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U.S. President-elect Donald Trumpâs cryptocurrency strategy is becoming clearer following his announcement of a designated White House Crypto Czar and the appointment of a new securities regulatory body. In a recent interview at the NYSE, Trump announced plans for a U.S. crypto reserve as he aims to do something great with the crypto space President-elect Donald Trump announced his ambitious plans for a U.S. crypto reserve, akin to the Strategic Petroleum Reserve, during his visit to the New York Stock Exchange (NYSE). Trump, who also had the honor of ringing the opening bell to commence todayâs trading, outlined his vision against the backdrop of being named Time magazineâs âPerson of the Yearâ for the second time. Source: CoinPedia
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Shiba Inu ($SHIB ), the popular and second-largest crypto meme coin by market cap, is poised for upside momentum as whale interest in the meme coin skyrockets. Despite the recent price decline across the cryptocurrency market, whalesâ interest and confidence in $SHIB remain unchanged, according to an on-chain analytics report by Coinglass. Data from the SHIB spot inflow/outflow metrics revealed that exchanges have witnessed a significant outflow of 3.3 trillion $SHIB tokens, worth over $93.3 million. This substantial outflow reflects the growing interest of whales in the meme coin.
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$XRP WHALE MOVES $95MâTHIS COULD BE THE BIG ONE! XRPâs looking like itâs about to pop, with a massive whale flex. 39.43M $XRP , aka $95M, just moved to Coinbase, and analysts are screaming âbreakout!â Itâs been dancing between $2.35 and $2.50, but if it smashes past that resistance, expect a rally toward $5 or even $18. XRPâs playing it cool with some corrective waves, but with major court drama and big transfers, things are looking up. Could this be the moon shot we've been waiting for?
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Starboard Value Bets on Riot Platforms: Mining Bitcoin or Mining Data? Big moves at Riot Platforms as activist investor Starboard Value takes a major stake. They're nudging Riot to shift some Bitcoin mining rigs toward AI-driven data center action - a pivot thatâs heating up across the scene. Riotâs stock surged 10% on the news, closing at $12.33. Is Riot sticking to Bitcoin stacks, or are they gearing up for a whole new game? Source: Mario Nawfal
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EigenLayerâs Big Move: 1% EIGEN for ETH Builders The Eigen Foundation just pledged 1% of its 1.68B token supply to the Protocol Guild - backing 180 devs across 29 teams keeping Ethereumâs base layer alive. With $18.2B TVL (out of $26.9B in all restaking), itâs the engine behind DeFiâs rise. By restaking ETH and other assets, projects can sidestep launching new tokens while tapping Ethereumâs top-tier security. As total DeFi TVL nears 2021 highs, restaking is shaping into the next big meta. Keep watching this space.
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