CryptoCurrency
Ross Is Free, But This Is Far From Over
Ross is now free. I predict this will be the one good thing to come out of this administration in the grand scheme of things. The reasons behind this pardon were purely political, but regardless of that I am incredibly happy to see Ross reunited with his family and loved ones. Even taking all the accusations against him at prima facie, both those actually charged and those not, Ross has unquestionably served his time.
Actual murders and rapists serve a tiny fraction of the sentence that was levied against Ross, even after multiple offenses in some cases. His sentencing was entirely political, and in no way proportional to the charges brought against him. The severity was so high for one reason: to set an example.
He is not the only example governments have tried to make since 2013. The Samourai Wallet team are currently under house arrest awaiting trial for hosting the backend for a 100% self-custodial service. Roman Sterlingov is in jail for running a centralized mixer, with no evidence other than flawed blockchain heuristics. The Tornado Cash case has developers dealing with cases and jail time in multiple jurisdictions.
All of these go far beyond the pale of what happened to Ross, in terms of legal standing. Ross’s sentence was insanely disproportionate, but the legal basis itself for these other cases is non-existent. They charged them anyway. Some of them, they convicted them anyways. These people are sitting in jail, just like Ross, anyways.
The government is not going to stop making examples. It doesn’t matter that Trump enjoys the benefits of the unregulated monetary extraction possible in this space, it doesn’t matter that Wall Street and D.C. see value they can take advantage of, none of that matters.
These power brokers and figure heads realizing they can set up a grift, or skim money out of the economy being built here, doesn’t change anything. It doesn’t make them fans of privacy. It doesn’t make them fans of true sovereignty for the individual. It doesn’t make them fans of actually free markets that don’t cater to corporate interests preferentially.
We need tools to actually facilitate all of these things, but building them means you are a potential target.
If you actually care about these things, you know this isn’t over. One man who was unjustly imprisoned is free, and that is an amazing thing. He can see his parents again, his wife, his friends, and that is truly a priceless accomplishment.
But this is not over. Not by a long shot. The music came on, people switched chairs, and it stopped again. But it’s still the same game being played, and we can’t lose sight of that.
President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial Technology.” The directive lays out a bold vision for bolstering the United States’ position in the global digital asset economy—most notably embracing open blockchain networks like Bitcoin while flatly prohibiting the development of Central Bank Digital Currencies (CBDCs).
A Major Shift Toward Bitcoin
At the core of the order is an explicit policy to support the responsible growth and use of digital assets, championing citizens’ right to access and utilize open public blockchain networks without interference. For Bitcoin enthusiasts, this represents a monumental endorsement from the highest levels of government. The Executive Order stipulates that no lawful activity on these decentralized networks should be censored, while also clarifying that individuals must be permitted to develop software, maintain self-custody of digital assets, and participate in mining or transaction validation.
New Life for Dollar-Backed Stablecoins
The administration also underscores the importance of legitimate dollar-backed stablecoins, highlighting them as a strategic asset to safeguard the sovereignty and global role of the U.S. dollar. With digital currency usage accelerating around the world, this renewed push for stablecoins signals a forward-thinking approach intended to keep America’s currency competitive in global markets.
Regulatory Clarity & Innovation-Friendly Framework
One of the key challenges the blockchain industry has faced is regulatory uncertainty. The Executive Order calls for technology-neutral regulations and clearly delineated roles for agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). By directing a cross-agency effort to rescind or modify outdated rules and develop more effective frameworks, the Trump Administration aims to foster an environment where blockchain startups and established companies can innovate without fear of sudden enforcement actions.
Prohibition of CBDCs
In a decisive move that sets the United States apart from many other nations, the order categorically prohibits the creation, issuance, and promotion of Central Bank Digital Currencies. Citing concerns over financial system stability, individual privacy, and national sovereignty, the Executive Order halts any ongoing or planned CBDC-related projects within federal agencies. This stance signals an unambiguous preference for open, permissionless blockchain networks—like Bitcoin—over government-controlled digital currencies.
Revoking Previous Policies
The order also revokes Executive Order 14067 of March 9, 2022, along with a corresponding Treasury Department framework published in July 2022—both from the previous administration. By rescinding these policies, President Trump is effectively clearing the path for a pro-crypto regulatory climate that prioritizes individual freedoms, innovation, and economic growth.
The President’s Working Group on Digital Asset Markets
To guide these efforts, the Executive Order establishes the President’s Working Group on Digital Asset Markets, chaired by the Special Advisor for AI and Crypto. This Working Group will include the Secretary of the Treasury, the Attorney General, and other top officials. Its mandate includes:
- Drafting a federal regulatory framework for digital assets and stablecoins, focusing on market structure, consumer protection, and oversight.
- Evaluating the creation of a national digital asset stockpile, derived from lawfully seized cryptocurrencies, to enhance the country’s strategic interests.
Within 180 days, the Working Group is expected to deliver a comprehensive report that will shape future legislative and regulatory proposals.
A Resounding Win for Bitcoin
For many within the Bitcoin community, this Executive Order marks a pivotal turning point. By ensuring the right to self-custody, explicitly protecting blockchain networks from censorship, and ruling out government-sponsored digital currencies, the Trump Administration has placed Bitcoin at the heart of the American digital economy.
As the United States steps confidently into this new era, both retail and institutional investors are poised to benefit from clearer rules and stronger protections—while innovative blockchain companies see a fertile environment for growth. By endorsing open, permissionless networks and stablecoins that reinforce the U.S. dollar’s global standing, the nation appears ready to embrace a future in which Bitcoin will play a leading role.
Move over, meme tokens there’s a rising star drawing attention from even the biggest PEPE and DOGE enthusiasts. They say Remittix could claim the throne in the 2025 altcoin market, and it’s not just idle talk. Remittix’s presale has already brought in over $5.3 million and is tipped to surge 100x in 2024. Read on to find out why. If you’re on the lookout for the next big altcoin, check Remittix now and see if this real-world solution can beat the meme coin craze.
Why Meme Coin Fans Are Turning to Remittix
PEPE and DOGE once stole headlines with jaw-dropping gains. In early 2025, Dogecoin’s price moved +2.73% to $0.36, backed by a $4.20 billion trading volume. PEPE likewise pumped by 21% at its peak, riding a wave of social media hype. Yet, many of those investors now eye Remittix’s dominance, believing a real-world solution beats fleeting meme attention. By bridging crypto and fiat for cross-border transactions, Remittix could carve out a bigger slice of the 2025 altcoin market than purely speculative coins.
The Numbers Driving Meme Coin Migration
Recent data shows that over 274 million Remittix tokens have sold at $0.0272 each. With a goal to raise $36 million, Remittix has locked liquidity for three years and plans to renounce its contract post-presale. While DOGE soared past a $40 billion market cap in previous cycles, some see Remittix potentially eclipsing that feat through a massive remittance sector worth $700+ billion annually. This utility-based approach contrasts sharply with meme coins powered mostly by online chatter.
Remittix Dominance Hinges on Utility
Although meme tokens can explode overnight, they often fade fast if hype runs dry. Remittixdominance might hinge on consistent demand for fast, cheap transfers. If adoption keeps rising, Remittix could secure a lasting foothold in the 2025 altcoin market. The project tackles high wire fees and hidden costs, offering a service many believe is overdue. If you think that’s the next big altcoin pathway, check Remittix for presale info. It has already intrigued DOGE investors who recall wild price swings and want a steadier bet.
Why PEPE and DOGE Communities Are Watching
PEPE fans saw their coin skyrocket 21% in mere days, but a lack of use cases eventually cooled momentum. Championed by big personalities, DOGE still commands loyalty, yet some holders worry about saturating meme coin markets. As people question the long-term viability of hype-driven assets, Remittix offers an answer. By simplifying remittances, the platform might become the next big altcoin to overshadow meme-centric coins. Supporters point to real-user adoption instead of viral tweets, a factor that could sustain Remittix’s dominance when market fads fizzle.
Will Remittix Truly Conquer the 2025 Altcoin Market?
PEPE and DOGE Investors Predict Remittix Will Dominate 2025’s Altcoin Market because it solves real issues, not just internet jokes. Backers say harnessing a $700+ billion remittance space sets Remittix apart from tokens relying on momentary spikes. Meme coins can generate huge profits fast but many fizzle just as quickly. Remittix could forge a stable foundation for expansion by focusing on cost-effective crypto-to-fiat transfers. If you’re ready to explore a token that might outlast memes, visit Remittix now. Keep track of its growth or connect through their socials here:Linktree.
While PEPE and DOGE remain beloved, shifting sentiment suggests the 2025 altcoin market might favor tokens with tangible benefits. Whether Remittix dominance fulfills its promise depends on adoption, transparency, and a market hungry for real utility. Yet, if early indicators hold true, this could be the next big altcoin story that meme coin loyalists won’t want to miss.
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.
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.
In a landmark move for the crypto industry, President Donald Trump has signed an executive order to establish a dedicated working group focused on digital assets.
Trump has signed an Executive Order establishing the Presidential Working Group on Digital Asset Markets, a new initiative aimed at bolstering U.S. leadership in digital finance, according to Fox Business reporter Eleanor Terrett.
The Working Group will develop a Federal regulatory framework for digital assets, including stablecoins, while evaluating the feasibility of a national digital assets stockpile.
Chaired by the White House AI & Crypto Czar, David Sacks, the group will include key officials such as the Secretary of the Treasury and the Chairman of the Securities and Exchange Commission, alongside other agency heads.
The Executive Order mandates collaboration with industry experts to ensure that cutting-edge insights beyond the Federal Government inform policies.
It also directs agencies to review and recommend changes to existing regulations that impact the digital asset sector. The order prohibits any Federal action to create or promote central bank digital currencies.
SEC crypto task force
In tandem with the executive order, the U.S. SEC announced the formation of a cryptocurrency task force.
This group is charged with creating a regulatory framework that provides legal clarity for crypto assets, addressing longstanding industry concerns about ambiguous regulations.
The executive order also repeals the Biden Administration’s Digital Assets Executive Order and the Treasury Department’s international framework, citing concerns over their restrictive impact on innovation and U.S. economic competitiveness in global digital finance, according to Terrett.
U.S. President Donald Trump signed an executive order on Thursday to review the creation of a “National Digital Asset Stockpile,” according to Fox News.
- As reported by FOX Business White House correspondent Edward Lawrence and shared by partner Eleanor Terret, the executive order established a “Presidential Working Group” on digital assets.
- This group is tasked with “evaluating the creation of a strategic national digital assets stockpile,” as well as creating a federal regulatory framework for digital assets and stablecoins.
- It will be chaired by White House AI and crypto czar David Sacks, and include heads of the SEC, Treasury, and other relevant agencies. Among other things, it also bars federal agencies from taking action to establish, issue, or promote a CBDC.
- Finally, this executive order revokes the Biden administration’s crypto executive order, issued in 2022.
- Trump initially promised to create a “strategic national Bitcoin stockpile” in July, but has now seemingly expanded the scope of its inclusion to other digital assets.
- Senator Cynthia Lummis is pushing legislation to formally establish a Bitcoin reserve, and to have the U.S. government sell some of its gold stash to buy 1 million BTC.
- Trump has already shown openness to other coins personally, launching his own official memecoin last week on the Solana blockchain.
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Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level.
Analyst Predicts 500% Surge For The Dogecoin Price
In an X post, crypto analyst Javon Marks predicted a 500% surge for the Dogecoin price, representing a 5x increase from its current level. The analyst explained that Dogecoin is back showing strength, and by its historical performance, DOGE can be set for an over 432% gain at the least from its current level.
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Javon Marks further remarked that the Dogecoin price could rally above the 1.618 Fib extension, which is currently at $2.2. In line with this, the analyst added that market participants could still be early, considering that DOGE could witness a 5x price increase from its current level.
Crypto analyst Trader Tardigrade also recently predicted that the Dogecoin price could rally above $2. In an X post, the analyst stated that the meme coin had formed a bull flag on the 2-day chart. According to the analyst, this DOGE bull flag pattern puts a target of over $2 for the foremost meme coin.
The crypto analyst had previously predicted that the DOGE price could even rally as high as $8 if it mirrors the 2017 bull run. He added that DOGE could also reach $30 if it mirrors the 2021 bull run. These projections further prove that the foremost meme coin could at least record a 500% price surge from its current level. Crypto analyst Master Kenobi has also previously predicted that Dogecoin could rally to $2 in this cycle and top around $3.
Bullish Fundamentals Also Support A 5x Increase For DOGE
The Dogecoin price also boasts bullish fundamentals, which support a 5x increase from its current level. One of the fundamentals includes the potential launch of a Dogecoin exchange-traded fund (ETF) in the US. Asset manager Bitwise recently filed for a Dogecoin ETF in Delaware, indicating that an application with the US Securities and Exchange Commission (SEC) may be next.
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Asset manager REX Shares, in collaboration with Osprey, already filed with the SEC to offer a Dogecoin ETF. This is bullish for the Dogecoin price, considering the amount of institutional funds that could flow into the DOGE ecosystem if the SEC approves these funds. There is also a huge likelihood that the SEC will approve these funds, considering the pro-crypto climate under Donald Trump’s administration.
It is also worth mentioning that there has been a huge accumulation trend among DOGE whales, which is also bullish for the Dogecoin price. IntoTheBlock data shows there has been a 41% spike in the meme coin’s large transactions, with $23.35 billion traded in the last 24 hours. Another bullish fundamental is Elon Musk’s Department of Government Efficiency (DOGE), which puts the foremost meme coin in the limelight.
At the time of writing, the DOGE price is trading at around $0.35, down almost 4% in the last 24 hours, according to data from CoinMarketCap.
Featured image from iStock, chart from Tradingview.com
U.S. President Donald Trump has come through with an eagerly awaited executive order on crypto that directs his administration to establish friendly policies to put the industry on solid U.S. footing and work toward establishing a “digital asset stockpile.”
After years of courtroom combat with federal authorities, Trump’s order could allow the digital assets sector to move forward in the U.S. with a more welcoming framework set by the White House. Such orders are more of a beginning than an end in federal policy, but the pro-crypto president has taken that first step, Bloomberg reported Thursday.
When Trump had failed to issue it among his opening flurry of executive orders, crypto insiders grew increasingly tense about the new relationship he’s promised. But behind the scenes, leaders at the U.S. markets regulators — the Securities and Exchange Commission and Commodity Futures Trading Commission — were already prepping this week to move digital assets businesses out of the multi-year penalty box the previous agency officials kept them in.
Bitcoin and large-cap crypto assets are caught in a state of uncertainty, as investors closely monitor both Donald Trump’s actions and the broader macroeconomic landscape.
While Bitcoin’s sustained trading above $100,000 is seen as a sign of strength, altcoins — particularly Ethereum — remain lackadaisical.
However, low-cap meme coins are showing little correlation with the broader market outlook and continue to create generational wealth. The Trump family coins — $TRUMP and $MELANIA — have driven the hype and FOMO to reach a fever pitch.
A new meme coin, Meme Index (MEMEX), has quickly established itself as a top cryptocurrency to buy right now. The project is building the first decentralized meme coin index fund, allowing investors to gain broader market exposure with just one coin.
Meme Index — The Smart Way To Invest In Meme Coins
The market has been eagerly anticipating the launch of an index fund-like investment model for meme coins.
There are simply too many high-upside meme tokens to invest in, particularly for retail investors. Due to the broader market bearishness, interested buyers can find promising assets like Moo Deng, Peanut The Squirrel and NEIRO in highly undervalued territory.
Meanwhile, new meme coins continue to launch. Inspired by Offical Trump’s success, the CEO of Vine Rus Yusopov launched his own meme coin, which has a $224 million market capitalization in just a day. Vine is one of TikTok’s biggest competitors and is rumoured to integrate with X.
However, it is highly improbable that small-scale investors can even find an asset like $VINE in time. Moreover, they either go all-in on one asset or are spread too thin across many, owing to the budget constraint.
Now, Meme Index’s meme coin baskets allow MEMEX holders to gain broader market exposure while spreading the risk. The project will soon launch 4 baskets, each with varying risk-reward ratios.
For instance, the Meme Titan Index is designed for safe players and features large-cap coins like Pepe and Dogecoin. On the contrary, the Meme Frenzy Index is designed for the degens and will include low-cap meme coins that could offer anywhere between 10x to 100x returns.
Meme Moonshot and Meme Midcap are the two other attractive options. Check out the project whitepaper for more of its salient features.
Noticeably, only MEMEX holders will be able to invest in the baskets. More importantly, they will get to vote on which tokens to be included in each basket. This would ensure every entry has strong community support and isn’t a scam.
Moreover, small-scale investors will finally benefit from projects like VINE, MOBY and UFD before they explode.
Considering its high upside potential, it is no surprise the Meme Index presale has raised nearly $3 million in short order, with many viewing it as one of the top cryptos to buy now
The Top Crypto To Buy Right Now?
Donald and Melania Trump’s meme coin launches have paved the way for major players to join the space. Just today, Barstool President Dave Portnoy released a video mulling about launching his own meme coin.
I’ve been going back and forth about if I want to launch my own meme coin #DDTG pic.twitter.com/KdEdXgdvJT
— Dave Portnoy (@stoolpresidente) January 23, 2025
Against such a backdrop, Meme Index’s investment model could prove to be a game-changer for whales and small-scale retailers alike.
Smart money investors are already impressed with the project’s uniqueness, innovation and community governance model, with many calling it the next 100x crypto.
Despite its ambitious goals, MEMEX is highly undervalued and is still in the early stages of its presale. Interested buyers can invest in the meme coin today with just a few clicks and take a major step towards diversifying their portfolio.
Check out Meme Index’s X and Telegram accounts for the latest updates.
Disclaimer: This is a sponsored article 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
BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto
BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?
Bitcoin and most altcoins have fallen this week even after Donald Trump’s inauguration to become the most crypto-friendly president in the US.
Bitcoin (BTC) price dropped to $101,000 on January 23rd, while popular meme coins like ai16z, Fartcoin, and Official Trump fell by over 20%. Other top laggards were coins like Lido DAO, Jupiter, Virtuals Protocol, and Hyperliquid.
There are four possible reasons for the ongoing crypto retreat. First, economists expect the Bank of Japan to hike interest rates by 0.25% on Friday. This would bring the official cash rate to 0.50%, the highest level since 2008.
The last BoJ rate hike occurred in August last year, leading to a sharp decline in cryptocurrencies and other assets. This was due to the unwinding of the Japanese yen carry trade. As such, another BoJ rate hike may trigger another drop, albeit at a smaller size.
Second, in line with this, Bitcoin and altcoins fell as traders waited for next week’s Federal Reserve interest rate decision. A hawkish tone may also lead to more weakness in the crypto industry since it would push government bond yields higher.
Third, they have dropped because Donald Trump has not mentioned crypto since his inauguration. He has also not signed any executive order on cryptocurrency. This explains why the odds of him creating a strategic Bitcoin reserve have dropped to 40% on Polymarket.
The coins also dropped because of the popular practice of buying an asset ahead of a major event and then selling it when it occurs.
Risks of a Bitcoin price double top
Bitcoin has also formed the risky double-top chart pattern at $108,100.This pattern is made up of two peaks and a neckline and is usually a bearish reversal sign. The neckline in this case is at $89,305. By measuring the distance between the double-top and the neckline, the potential target for the coin is about $74,000.
Therefore, Bitcoin will remain on edge as long as it is below that double-top pattern. This will, in turn, affect other altcoins that often move in the same direction as Bitcoin.
Moving above the double-top point at $108,100 will invalidate the bearish view and point to more gains, potentially to the psychological level at $110,000.
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