Bitcoin Reaches New All-Time High, Reaches $109,114
Bitcoin has reached a record price of $109,114 on January 20 before settling at around $105,000. This milestone comes as the cryptocurrency market continues to grow, with investors showing increased interest in digital assets.
Jupiter Unveils Major Platform Updates at ‘Catstanbul 2025’
Jupiter, a Solana DEX aggregator, announced significant platform changes at its ‘Catstanbul 2025’ event in Turkey. The updates include a ‘V2’ redesign, marking a return to beta status as new features are implemented. These changes follow the company’s recent $600 million community airdrop and deal with Moonshot.
NFTs and Meme Coins Defined as ‘Collectibles’
David Sacks, the new White House crypto advisor, has defined non-fungible tokens (NFTs) and meme coins as “collectibles” rather than securities or commodities. Sacks compared these digital assets to baseball cards and stamps, specifically referencing the Official Trump meme coin.
Elon Musk Explores Blockchain for Government Efficiency
Elon Musk, as head of Trump’s Department of Government Efficiency (DOGE), has reportedly discussed implementing blockchain technology for tracking government expenditures. The move aims to increase transparency and efficiency in government spending.
MicroStrategy Continues Bitcoin Accumulation
MicroStrategy has announced measures to handle $1.05 billion in corporate debt connected to its initial Bitcoin purchases. The company, under Michael Saylor’s leadership, has accumulated 461,000 Bitcoin valued at nearly $49 billion. MicroStrategy continues its acquisition strategy, recently adding $1 billion worth of Bitcoin to its holdings.
Vitalik Buterin Criticizes ‘Politician Coins’
Ethereum founder Vitalik Buterin has criticized cryptocurrencies issued by politicians, calling them “a perfect bribery vehicle.” Buterin emphasized the “deniability” aspect, noting that people can claim they’re merely speculating while effectively donating to issuers through price appreciation.
Senators Call for Trump Meme Coin Investigation
Senator Elizabeth Warren and Representative Jake Auchincloss have sent a letter to federal regulators requesting an investigation into Trump and Melania meme coins launched on Solana. The legislators expressed concerns about potential conflicts of interest, consumer protection issues, and national security implications of the Trump-linked cryptocurrencies.
Ledger Co-Founder Rescued After Kidnapping in France
Tips for Investors:
- Stay informed about market trends and regulatory changes.
- Diversify your portfolio to minimize risk.
- Be cautious of potential scams and unauthorized use of celebrity names or likenesses.
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