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Quick Take Several asset managers filed a flurry of ETF proposals as Donald Trump’s inauguration grows near, proposing funds such as a Litecoin ETF, XRP and Solana leveraged, inverse, and futures funds, actively managed digital asset funds, and more.
Trump’s inauguration and the performance of crypto derivatives could play a significant role in pushing ETH’s price to attain the $4,000 price mark.
Quick Take Ryan Fournier, co-founder of the Students for Trump organization, faced criticism from memecoin traders after admitting to selling half the supply of the “TIKTOK” memecoin, which crashed from a $90 million market cap to just $5 million after the sale. Fournier said he was given 50% of the token by its creator but sold it once the token “started cratering,” though he denied profiting off the token. Fournier claimed he felt defrauded by the creator of the memecoin and admitted to making a mistake
Quick Take President-elect Donald Trump said his election resulted in the stock market’s rally and bitcoin’s price rise in a victory speech in advance of his inauguration Monday. His comments came on the same day his wife Melania Trump launched her own memecoin, causing his token’s price to plunge.
MicroStrategy seeks shareholder approval to raise authorized shares to 10.33 billion, enabling greater financial flexibility.
- 06:34The total locked-in value of Ethereum's Layer2 network is 34.51 billion US dollars, down 7.51% in the last 7 daysAccording to L2BEAT data, the current total value locked (TVL) across Ethereum Layer 2 networks stands at $34.51 billion, marking a 7.51% decline over the past 7 days. The top five Layer 2 networks by TVL are: - Arbitrum One – $13.15 billion (-6.55% in 7 days)- Base – $11.88 billion (-7.77% in 7 days)- OP Mainnet – $4.65 billion (-7.66% in 7 days)- ZKsync Era – $849 million (-7.29% in 7 days)- Starknet – $604 million (-8.21% in 7 days)
- 06:19Data: In the past 12 hours, 5 whales have cancelled the pledge of 5.52 million SOL, of which 3.54 million SOL were deposited into CEXChainCatcher reports, according to Lookonchain monitoring, in the past 12 hours, 5 whale accounts have cancelled the pledge of 5.52 million SOL (810 million USD). And 3.54 million SOL (516 million USD) were deposited into CEX.
- 06:09Yesterday, the net inflow of Bitcoin spot ETF in the United States was 94.3 million US dollarsGolden Finance reports, according to Farside Investors monitoring, yesterday the net inflow of Bitcoin spot ETF in the United States was 94.3 million US dollars.