Bitcoin passed the $100,000 mark for the first time just last December. Could this be the year crypto goes mainstream?
Donald and Melania Trump launched new cryptocurrencies over the weekend. Some experts are advising investors to be cautious.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
Trump's actions contrast sharply with those of former President Joe Biden’s administration, which had taken a more adversarial stance on crypto.
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband, President-elect Donald Trump, being inaugurated and days after he announced his own memecoin.
Until, of course, in 2013 the Silk Road was shut down by FBI agents and Mr Ulbricht, then 29 years old, was arrested in the science-fiction section of a San Francisco public library. In 2015, after a four-week trial,
Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.
Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.
As part of the executive order, the creation of central bank digital currencies in the US has also been banned, which could compete with existing cryptocurrencies.
Trump launches second term quickly with dozens of efforts on immigration, government process and hiring, international affairs and some quirky policies.
U.S. SEC has revised its controversial SAB 121, a move that is expected to facilitate crypto adoption by traditional banking institutions.