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👏💐Mr. Donald Trump officially takes the oath of office, becoming the 47th President of the United States.
However, CRYPTO was not mentioned in the speech.
At 12 noon on January 20 (Washington D.C. time), which is 00:00 in Vietnam, Mr. Donald Trump took the oath of office, officially becoming the 47th President of the United States.
Due to the freezing weather, the inauguration ceremony was held inside the Capitol building instead of outdoors as usual.
The ceremony was attended by Chief Justice John Roberts, former presidents, President Joe Biden, Vice President Kamala Harris, and many important politicians.
Mr. Trump placed his hand on the Bible, recited the oath, and affirmed his commitment to protect the Constitution of the United States.
In his inaugural speech, he emphasized that the "golden era of America" will begin, committing to elevate America to the forefront and criticizing the previous administration for not protecting the people's interests. He also announced urgent plans, including addressing the situation at the southern border, deporting illegal immigrants, and issuing decrees on social media freedom.
It is expected that President Trump will sign a series of executive orders on the day of his inauguration.
Currently, the crypto community is surely anticipating the next moves from the Trump administration, especially measures related to "strategic bitcoin reserve" and regulatory reforms concerning cryptocurrencies.
#Bitcoin #BTC #DonaldTrump
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Please like, comment, and follow Cafebit Research to stay updated with the latest news about the cryptocurrency market and not miss any important information!
However, CRYPTO was not mentioned in the speech.
At 12 noon on January 20 (Washington D.C. time), which is 00:00 in Vietnam, Mr. Donald Trump took the oath of office, officially becoming the 47th President of the United States.
Due to the freezing weather, the inauguration ceremony was held inside the Capitol building instead of outdoors as usual.
The ceremony was attended by Chief Justice John Roberts, former presidents, President Joe Biden, Vice President Kamala Harris, and many important politicians.
Mr. Trump placed his hand on the Bible, recited the oath, and affirmed his commitment to protect the Constitution of the United States.
In his inaugural speech, he emphasized that the "golden era of America" will begin, committing to elevate America to the forefront and criticizing the previous administration for not protecting the people's interests. He also announced urgent plans, including addressing the situation at the southern border, deporting illegal immigrants, and issuing decrees on social media freedom.
It is expected that President Trump will sign a series of executive orders on the day of his inauguration.
Currently, the crypto community is surely anticipating the next moves from the Trump administration, especially measures related to "strategic bitcoin reserve" and regulatory reforms concerning cryptocurrencies.
#Bitcoin #BTC #DonaldTrump
Thank you for following!
Please like, comment, and follow Cafebit Research to stay updated with the latest news about the cryptocurrency market and not miss any important information!
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Donald Trump's daughter warns about fake memecoin named after her
Ivanka Trump has spoken out to debunk a memecoin bearing her name, claiming it is fake and could pose risks to investors. Reminder not to buy it.
IVANKA asserts that she has nothing to do with this project. She emphasizes that this coin is at risk of fraud and that the unauthorized use of her name is a violation of her rights.
Ivanka Trump
IVANKA was released on the Ethereum blockchain and costs less than $0.01. Currently, the market capitalization is 191k USD, the maximum supply is 420,690,000,000 IVANKA coins, according to information from CoinMarketCap.
IVANKA asserts that she has nothing to do with this project. She emphasizes that this coin is at risk of fraud and that the unauthorized use of her name is a violation of her rights.
Ivanka Trump
IVANKA was released on the Ethereum blockchain and costs less than $0.01. Currently, the market capitalization is 191k USD, the maximum supply is 420,690,000,000 IVANKA coins, according to information from CoinMarketCap.
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CEO BlackRock Calls on SEC to Accelerate Approval of Asset Tokenization
As blockchain technology and digital assets continue to attract attention from traditional financial institutions, Larry Fink, CEO of BlackRock – the world's largest investment fund – recently called on the U.S. Securities and Exchange Commission (SEC) to expedite the approval process for the tokenization of assets such as bonds and stocks.
🙏A Call from BlackRock
Mr. Fink believes that applying blockchain to tokenize assets will help enhance transparency, reduce transaction costs, and improve efficiency in financial management. He emphasized that this will create a synchronized, secure, and more efficient financial ecosystem. The CEO of BlackRock also called for accelerating policy and legal processes to support innovation in the financial sector, maximizing the potential of blockchain and digital assets.
🙏A Call from BlackRock
Mr. Fink believes that applying blockchain to tokenize assets will help enhance transparency, reduce transaction costs, and improve efficiency in financial management. He emphasized that this will create a synchronized, secure, and more efficient financial ecosystem. The CEO of BlackRock also called for accelerating policy and legal processes to support innovation in the financial sector, maximizing the potential of blockchain and digital assets.
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Senator Warren Proposes Spending Cuts Through the Department of Government Efficiency (DOGE)
Senator Elizabeth Warren has just sent an open letter to Elon Musk, Chairman of the Department of Government Efficiency (DOGE), proposing measures to reduce wasteful spending by the federal government. The letter, dated January 23, suggests increasing funding for the Internal Revenue Service (IRS), closing loopholes in the current tax laws, and adding capital gains tax on estates.
Warren's proposals specifically target the wealthy, with calls to minimize waste in the federal tax code. With an estimated net worth of $426 billion, Elon Musk is one of those who could be directly affected by these tax measures.
Warren's proposals specifically target the wealthy, with calls to minimize waste in the federal tax code. With an estimated net worth of $426 billion, Elon Musk is one of those who could be directly affected by these tax measures.
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💦Vitalik Buterin Warns of Hidden Risks from Political Tokens
Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the rise of political tokens, particularly their potential use as bribery tools. Buterin emphasized that tokens like TRUMP and MELANIA, while popular before Donald Trump's inauguration, could pose significant dangers if used to influence the political process and ethical principles. He warned that the use of political tokens could lead to unchecked and unsupervised bribery.
Buterin also criticized regulations in the cryptocurrency industry, especially the policies of former SEC chairman, Gary Gensler, arguing that they have negatively impacted market development.
Nevertheless, he remains optimistic about the industry's future, urging a focus on transparent, sustainable projects that protect privacy. Buterin also highlighted that DeFi can be used responsibly to promote a fair and decentralized future.
#VitalikButerin #memecoin $TRUMP
Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the rise of political tokens, particularly their potential use as bribery tools. Buterin emphasized that tokens like TRUMP and MELANIA, while popular before Donald Trump's inauguration, could pose significant dangers if used to influence the political process and ethical principles. He warned that the use of political tokens could lead to unchecked and unsupervised bribery.
Buterin also criticized regulations in the cryptocurrency industry, especially the policies of former SEC chairman, Gary Gensler, arguing that they have negatively impacted market development.
Nevertheless, he remains optimistic about the industry's future, urging a focus on transparent, sustainable projects that protect privacy. Buterin also highlighted that DeFi can be used responsibly to promote a fair and decentralized future.
#VitalikButerin #memecoin $TRUMP
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SEC Cancels SAB 121 Guidance, Enabling Banks to Custody Bitcoin
The U.S. Securities and Exchange Commission (SEC) has announced Staff Accounting Bulletin (SAB) No. 122, which cancels SAB 121, thereby allowing banks and traditional financial institutions to provide Bitcoin custody services without facing the strict legal barriers previously encountered.
X: SEC Commissioner Hester Peirce
Previously, SAB 121 required banks to recognize Bitcoin as a liability on their balance sheets when they held this asset for customers. However, with the change in SAB 122, it has removed the rigid requirement forcing banks to record customers' cryptocurrency assets like Bitcoin as liabilities on their balance sheets.
X: SEC Commissioner Hester Peirce
Previously, SAB 121 required banks to recognize Bitcoin as a liability on their balance sheets when they held this asset for customers. However, with the change in SAB 122, it has removed the rigid requirement forcing banks to record customers' cryptocurrency assets like Bitcoin as liabilities on their balance sheets.
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Trump Issues Executive Order to Protect and Shape the Future of the Cryptocurrency Industry
U.S. President Donald Trump signed an executive order that includes provisions to protect individuals involved in the cryptocurrency sector from legal repercussions, provided their activities comply with the law. The order includes a review of the feasibility of establishing a national digital asset reserve and ensuring legal protection for legitimate activities in this field.
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The wife of eccentric tech mogul John McAfee launches memecoin
Janice Elizabeth McAfee, the wife of legendary cybersecurity expert John McAfee, announced the launch of AIntivirus (AINTI) on January 23, 2025. This is a memecoin that applies AI technology, designed to honor McAfee's legacy and continue his mission of protecting digital freedom.
AIntivirus (AINTI) quickly achieved initial success with a market capitalization exceeding 100 million USD in just a few hours. The price of AINTI fluctuated from $0.27 to $1 during the first hours of trading. However, the token's value has decreased by up to 70% from its peak, reflecting a common trend in celebrity-related tokens, where initial hype may not last.
AIntivirus (AINTI) quickly achieved initial success with a market capitalization exceeding 100 million USD in just a few hours. The price of AINTI fluctuated from $0.27 to $1 during the first hours of trading. However, the token's value has decreased by up to 70% from its peak, reflecting a common trend in celebrity-related tokens, where initial hype may not last.
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🔥Binance Labs Renamed to YZi Labs
On the evening of January 23, 2025, Binance Labs officially changed its name to YZi Labs, marking a turning point in expanding investment into AI and biotechnology (Biotech), completely separating from the "Binance" brand.
😍The Return of CZ and Ella Zhang:
- Changpeng Zhao (CZ), former CEO of Binance, returns in an advisory role and provides expertise training for founders.
- Ella Zhang, former Director of Binance Labs, will lead YZi Labs with extensive investment experience and a track record of supporting many outstanding projects such as Polygon, Injective, CertiK.
😊Future Plans of YZi Labs:
- Focus on investing in Web3, AI, and Biotech, exploring innovations that combine these three fields.
- Adjust the Incubation Program to better suit new founders.
- Continue to support over 250 current projects from 25 countries.
This is a strategic development step aimed at increasing long-term value while promoting waves of innovation in the industry.
#Binance #YZilabs #BinanceLabs
On the evening of January 23, 2025, Binance Labs officially changed its name to YZi Labs, marking a turning point in expanding investment into AI and biotechnology (Biotech), completely separating from the "Binance" brand.
😍The Return of CZ and Ella Zhang:
- Changpeng Zhao (CZ), former CEO of Binance, returns in an advisory role and provides expertise training for founders.
- Ella Zhang, former Director of Binance Labs, will lead YZi Labs with extensive investment experience and a track record of supporting many outstanding projects such as Polygon, Injective, CertiK.
😊Future Plans of YZi Labs:
- Focus on investing in Web3, AI, and Biotech, exploring innovations that combine these three fields.
- Adjust the Incubation Program to better suit new founders.
- Continue to support over 250 current projects from 25 countries.
This is a strategic development step aimed at increasing long-term value while promoting waves of innovation in the industry.
#Binance #YZilabs #BinanceLabs
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Bitcoin Does Not Threaten the Position of the US Dollar: Perspective from the CEO of Goldman Sachs
The CEO of Goldman Sachs asserted that Bitcoin does not threaten the position of the US dollar as the world's top reserve currency. The dollar maintains its dominant role due to the strong US economy, a stable financial system, and its central role in international trade.
Bitcoin, despite its advantages such as decentralization, transparency, and fast transactions, still does not meet enough standards to replace the dollar. The CEO emphasized that Bitcoin should be seen as an investment asset, not a solution to replace traditional currency.
Bitcoin, despite its advantages such as decentralization, transparency, and fast transactions, still does not meet enough standards to replace the dollar. The CEO emphasized that Bitcoin should be seen as an investment asset, not a solution to replace traditional currency.
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Justin Sun Reveals 4 Ideas to Revive Ethereum to 10,000 USD
Justin Sun, founder of Tron, has just announced an ambitious plan to manage the Ethereum Foundation (EF) and the Ethereum network, aiming to push ETH price to 10,000 USD.
Key proposals from Justin Sun:
Stop selling ETH for 3 years: Fund operations through DeFi, including lending ETH, staking, and borrowing stablecoins.
Tax layer 2 projects: Generate 5 billion USD annually to buy back and burn ETH, supporting value increase.
EF Internal Restructuring: Reduce staff, increase salaries for remaining employees, decrease node rewards, and enhance fee-burning mechanisms.
Key proposals from Justin Sun:
Stop selling ETH for 3 years: Fund operations through DeFi, including lending ETH, staking, and borrowing stablecoins.
Tax layer 2 projects: Generate 5 billion USD annually to buy back and burn ETH, supporting value increase.
EF Internal Restructuring: Reduce staff, increase salaries for remaining employees, decrease node rewards, and enhance fee-burning mechanisms.
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Bitwise files ETF application for Dogecoin
Bitwise Asset Management has officially filed for a Dogecoin (DOGE) ETF with the U.S. Securities and Exchange Commission (SEC). This is the first time a financial institution has attempted to bring a DOGE-focused ETF to the U.S. market.
Dogecoin, originally created in 2013 as a joke, has had a major turnaround in the past year thanks to support from Elon Musk and the Trump administration. The Department of Government Efficiency (D.O.G.E), established by President Donald Trump, has turned DOGE into a symbol of financial innovation, increasing optimism in the cryptocurrency community.
Dogecoin, originally created in 2013 as a joke, has had a major turnaround in the past year thanks to support from Elon Musk and the Trump administration. The Department of Government Efficiency (D.O.G.E), established by President Donald Trump, has turned DOGE into a symbol of financial innovation, increasing optimism in the cryptocurrency community.
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Documentary about Ross Ulbricht set to premiere, revealing the dark sides of Silk Road
Directors Blake J. Harris and Jonah Tulis, behind the documentary Console Wars, have just announced a new project about Ross Ulbricht – the founder of the Silk Road black market. The film, currently in post-production and slated for release in 2025, will utilize over 60 hours of exclusive interviews with Ulbricht to clarify misconceptions surrounding him.
Ulbricht, also known by the alias 'Dread Pirate Roberts,' operated Silk Road from 2011 until his arrest in 2013. He was sentenced to life in prison for money laundering, computer hacking, and conspiracy to traffic drugs. However, on January 21, 2025, President Donald Trump commuted his sentence, allowing him to be released after 12 years.
Ulbricht, also known by the alias 'Dread Pirate Roberts,' operated Silk Road from 2011 until his arrest in 2013. He was sentenced to life in prison for money laundering, computer hacking, and conspiracy to traffic drugs. However, on January 21, 2025, President Donald Trump commuted his sentence, allowing him to be released after 12 years.
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Binance Announces 6th Project on HODLer Airdrops - Animecoin (ANIME)
Binance announced that users who register BNB into Simple Earn products from 2025-01-17 to 2025-01-20 will receive airdrop rewards. Airdrop details will be available in 12 hours and rewards will be credited to users' Spot accounts at least 1 hour before trading begins.
Information about Animecoin (ANIME):
Token Name: Animecoin (ANIME)
Maximum Total Supply: 10,000,000,000 ANIME
Circulating token supply upon listing on Binance: 5,538,604,656 ANIME (55.39% of max supply)
Information about Animecoin (ANIME):
Token Name: Animecoin (ANIME)
Maximum Total Supply: 10,000,000,000 ANIME
Circulating token supply upon listing on Binance: 5,538,604,656 ANIME (55.39% of max supply)
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CZ speaks out to soothe the community as Trump does not mention cryptocurrency in executive orders
Former Binance CEO, Changpeng Zhao (CZ) shared, encouraging supporters to remain optimistic and patient, despite no immediate policy action from the Trump administration regarding the cryptocurrency sector.
"Everyone expects everything to happen in one day. Good things take time,"
CZ's advice helps the crypto community reduce anxiety. Cryptocurrency is full of potential and change takes time. The community needs to be patient and believe in the future, with a solid development journey ahead.
"Everyone expects everything to happen in one day. Good things take time,"
CZ's advice helps the crypto community reduce anxiety. Cryptocurrency is full of potential and change takes time. The community needs to be patient and believe in the future, with a solid development journey ahead.
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Eric Trump: Golden opportunity to invest in the United States – Energy, technology, and cryptocurrency
Eric Trump, the son of President Trump, shared his viewpoint on X, asserting that now is the best time to invest in the United States. He said:
"There has never been a better time to invest in the United States. Bet on our market, on energy, technology, and cryptocurrency – bet on the greatest country on Earth – a nation that has been freed from shackles and now has limitless potential! Undoubtedly, Biden has left a mess – but that mess will be fixed and the next four years will be spectacular. Transformational wealth will be created, and I hope everyone will be excited about the journey ahead."
"There has never been a better time to invest in the United States. Bet on our market, on energy, technology, and cryptocurrency – bet on the greatest country on Earth – a nation that has been freed from shackles and now has limitless potential! Undoubtedly, Biden has left a mess – but that mess will be fixed and the next four years will be spectacular. Transformational wealth will be created, and I hope everyone will be excited about the journey ahead."
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👀Crypto Firm Pleads Guilty to Manipulating FBI-Created Token
CLS Global (UAE) has pleaded guilty to volume manipulation and wire fraud in connection with its NexFundAI (NEXF) token, which was created by the FBI to detect cryptocurrency fraud.
Under the January 21 agreement, CLS was fined $428,059, forfeited assets on Binance and KuCoin, banned from trading cryptocurrencies involving U.S. investors for three years, and required to file annual compliance reports with the SEC.
NEXF was created by the FBI to attract fraudsters in price-inflating and dumping schemes. CLS admitted to facilitating volume manipulation through wash trading to defraud investors. This is the first time the FBI has used fake tokens to detect fraud.
#CSL #NexFundAI #SEC
CLS Global (UAE) has pleaded guilty to volume manipulation and wire fraud in connection with its NexFundAI (NEXF) token, which was created by the FBI to detect cryptocurrency fraud.
Under the January 21 agreement, CLS was fined $428,059, forfeited assets on Binance and KuCoin, banned from trading cryptocurrencies involving U.S. investors for three years, and required to file annual compliance reports with the SEC.
NEXF was created by the FBI to attract fraudsters in price-inflating and dumping schemes. CLS admitted to facilitating volume manipulation through wash trading to defraud investors. This is the first time the FBI has used fake tokens to detect fraud.
#CSL #NexFundAI #SEC
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President Trump loses points after claiming not to understand cryptocurrency, TRUMP Memecoin drops sharply
In a press conference on January 21, when announcing a $500 billion artificial intelligence investment project, Trump unexpectedly shared:
"I don't know where it is right now. I just know that I launched it, and it was very successful." When asked about the current value of TRUMP, he continued: "I haven't checked it. How is it today?"
Trump's indifference to his cryptocurrency has caused the TRUMP price to plummet, facing a wave of criticism from the community.
"I don't know where it is right now. I just know that I launched it, and it was very successful." When asked about the current value of TRUMP, he continued: "I haven't checked it. How is it today?"
Trump's indifference to his cryptocurrency has caused the TRUMP price to plummet, facing a wave of criticism from the community.