Ju says the value of memecoins is determined through narrative, just like collectors do in the art market. Meme coins are considered inherently worthless and possibly without a future, but Ki Young Ju, the founder and CEO of the crypto analytics platform CryptoQuant, thinks otherwise. In fact, he has likened...
TORN Enjoys Uptick After Court Overturns Tornado Cash Sanctions
TORN achieved its highest price since November, 2024, following a court decision overturning OFAC sanctions against Tornado Cash. TORN, the native token of beleaguered crypto mixer Tornado Cash, enjoyed a brief renaissance over the last two days following news that a court had overturned sanctions imposed on the platform by...
How Will Crypto Markets React as $3B in Bitcoin Options Expire Today?
Friday has come around again, and the end of the week means another Bitcoin options expiry event as spot markets are retreating. Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This week’s expiry event is slightly larger...
Better Markets Files Amicus Brief Backing SEC in Ripple Case
Better Markets says the XRP ruling narrowed the definition of investment contracts and put many crypto offerings beyond the reach of the law. Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with...
Harry Jung Appointed to Guide CFTC’s Crypto and Digital Asset Strategy
Trump-era CFTC leadership appoints Harry Jung, former Citigroup executive, to advance the agency’s digital assets agenda. In a leadership shakeup at the Commodity Futures Trading Commission (CFTC), Acting Chair Caroline Pham appointed Harry Jung as Acting Chief of Staff on Wednesday. Jung, who previously served as Pham’s Counselor and Senior...
Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI
Donald Trump-tied WLFI has attracted decentralized stablecoin protocol Frax Finance's $10 million proposal. Frax Finance has proposed a $5 million investment in WLFI – the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is...
Trump Signs Executive Order To Consider National Digital Asset Stockpile: Report
The Strategic Bitcoin Reserve isn’t here yet – but the President is already moving in its direction. 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...
Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam
The attackers compromised Nasdaq's account, linked it to a fake affiliate, and duped investors into buying a phony meme coin. The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s...
Whales Dominate TRUMP and MELANIA Meme Coin Ecosystems: Chainalysis
TRUMP and MELANIA meme coins have managed to attract retail buyers, but whale wallets still dictate the majority of the supply. US President Donald Trump’s surprising launch of the Official Trump (TRUMP) meme coin fueled a frenzy as fans and day traders pushed billions of dollars in trading volume. A...
Will Trump Make a Pro-Crypto Move on Day 1? Community Awaits
The proposed America-first reserve could prioritize the U.S.-linked digital assets like XRP, Solana, and USDC stablecoin. The crypto industry is optimistic that the United States President-elect, Donald Trump, will issue pivotal executive orders regarding the industry upon taking office on January 20. According to sources cited by the New York...
