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$TRUMP launched by President Donald Trump in January 2025, soared to a $14 billion market cap, fueled by his promotion and political fandom. Branded “Let’s Make Memes Great Again,” it’s a Solana-based memecoin with 80% of its 1 billion supply held by Trump affiliates. Supporters hail its unmatched influence and cultural resonance, arguing it’s the greatest memecoin ever. Critics cite its volatility—$75 to $31 in days—ethical issues, and lack of utility, comparing it unfavorably to Dogecoin and Shiba Inu. As of March 24, 2025, $TRUMP’s hype is undeniable, but its centralized control and reliance on Trump’s persona question its longevity. It’s a phenomenon, but not yet the “best ever.”
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The SEC’s Crypto Task Force Roundtable on March 21, 2025, titled “Defining Security Status,” marked a shift toward regulatory clarity for digital assets. Held in Washington, D.C., and led by Commissioner Hester Peirce, it featured experts debating the security status of cryptocurrencies. Key takeaways included Bitcoin’s non-security status, the need for clearer rules, and decentralization as a potential differentiator. While some defended the Howey Test, others pushed for tailored frameworks. Acting Chairman Mark Uyeda hinted at future policy statements. Part of the “Spring Sprint Toward Crypto Clarity,” the event reflects a collaborative SEC approach, aiming to balance innovation and investor protection amid evolving U.S. crypto policy. #SECCryptoRoundtable
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Pump.fun, a leading memecoin platform on Solana, has launched PumpSwap, its own decentralized exchange (DEX), to replace reliance on Raydium. Announced on March 21, 2025, PumpSwap aims to enhance token migration efficiency and share revenue with creators, addressing past criticisms of its $600 million earnings since January 2024 without community redistribution. The DEX promises improved user experience and higher-quality token launches. This move intensifies competition with Raydium, which is developing its own memecoin platform, LaunchLab. PumpSwap could reshape Solana’s memecoin market, leveraging the blockchain’s dominance in this sector, amid growing institutional interest and evolving DeFi dynamics. $SOL
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Recently, Bitcoin.com reports a surge in investor confidence in Bitcoin ETFs, marked by a fifth consecutive day of inflows totaling $479.4 million on March 20, 2025. BlackRock’s IBIT led with $323.8 million, followed by Fidelity’s FBTC at $152.9 million, while Grayscale’s GBTC saw a modest outflow of $14.2 million. This trend reflects growing optimism, with Bitcoin’s price reaching $94,153. Analysts attribute this to macroeconomic shifts, including anticipated U.S. Federal Reserve rate cuts, and increasing institutional adoption. Experts like James Seyffart and Nate Geraci note the ETFs’ resilience and potential for record-breaking inflows, signaling Bitcoin’s maturing role in mainstream finance. #ETFWatch
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On March 20, 2025, the SEC clarified that Proof-of-Work (PoW) crypto mining, like Bitcoin’s, isn’t generally a security under the Howey Test. Profits from PoW mining stem from miners’ own computational efforts, not third-party actions, per the SEC’s statement. This offers regulatory relief, suggesting miners won’t face securities registration, a shift praised by Acting Chair Uyeda and Commissioner Peirce for correcting past ambiguity. Highlighted on X and Ledger Insights, the stance targets “Covered Assets” under PoW, not all cryptos, aiming to balance innovation and oversight. It’s a narrow but significant step in evolving U.S. crypto regulation. Thoughts on this? $BTC
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