Odaily Planet Daily News: Just a few days away from the second presidential inauguration of Trump, who supports cryptocurrency, Bitcoin seems to be back on track for record highs. Bitcoin has risen by about 12% since last Sunday, and is expected to record its largest single-week gain since the election week in November. Bitcoin reached a record high of $108,315 in December last year, but has fallen in three of the past four weeks. Zaheer Ebtikar, founder of crypto fund Split Capital, said: "The market is currently digesting Trump's inauguration and his optimism about cryptocurrencies." Earlier news, Trump planned to issue an executive order to elevate cryptocurrency to a policy priority and give industry insiders a say in his government. (Bloomberg)

The global cryptocurrency market cap now stands at $3.59T, up by 3.70% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $101,743 and $105,865 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,449, up by 1.39%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SOLV, SPELL, and RAY, up by 224%, 25%, and 21%, respectively. Top stories of the day: BNB Surpasses $105 Billion Market Cap: A Major Milestone Ethereum Transaction Fees Surpass Bitcoin, Says CryptoQuant CEO Economists Predict Federal Reserve to Maintain Interest Rates in January Matrixport: Bitcoin May Face Downward Pressure, Recommends Waiting for a Reverse Buy Signal UK Retail Sales Disappoint as Market Expects Bank of England to Cut Rates by 66 Basis Points in 2025 Market movers: ETH: $3281.62 (-3.74%) XRP: $3.1241 (-3.88%) SOL: $238.97 (+10.82%) BNB: $702.16 (-2.34%) DOGE: $0.4014 (-3.32%) ADA: $1.0711 (-3.90%) TRX: $0.2411 (-1.87%) AVAX: $39.12 (-5.19%) LINK: $24.29 (+0.87%) SUI: $4.6782 (-2.47%) Top gainers on Binance: SOLV/USDT (+224%) SPELL/USDT (+25%) RAY/USDT (+21%)

The post All About TRUMP Memecoin; How To Buy It? appeared first on Coinpedia Fintech News As President-elect Donald Trump prepares to return to the White House, his social media accounts are promoting new merchandise called Trump Memes, including a cryptocurrency called “$TRUMP.” Many social media users were suspicious, wondering if the accounts were hacked since the posts appeared unusual... source: https://coinpedia.org/news/all-about-trump-memecoin-how-to-buy-it/

Odaily Planet Daily News Recently, Fan County Court concluded a case of concealing and hiding the proceeds of crime by buying and selling virtual currency for upstream crimes. The specific details are: In October 2023, Tian learned about a "profitable business" through Douyin: downloading the U-MATOU APP, and helping criminals launder money by buying and selling virtual currency U coins on the platform. The court believes that Tian knew that it was the proceeds of online crimes, but still helped transfer the above funds. His behavior constituted the crime of concealing and hiding the proceeds of crime and should be punished according to law. Tian was an accomplice in the joint online crime. He surrendered himself, admitted his guilt and accepted punishment, and voluntarily returned the illegal proceeds. He should be given a lighter punishment. According to Article 312, Article 27, Article 52, Article 53, Article 64, and Article 67, Paragraph 1 of the Criminal Law of the People's Republic of China, the defendant Tian was convicted of the crime of concealing and hiding the proceeds of crime and sentenced to eight months in prison and a fine of RMB 10,000; the illegal proceeds of RMB 10,000 returned by Tian were confiscated and turned over to the state treasury by the collection agency. The case has now come into legal effect.

Odaily Planet Daily News According to the official announcement, Bybit will officially launch the TRUMP/USDT perpetual contract pre-sale transaction at 21:35 (UTC) on January 18. Transaction details: •Call auction start time: 9:35 am UTC time; •Order cancellation: Orders can be cancelled within 50 minutes after the start of the call auction; •Matching transaction: 55 minutes after the start of the call auction, the matching stage will begin; •Continuous bidding: If the matching is successful, the continuous bidding stage will begin 1 hour after the start of the call auction.

null source: https://x.com/Bitcoinsensus/status/1880544079639183853

Odaily Planet Daily News LBank announcement shows that LBank will launch Jambo (J) pre-market trading at 18:00 (SGT) on January 18, 2025, and open the J/USDT trading pair. It is reported that the delivery of J pre-market trading will be carried out 30 minutes before the official opening, and LBank will redeem the tokens for J pre-market trading and official trading at a 1:1 ratio.

Odaily Planet Daily News Bitget will launch OFFICIAL TRUMP (TRUMP) in the Innovation Zone and Meme Zone. The recharge channel is now open, and the trading channel will be open at 18:00 today (UTC+8).

null source: https://x.com/Bitcoinsensus/status/1880542049545638291

Ethereum (ETH) transactions show significant activity from major wallets, hinting at possible market moves. Three whales collectively sold 10,895 ETH, totaling approximately $36.47 Million. Notably, the wallet labeled as ‘jitrust.eth’ transferred 4,669 ETH to Binance, realizing a loss of $1.6 Million against the market value. Another wallet executed a sale of 4,216 ETH for $14.08 […] The post... source: https://www.thecoinrepublic.com/2025/01/18/ethereum-whales-dumping-but-trump-is-accumulating-mvrv-says-follow/

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