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Mt Gox Creditors Plan to Hold Bitcoin After Repayment
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$TRUMP & $MELANIA Meme Coins Surge in Market: What Next Trump Coin Jumps 85%: What’s Next for $MELANIA And $TRUMP Meme Coin $TRUMP and $MELANIA Meme Coin Rises as Crypto Icons Donald Trump and his wife, Melania Trump, have launched their own meme coins, gaining substantial traction in the cryptocurrency market. These coins, named $TRUMP and $MELANIA, have skyrocketed in value, placing the couple among the wealthiest figures globally. $TRUMP and $MELANIA: Game-Changing Meme Coins in Crypto At the time of writing, Donald Trump’s coin, $TRUMP, was trading at $59.01, boasting a market cap of $11.79 billion. This reflects an impressive 85.55% surge in a single day, according to CoinMarketCap data. Similarly, Melania Trump’s token, $MELANIA Coin, was priced at $11.46 with a market capitalization of $1.86 billion after a 56.29% jump since its launch. Ranking Among the World’s Top Cryptocurrencies According to CoinGecko, $TRUMP currently ranks as the 22nd most valuable cryptocurrency globally, while $MELANIA holds the 94th spot. These rankings underline the significant market impact these coins have had, further solidifying the couple’s position among the richest in the world. Launch Timing and Market Reaction Donald Trump introduced his meme coin late Friday on Truth Social, describing the move as an “investment.” Meanwhile, Melania Trump launched $MELANIA on Sunday, sharing the news via a post on X (formerly Twitter). Despite early volatility, both coins demonstrated strong market recoveries, drawing widespread attention. Trump’s Strong Advocacy for Cryptocurrency Donald Trump, poised to begin his second term as President, has consistently voiced his support for cryptocurrency. Reports suggest he plans to prioritize blockchain technologies at a national level, with plans for an executive order to integrate crypto-friendly policies into his administration. #MELENIA #melaminacoin #TrumpTrend #TrumpSupportsCrypto #Cryptonews

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$TRUMP & $MELANIA Meme Coins Surge in Market: What Next

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Thailand to Pilot Cryptocurrency Payments for Tourists in Phuket by 2025

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Thailand to Pilot Cryptocurrency Payments for Tourists in Phuket by 2025 Thailand plans to test crypto payments in Phuket in 2025 to boost tourism and digital currency adoption. The pilot will let tourists use Bitcoin and other cryptocurrencies at hotels, restaurants and shops in Phuket. The program will operate under current laws with crypto converted to Thai Baht for secure and easy transactions. Thailand will launch a cryptocurrency payment pilot in Phuket in 2025. Foreign tourists will be able to utilize digital currencies at hotels, restaurants, and retail establishments that participate in the initiative. This effort aims to simplify transactions, attract technologically inclined visitors, and increase tourism revenue by promoting the use of digital currencies. egal Framework Ensures Smooth Operation The initiative will function inside Thailand’s current legal framework hence removing the need for new legislation or modifications. Tourists who want to utilize the service must register with an approved Thai Bitcoin exchange and verify their identity. Transactions will include converting Bitcoin or other cryptocurrencies to Thai Baht via a clearing house. This method guarantees that financial and anti-money laundering requirements are followed while also providing users with a secure and transparent environment. huket Selected for its Tourism Potential Phuket, one of Thailand’s most popular tourist destinations, was chosen as the pilot location because of its large foreign visitor base. Authorities hope the scheme will improve the tourist experience by offering a convenient and cashless payment alternative. The project also seeks to benefit local firms by increasing international spending and developing a more sophisticated payment infrastructure. Focus on Expansion and Innovation If the trial is successful, the government intends to expand the initiative to other important tourist destinations across Thailand. #ThailandCryptoPilot #thailand #cryptocurrencies #CryptoMarket #CryptoNews

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Bitcoin hits record high of $110,000 ahead of Trump’s inauguration Bitcoin reached a new all-time high of $110,000, driven by positive sentiment surrounding pro-crypto U.S. President-elect Donald Trump. This surge occurred just before his inauguration, with Bitcoin rising 3.8% in 24 hours. Currently, it trades at $108,797. Ether also saw gains, climbing 4.7% to $3,431, while Solana and Dogecoin experienced declines. The price increase in Bitcoin reflects expectations for more favorable crypto policies in the U.S. Ben El-Baz from HashKey Global noted that the rise in Bitcoin and other cryptocurrencies is linked to hopes for new regulations that could boost prices further this year. The launch of TRUMP and MELANIA memecoins has attracted retail investors, adding to the momentum. Research analyst Min Jung mentioned that Trump-related news likely fueled the rally. There are rumors about a potential bitcoin strategic reserve mentioned in a leaked inauguration speech script, although this is unconfirmed. The market is currently driven by speculation and anticipation surrounding Trump’s presidency. The cryptocurrency market has seen significant volatility, particularly after the launch of the Trump memecoins. Over $1.2 billion in liquidations occurred on centralized exchanges within 24 hours, marking a major liquidation event for January. Augustine Fan from SOFA described memecoins as a “zero-sum game,” indicating that the rise of TRUMP and MELANIA has drained liquidity from the market, posing risks for late investors. He expressed concerns that these meme-driven trends could overshadow important institutional developments in the crypto industry. While Solana initially gained from the memecoin launch, the liquidity shift negatively impacted smaller altcoins. Jung noted that small-cap coins, especially AI-related tokens and those with market caps under $100 million, faced significant declines as funds moved towards the TRUMP and MELANIA memecoins. #TrumpCrypto #melaniamemecoin #CryptoMarket #TRUMP #Cryptonews

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