The inauguration of President-elect Donald Trump became one of the biggest events for the cryptocurrency community, as everyone eagerly awaited Trump's words to see if he would mention anything related to crypto. During the event, rumors circulated that Trump's World Liberty organization had made significant purchases of Bitcoin (BTC) and Ethereum (ETH).
World Liberty Financial (WLFI), a decentralized finance platform reportedly backed by Donald Trump and his family, made headlines with a massive cryptocurrency buying spree just hours before Trump's inauguration ceremony.
Bitcoin (BTC) is once again at the center of attention as it inches closer to its all-time high, following a week of dramatic price movements that showcased the cryptocurrency's signature volatility. After briefly plummeting to $89,100, shaking investor confidence, Bitcoin made a strong comeback, surging over 18% in less than six days.
The Trump family's financial project, World Liberty Financial (WLFI), transferred $47m of treasury funds into Bitcoin (BTC), as reported by on-chain data. The transaction happened after Donald Trump took the oath and became the 47th President of the United States on January 20, 2025.
Bitcoin (BTC) surged to a new all-time high prior to the swearing-in of President Donald Trump, who has promised to embrace the crypto industry. Bitcoin hit a new all-time high of $108,786 on Sunday amid high hopes of digital asset investors that Trump will roll out pro-crypto policies soon after taking office.
Analysts speculate Bitcoin could surpass $150,000, while others foresee the start of alt season.
TL;DR Trump assumed the presidency without mentioning Bitcoin in his inaugural speech, which caused a negative reaction in the crypto market. The price of Bitcoin fell to $103,000 after the lack of immediate presidential support for the creation of a strategic BTC reserve.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
Bitcoin dropped 6% from highs after Trump avoided mentioning crypto during his inauguration speech as the 47th US president. The post Bitcoin drops 5% from highs as Trump avoids crypto mention during inauguration appeared first on Crypto Briefing.
The US treasury is expected to surpass its $36 trillion debt ceiling, a problem that President Trump may have to face on his first day in office. As a result, Bitcoin may experience a temporary correction to $70,000 before its next surge in the market cycle.
A decentralized finance (defi) project linked to Donald Trump has acquired $47 million worth of wrapped bitcoin (WBTC), according to blockchain analytics platform Arkham Intelligence.
U.S. President Donald Trump's crypto team has moved $47 million in treasury funds into Bitcoin, according to on-chain data. Specifically, the Trump family's World Liberty Financial (WLFI) invested $47 million into Bitcoin (BTC).
Bitcoin saw an 8%+ drop as President Trump took office, but hope for a strategic Bitcoin reserve announcement and new offerings from Trump's World Liberty DeFi project could reverse the tide for BTC and the Official Trump memecoin.
President Donald Trump used to slam Bitcoin as "a scam." Now he's back in the White House with big plans for the crypto industry.
In the lead-up to Donald Trump's inauguration as the 47th president of the United States, Bitcoin saw a major rally, briefly reaching a peak of $109,000. However, the cryptocurrency's price failed to maintain this momentum and began to dip following the inauguration ceremony, eventually falling below $102,000.
Analysts project Bitcoin prices between $175,000 and $250,000 by 2025. TRUMP token sees strong gains, ranking as a top meme coin by market cap.
Bitcoin's recent surge above $109K is supported by the Binance Netflow SMA30 and rising Open Interest.
The president has promised — and seems intent on delivering — policies embracing what possibly could become transformative technology.
As inflation concerns faded, traders' allocations to Bitcoin and other crypto funds surged ahead of Trump's inauguration.
After 10 consecutive Bitcoin purchases by MicroStrategy, this week marked a pause, with Michael Saylor not announcing any new acquisitions. As of January 20th, 2025, MicroStrategy's Bitcoin holdings have reached 450,000 BTC, acquired at a cumulative cost of around $28.2 billion, with an average acquisition price of $62,691 per Bitcoin.
Digital asset investment products recorded $2.2 billion in inflows last week, driven by market optimism surrounding Donald Trump's inauguration. What Happened: Total assets under management propelled to a record $171 billion, marking the largest weekly inflow of the year.
BTC went from over $107,000 to under $102,000 in minutes.
Rumble, a Tether-backed and Nasdaq-listed video-sharing platform, has made its first-ever purchase of Bitcoin. The announcement came from CEO Chris Pavlovski, who confirmed that the acquisition occurred on Friday, January 17.
With Bitcoin in its reserves, Rumble is positioning itself for both financial resilience and strategic growth.
Matador Technologies plans to revolutionize gold investment by merging physical gold with digital art on the Bitcoin blockchain, backed by recent BTC acquisition.
Donald Trump's pro-crypto stance has cooked up a storm in the crypto market. Ever since he won the presidential election, the market has been raging like a wild bull.
Rumble, a Tether-backed video-sharing platform, has made its first Bitcoin acquisition two months after adopting the top crypto as a strategic reserve asset. On Jan. 20, Rumble CEO Chris Pavlovski announced that the company had purchased Bitcoin on Friday, Jan. 17.
Peter Schiff, who is pretty much synonymous with his outspoken skepticism of Bitcoin (BTC) and cryptocurrencies in general, might not seem like the obvious person to indirectly spark interest in digital assets. But the financial expert recently responded to a challenge from a follower who questioned his accuracy, especially as Bitcoin hit a new all-time high of around $110,000.
Rumble, Canada's largest video-sharing platform with over 50 million users, has announced its first Bitcoin purchase as part of its financial reserve strategy.
Ethereum has notably underperformed this cycle, particularly as Solana gains traction through the memecoin frenzy and events like Trump's official memecoin launch on Solana instead of Ethereum.
Popular cryptocurrency XRP continues to take center stage on the market, primarily due to the wild price action it has shown in recent weeks. The latest episode was the bullish divergence on Relative Strength Indicator, which emerged on an hourly chart of XRP against the leading cryptocurrency, Bitcoin (BTC).
Bitcoin's recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period.
Fifteen years ago today, the cryptocurrency market was a different landscape. According to Bitcoin historian Pete Rizzo, on this date 15 years ago, you could buy 1 Bitcoin (BTC) for just $0.50.
Some coins have come back to the green zone, while others keep falling, according to CoinStats.
In mid-January, Bitcoin's (BTC) expected 2025 rally appeared in danger as fears emerged amidst a downturn that the world's premier cryptocurrency might not regain a footing until it collapsed to approximately $80,000.
Bitcoin's rally before the inauguration raised the futures funding rate to its highest level since December.
The Tether-backed video streaming platform closely associated with the Trump universe purchased its first bitcoins on Friday.
In August, the IMF wrote in a report that many of the risks of the Bitcoin experiment “had not yet materialized.”
The value of Trump's memecoin has gone through the roof, and Melania's has too.
Donald Trump's inauguration as the first pro-Bitcoin U.S. president is here—join Bitcoin Magazine's live coverage at 10 a.m. EST!
The odds that Donald Trump will approve a Strategic Bitcoin Reserve in his first 100 days have jumped to 56% ahead of his inauguration. A Polymarket poll with over $2.
Analytics platform IntoTheBlock announced that 100% of Bitcoin holders were now in profit following a surge in the coin's price ahead of President Donald Trump's inauguration. The platform further revealed that the last time all BTC holders were in profit was during the November crypto frenzy after Trump's win in the presidential elections when the coin surged from around $80,000 to a new all-time high above $108,000.
If there's one thrilling narrative to study and revisit in 2024, it's Ripple's XRP. For those in the know, this crypto had a rough few years due to its ongoing cases and investigations launched by the US Securities and Exchange Commission.
The grant will help BTCPay continue to work on open-source payment development.
There has been a massive uptick of interest among noncryptocurrency owners as these "outsiders" look to participate in the action. The soaring interest comes amid a bullish Bitcoin (BTC) run that has seen its price attain historic levels.
Bhutan, the small Himalayan kingdom celebrated for its forward-thinking approach to crypto, has captured global attention with a recent transfer of 633 Bitcoins valued at $64.57 million to three newly created blockchain wallets.
A Bitwise analyst suggested the potential implementation of a Strategic Bitcoin Reserve is still not fully priced into the market.