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Donald Trump appoints @elonmusk and @VivekGRamaswamy to lead the Department of Government Efficiency (DOGE), aiming to reduce waste in the $6.5 trillion US budget. The initiative targets a streamlined government by July 4, 2026.
Ethereum ETFs see record $295.5M inflow post-election, driven by institutional interest. @Fidelity’s FETH leads with $115.5M. Grayscale’s Ethereum Trust stabilizes with no outflows for six days, signaling market confidence in $ETH.
Canary Capital filed for a spot ETF based on $HBAR, Hedera’s token, causing a 28% market surge and surprising analysts focused on larger cryptocurrencies. This move highlights growing interest in diverse crypto investments.
Coinbase launches the COIN50 Index, tracking the top 50 cryptocurrencies by market cap, with a 97.65% yearly performance. Heavily weighted in $BTC (50.3%) and $ETH (27.5%), it aims to rival traditional market benchmarks like the S&P 500.
Dogecoin’s ($DOGE) market cap surpasses $53B, overtaking Nasdaq and Ford, as retail and institutional interest grows. Over six million transactions were processed last week, with potential ETF developments further signaling broader cryptocurrency adoption.
Tether issues $5B USDT, raising market cap to $124B as $BTC nears $90K. This coincides with Tether’s new wallet kit, aligning USDT supply with Bitcoin’s surge, enhancing market liquidity and trader confidence.
Bitcoin ETFs in the US hold $84 billion, 66% of gold ETFs’ assets. With record inflows and surging trading volumes, experts predict Bitcoin ETFs could surpass gold ETFs in asset management within two months, signaling a shift in investment trends.
Bitcoin hits $87,450, driven by the “Trump trade” effect. $DOGE surges 47%, fueled by @elonmusk’s political ties, while $ETH reaches $3,328. Crypto stocks like MicroStrategy and Coinbase gain as market dynamics potentially shift.
Survey: 33% of hedge funds and VCs expect $SOL to reach $600 this cycle. 75% believe it will outperform crypto ETFs. Meanwhile, 57% predict Bitcoin’s peak below $150K by 2025, highlighting a shift towards altcoins like Solana.
HashKey Global integrates with TRON network, supporting $TRC20 USDT and $TRX, enhancing transaction efficiency. New $TRX/$USDT trading pair launched, boosting liquidity. TRON boasts 270M+ users and $16B in value locked, surpassing Ethereum in USDT supply.
TRON DAO showcased blockchain innovations at Binance Blockchain Week Dubai, highlighting a gas-free stablecoin and its 35% share in the stablecoin market. The event emphasized TRON’s role in digital payments and its efforts against crypto crime.
The SEC delays decision on Ethereum ETF options trading, impacting $ETHW, $ETHE, and $ETHA. Public arguments invited within 21 days. Options trading could boost liquidity, though Ethereum funds currently face a $410 million negative cash flow.
StanChart predicts a 5x growth in the crypto market to $10 trillion by 2026, driven by regulatory changes. $BTC may hit $200,000, $ETH $10,000, with stablecoins potentially reaching a $1 trillion market cap, boosting digital asset adoption.
SunPump boosts TRON’s transaction volume by 1928% in a year. $SUNDOG partners with Trust Wallet, offering $2M in tokens to 140M users. Nexmate.AI surpasses 1M users, driving Web3 engagement. TRON sees $151.2M revenue surge in Q3 2024.
