01/20/2025 Crypto News Round-Up  

₿ Bitcoin and Cryptocurrency Market Developments  

• $BTC retraces to $100K after reaching highs near $109K during Trump inauguration euphoria, while $TRUMP token drops 30% amidst growing skepticism.  

• El Salvador adds 12 Bitcoin to its national reserve despite ongoing IMF negotiations, showcasing the country's dedication to crypto.  

• World Liberty Financial acquires $112.8M in crypto, including $ETH, $LINK, and $WBTC, on Trump’s first day in office, signaling strategic crypto investments.  

• Analysts predict an altcoin hype cycle, with rallies expected for $LINK and $ADA in the coming weeks.  

🏛 Government and Regulatory Highlights  

• President Trump sidesteps crypto topics during his inaugural speech, leaving markets uncertain about future policies.  

• Trump-linked DeFi venture invests $48M in $ETH, with Eric Trump hinting at further strategic moves.  

• Gary Gensler resigns as SEC Chair, replaced by crypto-friendly Mark Uyeda as acting chair, sparking optimism in the crypto industry.  

• Circle CEO remains bullish on Trump’s crypto policy, despite no direct mention during the inaugural address.  

🖥 Technological and Blockchain Innovations  

• Analog launches $ANLOG token on Fjord Foundry to promote fair access to its interoperability ecosystem.  

• Ethereum Foundation sets aside 50K ETH to support DeFi applications, further bolstering the network’s ecosystem.  

• Metropolis introduces tools to make small blockchain development easier and more affordable for AI integration.  

💬 Community and Adoption Trends  

• Search volume for “how to buy crypto” surges on social media and search engines, signaling growing retail interest in cryptocurrency.  

• Betting platform Rivalry becomes the first to support Trump Solana memecoin, highlighting increasing adoption.  

⚠️ Challenges and Controversies  

• Balaji blasts memecoins as a “zero-sum lottery,” warning of risks amid the $TRUMP token frenzy.  

• Students for Trump co-founder denies rug-pull accusations after selling half of the $TIKTOK memecoin supply.  

• Regulatory concerns grow as memecoin volatility highlights potential market manipulation risks.

• Coinbase Solana transactions delayed by several hours during memecoin frenzy.
#BTC #TRUMP