Crypto

Source: Coin Tegraph Elon Musk has previously stated that he wants to cut $1 trillion to $6.5 trillion in annual federal spending to help balance the budget. Read Full Article

Source: Bitcoinist Asset managers Grayscale and Coinshares have joined the race to launch a Litecoin (LTC) Spot ETF drawing reactions from the crypto community ranging from excitement to criticism. Litecoin Spot ETF: Crypto Community Weighs In On January 24, Coinshares filed an S-1 registration form with the US Securities and Exchange Commission (SEC) to launch…

Source: Bitcoinist Although Ethereum (ETH) hasn’t quite had the success of the likes of Bitcoin or Solana, it’s now showing signs of a massive upcoming rally, fueled primarily by increased WLF (World Liberty Financial) holdings and Donald Trump’s order to establish a digital asset stockpile. After pumping in the last 48 hours, analysts are predicting…

Source: Bitcoinist After last week’s memecoin frenzy, fueled by the US President’s official token launch, the crypto community is split on the possible implications of Donald Trump’s memecoin venture. Ethereum founder Vitalik Buterin shared his concerns about the potential negative impact and “risks” of these tokens. Politician Tokens: Sources Of Fun Or Vehicles For Bribery?…

Source: Bitcoinist On-chain data shows the Bitcoin transaction volume has seen a sharp plunge since its high last year. Here’s what this could imply for BTC. Bitcoin Transfer Volume Has Declined To Just $11.2 Billion In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Total…

Source: Bitcoinist The crypto world is buzzing as Solana reaches new milestones, with its stablecoin supply hitting an ATH (all-time high) of $10B and TVL (total value locked) surging by 800%.  This January, $SOL has attracted a staggering $4.8B in stablecoin flows, and the rise of meme coins inspired by the Trump family has brought…

Source: Bitcoinist In a blog post published on January 23, 2025, Ethereum co-founder Vitalik Buterin delineated the scaling roadmap for the network, outlining ambitious plans aimed at enhancing scalability, security, and sustainability through 2025 and beyond. This strategic blueprint addresses both Layer 1 (L1) and Layer 2 (L2) solutions, emphasizing interoperability and user experience improvements…

Source: Bitcoinist In a landmark speech following his inauguration as the 47th President of the United States, Donald Trump announced his administration’s ambitious plans to position the country as the global capital of both artificial intelligence (AI) and crypto.  Trump Embraces Crypto In a video shared on social media platform X (formerly known as Twitter),…

Source: Bitcoinist According to a report by The Wall Street Journal, business intelligence firm MicroStrategy may face significant tax liabilities on its unrealized Bitcoin (BTC) gains, valued at $19 billion. MicroStrategy, notably the world’s largest corporate BTC holder, currently holds more than 430,000 BTC on its balance sheet. Unrealized Bitcoin Gains Could Pose Challenges For…

Source: Bitcoinist Canada appears to be tightening its surveillance of cryptocurrency transactions as part of an ongoing effort to combat money laundering linked to synthetic opioids—hard drugs. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) recently issued an alert pointing out how digital assets are being used to “clean illicit funds tied to…