in the country, where digital assets could serve as a direct connection to a mass audience.
Featured image from DALL-E, chart from TradingView.com
CryptoCurrency
MicroStrategy Bitcoin (BTC) Holdings Rise to 461K
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).
Led by Executive Chairman Michael Saylor, MicroStrategy (MSTR) has again added to its massive bitcoin (BTC) stack.
In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This latest bitcoin average purchase price was $101,191, increasing MicroStrategy’s overall average purchase price to $63,610.
Once again, Michael Saylor teased the announcement on X on Sunday with the caption, “Things will be different tomorrow.” Since the tweet, Saylor has posted multiple photos of himself with Eric Trump, crypto czar David Sacks and Robert Kennedy Jr.
MSTR shares are down modestly in premarket action, with bitcoin trading at $104,500, lower by a hair from late Friday afternoon. U.S. stocks were closed on Monday due to the MLK holiday.
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