- Signing executive orders related to TikTok: On January 20, local time, Trump signed an executive order requiring the short video social media platform TikTok to be "banned if not sold"; the law will not be enforced for the next 75 days.
- Announcing the withdrawal of the United States from the World Health Organization and the Paris Agreement: On January 20, Trump signed an executive order announcing the United States' withdrawal from the World Health Organization and the Paris Agreement.
- Revoking multiple Biden administration policies: On January 20, local time, Trump revoked nearly 80 executive orders from the Biden administration, implemented a federal regulatory freeze to control the bureaucracy, fired some unqualified federal officials, suspended new employee hiring at the IRS, required full-time federal employees to return to in-office work, increased oil and gas production to lower energy costs, ended federal government censorship of citizens' speech, and canceled the decision to remove Cuba from the "State Sponsors of Terrorism" list during Biden's administration, among others.
- Pardoning Capitol riot perpetrators: Trump signed an executive order pardoning about 1,500 perpetrators of the Capitol riot and reducing the sentences of 14 individuals.
- Plans to impose tariffs: Trump announced that starting February 1, a 25% tariff will be imposed on goods imported from Canada and Mexico.
- Leading the Department of Government Efficiency to start operations: On January 21, local time, the Department of Government Efficiency (DOGE) led by Musk has officially started operations. The first task is to remove the website of the Chief Diversity Officers Executive Committee, which shows a 404 server error. Musk previously claimed that DOGE will work to cut $2 trillion in federal spending.
- DOGE official website launched: On January 21, the "Department of Government Efficiency" (DOGE) led by Musk officially launched the department's official website. The main logo of the website is Dogecoin, and multiple symbols of the department are composed of Shiba Inu patterns.
- Commenting on platform operation issues: Musk recently said that it is unfair to allow TikTok to operate in the United States while not allowing social media platform X to operate in China, and this needs to change. In response, China G said that as long as China G's laws and regulations are followed, there is no problem at all. - Expressing his position during Trump's inaugural speech: On January 21, Trump announced that he would send American astronauts to Mars. When Trump mentioned the issue of Mars, Musk next to him excitedly raised his thumb to show his approval.
The launch of the official Trump memecoin on Solana boosted SOL's TVL and price to new all-time highs at the expense of rival Ethereum.
😱 SOL's impressive performance over the past few days can be attributed to the memecoin associated with US President-elect Donald Trump, Official TRUMP (TRUMP), which has boosted interest in Solana, leading to a surge in both its price and trading volume.
Additionally, the total value locked (TVL) of the Solana network crossed the $10 billion mark for the first time since November 2022 and hit a new all-time high of over $12 billion.
Solana TVL hits new all-time high of $12B The frenzy around the Official TRUMP memecoin on Solana sent the SOL/USD pair soaring to all-time highs on Jan. 19, alongside a spike in total value locked (TVL).
On Jan. 20, DApps on the Solana network collectively held over $12 billion worth of SOL, representing an increase of nearly 50% over the past seven days, according to data from DefiLlama.
Ethereum (ETHUSD) Price Returns to Test Support – Today's Forecast 01-21-2025
Ethereum (ETHUSD) price found strong resistance at $3425.50, where it rebounded downward to test the pivotal support $3222.00, and as long as the price is above this level, the positive scenario will remain effective, waiting for the rush to break the mentioned resistance and open the way to head towards the $3680.00 areas in the near term.
On the other hand, it should be noted that breaking $3222.00 will pressure the price to make a new bearish correction, with its next target reaching the $3017.30 areas.
The expected trading range for today is between the support $3140.00 and the resistance $3425.00
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The sudden joy, After months of effort, I have achieved a small success at Binance. Today, Binance sent a whole box of New Year gifts, filled with merchandise: boxes, cushions, eye protectors, wallets, playing cards, couplets, and more—over a dozen items. Grateful to Binance. At the same time, I feel emotional about making a small achievement through Binance's rebate program, receiving such great recognition. The decision I made back then was so right. I will always follow Binance, through thick and thin. $BTC #币安新年礼物
#TrumpMarketInsights TrumpCoin is a cryptocurrency that was launched in 2016 during Donald Trump’s presidential campaign. It was created by independent developers and was not officially endorsed by Trump himself. The coin was essentially a digital asset that used Trump’s name and brand as a way to gain attention and capitalize on his political popularity at the time. Here are some key details about TrumpCoin:
1. Purpose and Origins
Created as a Meme Coin: TrumpCoin was launched as a "meme" or novelty cryptocurrency, designed to tap into the political fervor surrounding Donald Trump's presidential campaign. It was seen by many as a fun or speculative asset rather than a serious cryptocurrency.
2. Characteristics and Features
Blockchain and Technology: TrumpCoin was based on a similar model to Bitcoin but used the Litecoin blockchain technology. This means it was a "proof of work" cryptocurrency, meaning new coins were mined by solving complex mathematical problems.
3. Usage and Adoption
Speculative Investment: TrumpCoin did not gain significant traction as a widely used cryptocurrency. It was more of a speculative investment, popular among those who were supporters of Trump or people interested in digital currencies for fun or novelty.
4. Market Performance
Price Volatility: Like many early-stage cryptocurrencies, TrumpCoin experienced volatility, with its price often fluctuating based on market sentiment or media attention related to Donald Trump. However, it did not achieve the same level of success or recognition as more established cryptocurrencies like Bitcoin or Ethereum.
5. Criticism and Legacy
Association with Speculation: TrumpCoin was often criticized for being more of a speculative, meme-driven asset than a serious blockchain project. It was not seen as a viable financial asset by most crypto experts, and its connection to political figures often made it more of a novelty than a practical cryptocurrency. $BTC {spot}(BTCUSDT) $TRUMP {spot}(TRUMPUSDT)
President-elect Trump's meme coin, which sparked a wave of enthusiasm last week, was released over the weekend. After the release of his wife Melania's meme coin, the price of the $TRUMP token first plummeted, then rebounded, and then fell again. More family members are expected to join the ranks. Some observers believe that the launch of the $TRUMP token may herald a darker period for the broader cryptocurrency industry.
Is the Trump family too short of money? Trump's wife coin should be unplanned, but it turned out to be a black swan in the cryptocurrency circle. The website of Melania Coin was registered only yesterday. Why is Melania Trump a black swan? The entry of Trump's wife has dealt a devastating blow to the legitimacy of Trump Coin (TRUMP). Originally, Trump Coin almost became the king of coins, but after being messed up by his wife coin, the cryptocurrency circle doubted the feelings of this family. Of course, today is the weekend, and Wall Street's genuine traders will only eat melons and will definitely not participate. In the past 24 hours, the entire network of people playing Trump Coin and other crypto assets have been liquidated for more than 1 billion US dollars. The fuse is: Unlike the 3-year unlocking of Trump Coin, it only takes 30 days for Melania Coin to be fully unlocked. The Trump family sucks blood from the cryptocurrency circle, completely disregarding their eating manners. There is an old Chinese saying, "One rat shit spoils the whole pot of soup." The cryptocurrency circle was originally slowly rising and slowly moving up. Trump's currency issuance was like a thunderbolt from the blue sky. It exploded the hearts of the leeks to get rich overnight. They swarmed in and rushed to enter the market. In the end, Trump's butcher knife fell, killing and injuring countless people. Not only did it hurt the values of the entire market, but it also took away the money of the leeks. It is even more difficult to make a comeback. BTC, yesterday, Trump did not speak, and the positive stimulus was first dropped. It is just a little better, and it did not fall below the 99,500 upward trend structure. If there is no other positive stimulus recently, it should be mainly oscillating. It is still recommended that there should be a good wave of pull-ups in February, and everyone can step back and layout at lows. The Shanzhai surge is also in February. Bottom-hunting, cyclical layout of currencies, can only continue to hold the currency and wait for it to rise. Endure the garbage and ups and downs of this process. Still remind you that no matter which celebrity issues the currency, after entering the market, stop loss at the current price, and run away when you make money. Don't chase Trump currency. If you chase it, it will definitely return to zero in the end.$TRUMP #币圈翻车日记:我的2024坑爹时刻