Alex9527

The official website of the U.S. Department of Efficiency led by Elon Musk has been launched, featuring Dogecoin as its image.

$DOGE

Minutes after Donald Trump was sworn in, three organizations filed a federal lawsuit against the Department of Government Efficiency (DOGE) led by Elon Musk, accusing it of violating a regulation from 1972:

⚫ First lawsuit: Accuses DOGE of being a secret "shadow operation" lacking transparency and oversight.

⚫ Second lawsuit: Accuses the establishment of DOGE of violating advisory committee rules and excluding diverse viewpoints.

⚫ Third lawsuit: Accuses DOGE of failing to represent ordinary Americans and violating the Federal Advisory Committee Act (FACA).

$DOGE

Main highlights of Trump's inauguration speech:

⚫ America's golden age begins now. From this day forward, our nation will prosper and command global respect.
⚫ Our sovereignty and security will be restored. The scales of justice will be balanced.
⚫ I will act swiftly to bring hope, prosperity, security, and peace to citizens of all races, religions, and backgrounds.
⚫ America is restoring national unity, and confidence and pride are higher than ever before.
⚫ Today, I will sign several historic executive orders to fully restore America and launch a common sense revolution.
⚫ I will declare a national emergency at the southern border and immediately stop illegal immigration.
⚫ The inflation crisis caused by excessive spending and rising energy prices will be addressed.
⚫ I will create a Department of Efficiency (DOGE).
⚫ We will take back the Panama Canal.

In addition, Donald Trump said that he would reverse the "green policy", re-enact the tax policy, the United States now only recognizes two genders (male and female), and hinted that he would end the war, calling himself a peacemaker and unifier.

In his speech, Trump did not mention cryptocurrencies or Bitcoin, which led to:

⚫ Bitcoin fell 3.2%.
⚫ $TRUMP memecoin fell 15%
⚫ Cryptocurrency market liquidation amount exceeded $200 million$BTC

$TRUMP
$DOGE

Driven by the enthusiasm surrounding Trump's inauguration, digital asset investment products saw an inflow of $2.2 billion last week, marking the largest for this year, with total assets under management reaching a record $171 billion:

⚫️ Bitcoin inflows were $1.9 billion, with a year-to-date inflow of $2.7 billion, while short positions saw an outflow of $500,000
⚫️ Ethereum saw an inflow of $246 million last week, reversing the outflow trend year-to-date, but it remains the worst performer among major assets
⚫️ XRP continues to maintain a strong trend, with an inflow of $31 million
⚫️ Solana saw an inflow of $2.5 million, while Stellar had a smaller inflow of $2.1 million
⚫️ The regional inflows were led by the United States, followed by Switzerland and Canada
$BTC

$XRP
$SOL

Driven by the enthusiasm surrounding Trump's inauguration, digital asset investment products saw an inflow of $2.2 billion last week, the largest this year, bringing total assets under management to a record $171 billion:

⚫️ Bitcoin inflow was $1.9 billion, with a year-to-date inflow of $2.7 billion, while short positions saw an outflow of $500,000
⚫️ Ethereum saw an inflow of $246 million last week, reversing the outflow trend year-to-date, but it remains the worst performer among major assets
⚫️ XRP continues to show strong trends, with an inflow of $31 million
⚫️ Solana had an inflow of $2.5 million, while Stellar had a smaller inflow of $2.1 million
⚫️ The regional inflow was led by the United States, followed by Switzerland and Canada

$ETH
$SOL
$XRP

Since early 2025, the US SEC has received 10 applications for launching cryptocurrency ETFs in the United States, mainly focused on Solana and Ripple.

The list includes:

⚫ VanEck On-Chain Economy ETF
⚫ Canary Litecoin ETF ($LTC)
⚫ Oasis Capital Digital Asset Debt Strategy ETF
⚫ CoinShares Digital Asset ETF
⚫ ProShares Leveraged XRP ETF
⚫ ProShares Inverse XRP ETF ($XRP )
⚫ ProShares XRP Futures ETF ($XRP )
⚫ ProShares Solana Futures ETF ($SOL )
⚫ ProShares Leveraged Solana ETF
⚫ ProShares Inverse Solana ETF

El Salvador has increased its holdings by 11 bitcoins, marking the fourth large-scale purchase since December 20.

The country's total bitcoin holdings currently stand at 6,043 bitcoins, valued at approximately $605 million.

$BTC

Over the weekend, Solana’s SOL hit an all-time high of $295.33 before recovering to the $240 level, with its market cap also reaching a record high of $142.54 billion.

During this time, Donald Trump launched his memecoin TRUMP, which surged to $15.39 billion in market cap on the Solana network. Soon after, the MELANIA memecoin emerged, with a market cap of over $8 billion.

Phantom reported 8 million requests per minute, causing temporary delays in transactions.

$SOL
$TRUMP

YouTuber MrBeast has denied rumors of launching a memecoin and said he will not give up despite acknowledging that memecoin has the potential to make hundreds of millions of dollars.

$TRUMP

Argentine President Javier Milley said they have cut more than 900 regulations and are willing to help Donald Trump and Elon Musk support the US DOGE plan to reduce spending and regulations

$DOGE

⚡️⚡️⚡️⚡️⚡️⚡️
Bitcoin has reached a historic high, breaking $109,000 just one month after the last record.

$BTC

Swiss state-owned bank PostFinance is expanding its cryptocurrency services by offering Ethereum staking services and plans to launch staking services for other tokens "in the near future".

$ETH

Eric Trump revealed that his cryptocurrency portfolio includes Bitcoin, Ethereum, Solana, and SUI.

He also criticized the SEC's approach to cryptocurrency regulation and expressed confidence in his father's plan to establish the United States as a global cryptocurrency hub.

$ETH
$SOL
$SUI

In a departure interview, U.S. Securities and Exchange Commission Chairman Gary Gensler stated, "Bitcoin is a highly speculative asset, but there are 7 billion people who want to trade it. Just as we have had gold for 10,000 years, we have Bitcoin."

Additionally, when asked if Gensler owns Bitcoin, he said, "I do not. I have never owned it."

$BTC

Telegram-related TON is preparing to expand in the United States due to the more favorable regulatory environment provided by the incoming Donald Trump administration.

In light of the expansion, Kingsway Capital founder Manuel Stotz will replace Steve Yun as chairman of the TON Foundation, while Yun will remain on the board of directors.

$TON

According to spot trading volume data in 2024:

⚫️Binance's market dominance: Binance's cumulative spot trading volume is $7.23 trillion, accounting for 46.59% of the total market share

⚫️Top five exchanges: The top five exchanges - Binance, Bybit, Crypto.com, OKEx and Coinbase - control about 81.24% of the cumulative spot trading volume

⚫️Mid-tier participants: Exchanges such as Upbit, Huobi Pro and Bithumb Korea contribute considerable trading volume, but each accounts for less than 10% of the market share

⚫️Smaller exchanges: Exchanges such as Coinone, Korbit and Binance.US have a combined market share of less than 0.2%, and their market share is very limited

Ronin became the fourth most used blockchain in 2024, with active addresses growing from 1 million in January to 3.2 million in July, with a weekly growth rate of 5%.

Italy's largest banking group Intesa Sanpaolo has become the country's first bank to directly invest in cryptocurrency, purchasing 11 bitcoins for approximately 1 million dollars.

$BTC

Donald Trump’s inauguration will be celebrated on January 17 with a “Crypto Ball” in Washington, D.C., to celebrate his becoming the “first crypto president,” with tickets priced at $2,500.

BlackRock has launched the iShares Bitcoin ETF on Cboe Canada, allowing Canadian investors to invest in Bitcoin through their brokerage accounts.

$BTC