The Ethereum Foundation is allocating 50,000 $ETH (around $165.3 million) to participate in DeFi via a multisig wallet on Safe, with an initial transaction to Aave. This move aims to bolster its treasury amid leadership changes. #Breaking #Crypto $ETH (+8) ↗
Utah introduces legislation allowing state treasurer to invest up to 10% of public funds in digital assets, focusing on security and self-custody rights, as part of a broader trend among U.S. states considering crypto investments. #Update #Crypto $BTC (+3) ↗
Bitcoin hits a new all-time high of $109,588 as analysts predict further price discovery uptrend amid potential volatility from Donald Trump’s crypto-friendly administration. $BTC currently trades at $104,564, reflecting a 1% daily drop. #Update #Crypto $BTC (+4) ↗
The integration of generative AI is projected to significantly enhance BRICS+ economies, potentially adding $600 billion by 2030, according to @YakovPartners’ November 2024 report. #Update #Economy (+7) ↗
Pseudonymous analyst Rekt Capital suggests altcoins are poised for rallies, potentially outperforming $BTC, with Solana ($SOL) breaking resistance at $260. #Update #Crypto $SOL (+3) ↗
@Wintermute_T strengthens its partnership with @TRONDAO to enhance liquidity and trading efficiency in the TRON ecosystem, supporting $TRX and other tokens across exchanges. This collaboration aims to streamline user access and bolster DeFi growth. #Update #Crypto $TRX (+4) ↗
A trader lost $1M in two hours after investing in a fake meme coin, BARRON, mistakenly linked to Barron Trump, highlighting the dangers of FOMO and the importance of due diligence in crypto trading. #Breaking #Crypto $BARRON (-9) ↘
El Salvador bought 12 more $BTC, increasing its reserve to 6,044 Bitcoin valued over $617 million, despite an International Monetary Fund deal. #Update #Crypto $BTC (+6) ↗
Deribit-listed options suggest a bullish outlook for $BTC over $ETH, as BTC calls trade at a premium following President Donald Trump’s omission of crypto in his speech. The ether-bitcoin ratio hit a three-year low. #Update #Crypto $BTC (-3) ↘
Ross Ulbricht remains in prison as President Donald Trump has not yet commuted his sentence, despite previous promises to do so. Advocates continue to push for Ulbricht’s release, highlighting his exemplary behavior and the debate over his severe sentencing. #Update #Legal (+3) →
1 million $BTC have been withdrawn from exchanges over the past three years, signaling potential market shifts and increased investor confidence in holding assets off-platform. #Update #Crypto $BTC (+3) ↗
Former @Coinbase CTO Balaji Srinivasan criticized memecoins, labeling them a “zero-sum lottery” that fails to generate wealth, urging investors to only risk what they can afford to lose. #Update #Crypto (-2) ↘
The team behind President Donald Trump’s crypto operations reportedly transferred $92 million worth of the TRUMP meme token to exchanges like Bybit and Kucoin, following a tweet from Trump. #Breaking #Crypto $TRUMP (+8) ↗
Elon Musk predicts a presidential pardon for Ross Ulbricht by Donald Trump, who has appointed pro-crypto officials like Paul Atkins to the SEC and Caroline Pham to the CFTC. @elonmusk #Breaking #Legal (+8) ↗
