Plus: MARA makes Donald Trump a block star
GM. Crypto’s ripe for the choosing as we speak – let’s slice it up and see what’s inside.
🚀 1Money is launching a Layer-1 for stablecoin funds.
🍋 Information drops: crypto dev sues Legal professional Basic Merrick Garland, MARA embeds Trump in a Bitcoin block + extra
🍍 Market taste as we speak
Think about being that one that was the primary to strive the french fries + ice cream combo (me, personally? Do not get it. However apparently folks love that sh*t). I’m wondering what they have been pondering in that second… like, “Do I actually wanna know what’s subsequent?” “Is my life gonna change, or is it gonna… change?”
And that is precisely the place we’re at now, y’all.
The Worry & Greed Index is chillin’ in Greed at 75 (similar as yesterday), and Bitcoin’s been hanging out between $97K and $105K.
Nonetheless, dealer Mister Crypto thinks it is not staying there for lengthy. To him, BTC’s chart is giving flashbacks to the final presidential inauguration. And if historical past’s repeating itself…
Crypto analyst Will Clementine additionally helps the concept of upward motion, which he believes will come from Bitcoin turning into a reserve asset.
The imaginative and prescient?
One nation establishes a strategic Bitcoin reserve;
They purchase extra. And extra. After which some;
Others FOMO in;
$1M BTC 🚀
Daring? Yeah. Potential? We hope so.
Oh, and talking of pumps – sure altcoins are feeling themselves as we speak:
XRP set a brand new all-time excessive at $3.38 on speak of an XRP ETF and rumors about Trump introducing an America-first strategic reserve which may embrace it;
SOL’s up, 👆 similar causes;
Aspect word – many aren’t satisfied about the entire altcoin reserve thought. However hey, it appears to be doing good issues for now, so we’ll take it.
LINK elevated by 12% after dropping the CCIP v1.5 improve, which makes it less complicated for devs to launch cross-chain tokens;
HBAR’s up the identical share, primarily due to HBAR ETF rumors and a few new partnerships for tokenizing real-world property;
LTC rose 17% on speak that it could be subsequent in line for an ETF approval.
Yeah, I do know, some of these items may sound loopy. However ice cream and fries additionally appeared wild at first… till it wasn’t 😏
🥝 Memecoin harvest
Time to spam rocket emojis – these tokens memed their method to the highest as we speak 🚀
Title
24H Change
AGiXT AGIXT
▲82K%
CGAI CGAI
▲11K%
quarm QUARM
▲10K%
GoatIndex.ai AIAI
▲2.7K%
Information as of 08:00 AM EST.
Take a look at these memecoins and many extra right here.
Just a few years in the past, whereas touring with my buddies, we stumbled upon this small diner in a small city.
It was a candy spot – everybody was pleasant, the menu was only a printed sheet in a clear doc holder (which, in my shocking expertise, typically means nice meals), yada yada.
All began nicely, however we received suspicious after we noticed how lengthy the menu was. This place served sushi, pizza, and tacos.
Guys, let’s be actual with one another – there isn’t a method you can also make all three style good.
That is why most eating places stick to at least one specialty. And that is why 1Money is launching a Layer-1 particularly for stablecoin funds.
Why’s this one particular? This is what they stated:
Immediate transaction affirmation;
Fastened, low-cost charges (with plans for “gasless” transactions);
Native multicurrency help;
Stablecoin-based community charges (so that you pay charges in the identical stablecoin you are sending);
Constructed-in compliance mechanisms;
Unparalleled scalability (250,000 TPS and presumably extra).
They’ve introduced getting $20M from VCs like F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, and plenty of extra, and are planning to launch in Q2 this yr.
Yeah… loopy… however I solely spend money on memecoins, so…
Nicely, stablecoins are kinda the bridge between TradFi and crypto – combining the familiarity of fiat with blockchain innovation.
Cost options like 1Money – the place you’ll be able to really use your stablecoins (sure, even for overpriced merch… responsible 👀) push us nearer to mainstream adoption.
From stablecoins to Bitcoin is only one step. And the following step after that’s… you understand… enjoyable 😉
🍋 Information drops
⚖️ Crypto dev Michael Lewellen is taking Legal professional Basic Merrick Garland to courtroom as a result of… he needs to construct stuff in peace. He is engaged on Pharos, a non-custodial crowdfunding platform, and desires a decide to verify it is authorized – and preserve prosecutors from knocking on his door later.
🎨 Bitcoin miner MARA embedded a pixelated Donald Trump portrait in block 879613 – a nod to his upcoming inauguration. Okay, I prefer it, Picasso.
📡 India’s largest telecom community, Jio, launched JioCoin on Polygon. The token’s mainly your gold star for utilizing JioSphere – however nobody is aware of what you’ll be able to really do with it but.
👻 Phantom bagged $150M in a Sequence C led by Sequoia and Paradigm. This funding spherical pushed their worth to $3B.
🐙 Kraken in your thoughts? We have achieved the homework so you’ll be able to see if it is your subsequent crypto residence base.
🍌 Juicy memes
