Wealthcamp
Posts
Bitcoin Surges and Trump Memecoin Frenzy Reignite Crypto Buzz!

Bitcoin Surges and Trump Memecoin Frenzy Reignite Crypto Buzz!

Rich Webb
January 20, 2025 • Read Time: 7 minutes

Bitcoin's recent surge past $110,000 has left the crypto world both electrified and bewildered, once again asserting its unpredictable nature.

As Donald Trump retakes office, the erratic dance of meme coins and market shifts reflects a curious intersection of politics and digital currency.

With BTC now challenging the giants like Amazon and Alphabet, one can't help but speculate what further twists lie ahead for the crypto market as the day unfolds. Let's dive in!

Balaji Srinivasan criticizes the $10B Trump memecoin boom, calling memecoins gambling, not wealth creation. — Read More
TRUMP memecoin hits $15 billion market cap pre-inauguration, facing conflict-of-interest questions. — Read More
Trump's memecoin boosts wealth by $50B, yet his actual crypto holdings fall under $10M. — Read More
Trump inauguration hype leads to $2.2 billion inflows for crypto ETFs, with assets under management hitting a record $171 billion. — Read More
World Liberty Financial expands token sale by 5% with a 230% price hike amid significant demand, raising an additional $250 million. — Read More
$TRUMP token market frenzy reflects impact of gamified cultural and social capital on crypto, says Bitwise exec. — Read More
$TRUMP token, launched by Donald Trump, surges by 1,331% in value, securing a $12,280M market cap. — Read More
South Korean authorities arrest six Chinese nationals over a $690,000 Tether theft during a hotel transaction, with suspects claiming victimhood. — Read More

Markets see TONS of Executive Orders coming:
Prediction markets are currently expecting 44 Executive Orders from President Trump today alone, per @Kalshi.
Odds of more than 50 Executive Orders being issued today have jumped by 24 percentage points.
Prediction markets say a lot… x.com/i/web/status/1…
— The Kobeissi Letter (@KobeissiLetter)
6:08 PM • Jan 20, 2025

Bitcoin Hits New High Ahead of Trump's Inauguration

Bitcoin price reaches just under $110,000 amid market frenzy and Trump's upcoming inauguration.

Bitcoin Clings to $100K Awaiting Potential Bounce

Bitcoin could begin a rally if it breaks the $103,000 resistance, but risks further losses if it fails.

U.S. States Eye Bitcoin Reserves

Eight U.S. states propose establishing strategic Bitcoin reserves, aiming for financial security and innovation, with Texas, Pennsylvania, and Massachusetts among them.

Bitcoin ETF Inflows Skyrocket 475% Pre-Trump Inauguration

Bitcoin ETFs see massive 475% inflow increase before Trump's presidency, driven by hopes for a crypto-friendly administration.

Americans Offload Traditional Assets for Bitcoin

Over 50% of Americans sell gold or stocks to buy Bitcoin, signaling a shift towards digital assets.

All things considered, this has been a pretty tame January decline for the year of the bull market, likely because we had a head start in December.
Soon, the January woes should be behind us.
Most cycles have taken off after January 25th with a huge surge into March.… x.com/i/web/status/1…
— CryptoCon (@CryptoCon_)
6:36 PM • Jan 20, 2025

Ethereum Poised For Major Breakout Amid Bullish Momentum

Ethereum shows bullish momentum, eyeing a breakout above $4,000 as market sentiment remains positive.

Ethereum Faces Inflationary Supply Post Dencun Upgrade

Ethereum's supply turns inflationary due to decreased burn rates post-Dencun upgrade, raising concerns about deflationary return.

Trump's Ethereum Buying Spree Struggles to Boost Prices

Trump's World Liberty Financial buys 14,403 ETH for $48M USDC, but ETH prices dip 5%.

Vitalik Buterin Restructures Ethereum's Leadership

Buterin announces Ethereum Foundation leadership changes, focusing on technical expertise, amidst criticism over spending and developer support, while sidestepping political agendas.

Solana Blockchain Surges Amid TRUMP Token Frenzy

Solana's highest-ever daily fees hit over $35 million following the launch of Trump's token.

XRP Attempts Bullish Break Above $3.20

XRP's price recovers but struggles against the $3.20 resistance, potential for further gains or a decline looms.

Trump Memecoin Drives Solana to New Heights

Trump's memecoin propels Solana to record-highs with $35M in daily fees, while Solana's trading volume surges 700% post-launch.

MELANIA Coin Surges 76% Following Binance Listing

MELANIA meme coin spikes 76% as Binance launches USDT perpetual contracts, leverage up to 25x.

Cardano (ADA) Eyes Massive Surge Amid Market Optimism

Analysts predict a significant price surge for ADA, with some forecasting a potential high of $7, driven by market optimism and upcoming developments.

RWA Titan (RXS) Raises $41M, Presale Stage 11 Quickly Sells Out

$41 million was raised by RWA Titan (RXS) as Presale Stage 11 quickly sold out.

ONDO Surges 31% Amid Market Turbulence

ONDO's price climbs 31% despite erratic market movement, buoyed by a new bullish phase and technical indicators like RSI recovery and Fibonacci levels.

Lightchain AI Secures Spot as Blockchain Front-Runner

Lightchain AI is swiftly rising as a blockchain leader, backed by $10.4M presale and practical tech innovations.

SEC Targets Helium's Nova Labs Before Gensler's Departure

SEC files lawsuit against Nova Labs for selling unregistered securities, spotlighting ongoing crypto regulation tensions.

Italian Lawmaker Pushes for Bitcoin in Banking Foundations

Italian lawmaker urges banking foundations to invest in Bitcoin, suggesting it could boost crypto adoption in Italy.