🗞 January 30, 2025 cryptocurrency news highlights

【Cryptocurrency】
Trump brand watches go on sale, supporting Bitcoin and TRUMP payments

【Economy】
The world’s largest sovereign wealth fund indirectly holds more than $355 million in BTC, a year-on-year increase of 153%

Thailand considers launching stablecoin to boost digital asset market

【Indicators】
Bitcoin breaks through $106,000

【More】
Solana-based token jellyjelly saw its market cap "fast-track" to $1.5 billion after going live for 90 minutes, now standing at $1.51 billion with a total trading volume of $342 million.📈😮

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Norway's sovereign wealth fund, managed by NBIM, gained significant exposure to Bitcoin through investments in crypto-friendly companies. By the end of 2024, its indirect Bitcoin holdings grew to 3,821 BTC, valued at $356 million, marking a 153% increase📣

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South Dakota State Representative Logan Manhart has officially introduced a bill that would “permit the state to invest in Bitcoin.” 💰

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Yesterday the US Ethereum Spot ETF saw a net inflow of $68 million💣

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Bitcoin Falls Below $104,000, 24-Hour Loss 0.62%🔽

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U.S. President Donald Trump is imposing a 25% tariff on Mexico and Canada starting February 1, 2025, in an effort to curb illegal migration and illicit substance shipments into the U.S.

He is still considering whether to exempt oil imports from the tariffs.

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Musk’s father, Errol Musk, hopes to raise $150 million to $200 million through token projects

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In Q4, 2024, U.S. dollar stablecoins reached $192bn, officially surpassing 1% of the total U.S. money supply.

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Elon Musk's father, Errol, plans to raise $150-200m by launching the meme coin "Musk It".

This attempt to profit from his son's name could potentially strain their already tense relationship.

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Pump. fun is facing a proposed class action lawsuit alleging it violated U.S. securities law while earning $500m in fees.

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Bitcoin breaks through $105,000

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🗞 January 31, 2025 cryptocurrency news highlights

【Cryptocurrency】
Pump. fun is facing a proposed class action lawsuit alleging it violated U.S. securities law while earning $500m in fees.

【Economy】
Norway's sovereign wealth fund, managed by NBIM, gained significant exposure to Bitcoin through investments in crypto-friendly companies. By the end of 2024, its indirect Bitcoin holdings grew to 3,821 BTC, valued at $356 million, marking a 153% increase📣

【Indicators】
In Q4, 2024, U.S. dollar stablecoins reached $192bn, officially surpassing 1% of the total U.S. money supply.

【More】
U.S. President Donald Trump is imposing a 25% tariff on Mexico and Canada starting February 1, 2025, in an effort to curb illegal migration and illicit substance shipments into the U.S.

📱@Money 📱Twitter

Grayscale has launched a new trust offering exposure to Dogecoin (DOGE). The company's head of product and research, Rayhaneh Sharif-Askary, highlighted Dogecoin's low transaction costs and fast transfer speeds, making it ideal for international remittances, especially in areas with limited banking infrastructure 🐶

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The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million

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Last year Bitcoin went up 43.5% in February 👀

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Circle has minted 2.5 billion USDC on the Solana network, bringing the total supply to 60 billion USDC issued so far this year.🪙

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Yesterday's net inflow into the US Spot Bitcoin ETF was approximately $3.183 billion & US Ethereum Spot ETF saw a net inflow of approximately $27.77 million🕯

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The Texas Stock Exchange in the United States has raised $161 million from Blackard, Jump Trading and other institutions 💸

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