Bitcoin hits a record high, boosted by rising demand and growing optimism around Trump’s potential pro-crypto policies following his inauguration.
Senator Cynthia Lummis is expected to chair the first Senate subcommittee on crypto, signalling Trump’s push for stronger regulations and pro-industry policies.
Circle has donated $1 million in $USDC to Trump’s 2025 inauguration, joining Ripple, Coinbase, and others in supporting the event.
Coinbase has won a key court ruling allowing it to appeal the SEC’s lawsuit over digital asset regulations. The decision could have major implications for crypto laws and securities rules in the US.
The CFTC’s investigation focused on Gemini’s role in helping launch the first regulated Bitcoin futures contract in the US, in partnership with Cboe Global Markets.
According to MicroStrategy’s Michael Saylor, “If the US adopts Bitcoin as a strategic reserve, Japan and other countries in Asia will follow”.
While BlackRock is seeing massive withdrawals, other Bitcoin ETFs have reported inflows, showing a split in investor sentiment.
Data shows the Memecoins market’s value jumped 500%, going from $20 billion in January to $120 billion in early December.
Explore the best cryptos to buy now, from Bitcoin to Baby Doge, with insights into trends, growth, and innovation.
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