Foreign Media: Eric Trump, Son of Donald Trump, Confirms US-based Crypto Project Will Enjoy Zero Capital Gains Tax👀

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The market cap of the Base ecosystem meme coin TOSHI has surpassed 5.7 million US dollars, now standing at 5.75 million US dollars, with a 24-hour gain of 98.8%, reaching a new all-time high.📈

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Trump's crypto project WLFI holds a total of $388 million worth of tokens, nearly half of which are ETH

According to Imk .fun (formerly Scopescan), Trump’s crypto project World Liberty Financial currently holds:
-55,400 ETH ($185.06 million);
-646.7 WBTC (US$67.73 million);
-40.72 million TRX (US$10.33 million);
-256.31k LINK (6.55 million USD);
-19,400 AAVE ($6.41 million);
-5.78 million ENA (4.94 million USD);

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JUP Soars Over 20% in a Short Time Frame, Currently Trading at $1.091

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🗞 January 26, 2025 cryptocurrency news highlights

【Cryptocurrency】
Trump's crypto project WLFI holds a total of $388 million worth of tokens, nearly half of which are ETH

【Economy】
Elon Musk and the Department of Government Efficiency (DOGE) are reportedly looking into using blockchain technology to modernize federal government systems, as per a Bloomberg report 🔄

【Indicators】
🪙 XRP is trading at $3.13, with a market cap of $180 billion and a 24-hour trading volume of $3.41 billion. Its intraday price range is between $3.08 and $3.14, suggesting key levels that traders are closely watching as the market consolidates, potentially signaling a major breakout 🕯

【More】
Ross Ulbricht receivds over $260,000 in day one Bitcoin donations 👀

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There are almost 40 million shitcoins.

There are only 21 million bitcoins.🤣

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The French Senate has approved the 2025 budget, which includes an “unproductive wealth” tax targeting assets like Bitcoin 🧑‍⚖️

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Bitcoin held on exchanges has fallen to 2.3 million, the lowest in years, signaling a shift as holders withdraw coins. This tightening of supply is contributing to rising prices and suggests more Bitcoin is being moved into long-term storage 📉

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Bitcoin fell to touch 102,000 US dollars, currently trading at 102,144 US dollars, a 24-hour decrease of 2.47%.📉

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If Bitcoin falls below $100,000, the cumulative long liquidation strength of mainstream CEXs will reach 560 million. On the other hand, if Bitcoin rebounds above $104,000, the cumulative short liquidation strength of mainstream CEXs will reach 768 million.💰

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Bitcoin Drops Below $100,000

According to HTX market data, Bitcoin has dropped below $100,000, currently trading at $99,732.

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Elon Musk has initiated discussions on blockchain use at the Department of Government Efficiency (DOGE), which is also tasked with modernizing federal technology to boost efficiency on top of slashing government spending.

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QCP analysis pointed out that a week after Trump took office, Bitcoin fell back below $100,000, as news of China's open source AI model Deepseek caused market concerns, which was seen as a potential threat to the US AI dominance and may have an impact on the US stock market.

The market is looking forward to the response measures that the Trump administration may take, but Bitcoin's upward momentum is insufficient in the short term and it is still fluctuating in the current range, while the market is optimistic about the trend after March. At the same time, as the Federal Reserve FOMC meeting approaches (January 30), VIX and market volatility remain high.

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The U.S. tech stocks are dropping in the pre-market:

⚫️Intel -1.73%
⚫️Tesla -2.86%
⚫️NVIDIA -8.9%
⚫️AMD -3.09%
⚫️Amazon -3.64%
⚫️Apple -1.17%
⚫️Broadcom -8.57%

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China is investing $138bn (1tr yuan) in the development of AI technologies within the country.

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🗞 January 27, 2025 cryptocurrency news highlights

【Cryptocurrency】
Elon Musk has initiated discussions on blockchain use at the Department of Government Efficiency (DOGE), which is also tasked with modernizing federal technology to boost efficiency on top of slashing government spending. 🐶

【Economy】
China is investing $138bn (1tr yuan) in the development of AI technologies within the country.🇨🇳

【Indicators】
The U.S. tech stocks are dropping in the pre-market

Bitcoin held on exchanges has fallen to 2.3 million, the lowest in years, signaling a shift as holders withdraw coins. This tightening of supply is contributing to rising prices and suggests more Bitcoin is being moved into long-term storage 📉

【More】
QCP analysis pointed out that a week after Trump took office, Bitcoin fell back below $100,000, as news of China's open source AI model Deepseek caused market concerns, which was seen as a potential threat to the US AI dominance and may have an impact on the US stock market.

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Wintermute deposited 69.33 million USDC to Binance in the past 24 hours🫡

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Bitcoin Temporarily Drops Below $99,000🔽

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