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MELANIA coin’s debut caused TRUMP token to lose 50% of its value, wiping out billions, with Selkis slamming its timing and execution.
Bitcoin saw $1.9 billion in weekly inflows despite minor outflows from short positions during price gains.
Quick Take World Liberty Financial purchased $47 million worth of ether and $47 million worth of wrapped bitcoin on Trump’s first day in office. The project also bought Aave, LINK, TRX and ENA.
Quick Take The SEC is set to have a regulatory shift for crypto following former Chair Gensler’s exit and as it forges on with a Republican majority. Commissioners Hester Peirce and Mark T. Uyeda are weighing whether to start a process that could lead to more clarity on how the SEC views crypto and could decide to review pending enforcement cases, which could all begin very soon, Reuters reported last week,
- 14:02Canaan Technology: The preliminary expectation for the total revenue of fiscal year 2025 is between 900 million and 1.1 billion US dollarsCanaan Technology has released an unaudited Bitcoin mining update report up to December 31, 2024, which disclosed that it mined 62 BTC in December 2024 and held a total of 1293 Bitcoins at the end of the month. In addition, Kananci Technology also revealed preliminary expectations for total revenue for the fiscal year 2025 to be between $900 million and $1.1 billion, but actual results may differ from these expectations.
- 14:00KULR has once again purchased Bitcoin worth 8 million US dollarsKULR has increased its holdings by $8 million in Bitcoin, with current positions reaching 510 BTC. The total cost was $50 million. The company stated that the return rate of Bitcoin so far this year has reached 127%.
- 13:31Vitalik: The Ethereum Foundation should not give up halfwayEthereum co-founder Vitalik Buterin posted on the X platform, stating that the future world computer is decentralized. The Ethereum Foundation (EF) is just a part of this world computer. Some people want to reform and reach higher levels of organization, but this organization is not the Ethereum Foundation, but Consensys, (or a third entity in the same category). The Ethereum Foundation should not "give up halfway", but should confidently represent what Ethereum can effectively represent, and intentionally create and nurture open spaces for other organizations to represent other aspects of Ethereum. Some of these other aspects may even be more meaningful in profitable forms.