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Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why

The Daily Hodl
Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why
Altcoin
Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why

Two widely followed crypto traders say President Trump may have made one of the biggest financial blunders in modern history moments before taking office. In a new video on the state of the markets, pseudonymous analysts DonAlt and Cred say the launch of Trump’s official memecoin (TRUMP) potentially squandered a massive fortune for the 47th […]

The post Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why appeared first on The Daily Hodl.

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Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak

The Daily Hodl
Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak
Backed.fi
Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak

The creator of Base, the blockchain of top US-based crypto exchange Coinbase, says that the company’s stock (COIN) could soon become available on-chain. In a new thread on the social media platform X, Base developer Jesse Pollak says that eventually, every asset in the world will be on Base, including COIN. However, Pollak notes that […]

The post Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak appeared first on The Daily Hodl.

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Base mulls launching tokenized COIN stock

Coin Telegraph
Base mulls launching tokenized COIN stock
BASE

The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.

Coinbase is considering making tokenized shares of its stock available to United States users of Base, its Ethereum layer-2 network, Base developer Jesse Pollak said in a post on the X platform. 

Tokenized COIN shares are already available to non-US users through protocols such as Backed, a tokenized real-world assets (RWA) platform, Pollak said in a Jan. 3 X post.

COIN on Base is “something we are looking into in the new year,” Pollack said, adding that eventually, “every asset in the world will be on Base.”

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XRP Market Analysis: XRP Struggles Near as Bears Dominate — Is a Reversal in Sight?

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Celeb tokens that burned bright, then burned out in 2024

Coin Telegraph
Celeb tokens that burned bright, then burned out in 2024
COIN

2024 saw the birth of the "celebrity memecoin meta" with multiple public figures cashing in on their fame to launch memecoins, though many quickly fizzled out not long after launch.

Celebrity-themed crypto tokens had a flash-in-the-pan moment in 2024, with publicly-known figures looking to cash in on their fame amid a steady crypto rally.

But the short-lived “celeb meta” has seen the tokens plummet in value since launch or are down significantly from their peak highs, and their celeb backers have, in some cases, seen their creations possibly land them in court.

Let’s take a look at some of the tokens that burned bright before fizzling out soon after in 2024. 

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XRP Market Analysis: XRP Struggles Near as Bears Dominate — Is a Reversal in Sight?

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Celeb tokens that burned bright, then burned out in 2024

Coin Telegraph
Celeb tokens that burned bright, then burned out in 2024
COIN

2024 saw the birth of the "celebrity memecoin meta" with multiple public figures cashing in on their fame to launch memecoins, though many quickly fizzled out not long after launch.

Celebrity-themed crypto tokens had a flash-in-the-pan moment in 2024, with publicly-known figures looking to cash in on their fame amid a steady crypto rally.

But the short-lived “celeb meta” has seen the tokens plummet in value since launch or are down significantly from their peak highs, and their celeb backers have, in some cases, seen their creations possibly land them in court.

Let’s take a look at some of the tokens that burned bright before fizzling out soon after in 2024. 

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XRP Market Analysis: XRP Struggles Near as Bears Dominate — Is a Reversal in Sight?

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Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap

The Daily Hodl
Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap
Altcoins
Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap

A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% at time […]

The post Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap appeared first on The Daily Hodl.

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XRP Market Analysis: XRP Struggles Near as Bears Dominate — Is a Reversal in Sight?

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‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Coin Telegraph
‘BITSANITY’ — Records broken with B in volume for Bitcoin stocks, ETFs
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MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.

Trading volumes for the “Bitcoin Industrial Complex” — the United States spot Bitcoin exchange-traded funds (ETFs) and stocks like MicroStrategy (MSTR) and Coinbase (COIN) has hit a new record high — reaching 70 billion on Nov. 21 as Bitcoin rallied above $98,300.

It smashed the previous record of $55 billion set the day before when MSTR was the second most-traded stock in the US, according to Bloomberg ETF analyst Eric Balchunas, citing data from Bloomberg Intelligence.

”BITSANITY,” Balchunas said of the eye-popping figures.

MSTR also accounted for the bulk of the day’s trading volume as its shares tanked over 25% from its highest point of $536.7 to $397.28 when the closing bell rang on Nov. 21.

Source: Eric Balchunas

The record was set as Bitcoin rallied 5% to notch a new all-time high of $98,311, CoinGecko data shows.

Bitcoin has slightly retraced to $98,075 but is less than 2% from breaching the $100,000 milestone.

Related: A perfect storm is brewing for Bitcoin

It comes as the US spot Bitcoin ETFs surpassed $100 billion worth of assets on Nov. 21.

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Coinbase Stock Up 20% in 24 Hours After BTC Rallies to New All-Time High

Bitcoin.com
Coinbase Stock Up 20% in 24 Hours After BTC Rallies to New All-Time High
bitcoin.com
Coinbase Stock Up 20% in 24 Hours After BTC Rallies to New All-Time HighCoinbase stock COIN hit a new 52-week high of just over $328 on Nov. 11, driven by a surge in bitcoin’s value and overall market enthusiasm. Donald Trump-Inspired Enthusiasm On Nov. 11, the stock of the cryptocurrency exchange Coinbase (COIN) hit a new 52-week high of just over $328. The stock’s remarkable run, which started […]
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Crypto stocks close on huge gains riding Donald Trump’s US election win

Coin Telegraph
Crypto stocks close on huge gains riding Donald Trump’s US election win
Bitcoin

Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House.

United States crypto stocks ended the trading day on massive gains — most at double-digits — after a sweeping election win by Donald Trump and a new Bitcoin all-time high.

Crypto exchange Coinbase Global Inc (COIN), one of the biggest donors in the election cycle, saw the biggest gain on Nov. 6, closing up 31.11% at $254.3, now up 62.1% so far this year, according to Google Finance.

The popular trading house Robinhood Markets Inc (HOOD) also jumped 19.6% on the day, as did Bitcoin (BTC) miner MARA Holdings Inc (MARA) — formerly Marathon Digital. The BTC buying MicroStrategy Inc (MSTR) also closed up over 13%.

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$0.10 Coin Hits $295,000 at Auction – Why Investors Are Battling To Buy a Single US Dime

The Daily Hodl
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Bidders have pushed the price for a rare US dime to a staggering $250,000 – and they’re likely just getting started. If past is prologue, the online auction for this 1975 dime will close at more than half a million dollars when it ends on October 27th. The rare dime is missing the letter “S”, […]

The post $0.10 Coin Hits $295,000 at Auction – Why Investors Are Battling To Buy a Single US Dime appeared first on The Daily Hodl.

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XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

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