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Cryptocurrency News Articles
Crypto Enters A New Era As Trump Signs His First Executive Order Related To Crypto
Jan 27, 2025 at 10:30 pm
With the Bitcoin Strategic Reserve promised, and with various coins launched by the Trump family, we look at where the market is going next.
This is a sponsored article. As Trump signs his first executive order related to crypto, and SEC crypto ‘villain’ Gensler steps down, cryptocurrencies are entering a new era. With the Bitcoin Strategic Reserve promised, and with various coins launched by the Trump family, we look at where the market is going next.
The Risks And Rewards Of Investing In $TRUMP
A meme coin from the leader of the United States seems like a winner, and for those who got in early, it was. But as with many meme coins, TRUMP rocketed up to $73 before crashing down to $35 on inauguration day, leaving many holders disappointed.
A closer look at the tokenomics reveals that the $TRUMP team holds 80% of the coin, which is not yet circulating. These are very unusual tokenomics as most team launches take between roughly 12-25%. If 80% of TRUMP coin were to be sold at once it would crash the coin completely.
Still, it may be that the team uses the coins later to reward holders or for burning – only time will tell.
But for those looking for a more transparent bet for 2025, there are alternatives.
Stellar Could Be The Underdog Of 2025
Trump’s appointment to president has been beneficial for coins that were beleaguered by the previous SEC administration, with Ripple being one of the top players. But while all eyes are on XRP, XLM might be the one to watch.
Ripple is up by over 500% since the US election results, with the market anticipating that the XRP ledger will finally become the banking industry standard for overseas transfers.
In contrast, not much attention has been paid to Stellar, a company founded by Jed McCaleb, who was also part of the creation of Ripple.
While some say that Ripple has won the battle, capitalism demands more than one option for one service, and so given that Stellar is at an all-time low in comparison to Ripple, it may signal that the coin is undervalued.
How The TON Blockchain Could Drive Crypto Adoption
Just as Stellar could be undervalued as people fail to see the potential, the same could be said about TON. Toncoin rose dramatically in 2024, thanks to the viral clicker tap game NOTCOIN, which gave huge airdrops for playing the game and participating in quests on the TON blockchain.
Trump’s WLF project shows his commitment to making defi accessible to the US, and his wider crypto stance suggests that he’s in favor of the large-scale adoption of cryptocurrency in everyday life.
The TON blockchain makes this more possible than most, due to its integration with Telegram. The Telegram app reportedly has around 900 million daily active users and has already introduced hundreds of millions of them to crypto via gaming and TON’s mini apps.
TON has now declared that mini-apps can only be built on the TON blockchain, which may increase development.
If TON can bring new people into crypto then the price of the coin could rise substantially.
Early Signs Of Success For Elluminex’s TON DeFi Project
Trump has shown support for all kinds of crypto projects, from NFTs to meme coins. But World Liberty Financial is where the money is being spent and the focus is decentralized finance for all.
In a radical shift from the previous administration, WLFI stands against invasive CBDCs, and in favour of DeFi.
Elluminex is a very early stage project in presale, that may just have arrived at the perfect time.
That’s because it is building an all-in-one DeFi hub on TON. At the moment, the TON DeFi ecosystem is fragmented, without one obvious ‘killer’ platform.
Similar to WLFI, Elluminex is building a platform with a focus on user-friendliness, no matter which level they are at in crypto education. It will be backed by much-needed features like a comprehensive DEX with a wide range of coins to choose from, a unified premarket, a cross-chain bridge, and an AI-powered portfolio tracker.
If Elluminex succeeds in their mission (and the first signs are good as they have raised $300,000 in the first five days of their presale) then their coin ELX could be one of the biggest gainers in 2025.For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex
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- Remittix: Your Best Bet for Investment
- Jan 29, 2025 at 01:10 pm
- In their search for where to invest their money, investors have been introduced to this top-notch platform, Remittix. This cross-border payment platform which was created to make payment from crypto to fiat easy has set the pace for other payment platforms in the crypto ecosystem.
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- HIVE Digital Technologies Ltd. (CVE: HIVE) (NASDAQ: HIVE) (FSE: YO0) has signed a binding letter of intent (LOI) with Bitfarms Ltd (NASDAQ: BITF) (TSE: BITF) to buy its Yguazú 200 megawatt hydro-powered Bitcoin mining facility in Paraguay.
- Jan 29, 2025 at 12:50 pm
- The Tuesday announcement came with the assurances that the acquisition would increase the company's hashrate from 6 Exahash per second (EH/s) to an anticipated 25 EH/s by September.
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- Qubetics, Litecoin, and Near Protocol: The Best Cryptos to Invest in Today for Exponential Return Potential
- Jan 29, 2025 at 12:50 pm
- When it comes to picking the best cryptos to invest in today for exponential return potential, it’s essential to look beyond just the price tags and consider the long-term impact and vision of each project. With the ever-evolving blockchain landscape, some projects are gearing up to solve the real problems that have plagued the crypto market for years. This is where Qubetics enters the picture, offering more than just a presale buzz. With strong fundamentals and a promise to redefine blockchain interoperability, it’s clear that Qubetics has a lot to offer.